Indostar Home Finance Cluster Credit Manager Salaries by 10+ Employees (Updated 2025)

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
Piramal Capital Housing Finance Cluster Credit Manager Salary 6 - 20 years exp. (75 salaries)	₹7.7 L/yr - ₹19.7 L/yr 75% more
Edelweiss Cluster Credit Manager Salary 3 - 6 years exp. (9 salaries)	₹10 L/yr - ₹14.3 L/yr 49% more
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HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 23% less
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (17 salaries)	₹12.3 L/yr - ₹22 L/yr 95% more
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 4% more
Tata Capital Cluster Credit Manager Salary 4 - 21 years exp. (6 salaries)	₹10.7 L/yr - ₹17 L/yr 68% more
Bajaj Finserv Cluster Credit Manager Salary 4 - 6 years exp. (4 salaries)	₹6.5 L/yr - ₹14 L/yr 56% more
Motilal Oswal Financial Services Cluster Credit Manager Salary 8 - 12 years exp. (4 salaries)	₹5.8 L/yr - ₹11.7 L/yr 5% 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

(73 salaries)

₹2.4 L/yr - ₹4 L/yr

Credit Officer Salary

(7 salaries)

₹2.8 L/yr - ₹3.8 L/yr

Branch Manager Salary

(32 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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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Indostar Home Finance Cluster Credit Manager Salary FAQs

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

Cluster Credit Manager salary at Indostar Home Finance in India ranges between ₹5.6 Lakhs to ₹10.8 Lakhs for experience between 5 years to 10 years. According to our estimates it is 16% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Indostar Home Finance India.

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

The average salary of a Cluster Credit Manager at Indostar Home Finance is 16% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

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

Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹22.0 Lakhs per year
Piramal Capital Housing Finance Cluster Credit Manager Salary - ₹7.7 Lakhs to ₹19.7 Lakhs per year
Tata Capital Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹17.0 Lakhs per year
Bajaj Finserv Cluster Credit Manager Salary - ₹6.5 Lakhs to ₹14.0 Lakhs per year
Edelweiss Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹14.3 Lakhs per year

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

Motilal Oswal Financial Services Cluster Credit Manager Salary - ₹5.8 Lakhs to ₹11.7 Lakhs per year
Mahindra Finance Cluster Credit Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Cluster Credit Manager Salary - ₹3.6 Lakhs to ₹9.8 Lakhs per year

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 ranges between ₹62,295 per month to ₹63,877 per month in India. The take-home salary calculation is based on the average Indostar Home Finance Cluster Credit Manager salary in India which ranges between ₹5.6 Lakhs to ₹10.8 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Indostar Home Finance Cluster Credit Managers reported a notice period of 3 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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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.