HDFC Sales Chandigarh Credit Manager Salaries by 4 Employees

7 - 9 years exp.

₹4.2 Lakhs - ₹8.7 Lakhs

Salary of majority employees

16% less than the average Credit Manager Salary in Financial Services Companies for 7 - 9 years of experience

Interested in this particular role?

Last Updated: 3 Sep 2024

Companies similar to HDFC Sales for Credit Manager in Chandigarh

HDFC Sales Credit Manager Salary

7 - 9 years exp. (4 salaries)

₹4.2 L/yr - ₹8.7 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Credit Manager Salary 4 - 10 years exp. (6 salaries)	₹7.1 L/yr - ₹11 L/yr 33% more	9 job openings
Kotak Mahindra Prime Credit Manager Salary 1 - 6 years exp. (6 salaries)	₹4 L/yr - ₹10.3 L/yr 36% more
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State Bank of India Credit Manager Salary 6 - 13 years exp. (6 salaries)	₹10 L/yr - ₹24 L/yr 219% more
DCB Bank Credit Manager Salary 3 - 7 years exp. (5 salaries)	₹6.5 L/yr - ₹7.8 L/yr 20% more
Ugro Capital Credit Manager Salary 8 - 10 years exp. (5 salaries)	₹5.3 L/yr - ₹6.7 L/yr 6% more

Credit Manager salary at HDFC Sales ranges between ₹4.2 Lakhs to ₹8.7 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Sales.

Experience wise HDFC Sales Credit Manager salaries in Chandigarh

Last Updated: 3 Sep 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr

Similar Designation salaries in HDFC Sales

Credit Officer Salary

(6 salaries)

₹2.25 L/yr - ₹3.82 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

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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HDFC Sales Credit Manager Salary FAQs

What is the salary of Credit Manager at HDFC Sales in Chandigarh?

The average salary of a Credit Manager at HDFC Sales in Chandigarh typically ranges from ₹4.2 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 7 years to 9 years).

The top 10% of Credit Manager in Chandigarh at HDFC Sales earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹8.7 Lakhs per year. Credit Manager Salaries at HDFC Sales 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 HDFC Sales employees in India.

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

The estimated take-home salary of a Credit Manager at HDFC Sales in Chandigarh typically ranges from ₹45,811 to ₹46,898 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹8.7 Lakhs per year for employees with experience ranging from 7 years to 9 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 HDFC Sales. 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 Sales in Chandigarh?

To be a Credit Manager at HDFC Sales in Chandigarh, the key skills required include:

- Credit Appraisal
- Home Loans
- Credit Risk
- Credit Underwriting
- Lap

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

Which companies offer higher salaries than HDFC Sales for Credit Manager in India?

State Bank of India	₹10.0 Lakhs to ₹24.0 Lakhs per year
Kotak Mahindra Prime	₹4.0 Lakhs to ₹10.3 Lakhs per year
IndusInd Bank	₹7.1 Lakhs to ₹11.0 Lakhs per year
DCB Bank	₹6.5 Lakhs to ₹7.8 Lakhs per year
Ugro Capital	₹5.3 Lakhs to ₹6.7 Lakhs per year

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

How the salary growth look like for a Credit Manager at HDFC Sales in Chandigarh?

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

Experience	Average Salary Range
7 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
8 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
9 years	₹5.7 Lakhs to ₹7.3 Lakhs per year

and so on.

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HDFC Sales Credit Manager Salaries in Chandigarh

HDFC Sales Credit Manager salary in Chandigarh ranges between ₹4.2 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Sales latest salaries received from various employees of HDFC Sales.