Poonawalla Fincorp State Credit Manager Salaries by 4 Employees (Updated 2025)

9 - 11 years exp.

₹12 Lakhs - ₹16.4 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

13% less than the average State Credit Manager Salary in NBFC Companies for 9 - 11 years of experience

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Last Updated: 9 Feb 2025

Companies similar to Poonawalla Fincorp for State Credit Manager

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers State Credit Manager Salary 5 - 16 years exp. (31 salaries)	₹10.4 L/yr - ₹21.3 L/yr 12% more	1 job opening
Muthoot Fincorp State Credit Manager Salary 9 - 16 years exp. (6 salaries)	₹11 L/yr - ₹20 L/yr 23% more
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Electronica Finance State Credit Manager Salary 7 - 18 years exp. (6 salaries)	₹11.1 L/yr - ₹15.6 L/yr 7% less
Ugro Capital State Credit Manager Salary 11 - 16 years exp. (5 salaries)	₹12 L/yr - ₹22.5 L/yr 35% more
IIFL Finance State Credit Manager Salary 11 - 25 years exp. (4 salaries)	₹15 L/yr - ₹16.5 L/yr 19% more
Satin Creditcare Network State Credit Manager Salary 7 - 9 years exp. (4 salaries)	₹6 L/yr - ₹7.5 L/yr 49% less
SK Finance Limited State Credit Manager Salary 10 - 15 years exp. (4 salaries)	₹15.4 L/yr - ₹17 L/yr 23% more

State Credit Manager salary at Poonawalla Fincorp ranges between ₹12 Lakhs to ₹16.4 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Poonawalla Fincorp.

Experience wise Poonawalla Fincorp State Credit Manager salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
10 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.9 L/yr
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11 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr

Similar Designation salaries in Poonawalla Fincorp

Area Credit Manager Salary

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Branch Credit Manager Salary

(7 salaries)

₹3.5 L/yr - ₹11 L/yr

Zonal Credit Manager Salary

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₹32 L/yr - ₹50 L/yr

Deputy Credit Manager Salary

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₹6.5 L/yr - ₹8.1 L/yr

Credit Manager Salary

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₹4.2 L/yr - ₹11.63 L/yr

Assistant Credit Manager Salary

(15 salaries)

₹3.45 L/yr - ₹5.6 L/yr

Regional Credit Manager Salary

(49 salaries)

₹18.62 L/yr - ₹32 L/yr

Senior Credit Officer Salary

(4 salaries)

₹2.75 L/yr - ₹3.75 L/yr

Relationship Manager Salary

(143 salaries)

₹2.35 L/yr - ₹7.45 L/yr

Credit Officer Salary

(8 salaries)

₹2.35 L/yr - ₹3.5 L/yr

Salary related reviews for Poonawalla Fincorp

1.0

Rated by 1 employees for salary & benefits

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.

Salary - Good

+6 more

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.

Business Analyst in Pune

Full Time

IT & Information Security Department

3.0

• posted on 07 Feb 2025

4.0

for Salary and Benefits

Likes

Good salary and job security

Salary - Good

+1 more

Dislikes

Too much favouritism, nothing to learn, only manager's favourite females recieve good increment, here you are not judged basis on skills but on faces and personal relationship.

Skill development - Bad

+3 more

Senior Manager in Pune

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jan 2025

3.0

for Salary and Benefits

Likes

only infra structure which looks great.

Job security - Good

Dislikes

...om home after dinner... so you endup closing at least 11.30-12 if not 1.30-2 AM. no salary hikes as compared to work done, failed promises, they will promise you for many things but wont fulfill anything. You might end up with high blood pressure or sugar issues

Skill development - Bad

+3 more

Business Analyst in Pune

Full Time

Product Management Department

3.0

• posted on 04 Jan 2025

3.0

for Salary and Benefits

Likes

Very bad experience, there is no equality at all, some persons (management's favourite) and some women's are paid to much , even they don't do their regular works and also promoted earlier as compared to hardworking employees. Employees who exaggerate their work and takes time more than enough to complete a tsk are really appreciated but the one who completes task before time giving his best, is considered as an average employee.

Dislikes

Company only raises salary for those who who are at higher positions who don't know how systems and processes works on ground and they only works on excel and only replies mails and are paid more than 10-15 times than a hardworking employe who really helps the company in growing business, and all appreciation goes to your boss and thier favourite ones and all other are neglected.

Promotions - Poor

+2 more

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.

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

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 Fincorp State Credit Manager Salary FAQs

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

The average salary of a State Credit Manager at Poonawalla Fincorp in India typically ranges from ₹12.0 Lakhs to ₹16.4 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of State Credit Manager at Poonawalla Fincorp earn more than ₹16.4 Lakhs per year, and the top 1% earn over ₹16.4 Lakhs per year. State Credit Manager Salaries at Poonawalla Fincorp 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 4 Poonawalla Fincorp employees in India.

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

The estimated take-home salary of a State Credit Manager at Poonawalla Fincorp in India typically ranges from ₹92,670 to ₹95,155 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹16.4 Lakhs per year for employees with experience ranging from 9 years to 11 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 4 salaries received from various employees of Poonawalla Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Poonawalla Fincorp for State Credit Manager in India?

Ugro Capital	₹12.0 Lakhs to ₹22.5 Lakhs per year
Muthoot Fincorp	₹11.0 Lakhs to ₹20.0 Lakhs per year
SK Finance Limited	₹15.4 Lakhs to ₹17.0 Lakhs per year
IIFL Finance	₹15.0 Lakhs to ₹16.5 Lakhs per year
Aavas Financiers	₹10.4 Lakhs to ₹21.3 Lakhs per year

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

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

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

Electronica Finance	₹11.1 Lakhs to ₹15.6 Lakhs per year
Satin Creditcare Network	₹6.0 Lakhs to ₹7.5 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 State Credit Manager at Poonawalla Fincorp in India?

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

Experience	Average Salary Range
9 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
10 years	₹11.7 Lakhs to ₹14.9 Lakhs per year
11 years	₹10.8 Lakhs to ₹13.8 Lakhs per year

and so on.

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Poonawalla Fincorp State Credit Manager Salaries

Poonawalla Fincorp State Credit Manager salary in India ranges between ₹12 Lakhs to ₹16.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.