Religare Finvest Credit Manager Salaries by 7 Employees

0 - 6 years exp.

₹6.7 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Credit Manager Salary in Financial Services Companies for 0 - 6 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Religare Finvest for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (388 salaries)	₹2.5 L/yr - ₹8.5 L/yr 34% less
Aditya Birla Capital Credit Manager Salary 3 - 10 years exp. (151 salaries)	₹4 L/yr - ₹10.4 L/yr 17% less
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Edelweiss Credit Manager Salary 0 - 8 years exp. (141 salaries)	₹2.7 L/yr - ₹12 L/yr 22% less
Magma Housing Finance Credit Manager Salary 2 - 10 years exp. (14 salaries)	₹3.5 L/yr - ₹10.5 L/yr 30% less
Srei Equipment Finance Credit Manager Salary 5 - 12 years exp. (8 salaries)	₹4 L/yr - ₹9.2 L/yr 25% less
Reliance Capital Credit Manager Salary 0 - 13 years exp. (7 salaries)	₹6 L/yr - ₹8.4 L/yr 19% less
JM Financial Credit Manager Salary 3 - 9 years exp. (6 salaries)	₹3.6 L/yr - ₹8.6 L/yr 28% less
Sharekhan Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹8.3 L/yr 43% less
Motilal Oswal Financial Services Credit Manager Salary 0 - 13 years exp. (5 salaries)	₹5.1 L/yr - ₹6.5 L/yr 37% less
Wells Fargo Credit Manager Salary 2 - 11 years exp. (5 salaries)	₹7.7 L/yr - ₹25 L/yr 95% more
Muthoot Capital Services Credit Manager Salary 9 - 15 years exp. (4 salaries)	₹3.5 L/yr - ₹7.5 L/yr 31% less
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Motilal Oswal Credit Manager Salary 6 - 7 years exp. (4 salaries)	₹3.9 L/yr - ₹5.2 L/yr 49% less
JPMorgan Chase & Co. Credit Manager Salary 3 - 4 years exp. (3 salaries)	₹22.5 L/yr - ₹40 L/yr 213% more

Credit Manager salary at Religare Finvest ranges between ₹6.7 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Religare Finvest.

Experience wise Religare Finvest Credit Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.7 L/yr - ₹14.3 L/yr
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹14.9 L/yr
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2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10 L/yr
3 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹14 L/yr
6 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹13.2 L/yr

View all

Similar Designation salaries in Religare Finvest

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Area Credit Manager Salary

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Branch Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Deputy Manager Salary

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Credit Analyst Salary

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Sales Manager Salary

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Branch Credit Manager Salary

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Credit Underwriter Salary

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₹5.4 L/yr - ₹6.9 L/yr

Credit Executive Salary

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₹2.6 L/yr - ₹7.5 L/yr

Salary related reviews for Religare Finvest

4.8

Rated by 4 employees for salary & benefits

Relationship Manager in Nashik

Full Time

sales Department

4.0

• posted on 23 Sep 2017

4.0

for Salary and Benefits

Likes

While working with RFL I liked its environment, incentive structure, pay scale, teammates. Overall Religare is very healthiest company for work.

Salary - Good

+6 more

Dislikes

The superior which I was reporting was the most part which I dislike. He is the reason for me to left the company.

Credit Executive in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

5.0

• posted on 06 Apr 2019

1.0

for Salary and Benefits

Likes

In 2 and half years of working experience in this organisation I have given my utmost support, hard work, extra hours work, passion to complete the work without making delay with zero audit queries but in my entire time of 2 and half year they have increased only Rs.200/- in my appraisal which is very pathetic. And I never forgot that reporting boss Mr. Vamshikrishna A, who is now working for HDFC Bank as a CM for unsecured Business Loans.

Skill development - Excellent

Dislikes

pathetic politics of local Telugu guys inside the organization and given only a salary hike of Rs.200/-.in entire 2 and half years of my work.

Salary - Bad

+4 more

Senior Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 24 Jun 2024

4.0

for Salary and Benefits

Likes

It was good to be a part of Religare since 2008 to till date. Working environment and work culture is very good, further friendly relations with each other including higher management

Salary - Good

+6 more

Dislikes

Company under RBI CAP & not doing business since 2018, so there is no challenge faced & unable to grow. Further due RBI capping risk of job safety as well

Back Office Operator in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 20 Dec 2023

5.0

for Salary and Benefits

Likes

All staff very nice and supportive each one and religare work experiance so nice not company it's like our big home . Find satisfaction ,respect and growth.in future if give opportunity for work I will do work happly once again.

Salary - Excellent

+6 more

Dislikes

My experiance very nice .

Credit Operation Executive in Baroda Gujarat

BFSI, Investments & Trading Department

5.0

• posted on 14 Aug 2020

5.0

for Salary and Benefits

Likes

Good policy

Salary - Excellent

+6 more

Dislikes

Not good Behavior for reporting manager for the name of Himanshu Modi (ZOH) he is totally politics game for junior employees example for me i have handled 3 branch for surat, baroda and vapi but he was resignation for religare finvest

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Religare Finvest Credit Manager Salary FAQs

What is the salary of Credit Manager at Religare Finvest ?

The average salary of a Credit Manager at Religare Finvest in India typically ranges from ₹6.7 Lakhs to ₹14.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Credit Manager at Religare Finvest earn more than ₹13.8 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Credit Manager Salaries at Religare Finvest 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 7 Religare Finvest employees in India.

What is the estimated take home salary of a Credit Manager at Religare Finvest in India?

The estimated take-home salary of a Credit Manager at Religare Finvest in India typically ranges from ₹65,933 to ₹67,618 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from Fresher 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 7 salaries received from various employees of Religare Finvest. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Religare Finvest for Credit Manager in India?

JPMorgan Chase & Co.	₹22.5 Lakhs to ₹40.0 Lakhs per year
Wells Fargo	₹7.7 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Religare Finvest in India?

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

Aditya Birla Capital	₹4.0 Lakhs to ₹10.4 Lakhs per year
Reliance Capital	₹6.0 Lakhs to ₹8.4 Lakhs per year
Edelweiss	₹2.7 Lakhs to ₹12.0 Lakhs per year
Srei Equipment Finance	₹4.0 Lakhs to ₹9.2 Lakhs per year
JM Financial	₹3.6 Lakhs to ₹8.6 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 Religare Finvest in India?

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

Experience	Average Salary Range
Fresher	₹6.7 Lakhs to ₹14.3 Lakhs per year
1 year	₹7.0 Lakhs to ₹14.9 Lakhs per year
2 years	₹3.4 Lakhs to ₹10.0 Lakhs per year
3 years	₹8.0 Lakhs to ₹10.2 Lakhs per year

and so on.

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Religare Finvest Credit Manager Salaries

Religare Finvest Credit Manager salary in India ranges between ₹6.7 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Religare Finvest latest salaries received from various employees of Religare Finvest.