SBFC Finance Mumbai Credit Manager Salaries by 7 Employees (Updated 2025)

0 - 4 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

46% less than the average Credit Manager Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 1 - 4 years exp. (5 salaries)	₹4 L/yr - ₹5 L/yr
BFSI, Investments & Trading Credit Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4 L/yr - ₹6.1 L/yr
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Risk Management & Compliance Credit Manager Salary Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹4.5 L/yr

Last Updated: 13 Feb 2025

Companies similar to SBFC Finance for Credit Manager in Mumbai

SBFC Finance Credit Manager Salary

0 - 4 years exp. (7 salaries)

₹3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (449 salaries)	₹4 L/yr - ₹15 L/yr 111% more	7 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (567 salaries)	₹4.3 L/yr - ₹15 L/yr 127% more
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Axis Bank Credit Manager Salary 0 - 12 years exp. (145 salaries)	₹4 L/yr - ₹15.3 L/yr 109% more
Kotak Mahindra Bank Credit Manager Salary 0 - 10 years exp. (238 salaries)	₹4 L/yr - ₹13 L/yr 89% more
Tata Capital Credit Manager Salary 0 - 10 years exp. (80 salaries)	₹3 L/yr - ₹12.4 L/yr 75% more	6 job openings
Aditya Birla Capital Credit Manager Salary 2 - 9 years exp. (41 salaries)	₹4.5 L/yr - ₹10.8 L/yr 55% more
Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (9 salaries)	₹3.5 L/yr - ₹8 L/yr 17% more
InCred Finance Credit Manager Salary 2 - 9 years exp. (23 salaries)	₹4.1 L/yr - ₹10 L/yr 57% more
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (22 salaries)	₹4.5 L/yr - ₹11 L/yr 86% more
PNB Housing Finance Credit Manager Salary 0 - 10 years exp. (18 salaries)	₹5 L/yr - ₹11.4 L/yr 85% more
Shubham Housing Development Finance Credit Manager Salary 2 - 9 years exp. (15 salaries)	₹2.4 L/yr - ₹5.5 L/yr 6% less
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Tata Capital Housing Finance Credit Manager Salary 4 - 8 years exp. (10 salaries)	₹5 L/yr - ₹11 L/yr 84% more
Ugro Capital Credit Manager Salary 3 - 9 years exp. (8 salaries)	₹4.5 L/yr - ₹8.5 L/yr 43% more
LIC Housing Finance Credit Manager Salary 3 - 11 years exp. (4 salaries)	₹12.2 L/yr - ₹18 L/yr 258% more
Bajaj Housing Finance Credit Manager Salary 2 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹5.3 L/yr 11% more

Credit Manager salary at SBFC Finance ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Credit Manager salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹6.2 L/yr
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.9 L/yr

Similar Designation salaries in SBFC Finance

Branch Manager Salary

(5 salaries)

₹3.4 L/yr - ₹4.6 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

1.0

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.

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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SBFC Finance Credit Manager Salary FAQs

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

Credit Manager salary at SBFC Finance in Mumbai ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 46% less than the average Credit Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SBFC Finance Mumbai.

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

The average salary of a Credit Manager at SBFC Finance is 46% less than the average salary of a Credit Manager in Mumbai. 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 Mumbai.

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

LIC Housing Finance Credit Manager Salary - ₹12.2 Lakhs to ₹18.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.3 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year

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

Kotak Mahindra Prime Credit Manager Salary - ₹4.5 Lakhs to ₹11.0 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹5.0 Lakhs to ₹11.4 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹3.0 Lakhs to ₹12.4 Lakhs per year
InCred Finance Credit Manager Salary - ₹4.1 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at SBFC Finance ranges between ₹32,865 per month to ₹34,137 per month in Mumbai. The take-home salary calculation is based on the average SBFC Finance Credit Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SBFC Finance Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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SBFC Finance Credit Manager Salaries in Mumbai

SBFC Finance Credit Manager salary in Mumbai ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SBFC Finance latest salaries received from various employees of SBFC Finance.