HDFC Sales Credit Manager Salaries by 20+ Employees (Updated 2024)

3 - 11 years exp.

₹3 Lakhs - ₹8.7 Lakhs

Salary of majority employees

27% less than the average Credit Manager Salary in Financial Services Companies for 3 - 11 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 4 - 7 years exp. (4 salaries)	₹4.9 L/yr - ₹6 L/yr
BFSI, Investments & Trading Credit Manager Salary 5 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹8.7 L/yr
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Customer Success, Service & Operations Credit Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5.3 L/yr
Product Management Credit Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.4 L/yr
Risk Management & Compliance Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.6 L/yr

Last Updated: 29 Nov 2024

Companies similar to HDFC Sales for Credit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Credit Manager Salary 0 - 2 years exp. (4 salaries)	₹6.7 L/yr - ₹15.5 L/yr 85% more
Motilal Oswal Financial Services Credit Manager Salary 1 - 13 years exp. (4 salaries)	₹3.5 L/yr - ₹6.5 L/yr 7% less
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Edelweiss Credit Manager Salary 0 - 8 years exp. (153 salaries)	₹2.7 L/yr - ₹12 L/yr 19% more
Sharekhan Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹8.3 L/yr 9% less
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (390 salaries)	₹2.5 L/yr - ₹8.5 L/yr At par
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (171 salaries)	₹4 L/yr - ₹13 L/yr 30% more
Cholamandalam Investment & Finance Credit Manager Salary 2 - 12 years exp. (148 salaries)	₹2.4 L/yr - ₹10.3 L/yr 1% less
HSBC Group Credit Manager Salary 0 - 6 years exp. (20 salaries)	₹4.6 L/yr - ₹15.5 L/yr 82% more
Citicorp Credit Manager Salary 5 - 14 years exp. (6 salaries)	₹9.3 L/yr - ₹13.8 L/yr 104% more
Citigroup Credit Manager Salary 8 - 10 years exp. (5 salaries)	₹8.8 L/yr - ₹13 L/yr 80% more
American Express Credit Manager Salary 4 - 13 years exp. (4 salaries)	₹15.7 L/yr - ₹35 L/yr 318% more
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Wells Fargo Credit Manager Salary 2 - 11 years exp. (4 salaries)	₹7.7 L/yr - ₹25 L/yr 221% more
JPMorgan Chase & Co. Credit Manager Salary 3 years exp. (3 salaries)	₹15 L/yr - ₹27 L/yr 282% more

Credit Manager salary at HDFC Sales ranges between ₹3 Lakhs to ₹8.7 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 21 latest salaries received from various employees of HDFC Sales.

Experience wise HDFC Sales Credit Manager salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr
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5 years (4 salaries)	₹3.5 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.7 L/yr
7 years (5 salaries)	₹4 L/yr - ₹6.1 L/yr
8 years (3 salaries)	₹4.2 L/yr - ₹8.7 L/yr
9 years (3 salaries)	₹6 L/yr - ₹8.7 L/yr
10 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.6 L/yr
11 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.5 L/yr

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Similar Designation salaries in HDFC Sales

Credit Officer Salary

(220 salaries)

₹1.6 L/yr - ₹5.2 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Branch Manager Salary

(4 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Deputy Manager Salary

(375 salaries)

₹2.2 L/yr - ₹9.5 L/yr

Credit Analyst Salary

(42 salaries)

₹2 L/yr - ₹6 L/yr

Sales Manager Salary

(34 salaries)

₹2.22 L/yr - ₹7.2 L/yr

Branch Credit Manager Salary

(3 salaries)

₹5 L/yr - ₹6.1 L/yr

Deputy Credit Manager Salary

(5 salaries)

₹3 L/yr - ₹5.5 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Credit Executive Salary

(14 salaries)

₹1 L/yr - ₹3.6 L/yr

Top skills at HDFC Sales for Credit Manager

Credit Appraisal Home Loans Credit Risk Credit Underwriting Lap Mortgage Loans Documentation Ratio Analysis Personal Loans Credit Analysis KYC Business Loan Disbursement Cash Flow Credit Management

Salary related reviews for HDFC Sales

3.9

Rated by 8 employees for salary & benefits

Credit Manager in Kolkata

Finance & Accounting Department

4.0

• posted on 27 Dec 2018

3.0

for Salary and Benefits

Likes

Its a good company, takes careof its employees. The work culture is good.

