IDFC FIRST Bank Surat Cluster Credit Manager Salaries by 4 Employees

9 - 12 years exp.

₹10.6 Lakhs - ₹14.2 Lakhs

Salary of majority employees

24% more than the average Cluster Credit Manager Salary in Banking Companies for 9 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 9 - 11 years exp. (3 salaries)	₹10.6 L/yr - ₹13.9 L/yr
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Risk Management & Compliance Cluster Credit Manager Salary 12 years exp. (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.2 L/yr

Last Updated: 6 Nov 2024

Companies similar to IDFC FIRST Bank for Cluster Credit Manager in Surat

IDFC FIRST Bank Cluster Credit Manager Salary

9 - 12 years exp. (4 salaries)

₹10.6 L/yr - ₹14.2 L/yr

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank Cluster Credit Manager Salary 8 - 12 years exp. (11 salaries)	₹11.3 L/yr - ₹18.5 L/yr 22% more
Vistaar Finance Cluster Credit Manager Salary 6 - 10 years exp. (3 salaries)	₹8.4 L/yr - ₹10.7 L/yr 17% less
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Capri Global Capital Cluster Credit Manager Salary 14 - 16 years exp. (3 salaries)	₹12.5 L/yr - ₹13.4 L/yr 3% more
Hinduja Housing Finance Cluster Credit Manager Salary 1 - 5 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr 54% less	3 job openings

Cluster Credit Manager salary at IDFC FIRST Bank ranges between ₹10.6 Lakhs to ₹14.2 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Cluster Credit Manager salaries in Surat

Last Updated: 6 Nov 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
10 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
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11 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.4 L/yr

Similar Designation salaries in IDFC FIRST Bank

Credit Manager Salary

(24 salaries)

₹3.5 L/yr - ₹13 L/yr

Regional Credit Manager Salary

(3 salaries)

₹19.5 L/yr - ₹26 L/yr

Area Credit Manager Salary

(3 salaries)

₹12.5 L/yr - ₹14.45 L/yr

Top skills at IDFC FIRST Bank for Cluster Credit Manager

Monitoring Portfolio Management Strategic Planning Operations Front End Credit Underwriting Analytics Banking Customer Service Retail Banking Business operations Credit Appraisal Legal Business Banking Auditing

Salary related reviews for IDFC FIRST Bank

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Salary - Excellent

+1 more

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Skill development - Bad

+4 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

Relationship Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Currently, the pay they are offering is good

Dislikes

...e a fancy job discription and in relaity, the job we do is completely different. They harras employees and even after resigning, they harrass for due payment.

Salary - Poor

+5 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 May 2023

3.0

for Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

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Shifting from Bangalore to Hyderabad

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IDFC FIRST Bank Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at IDFC FIRST Bank in Surat?

The average salary of a Cluster Credit Manager at IDFC FIRST Bank in Surat typically ranges from ₹10.6 Lakhs to ₹14.2 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of Cluster Credit Manager in Surat at IDFC FIRST Bank earn more than ₹14.2 Lakhs per year, and the top 1% earn over ₹14.2 Lakhs per year. Cluster Credit Manager Salaries at IDFC FIRST Bank 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 IDFC FIRST Bank employees in India.

What is the estimated take home salary of a Cluster Credit Manager at IDFC FIRST Bank in Surat?

The estimated take-home salary of a Cluster Credit Manager at IDFC FIRST Bank in Surat typically ranges from ₹88,505 to ₹90,828 per month. This is based on the average salary range of ₹10.6 Lakhs to ₹14.2 Lakhs per year for employees with experience ranging from 9 years to 12 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 IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Credit Manager at IDFC FIRST Bank in Surat?

To be a Cluster Credit Manager at IDFC FIRST Bank in Surat, the key skills required include:

- Monitoring
- Portfolio Management
- Strategic Planning
- Operations
- Front End

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IDFC FIRST Bank for Cluster Credit Manager in India?

AU Small Finance Bank	₹11.3 Lakhs to ₹18.5 Lakhs per year
Capri Global Capital	₹12.5 Lakhs to ₹13.4 Lakhs per year

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

What is the salary of a Cluster Credit Manager in companies similar to IDFC FIRST Bank in Surat?

The salary of a Cluster Credit Manager at companies similar to IDFC FIRST Bank in Surat varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Vistaar Finance	₹8.4 Lakhs to ₹10.7 Lakhs per year
Hinduja Housing Finance	₹4.0 Lakhs to ₹6.0 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 Cluster Credit Manager at IDFC FIRST Bank in Surat?

The salary growth for a Cluster Credit Manager at IDFC FIRST Bank in Surat depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager in Surat can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
9 years	₹10.9 Lakhs to ₹13.9 Lakhs per year
10 years	₹11.2 Lakhs to ₹14.3 Lakhs per year
11 years	₹11.6 Lakhs to ₹14.8 Lakhs per year
12 years	₹12.0 Lakhs to ₹15.4 Lakhs per year

and so on.

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IDFC FIRST Bank Cluster Credit Manager Salaries in Surat

IDFC FIRST Bank Cluster Credit Manager salary in Surat ranges between ₹10.6 Lakhs to ₹14.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.