Indostar Capital Finance Pune Credit Manager Salaries by 4 Employees (Updated 2025)

3 - 11 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

47% less than the average Credit Manager Salary in NBFC Companies for 3 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.5 L/yr
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Finance & Accounting Credit Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to Indostar Capital Finance for Credit Manager in Pune

Indostar Capital Finance Credit Manager Salary

3 - 11 years exp. (4 salaries)

₹3 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Poonawalla Fincorp Credit Manager Salary 0 - 9 years exp. (68 salaries)	₹4.2 L/yr - ₹10 L/yr 65% more
Aavas Financiers Credit Manager Salary 1 - 8 years exp. (25 salaries)	₹3.5 L/yr - ₹8.5 L/yr 46% more	5 job openings
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PNB Housing Finance Credit Manager Salary 0 - 10 years exp. (11 salaries)	₹5.2 L/yr - ₹12 L/yr 99% more
Electronica Finance Credit Manager Salary 3 - 10 years exp. (9 salaries)	₹2.8 L/yr - ₹8.6 L/yr 51% more	1 job opening
Kotak Mahindra Prime Credit Manager Salary 2 - 7 years exp. (7 salaries)	₹6 L/yr - ₹9 L/yr 94% more
Mahindra Rural Housing Finance Credit Manager Salary 2 - 6 years exp. (6 salaries)	₹3.5 L/yr - ₹6 L/yr 18% more
Tata Capital Housing Finance Credit Manager Salary 3 - 10 years exp. (5 salaries)	₹4.4 L/yr - ₹12.7 L/yr 99% more

Credit Manager salary at Indostar Capital Finance ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Indostar Capital Finance.

Experience wise Indostar Capital Finance Credit Manager salaries in Pune

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.6 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

View all

Similar Designation salaries in Indostar Capital Finance

Area Credit Manager Salary

(5 salaries)

₹7.5 L/yr - ₹16 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 1 employees for salary & benefits

Branch Credit Manager in Mandi Dabwali

Full Time

Finance & Accounting Department

5.0

• posted on 06 Mar 2025

4.0

for Salary and Benefits

Likes

Having work life balance is good also have good company culture

Salary - Good

+6 more

Dislikes

HR not respond on time. My salary was hold due to my reporting manager not approve my leave timely, so i had urgent need of salary , i am doing email and also call to HR for release my salary but not any resolution done.

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.

Job security - Bad

+3 more

Area Business Head in Gwalior

Full Time

Sales & Business Development Department

4.0

• posted on 06 Mar 2025

5.0

for Salary and Benefits

Likes

Salary giving on time. Also heard about that company gives good increment & Promotions.

Salary - Excellent

+2 more

Dislikes

My Manager Mr Rizvan Quereshi is not supporting and never motivate to team, He is behave like Boss instead of leader. He should be polite and work together. Other all things are good. He is pressurise to work on Saturday even Sunday on beginning of Months

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.

Salary - Good

+6 more

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.

Salary - Poor

+1 more

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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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Indostar Capital Finance Credit Manager Salary FAQs

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

The average salary of a Credit Manager at Indostar Capital Finance in Pune typically ranges from ₹3.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Credit Manager in Pune at Indostar Capital Finance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Credit Manager Salaries at Indostar Capital Finance 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 4 Indostar Capital Finance employees in India.

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

The estimated take-home salary of a Credit Manager at Indostar Capital Finance in Pune typically ranges from ₹31,895 to ₹33,181 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 3 years to 11 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 4 salaries received from various employees of Indostar Capital Finance. 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 Indostar Capital Finance in Pune?

To be a Credit Manager at Indostar Capital Finance in Pune, the key skills required include:

- Credit Management
- Credit Administration
- Disbursement
- Credit
- OTC

These skills are highly valued at Indostar Capital Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Indostar Capital Finance for Credit Manager in India?

Tata Capital Housing Finance	₹4.4 Lakhs to ₹12.7 Lakhs per year
PNB Housing Finance	₹5.2 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Prime	₹6.0 Lakhs to ₹9.0 Lakhs per year
Poonawalla Fincorp	₹4.2 Lakhs to ₹10.0 Lakhs per year
Electronica Finance	₹2.8 Lakhs to ₹8.6 Lakhs per year

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

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

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

Aavas Financiers	₹3.5 Lakhs to ₹8.5 Lakhs per year
Mahindra Rural Housing Finance	₹3.5 Lakhs to ₹6.0 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 Indostar Capital Finance in Pune?

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

Experience	Average Salary Range
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
6 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Indostar Capital Finance Credit Manager Salaries in Pune

Indostar Capital Finance Credit Manager salary in Pune ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indostar Capital Finance latest salaries received from various employees of Indostar Capital Finance.