HDFC Sales Credit Manager Salaries by 20+ Employees

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 3 - 7 years exp. (6 salaries)	₹4.9 L/yr - ₹7.5 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 - ₹4.7 L/yr
Risk Management & Compliance Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr

Last Updated: 31 Dec 2024

Companies similar to HDFC Sales for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Credit Manager Salary 0 - 13 years exp. (5 salaries)	₹5.1 L/yr - ₹6.5 L/yr At par
Edelweiss Credit Manager Salary 0 - 8 years exp. (146 salaries)	₹2.7 L/yr - ₹12 L/yr 20% more
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Sharekhan Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹8.3 L/yr 10% less
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (383 salaries)	₹2.5 L/yr - ₹8.5 L/yr 5% more
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (161 salaries)	₹4 L/yr - ₹10.8 L/yr 33% more
Cholamandalam Investment & Finance Credit Manager Salary 2 - 12 years exp. (149 salaries)	₹2 L/yr - ₹9.9 L/yr 2% more
IDFC FIRST Bharat Credit Manager Salary 3 - 10 years exp. (68 salaries)	₹3.5 L/yr - ₹8.3 L/yr 10% less
Citicorp Credit Manager Salary 5 - 14 years exp. (36 salaries)	₹6.8 L/yr - ₹27.9 L/yr 187% more
HSBC Group Credit Manager Salary 1 - 10 years exp. (24 salaries)	₹4.6 L/yr - ₹17.6 L/yr 94% more
Wells Fargo Credit Manager Salary 2 - 11 years exp. (5 salaries)	₹7.7 L/yr - ₹25 L/yr 211% more
American Express Credit Manager Salary 4 - 13 years exp. (4 salaries)	₹15.7 L/yr - ₹35 L/yr 314% more
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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 23 latest salaries received from various employees of HDFC Sales.

Experience wise HDFC Sales Credit Manager salaries

Last Updated: 31 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7.5 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 - ₹9.9 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)	₹2.5 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in HDFC Sales

Credit Officer Salary

(207 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

(376 salaries)

₹2.2 L/yr - ₹9.99 L/yr

Credit Analyst Salary

(43 salaries)

₹2 L/yr - ₹6 L/yr

Sales Manager Salary

(45 salaries)

₹2.15 L/yr - ₹8.5 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

(13 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

3.8

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.

Skill development - Excellent

+4 more

Dislikes

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

Promotions - Poor

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.

Skill development - Excellent

+4 more

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

Company culture - Good

+1 more

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.

Salary - Bad

+2 more

Deputy Manager in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

- Timely salary - Incentives are very good

Skill development - Good

Dislikes

- They offer low salary - Unnecessary cross sell products - Management doesn't allow to work in your own style..they just force you to do how they want specially in kandivali branch

Job security - Bad

+3 more

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.

Salary - Excellent

+2 more

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.

Promotions - Poor

+1 more

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Salary Discussions, Hike & Promotions

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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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 23 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
Wells Fargo Credit Manager Salary - ₹7.7 Lakhs to ₹25.0 Lakhs per year
Citicorp Credit Manager Salary - ₹6.8 Lakhs to ₹27.9 Lakhs per year
HSBC Group Credit Manager Salary - ₹4.6 Lakhs to ₹17.6 Lakhs per year
Aditya Birla Capital Credit Manager Salary - ₹4.0 Lakhs to ₹10.8 Lakhs per year

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

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
Cholamandalam Investment & Finance Credit Manager Salary - ₹2.0 Lakhs to ₹9.9 Lakhs per year
Motilal Oswal Financial Services Credit Manager Salary - ₹5.1 Lakhs to ₹6.5 Lakhs per year
Sharekhan Credit Manager Salary - ₹4.0 Lakhs to ₹8.3 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 ₹43,045 per month to ₹44,164 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, 45% of the HDFC Sales Credit Managers reported a notice period of 1 Month, 45% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 20 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 23 HDFC Sales latest salaries received from various employees of HDFC Sales.