Manappuram Finance Senior Manager Credit Salaries by 4 Employees

6 - 10 years exp.

₹7.8 Lakhs - ₹11.7 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Senior Manager Credit Salary in NBFC Companies for 6 - 10 years of experience

Interested in this particular role?

Last Updated: 17 Mar 2023

Companies similar to Manappuram Finance for Senior Manager Credit

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SMFG India Credit Senior Manager Credit Salary 6 - 15 years exp. (102 salaries)	₹6.1 L/yr - ₹19.5 L/yr 31% more
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Aavas Financiers Senior Manager Credit Salary 1 - 12 years exp. (19 salaries)	₹5.2 L/yr - ₹15 L/yr 14% more
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TVS Credit Senior Manager Credit Salary 10 - 15 years exp. (10 salaries)	₹9.8 L/yr - ₹20.4 L/yr 96% more
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Poonawalla Fincorp Senior Manager Credit Salary 1 - 11 years exp. (5 salaries)	₹8.4 L/yr - ₹17 L/yr 47% more
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IIFL Finance Senior Manager Credit Salary 1 - 14 years exp. (4 salaries)	₹8 L/yr - ₹9.4 L/yr 6% more
Five-Star Business Finance Senior Manager Credit Salary 4 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹5 L/yr 44% less
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LendingKart Senior Manager Credit Salary 5 - 8 years exp. (3 salaries)	₹5.6 L/yr - ₹11 L/yr 7% more
Mahindra Rural Housing Finance Senior Manager Credit Salary 5 - 14 years exp. (3 salaries)	₹9 L/yr - ₹27.5 L/yr 102% more
Mahindra Finance Senior Manager Credit Salary 4 - 7 years exp. (3 salaries)	₹12 L/yr - ₹16.8 L/yr 77% more
Spandana Sphoorty Financial Senior Manager Credit Salary 16 - 17 years exp. (3 salaries)	₹8.8 L/yr - ₹11.2 L/yr 15% more

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Senior Manager Credit salary at Manappuram Finance ranges between ₹7.8 Lakhs to ₹11.7 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Senior Manager Credit salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9.1 L/yr
7 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
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8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11.1 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11.7 L/yr

Similar Designation salaries in Manappuram Finance

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(AmbitionBox Estimate)

₹8 L/yr - ₹10.2 L/yr

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₹3 L/yr - ₹6 L/yr

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₹3 L/yr - ₹6.5 L/yr

Chief Manager Salary

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₹4.5 L/yr - ₹12 L/yr

Branch Manager Salary

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Senior Associate Salary

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Credit Underwriter Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Credit Analyst Salary

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Area Credit Manager Salary

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₹4.2 L/yr - ₹5.4 L/yr

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₹2.4 L/yr - ₹6 L/yr

Salary related reviews for Manappuram Finance

3.0

Rated by 1 employees for salary & benefits

Branch Manager in Yadgiri

Finance & Accounting Department

5.0

• posted on 15 Dec 2021

3.0

for Salary and Benefits

Likes

It's a good company good incentive given and salary given and every year bonus also given.

Job security - Good

+1 more

Dislikes

It's very toff to new joining employees because there is no training to employees all training BH given to employees and any issue is there not solved immediately.

Branch Manager in Ahmedabad

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...anagement is politics. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Branch Manager in Bangalore / Bengaluru

Gold department Department

3.0

• posted on 15 May 2021

1.0

for Salary and Benefits

Likes

worked as assistant branch manager, good environment with staff.

Job security - Good

Dislikes

Taking risks and also a Less salary only 10k in hand and almost salary is deducted. And their is no incentive and no holidays even in festivals like ramzan , dewali branch must be open and no timing rules need work from 9.30 to 8pm . And also no compensation for petrol allowence . Please don't join to this company never ever.

Salary - Bad

+5 more

Branch Manager in Solapur

BFSI, Investments & Trading Department

2.0

• posted on 08 Feb 2019

3.0

for Salary and Benefits

Likes

Leave facilities with compensation, Trainings and demos, Salary is average level but not so poor, Fast growth as in designation.

Dislikes

No job security, politics, no innovations and motivations, Not proper official culture.

Skill development - Poor

+4 more

Credit Manager in Thrissur

BFSI, Investments & Trading Department

1.0

• posted on 27 Mar 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Company is running like a proprietary concern. No job security and your salary can be on hold anytime for no reason. No proper product policy, process flow related to work. You can be transferred to any part of India anytime without proper notice. Major part of the salary will be taken back by company itself in the form of panality. Employees are not even allowed to raise complaints regarding any of these issues.

Salary - Bad

+6 more

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Manappuram Finance Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Manappuram Finance ?

The average salary of a Senior Manager Credit at Manappuram Finance in India typically ranges from ₹7.8 Lakhs to ₹11.7 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Senior Manager Credit at Manappuram Finance earn more than ₹11.7 Lakhs per year, and the top 1% earn over ₹11.7 Lakhs per year. Senior Manager Credit Salaries at Manappuram 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 4 Manappuram Finance employees in India.

What is the estimated take home salary of a Senior Manager Credit at Manappuram Finance in India?

The estimated take-home salary of a Senior Manager Credit at Manappuram Finance in India typically ranges from ₹62,088 to ₹63,664 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹11.7 Lakhs per year for employees with experience ranging from 6 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 4 salaries received from various employees of Manappuram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Manappuram Finance for Senior Manager Credit in India?

Mahindra Rural Housing Finance	₹9.0 Lakhs to ₹27.5 Lakhs per year
TVS Credit	₹9.8 Lakhs to ₹20.4 Lakhs per year
Sundaram Finance	₹11.0 Lakhs to ₹25.0 Lakhs per year
Tata Capital Housing Finance	₹9.0 Lakhs to ₹26.5 Lakhs per year
Mahindra Finance	₹12.0 Lakhs to ₹16.8 Lakhs per year

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

What is the salary of a Senior Manager Credit in companies similar to Manappuram Finance in India?

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

L&T Finance	₹8.0 Lakhs to ₹24.3 Lakhs per year
PNB Housing Finance	₹10.4 Lakhs to ₹16.0 Lakhs per year
Poonawalla Fincorp	₹8.4 Lakhs to ₹17.0 Lakhs per year
Capri Global Capital	₹11.0 Lakhs to ₹16.5 Lakhs per year
Kotak Mahindra Prime	₹7.5 Lakhs to ₹14.5 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 Senior Manager Credit at Manappuram Finance in India?

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

Experience	Average Salary Range
6 years	₹3.4 Lakhs to ₹9.1 Lakhs per year
7 years	₹7.8 Lakhs to ₹10.0 Lakhs per year
8 years	₹3.5 Lakhs to ₹9.2 Lakhs per year
9 years	₹3.6 Lakhs to ₹11.1 Lakhs per year

and so on.

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Manappuram Finance Senior Manager Credit Salaries

Manappuram Finance Senior Manager Credit salary in India ranges between ₹7.8 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Manappuram Finance latest salaries received from various employees of Manappuram Finance.