JM Financial Credit Manager Salaries by 6 Employees

3 - 9 years exp.

₹3.6 Lakhs - ₹8.6 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Credit Manager Salary in Financial Services Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 9 years exp. (3 salaries)	₹4.3 L/yr - ₹8.6 L/yr
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Finance & Accounting Credit Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.6 L/yr

Last Updated: 16 Oct 2024

Companies similar to JM Financial for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (383 salaries)	₹2.5 L/yr - ₹8.5 L/yr 8% less
Aditya Birla Capital Credit Manager Salary 3 - 10 years exp. (150 salaries)	₹4 L/yr - ₹10.4 L/yr 16% more
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Edelweiss Credit Manager Salary 0 - 8 years exp. (141 salaries)	₹2.7 L/yr - ₹12 L/yr 7% more
Magma Housing Finance Credit Manager Salary 2 - 10 years exp. (14 salaries)	₹3.5 L/yr - ₹10.5 L/yr 3% less
Srei Equipment Finance Credit Manager Salary 5 - 12 years exp. (8 salaries)	₹4 L/yr - ₹9.2 L/yr 3% more
Reliance Capital Credit Manager Salary 0 - 13 years exp. (7 salaries)	₹6 L/yr - ₹8.4 L/yr 12% more
Religare Finvest Credit Manager Salary 0 - 6 years exp. (7 salaries)	₹6.7 L/yr - ₹14 L/yr 38% more
Sharekhan Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹8.3 L/yr 22% less
Motilal Oswal Financial Services Credit Manager Salary 0 - 13 years exp. (5 salaries)	₹5.1 L/yr - ₹6.5 L/yr 13% less
Wells Fargo Credit Manager Salary 2 - 11 years exp. (5 salaries)	₹7.7 L/yr - ₹25 L/yr 170% more
Muthoot Capital Services Credit Manager Salary 9 - 15 years exp. (4 salaries)	₹3.5 L/yr - ₹7.5 L/yr 5% less
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Motilal Oswal Credit Manager Salary 6 - 7 years exp. (4 salaries)	₹3.9 L/yr - ₹5.2 L/yr 30% less

Credit Manager salary at JM Financial ranges between ₹3.6 Lakhs to ₹8.6 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Credit Manager salaries

Last Updated: 16 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹10.6 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11.4 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11.8 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in JM Financial

Credit Officer Salary

(4 salaries)

₹2.25 L/yr - ₹3 L/yr

Area Credit Manager Salary

(9 salaries)

₹14 L/yr - ₹18 L/yr

Branch Manager Salary

(10 salaries)

₹5 L/yr - ₹9.61 L/yr

Deputy Manager Salary

(15 salaries)

₹4.75 L/yr - ₹9.3 L/yr

Chief Manager Salary

(3 salaries)

₹12.5 L/yr - ₹18 L/yr

Credit Analyst Salary

(5 salaries)

₹10.24 L/yr - ₹22 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Sales Manager Salary

(55 salaries)

₹3 L/yr - ₹7 L/yr

Branch Credit Manager Salary

(22 salaries)

₹4.1 L/yr - ₹7 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

₹29.7 L/yr - ₹37.9 L/yr

Salary related reviews for JM Financial

2.3

Rated by 2 employees for salary & benefits

Branch Credit Manager in Jaipur

Credit Risk Management Department

5.0

• posted on 13 Mar 2022

5.0

for Salary and Benefits

Likes

Comany is very good and they give chance to not just only people from big named colleges but to also who are from little known colleges but are highly skilled

Salary - Excellent

+6 more

Dislikes

Salary growth is less, and they have no differentiation in their service so it becomes very difficult to convincr customers to take loan from us than hdfc or any big bank or nbfc

Senior Software Developer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Sep 2024

1.0

for Salary and Benefits

Likes

salary on time

Dislikes

working here for few months now too much office politics, the deployment is never planned and entire process here is made unnecessarily complicated , too much favouritism like their fav ppl leaves are approved , no need of coming to office ontime or leaving early, dont fall for any review that says anything positive its not true and its not employee friendly, healthy working culture here, no body helps u with basic new joining stuff u need ,just wont recommend anyone fresher or exp to come, u need to be too good to handle all the politics thats all. manager and senior managers treats you like absolute slave. u grow here only if you are extremely good with politics , buttering the upper management no actual skills/intelligence needed. also no proper hierarchy is maintained here within team and organisation.

Salary - Bad

+5 more

Senior Executive in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 12 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...letely biased towards seniors. He only listens and accepts whatever seniors say. I will not recommend anyone to work here even if you are getting very good package just for the sake of your mental health

Salary - Bad

+5 more

Investment Banking Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

4.0

for Salary and Benefits

Likes

1. Higher compensation as compared to the Industry

Salary - Good

+1 more

Dislikes

1. Unnecessary work on weekends just because it is Investment Banking 2. Mandates come from top leadership....no real coverage banking 3. Highly rude, egoistic, insecure and envious people at top leadership 4. Exploitative behaviour, office politics, gossips, talking behind backs, etc. Won't recommend this even to my worst enemy

Skill development - Poor

+3 more

Associate in Mumbai

Full Time

Teaching & Training Department

1.0

• posted on 10 Nov 2023

2.0

for Salary and Benefits

Likes

There is one sun brand of JM financial name as Blinkx. Celebration of each festival was good.

Dislikes

...ou come to know that your expertise and your alloted profile is very different. Pathetic bonus return policy.

Salary - Poor

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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JM Financial Credit Manager Salary FAQs

What is the salary of Credit Manager at JM Financial ?

The average salary of a Credit Manager at JM Financial in India typically ranges from ₹3.6 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Credit Manager at JM Financial earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Credit Manager Salaries at JM Financial 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 JM Financial employees in India.

What is the estimated take home salary of a Credit Manager at JM Financial in India?

The estimated take-home salary of a Credit Manager at JM Financial in India typically ranges from ₹50,017 to ₹51,198 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 3 years to 9 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 JM Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than JM Financial for Credit Manager in India?

Wells Fargo	₹7.7 Lakhs to ₹25.0 Lakhs per year
Religare Finvest	₹6.7 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Capital	₹4.0 Lakhs to ₹10.4 Lakhs per year
Reliance Capital	₹6.0 Lakhs to ₹8.4 Lakhs per year
Edelweiss	₹2.7 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to JM Financial in India?

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

Srei Equipment Finance	₹4.0 Lakhs to ₹9.2 Lakhs per year
Magma Housing Finance	₹3.5 Lakhs to ₹10.5 Lakhs per year
Muthoot Capital Services	₹3.5 Lakhs to ₹7.5 Lakhs per year
Bajaj Finserv	₹2.5 Lakhs to ₹8.5 Lakhs per year
Motilal Oswal Financial Services	₹5.1 Lakhs to ₹6.5 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 JM Financial in India?

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

Experience	Average Salary Range
3 years	₹4.3 Lakhs to ₹10.6 Lakhs per year
4 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
5 years	₹3.6 Lakhs to ₹11.4 Lakhs per year
6 years	₹3.6 Lakhs to ₹11.8 Lakhs per year

and so on.

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JM Financial Credit Manager Salaries

JM Financial Credit Manager salary in India ranges between ₹3.6 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 JM Financial latest salaries received from various employees of JM Financial.