Nivara Home Finance Cluster Credit Manager Salaries by 4 Employees (Updated 2025)

5 - 8 years exp.

₹5.5 Lakhs - ₹7.2 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Cluster Credit Manager Salary in Financial Services Companies for 5 - 8 years of experience

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Last Updated: 6 Nov 2024

Companies similar to Nivara Home Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 8% more
Piramal Capital Housing Finance Cluster Credit Manager Salary 7 - 20 years exp. (78 salaries)	₹7.7 L/yr - ₹19.7 L/yr 144% more
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Dmi Housing Finance Cluster Credit Manager Salary 7 - 12 years exp. (7 salaries)	₹4.7 L/yr - ₹8.8 L/yr 25% more
Hinduja Housing Finance Cluster Credit Manager Salary 1 - 12 years exp. (271 salaries)	₹3.4 L/yr - ₹9.9 L/yr 3% more
AU Small Finance Bank Cluster Credit Manager Salary 5 - 14 years exp. (164 salaries)	₹6.7 L/yr - ₹22.7 L/yr 159% more

Cluster Credit Manager salary at Nivara Home Finance ranges between ₹5.5 Lakhs to ₹7.2 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Nivara Home Finance.

Experience wise Nivara Home Finance Cluster Credit Manager salaries

Last Updated: 6 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.8 L/yr
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7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.2 L/yr

Similar Designation salaries in Nivara Home Finance

Area Credit Manager Salary

(4 salaries)

₹7.5 L/yr - ₹10.8 L/yr

Deputy Credit Manager Salary

(13 salaries)

₹2.8 L/yr - ₹4 L/yr

Branch Credit Manager Salary

(14 salaries)

₹3.03 L/yr - ₹6.25 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Regional Credit Manager Salary

(3 salaries)

₹7 L/yr - ₹17 L/yr

Credit Manager Salary

(6 salaries)

₹2.55 L/yr - ₹5.1 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹25.2 L/yr - ₹32.2 L/yr

Relationship Manager Salary

(3 salaries)

₹2.5 L/yr - ₹14 L/yr

Credit Officer Salary

(15 salaries)

₹2.25 L/yr - ₹3 L/yr

Branch Manager Salary

(5 salaries)

₹3.6 L/yr - ₹6 L/yr

Top skills at Nivara Home Finance for Cluster Credit Manager

Credit Appraisal Credit Rating Credit Underwriting Credit Risk Management Credit Operations Credit Monitoring Credit Risk Analysis Credit Assessment Credit Processing Credit Evaluation Credit Policy

Salary related reviews for Nivara Home Finance

5.0

Rated by 1 employees for salary & benefits

Sales Officer in Aurangabad

Full Time

Sales & Business Development Department

1.0

• posted on 02 Feb 2023

1.0

for Salary and Benefits

Likes

Very very Bad experience In my career Nivara Home finance limited company is Froud he is not take care of employees and not giving salary to offroll employees I hshs

Dislikes

Salary not giving to offroll employees My salary also not get

Relationship Manager in Bangalore Rural

Other Department

1.0

• posted on 01 Dec 2020

1.0

for Salary and Benefits

Likes

...d .upto Feb not given single rupee for allowvance..for me came covid positive..on that not paid salary. And 0'/. Support from HR and higher authority..

Dislikes

HR rules ..they didn't understand emergency problems..in covid they r told me to Doo .. notice period..in emergency time.

Sales Executive in Eluru

Full Time

Finance Department

1.0

• posted on 05 Dec 2022

1.0

for Salary and Benefits

Likes

Worst company and worst manager They playing with us , my salary stolen unfairly not correct this is even hr also worst she not listening what iam saying

Dislikes

More work Pressure Stolen my salary unfairly mainly that manager and hr s are worst i never seen this type of people bad behaviour they alwasy playing with middle class people waste manger 😡😡😡

Sales Executive in Pimpri-Chinchwad

Full Time

Sales & Business Development Department

3.0

• posted on 10 Dec 2022

4.0

for Salary and Benefits

Likes

Good Incentives

Dislikes

Rate Of Interest is much higher than other finance companies, Cheque Handover Issue to costumer, Pimpri Branch Area Sales Manager is Devil his behavior with staff is very bad, nivara is not take a call on big ammount cases less than 20 lakh.

Sales Officer in Aurangabad

Full Time

Sales & Business Development Department

1.0

• posted on 02 Feb 2023

1.0

for Salary and Benefits

Likes

Very very bad experience in my career i am lost 4 month my life 3rd class company

Dislikes

The company only gives the scheme and nothing to the workers. The management is very bad. The seniors do not understand anything. They rob the customers. Don't take any loans.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Nivara Home Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Nivara Home Finance?

Cluster Credit Manager salary at Nivara Home Finance in India ranges between ₹5.5 Lakhs to ₹7.2 Lakhs for experience between 5 years to 8 years. According to our estimates it is 40% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Nivara Home Finance India.

How does the salary of a Cluster Credit Manager at Nivara Home Finance India compare with the average salary range for this job?

The average salary of a Cluster Credit Manager at Nivara Home Finance is 40% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Credit Manager at Nivara Home Finance?

Credit Appraisal, Credit Rating, Credit Underwriting, Credit Risk Management and Credit Operations are some of the popular skills required to work as a Cluster Credit Manager at Nivara Home Finance India.

Which similar companies are paying more than Nivara Home Finance to a Cluster Credit Manager in India?

AU Small Finance Bank Cluster Credit Manager Salary - ₹6.7 Lakhs to ₹22.7 Lakhs per year
Piramal Capital Housing Finance Cluster Credit Manager Salary - ₹7.7 Lakhs to ₹19.7 Lakhs per year
Dmi Housing Finance Cluster Credit Manager Salary - ₹4.7 Lakhs to ₹8.8 Lakhs per year
HDFC Bank Cluster Credit Manager Salary - ₹3.6 Lakhs to ₹9.8 Lakhs per year
Hinduja Housing Finance Cluster Credit Manager Salary - ₹3.4 Lakhs to ₹9.9 Lakhs per year

What is the estimated take home salary of a Cluster Credit Manager at Nivara Home Finance in India?

The estimated take-home salary of a Cluster Credit Manager at Nivara Home Finance ranges between ₹46,108 per month to ₹47,201 per month in India. The take-home salary calculation is based on the average Nivara Home Finance Cluster Credit Manager salary in India which ranges between ₹5.5 Lakhs to ₹7.2 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Manager at Nivara Home Finance?

According to AmbitionBox, 75% of the Nivara Home Finance Cluster Credit Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Nivara Home Finance Cluster Credit Manager Salaries

Nivara Home Finance Cluster Credit Manager salary in India ranges between ₹5.5 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nivara Home Finance latest salaries received from various employees of Nivara Home Finance.