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Magma Housing Finance Deputy Credit Manager salaries in India

Annual salary range
6 - 12 years exp.
₹6.5 Lakhs - ₹8.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
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Last Updated: 11 Mar 2023

Companies similar to Magma Housing Finance for Deputy Credit Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Deputy Credit Manager Salary

0 - 8 years exp. (134 salaries)

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₹3.5 L/yr - ₹8.3 L/yr

arrow icon 20% less
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₹6 L/yr - ₹8.3 L/yr

arrow icon 9% more
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Bajaj Finserv Deputy Credit Manager Salary

1 - 7 years exp. (17 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 34% less
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₹4 L/yr - ₹6.8 L/yr

arrow icon 29% less
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Muthoot Group Deputy Credit Manager Salary

7 - 10 years exp. (3 salaries)

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₹5 L/yr - ₹5.5 L/yr

arrow icon 30% less
Deputy Credit Manager salary at Magma Housing Finance ranges between ₹6.5 Lakhs to ₹8.3 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of Magma Housing Finance.

Similar Designation salaries in Magma Housing Finance

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₹8.05 L/yr - ₹13.8 L/yr
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₹4.7 L/yr - ₹12.5 L/yr
Zonal Credit Manager Salary
(AmbitionBox Estimate)
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₹31.5 L/yr - ₹40.3 L/yr
Cluster Credit Manager Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
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₹20 L/yr - ₹24.9 L/yr
Credit Manager Salary
(14 salaries)
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₹3.5 L/yr - ₹10.5 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
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₹3.8 L/yr - ₹5.55 L/yr
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₹3 L/yr - ₹3.2 L/yr
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₹2.4 L/yr - ₹5.15 L/yr

Salary related reviews for Magma Housing Finance

Finance & Accounting Department

3.0
  •  posted on 30 Jun 2022

3.0
 for  Salary and Benefits

Likes

Team work and learning experience was really good for a fresher. Politics was the worst one especially by the senior managers.

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Dislikes

Politics especially by the senior managers. Few of them even harassed their subordinates.

Finance & Accounting Department

3.0
  •  posted on 18 May 2021

2.0
 for  Salary and Benefits

Likes

Job security is there but not growth. You will learn many things in first two years.

Dislikes

Depends on department to department. Poor work culture, higher management will give u lots of work by saying you are senior and you have to manage alone the task of two. Poor team management, seniors will put unnecessary pressure. No good compensation, no leadership quality in bosses. Repetitive and laborious job. No one talks about new idea. Your suggestions will not be consider in front of seniors.

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Housing Finance Department

5.0
  •  posted on 23 Aug 2020

5.0
 for  Salary and Benefits

Likes

Magma housing finance working culture are good with 100% job satisfaction and job security. Magma help during Covid - 19 lock down through work from home to all employee and after lock down learn all security point like keep mask, keep 3 feet distance, hand wash etc all paint remember to all employee par day. Also Magma housing finance donate some fund in PM Covid - 19 fund which is help for Covid patent. THANKS TO MAGMA FOR GETTING THIS OPPORTUNITY TO ME

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Dislikes

Sorry no dislike things

Other Department

1.0
  •  posted on 11 Oct 2020

1.0
 for  Salary and Benefits

Likes

No supporting any employee. Only marketing publicity found transfer for pm account. With employee curshel situation covid19 time. my personal.

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Dislikes

Magma company is super competaion to banks.but heads is very dangers, politics,

Home Loan Department

5.0
  •  posted on 22 Jun 2020

5.0
 for  Salary and Benefits

Likes

The company is adaptive toward new and updated technology and changes with the current scenario. Teach a lot to the employee about the policies, work enhancement by their training sessions and empower them to give their best.

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Dislikes

Company have decent schedule and work culture but not respected and practice by the team. Late night working, holidays forcefully working, more then 12 hours working, office politics, etc

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Magma Housing Finance Deputy Credit Manager salary in India ranges between ₹6.5 Lakhs to ₹8.3 Lakhs. This is an estimate based on latest salaries received from employees of Magma Housing Finance.