SBFC Finance Mumbai Credit Manager Salaries by 5 Employees (Updated 2024)

0 - 3 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

43% less than the average Credit Manager Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 1 - 3 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr
BFSI, Investments & Trading Credit Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4 L/yr - ₹6.3 L/yr
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Risk Management & Compliance Credit Manager Salary Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr

Last Updated: 28 Jan 2024

Companies similar to SBFC Finance for Credit Manager in Mumbai

SBFC Finance Credit Manager Salary

0 - 3 years exp. (5 salaries)

₹3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (441 salaries)	₹4 L/yr - ₹14 L/yr 102% more	4 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (561 salaries)	₹4.3 L/yr - ₹15.2 L/yr 116% more
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Axis Bank Credit Manager Salary 0 - 13 years exp. (143 salaries)	₹4 L/yr - ₹14.9 L/yr 101% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (238 salaries)	₹3.8 L/yr - ₹15.2 L/yr 85% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (80 salaries)	₹4.3 L/yr - ₹12.4 L/yr 75% more	11 job openings
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (40 salaries)	₹4.5 L/yr - ₹10.8 L/yr 46% more
Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (11 salaries)	₹3.5 L/yr - ₹8 L/yr 8% more
Kotak Mahindra Prime Credit Manager Salary 0 - 9 years exp. (23 salaries)	₹4.5 L/yr - ₹10.7 L/yr 76% more
InCred Finance Credit Manager Salary 1 - 9 years exp. (23 salaries)	₹4.1 L/yr - ₹10 L/yr 50% more
PNB Housing Finance Credit Manager Salary 0 - 10 years exp. (19 salaries)	₹5 L/yr - ₹11.4 L/yr 77% more
Shubham Housing Development Finance Credit Manager Salary 1 - 12 years exp. (16 salaries)	₹2.4 L/yr - ₹6 L/yr 2% less	1 job opening
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Tata Capital Housing Finance Credit Manager Salary 4 - 8 years exp. (11 salaries)	₹5 L/yr - ₹11.7 L/yr 78% more
Ugro Capital Credit Manager Salary 3 - 9 years exp. (8 salaries)	₹4.5 L/yr - ₹8.5 L/yr 38% more	1 job opening
LIC Housing Finance Credit Manager Salary 3 - 11 years exp. (4 salaries)	₹12.2 L/yr - ₹18 L/yr 245% more
Bajaj Housing Finance Credit Manager Salary 2 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹5.3 L/yr 1% less
Hinduja Leyland Finance Credit Manager Salary 3 - 5 years exp. (3 salaries)	₹3.3 L/yr - ₹4.1 L/yr 12% less

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 3 years. Salary estimates are based on 5 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Credit Manager salaries in Mumbai

Last Updated: 28 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹6.3 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 - ₹7.8 L/yr

Similar Designation salaries in SBFC Finance

Branch Manager Salary

(5 salaries)

₹3.4 L/yr - ₹5.62 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 Credit Management Collections Strategy Sales Operations Branch Management Gold Loan Credit Operations

Salary related reviews for SBFC Finance

2.0

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.

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 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 3 years. According to our estimates it is 43% less than the average Credit Manager Salary in India. Salary estimates are based on 5 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 43% 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 ₹15.2 Lakhs per year
HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.9 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.2 Lakhs per year

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

Tata Capital Housing Finance Credit Manager Salary - ₹5.0 Lakhs to ₹11.7 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹5.0 Lakhs to ₹11.4 Lakhs per year
Kotak Mahindra Prime Credit Manager Salary - ₹4.5 Lakhs to ₹10.7 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.3 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 ₹34,246 per month to ₹35,497 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 3 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 1 response 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 5 SBFC Finance latest salaries received from various employees of SBFC Finance.