IDFC FIRST Bharat Cluster Credit Manager Salaries by 80+ Employees (Updated 2025)

6 - 15 years exp.

₹5.4 Lakhs - ₹11.7 Lakhs

Salary of majority employees

9% less than the average Cluster Credit Manager Salary in Financial Services Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 6 - 13 years exp. (31 salaries)	₹5.5 L/yr - ₹11.2 L/yr
Risk Management & Compliance Cluster Credit Manager Salary 6 - 15 years exp. (26 salaries)	₹6.5 L/yr - ₹11.7 L/yr
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Finance & Accounting Cluster Credit Manager Salary 7 - 15 years exp. (15 salaries)	₹5.4 L/yr - ₹10.7 L/yr
Customer Success, Service & Operations Cluster Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹7.7 L/yr - ₹9.8 L/yr
Quality Assurance Cluster Credit Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.6 L/yr

Last Updated: 14 Jan 2025

Companies similar to IDFC FIRST Bharat for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (17 salaries)	₹12.3 L/yr - ₹19.8 L/yr 75% more
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 29% less
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Kotak Mahindra Bank Cluster Credit Manager Salary 2 - 13 years exp. (4 salaries)	₹7 L/yr - ₹13.5 L/yr 13% more
Axis Bank Cluster Credit Manager Salary 4 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹12 L/yr 23% less
Tata Capital Cluster Credit Manager Salary 4 - 21 years exp. (6 salaries)	₹10.7 L/yr - ₹17 L/yr 54% more
Piramal Capital Housing Finance Cluster Credit Manager Salary 6 - 20 years exp. (78 salaries)	₹7.7 L/yr - ₹19.7 L/yr 60% more
SMFG India Credit Cluster Credit Manager Salary 7 - 13 years exp. (55 salaries)	₹4.6 L/yr - ₹18.5 L/yr 18% more
IIFL SAMASTA Cluster Credit Manager Salary 6 - 13 years exp. (48 salaries)	₹5.5 L/yr - ₹13.3 L/yr 4% less
HDB Financial Services Cluster Credit Manager Salary 13 - 20 years exp. (40 salaries)	₹11.9 L/yr - ₹24 L/yr 105% more
Annapurna Finance Cluster Credit Manager Salary 4 - 17 years exp. (30 salaries)	₹4.5 L/yr - ₹15.5 L/yr 5% less
Manappuram Finance Cluster Credit Manager Salary 6 - 14 years exp. (8 salaries)	₹5 L/yr - ₹7.9 L/yr 30% less
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Muthoot Fincorp Cluster Credit Manager Salary 8 - 15 years exp. (4 salaries)	₹10 L/yr - ₹13 L/yr 23% more
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 4% less
IIFL Finance Cluster Credit Manager Salary 4 - 12 years exp. (4 salaries)	₹6 L/yr - ₹8.2 L/yr 26% less
Satin Creditcare Network Cluster Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr 27% less
Bharat Financial Inclusion Cluster Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.9 L/yr 46% less

Cluster Credit Manager salary at IDFC FIRST Bharat ranges between ₹5.4 Lakhs to ₹11.7 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 86 latest salaries received from various employees of IDFC FIRST Bharat .

Experience wise IDFC FIRST Bharat Cluster Credit Manager salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
6 years (6 salaries)	₹6.6 L/yr - ₹8.8 L/yr
7 years (11 salaries)	₹5.5 L/yr - ₹9.1 L/yr
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8 years (16 salaries)	₹5.9 L/yr - ₹11.2 L/yr
9 years (13 salaries)	₹5.4 L/yr - ₹10.1 L/yr
10 years (13 salaries)	₹5.6 L/yr - ₹10.8 L/yr
11 years (9 salaries)	₹7.9 L/yr - ₹11.7 L/yr
12 years (4 salaries)	₹7 L/yr - ₹16.9 L/yr
13 years (6 salaries)	₹6.5 L/yr - ₹9.5 L/yr
14 years (4 salaries)	₹7.3 L/yr - ₹17.3 L/yr
15+ years (4 salaries)	₹8.3 L/yr - ₹10.7 L/yr

View all

Similar Designation salaries in IDFC FIRST Bharat

Area Credit Manager Salary

(6 salaries)

₹4.4 L/yr - ₹7.2 L/yr

Deputy Credit Manager Salary

(6 salaries)

₹3.75 L/yr - ₹4.55 L/yr

Branch Credit Manager Salary

(254 salaries)

₹3.05 L/yr - ₹7 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Assistant Credit Manager Salary

(4 salaries)

₹3.2 L/yr - ₹4.87 L/yr

Regional Credit Manager Salary

(4 salaries)

₹11.05 L/yr - ₹15.47 L/yr

Credit Manager Salary

(68 salaries)

₹3.48 L/yr - ₹8.33 L/yr

Relationship Manager Salary

(145 salaries)

₹1.65 L/yr - ₹6.2 L/yr

Chief Manager Salary

(30 salaries)

₹7.45 L/yr - ₹19.74 L/yr

Credit Officer Salary

(5 salaries)

₹1.7 L/yr - ₹3.72 L/yr

Top skills at IDFC FIRST Bharat for Cluster Credit Manager

Credit Management Payroll Legal Compliance Credit Cards Strategic Planning Automation Competitor Analysis Compliance Underwriting Operations Sales Monitoring Front End Compliance Customer Acquisition

Salary related reviews for IDFC FIRST Bharat

4.2

Rated by 6 employees for salary & benefits

Relationship Manager in Madurai

Full Time

Finance & Accounting Department

5.0

• posted on 15 Dec 2023

5.0

for Salary and Benefits

Likes

Salary is good as comparing other companys. Incentive benefits and conveyance benefits. Doms is provided by company. 2nd&4th saturday holidays.

