Protium Finance Ahmedabad Credit Manager Salaries by 5 Employees

3 - 6 years exp.

₹3.6 Lakhs - ₹7.2 Lakhs

Salary of majority employees

25% less than the average Credit Manager Salary in Financial Services Companies for 3 - 6 years of experience

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Salaries in different departments

Risk Management & Compliance Credit Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.9 L/yr
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Finance & Accounting Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.4 L/yr

Last Updated: 24 Oct 2024

Companies similar to Protium Finance for Credit Manager in Ahmedabad

Protium Finance Credit Manager Salary

3 - 6 years exp. (5 salaries)

₹3.6 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (148 salaries)	₹3.2 L/yr - ₹13.7 L/yr 34% more	14 job openings
ICICI Bank Credit Manager Salary 0 - 9 years exp. (145 salaries)	₹4.6 L/yr - ₹17.1 L/yr 77% more
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State Bank of India Credit Manager Salary 3 - 8 years exp. (3 salaries)	₹18 L/yr - ₹23 L/yr 234% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (87 salaries)	₹4.2 L/yr - ₹12.6 L/yr 58% more
Edelweiss Credit Manager Salary 1 - 7 years exp. (7 salaries)	₹4.7 L/yr - ₹9 L/yr 14% more
Aadhar Housing Finance Credit Manager Salary 1 - 7 years exp. (7 salaries)	₹3.8 L/yr - ₹6.5 L/yr 19% less

Credit Manager salary at Protium Finance ranges between ₹3.6 Lakhs to ₹7.2 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Protium Finance.

Experience wise Protium Finance Credit Manager salaries in Ahmedabad

Last Updated: 24 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7.2 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.7 L/yr
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5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹10.2 L/yr
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹10.7 L/yr

Similar Designation salaries in Protium Finance

Sales Manager Salary

(4 salaries)

₹4.5 L/yr - ₹6.22 L/yr

Deputy Manager Salary

(4 salaries)

₹4.5 L/yr - ₹6.1 L/yr

Top skills at Protium Finance for Credit Manager

Credit Underwriting Underwriting Credit Appraisal Credit Management CAM Sanction Credit Assessment Credit Analysis Lap Credit Evaluation Credit Appraisal mortgage Credit Risk Management Business Loan Mortgage Loans

Salary related reviews for Protium Finance

3.0

Rated by 1 employees for salary & benefits

Branch Credit Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

1.0

• posted on 12 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing much

Dislikes

... getting any appraisal, work life balance is a joke in the company and lays off.employees not only in sales but also in all departments if they want cost cutting and no human touch in this company culture. 0.5/5 rating.

Salary - Bad

+6 more

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 22 Dec 2023

5.0

for Salary and Benefits

Likes

They offer good salary and office infrastructure is also good.

Salary - Excellent

Dislikes

Job Security is always at stake in Protium. They lay off twice every year along with small layoffs at any given time of year without any strong reason. Even the people holding highest designation micro manage things.

Skill development - Bad

+5 more

Collection Officer in All City

Full Time

Finance & Accounting Department

1.0

• posted on 17 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...d harassment from his manager thn after he treated very bad to give resignation. He jobless for 2 month and salary got only 12k after proper completing notice period also. Dont go for ths company. Otherwise you also suffer same.

Salary - Bad

+6 more

Branch Credit Manager in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

1.0

• posted on 31 Dec 2024

1.0

for Salary and Benefits

Likes

I don't have any positive comments. I have only bad comments. I am suggesting please no one go to protium.

Dislikes

Working at Protium has been a challenging experience. The company lacks proper work-life balance as promised policies like alternate Saturday offs are not implemented, and leave requests, even for personal or festival occasions, are often denied. The management uses inappropriate language and exerts undue pressure on employees, creating a stressful and toxic environment. Promotions and appraisals seem biased, favoring those who conform rather than recognizing genuine hard work. Additionally, customers face issues like high-interest rates, exorbitant processing fees, and unnecessary insurance charges, which damage trust and the company's reputation. Employees here are expected to sacrifice personal life entirely, which is unsustainable. Protium must prioritize employee well-being, fairness, and customer satisfaction to improve its work culture and credibility.

Salary - Bad

+6 more

Branch Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 05 Nov 2024

3.0

for Salary and Benefits

Likes

Good bonus and increments for performers or favorites

Promotions - Good

Dislikes

High rate of interest. Tough credit policies and bad culture in direct channel. favoritism during appraisals...Senior management have lot of attitude and ego...use foul language...ready to compromise on work ethics for business...HR is useless ..never help in recruitment. No one follow branch timing

Skill development - Bad

+1 more

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Protium Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Protium Finance in Ahmedabad?

The average salary of a Credit Manager at Protium Finance in Ahmedabad typically ranges from ₹3.6 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Credit Manager in Ahmedabad at Protium Finance earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Credit Manager Salaries at Protium 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 Protium Finance employees in India.

What is the estimated take home salary of a Credit Manager at Protium Finance in Ahmedabad?

The estimated take-home salary of a Credit Manager at Protium Finance in Ahmedabad typically ranges from ₹46,112 to ₹47,205 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 3 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 Protium 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 Protium Finance in Ahmedabad?

To be a Credit Manager at Protium Finance in Ahmedabad, the key skills required include:

- Credit Underwriting
- Underwriting
- Credit Appraisal
- Credit Management
- CAM

These skills are highly valued at Protium Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Protium Finance for Credit Manager in India?

State Bank of India	₹18.0 Lakhs to ₹23.0 Lakhs per year
ICICI Bank	₹4.6 Lakhs to ₹17.1 Lakhs per year
Kotak Mahindra Bank	₹4.2 Lakhs to ₹12.6 Lakhs per year
HDFC Bank	₹3.2 Lakhs to ₹13.7 Lakhs per year
Edelweiss	₹4.7 Lakhs to ₹9.0 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Protium Finance in Ahmedabad?

The salary of a Credit Manager at companies similar to Protium Finance in Ahmedabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aadhar Housing Finance

₹3.8 Lakhs to ₹6.5 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 Credit Manager at Protium Finance in Ahmedabad?

The salary growth for a Credit Manager at Protium Finance in Ahmedabad depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Ahmedabad can expect the following growth trajectory at Protium Finance:

Experience	Average Salary Range
3 years	₹2.1 Lakhs to ₹7.2 Lakhs per year
4 years	₹3.6 Lakhs to ₹9.7 Lakhs per year
5 years	₹3.6 Lakhs to ₹10.2 Lakhs per year
6 years	₹5.9 Lakhs to ₹10.7 Lakhs per year

and so on.

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Protium Finance Credit Manager Salaries in Ahmedabad

Protium Finance Credit Manager salary in Ahmedabad ranges between ₹3.6 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Protium Finance latest salaries received from various employees of Protium Finance.