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India Shelter Finance Corporation Credit Manager salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹2.9 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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42% less than the average Credit Manager Salary in NBFC Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Credit Manager Salary
1 - 7 years exp. (29 salaries)
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₹2.9 L/yr - ₹5.7 L/yr

BFSI, Investments & Trading
Credit Manager Salary
2 - 8 years exp. (21 salaries)
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₹3 L/yr - ₹6 L/yr

Risk Management & Compliance
Credit Manager Salary
1 - 8 years exp. (12 salaries)
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₹3.4 L/yr - ₹6.3 L/yr

Customer Success, Service & Operations
Credit Manager Salary
1 - 5 years exp. (4 salaries)
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₹2.9 L/yr - ₹5 L/yr

Last Updated: 8 Mar 2025

Companies similar to India Shelter Finance Corporation for Credit Manager

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹13.9 L/yr

arrow icon 87% more
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Vistaar Finance Credit Manager Salary

0 - 9 years exp. (157 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 18% more
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₹2.1 L/yr - ₹5.5 L/yr

arrow icon 9% less
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Ugro Capital Credit Manager Salary

4 - 10 years exp. (151 salaries)

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₹3.2 L/yr - ₹10.4 L/yr

arrow icon 39% more
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Bajaj Housing Finance Credit Manager Salary

1 - 6 years exp. (124 salaries)

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₹2 L/yr - ₹7.8 L/yr

arrow icon 7% more
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Kotak Mahindra Prime Credit Manager Salary

1 - 9 years exp. (121 salaries)

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₹3.9 L/yr - ₹12 L/yr

arrow icon 80% more
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PNB Housing Finance Credit Manager Salary

0 - 13 years exp. (95 salaries)

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₹4.9 L/yr - ₹12.1 L/yr

arrow icon 95% more
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Sammaan Capital Limited Credit Manager Salary

1 - 8 years exp. (81 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 14% more
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InCred Finance Credit Manager Salary

2 - 11 years exp. (76 salaries)

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₹4.1 L/yr - ₹11.4 L/yr

arrow icon 72% more
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Electronica Finance Credit Manager Salary

3 - 10 years exp. (49 salaries)

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₹2.5 L/yr - ₹10.1 L/yr

arrow icon 19% more
3 job openings
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MAS Financial Services Credit Manager Salary

2 - 8 years exp. (42 salaries)

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₹2.3 L/yr - ₹9.7 L/yr

arrow icon 40% more
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Finova Capital Credit Manager Salary

1 - 7 years exp. (38 salaries)

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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 16% less
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Hinduja Leyland Finance Credit Manager Salary

3 - 19 years exp. (42 salaries)

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₹3.3 L/yr - ₹13.3 L/yr

arrow icon 82% more
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₹3 L/yr - ₹6.5 L/yr

arrow icon 3% more
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IKF Finance Credit Manager Salary

1 - 14 years exp. (20 salaries)

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₹3 L/yr - ₹6.7 L/yr

arrow icon 18% more
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₹3.1 L/yr - ₹6.6 L/yr

arrow icon 8% more
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Dvara KGFS Credit Manager Salary

4 - 10 years exp. (18 salaries)

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₹3.6 L/yr - ₹7 L/yr

arrow icon 29% more
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Hero FinCorp Credit Manager Salary

2 - 12 years exp. (17 salaries)

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₹5 L/yr - ₹11.6 L/yr

arrow icon 74% more
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Tyger Capital Credit Manager Salary

5 - 13 years exp. (15 salaries)

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₹4 L/yr - ₹8.3 L/yr

arrow icon 42% more
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Kinara Capital Credit Manager Salary

1 - 7 years exp. (14 salaries)

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₹2 L/yr - ₹4.6 L/yr

arrow icon 14% less
View all
Credit Manager salary at India Shelter Finance Corporation ranges between ₹2.9 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 92 latest salaries received from various employees of India Shelter Finance Corporation.

Latest annual salaries shared by India Shelter Finance Corporation Credit Manager

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Experience wise India Shelter Finance Corporation Credit Manager salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
1 year  (11 salaries)

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₹3 L/yr - ₹5 L/yr
2 years  (10 salaries)

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₹2.9 L/yr - ₹5.5 L/yr
3 years  (11 salaries)

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₹3 L/yr - ₹6 L/yr
4 years  (13 salaries)

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₹3.2 L/yr - ₹6 L/yr
5 years  (23 salaries)

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₹2.9 L/yr - ₹6.3 L/yr
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Similar Designation salaries in India Shelter Finance Corporation

Credit Officer Salary
(5 salaries)
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₹2.5 L/yr - ₹3.3 L/yr
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₹5.9 L/yr - ₹12.5 L/yr
Branch Manager Salary
(159 salaries)
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₹2.8 L/yr - ₹8 L/yr
Deputy Manager Salary
(4 salaries)
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₹4.35 L/yr - ₹7.42 L/yr
Chief Manager Salary
(3 salaries)
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₹15.5 L/yr - ₹18 L/yr
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₹24.15 L/yr - ₹37.5 L/yr
Sales Manager Salary
(16 salaries)
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₹1.8 L/yr - ₹4.3 L/yr
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₹3.3 L/yr - ₹7.4 L/yr
Deputy Credit Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Cluster Credit Manager Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

Top skills at India Shelter Finance Corporation for Credit Manager

Home Loans Lap Team Handling Mortgage Loans housing loan hl mortgage Credit Management CAM Underwriting

Salary related reviews for India Shelter Finance Corporation

3.2

Rated by 18 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 14 Jun 2021

5.0
 for  Salary and Benefits

Likes

...ment is transparent. Company policies are good and polite for achieving targets. Appraisals are fair and company give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

In company there are no any words to say about company dislike.

