Poonawalla Fincorp Indore Credit Manager Salaries by 7 Employees (Updated 2024)

1 - 7 years exp.

₹5.3 Lakhs - ₹8 Lakhs

Salary of majority employees

6% less than the average Credit Manager Salary in NBFC Companies for 1 - 7 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Finance & Accounting Credit Manager Salary 1 - 7 years exp. (4 salaries)	₹5.3 L/yr - ₹7.5 L/yr
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BFSI, Investments & Trading Credit Manager Salary 4 - 6 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr

Last Updated: 13 Sep 2024

Companies similar to Poonawalla Fincorp for Credit Manager in Indore

Poonawalla Fincorp Credit Manager Salary

1 - 7 years exp. (7 salaries)

₹5.3 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (19 salaries)	₹3 L/yr - ₹8.1 L/yr 12% less
Aavas Financiers Credit Manager Salary 1 - 8 years exp. (11 salaries)	₹4.2 L/yr - ₹8 L/yr 10% less	3 job openings
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Tata Capital Credit Manager Salary 2 - 10 years exp. (11 salaries)	₹5.5 L/yr - ₹13.2 L/yr 25% more	8 job openings
Edelweiss Credit Manager Salary 2 - 6 years exp. (10 salaries)	₹3.6 L/yr - ₹9.6 L/yr 3% more
Aditya Birla Capital Credit Manager Salary 2 - 9 years exp. (10 salaries)	₹4.5 L/yr - ₹10.4 L/yr 13% more
IIFL Finance Credit Manager Salary 1 - 6 years exp. (4 salaries)	₹3.7 L/yr - ₹7.8 L/yr 20% less
Mahindra Rural Housing Finance Credit Manager Salary 2 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹6.5 L/yr 34% less
Capri Global Capital Credit Manager Salary 2 - 4 years exp. (4 salaries)	₹6.5 L/yr - ₹7.6 L/yr 8% more
Tata Capital Housing Finance Credit Manager Salary 4 - 7 years exp. (4 salaries)	₹7.4 L/yr - ₹12 L/yr 34% more

Credit Manager salary at Poonawalla Fincorp ranges between ₹5.3 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Poonawalla Fincorp.

Experience wise Poonawalla Fincorp Credit Manager salaries in Indore

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.5 L/yr
2 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
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3 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.5 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹11.6 L/yr
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹11.8 L/yr

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Similar Designation salaries in Poonawalla Fincorp

Deputy Manager Salary

(8 salaries)

₹5 L/yr - ₹9.2 L/yr

Area Credit Manager Salary

(7 salaries)

₹4.1 L/yr - ₹15 L/yr

Branch Manager Salary

(5 salaries)

₹4 L/yr - ₹7.25 L/yr

Top skills at Poonawalla Fincorp for Credit Manager

Credit Analysis Credit Underwriting Business Loan Credit Management

Salary related reviews for Poonawalla Fincorp

Sales Manager in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

The salary benifits such as incentive is good

Dislikes

The work culture of the company is very bad the way boss talk with there employes are worst they even call at mid night and shout with out any reason they do the same thing whole day.

Sales Manager in Agra

Full Time

Sales & Business Development Department

2.0

• posted on 29 Oct 2023

5.0

for Salary and Benefits

Likes

Salary on time

Dislikes

HR is only for hiring. Lot of pressure for target. After 20th of every month, you have to come to the office and work even on holidays, and you don't get any compensation for it. But this culture has now become common across all NBFC .

Deputy Manager in Begusarai

Other Department

5.0

• posted on 22 Sep 2019

4.0

for Salary and Benefits

Likes

Yes, Good culture in magma with all vertical.

Dislikes

Some times to see some here is no value for our old staff. Same position working and good performance giving after that new staff salary is high and old staff has to low. request to our management at list keep near. other this staff demotivate. pls need to revise. if any one person work with organisation from long time this is not good.

Digital Marketing Manager in Pune

Full Time

Marketing & Communication Department

1.0

• posted on 03 Sep 2024

2.0

for Salary and Benefits

Likes

Only salary on time

Dislikes

Manager spends whole time on twitter, Instagram and they expect other people should work on their behalf. He feels like he is son in law of the company and no one is looking at him but it’s nothing like that everyone knows that he is doing nothing at all.

Senior Regional Credit Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Jul 2023

1.0

for Salary and Benefits

Likes

Salary and Incentives structures frequently changed All days are working despite mentioned as holidays as per calendar Politics in promotions. its hire and fire. There is no Human values. Dignity is least. Zero skill development. They suck your blood and there after they kick you out ruthlessly. Sponsoring events they buy trophies as Best Brand to Work, Great Place to Work etc. Worst working culture. No one who knows this organization would join. Despite decent hikes were offered, no one is willing to join. People who left were offered 30% hikes still not joined back. So company is doing Campus recruitment as no once would know the situation of the company. Huge attrition numbers speaks the Cultue

Dislikes

People with high pride with zero ground knowledge are running the company. Poor decisioning skills. all the decision taken in last 2 years have failed. Building book by acquiring portfolios of small companies Or Co-funding methods. It is not actual Organic growth

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Poonawalla Fincorp Credit Manager Salary FAQs

What is the salary of Credit Manager at Poonawalla Fincorp Indore?

Credit Manager salary at Poonawalla Fincorp in Indore ranges between ₹5.3 Lakhs to ₹8.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 6% less than the average Credit Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Poonawalla Fincorp Indore.

How does the salary of a Credit Manager at Poonawalla Fincorp Indore compare with the average salary range for this job?

The average salary of a Credit Manager at Poonawalla Fincorp is 6% less than the average salary of a Credit Manager in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Poonawalla Fincorp?

Credit Analysis, Credit Underwriting, Business Loan and Credit Management are some of the popular skills required to work as a Credit Manager at Poonawalla Fincorp Indore.

Which similar companies are paying more than Poonawalla Fincorp to a Credit Manager in Indore?

Tata Capital Housing Finance Credit Manager Salary - ₹7.4 Lakhs to ₹12.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹5.5 Lakhs to ₹13.2 Lakhs per year
Aditya Birla Capital Credit Manager Salary - ₹4.5 Lakhs to ₹10.4 Lakhs per year
Capri Global Capital Credit Manager Salary - ₹6.5 Lakhs to ₹7.6 Lakhs per year
Edelweiss Credit Manager Salary - ₹3.6 Lakhs to ₹9.6 Lakhs per year

What is the salary of a Credit Manager in companies similar to Poonawalla Fincorp in Indore?

Aavas Financiers Credit Manager Salary - ₹4.2 Lakhs to ₹8.0 Lakhs per year
Bajaj Finserv Credit Manager Salary - ₹3.0 Lakhs to ₹8.1 Lakhs per year
IIFL Finance Credit Manager Salary - ₹3.7 Lakhs to ₹7.8 Lakhs per year
Mahindra Rural Housing Finance Credit Manager Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Credit Manager at Poonawalla Fincorp in Indore?

The estimated take-home salary of a Credit Manager at Poonawalla Fincorp ranges between ₹49,222 per month to ₹50,385 per month in Indore. The take-home salary calculation is based on the average Poonawalla Fincorp Credit Manager salary in India which ranges between ₹5.3 Lakhs to ₹8.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Poonawalla Fincorp in Indore?

According to AmbitionBox, 80% of the Poonawalla Fincorp Credit Managers in Indore reported a notice period of 2 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Poonawalla Fincorp Credit Manager Salaries in Indore

Poonawalla Fincorp Credit Manager salary in Indore ranges between ₹5.3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.