Hero FinCorp Credit Manager Salaries by 10+ Employees (Updated 2025)

2 - 12 years exp.

₹5 Lakhs - ₹11.6 Lakhs

Salary of majority employees

5% more than the average Credit Manager Salary in NBFC Companies for 2 - 12 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 3 - 12 years exp. (5 salaries)	₹5 L/yr - ₹7.2 L/yr
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BFSI, Investments & Trading Credit Manager Salary 6 - 7 years exp. (3 salaries)	₹5 L/yr - ₹11.6 L/yr

Last Updated: 16 Feb 2025

Companies similar to Hero FinCorp for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (211 salaries)	₹2.8 L/yr - ₹8.7 L/yr 27% less	4 job openings
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.1 L/yr 3% more	4 job openings
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Tata Capital Credit Manager Salary 0 - 11 years exp. (448 salaries)	₹3.6 L/yr - ₹12.5 L/yr 3% less	7 job openings
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (90 salaries)	₹2.3 L/yr - ₹12.1 L/yr 14% less
Reliance Capital Credit Manager Salary 0 - 13 years exp. (7 salaries)	₹6 L/yr - ₹8.4 L/yr 10% less
Aditya Birla Finance Credit Manager Salary 1 - 9 years exp. (303 salaries)	₹3 L/yr - ₹12.6 L/yr 11% less
L&T Finance Credit Manager Salary 1 - 9 years exp. (87 salaries)	₹3.2 L/yr - ₹13.1 L/yr 1% less
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (119 salaries)	₹3.9 L/yr - ₹12 L/yr 2% less
Shriram Finance Credit Manager Salary 0 - 12 years exp. (139 salaries)	₹1.8 L/yr - ₹10.4 L/yr 32% less	2 job openings
Tata Capital Housing Finance Credit Manager Salary 3 - 12 years exp. (185 salaries)	₹4 L/yr - ₹13.5 L/yr 5% less
Vistaar Finance Credit Manager Salary 0 - 10 years exp. (177 salaries)	₹3.5 L/yr - ₹8 L/yr 32% less
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Shubham Housing Development Finance Credit Manager Salary 2 - 9 years exp. (159 salaries)	₹2.1 L/yr - ₹5.5 L/yr 50% less
Ugro Capital Credit Manager Salary 4 - 10 years exp. (143 salaries)	₹3.2 L/yr - ₹11.2 L/yr 22% less
Bajaj Housing Finance Credit Manager Salary 0 - 6 years exp. (143 salaries)	₹2 L/yr - ₹7.8 L/yr 40% less
India Shelter Finance Corporation Credit Manager Salary 1 - 8 years exp. (92 salaries)	₹2.9 L/yr - ₹6.5 L/yr 45% less
PNB Housing Finance Credit Manager Salary 0 - 14 years exp. (93 salaries)	₹4.9 L/yr - ₹16 L/yr 9% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (81 salaries)	₹3 L/yr - ₹9 L/yr 37% less
InCred Finance Credit Manager Salary 2 - 9 years exp. (69 salaries)	₹3 L/yr - ₹10.9 L/yr 10% less
Electronica Finance Credit Manager Salary 3 - 10 years exp. (49 salaries)	₹2.5 L/yr - ₹10.1 L/yr 34% less	2 job openings
Hinduja Leyland Finance Credit Manager Salary 3 - 19 years exp. (40 salaries)	₹3.2 L/yr - ₹13 L/yr 3% less

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Credit Manager salary at Hero FinCorp ranges between ₹5 Lakhs to ₹11.6 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 16 latest salaries received from various employees of Hero FinCorp.

Experience wise Hero FinCorp Credit Manager salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10.8 L/yr
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹9 L/yr
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4 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.9 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹14.9 L/yr
6 years (6 salaries)	₹5 L/yr - ₹11.6 L/yr
7 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹14.8 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.6 L/yr
11 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹14.5 L/yr

View all

Similar Designation salaries in Hero FinCorp

Credit Officer Salary

(15 salaries)

₹2.15 L/yr - ₹5 L/yr

Area Credit Manager Salary

(127 salaries)

₹7.25 L/yr - ₹21.11 L/yr

Branch Manager Salary

(3 salaries)

₹3.2 L/yr - ₹14 L/yr

Deputy Manager Salary

(26 salaries)

₹5.95 L/yr - ₹12 L/yr

Credit Analyst Salary

(152 salaries)

₹2.7 L/yr - ₹6.4 L/yr

Zonal Credit Manager Salary

(7 salaries)

