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HDB Financial Services

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4.0

based on 19.7k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDB Financial Services Credit Manager salaries in Chennai

Annual salary range
0 - 12 years exp.
₹2.5 Lakhs - ₹8 Lakhs
Salary of majority employees
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42% less than the average Credit Manager Salary in NBFC Companies for 0 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
1 - 12 years exp. (26 salaries)
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₹2.9 L/yr - ₹8 L/yr

Finance & Accounting
Credit Manager Salary
0 - 11 years exp. (21 salaries)
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₹2.5 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Credit Manager Salary
4 - 10 years exp. (6 salaries)
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₹2.7 L/yr - ₹7.2 L/yr

Risk Management & Compliance
Credit Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹6.3 L/yr

Last Updated: 15 Jan 2025

Companies similar to HDB Financial Services for Credit Manager in Chennai

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HDB Financial Services Credit Manager Salary

0 - 12 years exp. (61 salaries)

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₹2.5 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Manager Salary

0 - 11 years exp. (174 salaries)

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₹2.7 L/yr - ₹12 L/yr

arrow icon 63% more
3 job openings
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (179 salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 93% more
1 job opening
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Axis Bank Credit Manager Salary

0 - 12 years exp. (45 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 90% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 9 years exp. (39 salaries)

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₹4 L/yr - ₹13.2 L/yr

arrow icon 92% more
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State Bank of India Credit Manager Salary

6 - 13 years exp. (8 salaries)

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₹13 L/yr - ₹32 L/yr

arrow icon 391% more
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Aditya Birla Finance Credit Manager Salary

1 - 9 years exp. (43 salaries)

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₹3.8 L/yr - ₹8.7 L/yr

arrow icon 52% more
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SMFG India Credit Credit Manager Salary

1 - 13 years exp. (16 salaries)

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₹3.2 L/yr - ₹10.5 L/yr

arrow icon 39% more
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Aditya Birla Capital Credit Manager Salary

4 - 10 years exp. (15 salaries)

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₹4 L/yr - ₹9.3 L/yr

arrow icon 41% more
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Shriram Finance Credit Manager Salary

3 - 14 years exp. (11 salaries)

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₹2.8 L/yr - ₹9.9 L/yr

arrow icon 5% more
4 job openings
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Tata Capital Credit Manager Salary

1 - 8 years exp. (11 salaries)

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₹4.1 L/yr - ₹8.6 L/yr

arrow icon 56% more
10 job openings
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Edelweiss Credit Manager Salary

0 - 8 years exp. (10 salaries)

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₹5.5 L/yr - ₹12 L/yr

arrow icon 47% more
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TVS Credit Credit Manager Salary

4 - 8 years exp. (6 salaries)

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₹3.9 L/yr - ₹8.5 L/yr

arrow icon 15% more
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Bajaj Housing Finance Credit Manager Salary

1 - 7 years exp. (6 salaries)

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₹2.7 L/yr - ₹5.4 L/yr

At par
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Muthoot Finance Credit Manager Salary

2 - 9 years exp. (6 salaries)

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₹3 L/yr - ₹5.5 L/yr

At par
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Muthoot Fincorp Credit Manager Salary

2 - 12 years exp. (5 salaries)

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₹3.6 L/yr - ₹6 L/yr

arrow icon 3% more
13 job openings
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Annapurna Finance Credit Manager Salary

3 - 10 years exp. (5 salaries)

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₹3.4 L/yr - ₹5.1 L/yr

arrow icon 3% less
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Mahindra Finance Credit Manager Salary

5 - 13 years exp. (4 salaries)

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₹5.4 L/yr - ₹12 L/yr

arrow icon 80% more
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IIFL SAMASTA Credit Manager Salary

2 - 9 years exp. (3 salaries)

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₹1.9 L/yr - ₹5 L/yr

arrow icon 9% less
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L&T Finance Credit Manager Salary

2 - 5 years exp. (3 salaries)

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₹4.8 L/yr - ₹9 L/yr

arrow icon 77% more
Credit Manager salary at HDB Financial Services ranges between ₹2.5 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 61 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Credit Manager in Chennai

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Experience wise HDB Financial Services Credit Manager salaries in Chennai

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4 L/yr
1 year  (4 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
2 years  (3 salaries)

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₹3.2 L/yr - ₹4.4 L/yr
3 years  (4 salaries)

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₹3 L/yr - ₹4.8 L/yr
4 years  (11 salaries)

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₹2.7 L/yr - ₹5 L/yr
View all

