IDFC FIRST Bharat Cluster Credit Manager Salaries by 70+ Employees (Updated 2025)

6 - 12 years exp.

₹5 Lakhs - ₹12.5 Lakhs

Salary of majority employees

10% less than the average Cluster Credit Manager Salary in Financial Services Companies for 6 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 6 - 11 years exp. (29 salaries)	₹5.5 L/yr - ₹12.5 L/yr
Risk Management & Compliance Cluster Credit Manager Salary 6 - 11 years exp. (18 salaries)	₹6.8 L/yr - ₹11.7 L/yr
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Finance & Accounting Cluster Credit Manager Salary 7 - 12 years exp. (14 salaries)	₹5 L/yr - ₹10 L/yr
Customer Success, Service & Operations Cluster Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹7.7 L/yr - ₹9.4 L/yr
Quality Assurance Cluster Credit Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.1 L/yr

Last Updated: 6 Feb 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 - ₹22 L/yr 85% more
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 27% less
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ICICI Bank Cluster Credit Manager Salary 3 - 8 years exp. (3 salaries)	₹7.3 L/yr - ₹11.5 L/yr 7% more
Kotak Mahindra Bank Cluster Credit Manager Salary 2 - 13 years exp. (4 salaries)	₹7 L/yr - ₹13.5 L/yr 16% more
Axis Bank Cluster Credit Manager Salary 4 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹12 L/yr 21% less
Tata Capital Cluster Credit Manager Salary 4 - 21 years exp. (6 salaries)	₹10.7 L/yr - ₹17 L/yr 59% more
Bajaj Finserv Cluster Credit Manager Salary 4 - 6 years exp. (4 salaries)	₹6.5 L/yr - ₹14 L/yr 48% more
Motilal Oswal Financial Services Cluster Credit Manager Salary 8 - 12 years exp. (4 salaries)	₹5.8 L/yr - ₹11.7 L/yr 1% less

Cluster Credit Manager salary at IDFC FIRST Bharat ranges between ₹5 Lakhs to ₹12.5 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 73 latest salaries received from various employees of IDFC FIRST Bharat .

Experience wise IDFC FIRST Bharat Cluster Credit Manager salaries

Last Updated: 6 Feb 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 (15 salaries)	₹5 L/yr - ₹12.5 L/yr
11 years (10 salaries)	₹7.9 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.6 L/yr

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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

(259 salaries)

₹3.05 L/yr - ₹7.2 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

(69 salaries)

₹3.48 L/yr - ₹8.33 L/yr

Relationship Manager Salary

(157 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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 ₹5.0 Lakhs to ₹12.5 Lakhs for experience between 6 years to 12 years. According to our estimates it is 10% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 73 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 10% 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?

Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹22.0 Lakhs per year
Tata Capital Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹17.0 Lakhs per year
Bajaj Finserv Cluster Credit Manager Salary - ₹6.5 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Bank Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹13.5 Lakhs per year
ICICI Bank Cluster Credit Manager Salary - ₹7.3 Lakhs to ₹11.5 Lakhs per year

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

Motilal Oswal Financial Services Cluster Credit Manager Salary - ₹5.8 Lakhs to ₹11.7 Lakhs per year
Axis Bank Cluster Credit Manager Salary - ₹2.3 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Cluster Credit Manager Salary - ₹3.6 Lakhs to ₹9.8 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 ₹65,461 per month to ₹67,132 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 ₹5.0 Lakhs to ₹12.5 Lakhs per year for employees with experience between 6 years to 12 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 67 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 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 73 IDFC FIRST Bharat latest salaries received from various employees of IDFC FIRST Bharat .