Salary - Excellent

+6 more

Dislikes

GRM working hours is high(6.00am to 8:30pm) 14 hrs 30 mins working time.

Branch Credit Manager in Valappadi

Full Time

Risk Management & Compliance Department

4.0

• posted on 29 Nov 2023

3.0

for Salary and Benefits

Likes

Salary every month credited in month end no delayed . Business team side given lot of promotion oppertunity. Yearly once given abroad travelling complimentary for JFM. Employee afternoon lunch provided is good .

Skill development - Good

+3 more

Dislikes

Morning office time for 8:30 AM.

Relationship Manager in Ramanathapuram

Full Time

Sales & Business Development Department

3.0

• posted on 29 Nov 2023

2.0

for Salary and Benefits

Likes

Every month conduct month end celebration is so good, it's motivated to work.

Dislikes

Employee salary is low , and benefits is not satisfied. Promotion is taken by politics, it's not giving to best employees. So it's weast , so please don't recommend in this company

Salary - Poor

+5 more

Branch Credit Manager in Thiruvananthapuram

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 06 Jun 2023

4.0

for Salary and Benefits

Likes

On time salary, yearly increment, banking holidays.

Salary - Good

+2 more

Dislikes

Full of politics, supersivors don't have good knowledge. You should have a Godfather for appraisal and promotions. Office politics and gossips matters. Bad work culture.

Skill development - Poor

+2 more

Relationship Manager in Vaiyampatti

Full Time

Sales & Business Development Department

4.0

• posted on 15 Sep 2023

5.0

for Salary and Benefits

Likes

This Company Provide To Good Salary and Incentives.... Promotion To the Employee in Our Work Performance.....

Salary - Excellent

+5 more

Dislikes

Plss Introducing The Development Team...Our company more Improvement In Business Vaise and Cultural vaise HR Take all branches no visit he work Heavy and not concentrate Product only Man handling....This Development Team Introducing Man handling and Product Vise complaint Take to Employee and People...Rectify And Our Company Policies Discuss....IDFC First Bharat 1st place in Tamilnadu.....But not in India so Small changes Rectify Our Company In Top Of India.....in Over all Companies.....Pls Introducing Development Team.....👍👍👍👍

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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IDFC FIRST Bharat Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at IDFC FIRST Bharat ?

Cluster Credit Manager salary at IDFC FIRST Bharat in India ranges between ₹5.4 Lakhs to ₹11.7 Lakhs for experience between 6 years to 15 years. According to our estimates it is 9% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 86 latest salaries received from various employees of IDFC FIRST Bharat India.

How does the salary of a Cluster Credit Manager at IDFC FIRST Bharat India compare with the average salary range for this job?

The average salary of a Cluster Credit Manager at IDFC FIRST Bharat is 9% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Credit Manager at IDFC FIRST Bharat ?

Credit Management, Payroll, Legal Compliance, Credit Cards and Strategic Planning are some of the popular skills required to work as a Cluster Credit Manager at IDFC FIRST Bharat India.

Which similar companies are paying more than IDFC FIRST Bharat to a Cluster Credit Manager in India?

HDB Financial Services Cluster Credit Manager Salary - ₹11.9 Lakhs to ₹24.0 Lakhs per year
Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹19.8 Lakhs per year
Piramal Capital Housing Finance Cluster Credit Manager Salary - ₹7.7 Lakhs to ₹19.7 Lakhs per year
Tata Capital Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹17.0 Lakhs per year
Muthoot Fincorp Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹13.0 Lakhs per year

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

SMFG India Credit Cluster Credit Manager Salary - ₹4.6 Lakhs to ₹18.5 Lakhs per year
Kotak Mahindra Bank Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹13.5 Lakhs per year
IIFL SAMASTA Cluster Credit Manager Salary - ₹5.5 Lakhs to ₹13.3 Lakhs per year
Mahindra Finance Cluster Credit Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
Annapurna Finance Cluster Credit Manager Salary - ₹4.5 Lakhs to ₹15.5 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Manager at IDFC FIRST Bharat ranges between ₹67,111 per month to ₹68,829 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bharat Cluster Credit Manager salary in India which ranges between ₹5.4 Lakhs to ₹11.7 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Manager at IDFC FIRST Bharat ?

According to AmbitionBox, 96% of the IDFC FIRST Bharat Cluster Credit Managers reported a notice period of 3 Months, 3% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 70 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bharat Cluster Credit Manager Salaries

IDFC FIRST Bharat Cluster Credit Manager salary in India ranges between ₹5.4 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 86 IDFC FIRST Bharat latest salaries received from various employees of IDFC FIRST Bharat .