Indian School Finance Company Credit Manager Salaries by 6 Employees

1 - 10 years exp.

₹4 Lakhs - ₹6.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

29% less than the average Credit Manager Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 6 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹6.8 L/yr
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BFSI, Investments & Trading Credit Manager Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to Indian School Finance Company for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Credit Manager Salary 0 - 12 years exp. (478 salaries)	₹2 L/yr - ₹9 L/yr 17% less	1 job opening
SMFG India Credit Credit Manager Salary 0 - 13 years exp. (339 salaries)	₹2.4 L/yr - ₹10.8 L/yr 20% more	1 job opening
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Bajaj Finance Credit Manager Salary 1 - 9 years exp. (208 salaries)	₹2.4 L/yr - ₹9 L/yr 11% more	4 job openings
Bajaj Housing Finance Credit Manager Salary 1 - 6 years exp. (124 salaries)	₹2 L/yr - ₹7.8 L/yr 13% less
Poonawalla Finance Credit Manager Salary 2 - 10 years exp. (37 salaries)	₹3 L/yr - ₹10 L/yr 13% more
Hero FinCorp Credit Manager Salary 2 - 12 years exp. (17 salaries)	₹5 L/yr - ₹11.6 L/yr 43% more
Srg Housing Finance Credit Manager Salary 0 - 6 years exp. (13 salaries)	₹2.3 L/yr - ₹6.1 L/yr 24% less
ECL Finance Credit Manager Salary 0 - 7 years exp. (13 salaries)	₹5 L/yr - ₹8 L/yr 11% more
Rattanindia Finance Credit Manager Salary 2 - 8 years exp. (13 salaries)	₹3 L/yr - ₹8.5 L/yr 3% less
Anand Rathi Global Finance Credit Manager Salary 0 - 4 years exp. (12 salaries)	₹4.6 L/yr - ₹10.5 L/yr 53% more
Sewa Grih Rin Credit Manager Salary 3 - 7 years exp. (8 salaries)	₹3.5 L/yr - ₹6.1 L/yr 22% less
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Shikhar Microfinance Credit Manager Salary 3 - 7 years exp. (7 salaries)	₹4 L/yr - ₹5 L/yr 17% less
Inditrade Capital Credit Manager Salary 1 - 5 years exp. (6 salaries)	₹3.5 L/yr - ₹6 L/yr 23% less
Wheels Emi Credit Manager Salary 5 - 10 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 17% less
Hinduja Finance Credit Manager Salary 0 - 7 years exp. (6 salaries)	₹3.6 L/yr - ₹8.5 L/yr 3% more
Sustainable Agro-commercial Finance Credit Manager Salary 8 - 9 years exp. (5 salaries)	₹3 L/yr - ₹6.3 L/yr 10% less
BA Continuum Credit Manager Salary 7 - 11 years exp. (5 salaries)	₹9 L/yr - ₹17 L/yr 143% more
Paisalo Digital Credit Manager Salary 9 - 17 years exp. (5 salaries)	₹5 L/yr - ₹5.1 L/yr 9% less
National Trust Housing Finance Credit Manager Salary 2 - 11 years exp. (4 salaries)	₹3.1 L/yr - ₹8 L/yr 4% less
Volkswagen Finance Credit Manager Salary 5 - 7 years exp. (4 salaries)	₹10.4 L/yr - ₹18 L/yr 151% more

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Credit Manager salary at Indian School Finance Company ranges between ₹4 Lakhs to ₹6.8 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Indian School Finance Company.

Experience wise Indian School Finance Company Credit Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹8.1 L/yr
2 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
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3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.8 L/yr

View all

Similar Designation salaries in Indian School Finance Company

Credit Officer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Area Credit Manager Salary

(21 salaries)

₹6 L/yr - ₹11.7 L/yr

Branch Manager Salary

(8 salaries)

₹5.25 L/yr - ₹9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.8 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Sales Manager Salary

(5 salaries)

₹2.8 L/yr - ₹4.6 L/yr

Branch Credit Manager Salary

(4 salaries)

₹4.4 L/yr - ₹6.5 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹5 L/yr - ₹5.4 L/yr

Cluster Credit Manager Salary

(3 salaries)

₹3.7 L/yr - ₹11.4 L/yr

Top skills at Indian School Finance Company for Credit Manager

Credit Appraisal New Product Development Credit Policy Underwriting Credit Appraisal Credit Policy Finance Loans Management Credit Management mba Policy Formulation Product Management Underwriting School

Salary related reviews for Indian School Finance Company

4.1

Rated by 2 employees for salary & benefits

Senior Associate in Pune

Full Time

Sales & Operations Department

3.0

• posted on 11 Sep 2022

3.0

for Salary and Benefits

Likes

Nothing as much. The company is still in growing mode. There is much to learn.

