Indostar Capital Finance Credit Manager Salaries by 20+ Employees (Updated 2024)

2 - 12 years exp.

₹2.8 Lakhs - ₹7 Lakhs

Salary of majority employees

43% less than the average Credit Manager Salary in NBFC Companies for 2 - 12 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 2 - 12 years exp. (13 salaries)	₹2.8 L/yr - ₹6.3 L/yr
BFSI, Investments & Trading Credit Manager Salary 8 - 12 years exp. (4 salaries)	₹4.2 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Credit Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr

Last Updated: 14 Dec 2024

Companies similar to Indostar Capital Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Credit Manager Salary 0 - 9 years exp. (61 salaries)	₹3 L/yr - ₹6.3 L/yr 9% more	2 job openings
Shriram Finance Credit Manager Salary 2 - 12 years exp. (145 salaries)	₹1.8 L/yr - ₹10.5 L/yr 38% more	3 job openings
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L&T Finance Credit Manager Salary 1 - 9 years exp. (83 salaries)	₹4.5 L/yr - ₹14 L/yr 89% more
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (87 salaries)	₹2.3 L/yr - ₹12.2 L/yr 61% more
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (193 salaries)	₹2.4 L/yr - ₹8.5 L/yr 33% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.6k salaries)	₹3.5 L/yr - ₹14 L/yr 92% more	4 job openings
Edelweiss Credit Manager Salary 0 - 8 years exp. (153 salaries)	₹2.7 L/yr - ₹12 L/yr 53% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (451 salaries)	₹4 L/yr - ₹13 L/yr 85% more	9 job openings
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (171 salaries)	₹4 L/yr - ₹13 L/yr 66% more
Reliance Capital Credit Manager Salary 0 - 13 years exp. (7 salaries)	₹6 L/yr - ₹8.4 L/yr 67% more
Aavas Financiers Credit Manager Salary 1 - 9 years exp. (271 salaries)	₹3 L/yr - ₹8.5 L/yr 31% more	3 job openings
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Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (191 salaries)	₹4 L/yr - ₹13.5 L/yr 85% more
Ugro Capital Credit Manager Salary 2 - 10 years exp. (150 salaries)	₹3 L/yr - ₹10.4 L/yr 41% more	1 job opening
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (144 salaries)	₹3.6 L/yr - ₹10.1 L/yr 48% more	2 job openings
Kotak Mahindra Prime Credit Manager Salary 0 - 9 years exp. (138 salaries)	₹4.5 L/yr - ₹12 L/yr 83% more
PNB Housing Finance Credit Manager Salary 0 - 11 years exp. (92 salaries)	₹4.9 L/yr - ₹12 L/yr 90% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (91 salaries)	₹3 L/yr - ₹8.4 L/yr 15% more
Mahindra Rural Housing Finance Credit Manager Salary 2 - 10 years exp. (78 salaries)	₹2 L/yr - ₹8.7 L/yr 8% more
Electronica Finance Credit Manager Salary 3 - 9 years exp. (41 salaries)	₹2.5 L/yr - ₹10.1 L/yr 30% more	1 job opening
Five-Star Business Finance Credit Manager Salary 2 - 9 years exp. (26 salaries)	₹2.5 L/yr - ₹6.4 L/yr 24% less

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Credit Manager salary at Indostar Capital Finance ranges between ₹2.8 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 24 latest salaries received from various employees of Indostar Capital Finance.

Experience wise Indostar Capital Finance Credit Manager salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.6 L/yr
3 years (4 salaries)	₹3.5 L/yr - ₹4.9 L/yr
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4 years (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.9 L/yr
8 years (4 salaries)	₹3 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.4 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr
12 years (4 salaries)	₹4.6 L/yr - ₹7 L/yr

View all

Similar Designation salaries in Indostar Capital Finance

Credit Officer Salary

(16 salaries)

₹2 L/yr - ₹4.5 L/yr

Area Credit Manager Salary

(40 salaries)

₹5.75 L/yr - ₹16 L/yr

Branch Manager Salary

(69 salaries)