Sales & Business Development Department

5.0
  •  posted on 04 Apr 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing.

Relationship Management Department

2.0
  •  posted on 23 Sep 2020

5.0
 for  Salary and Benefits

Likes

Relationship counsller the work is very interesting me.

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

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BFSI, Investments & Trading Department

4.0
  •  posted on 01 Jul 2019

4.0
 for  Salary and Benefits

Likes

Company gives a good learning, good scope to explore and give a good support to their employee.

  • Salary - Good
  • +5 more

Dislikes

Company did not pay more. Company pay below the industry average. I think money motivate us, so should pay at-least on industry average basis.

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Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 21 Dec 2024

3.0
 for  Salary and Benefits

Likes

...can promote creativity, innovation, and a sense of belonging among employees. 5. *Competitive benefits and compensation*: ISFC might offer attractive salary packages, benefits, and perks that recognize and reward employees' hard work and contributions.

read more
  • Job security - Good
  • +2 more

Dislikes

1. _High stress levels_: Working in the financial sector, especially in a role related to housing finance, can be demanding and stressful. 2. _Bureaucratic processes_: Large organizations like ISFC might have complex administrative processes, which can be time-consuming and frustrating for employees. 3. _Limited flexibility_: Employees might experience limited flexibility in their work schedules, roles, or responsibilities, which can be constraining. 4. _Performance pressure_: Meeting sales targets, managing risk, and maintaining high performance standards can create pressure and anxiety for employees. 5. _Organizational changes_: ISFC, like any other organization, might undergo changes in leadership, policies, or procedures, which can create uncertainty and discomfort for employees.

read more
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India Shelter Finance Corporation Credit Manager Salary FAQs

What is the salary of Credit Manager at India Shelter Finance Corporation ?
The average salary of a Credit Manager at India Shelter Finance Corporation in India typically ranges from ₹2.9 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Credit Manager at India Shelter Finance Corporation earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Credit Manager Salaries at India Shelter Finance Corporation 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 90+ India Shelter Finance Corporation employees in India.
What is the estimated take home salary of a Credit Manager at India Shelter Finance Corporation in India?
The estimated take-home salary of a Credit Manager at India Shelter Finance Corporation in India typically ranges from ₹33,866 to ₹35,122 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year to 8 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 90+ salaries received from various employees of India Shelter Finance Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Credit Manager at India Shelter Finance Corporation ?
To be a Credit Manager at India Shelter Finance Corporation in india, the key skills required include:

  • - Home Loans
  • - Lap
  • - Team Handling
  • - Mortgage Loans
  • - housing loan

These skills are highly valued at India Shelter Finance Corporation and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than India Shelter Finance Corporation for Credit Manager in India?
LIC Housing Finance ₹8.0 Lakhs to ₹30.0 Lakhs per year
BA Continuum ₹9.0 Lakhs to ₹17.0 Lakhs per year
PNB Housing Finance ₹4.9 Lakhs to ₹12.1 Lakhs per year
Tata Capital Housing Finance ₹4.0 Lakhs to ₹13.9 Lakhs per year
Hinduja Leyland Finance ₹3.3 Lakhs to ₹13.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by India Shelter Finance Corporation, depending on the role and experience level.
What is the salary of a Credit Manager in companies similar to India Shelter Finance Corporation in India?
The salary of a Credit Manager at companies similar to India Shelter Finance Corporation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Prime ₹3.9 Lakhs to ₹12.0 Lakhs per year
Hero FinCorp ₹5.0 Lakhs to ₹11.6 Lakhs per year
InCred Finance ₹4.1 Lakhs to ₹11.4 Lakhs per year
Tyger Capital ₹4.0 Lakhs to ₹8.3 Lakhs per year
MAS Financial Services ₹2.3 Lakhs to ₹9.7 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 India Shelter Finance Corporation in India?
The salary growth for a Credit Manager at India Shelter Finance Corporation depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at India Shelter Finance Corporation:

Experience Average Salary Range
1 year ₹3.0 Lakhs to ₹5.0 Lakhs per year
2 years ₹2.9 Lakhs to ₹5.5 Lakhs per year
3 years ₹3.0 Lakhs to ₹6.0 Lakhs per year
4 years ₹3.2 Lakhs to ₹6.0 Lakhs per year
and so on.

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India Shelter Finance Corporation Credit Manager salary in India ranges between ₹2.9 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 92 India Shelter Finance Corporation latest salaries received from various employees of India Shelter Finance Corporation.