₹6.12 L/yr - ₹29 L/yr

Sales Manager Salary

(160 salaries)

₹3.2 L/yr - ₹11.1 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹5 L/yr - ₹20.3 L/yr

Regional Credit Manager Salary

(7 salaries)

₹19.35 L/yr - ₹37 L/yr

Salary related reviews for Hero FinCorp

4.0

Rated by 4 employees for salary & benefits

Sales Manager in Nanded

Full Time

Sales & Business Development Department

3.0

• posted on 20 Oct 2022

4.0

for Salary and Benefits

Likes

I have worked in Hero as Sales manager for 3year. overall work culture is good also good satisfaction and seniors also supporting but lack of knowledge of backhand team likely credit and IT team.It should be improve this because business would be stuck due to those lack of support

Salary - Good

+2 more

Dislikes

Appraisal happening but promotion doesn't happening only happend a designation change letter but salary none of the hike.Poor IT team incentive also poor for onroll employee.

Job security - Poor

+1 more

Area Credit Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 22 Oct 2021

1.0

for Salary and Benefits

Likes

Nothing comes to my mind

Dislikes

...uing. No work life balance if you join thia company than forget you have family. Compensation is also terrible with respect to work. No respect for your work

Salary - Bad

+6 more

Credit Analyst in Mohan Estate - Delhi

Full Time

Other Department

1.0

• posted on 28 May 2023

5.0

for Salary and Benefits

Likes

Overall salary structure and Benefits are Good.

Salary - Excellent

Dislikes

A person named Gorender Singh Panghal (UBL- Lead) is playing very bad politics with his own analyst team. Also he is not able to do any good thing for his team. He is just making excuses instead of efforts... Also UBL ACM Shivani Kathuriya is very bad personality.... She even don't know that how to prepare the CAM and how to recommend the same.... She don't have any knowledge....

Skill development - Bad

+4 more

Sales Officer in New Delhi

Sales & Business Development Department

5.0

• posted on 29 Oct 2018

5.0

for Salary and Benefits

Likes

My first like salary HFCL our employees salary give to to time and all facilities provide on time all reuirment as like laptop , stationary , canvence , incentive etc .

Salary - Excellent

+4 more

Dislikes

No any single problem in this company because I have self working now 8n this company

Lead in Gurgaon / Gurugram

Full Time

Other Department

2.0

• posted on 10 Aug 2024

3.0

for Salary and Benefits

Likes

...balance is average, not that great but at par with a mature Indian organization. The pay scale is above average as compared to banking organization. If one doesn't provide inputs and do as is told, can increase chances of raise and 100% bonus, even if work is not upto the mark.

Dislikes

Culture is pathetic. There is still traditional thinking of supreme authority and 'I know it all' attitude. One a few members of the management call the shots for whole company and rest management members are mere spectators. Personal grudges between management leads to lot of resources, money and effort wastage. It would be years before the

Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Hero FinCorp Credit Manager Salary FAQs

What is the salary of Credit Manager at Hero FinCorp?

Credit Manager salary at Hero FinCorp in India ranges between ₹5.0 Lakhs to ₹11.6 Lakhs for experience between 2 years to 12 years. According to our estimates it is 5% more than the average Credit Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Hero FinCorp India.

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

The average salary of a Credit Manager at Hero FinCorp is 5% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Hero FinCorp to a Credit Manager in India?

LIC Housing Finance Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
BA Continuum Credit Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹4.9 Lakhs to ₹16.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.1 Lakhs per year

What is the salary of a Credit Manager in companies similar to Hero FinCorp in India?

L&T Finance Credit Manager Salary - ₹3.2 Lakhs to ₹13.1 Lakhs per year
Kotak Mahindra Prime Credit Manager Salary - ₹3.9 Lakhs to ₹12.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹3.6 Lakhs to ₹12.5 Lakhs per year
Hinduja Leyland Finance Credit Manager Salary - ₹3.2 Lakhs to ₹13.0 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹4.0 Lakhs to ₹13.5 Lakhs per year

What is the estimated take home salary of a Credit Manager at Hero FinCorp in India?

The estimated take-home salary of a Credit Manager at Hero FinCorp ranges between ₹60,358 per month to ₹61,885 per month in India. The take-home salary calculation is based on the average Hero FinCorp Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹11.6 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Hero FinCorp?

According to AmbitionBox, 67% of the Hero FinCorp Credit Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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Hero FinCorp Credit Manager Salaries

Hero FinCorp Credit Manager salary in India ranges between ₹5 Lakhs to ₹11.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Hero FinCorp latest salaries received from various employees of Hero FinCorp.