HDFC Credila Financial Services Chennai Credit Manager Salaries by 9 Employees (Updated 2025)

3 - 8 years exp.

₹5.5 Lakhs - ₹10.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% more than the average Credit Manager Salary in Financial Services Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 8 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr
Finance & Accounting Credit Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.5 L/yr
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Risk Management & Compliance Credit Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr

Last Updated: 6 Apr 2025

Companies similar to HDFC Credila Financial Services for Credit Manager in Chennai

HDFC Credila Financial Services Credit Manager Salary

3 - 8 years exp. (9 salaries)

₹5.5 L/yr - ₹10.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Manager Salary 0 - 11 years exp. (173 salaries)	₹3.8 L/yr - ₹15 L/yr 2% more
HDFC Bank Credit Manager Salary 0 - 11 years exp. (173 salaries)	₹2 L/yr - ₹12 L/yr 28% less	13 job openings
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HDB Financial Services Credit Manager Salary 0 - 11 years exp. (67 salaries)	₹2.5 L/yr - ₹9 L/yr 47% less	1 job opening
Yes Bank Credit Manager Salary 1 - 10 years exp. (58 salaries)	₹3 L/yr - ₹11.1 L/yr 24% less
Aditya Birla Finance Credit Manager Salary 2 - 10 years exp. (47 salaries)	₹4 L/yr - ₹8.7 L/yr 35% less

Credit Manager salary at HDFC Credila Financial Services ranges between ₹5.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of HDFC Credila Financial Services.

Experience wise HDFC Credila Financial Services Credit Manager salaries in Chennai

Last Updated: 6 Apr 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
4 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
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5 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
6 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
7 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr

View all

Similar Designation salaries in HDFC Credila Financial Services

Sales Manager Salary

(8 salaries)

₹5.15 L/yr - ₹9.65 L/yr

Top skills at HDFC Credila Financial Services for Credit Manager

Credit Appraisal channel management Partner Management Credit Underwriting Client Management New Business Acquisition Lead Generation Team Handling Financial Statement Analysis Credit Management Portfolio Management Risk Assessment Preparing Financial Statements Credit Risk Documentation

Salary related reviews for HDFC Credila Financial Services

4.0

Rated by 1 employees for salary & benefits

Sales Executive in New Delhi

Full Time

Sales & Business Development Department

2.0

• posted on 14 Nov 2024

4.0

for Salary and Benefits

Likes

Salary only.

Salary - Good

+2 more

Dislikes

This company is having toxic environment. Neither we were working here for appraisal nor working for incentives. Only we were working for our job pressure. That time was like a trauma for me. In the starting they told me the working hours are 8-9 hrs. After joining it was 12-15 hrs.

Promotions - Poor

+3 more

Assistant Branch Operations Manager in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Sep 2024

3.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

...ime and everywhere, even when you are sick. The managers dont have any humanity. Pay is okay, but appraisal is poor. They is no growth in the compnay even when you are investing 10 years in the company. I will not suggest anyone to join HDFC Credila. They want you to work minimum 10 hours a day. Your manager will call you an scold you if you will leave early.

Skill development - Bad

+4 more

Sales Executive in Chennai

Full Time

Finance & Accounting Department

5.0

• posted on 21 Dec 2023

5.0

for Salary and Benefits

Likes

Interesting place to work. Very friendly and good salary. Good management and benefits to employees. Work life balance is prioritized.

Salary - Excellent

+6 more

Dislikes

A feeling that you're ready for more responsibility. A lack of opportunities for professional growth and development.

Relationship Officer in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 17 Oct 2023

3.0

for Salary and Benefits

Likes

Good for freshers, many things to learn. You can start your career here and the move. It is developing organisation so that you can see many changes and learn new things

Skill development - Good

Dislikes

It takes really long time for promotion and other things like salary hike n all. Zero life balance at season time.

Promotions - Poor

+2 more

Cashier in Bhopal

Cashiers Department

5.0

• posted on 25 Oct 2022

5.0

for Salary and Benefits

Likes

good customer good service and good staff and good salary package and and clean department all good facilities provide best hdfc service

Salary - Excellent

+6 more

Dislikes

good customer good service and good salary package good good staff and good salary package clean branch and department all good facilities provided best company

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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HDFC Credila Financial Services Credit Manager Salary FAQs

What is the salary of Credit Manager at HDFC Credila Financial Services in Chennai?

The average salary of a Credit Manager at HDFC Credila Financial Services in Chennai typically ranges from ₹5.5 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Credit Manager in Chennai at HDFC Credila Financial Services earn more than ₹9.9 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Credit Manager Salaries at HDFC Credila 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 9 HDFC Credila Financial Services employees in India.

What is the estimated take home salary of a Credit Manager at HDFC Credila Financial Services in Chennai?

The estimated take-home salary of a Credit Manager at HDFC Credila Financial Services in Chennai typically ranges from ₹67,173 to ₹68,893 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 3 years to 8 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 9 salaries received from various employees of HDFC Credila 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 HDFC Credila Financial Services in Chennai?

To be a Credit Manager at HDFC Credila Financial Services in Chennai, the key skills required include:

- Credit Appraisal
- channel management
- Partner Management
- Credit Underwriting
- Client Management

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

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

ICICI Bank

₹3.8 Lakhs to ₹15.0 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to HDFC Credila Financial Services in Chennai?

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

Yes Bank	₹3.0 Lakhs to ₹11.1 Lakhs per year
HDFC Bank	₹2.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Finance	₹4.0 Lakhs to ₹8.7 Lakhs per year
HDB Financial Services	₹2.5 Lakhs to ₹9.0 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 Credit Manager at HDFC Credila Financial Services in Chennai?

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

Experience	Average Salary Range
3 years	₹7.9 Lakhs to ₹10.1 Lakhs per year
4 years	₹8.0 Lakhs to ₹10.3 Lakhs per year
5 years	₹8.2 Lakhs to ₹10.5 Lakhs per year
6 years	₹8.4 Lakhs to ₹10.7 Lakhs per year

and so on.

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HDFC Credila Financial Services Credit Manager Salaries in Chennai

HDFC Credila Financial Services Credit Manager salary in Chennai ranges between ₹5.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 HDFC Credila Financial Services latest salaries received from various employees of HDFC Credila Financial Services.

HDFC Credila Financial Services Credit Manager salaries in Chennai (Updated 2025)

Companies similar to HDFC Credila Financial Services for Credit Manager in Chennai

Latest annual salaries shared by HDFC Credila Financial Services Credit Manager in Chennai

Experience wise HDFC Credila Financial Services Credit Manager salaries in Chennai

Similar Designation salaries in HDFC Credila Financial Services

Top skills at HDFC Credila Financial Services for Credit Manager

Salary related reviews for HDFC Credila Financial Services

Sales Executive in New Delhi

Assistant Branch Operations Manager in Bangalore / Bengaluru

Sales Executive in Chennai

Relationship Officer in Pune

Cashier in Bhopal

HDFC Credila Financial Services Credit Manager Salary FAQs

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