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3.9

based on 274 Reviews

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Protium Finance Credit Manager salaries in Chennai

Annual salary range
5 - 11 years exp.
₹4.3 Lakhs - ₹8 Lakhs
Salary of majority employees
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21% less than the average Credit Manager Salary in Financial Services Companies for 5 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
5 - 9 years exp. (4 salaries)
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₹4.5 L/yr - ₹7.5 L/yr

Finance & Accounting
Credit Manager Salary
6 - 11 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹8 L/yr

Risk Management & Compliance
Credit Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5.5 L/yr

Last Updated: 11 Jan 2025

Companies similar to Protium Finance for Credit Manager in Chennai

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Protium Finance Credit Manager Salary

5 - 11 years exp. (7 salaries)

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₹4.3 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Manager Salary

0 - 11 years exp. (176 salaries)

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₹2.8 L/yr - ₹12 L/yr

arrow icon 21% more
1 job opening
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (177 salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 43% more
1 job opening
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Axis Bank Credit Manager Salary

0 - 12 years exp. (44 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 39% more
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State Bank of India Credit Manager Salary

6 - 13 years exp. (8 salaries)

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₹13 L/yr - ₹32 L/yr

arrow icon 262% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 9 years exp. (40 salaries)

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₹4 L/yr - ₹13.2 L/yr

arrow icon 43% more
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Edelweiss Credit Manager Salary

0 - 8 years exp. (10 salaries)

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₹5.5 L/yr - ₹12 L/yr

arrow icon 12% more
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Aadhar Housing Finance Credit Manager Salary

3 - 9 years exp. (6 salaries)

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₹3.7 L/yr - ₹5.9 L/yr

arrow icon 27% less
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ICICI Home Finance Credit Manager Salary

1 - 6 years exp. (3 salaries)

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₹4.8 L/yr - ₹6.8 L/yr

arrow icon 3% less
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₹3.1 L/yr - ₹4 L/yr

arrow icon 42% less
1 job opening
Credit Manager salary at Protium Finance ranges between ₹4.3 Lakhs to ₹8 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Protium Finance.

Latest annual salaries shared by Protium Finance Credit Manager in Chennai

2w ago
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6 years exp.
2mo ago
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9 years exp.
2mo ago
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11 years exp.
5mo ago
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9 years exp.
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8 years exp.
1y ago
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6 years exp.
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5 years exp.

Experience wise Protium Finance Credit Manager salaries in Chennai

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹10.7 L/yr
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹11.2 L/yr
7 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹12.3 L/yr
9 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7.5 L/yr
View all

Similar Designation salaries in Protium Finance

Sales Manager Salary
(5 salaries)
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₹3.8 L/yr - ₹5.7 L/yr
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₹6.5 L/yr - ₹9 L/yr
Deputy Manager Salary
(3 salaries)
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₹2.5 L/yr - ₹5.34 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 2 employees for salary & benefits

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.

read more
  • Salary - Bad
    +6 more

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.

read more
  • Skill development - Bad
    +5 more

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.

read more
  • Salary - Bad
    +6 more

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.

read more
  • Salary - Bad
    +6 more

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

read more
  • Skill development - Bad
    +1 more
see more salary related reviews

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Protium Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Protium Finance Chennai?
Credit Manager salary at Protium Finance in Chennai ranges between ₹4.3 Lakhs to ₹8.0 Lakhs for experience between 5 years to 11 years. According to our estimates it is 21% less than the average Credit Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Protium Finance Chennai.
How does the salary of a Credit Manager at Protium Finance Chennai compare with the average salary range for this job?
The average salary of a Credit Manager at Protium Finance is 21% less than the average salary of a Credit Manager in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Credit Manager at Protium Finance?
Credit Underwriting, Underwriting, Credit Appraisal, Credit Management and CAM are some of the popular skills required to work as a Credit Manager at Protium Finance Chennai.
Which similar companies are paying more than Protium Finance to a Credit Manager in Chennai?
  • State Bank of India Credit Manager Salary - ₹13.0 Lakhs to ₹32.0 Lakhs per year
  • Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹13.2 Lakhs per year
  • ICICI Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
  • Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
  • HDFC Bank Credit Manager Salary - ₹2.8 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to Protium Finance in Chennai?
  • Edelweiss Credit Manager Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year
  • ICICI Home Finance Credit Manager Salary - ₹4.8 Lakhs to ₹6.8 Lakhs per year
  • Aadhar Housing Finance Credit Manager Salary - ₹3.7 Lakhs to ₹5.9 Lakhs per year
  • SBI Cards & Payment Services Credit Manager Salary - ₹3.1 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Credit Manager at Protium Finance in Chennai?
The estimated take-home salary of a Credit Manager at Protium Finance ranges between ₹48,758 per month to ₹49,911 per month in Chennai. The take-home salary calculation is based on the average Protium Finance Credit Manager salary in India which ranges between ₹4.3 Lakhs to ₹8.0 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at Protium Finance in Chennai?
According to AmbitionBox, 75% of the Protium Finance Credit Managers in Chennai reported a notice period of 3 Months, 17% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Protium Finance Credit Manager salary in Chennai ranges between ₹4.3 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Protium Finance latest salaries received from various employees of Protium Finance.