HDFC Credila Financial Services Mumbai Credit Manager Salaries by 10 Employees

3 - 8 years exp.

₹8 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% 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

Finance & Accounting Credit Manager Salary 3 years exp. (4 salaries)	₹8 L/yr - ₹10 L/yr
BFSI, Investments & Trading Credit Manager Salary 4 - 8 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹9.8 L/yr
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Risk Management & Compliance Credit Manager Salary 3 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹10.6 L/yr

Last Updated: 14 Oct 2024

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

HDFC Credila Financial Services Credit Manager Salary

3 - 8 years exp. (10 salaries)

₹8 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
SMEcorner Credit Manager Salary 1 - 8 years exp. (11 salaries)	₹3 L/yr - ₹8 L/yr 45% less
Home First Finance Company India Credit Manager Salary 1 - 6 years exp. (11 salaries)	₹7.9 L/yr - ₹16 L/yr 16% more
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ICICI Bank Credit Manager Salary 0 - 12 years exp. (562 salaries)	₹4 L/yr - ₹17.4 L/yr 2% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (456 salaries)	₹4 L/yr - ₹15 L/yr 4% less	13 job openings
Kotak Mahindra Bank Credit Manager Salary 0 - 10 years exp. (229 salaries)	₹3.7 L/yr - ₹13 L/yr 13% less

Credit Manager salary at HDFC Credila Financial Services ranges between ₹8 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Credila Financial Services.

Experience wise HDFC Credila Financial Services Credit Manager salaries in Mumbai

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
3 years (6 salaries)	₹8 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
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5 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
6 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
8 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr

View all

Similar Designation salaries in HDFC Credila Financial Services

Sales Manager Salary

(4 salaries)

₹6.15 L/yr - ₹11 L/yr

Area Credit Manager Salary

(3 salaries)

₹17.15 L/yr - ₹25 L/yr

Deputy Manager Salary

(3 salaries)

₹7.1 L/yr - ₹12 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

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

see more salary related reviews

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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 Mumbai?

The average salary of a Credit Manager at HDFC Credila Financial Services in Mumbai typically ranges from ₹8.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 3 years to 8 years).

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

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

The estimated take-home salary of a Credit Manager at HDFC Credila Financial Services in Mumbai typically ranges from ₹70,469 to ₹72,282 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹10.0 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 10 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 Mumbai?

To be a Credit Manager at HDFC Credila Financial Services in Mumbai, 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?

Home First Finance Company India	₹7.9 Lakhs to ₹16.0 Lakhs per year
ICICI Bank	₹4.0 Lakhs to ₹17.4 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 Mumbai?

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

HDFC Bank	₹4.0 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank	₹3.7 Lakhs to ₹13.0 Lakhs per year
SMEcorner	₹3.0 Lakhs to ₹8.0 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 Mumbai?

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

Experience	Average Salary Range
3 years	₹8.0 Lakhs to ₹10.0 Lakhs per year
4 years	₹8.5 Lakhs to ₹10.9 Lakhs per year
5 years	₹8.7 Lakhs to ₹11.1 Lakhs per year
6 years	₹8.9 Lakhs to ₹11.3 Lakhs per year

and so on.

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HDFC Credila Financial Services Credit Manager Salaries in Mumbai

HDFC Credila Financial Services Credit Manager salary in Mumbai ranges between ₹8 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HDFC Credila Financial Services latest salaries received from various employees of HDFC Credila Financial Services.