L&T Finance Ahmedabad Credit Manager Salaries by 3 Employees

5 - 7 years exp.

₹6 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Credit Manager Salary in NBFC Companies for 5 - 7 years of experience

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Last Updated: 15 Sep 2024

Companies similar to L&T Finance for Credit Manager in Ahmedabad

L&T Finance Credit Manager Salary

5 - 7 years exp. (3 salaries)

₹6 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Ugro Capital Credit Manager Salary 4 - 9 years exp. (23 salaries)	₹3.6 L/yr - ₹5.9 L/yr 35% less
MAS Financial Services Credit Manager Salary 3 - 8 years exp. (19 salaries)	₹5.2 L/yr - ₹12 L/yr 12% more
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Aavas Financiers Credit Manager Salary 2 - 9 years exp. (12 salaries)	₹4.2 L/yr - ₹7 L/yr 25% less	5 job openings
Kotak Mahindra Prime Credit Manager Salary 1 - 7 years exp. (8 salaries)	₹5.9 L/yr - ₹12 L/yr 15% more
Poonawalla Fincorp Credit Manager Salary 2 - 9 years exp. (7 salaries)	₹4.3 L/yr - ₹11.3 L/yr 5% less
Tata Capital Housing Finance Credit Manager Salary 7 - 13 years exp. (6 salaries)	₹7.5 L/yr - ₹11 L/yr 23% more
Shriram Finance Credit Manager Salary 5 - 10 years exp. (6 salaries)	₹3.2 L/yr - ₹9.5 L/yr 13% less	2 job openings
LendingKart Credit Manager Salary 3 - 9 years exp. (4 salaries)	₹5 L/yr - ₹10.5 L/yr 1% less
Mahindra Rural Housing Finance Credit Manager Salary 1 - 7 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 42% less
Electronica Finance Credit Manager Salary 4 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹5.1 L/yr 42% less	1 job opening
Sammaan Capital Limited Credit Manager Salary 3 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr 33% less
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Credit Manager salary at L&T Finance ranges between ₹6 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Credit Manager salaries in Ahmedabad

Last Updated: 15 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
6 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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7 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr

Similar Designation salaries in L&T Finance

Sales Manager Salary

(4 salaries)

₹4.8 L/yr - ₹6.74 L/yr

Area Credit Manager Salary

(4 salaries)

₹11.85 L/yr - ₹14.16 L/yr

Top skills at L&T Finance for Credit Manager

Financial Statements Credit Appraisal Credit Policy Credit Analysis Credit Management Relationship Management Compliance Medical Underwriting Credit Underwriting Credit Underwriting Credit Risk Modelling Debt Recovery Risk Assessment SME Finance Credit Management

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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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L&T Finance Credit Manager Salary FAQs

How the salary growth look like for a Credit Manager at L&T Finance in Ahmedabad?

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

Experience	Average Salary Range
5 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
6 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
7 years	₹7.4 Lakhs to ₹9.5 Lakhs per year

and so on.

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L&T Finance Credit Manager Salaries in Ahmedabad

L&T Finance Credit Manager salary in Ahmedabad ranges between ₹6 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 L&T Finance latest salaries received from various employees of L&T Finance.