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based on 3.8k Reviews

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Piramal Capital Housing Finance Cluster Credit Manager salaries in Mumbai (Updated 2025)

Annual salary range
7 - 19 years exp.
₹13 Lakhs - ₹19.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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62% more than the average Cluster Credit Manager Salary in NBFC Companies for 7 - 19 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Cluster Credit Manager Salary
7 - 19 years exp. (9 salaries)
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₹13.4 L/yr - ₹18 L/yr

BFSI, Investments & Trading
Cluster Credit Manager Salary
8 - 16 years exp. (6 salaries)
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₹14.6 L/yr - ₹19 L/yr

Risk Management & Compliance
Cluster Credit Manager Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹15.9 L/yr - ₹19.7 L/yr

Last Updated: 1 Mar 2025

Companies similar to Piramal Capital Housing Finance for Cluster Credit Manager in Mumbai

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Piramal Capital Housing Finance Cluster Credit Manager Salary

7 - 19 years exp. (19 salaries)
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₹13 L/yr - ₹19.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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SMFG India Credit Cluster Credit Manager Salary

9 - 11 years exp. (4 salaries)
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₹14.5 L/yr - ₹18.5 L/yr

At par
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Tata Capital Cluster Credit Manager Salary

4 - 11 years exp. (3 salaries)
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₹10.7 L/yr - ₹15 L/yr

arrow icon 25% less
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Hinduja Housing Finance Cluster Credit Manager Salary

1 - 12 years exp. (22 salaries)
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₹4 L/yr - ₹9.2 L/yr

arrow icon 63% less
 3 job openings
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AU Small Finance Bank Cluster Credit Manager Salary

5 - 14 years exp. (11 salaries)
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₹10.5 L/yr - ₹20.2 L/yr

arrow icon 2% less
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Edelweiss Cluster Credit Manager Salary

3 - 6 years exp. (5 salaries)
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₹10 L/yr - ₹14 L/yr

arrow icon 26% less
Cluster Credit Manager salary at Piramal Capital Housing Finance ranges between ₹13 Lakhs to ₹19.7 Lakhs per year for employees with experience between 7 years to 19 years. Salary estimates are based on 19 latest salaries received from various employees of Piramal Capital Housing Finance.

Latest annual salaries shared by Piramal Capital Housing Finance Cluster Credit Manager in Mumbai

1mo ago
₹19 Lakhs
16 years exp.
2mo ago
₹16.6 Lakhs
19 years exp.
2mo ago
₹17.5 Lakhs
13 years exp.
3mo ago
₹14.6 Lakhs
8 years exp.
6mo ago
₹19.7 Lakhs
12 years exp.
6mo ago
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15 years exp.
8mo ago
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14 years exp.
9mo ago
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15 years exp.
10mo ago
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18 years exp.
11mo ago
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8 years exp.

Experience wise Piramal Capital Housing Finance Cluster Credit Manager salaries in Mumbai

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹18.6 L/yr
8 years  (3 salaries)

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₹14.6 L/yr - ₹17.5 L/yr
9 years (AmbitionBox Estimate)

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₹14.7 L/yr - ₹18.8 L/yr
10 years (AmbitionBox Estimate)

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₹14.8 L/yr - ₹18.9 L/yr
11 years (AmbitionBox Estimate)

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₹14.9 L/yr - ₹19.1 L/yr
View all

Similar Designation salaries in Piramal Capital Housing Finance

Credit Manager Salary
(97 salaries)
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₹3 L/yr - ₹10 L/yr
Relationship Manager Salary
(87 salaries)
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₹2 L/yr - ₹3.85 L/yr
Branch Credit Manager Salary
(63 salaries)
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₹3 L/yr - ₹8.85 L/yr
Area Credit Manager Salary
(17 salaries)
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₹9.95 L/yr - ₹16.65 L/yr
Chief Manager Salary
(6 salaries)
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₹18 L/yr - ₹25 L/yr
Regional Credit Manager Salary
(4 salaries)
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₹14 L/yr - ₹19.8 L/yr
Senior Credit Officer Salary
(3 salaries)
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₹2.5 L/yr - ₹3.12 L/yr

Top skills at Piramal Capital Housing Finance for Cluster Credit Manager

Disbursement Credit Appraisal Credit Risk Analysis Credit Policy Credit Analysis Home Loans Risk Management Home Loans Compliance Medical Underwriting Credit Underwriting Housing Finance Credit Management Credit Processing Credit Monitoring

Salary related reviews for Piramal Capital Housing Finance

5.0

Rated by 1 employees for salary & benefits

Relationship Manager in Gurgaon / Gurugram

Full Time

 · 

Home Loan Department

5.0
  •  posted on 28 Apr 2022
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