Similar Designation salaries in HDB Financial Services

Sales Manager Salary
(101 salaries)
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₹1.2 L/yr - ₹5.5 L/yr
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₹2 L/yr - ₹7.8 L/yr
Branch Manager Salary
(41 salaries)
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₹4.17 L/yr - ₹12 L/yr
Credit Officer Salary
(27 salaries)
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₹1.2 L/yr - ₹3.74 L/yr
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₹8.75 L/yr - ₹15 L/yr
Deputy Manager Salary
(9 salaries)
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₹4 L/yr - ₹7.5 L/yr
Credit Analyst Salary
(6 salaries)
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₹1.9 L/yr - ₹4 L/yr

Top skills at HDB Financial Services for Credit Manager

Credit Underwriting Credit Appraisal Credit Management Credit Assessment Credit Credit Administration Commercial Vehicle Credit Analysis Credit Monitoring Underwriting Compliance Commercial Vehicle Loans Policies CVS Lending

Salary related reviews for HDB Financial Services

1.8

Rated by 9 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 03 May 2018

5.0
 for  Salary and Benefits

Likes

I would like to say HDB good company to work place, no pressure, good salary growth, career growth, work environment is very good and we can spend our time with family no restrictions to you job to be finished.

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Dislikes

Nothing

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 01 Nov 2024

5.0
 for  Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

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Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

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Full Time

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Customer Success, Service & Operations Department

2.0
  •  posted on 24 Oct 2024

2.0
 for  Salary and Benefits

Likes

Learning Purposes it is goood but not good life long time.

Dislikes

Everything 1 Salary structure 2 Leave not giving which is considered as Leave on system but if they mail " Tomorrow is normal working day " u must come to branch, Shame thing to work with them.

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Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 12 Oct 2024

2.0
 for  Salary and Benefits

Likes

...o like. Business teams are leading here. Business teams behaves like dog to BCM. Only on time salary is good thing

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Dislikes

No value for credit in specially West Bengal lending department.No support for credit department. Business team from zonal level forceful to Branch credit level. Even working on credit department you will feel like you are working on sales. Even credit manager gets pressure more than any sales manager. Credit Manager leaves office every day at 10pm and at month end 3am at night.Even works on Saturday and Sunday

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Full Time

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Finance & Accounting Department

4.0
  •  posted on 01 Oct 2024

3.0
 for  Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

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HDB Financial Services Credit Manager Salary FAQs

What is the salary of Credit Manager at HDB Financial Services Chennai?
Credit Manager salary at HDB Financial Services in Chennai ranges between ₹2.5 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 42% less than the average Credit Manager Salary in India. Salary estimates are based on 61 latest salaries received from various employees of HDB Financial Services Chennai.
How does the salary of a Credit Manager at HDB Financial Services Chennai compare with the average salary range for this job?
The average salary of a Credit Manager at HDB Financial Services is 42% less than the average salary of a Credit Manager in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Credit Manager at HDB Financial Services?
Credit Underwriting, Credit Appraisal, Credit Management, Credit Assessment and Credit are some of the popular skills required to work as a Credit Manager at HDB Financial Services Chennai.
Which similar companies are paying more than HDB Financial Services to a Credit Manager in Chennai?
  • State Bank of India Credit Manager Salary - ₹13.0 Lakhs to ₹32.0 Lakhs per year
  • ICICI Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
  • Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹13.2 Lakhs per year
  • Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
  • Mahindra Finance Credit Manager Salary - ₹5.4 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to HDB Financial Services in Chennai?
  • L&T Finance Credit Manager Salary - ₹4.8 Lakhs to ₹9.0 Lakhs per year
  • HDFC Bank Credit Manager Salary - ₹2.7 Lakhs to ₹12.0 Lakhs per year
  • Tata Capital Credit Manager Salary - ₹4.1 Lakhs to ₹8.6 Lakhs per year
  • Aditya Birla Finance Credit Manager Salary - ₹3.8 Lakhs to ₹8.7 Lakhs per year
  • Edelweiss Credit Manager Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year
What is the estimated take home salary of a Credit Manager at HDB Financial Services in Chennai?
The estimated take-home salary of a Credit Manager at HDB Financial Services ranges between ₹35,250 per month to ₹36,486 per month in Chennai. The take-home salary calculation is based on the average HDB Financial Services Credit Manager salary in India which ranges between ₹2.5 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at HDB Financial Services in Chennai?
According to AmbitionBox, 67% of the HDB Financial Services Credit Managers in Chennai reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDB Financial Services Credit Manager salary in Chennai ranges between ₹2.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 61 HDB Financial Services latest salaries received from various employees of HDB Financial Services.