IDFC FIRST Bharat Chennai Cluster Credit Manager Salaries by 10 Employees (Updated 2025)

6 - 11 years exp.

₹5.8 Lakhs - ₹10.1 Lakhs

Salary of majority employees

7% less than the average Cluster Credit Manager Salary in Financial Services Companies for 6 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Cluster Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹7.7 L/yr - ₹9.5 L/yr
Risk Management & Compliance Cluster Credit Manager Salary 8 - 11 years exp. (3 salaries)	₹8.5 L/yr - ₹10.1 L/yr
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Quality Assurance Cluster Credit Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.1 L/yr
BFSI, Investments & Trading Cluster Credit Manager Salary 10 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.9 L/yr

Last Updated: 31 Jan 2025

Companies similar to IDFC FIRST Bharat for Cluster Credit Manager in Chennai

IDFC FIRST Bharat Cluster Credit Manager Salary

6 - 11 years exp. (10 salaries)

₹5.8 L/yr - ₹10.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Credit Manager Salary 11 - 18 years exp. (3 salaries)	₹12.8 L/yr - ₹18 L/yr 82% more
Hinduja Housing Finance Cluster Credit Manager Salary 1 - 11 years exp. (15 salaries)	₹3.5 L/yr - ₹7.7 L/yr 41% less	3 job openings
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Equitas Small Finance Bank Cluster Credit Manager Salary 7 - 15 years exp. (7 salaries)	₹4.1 L/yr - ₹7.7 L/yr 30% less
Varthana Cluster Credit Manager Salary 10 - 14 years exp. (5 salaries)	₹8 L/yr - ₹10.5 L/yr 3% more
Piramal Capital Housing Finance Cluster Credit Manager Salary 9 - 17 years exp. (5 salaries)	₹11.4 L/yr - ₹18.8 L/yr 64% more

Cluster Credit Manager salary at IDFC FIRST Bharat ranges between ₹5.8 Lakhs to ₹10.1 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 10 latest salaries received from various employees of IDFC FIRST Bharat .

Experience wise IDFC FIRST Bharat Cluster Credit Manager salaries in Chennai

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹15.9 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.1 L/yr
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8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.1 L/yr
9 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹16.3 L/yr
10 years (3 salaries)	₹5.8 L/yr - ₹10.1 L/yr
11 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr

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Similar Designation salaries in IDFC FIRST Bharat

Branch Credit Manager Salary

(27 salaries)

₹3.5 L/yr - ₹6.55 L/yr

Relationship Manager Salary

(9 salaries)

₹1.93 L/yr - ₹3.25 L/yr

Chief Manager Salary

(4 salaries)

₹11.5 L/yr - ₹16.5 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

4.0

Rated by 2 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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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 Chennai?

Cluster Credit Manager salary at IDFC FIRST Bharat in Chennai ranges between ₹5.8 Lakhs to ₹10.1 Lakhs for experience between 6 years to 11 years. According to our estimates it is 7% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of IDFC FIRST Bharat Chennai.

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

The average salary of a Cluster Credit Manager at IDFC FIRST Bharat is 7% less than the average salary of a Cluster Credit Manager in Chennai. 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 Chennai.

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

Bajaj Finance Cluster Credit Manager Salary - ₹12.8 Lakhs to ₹18.0 Lakhs per year
Piramal Capital Housing Finance Cluster Credit Manager Salary - ₹11.4 Lakhs to ₹18.8 Lakhs per year
Varthana Cluster Credit Manager Salary - ₹8.0 Lakhs to ₹10.5 Lakhs per year

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

Equitas Small Finance Bank Cluster Credit Manager Salary - ₹4.1 Lakhs to ₹7.7 Lakhs per year
Hinduja Housing Finance Cluster Credit Manager Salary - ₹3.5 Lakhs to ₹7.7 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Manager at IDFC FIRST Bharat ranges between ₹65,959 per month to ₹67,644 per month in Chennai. The take-home salary calculation is based on the average IDFC FIRST Bharat Cluster Credit Manager salary in India which ranges between ₹5.8 Lakhs to ₹10.1 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the IDFC FIRST Bharat Cluster Credit Managers in Chennai reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bharat Cluster Credit Manager Salaries in Chennai

IDFC FIRST Bharat Cluster Credit Manager salary in Chennai ranges between ₹5.8 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 IDFC FIRST Bharat latest salaries received from various employees of IDFC FIRST Bharat .