SBFC Finance Indore Branch Credit Manager Salaries by 5 Employees

1 - 6 years exp.

₹3.1 Lakhs - ₹6 Lakhs

Salary of majority employees

23% less than the average Branch Credit Manager Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Credit Manager Salary 2 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹5.3 L/yr
Customer Success, Service & Operations Branch Credit Manager Salary 1 year exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.7 L/yr
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Finance & Accounting Branch Credit Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹6 L/yr

Last Updated: 24 Nov 2024

Companies similar to SBFC Finance for Branch Credit Manager in Indore

SBFC Finance Branch Credit Manager Salary

1 - 6 years exp. (5 salaries)

₹3.1 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
PNB Housing Finance Branch Credit Manager Salary 2 - 7 years exp. (13 salaries)	₹4.5 L/yr - ₹9.3 L/yr 77% more
Shubham Housing Development Finance Branch Credit Manager Salary 4 - 8 years exp. (7 salaries)	₹3.6 L/yr - ₹6.1 L/yr 31% more
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Sammaan Capital Limited Branch Credit Manager Salary 2 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹6.8 L/yr 30% more
Finova Capital Branch Credit Manager Salary 1 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹5.2 L/yr 8% less	1 job opening
IDFC FIRST Bank Branch Credit Manager Salary 0 - 10 years exp. (27 salaries)	₹3.5 L/yr - ₹8.2 L/yr 23% more

Branch Credit Manager salary at SBFC Finance ranges between ₹3.1 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Branch Credit Manager salaries in Indore

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.6 L/yr
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.3 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.6 L/yr

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Similar Designation salaries in SBFC Finance

Branch Manager Salary

(17 salaries)

₹3.3 L/yr - ₹6.2 L/yr

Credit Manager Salary

(13 salaries)

₹2.7 L/yr - ₹6.7 L/yr

Credit Officer Salary

(6 salaries)

₹2.35 L/yr - ₹3.6 L/yr

Top skills at SBFC Finance for Branch Credit Manager

Credit Management Credit Underwriting Credit Analysis Credit Credit Policy Lap Underwriting Finance Interpersonal Skills Team Skills Credit Processing Financial Reporting Credit Appraisal Credit Assessment Credit Appraisal

Salary related reviews for SBFC Finance

3.0

Rated by 1 employees for salary & benefits

Sales Officer in Vadodara

Other Department

5.0

• posted on 16 Sep 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Branch Manager in Jaipur

BFSI, Investments & Trading Department

1.0

• posted on 22 Jan 2021

1.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of policies and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you can't resign. On the job training is not given to new joiners.

Salary - Bad

+6 more

Branch Manager in Sivasagar

BFSI, Investments & Trading Department

1.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

Giving salary on time.

Dislikes

Very worst company to work with. There is no value of HR policies, no working hours, no working days, no balance personal life, no final settlement after leaving the company, no relieving letter. Company spoil your career. I advise not to join the company.

Salary - Bad

+6 more

Branch Sales Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Mar 2024

1.0

for Salary and Benefits

Likes

No reason to like SBFC. all managers are worst in everything. Broken chairs , old school computers eating employees salary by making them victim . HR s are worst in system. Not giving salary . not clearing cases just taking login fees from customer and rejecting the cases. Work starts at 8 am and 11pm should be in office (godown)

Dislikes

Entire company. Yelahanka branch Greatest ASM Mr Devaraj has no money to run his family . Cheating and begging are his part time job inside office.

Salary - Bad

+6 more

Customer Relationship Manager in Jorhat (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 10 Jul 2024

3.0

for Salary and Benefits

Likes

On time salary and timing

Dislikes

Sbfc have no ownership quality ... There was no work culture.. They don't understand about employees emotions.. Reporting Boss and His reporting Boss are totally disgusting people..Also they have no sense for the customers views to understand..

Skill development - Poor

+5 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SBFC Finance Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at SBFC Finance in Indore?

The average salary of a Branch Credit Manager at SBFC Finance in Indore typically ranges from ₹3.1 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Branch Credit Manager in Indore at SBFC Finance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Branch Credit Manager Salaries at SBFC 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 SBFC Finance employees in India.

What is the estimated take home salary of a Branch Credit Manager at SBFC Finance in Indore?

The estimated take-home salary of a Branch Credit Manager at SBFC Finance in Indore typically ranges from ₹33,865 to ₹35,121 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year 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 SBFC Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Credit Manager at SBFC Finance in Indore?

To be a Branch Credit Manager at SBFC Finance in Indore, the key skills required include:

- Credit Management
- Credit Underwriting
- Credit Analysis
- Credit
- Credit Policy

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

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

PNB Housing Finance	₹4.5 Lakhs to ₹9.3 Lakhs per year
Shubham Housing Development Finance	₹3.6 Lakhs to ₹6.1 Lakhs per year
Sammaan Capital Limited	₹4.5 Lakhs to ₹6.8 Lakhs per year
IDFC FIRST Bank	₹3.5 Lakhs to ₹8.2 Lakhs per year

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

What is the salary of a Branch Credit Manager in companies similar to SBFC Finance in Indore?

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

Finova Capital

₹3.2 Lakhs to ₹5.2 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 Branch Credit Manager at SBFC Finance in Indore?

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

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹7.6 Lakhs per year
2 years	₹1.7 Lakhs to ₹5.3 Lakhs per year
3 years	₹1.8 Lakhs to ₹6.0 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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SBFC Finance Branch Credit Manager Salaries in Indore

SBFC Finance Branch Credit Manager salary in Indore ranges between ₹3.1 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBFC Finance latest salaries received from various employees of SBFC Finance.