Motilal Oswal Home Finance Bangalore / Bengaluru Cluster Credit Manager Salaries by 4 Employees

9 - 14 years exp.

₹7.5 Lakhs - ₹12.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Cluster Credit Manager Salary in Financial Services Companies for 9 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 9 - 10 years exp. (3 salaries)	₹7.5 L/yr - ₹9.6 L/yr
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Finance & Accounting Cluster Credit Manager Salary 14 years exp. (AmbitionBox Estimate)	₹11.4 L/yr - ₹12.1 L/yr

Last Updated: 25 Feb 2024

Companies similar to Motilal Oswal Home Finance for Cluster Credit Manager in Bangalore / Bengaluru

Motilal Oswal Home Finance Cluster Credit Manager Salary

9 - 14 years exp. (4 salaries)

₹7.5 L/yr - ₹12.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Cluster Credit Manager Salary 5 - 12 years exp. (8 salaries)	₹5.6 L/yr - ₹11.5 L/yr 2% less
Hinduja Housing Finance Cluster Credit Manager Salary 1 - 8 years exp. (6 salaries)	₹4.4 L/yr - ₹5.7 L/yr 41% less	4 job openings
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Piramal Capital Housing Finance Cluster Credit Manager Salary 7 - 11 years exp. (6 salaries)	₹12.3 L/yr - ₹15 L/yr 50% more
IIFL SAMASTA Cluster Credit Manager Salary 7 - 11 years exp. (5 salaries)	₹6 L/yr - ₹9.6 L/yr 8% less
Equitas Small Finance Bank Cluster Credit Manager Salary 6 - 15 years exp. (5 salaries)	₹6.2 L/yr - ₹10 L/yr 11% less

Cluster Credit Manager salary at Motilal Oswal Home Finance ranges between ₹7.5 Lakhs to ₹12.1 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Motilal Oswal Home Finance.

Experience wise Motilal Oswal Home Finance Cluster Credit Manager salaries in Bangalore / Bengaluru

Last Updated: 25 Feb 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.7 L/yr
10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
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11 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
12 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
14 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

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Salary related reviews for Motilal Oswal Home Finance

Cluster Credit Manager in Chennai

BFSI, Investments & Trading Department

3.0

• posted on 20 May 2022

3.0

for Salary and Benefits

Likes

Salary and bonus. When other companies delay it, they give it in April month. Hike also good hike YOY basis.

Dislikes

Work like balance. There is no operation team, most work done by credit. No work life balance, not in Sundays also.

Skill development - Poor

+4 more

Relationship Manager in Mayur Vihar Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 01 Jun 2022

4.0

for Salary and Benefits

Likes

...is no need to go office everyday when you have any work then manage accordingly. Timely salary of every month

Salary - Good

+3 more

Dislikes

It's new company so policy are not good according to the market, broker payout not given timely, medical insurance amount give only 1 lakh, no convance for RM

Relationship Manager

Sales Department

5.0

• posted on 31 Dec 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.i love the fact that i am a part of a team that marketareliable,

Salary - Excellent

+3 more

Dislikes

Compensation is decent, nut growth is slow.i have to work in all days in week not support to the salesteam in credit side.

Job security - Poor

Credit Executive in Jalgaon

finance Department

4.0

• posted on 02 Feb 2018

4.0

for Salary and Benefits

Likes

Aspire housing finance is the fastest growing company in the short period with company principles and policy, and they provided to each and every his employee online induction programmes for the solve each and every employee problems and solution.

Salary - Good

+6 more

Dislikes

salary deduction

Underwriting Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Apr 2024

3.0

for Salary and Benefits

Likes

Good Friendly Working Environment. People are Cooperative.

Job security - Good

+1 more

Dislikes

Learning Opportunities are not that good as compared to other NBFCs. Salary can be the issue for few individuals, if they are on high packages as of now.

Skill development - Poor

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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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Motilal Oswal Home Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Motilal Oswal Home Finance in Bangalore / Bengaluru?

The average salary of a Cluster Credit Manager at Motilal Oswal Home Finance in Bangalore / Bengaluru typically ranges from ₹7.5 Lakhs to ₹12.1 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Cluster Credit Manager in Bangalore / Bengaluru at Motilal Oswal Home Finance earn more than ₹12.1 Lakhs per year, and the top 1% earn over ₹12.1 Lakhs per year. Cluster Credit Manager Salaries at Motilal Oswal Home 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 Motilal Oswal Home Finance employees in India.

What is the estimated take home salary of a Cluster Credit Manager at Motilal Oswal Home Finance in Bangalore / Bengaluru?

The estimated take-home salary of a Cluster Credit Manager at Motilal Oswal Home Finance in Bangalore / Bengaluru typically ranges from ₹68,794 to ₹70,559 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹12.1 Lakhs per year for employees with experience ranging from 9 years to 14 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 Motilal Oswal Home Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Motilal Oswal Home Finance for Cluster Credit Manager in India?

Piramal Capital Housing Finance

₹12.3 Lakhs to ₹15.0 Lakhs per year

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

What is the salary of a Cluster Credit Manager in companies similar to Motilal Oswal Home Finance in Bangalore / Bengaluru?

The salary of a Cluster Credit Manager at companies similar to Motilal Oswal Home Finance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ujjivan Small Finance Bank	₹5.6 Lakhs to ₹11.5 Lakhs per year
IIFL SAMASTA	₹6.0 Lakhs to ₹9.6 Lakhs per year
Equitas Small Finance Bank	₹6.2 Lakhs to ₹10.0 Lakhs per year
Hinduja Housing Finance	₹4.4 Lakhs to ₹5.7 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 Cluster Credit Manager at Motilal Oswal Home Finance in Bangalore / Bengaluru?

The salary growth for a Cluster Credit Manager at Motilal Oswal Home Finance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager in Bangalore / Bengaluru can expect the following growth trajectory at Motilal Oswal Home Finance:

Experience	Average Salary Range
9 years	₹8.3 Lakhs to ₹10.7 Lakhs per year
10 years	₹8.5 Lakhs to ₹10.8 Lakhs per year
11 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
12 years	₹8.7 Lakhs to ₹11.2 Lakhs per year

and so on.

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Motilal Oswal Home Finance Cluster Credit Manager Salaries in Bangalore / Bengaluru

Motilal Oswal Home Finance Cluster Credit Manager salary in Bangalore / Bengaluru ranges between ₹7.5 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Motilal Oswal Home Finance latest salaries received from various employees of Motilal Oswal Home Finance.

Motilal Oswal Home Finance Cluster Credit Manager salaries in Bangalore / Bengaluru

Companies similar to Motilal Oswal Home Finance for Cluster Credit Manager in Bangalore / Bengaluru

Latest annual salaries shared by Motilal Oswal Home Finance Cluster Credit Manager in Bangalore / Bengaluru

Experience wise Motilal Oswal Home Finance Cluster Credit Manager salaries in Bangalore / Bengaluru

Salary related reviews for Motilal Oswal Home Finance

Cluster Credit Manager in Chennai

Relationship Manager in Mayur Vihar Delhi

Relationship Manager

Credit Executive in Jalgaon

Underwriting Manager in New Delhi

Motilal Oswal Home Finance Cluster Credit Manager Salary FAQs

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