Protium Finance Mumbai Credit Manager Salaries by 10+ Employees (Updated 2025)

2 - 11 years exp.

₹3.8 Lakhs - ₹11 Lakhs

Salary of majority employees

23% less than the average Credit Manager Salary in Financial Services Companies for 2 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 2 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹7.5 L/yr
Finance & Accounting Credit Manager Salary 2 - 11 years exp. (4 salaries)	₹4 L/yr - ₹7.2 L/yr
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Customer Success, Service & Operations Credit Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹11 L/yr

Last Updated: 24 Feb 2025

Companies similar to Protium Finance for Credit Manager in Mumbai

Protium Finance Credit Manager Salary

2 - 11 years exp. (16 salaries)

₹3.8 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (451 salaries)	₹4 L/yr - ₹15 L/yr 49% more	7 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (564 salaries)	₹4 L/yr - ₹16.5 L/yr 59% more
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Axis Bank Credit Manager Salary 0 - 12 years exp. (147 salaries)	₹4 L/yr - ₹15.3 L/yr 48% more
State Bank of India Credit Manager Salary 12 - 14 years exp. (6 salaries)	₹12 L/yr - ₹27 L/yr 190% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (240 salaries)	₹4 L/yr - ₹13 L/yr 33% more
Aadhar Housing Finance Credit Manager Salary 2 - 10 years exp. (42 salaries)	₹3.4 L/yr - ₹6.3 L/yr 23% less
ICICI Home Finance Credit Manager Salary 1 - 9 years exp. (26 salaries)	₹2.5 L/yr - ₹9.9 L/yr 1% more
Edelweiss Credit Manager Salary 0 - 8 years exp. (17 salaries)	₹3.5 L/yr - ₹10.7 L/yr 1% less
Sharekhan Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹8.3 L/yr 15% less

Credit Manager salary at Protium Finance ranges between ₹3.8 Lakhs to ₹11 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 16 latest salaries received from various employees of Protium Finance.

Experience wise Protium Finance Credit Manager salaries in Mumbai

Last Updated: 24 Feb 2025

Experience	Avg Annual Salary
2 years (5 salaries)	₹5.2 L/yr - ₹7.2 L/yr
3 years (4 salaries)	₹4 L/yr - ₹6 L/yr
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4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.7 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹11.1 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.5 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹13.1 L/yr

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Similar Designation salaries in Protium Finance

Deputy Manager Salary

(17 salaries)

₹3.07 L/yr - ₹6.6 L/yr

Chief Manager Salary

(7 salaries)

₹14 L/yr - ₹20 L/yr

Sales Manager Salary

(3 salaries)

₹4.9 L/yr - ₹6.07 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

5.0

Rated by 2 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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Protium Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Protium Finance Mumbai?

Credit Manager salary at Protium Finance in Mumbai ranges between ₹3.8 Lakhs to ₹11.0 Lakhs for experience between 2 years to 11 years. According to our estimates it is 23% less than the average Credit Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Protium Finance Mumbai.

How does the salary of a Credit Manager at Protium Finance Mumbai compare with the average salary range for this job?

The average salary of a Credit Manager at Protium Finance is 23% less than the average salary of a Credit Manager in Mumbai. 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 Mumbai.

Which similar companies are paying more than Protium Finance to a Credit Manager in Mumbai?

State Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹16.5 Lakhs per year
HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year

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

ICICI Home Finance Credit Manager Salary - ₹2.5 Lakhs to ₹9.9 Lakhs per year
Edelweiss Credit Manager Salary - ₹3.5 Lakhs to ₹10.7 Lakhs per year
Sharekhan Credit Manager Salary - ₹4.0 Lakhs to ₹8.3 Lakhs per year
Aadhar Housing Finance Credit Manager Salary - ₹3.4 Lakhs to ₹6.3 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Protium Finance ranges between ₹47,624 per month to ₹48,751 per month in Mumbai. The take-home salary calculation is based on the average Protium Finance Credit Manager salary in India which ranges between ₹3.8 Lakhs to ₹11.0 Lakhs per year for employees with experience between 2 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Protium Finance in Mumbai?

According to AmbitionBox, 43% of the Protium Finance Credit Managers in Mumbai reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Protium Finance Credit Manager Salaries in Mumbai

Protium Finance Credit Manager salary in Mumbai ranges between ₹3.8 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Protium Finance latest salaries received from various employees of Protium Finance.