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Navachetana Microfinance Services Credit Manager salaries in India

Annual salary range
7 - 9 years exp.
₹3 Lakhs - ₹5.8 Lakhs
Salary of majority employees
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46% less than the average Credit Manager Salary in Financial Services Companies for 7 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Finance & Accounting
Credit Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Navachetana Microfinance Services for Credit Manager

Company name Avg Annual Salary Open Jobs
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Roha Housing Finance Credit Manager Salary

5 - 10 years exp. (35 salaries)

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₹3.6 L/yr - ₹7.5 L/yr

arrow icon 24% more
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Profectus Capital Credit Manager Salary

0 - 8 years exp. (20 salaries)

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₹8 L/yr - ₹15 L/yr

arrow icon 180% more
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Dmi Housing Finance Credit Manager Salary

3 - 10 years exp. (16 salaries)

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₹4.4 L/yr - ₹8 L/yr

arrow icon 43% more
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Indostar Home Finance Credit Manager Salary

4 - 11 years exp. (9 salaries)

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₹3.5 L/yr - ₹12 L/yr

arrow icon 69% more
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Reliance Money Credit Manager Salary

5 - 15 years exp. (7 salaries)

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₹6.8 L/yr - ₹10 L/yr

arrow icon 108% more
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₹4.3 L/yr - ₹5.6 L/yr

arrow icon 14% more
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KredX Credit Manager Salary

3 - 5 years exp. (4 salaries)

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₹7.7 L/yr - ₹12 L/yr

arrow icon 113% more
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₹4.6 L/yr - ₹7.8 L/yr

arrow icon 55% more
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Bss Microfinance Credit Manager Salary

6 - 8 years exp. (3 salaries)

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₹4.7 L/yr - ₹7.2 L/yr

arrow icon 33% more
Credit Manager salary at Navachetana Microfinance Services ranges between ₹3 Lakhs to ₹5.8 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Navachetana Microfinance Services.

Latest annual salaries shared by Navachetana Microfinance Services Credit Manager

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8 years exp.
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8 years exp.
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7 years exp.
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7 years exp.
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8 years exp.

Experience wise Navachetana Microfinance Services Credit Manager salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
8 years  (3 salaries)

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₹3.5 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr

Similar Designation salaries in Navachetana Microfinance Services

Branch Manager Salary
(9 salaries)
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₹2.5 L/yr - ₹5 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
Sales Manager Salary
(3 salaries)
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₹2.2 L/yr - ₹2.5 L/yr
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₹1.2 L/yr - ₹3.25 L/yr
Credit Executive Salary
(AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr
Assistant Credit Manager Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Navachetana Microfinance Services

3.4

Rated by 4 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 21 Apr 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. 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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 11 Feb 2023

1.0
 for  Salary and Benefits

Likes

Team work.

Dislikes

I left the work 45 Day complete but still My salary, railway in letter and experience letter.. no incentive, yearly basis no hike the salary I think so many employees F & F is pending 450 above and no life insurance on work no satisfaction, no benefit in future...

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Navachetana Microfinance Services Credit Manager Salary FAQs

What is the salary of Credit Manager at Navachetana Microfinance Services ?
The average salary of a Credit Manager at Navachetana Microfinance Services in India typically ranges from ₹3.0 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 7 years to 9 years).

The top 10% of Credit Manager at Navachetana Microfinance Services earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. Credit Manager Salaries at Navachetana Microfinance Services 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 6 Navachetana Microfinance Services employees in India.
What is the estimated take home salary of a Credit Manager at Navachetana Microfinance Services in India?
The estimated take-home salary of a Credit Manager at Navachetana Microfinance Services in India typically ranges from ₹31,605 to ₹32,896 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 7 years to 9 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 6 salaries received from various employees of Navachetana Microfinance Services. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Navachetana Microfinance Services for Credit Manager in India?
Profectus Capital ₹8.0 Lakhs to ₹15.0 Lakhs per year
KredX ₹7.7 Lakhs to ₹12.0 Lakhs per year
Reliance Money ₹6.8 Lakhs to ₹10.0 Lakhs per year
Indostar Home Finance ₹3.5 Lakhs to ₹12.0 Lakhs per year
Karvy Financial Services ₹4.6 Lakhs to ₹7.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Navachetana Microfinance Services, depending on the role and experience level.
What is the salary of a Credit Manager in companies similar to Navachetana Microfinance Services in India?
The salary of a Credit Manager at companies similar to Navachetana Microfinance Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Dmi Housing Finance ₹4.4 Lakhs to ₹8.0 Lakhs per year
Bss Microfinance ₹4.7 Lakhs to ₹7.2 Lakhs per year
Roha Housing Finance ₹3.6 Lakhs to ₹7.5 Lakhs per year
ART Housing Finance (India) ₹4.3 Lakhs to ₹5.6 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 Credit Manager at Navachetana Microfinance Services in India?
The salary growth for a Credit Manager at Navachetana Microfinance Services depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Navachetana Microfinance Services:

Experience Average Salary Range
7 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
8 years ₹3.5 Lakhs to ₹4.6 Lakhs per year
9 years ₹4.9 Lakhs to ₹6.3 Lakhs per year
and so on.

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Navachetana Microfinance Services Credit Manager salary in India ranges between ₹3 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Navachetana Microfinance Services latest salaries received from various employees of Navachetana Microfinance Services.