SBFC Finance Indore Credit Manager Salaries by 10+ Employees

0 - 8 years exp.

₹2.7 Lakhs - ₹6.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% less than the average Credit Manager Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 1 - 7 years exp. (4 salaries)	₹4.4 L/yr - ₹6.7 L/yr
Finance & Accounting Credit Manager Salary 1 - 8 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr
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Customer Success, Service & Operations Credit Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.1 L/yr
Risk Management & Compliance Credit Manager Salary Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.7 L/yr

Last Updated: 20 Dec 2024

Companies similar to SBFC Finance for Credit Manager in Indore

SBFC Finance Credit Manager Salary

0 - 8 years exp. (13 salaries)

₹2.7 L/yr - ₹6.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Shubham Housing Development Finance Credit Manager Salary 3 - 7 years exp. (7 salaries)	₹2.9 L/yr - ₹5.3 L/yr 1% less
AVIOM Credit Manager Salary 3 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 27% less
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Vistaar Finance Credit Manager Salary 1 - 8 years exp. (4 salaries)	₹4.3 L/yr - ₹6 L/yr 8% more
Tata Capital Housing Finance Credit Manager Salary 4 - 7 years exp. (4 salaries)	₹9 L/yr - ₹12 L/yr 91% more
Bajaj Housing Finance Credit Manager Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 1% more
Finova Capital Credit Manager Salary 3 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹4.5 L/yr 14% less

Credit Manager salary at SBFC Finance ranges between ₹2.7 Lakhs to ₹6.7 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 13 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Credit Manager salaries in Indore

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
1 year (3 salaries)	₹1.6 L/yr - ₹4.4 L/yr
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2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr

View all

Similar Designation salaries in SBFC Finance

Branch Manager Salary

(17 salaries)

₹3.3 L/yr - ₹6.2 L/yr

Branch Credit Manager Salary

(6 salaries)

₹3.1 L/yr - ₹6 L/yr

Credit Officer Salary

(6 salaries)

₹2.35 L/yr - ₹3.6 L/yr

Top skills at SBFC Finance for Credit Manager

Credit Management NBFC Credit Analysis Credit Appraisal Credit Underwriting fraud control Credit Processing Customer Service Collections Strategy Sales Operations Branch Management Gold Loan Credit CV Credit Risk Analysis

Salary related reviews for SBFC Finance

1.5

Rated by 3 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

Area Business Manager in Azamgarh

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2025

5.0

for Salary and Benefits

Likes

Good salary Low ROI Diverse loans products Fast login to Disbursement Approachable hierarchy

Salary - Excellent

+3 more

Dislikes

No training. Act as a vintage employee on the very 1st day of joining. Yelling without fault by boss. No leave after 15th of month. First or second Sunday holiday is also given as a favour. No any source a available to know about Product knowledge & credit policy. only talk to you about files login. You will have no status of previous login files.

Work satisfaction - Bad

+2 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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBFC Finance Credit Manager Salary FAQs

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

The average salary of a Credit Manager at SBFC Finance in Indore typically ranges from ₹2.7 Lakhs to ₹6.7 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Credit Manager in Indore at SBFC Finance earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. 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 10+ SBFC Finance employees in India.

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

The estimated take-home salary of a Credit Manager at SBFC Finance in Indore typically ranges from ₹35,397 to ₹36,631 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹6.7 Lakhs per year for employees with experience ranging from Fresher to 8 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 10+ 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 Credit Manager at SBFC Finance in Indore?

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

- Credit Management
- NBFC
- Credit Analysis
- Credit Appraisal
- Credit Underwriting

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 Credit Manager in India?

Tata Capital Housing Finance	₹9.0 Lakhs to ₹12.0 Lakhs per year
Vistaar Finance	₹4.3 Lakhs to ₹6.0 Lakhs per year
Bajaj Housing Finance	₹2.0 Lakhs to ₹5.0 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 Credit Manager in companies similar to SBFC Finance in Indore?

The salary of a 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:

Shubham Housing Development Finance	₹2.9 Lakhs to ₹5.3 Lakhs per year
Finova Capital	₹3.8 Lakhs to ₹4.5 Lakhs per year
AVIOM	₹2.8 Lakhs to ₹4.5 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 SBFC Finance in Indore?

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

Experience	Average Salary Range
Fresher	₹3.2 Lakhs to ₹4.1 Lakhs per year
1 year	₹1.6 Lakhs to ₹4.4 Lakhs per year
2 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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SBFC Finance Credit Manager Salaries in Indore

SBFC Finance Credit Manager salary in Indore ranges between ₹2.7 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 SBFC Finance latest salaries received from various employees of SBFC Finance.