Prayas Financial Services Credit Manager Salaries by 5 Employees (Updated 2024)

7 - 11 years exp.

₹5 Lakhs - ₹6.7 Lakhs

Salary of majority employees

24% less than the average Credit Manager Salary for 7 - 11 years of experience

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Salaries in different departments

Quality Assurance Credit Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
Risk Management & Compliance Credit Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.4 L/yr
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BFSI, Investments & Trading Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 3 Jul 2024

Companies similar to Prayas Financial Services for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (190 salaries)	₹2.4 L/yr - ₹8.5 L/yr 2% less
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14 L/yr 44% more	3 job openings
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.1k salaries)	₹4 L/yr - ₹14 L/yr 68% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹3.8 L/yr - ₹15.2 L/yr 53% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (818 salaries)	₹4 L/yr - ₹14.5 L/yr 49% more
Tata Capital Credit Manager Salary 0 - 10 years exp. (419 salaries)	₹3.7 L/yr - ₹12.8 L/yr 35% more	11 job openings
Reliance Capital Credit Manager Salary 0 - 13 years exp. (7 salaries)	₹6 L/yr - ₹8.4 L/yr 25% more
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (162 salaries)	₹4 L/yr - ₹10.8 L/yr 26% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (91 salaries)	₹3 L/yr - ₹8.4 L/yr 14% less
Larsen & Toubro Limited Credit Manager Salary 2 - 10 years exp. (12 salaries)	₹7 L/yr - ₹13.2 L/yr 82% more
Accenture Credit Manager Salary 0 - 14 years exp. (9 salaries)	₹3.7 L/yr - ₹13 L/yr 45% more
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Genpact Credit Manager Salary 7 - 10 years exp. (5 salaries)	₹11 L/yr - ₹14 L/yr 95% more
TCS Credit Manager Salary 1 - 10 years exp. (5 salaries)	₹2.5 L/yr - ₹8.8 L/yr 30% less
Concentrix Corporation Credit Manager Salary 3 - 14 years exp. (5 salaries)	₹6.5 L/yr - ₹17 L/yr 103% more
DXC Technology Credit Manager Salary 2 - 15 years exp. (4 salaries)	₹6 L/yr - ₹15.8 L/yr 141% more
PwC Credit Manager Salary 0 - 5 years exp. (4 salaries)	₹10.2 L/yr - ₹13 L/yr 96% more
Capgemini Credit Manager Salary 3 - 9 years exp. (3 salaries)	₹8 L/yr - ₹16.5 L/yr 84% more

Credit Manager salary at Prayas Financial Services ranges between ₹5 Lakhs to ₹6.7 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Prayas Financial Services.

Experience wise Prayas Financial Services Credit Manager salaries

Last Updated: 3 Jul 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
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9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹6.7 L/yr
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹6.7 L/yr

Similar Designation salaries in Prayas Financial Services

Credit Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Branch Manager Salary

(4 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(6 salaries)

₹5.8 L/yr - ₹7.6 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Branch Credit Manager Salary

(3 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Associate Vice President Salary

(3 salaries)

₹16.5 L/yr - ₹21 L/yr

Top skills at Prayas Financial Services for Credit Manager

Credit Appraisal Credit Assessment Credit Analysis Risk Analysis Credit Underwriting Portfolio Management

Salary related reviews for Prayas Financial Services

Area Credit Manager in Varanasi

Full Time

Risk Management & Compliance Department

1.0

• posted on 19 Dec 2024

1.0

for Salary and Benefits

Likes

Kuch nahi h like krne ko

Dislikes

Poor management proper politics and no leave and no timing management and supervisor is god in this company many people on resignation and they are transfer in other state.job security to h hi nhi yha

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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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Prayas Financial Services Credit Manager Salary FAQs

What is the salary of Credit Manager at Prayas Financial Services?

Credit Manager salary at Prayas Financial Services in India ranges between ₹5.0 Lakhs to ₹6.7 Lakhs for experience between 7 years to 11 years. According to our estimates it is 24% less than the average Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Prayas Financial Services India.

How does the salary of a Credit Manager at Prayas Financial Services India compare with the average salary range for this job?

The average salary of a Credit Manager at Prayas Financial Services is 24% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Prayas Financial Services?

Credit Appraisal, Credit Assessment, Credit Analysis, Risk Analysis and Credit Underwriting are some of the popular skills required to work as a Credit Manager at Prayas Financial Services India.

Which similar companies are paying more than Prayas Financial Services to a Credit Manager in India?

DXC Technology Credit Manager Salary - ₹6.0 Lakhs to ₹15.8 Lakhs per year
Concentrix Corporation Credit Manager Salary - ₹6.5 Lakhs to ₹17.0 Lakhs per year
PwC Credit Manager Salary - ₹10.2 Lakhs to ₹13.0 Lakhs per year
Genpact Credit Manager Salary - ₹11.0 Lakhs to ₹14.0 Lakhs per year
Capgemini Credit Manager Salary - ₹8.0 Lakhs to ₹16.5 Lakhs per year

What is the salary of a Credit Manager in companies similar to Prayas Financial Services in India?

Larsen & Toubro Limited Credit Manager Salary - ₹7.0 Lakhs to ₹13.2 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.2 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Accenture Credit Manager Salary - ₹3.7 Lakhs to ₹13.0 Lakhs per year

What is the estimated take home salary of a Credit Manager at Prayas Financial Services in India?

The estimated take-home salary of a Credit Manager at Prayas Financial Services ranges between ₹44,581 per month to ₹45,678 per month in India. The take-home salary calculation is based on the average Prayas Financial Services Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹6.7 Lakhs per year for employees with experience between 7 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Prayas Financial Services?

According to AmbitionBox, 57% of the Prayas Financial Services Credit Managers reported a notice period of 3 Months, 43% reported a notice period of 2 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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Prayas Financial Services Credit Manager Salaries

Prayas Financial Services Credit Manager salary in India ranges between ₹5 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Prayas Financial Services latest salaries received from various employees of Prayas Financial Services.