₹3.1 L/yr - ₹10.5 L/yr

Deputy Manager Salary

(17 salaries)

₹2.8 L/yr - ₹8.65 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Sales Manager Salary

(16 salaries)

₹3.5 L/yr - ₹7.35 L/yr

Branch Credit Manager Salary

(71 salaries)

₹1.45 L/yr - ₹7.25 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Top skills at Indostar Capital Finance for Credit Manager

Credit Management Credit Administration Disbursement Credit OTC Credit Underwriting

Salary related reviews for Indostar Capital Finance

4.0

Rated by 8 employees for salary & benefits

Branch Manager in Kota, Rajasthan

Finance & Accounting Department

4.0

• posted on 21 Aug 2020

3.0

for Salary and Benefits

Likes

I thanks to Indostar Capital as we have got full salary in Covid-19 for smooth going survival.

Dislikes

This place specially Rajasthan is not good for better future, here seniors are not co operative and they make difference between IIFL and ICFL Team members.

Field Sales Officer in Bongaigaon City

Full Time

Finance & Accounting Department

4.0

• posted on 09 Dec 2024

4.0

for Salary and Benefits

Likes

While working here i can balance my work and life and salary and benefits is also satisfactory, company culture is also good here and promotion and appraisal is given in appropriate time.

Dislikes

Defiantly not..

Branch Head in Dhupguri

Full Time

Finance & Accounting Department

5.0

• posted on 14 Dec 2023

2.0

for Salary and Benefits

Likes

It's has future but need to take strong decisions regarding BUISNESS improvement also decision making Empowerment to ground level employees.

Dislikes

Salary not matched with my Designation as per my education ad well as my experience.

Associate in Tenkasi

Marketing & Communication Department

3.0

• posted on 08 Jun 2022

3.0

for Salary and Benefits

Likes

Job security and career growth and work satisfaction

Dislikes

There is a lot of politics and management doesn't address our issues.salary is decent but career growth is slow.I am working in 2yrs above no improve the job growth.

Area Manager in Jodhpur

BFSI, Investments & Trading Department

5.0

• posted on 16 May 2021

5.0

for Salary and Benefits

Likes

...e 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

Dislikes

Threr is lot of politics and the management doesn't address our issue

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Indostar Capital Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Indostar Capital Finance?

Credit Manager salary at Indostar Capital Finance in India ranges between ₹2.8 Lakhs to ₹7.0 Lakhs for experience between 2 years to 12 years. According to our estimates it is 43% less than the average Credit Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of Indostar Capital Finance India.

How does the salary of a Credit Manager at Indostar Capital Finance India compare with the average salary range for this job?

The average salary of a Credit Manager at Indostar Capital Finance is 43% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Indostar Capital Finance?

Credit Management, Credit Administration, Disbursement, Credit and OTC are some of the popular skills required to work as a Credit Manager at Indostar Capital Finance India.

Which similar companies are paying more than Indostar Capital Finance to a Credit Manager in India?

LIC Housing Finance Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
Sundaram Finance Credit Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹4.9 Lakhs to ₹12.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to Indostar Capital Finance in India?

Tata Capital Credit Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹4.0 Lakhs to ₹13.5 Lakhs per year
LendingKart Credit Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Prime Credit Manager Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
REPCO HOME FINANCE Credit Manager Salary - ₹6.0 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Credit Manager at Indostar Capital Finance in India?

The estimated take-home salary of a Credit Manager at Indostar Capital Finance ranges between ₹32,680 per month to ₹33,954 per month in India. The take-home salary calculation is based on the average Indostar Capital Finance Credit Manager salary in India which ranges between ₹2.8 Lakhs to ₹7.0 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Indostar Capital Finance?

According to AmbitionBox, 44% of the Indostar Capital Finance Credit Managers reported a notice period of 3 Months, 39% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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Indostar Capital Finance Credit Manager Salaries

Indostar Capital Finance Credit Manager salary in India ranges between ₹2.8 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Indostar Capital Finance latest salaries received from various employees of Indostar Capital Finance.