HDB Financial Services Senior Manager Credit Salaries by 4 Employees (Updated 2025)

13 - 19 years exp.

₹8.5 Lakhs - ₹10 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

33% less than the average Senior Manager Credit Salary in NBFC Companies for 13 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹9.4 L/yr - ₹10 L/yr
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Finance & Accounting Senior Manager Credit Salary 13 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 8 Mar 2025

Companies similar to HDB Financial Services for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Senior Manager Credit Salary 6 - 15 years exp. (102 salaries)	₹6.1 L/yr - ₹19.5 L/yr 20% more
Aditya Birla Finance Senior Manager Credit Salary 3 - 10 years exp. (39 salaries)	₹8.5 L/yr - ₹26.7 L/yr 77% more
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L&T Finance Senior Manager Credit Salary 5 - 10 years exp. (17 salaries)	₹8 L/yr - ₹24.3 L/yr 50% more
Aye Finance Senior Manager Credit Salary 2 - 15 years exp. (12 salaries)	₹6 L/yr - ₹12.6 L/yr 2% less
TVS Credit Senior Manager Credit Salary 10 - 15 years exp. (10 salaries)	₹9.8 L/yr - ₹20.4 L/yr 79% more
Hero FinCorp Senior Manager Credit Salary 5 - 10 years exp. (5 salaries)	₹12.1 L/yr - ₹35 L/yr 112% more
Muthoot Fincorp Senior Manager Credit Salary 5 - 11 years exp. (5 salaries)	₹6 L/yr - ₹6.5 L/yr 31% less
Bajaj Finance Senior Manager Credit Salary 3 - 6 years exp. (5 salaries)	₹5.6 L/yr - ₹13.5 L/yr 17% more
IIFL SAMASTA Senior Manager Credit Salary 4 - 8 years exp. (4 salaries)	₹3 L/yr - ₹8.5 L/yr 35% less
IIFL Finance Senior Manager Credit Salary 1 - 14 years exp. (4 salaries)	₹8 L/yr - ₹9.4 L/yr 3% less
Manappuram Finance Senior Manager Credit Salary 6 - 10 years exp. (4 salaries)	₹7.8 L/yr - ₹11.7 L/yr 9% less
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Fedbank Financial Services Senior Manager Credit Salary 3 - 10 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 23% more
Annapurna Finance Senior Manager Credit Salary 1 - 4 years exp. (4 salaries)	₹7.1 L/yr - ₹8.1 L/yr 21% less
Muthoot Finance Senior Manager Credit Salary 4 - 11 years exp. (4 salaries)	₹5 L/yr - ₹12.7 L/yr 15% less
Shubham Housing Development Finance Senior Manager Credit Salary 10 - 13 years exp. (3 salaries)	₹7.9 L/yr - ₹10 L/yr 1% less	1 job opening
Mahindra Finance Senior Manager Credit Salary 4 - 7 years exp. (3 salaries)	₹12 L/yr - ₹16.8 L/yr 62% more
Spandana Sphoorty Financial Senior Manager Credit Salary 16 - 17 years exp. (3 salaries)	₹8.8 L/yr - ₹11.2 L/yr 5% more
SK Finance Limited Senior Manager Credit Salary 3 - 16 years exp. (3 salaries)	₹5 L/yr - ₹7.5 L/yr 33% less
Shriram Finance Senior Manager Credit Salary 5 - 9 years exp. (3 salaries)	₹6.5 L/yr - ₹10 L/yr At par

Senior Manager Credit salary at HDB Financial Services ranges between ₹8.5 Lakhs to ₹10 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Senior Manager Credit salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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15+ years (3 salaries)	₹9.2 L/yr - ₹10 L/yr

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Salary related reviews for HDB Financial Services

3.0

Rated by 1 employees for salary & benefits

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

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Salary - Good

+1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Skill development - Poor

+2 more

Relationship Manager in Bhubaneswar

Full Time

Finance & Accounting Department

4.0

• posted on 17 Feb 2025

4.0

for Salary and Benefits

Likes

supportive, family-like, and encouraging of internal growth, with good opportunities for career advancement, along with competitive incentives and on-time salary payments

Salary - Good

+6 more

Dislikes

intense pressure to meet high sales targets, poor work-life balance, low salary, lack of career growth opportunities, rigid company culture, excessive manual work, and a perceived lack of support from management.

Branch Credit Manager in Kolkata

Full Time

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

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

Salary - Poor

+5 more

Credit Relationship Manager in Srikakulam

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 12 Oct 2023

1.0

for Salary and Benefits

Likes

We can learn multiple products in credit and we can fully learn our core.

Skill development - Good

Dislikes

Less salaries full work pressure including credit they’ll ask to bring some sales , no support and coming to appraisals there is no choice for that every department need to take permission from sales cluster

Salary - Bad

+3 more

see more salary related reviews

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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 Senior Manager Credit Salary FAQs

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

The average salary of a Senior Manager Credit at HDB Financial Services in India typically ranges from ₹8.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Senior Manager Credit at HDB Financial Services earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Senior Manager Credit 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 4 HDB Financial Services employees in India.

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

The estimated take-home salary of a Senior Manager Credit at HDB Financial Services in India typically ranges from ₹67,325 to ₹69,049 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 13 years to 19 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 4 salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Hero FinCorp	₹12.1 Lakhs to ₹35.0 Lakhs per year
TVS Credit	₹9.8 Lakhs to ₹20.4 Lakhs per year
Aditya Birla Finance	₹8.5 Lakhs to ₹26.7 Lakhs per year
Mahindra Finance	₹12.0 Lakhs to ₹16.8 Lakhs per year
L&T Finance	₹8.0 Lakhs to ₹24.3 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 Senior Manager Credit in companies similar to HDB Financial Services in India?

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

Fedbank Financial Services	₹7.2 Lakhs to ₹15.0 Lakhs per year
SMFG India Credit	₹6.1 Lakhs to ₹19.5 Lakhs per year
Bajaj Finance	₹5.6 Lakhs to ₹13.5 Lakhs per year
Spandana Sphoorty Financial	₹8.8 Lakhs to ₹11.2 Lakhs per year
Shriram Finance	₹6.5 Lakhs to ₹10.0 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 Senior Manager Credit at HDB Financial Services in India?

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

Experience	Average Salary Range
13 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
15 years	₹9.2 Lakhs to ₹10.0 Lakhs per year

and so on.

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HDB Financial Services Senior Manager Credit Salaries

HDB Financial Services Senior Manager Credit salary in India ranges between ₹8.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDB Financial Services latest salaries received from various employees of HDB Financial Services.