Indel Money Credit Manager Salaries by 5 Employees

4 - 9 years exp.

₹3.3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

53% less than the average Credit Manager Salary in Financial Services Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
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Finance & Accounting Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 17 Mar 2023

Companies similar to Indel Money for Credit Manager

Company name	Avg Annual Salary	Open Jobs
SMEcorner Credit Manager Salary 0 - 8 years exp. (46 salaries)	₹3 L/yr - ₹8 L/yr 38% more
Home First Finance Company India Credit Manager Salary 1 - 7 years exp. (19 salaries)	₹5.2 L/yr - ₹16 L/yr 173% more
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Axio Credit Manager Salary 2 - 7 years exp. (18 salaries)	₹4.8 L/yr - ₹12.2 L/yr 115% more
Sambandh Finserve Credit Manager Salary 0 - 9 years exp. (15 salaries)	₹2 L/yr - ₹3.3 L/yr 24% less
Indusind Marketing & Financial Services Credit Manager Salary 3 - 9 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 29% less
Orange Retail Finance Credit Manager Salary 1 - 3 years exp. (5 salaries)	₹1.5 L/yr - ₹3.5 L/yr 13% less
Leap Finance Credit Manager Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 9% more
Svasti Microfinance Credit Manager Salary 8 - 15 years exp. (4 salaries)	₹3 L/yr - ₹4.7 L/yr 4% more
Netafim Agricultural Financing Agency Credit Manager Salary 6 - 14 years exp. (4 salaries)	₹11 L/yr - ₹12 L/yr 210% more
Wishfin Credit Manager Salary 5 - 7 years exp. (4 salaries)	₹4 L/yr - ₹8.2 L/yr 58% more

Credit Manager salary at Indel Money ranges between ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Indel Money.

Experience wise Indel Money Credit Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Indel Money

Credit Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Branch Manager Salary

(63 salaries)

₹2.1 L/yr - ₹5.32 L/yr

Deputy Manager Salary

(3 salaries)

₹3.2 L/yr - ₹4 L/yr

Chief Manager Salary

(3 salaries)

₹8.8 L/yr - ₹9 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Salary related reviews for Indel Money

3.1

Rated by 2 employees for salary & benefits

Customer Relation Executive in Kochi

Full Time

Human Resources Department

5.0

• posted on 07 Feb 2022

3.0

for Salary and Benefits

Likes

It is place where you can excel if you are good at pitching sales. Their incentives and bonus is definitely good.

Job security - Good

Dislikes

Work pressure to meet the target can sometimes put you in a lot of stress. Requires a lot of traveling.

Promotions - Poor

Branch Sales Manager in Thirumangalam

NBFC Department

3.0

• posted on 09 Aug 2017

4.0

for Salary and Benefits

Likes

...h company ,type of business is mortgage,trade loan, gold loan, insurance, etc... I have relieve reason for job crowth and salary criers, my salary CTC 2.55lac.

Salary - Good

+3 more

Dislikes

No promotion, increment, high politics, etc...

Branch Manager in Khammam

Full Time

Risk Management & Compliance Department

4.0

• posted on 22 Nov 2024

4.0

for Salary and Benefits

Likes

Time to time payments and higher officials treat very friendly culture to their subordinates. especially work culture so healthy. Every day they give motivational speeches .They are trying to boost up to their subordinates. everything is good

Salary - Good

+6 more

Dislikes

Only one thing disliked every employee that one every day positive growth they are expecting from sales team . Commonly up and downs it's happens business and life. finally my indelmoney better than other gold loan companies as of my experience

Customer Relationship Executive in Wayanad

Full Time

Finance & Accounting Department

1.0

• posted on 05 Jul 2023

1.0

for Salary and Benefits

Likes

There are lots of areas which Indel money should grow.

Dislikes

1.When the survey of Great place to work happened the hr team itself completed the survey without informing the staffs. 2.Slection of Area mangers.it should be more selective(Iam comparing with our area manager) 3.Sometimes sunday were working day without a compensatory leave. 4.Even if we applied for a compensatory leave they will reject without a proper reason

Salary - Bad

+6 more

Internal Auditor (working remotely)

Full Time

Finance & Accounting Department

1.0

• posted on 04 Oct 2024

1.0

for Salary and Benefits

Likes

Good Company

Dislikes

Good Company Except Audit Department Extremely low employee satisfaction - Frustration and burnout due to unrealistic workloads - Lack of effective control and accountability - Inadequate relief and support Consequently, several employees have contacted officials and filed complaints against the audit department.

Salary - Bad

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Indel Money Credit Manager Salary FAQs

What is the salary of Credit Manager at Indel Money ?

The average salary of a Credit Manager at Indel Money in India typically ranges from ₹3.3 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Credit Manager at Indel Money earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Credit Manager Salaries at Indel Money 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 5 Indel Money employees in India.

What is the estimated take home salary of a Credit Manager at Indel Money in India?

The estimated take-home salary of a Credit Manager at Indel Money in India typically ranges from ₹27,108 to ₹28,515 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 4 years to 9 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 5 salaries received from various employees of Indel Money. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indel Money for Credit Manager in India?

Netafim Agricultural Financing Agency	₹11.0 Lakhs to ₹12.0 Lakhs per year
Home First Finance Company India	₹5.2 Lakhs to ₹16.0 Lakhs per year
Axio	₹4.8 Lakhs to ₹12.2 Lakhs per year
Wishfin	₹4.0 Lakhs to ₹8.2 Lakhs per year
SMEcorner	₹3.0 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Indel Money in India?

The salary of a Credit Manager at companies similar to Indel Money in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Leap Finance	₹2.0 Lakhs to ₹5.0 Lakhs per year
Svasti Microfinance	₹3.0 Lakhs to ₹4.7 Lakhs per year
Orange Retail Finance	₹1.5 Lakhs to ₹3.5 Lakhs per year
Sambandh Finserve	₹2.0 Lakhs to ₹3.3 Lakhs per year
Indusind Marketing & Financial Services	₹2.0 Lakhs to ₹3.0 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 Credit Manager at Indel Money in India?

The salary growth for a Credit Manager at Indel Money depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Indel Money:

Experience	Average Salary Range
4 years	₹3.5 Lakhs to ₹6.8 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
6 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
7 years	₹3.6 Lakhs to ₹4.5 Lakhs per year

and so on.

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Indel Money Credit Manager Salaries

Indel Money Credit Manager salary in India ranges between ₹3.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Indel Money latest salaries received from various employees of Indel Money.