SelFin India Financial Services Mumbai Credit Manager Salaries by 8 Employees

1 - 8 years exp.

₹2.1 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

52% less than the average Credit Manager Salary for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹5 L/yr
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Customer Success, Service & Operations Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr

Last Updated: 30 May 2023

Companies similar to SelFin India Financial Services for Credit Manager in Mumbai

SelFin India Financial Services Credit Manager Salary

1 - 8 years exp. (8 salaries)

₹2.1 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Manager Salary 0 - 12 years exp. (562 salaries)	₹4 L/yr - ₹17.4 L/yr 156% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (455 salaries)	₹4 L/yr - ₹15 L/yr 129% more	13 job openings
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Kotak Mahindra Bank Credit Manager Salary 0 - 10 years exp. (231 salaries)	₹3.8 L/yr - ₹13 L/yr 118% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (211 salaries)	₹3 L/yr - ₹13 L/yr 101% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (150 salaries)	₹4.7 L/yr - ₹15 L/yr 140% more

Credit Manager salary at SelFin India Financial Services ranges between ₹2.1 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 8 latest salaries received from various employees of SelFin India Financial Services.

Experience wise SelFin India Financial Services Credit Manager salaries in Mumbai

Last Updated: 30 May 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

View all

Similar Designation salaries in SelFin India Financial Services

Assistant Vice President Salary

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₹16.2 L/yr - ₹20.7 L/yr

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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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SelFin India Financial Services Credit Manager Salary FAQs

What is the salary of Credit Manager at SelFin India Financial Services in Mumbai?

The average salary of a Credit Manager at SelFin India Financial Services in Mumbai typically ranges from ₹2.1 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Credit Manager in Mumbai at SelFin India Financial Services earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Credit Manager Salaries at SelFin India Financial Services 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 8 SelFin India Financial Services employees in India.

What is the estimated take home salary of a Credit Manager at SelFin India Financial Services in Mumbai?

The estimated take-home salary of a Credit Manager at SelFin India Financial Services in Mumbai typically ranges from ₹28,553 to ₹29,939 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 1 year 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 8 salaries received from various employees of SelFin India Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SelFin India Financial Services for Credit Manager in India?

ICICI Bank	₹4.0 Lakhs to ₹17.4 Lakhs per year
Axis Bank	₹4.7 Lakhs to ₹15.0 Lakhs per year
HDFC Bank	₹4.0 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank	₹3.8 Lakhs to ₹13.0 Lakhs per year
IDFC FIRST Bank	₹3.0 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SelFin India Financial Services, depending on the role and experience level.

How the salary growth look like for a Credit Manager at SelFin India Financial Services in Mumbai?

The salary growth for a Credit Manager at SelFin India Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Mumbai can expect the following growth trajectory at SelFin India Financial Services:

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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SelFin India Financial Services Credit Manager Salaries in Mumbai

SelFin India Financial Services Credit Manager salary in Mumbai ranges between ₹2.1 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 SelFin India Financial Services latest salaries received from various employees of SelFin India Financial Services.