SBFC Finance Cluster Credit Manager Salaries by 9 Employees (Updated 2024)

5 - 11 years exp.

₹6.5 Lakhs - ₹12 Lakhs

Salary of majority employees

21% less than the average Cluster Credit Manager Salary in NBFC Companies for 5 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹8.6 L/yr - ₹9 L/yr
Risk Management & Compliance Cluster Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹12 L/yr
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Finance & Accounting Cluster Credit Manager Salary 11 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹8 L/yr

Last Updated: 30 Oct 2024

Companies similar to SBFC Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 18% less
Axis Bank Cluster Credit Manager Salary 4 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹12 L/yr 11% less
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Kotak Mahindra Bank Cluster Credit Manager Salary 2 - 13 years exp. (4 salaries)	₹7 L/yr - ₹13.5 L/yr 31% more
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (16 salaries)	₹12.3 L/yr - ₹19.8 L/yr 102% more
Tata Capital Cluster Credit Manager Salary 6 - 21 years exp. (5 salaries)	₹12.1 L/yr - ₹17 L/yr 85% more
Piramal Capital Housing Finance Cluster Credit Manager Salary 7 - 20 years exp. (78 salaries)	₹7.7 L/yr - ₹19.7 L/yr 84% more
Vistaar Finance Cluster Credit Manager Salary 6 - 15 years exp. (41 salaries)	₹7 L/yr - ₹12.5 L/yr 29% more
Ugro Capital Cluster Credit Manager Salary 7 - 14 years exp. (13 salaries)	₹9.7 L/yr - ₹12.5 L/yr 34% more
Capri Global Capital Cluster Credit Manager Salary 5 - 16 years exp. (16 salaries)	₹12.5 L/yr - ₹16.7 L/yr 77% more
Bajaj Housing Finance Cluster Credit Manager Salary 8 - 13 years exp. (10 salaries)	₹10.7 L/yr - ₹17.5 L/yr 69% more
Veritas Finance Cluster Credit Manager Salary 6 - 15 years exp. (8 salaries)	₹4.3 L/yr - ₹11 L/yr 21% more
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Kogta Financial India Limited Cluster Credit Manager Salary 5 - 11 years exp. (7 salaries)	₹4.8 L/yr - ₹8.2 L/yr 4% less
Hinduja Leyland Finance Cluster Credit Manager Salary 1 - 15 years exp. (7 salaries)	₹4 L/yr - ₹8.5 L/yr 23% less
Hero FinCorp Cluster Credit Manager Salary 0 - 14 years exp. (4 salaries)	₹5 L/yr - ₹20.3 L/yr 70% more
Vastu Housing Finance Cluster Credit Manager Salary 9 - 15 years exp. (4 salaries)	₹8 L/yr - ₹15 L/yr 44% more
Electronica Finance Cluster Credit Manager Salary 5 - 11 years exp. (4 salaries)	₹5 L/yr - ₹8.5 L/yr 8% less

Cluster Credit Manager salary at SBFC Finance ranges between ₹6.5 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 9 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Cluster Credit Manager salaries

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹6.5 L/yr - ₹9 L/yr
6 years (3 salaries)	₹3.2 L/yr - ₹9 L/yr
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7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹12 L/yr
10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.4 L/yr

View all

Similar Designation salaries in SBFC Finance

Area Credit Manager Salary

(31 salaries)

₹5 L/yr - ₹7.85 L/yr

Branch Credit Manager Salary

(84 salaries)

₹2.55 L/yr - ₹6.25 L/yr

Assistant Credit Manager Salary

(3 salaries)

₹3.5 L/yr - ₹5 L/yr

Regional Credit Manager Salary

(8 salaries)

₹8.6 L/yr - ₹17.75 L/yr

Credit Manager Salary

(80 salaries)

₹2.8 L/yr - ₹7.2 L/yr

Senior Credit Officer Salary

(4 salaries)

₹2.8 L/yr - ₹3.7 L/yr

Relationship Manager Salary

(4 salaries)

₹2.05 L/yr - ₹3.1 L/yr

Credit Officer Salary

(32 salaries)

₹2 L/yr - ₹4 L/yr

Branch Manager Salary

(208 salaries)

₹3 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(4 salaries)

₹3.8 L/yr - ₹5 L/yr

Top skills at SBFC Finance for Cluster Credit Manager

Credit Appraisal Credit Risk Analysis Credit Policy Credit Management Dentistry Credit Underwriting Credit Operations Credit Risk Analysis Credit Processing Six Sigma Yellow Belt Credit Evaluation Credit Analysis Action Script

Salary related reviews for SBFC Finance

5.0

Rated by 2 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.

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.

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.

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing to like here Infact this question should not be asked here . The work culture is terrible .

Dislikes

...hey have also mentioned this as a clause in your working terms and conditions. Here F and F consist of Two months salary and Settlement amount . Which they will try every possible way to not to clear it. No HR is going to help you any of your issue . After resignation you will get to hear every Threatening messages from Senior management . They will hold your F and F , Ruin your Career, No experience letter and what not . The biggest proof is you will find only new employees in the floor .All the old ones are Either the sugar baby or Relatives of Senior Managers .

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..

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBFC Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at SBFC Finance?

Cluster Credit Manager salary at SBFC Finance in India ranges between ₹6.5 Lakhs to ₹12.0 Lakhs for experience between 5 years to 11 years. According to our estimates it is 21% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of SBFC Finance India.

How does the salary of a Cluster Credit Manager at SBFC Finance India compare with the average salary range for this job?

The average salary of a Cluster Credit Manager at SBFC Finance is 21% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Credit Manager at SBFC Finance?

Credit Appraisal, Credit Risk Analysis, Credit Policy, Credit Management and Dentistry are some of the popular skills required to work as a Cluster Credit Manager at SBFC Finance India.

Which similar companies are paying more than SBFC Finance to a Cluster Credit Manager in India?

Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹19.8 Lakhs per year
Tata Capital Cluster Credit Manager Salary - ₹12.1 Lakhs to ₹17.0 Lakhs per year
Piramal Capital Housing Finance Cluster Credit Manager Salary - ₹7.7 Lakhs to ₹19.7 Lakhs per year
Capri Global Capital Cluster Credit Manager Salary - ₹12.5 Lakhs to ₹16.7 Lakhs per year
Hero FinCorp Cluster Credit Manager Salary - ₹5.0 Lakhs to ₹20.3 Lakhs per year

What is the salary of a Cluster Credit Manager in companies similar to SBFC Finance in India?

Bajaj Housing Finance Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹17.5 Lakhs per year
Vastu Housing Finance Cluster Credit Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
Ugro Capital Cluster Credit Manager Salary - ₹9.7 Lakhs to ₹12.5 Lakhs per year
Kotak Mahindra Bank Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹13.5 Lakhs per year
Vistaar Finance Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Manager at SBFC Finance ranges between ₹58,952 per month to ₹60,439 per month in India. The take-home salary calculation is based on the average SBFC Finance Cluster Credit Manager salary in India which ranges between ₹6.5 Lakhs to ₹12.0 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 Cluster Credit Manager at SBFC Finance?

According to AmbitionBox, 90% of the SBFC Finance Cluster Credit Managers reported a notice period of 3 Months, 10% reported a notice period of 2 Months.This is based on 20 responses on AmbitionBox in last 2 years.

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SBFC Finance Cluster Credit Manager Salaries

SBFC Finance Cluster Credit Manager salary in India ranges between ₹6.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 SBFC Finance latest salaries received from various employees of SBFC Finance.