Dislikes

...t of changes recently and hence somewhere the work culture is being compromised. The compensation also needs to be looked at.

Relationship Manager in Agra

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Its a great place to work with the perfect balance of work and personal life. Company culture is so different to the others is a positive way. Learning and development programmes are very good to improve your skills and knowledge to grow in this sector.

Dislikes

salary and benefits are so low in this company and the promotions activity also not good.

Sales Officer in Eluru

Full Time

Sales & Business Development Department

3.0

• posted on 13 May 2024

1.0

for Salary and Benefits

Likes

Low work pressure comparing to other NBFCs, Salary on time

Dislikes

BSA payouts very late, very low perks and benifits, company having only one computer to the entire branch. This company works for HDFC bank and bank employees don't respect the employees of hdfc sales company.

Sales Officer in Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 29 Sep 2023

5.0

for Salary and Benefits

Likes

You'll get a great learning, great team to work with. Salary on time.

Dislikes

Daily stretching, extraordinary pressure, you won't have any rights to take break, you suppose to be with like a machine, can't even talk to your colleagues.

Sales Officer in Mumbai

Full Time

Other Department

5.0

• posted on 23 Jun 2023

5.0

for Salary and Benefits

Likes

Work culture is good. Salary is good. Got appraisal every year

Dislikes

People are not good. But that is everywhere. You need to work hard and fast if you want to get appreciated here so no in-between breaks here.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Sales Credit Manager Salary FAQs

What is the salary of Credit Manager at HDFC Sales?

Credit Manager salary at HDFC Sales in India ranges between ₹3.0 Lakhs to ₹8.7 Lakhs for experience between 3 years to 11 years. According to our estimates it is 27% less than the average Credit Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of HDFC Sales India.

How does the salary of a Credit Manager at HDFC Sales India compare with the average salary range for this job?

The average salary of a Credit Manager at HDFC Sales is 27% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at HDFC Sales?

Credit Appraisal, Home Loans, Credit Risk, Credit Underwriting and Lap are some of the popular skills required to work as a Credit Manager at HDFC Sales India.

Which similar companies are paying more than HDFC Sales to a Credit Manager in India?

American Express Credit Manager Salary - ₹15.7 Lakhs to ₹35.0 Lakhs per year
JPMorgan Chase & Co. Credit Manager Salary - ₹15.0 Lakhs to ₹27.0 Lakhs per year
Wells Fargo Credit Manager Salary - ₹7.7 Lakhs to ₹25.0 Lakhs per year
Citicorp Credit Manager Salary - ₹9.3 Lakhs to ₹13.8 Lakhs per year
ICICI Securities Credit Manager Salary - ₹6.7 Lakhs to ₹15.5 Lakhs per year

What is the salary of a Credit Manager in companies similar to HDFC Sales in India?

HSBC Group Credit Manager Salary - ₹4.6 Lakhs to ₹15.5 Lakhs per year
Citigroup Credit Manager Salary - ₹8.8 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Capital Credit Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Edelweiss Credit Manager Salary - ₹2.7 Lakhs to ₹12.0 Lakhs per year
Bajaj Finserv Credit Manager Salary - ₹2.5 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Credit Manager at HDFC Sales in India?

The estimated take-home salary of a Credit Manager at HDFC Sales ranges between ₹42,652 per month to ₹43,777 per month in India. The take-home salary calculation is based on the average HDFC Sales Credit Manager salary in India which ranges between ₹3.0 Lakhs to ₹8.7 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at HDFC Sales?

According to AmbitionBox, 47% of the HDFC Sales Credit Managers reported a notice period of 1 Month, 42% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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HDFC Sales Credit Manager Salaries

HDFC Sales Credit Manager salary in India ranges between ₹3 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 HDFC Sales latest salaries received from various employees of HDFC Sales.