Northern Arc Capital Credit Manager Salaries by 5 Employees

6 - 12 years exp.

₹6.5 Lakhs - ₹7.4 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Credit Manager Salary in Financial Services Companies for 6 - 12 years of experience

Interested in this particular role?

Last Updated: 11 Dec 2024

Companies similar to Northern Arc Capital for Credit Manager

Company name	Avg Annual Salary	Open Jobs
KapitalTech Credit Manager Salary 0 - 11 years exp. (43 salaries)	₹3 L/yr - ₹8.3 L/yr 24% less
CENTRUM HOUSING FINANCE Credit Manager Salary 1 - 9 years exp. (16 salaries)	₹3.3 L/yr - ₹7 L/yr 18% less
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Toyota Financial Services Credit Manager Salary 1 - 10 years exp. (9 salaries)	₹5.2 L/yr - ₹11 L/yr 1% more
Indostar Home Finance Credit Manager Salary 4 - 11 years exp. (9 salaries)	₹3.5 L/yr - ₹12 L/yr 4% more
ART Housing Finance (India) Credit Manager Salary 0 - 8 years exp. (6 salaries)	₹4.3 L/yr - ₹5.6 L/yr 31% less

Credit Manager salary at Northern Arc Capital ranges between ₹6.5 Lakhs to ₹7.4 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Northern Arc Capital.

Experience wise Northern Arc Capital Credit Manager salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.2 L/yr
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8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.5 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.5 L/yr

View all

Similar Designation salaries in Northern Arc Capital

Credit Officer Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Area Credit Manager Salary

(3 salaries)

₹8.3 L/yr - ₹13 L/yr

Branch Manager Salary

(10 salaries)

₹5.6 L/yr - ₹13.08 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Manager Salary

(4 salaries)

₹4 L/yr - ₹5 L/yr

Branch Credit Manager Salary

(7 salaries)

₹4.5 L/yr - ₹5.58 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Relationship Manager Salary

(31 salaries)

₹2.78 L/yr - ₹7.4 L/yr

Senior Associate Salary

(71 salaries)

₹5.5 L/yr - ₹23 L/yr

Associate Vice President Salary

(32 salaries)

₹14 L/yr - ₹36.5 L/yr

Top skills at Northern Arc Capital for Credit Manager

Credit Risk Analysis Credit Assessment Credit Underwriting

Salary related reviews for Northern Arc Capital

1.0

Rated by 1 employees for salary & benefits

Associate in Chennai

Full Time

Project & Program Management Department

1.0

• posted on 09 Jun 2023

1.0

for Salary and Benefits

Likes

You realise everything they do is cheat you by not giving you Variable pay you deserve after you have put 12-13 hours everyday. This would be the worst company one could ever work. Don't make this mistake of joining here. Worst and toxic

Dislikes

No Variable pay No Gifts for any festivals Leave policy is just for eye washing Toxic culture and management No motivation and encouragement You should consider this only incase you are not able to get any other opportunity in the entire country

Salary - Bad

+6 more

Relationship Manager in Vijayawada

Full Time

Sales & Business Development Department

5.0

• posted on 14 Apr 2024

4.0

for Salary and Benefits

Likes

Northern Arc Capital ltd gives a platform for gaining my strength and self confidence knowledge customer relationship management Dsa Handling and Handling pressure and l learn all of these things only in these company

Salary - Good

+6 more

Dislikes

None

Brach Operation Manager in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 10 Jan 2025

4.0

for Salary and Benefits

Likes

Company atmosphere is good. Everyone focused about their work. Many opportunities here to grown up and make a good respect in corporate.

Salary - Good

+4 more

Dislikes

I think there is only negative point here which was laziness of people but follow up of company is good

Intern in Chennai

Full Time

Risk Management & Compliance Department

1.0

• posted on 24 May 2023

1.0

for Salary and Benefits

Likes

They provide snacks for employees. Which they will stop soon.

Dislikes

Conservative people are flooded everywhere. As it portrays like mnc work culture but the truth is people are not happy and can be open here. Vertical hierarchy of decisions and difference of opinion. Stealing office supplies and blaming others. Lethargic behaviour of co workers and no proper senior directors for the team as it’s not even a known well company but still they open branches and waste investors money. Conventional and conservatism plays a major role in this company. Caste and religion are also plays an important role where people treat you based on your caste and religion . You’re not allowed to share your opinion and if you do you may be marked in the eyes of senior staffs where they will purposely insult you for everything . So I personally require no one to join the company unless you qualify for what i said above.

Salary - Bad

+6 more

Operations Associate in Chennai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 16 Mar 2023

3.0

for Salary and Benefits

Likes

Work Culture, Interaction with various internal team, good chance to grow. Sense of job security.

Skill development - Good

+4 more

Dislikes

As a fast pace world, youngsters are very ambitious so they may find the appraisal and growth process slow.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Northern Arc Capital Credit Manager Salary FAQs

What is the salary of Credit Manager at Northern Arc Capital ?

The average salary of a Credit Manager at Northern Arc Capital in India typically ranges from ₹6.5 Lakhs to ₹7.4 Lakhs per year, depending on experience (from 6 years to 12 years).

The top 10% of Credit Manager at Northern Arc Capital earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹7.4 Lakhs per year. Credit Manager Salaries at Northern Arc Capital 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 5 Northern Arc Capital employees in India.

What is the estimated take home salary of a Credit Manager at Northern Arc Capital in India?

The estimated take-home salary of a Credit Manager at Northern Arc Capital in India typically ranges from ₹52,236 to ₹53,534 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from 6 years to 12 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 5 salaries received from various employees of Northern Arc Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Manager at Northern Arc Capital ?

To be a Credit Manager at Northern Arc Capital in india, the key skills required include:

- Credit Risk Analysis
- Credit Assessment
- Credit Underwriting

These skills are highly valued at Northern Arc Capital and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Northern Arc Capital for Credit Manager in India?

Indostar Home Finance	₹3.5 Lakhs to ₹12.0 Lakhs per year
Toyota Financial Services	₹5.2 Lakhs to ₹11.0 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Northern Arc Capital in India?

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

CENTRUM HOUSING FINANCE	₹3.3 Lakhs to ₹7.0 Lakhs per year
KapitalTech	₹3.0 Lakhs to ₹8.3 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 Northern Arc Capital in India?

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

Experience	Average Salary Range
6 years	₹2.8 Lakhs to ₹7.2 Lakhs per year
7 years	₹2.8 Lakhs to ₹7.2 Lakhs per year
8 years	₹2.8 Lakhs to ₹7.4 Lakhs per year
9 years	₹6.3 Lakhs to ₹8.0 Lakhs per year

and so on.

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Northern Arc Capital Credit Manager Salaries

Northern Arc Capital Credit Manager salary in India ranges between ₹6.5 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Northern Arc Capital latest salaries received from various employees of Northern Arc Capital.