Work-life balance - Good

Dislikes

No motivation to work. No bonus, no appraisal. They promise to give you bonus and appraisal but when the time comes they do not match with employee expectations.

Promotions - Poor

Assistant Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Mar 2018

1.0

for Salary and Benefits

Likes

Very rude management non nbfc in India as such policy.. incentive scheme is very bad that no one can earn incentive.. very limited market.. very tough policy for limited market business.. no employee welfare.. even you cannot claim petrol allowance also if u don't have enough business...no job security at all..

Dislikes

Worst , very low compensation for work what we do.. cheating hr

Salary - Bad

+5 more

Associate Sales Manager in Surat

BFSI, Investments & Trading Department

5.0

• posted on 04 Aug 2020

5.0

for Salary and Benefits

Likes

Excellent for doing job superior authority are too good very supportive and grow with time to time and very good package and environment too good.job is very secure also in penadamic covid 19 also work more staff management and policy is too favour of business and staff relevant.

Salary - Excellent

+6 more

Dislikes

Nothing is

Relationship Manager in Bhubaneswar

Full Time

Other Department

5.0

• posted on 01 Aug 2020

4.0

for Salary and Benefits

Likes

There staff was very cooperative and culture was nice but in covid-19 company was not support to employees.. forcefully demand to resignation from job.. it's happen with me

Salary - Good

+4 more

Dislikes

Nothing all are very cooperative

Job security - Bad

Senior Finance Associate in New Delhi

Finance Department

1.0

• posted on 29 Sep 2019

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

The CFO & COO Mr Ankur Agarwal is very khadoos. They can employee as many people from their relatives buy don't value other employees at all. Mrs Suman Kadyan the most mean lady does not know F of Finance and she is head there. She does nothing and take credit of others work.

Salary - Bad

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Indian School Finance Company Credit Manager Salary FAQs

What is the salary of Credit Manager at Indian School Finance Company ?

The average salary of a Credit Manager at Indian School Finance Company in India typically ranges from ₹4.0 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Credit Manager at Indian School Finance Company earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Credit Manager Salaries at Indian School Finance Company 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 6 Indian School Finance Company employees in India.

What is the estimated take home salary of a Credit Manager at Indian School Finance Company in India?

The estimated take-home salary of a Credit Manager at Indian School Finance Company in India typically ranges from ₹42,049 to ₹43,184 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 1 year to 10 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 6 salaries received from various employees of Indian School Finance Company. 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 Indian School Finance Company ?

To be a Credit Manager at Indian School Finance Company in india, the key skills required include:

- Credit Appraisal
- New Product Development
- Credit Policy
- Underwriting
- Credit Appraisal

These skills are highly valued at Indian School Finance Company and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Indian School Finance Company for Credit Manager in India?

Volkswagen Finance	₹10.4 Lakhs to ₹18.0 Lakhs per year
BA Continuum	₹9.0 Lakhs to ₹17.0 Lakhs per year
Anand Rathi Global Finance	₹4.6 Lakhs to ₹10.5 Lakhs per year
Hero FinCorp	₹5.0 Lakhs to ₹11.6 Lakhs per year
SMFG India Credit	₹2.4 Lakhs to ₹10.8 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Indian School Finance Company in India?

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

Poonawalla Finance	₹3.0 Lakhs to ₹10.0 Lakhs per year
Bajaj Finance	₹2.4 Lakhs to ₹9.0 Lakhs per year
ECL Finance	₹5.0 Lakhs to ₹8.0 Lakhs per year
Hinduja Finance	₹3.6 Lakhs to ₹8.5 Lakhs per year
Rattanindia Finance	₹3.0 Lakhs to ₹8.5 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 Indian School Finance Company in India?

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

Experience	Average Salary Range
1 year	₹4.0 Lakhs to ₹8.1 Lakhs per year
2 years	₹4.3 Lakhs to ₹5.4 Lakhs per year
3 years	₹4.4 Lakhs to ₹5.7 Lakhs per year
4 years	₹2.1 Lakhs to ₹5.5 Lakhs per year

and so on.

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Indian School Finance Company Credit Manager Salaries

Indian School Finance Company Credit Manager salary in India ranges between ₹4 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Indian School Finance Company latest salaries received from various employees of Indian School Finance Company.