Overall good

Branch Credit Manager in Shivamogga

Finance & Accounting Department

5.0
  •  posted on 05 Aug 2018
3.0
 for  Salary and Benefits

Likes

Started Career with off roll, in 1.5 of joining I have been promoted to On rolls where my work performance got valued, now i am working as Branch Credit Manager since last 2 years.. in a tenure of 4 years at DHFL I have been worked in different locations as per the role requirements and got different locations experience, learning and the working environment is good.. overall DHFL is a Good company to work.. but now I am serving my notice period at DHFL due to better carrer opportunities..

read more
  • Skill development - Excellent
    • +4 more

Dislikes

Since I have been promototed to on rolls from off roll the pay which I am getting is low.. I am not satisfied with the package..

read more

Relationship Manager in Jaipur

SME (Equipment Finance) Department

5.0
  •  posted on 26 May 2019
3.0
 for  Salary and Benefits

Likes

Good environment and lots of learning opportunities.

  • Skill development - Excellent
    • +5 more

Dislikes

...ity in dhfl it’s good to me I have work in this organization up line is good . Career growth is high, Salary is little bit low but work satisfaction is high

read more

Relationship Manager in Gurgaon / Gurugram

Other Department

5.0
  •  posted on 22 Dec 2018
1.0
 for  Salary and Benefits

Likes

All the departments are helpful like credit and opertation and working style is also good better than others. Experience was good .

read more
  • Skill development - Good
    • +4 more

Dislikes

Appraisal is too trribal and not a care for hardworking employees. Salary is also too less for experience employee.

read more
  • Salary - Bad

Branch Sales Manager in Nagpur

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 25 Apr 2024
5.0
 for  Salary and Benefits

Likes

Salary Hike

  • Salary - Excellent
    • +1 more

Dislikes

No Job Security. HR come suddenly and take resign same day and say your BGV is incorrect after 6 months. I'm only eating member of family and this happens to me so I jobless for 5.5 months and it's ruins my life 😑😑😑

read more
  • Skill development - Bad
    • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Piramal Capital Housing Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Piramal Capital Housing Finance in Mumbai?
The average salary of a Cluster Credit Manager at Piramal Capital Housing Finance in Mumbai typically ranges from ₹13.0 Lakhs to ₹19.7 Lakhs per year, depending on experience (from 7 years to 19 years).

The top 10% of Cluster Credit Manager in Mumbai at Piramal Capital Housing Finance earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.7 Lakhs per year. Cluster Credit Manager Salaries at Piramal Capital Housing 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 10+ Piramal Capital Housing Finance employees in India.
What is the estimated take home salary of a Cluster Credit Manager at Piramal Capital Housing Finance in Mumbai?
The estimated take-home salary of a Cluster Credit Manager at Piramal Capital Housing Finance in Mumbai typically ranges from ₹1,14,114 to ₹1,17,291 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹19.7 Lakhs per year for employees with experience ranging from 7 years to 19 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 10+ salaries received from various employees of Piramal Capital Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Cluster Credit Manager at Piramal Capital Housing Finance in Mumbai?
To be a Cluster Credit Manager at Piramal Capital Housing Finance in Mumbai, the key skills required include:

  • - Disbursement
  • - Credit Appraisal
  • - Credit Risk Analysis
  • - Credit Policy
  • - Credit Analysis

These skills are highly valued at Piramal Capital Housing Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Piramal Capital Housing Finance for Cluster Credit Manager in India?
SMFG India Credit ₹14.5 Lakhs to ₹18.5 Lakhs per year

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

AU Small Finance Bank ₹10.5 Lakhs to ₹20.2 Lakhs per year
Tata Capital ₹10.7 Lakhs to ₹15.0 Lakhs per year
Edelweiss ₹10.0 Lakhs to ₹14.0 Lakhs per year
Hinduja Housing Finance ₹4.0 Lakhs to ₹9.2 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 Piramal Capital Housing Finance in Mumbai?
The salary growth for a Cluster Credit Manager at Piramal Capital Housing Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager in Mumbai can expect the following growth trajectory at Piramal Capital Housing Finance:

Experience Average Salary Range
7 years ₹14.5 Lakhs to ₹18.6 Lakhs per year
8 years ₹14.6 Lakhs to ₹17.5 Lakhs per year
9 years ₹14.7 Lakhs to ₹18.8 Lakhs per year
10 years ₹14.8 Lakhs to ₹18.9 Lakhs per year
and so on.

Tell us how to improve this page.

Piramal Capital Housing Finance Cluster Credit Manager salary in Mumbai ranges between ₹13 Lakhs to ₹19.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 Piramal Capital Housing Finance latest salaries received from various employees of Piramal Capital Housing Finance.