Indostar Home Finance Cluster Credit Manager Salaries by 10+ Employees

5 - 10 years exp.

₹5.6 Lakhs - ₹10.8 Lakhs

Salary of majority employees

16% less than the average Cluster Credit Manager Salary in Financial Services Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 5 - 9 years exp. (6 salaries)	₹5.6 L/yr - ₹10.6 L/yr
Risk Management & Compliance Cluster Credit Manager Salary 9 - 10 years exp. (3 salaries)	₹8.4 L/yr - ₹10 L/yr
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Finance & Accounting Cluster Credit Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹8.7 L/yr

Last Updated: 22 Jun 2024

Companies similar to Indostar Home Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Cluster Credit Manager Salary 3 - 6 years exp. (9 salaries)	₹10 L/yr - ₹14.3 L/yr 49% more
Bajaj Finserv Cluster Credit Manager Salary 4 - 6 years exp. (4 salaries)	₹6.5 L/yr - ₹14 L/yr 56% more
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Motilal Oswal Financial Services Cluster Credit Manager Salary 8 - 12 years exp. (4 salaries)	₹5.8 L/yr - ₹11.7 L/yr 5% more
Hinduja Housing Finance Cluster Credit Manager Salary 1 - 12 years exp. (289 salaries)	₹3.4 L/yr - ₹9.2 L/yr 29% less	3 job openings
AU Small Finance Bank Cluster Credit Manager Salary 5 - 14 years exp. (175 salaries)	₹6.6 L/yr - ₹24.3 L/yr 80% more

Cluster Credit Manager salary at Indostar Home Finance ranges between ₹5.6 Lakhs to ₹10.8 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 13 latest salaries received from various employees of Indostar Home Finance.

Experience wise Indostar Home Finance Cluster Credit Manager salaries

Last Updated: 22 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹14.3 L/yr
6 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹14.7 L/yr
8 years (5 salaries)	₹5.6 L/yr - ₹10.8 L/yr
9 years (3 salaries)	₹7.8 L/yr - ₹9 L/yr
10 years (3 salaries)	₹7 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Indostar Home Finance

Area Credit Manager Salary

(7 salaries)

₹7.75 L/yr - ₹20 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹4.1 L/yr - ₹6.5 L/yr

Branch Credit Manager Salary

(29 salaries)

₹3.8 L/yr - ₹7.55 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Credit Manager Salary

(9 salaries)

₹3.5 L/yr - ₹12 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Relationship Manager Salary

(76 salaries)

₹2.4 L/yr - ₹4 L/yr

Credit Officer Salary

(7 salaries)

₹2.8 L/yr - ₹3.8 L/yr

Branch Manager Salary

(34 salaries)

₹4.5 L/yr - ₹10 L/yr

Deputy Manager Salary

(7 salaries)

₹2.75 L/yr - ₹7.84 L/yr

Salary related reviews for Indostar Home Finance

4.0

Rated by 1 employees for salary & benefits

Area Sales Manager in Mumbai

Finance Department

1.0

• posted on 19 Mar 2019

1.0

for Salary and Benefits

Likes

Nothing i Liked about the Company. The Management is very weak in decision making. No clear approach towards the future. Irresponsible hiring done

Dislikes

You cannot tell your staff to just quit one day. There was no job security, low salary, not open to any innovations.

Salary - Bad

+6 more

Management Trainee in Ahmedabad

Full Time

Finance & Accounting Department

4.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

The Managers have been amazing & very supportive especially. I truly admire the office culture and the Upper Management at Ahmedabad Branch (regional head & all).

Salary - Good

+4 more

Dislikes

Sometimes there is a lot of pressure from management.

Sales Manager in Hosur

Sales & Marketing Department

5.0

• posted on 18 Mar 2022

4.0

for Salary and Benefits

Likes

Hi here is very comfortable policy to cover a middle class family. And loan process tat only 7days. Pmay scheme is very helpful for low middle class family. And low ROI. Loyalty scheme it's a emi discount scheme we give Around 12 emi discount so we easily cover the customers. It's really good to working here.

Salary - Good

+6 more

Dislikes

Nill

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Shifting from Bangalore to Hyderabad

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Indostar Home Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Indostar Home Finance ?

The average salary of a Cluster Credit Manager at Indostar Home Finance in India typically ranges from ₹5.6 Lakhs to ₹10.8 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Cluster Credit Manager at Indostar Home Finance earn more than ₹10.6 Lakhs per year, and the top 1% earn over ₹10.8 Lakhs per year. Cluster Credit Manager Salaries at Indostar Home 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 10+ Indostar Home Finance employees in India.

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

The estimated take-home salary of a Cluster Credit Manager at Indostar Home Finance in India typically ranges from ₹62,295 to ₹63,877 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from 5 years 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 10+ salaries received from various employees of Indostar Home Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

AU Small Finance Bank	₹6.6 Lakhs to ₹24.3 Lakhs per year
Bajaj Finserv	₹6.5 Lakhs to ₹14.0 Lakhs per year
Edelweiss	₹10.0 Lakhs to ₹14.3 Lakhs per year
Motilal Oswal Financial Services	₹5.8 Lakhs to ₹11.7 Lakhs per year

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

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

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

Hinduja Housing Finance

₹3.4 Lakhs to ₹9.2 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 Cluster Credit Manager at Indostar Home Finance in India?

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

Experience	Average Salary Range
5 years	₹7.2 Lakhs to ₹14.3 Lakhs per year
6 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
7 years	₹5.6 Lakhs to ₹14.7 Lakhs per year
8 years	₹5.6 Lakhs to ₹10.8 Lakhs per year

and so on.

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Indostar Home Finance Cluster Credit Manager Salaries

Indostar Home Finance Cluster Credit Manager salary in India ranges between ₹5.6 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Indostar Home Finance latest salaries received from various employees of Indostar Home Finance.