Nabard Financial Services Credit Manager Salaries by 3 Employees

0 - 9 years exp.

₹3.6 Lakhs - ₹7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

36% less than the average Credit Manager Salary in NBFC Companies for 0 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Finance & Accounting Credit Manager Salary Fresher (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 3 Oct 2024

Companies similar to Nabard Financial Services for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Credit Manager Salary 1 - 10 years exp. (277 salaries)	₹2.5 L/yr - ₹8.5 L/yr 18% more	6 job openings
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (194 salaries)	₹4 L/yr - ₹13.9 L/yr 69% more
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IIFL Finance Credit Manager Salary 0 - 10 years exp. (178 salaries)	₹2.3 L/yr - ₹10.2 L/yr 21% more
Poonawalla Fincorp Credit Manager Salary 0 - 9 years exp. (152 salaries)	₹4.2 L/yr - ₹11.6 L/yr 48% more
Ugro Capital Credit Manager Salary 4 - 11 years exp. (154 salaries)	₹3.2 L/yr - ₹10.7 L/yr 28% more
Shriram Finance Credit Manager Salary 0 - 12 years exp. (138 salaries)	₹1.8 L/yr - ₹10.4 L/yr 9% more	2 job openings
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (119 salaries)	₹3.9 L/yr - ₹12 L/yr 60% more
PNB Housing Finance Credit Manager Salary 0 - 13 years exp. (95 salaries)	₹4.9 L/yr - ₹12.1 L/yr 76% more
Mahindra Finance Credit Manager Salary 1 - 14 years exp. (113 salaries)	₹2.7 L/yr - ₹13 L/yr 51% more
L&T Finance Credit Manager Salary 1 - 10 years exp. (96 salaries)	₹3.3 L/yr - ₹14 L/yr 64% more
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (84 salaries)	₹2 L/yr - ₹8.5 L/yr 6% less
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Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (72 salaries)	₹3 L/yr - ₹9 L/yr 6% more
Muthoot Finance Credit Manager Salary 0 - 12 years exp. (74 salaries)	₹3 L/yr - ₹7.2 L/yr 2% less	1 job opening
Electronica Finance Credit Manager Salary 3 - 10 years exp. (49 salaries)	₹2.5 L/yr - ₹10.1 L/yr 7% more	2 job openings
MAS Financial Services Credit Manager Salary 2 - 8 years exp. (42 salaries)	₹2.3 L/yr - ₹9.7 L/yr 26% more
Capri Global Capital Credit Manager Salary 2 - 10 years exp. (25 salaries)	₹3.4 L/yr - ₹10.2 L/yr 21% more
IKF Finance Credit Manager Salary 1 - 12 years exp. (19 salaries)	₹3 L/yr - ₹6.7 L/yr 12% more
Five-Star Business Finance Credit Manager Salary 2 - 7 years exp. (20 salaries)	₹2.5 L/yr - ₹5.8 L/yr 36% less
Kogta Financial India Limited Credit Manager Salary 4 - 10 years exp. (19 salaries)	₹3.1 L/yr - ₹6.6 L/yr 3% less
Ess Kay Fincorp Credit Manager Salary 2 - 10 years exp. (19 salaries)	₹2.4 L/yr - ₹5.9 L/yr 17% less	1 job opening

View all

Credit Manager salary at Nabard Financial Services ranges between ₹3.6 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Nabard Financial Services.

Experience wise Nabard Financial Services Credit Manager salaries

Last Updated: 3 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Nabard Financial Services

Credit Officer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Branch Manager Salary

(21 salaries)

₹3 L/yr - ₹7 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Sales Officer Salary

(3 salaries)

₹2.4 L/yr - ₹2.5 L/yr

Officer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Senior Associate Salary

(3 salaries)

₹6 L/yr - ₹19 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Salary related reviews for Nabard Financial Services

5.0

Rated by 1 employees for salary & benefits

Customer Service Officer in Vaikom

Full Time

Marketing & Communication Department

3.0

• posted on 03 Nov 2023

5.0

for Salary and Benefits

Likes

Salary and other benefits are much better than other companies

Salary - Excellent

+2 more

Dislikes

* if there is any problem Discuss with the lower level employee or concern employee what the problem is,and take action. * It department and softwere need to improve * need to improve qr facility and online payment

Job security - Bad

+1 more

Branch Head in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Nov 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. Plus point is that my colleague come from various cultural backgrounds, and we work happily in collaboration.

Salary - Good

+6 more

Dislikes

Compensation is decent but growth is slow.

Branch Head in Kolhapur

Contractual

Customer Success, Service & Operations Department

3.0

• posted on 24 Nov 2023

4.0

for Salary and Benefits

Likes

Salary & Other Staff Benifits are best.

Salary - Good

Dislikes

Don't Work in Kolhapur Region, Maharashtra. Regional Manager & Cluster Manager every time force to staff for working in holiday. They are force for work late night. Other wise they are force for resignation. Very third class language using for staff. Humanity not available. HR Not Supported. In current year total 7 Branch Manager, 5 ABM & 9 to 10 Field Staff resigned.

Skill development - Bad

+5 more

Customer Service Officer in Buguda

Finance & Accounting Department

5.0

• posted on 30 May 2022

5.0

for Salary and Benefits

Likes

Talk about job security, work culture. Management,

Salary - Excellent

+6 more

Dislikes

Three 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 after which you cannot resign. On the job training is not given to new joinees.

Manager in Bangalore / Bengaluru

Sales & Operations Department

1.0

• posted on 18 Jun 2021

1.0

for Salary and Benefits

Likes

Pays more salary than non-registered and fraudulent MFIs

Dislikes

Pays one of the lowest salaries in the industry. No scope of growth for any position. No ownership of management towards growth of employees or organizations. Management is from NABARD and considers non NABARDIAN staffs as charity employment. Needs multiple changes in its structure and intent and then would become an unstoppable force.

Salary - Bad

+6 more

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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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Nabard Financial Services Credit Manager Salary FAQs

How the salary growth look like for a Credit Manager at Nabard Financial Services in India?

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

Experience	Average Salary Range
Fresher	₹6.3 Lakhs to ₹8.0 Lakhs per year
7 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
9 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Nabard Financial Services Credit Manager Salaries

Nabard Financial Services Credit Manager salary in India ranges between ₹3.6 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Nabard Financial Services latest salaries received from various employees of Nabard Financial Services.