SBFC Finance Indore Credit Manager Salaries by 10+ Employees (Updated 2025)

0 - 8 years exp.

₹2.7 Lakhs - ₹6.7 Lakhs

Salary of majority employees

37% less than the average Credit Manager Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 1 - 8 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr
BFSI, Investments & Trading Credit Manager Salary 1 - 7 years exp. (3 salaries)	₹4.4 L/yr - ₹6.7 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 - ₹4.6 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. (12 salaries)

₹2.7 L/yr - ₹6.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Credit Manager Salary 2 - 10 years exp. (10 salaries)	₹5.5 L/yr - ₹8.5 L/yr 85% more	8 job openings
Aditya Birla Capital Credit Manager Salary 2 - 9 years exp. (11 salaries)	₹4.5 L/yr - ₹10.4 L/yr 67% more
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Shubham Housing Development Finance Credit Manager Salary 3 - 7 years exp. (8 salaries)	₹2.9 L/yr - ₹5.2 L/yr 4% more
Vistaar Finance Credit Manager Salary 1 - 8 years exp. (4 salaries)	₹4.3 L/yr - ₹6 L/yr 26% more
Tata Capital Housing Finance Credit Manager Salary 4 - 7 years exp. (4 salaries)	₹7.6 L/yr - ₹12 L/yr 98% more
Bajaj Housing Finance Credit Manager Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr At par
Finova Capital Credit Manager Salary 3 - 6 years exp. (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr 17% 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 12 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)	₹2.7 L/yr - ₹4 L/yr
1 year (3 salaries)	₹1.5 L/yr - ₹4.4 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.7 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.7 L/yr

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Similar Designation salaries in SBFC Finance

Branch Manager Salary

(13 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

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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SBFC Finance Credit Manager Salary FAQs

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

Credit Manager salary at SBFC Finance in Indore ranges between ₹2.7 Lakhs to ₹6.7 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 37% less than the average Credit Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of SBFC Finance Indore.

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

The average salary of a Credit Manager at SBFC Finance is 37% less than the average salary of a Credit Manager in Indore. To know exact salary insights, login to view.

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

Credit Management, NBFC, Credit Analysis, Credit Appraisal and Credit Underwriting are some of the popular skills required to work as a Credit Manager at SBFC Finance Indore.

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

Tata Capital Housing Finance Credit Manager Salary - ₹7.6 Lakhs to ₹12.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹5.5 Lakhs to ₹8.5 Lakhs per year
Aditya Birla Capital Credit Manager Salary - ₹4.5 Lakhs to ₹10.4 Lakhs per year
Vistaar Finance Credit Manager Salary - ₹4.3 Lakhs to ₹6.0 Lakhs per year
Shubham Housing Development Finance Credit Manager Salary - ₹2.9 Lakhs to ₹5.2 Lakhs per year

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

Bajaj Housing Finance Credit Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Finova Capital Credit Manager Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year

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 ranges between ₹32,890 per month to ₹34,161 per month in Indore. The take-home salary calculation is based on the average SBFC Finance Credit Manager salary in India which ranges between ₹2.7 Lakhs to ₹6.7 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at SBFC Finance in Indore?

According to AmbitionBox, 38% of the SBFC Finance Credit Managers in Indore reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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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 12 SBFC Finance latest salaries received from various employees of SBFC Finance.