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Poonawalla Finance

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3.6

based on 160 Reviews

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Poonawalla Finance Credit Manager salaries in Mumbai

Annual salary range
2 - 6 years exp.
₹4 Lakhs - ₹8.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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22% less than the average Credit Manager Salary in NBFC Companies for 2 - 6 years of experience

Interested in this particular role?

Last Updated: 15 Apr 2023

Companies similar to Poonawalla Finance for Credit Manager in Mumbai

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Poonawalla Finance Credit Manager Salary

2 - 6 years exp. (5 salaries)
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₹4 L/yr - ₹8.3 L/yr

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

1 - 11 years exp. (70 salaries)
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₹3.2 L/yr - ₹13.3 L/yr

arrow icon 19% more
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HDB Financial Services Credit Manager Salary

1 - 13 years exp. (44 salaries)
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₹2.7 L/yr - ₹7 L/yr

arrow icon 25% less
 1 job opening
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Bajaj Finance Credit Manager Salary

3 - 9 years exp. (15 salaries)
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₹4.4 L/yr - ₹8.7 L/yr

arrow icon 3% less
 4 job openings
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Rattanindia Finance Credit Manager Salary

2 - 8 years exp. (10 salaries)
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₹3 L/yr - ₹4.6 L/yr

arrow icon 38% less
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Anand Rathi Global Finance Credit Manager Salary

2 - 5 years exp. (6 salaries)
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₹7.5 L/yr - ₹10.5 L/yr

arrow icon 35% more
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ECL Finance Credit Manager Salary

0 - 7 years exp. (6 salaries)
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₹5 L/yr - ₹8 L/yr

arrow icon 8% less
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Paisalo Digital Credit Manager Salary

9 - 17 years exp. (5 salaries)
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₹5 L/yr - ₹5.1 L/yr

arrow icon 20% less
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Bajaj Housing Finance Credit Manager Salary

1 - 4 years exp. (4 salaries)
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₹3.1 L/yr - ₹10 L/yr

arrow icon 20% less
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Inditrade Capital Credit Manager Salary

3 - 6 years exp. (3 salaries)
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₹3.5 L/yr - ₹4 L/yr

arrow icon 40% less
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Volkswagen Finance Credit Manager Salary

5 - 7 years exp. (3 salaries)
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₹10.4 L/yr - ₹15.5 L/yr

arrow icon 98% more
Credit Manager salary at Poonawalla Finance ranges between ₹4 Lakhs to ₹8.3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Poonawalla Finance.

Latest annual salaries shared by Poonawalla Finance Credit Manager in Mumbai

1y ago
₹8.3 Lakhs
2 years exp.

Experience wise Poonawalla Finance Credit Manager salaries in Mumbai

Last Updated: 15 Apr 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7.1 L/yr
3 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
4 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
6 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr

Similar Designation salaries in Poonawalla Finance

Area Credit Manager Salary
(4 salaries)
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₹10.72 L/yr - ₹19.25 L/yr
Deputy Manager Salary
(3 salaries)
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₹7.7 L/yr - ₹9.16 L/yr
Branch Credit Manager Salary
(3 salaries)
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₹7.46 L/yr - ₹8.5 L/yr

Top skills at Poonawalla Finance for Credit Manager

Finance Credit Management Strong Interpersonal Skills Loans Personal Loans Financial Statements Credit Underwriting Business Loan

Salary related reviews for Poonawalla Finance

Senior Executive Operations in Jhansi

Full Time

 · 

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1.0
  •  posted on 03 Jan 2023
1.0
 for  Salary and Benefits

Likes

...Assistant manager saying there is no rules for promotion after senior executive. I am searching new job where i can get salary hike as well as promotion. I suggest not to join poonawalla fincorp as there is no job stablity. Any time they can trnasfer to any roll. I transfered operations to collection. This is the wrost company ever.

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Dislikes

Company any time transfer to any roll withouth informing. I transferd to collection with immediate effect. I suggest do not join the wrost company poonawalla fincorp ltd.

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Technical Manager in Agra

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 · 

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3.0
  •  posted on 18 Jun 2023
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 for  Salary and Benefits

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Good as giving chances to less experienced people

  • Salary - Good

Dislikes

...ly sales oriented and many technical things are neglected in business pressure..less salary high working hours

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Executive in Jaipur

Full Time

 · 

Other Department

5.0
  •  posted on 20 Oct 2022
5.0
 for  Salary and Benefits

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Poonawalla Finance Reviews by current and past employees about ✓salary & benefits ✓work culture ✓skill development ✓career grow

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  • Salary - Excellent
    • +6 more

Dislikes

Poonawalla Finance Reviews by current and past employees about ✓salary & benefits ✓work culture ✓skill development ✓career growth ✓job security ...

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Legal Manager in Bangalore / Bengaluru

Full Time

 · 

Other Department

3.0
  •  posted on 11 Nov 2023
3.0
 for  Salary and Benefits

Likes

I like only giving 2 days weekly off

Dislikes

I most dislike this company because there is no proper sitting place in office, not a good environment, not good working culture, nothing to learn something in this company.

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Credit Manager in Pune

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Apr 2023
1.0
 for  Salary and Benefits

Likes

System are quite advance

Dislikes

Whether it's appraisal, job security or worklife balance all are pathetic. They just say 3saturdays off but u will get only 2saturday and rest all days will be working including sundays.

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

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peacemaker
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New offer. Confused.
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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Poonawalla Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Poonawalla Finance in Mumbai?
The average salary of a Credit Manager at Poonawalla Finance in Mumbai typically ranges from ₹4.0 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Credit Manager in Mumbai at Poonawalla Finance earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Credit Manager Salaries at Poonawalla 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 5 Poonawalla Finance employees in India.
What is the estimated take home salary of a Credit Manager at Poonawalla Finance in Mumbai?
The estimated take-home salary of a Credit Manager at Poonawalla Finance in Mumbai typically ranges from ₹48,638 to ₹49,788 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 2 years to 6 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 Poonawalla Finance. 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 Poonawalla Finance in Mumbai?
To be a Credit Manager at Poonawalla Finance in Mumbai, the key skills required include:

  • - Finance
  • - Credit Management
  • - Strong Interpersonal Skills
  • - Loans
  • - Personal Loans

These skills are highly valued at Poonawalla Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Poonawalla Finance for Credit Manager in India?
Volkswagen Finance ₹10.4 Lakhs to ₹15.5 Lakhs per year
Anand Rathi Global Finance ₹7.5 Lakhs to ₹10.5 Lakhs per year
SMFG India Credit ₹3.2 Lakhs to ₹13.3 Lakhs per year

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

Bajaj Finance ₹4.4 Lakhs to ₹8.7 Lakhs per year
ECL Finance ₹5.0 Lakhs to ₹8.0 Lakhs per year
Bajaj Housing Finance ₹3.1 Lakhs to ₹10.0 Lakhs per year
Paisalo Digital ₹5.0 Lakhs to ₹5.1 Lakhs per year
HDB Financial Services ₹2.7 Lakhs to ₹7.0 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 Poonawalla Finance in Mumbai?
The salary growth for a Credit Manager at Poonawalla Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Mumbai can expect the following growth trajectory at Poonawalla Finance:

Experience Average Salary Range
2 years ₹5.5 Lakhs to ₹7.1 Lakhs per year
3 years ₹5.6 Lakhs to ₹7.1 Lakhs per year
4 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
5 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
and so on.

Tell us how to improve this page.

Poonawalla Finance Credit Manager salary in Mumbai ranges between ₹4 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Poonawalla Finance latest salaries received from various employees of Poonawalla Finance.