HDB Financial Services Kolkata Credit Manager Salaries by 40+ Employees (Updated 2025)

0 - 11 years exp.

₹2.4 Lakhs - ₹6.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% less than the average Credit Manager Salary in NBFC Companies for 0 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Credit Manager Salary 0 - 10 years exp. (14 salaries)	₹2.5 L/yr - ₹6.4 L/yr
BFSI, Investments & Trading Credit Manager Salary 0 - 11 years exp. (13 salaries)	₹3.4 L/yr - ₹5.5 L/yr
Login to view exact salary
Customer Success, Service & Operations Credit Manager Salary 5 - 8 years exp. (5 salaries)	₹3 L/yr - ₹5.7 L/yr
Risk Management & Compliance Credit Manager Salary 0 - 1 year exp. (3 salaries)	₹2.4 L/yr - ₹5.8 L/yr

Last Updated: 31 Mar 2025

Companies similar to HDB Financial Services for Credit Manager in Kolkata

HDB Financial Services Credit Manager Salary

0 - 11 years exp. (41 salaries)

₹2.4 L/yr - ₹6.4 L/yr

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Credit Manager Salary 0 - 12 years exp. (34 salaries)	₹3.2 L/yr - ₹11 L/yr 45% more
Aditya Birla Finance Credit Manager Salary 2 - 10 years exp. (13 salaries)	₹7 L/yr - ₹10.4 L/yr 61% more
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IIFL Finance Credit Manager Salary 0 - 9 years exp. (6 salaries)	₹3.3 L/yr - ₹9.7 L/yr 35% more
Muthoot Finance Credit Manager Salary 3 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹5.3 L/yr 9% more	1 job opening
Manappuram Finance Credit Manager Salary 6 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹5.3 L/yr 8% less
Mahindra Finance Credit Manager Salary 9 - 11 years exp. (3 salaries)	₹8.2 L/yr - ₹12.5 L/yr 97% more
Tata Motors Finance Credit Manager Salary 3 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹9 L/yr 93% more

Credit Manager salary at HDB Financial Services ranges between ₹2.4 Lakhs to ₹6.4 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 41 latest salaries received from various employees of HDB Financial Services.

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

1w ago

₹4.1 Lakhs

1 year exp.

3w ago

₹5.7 Lakhs

8 years exp.

1mo ago

₹3.5 Lakhs

4 years exp.

1mo ago

₹4.4 Lakhs

2 years exp.

2mo ago

₹6 Lakhs

10 years exp.

3mo ago

8 years exp.

4mo ago

7 years exp.

4mo ago

3 years exp.

8mo ago

8 years exp.

9mo ago

9 months exp.

Experience wise HDB Financial Services Credit Manager salaries in Kolkata

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2.4 L/yr - ₹4 L/yr
1 year (3 salaries)	₹2.4 L/yr - ₹4.1 L/yr
Login to view exact salary
2 years (5 salaries)	₹2.5 L/yr - ₹5 L/yr
3 years (3 salaries)	₹3.5 L/yr - ₹6.4 L/yr
4 years (5 salaries)	₹3 L/yr - ₹7.5 L/yr
5 years (3 salaries)	₹4 L/yr - ₹4.8 L/yr
6 years (6 salaries)	₹3 L/yr - ₹6.4 L/yr
7 years (5 salaries)	₹3.9 L/yr - ₹5.5 L/yr
8 years (4 salaries)	₹3 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr

View all

From

Credit Manager

₹

Lakhs/yr

0 - 12 years exp.

Zonal Business Manager

₹

Lakhs/yr

11 - 19 years exp.

Credit Manager

0 - 12 years exp.

Branch Credit Manager

0 - 13 years exp.

12% hike

Branch Manager

6 - 18 years exp.

78% hike

From

View 3 more levels

Credit Manager

0 - 12 years exp.

Zonal Manager

16 - 23 years exp.

From

View 2 more levels

Credit Manager

0 - 12 years exp.

Cluster Credit Manager

13 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDB Financial Services

Sales Manager Salary

(102 salaries)

₹1 L/yr - ₹5.58 L/yr

Credit Officer Salary

(15 salaries)

₹1.2 L/yr - ₹3.8 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

4.0

Rated by 8 employees for salary & benefits

Credit Manager in Aurangabad

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.

Salary - Excellent

+6 more

Dislikes

Nothing

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Sales Officer in Barpeta

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:

Salary - Excellent

+6 more

Dislikes

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

Credit Relationship Manager in Ankleshwar

Full Time

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.

Skill development - Good

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.

Salary - Poor

+4 more

Sales Manager in Jaipur

Full Time

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

Job security - Poor

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HDB Financial Services

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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HDB Financial Services Credit Manager Salary FAQs

What is the salary of Credit Manager at HDB Financial Services in Kolkata?

The average salary of a Credit Manager at HDB Financial Services in Kolkata typically ranges from ₹2.4 Lakhs to ₹6.4 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Credit Manager in Kolkata at HDB Financial Services earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Credit Manager Salaries at HDB Financial Services can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 40+ HDB Financial Services employees in India.

What is the estimated take home salary of a Credit Manager at HDB Financial Services in Kolkata?

The estimated take-home salary of a Credit Manager at HDB Financial Services in Kolkata typically ranges from ₹33,778 to ₹35,036 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from Fresher to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 40+ salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Manager at HDB Financial Services in Kolkata?

To be a Credit Manager at HDB Financial Services in Kolkata, the key skills required include:

- Credit Underwriting
- Credit Appraisal
- Credit Management
- Credit Assessment
- Credit

These skills are highly valued at HDB Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDB Financial Services for Credit Manager in India?

Mahindra Finance	₹8.2 Lakhs to ₹12.5 Lakhs per year
Tata Motors Finance	₹7.5 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Finance	₹7.0 Lakhs to ₹10.4 Lakhs per year
SMFG India Credit	₹3.2 Lakhs to ₹11.0 Lakhs per year
IIFL Finance	₹3.3 Lakhs to ₹9.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDB Financial Services, depending on the role and experience level.

What is the salary of a Credit Manager in companies similar to HDB Financial Services in Kolkata?

The salary of a Credit Manager at companies similar to HDB Financial Services in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Finance	₹4.5 Lakhs to ₹5.3 Lakhs per year
Manappuram Finance	₹3.6 Lakhs to ₹5.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Credit Manager at HDB Financial Services in Kolkata?

The salary growth for a Credit Manager at HDB Financial Services in Kolkata depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Kolkata can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹4.0 Lakhs per year
1 year	₹2.4 Lakhs to ₹4.1 Lakhs per year
2 years	₹2.5 Lakhs to ₹5.0 Lakhs per year
3 years	₹3.5 Lakhs to ₹6.4 Lakhs per year

and so on.

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HDB Financial Services Credit Manager Salaries in Kolkata

HDB Financial Services Credit Manager salary in Kolkata ranges between ₹2.4 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 41 HDB Financial Services latest salaries received from various employees of HDB Financial Services.