Shubham Housing Development Finance Credit Manager Salaries by 100+ Employees (Updated 2025)

2 - 12 years exp.

₹2.3 Lakhs - ₹6.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

41% less than the average Credit Manager Salary in NBFC Companies for 2 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 2 - 10 years exp. (57 salaries)	₹2.4 L/yr - ₹6 L/yr
Finance & Accounting Credit Manager Salary 2 - 10 years exp. (57 salaries)	₹2.3 L/yr - ₹6 L/yr
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Risk Management & Compliance Credit Manager Salary 2 - 12 years exp. (11 salaries)	₹3 L/yr - ₹6.2 L/yr
Customer Success, Service & Operations Credit Manager Salary 8 - 11 years exp. (7 salaries)	₹4 L/yr - ₹6.3 L/yr

Last Updated: 29 Mar 2025

Companies similar to Shubham Housing Development Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (192 salaries)	₹4 L/yr - ₹13.5 L/yr 78% more
Vistaar Finance Credit Manager Salary 0 - 9 years exp. (161 salaries)	₹3 L/yr - ₹7.8 L/yr 15% more
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Ugro Capital Credit Manager Salary 4 - 11 years exp. (155 salaries)	₹3.2 L/yr - ₹11.1 L/yr 43% more
Bajaj Housing Finance Credit Manager Salary 1 - 6 years exp. (124 salaries)	₹2 L/yr - ₹7.8 L/yr 4% more
Kotak Mahindra Prime Credit Manager Salary 0 - 7 years exp. (133 salaries)	₹3.5 L/yr - ₹14.5 L/yr 75% more
PNB Housing Finance Credit Manager Salary 0 - 13 years exp. (95 salaries)	₹4.5 L/yr - ₹12.1 L/yr 88% more
India Shelter Finance Corporation Credit Manager Salary 0 - 7 years exp. (92 salaries)	₹2.9 L/yr - ₹6.5 L/yr 6% less
Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (72 salaries)	₹3 L/yr - ₹9 L/yr 15% more
InCred Finance Credit Manager Salary 2 - 11 years exp. (76 salaries)	₹4.1 L/yr - ₹11.4 L/yr 68% more
Electronica Finance Credit Manager Salary 3 - 10 years exp. (49 salaries)	₹2.5 L/yr - ₹10.1 L/yr 16% more	1 job opening

View all

Credit Manager salary at Shubham Housing Development Finance ranges between ₹2.3 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 153 latest salaries received from various employees of Shubham Housing Development Finance.

Latest annual salaries shared by Shubham Housing Development Finance Credit Manager

4d ago

₹6.3 Lakhs

9 years exp.

1mo ago

₹6 Lakhs

8 years exp.

1mo ago

₹3 Lakhs

3 years exp.

2mo ago

₹5.5 Lakhs

12 years exp.

2mo ago

₹6 Lakhs

10 years exp.

3mo ago

12 years exp.

3mo ago

3 years exp.

3mo ago

9 years exp.

4mo ago

7 years exp.

4mo ago

2 years exp.

Experience wise Shubham Housing Development Finance Credit Manager salaries

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
2 years (18 salaries)	₹2.8 L/yr - ₹4.3 L/yr
3 years (24 salaries)	₹2.4 L/yr - ₹4.5 L/yr
Login to view exact salary
4 years (27 salaries)	₹2.3 L/yr - ₹4.8 L/yr
5 years (29 salaries)	₹2.4 L/yr - ₹5.5 L/yr
6 years (22 salaries)	₹3.1 L/yr - ₹6 L/yr
7 years (12 salaries)	₹3 L/yr - ₹4.8 L/yr
8 years (7 salaries)	₹4 L/yr - ₹6 L/yr
9 years (8 salaries)	₹3.5 L/yr - ₹6.3 L/yr
10 years (3 salaries)	₹5 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.9 L/yr
12 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

View all

From

Credit Manager

₹

Lakhs/yr

2 - 12 years exp.

Area Credit Manager

₹

Lakhs/yr

8 - 12 years exp.

Credit Manager 2 - 12 years exp.

Branch Credit Manager 3 - 13 years exp.

30% hike

Area Credit Manager 8 - 12 years exp.

59% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Shubham Housing Development Finance

Credit Officer Salary

(106 salaries)

₹1.95 L/yr - ₹4 L/yr

Area Credit Manager Salary

(26 salaries)

₹6.5 L/yr - ₹12 L/yr

Branch Manager Salary

(139 salaries)

₹3 L/yr - ₹9 L/yr

Deputy Manager Salary

(22 salaries)

₹3.5 L/yr - ₹7.5 L/yr

Chief Manager Salary

(7 salaries)

₹10.4 L/yr - ₹22.5 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Zonal Credit Manager Salary

(3 salaries)

₹25 L/yr - ₹30 L/yr

Sales Manager Salary

(153 salaries)

₹2.5 L/yr - ₹5.3 L/yr

Branch Credit Manager Salary

(128 salaries)

₹3.25 L/yr - ₹8 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹5 L/yr - ₹6.4 L/yr

Top skills at Shubham Housing Development Finance for Credit Manager

Credit Underwriting Credit Management Credit Appraisal Credit Analysis Credit Appraisal Dentistry Underwriting EPF Credit Underwriting Credit Sanction Screening Sanction Action Script Credit Policy Uninor

Salary related reviews for Shubham Housing Development Finance

3.8

Rated by 47 employees for salary & benefits

Credit Manager in New Delhi

Full Time

Risk Management & Compliance Department

1.0

• posted on 08 Sep 2022

2.0

for Salary and Benefits

Likes

Only like the credit team and credit managment

Dislikes

... Very pethatic condition of IT team. They are not resolved any issue within TAT. Employee Insurance deduct from employee salary. HR gives same salary to a Fresher and to a 3 year experiance person. When a branch team win a cash price in contest than Higher level person hold the branch amount. In the company Higher authority person gives Good salary increments to only relative employees. And Annual bounce of Credit team members only 10K.

Salary - Poor

+4 more

Credit Manager in Navi Mumbai

Finance & Accounting Department

1.0

• posted on 21 Oct 2021

1.0

for Salary and Benefits

Likes

Company is good in terms of job security, even in lockdown we received salary, there is lot of politics in top management. Sales oriented company.

Skill development - Excellent

+1 more

Dislikes

Company is totally sales oriented company, if there is no work still we have to do work on 3 sundays.

Salary - Bad

+4 more

Credit Manager in Panipat

Sales & Business Development Department

5.0

• posted on 11 Jun 2018

5.0

for Salary and Benefits

Likes

Shibham housing is a comfortable atmospharing company where every employee knows about his rights and liabilities. There have more things for learning about corporate industries. Job satisfaction here and professionally atmoshphere. Timely growth every employees time to time. Online Training activities available per month for every employees. For carrier growth to higher on This company. Over all shubham is shub (lucky) for every employee. I have great experience in this company and working here I feel proud and happy with job life.

Salary - Excellent

+6 more

Dislikes

Salary not increase expected instead of designation but designation every year changed per employee .

Area Credit Manager in Jodhpur

Full Time

Credit Department

4.0

• posted on 08 Sep 2020

4.0

for Salary and Benefits

Likes

Company always carrying to their employees no any salary deduction during COVID pendamic.

Salary - Good

+6 more

Dislikes

Bonus was bad , atleast credit person's bonus should be good as this department has no any incentive plan, they are work with due diligence with integrity and waiting for bonus after 1years hard work, so company must be think about credit department.

Credit Officer in Yavatmal

Full Time

Finance & Accounting Department

5.0

• posted on 20 Jun 2019

4.0

for Salary and Benefits

Likes

... to the high career growthness to the day by day in all over market compiteter . There fore good salary packej. To heigh level posting to give the travelling tour the out of station. His organization is good work environment. And all totally work life is good . Thanks..

Salary - Good

+5 more

Dislikes

No any dislike.

see more salary related reviews

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Top trending discussions

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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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Shubham Housing Development Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Shubham Housing Development Finance ?

The average salary of a Credit Manager at Shubham Housing Development Finance in India typically ranges from ₹2.3 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Credit Manager at Shubham Housing Development Finance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. Credit Manager Salaries at Shubham Housing Development 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 100+ Shubham Housing Development Finance employees in India.

What is the estimated take home salary of a Credit Manager at Shubham Housing Development Finance in India?

The estimated take-home salary of a Credit Manager at Shubham Housing Development Finance in India typically ranges from ₹34,839 to ₹36,081 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 2 years to 12 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 100+ salaries received from various employees of Shubham Housing Development 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 Shubham Housing Development Finance ?

To be a Credit Manager at Shubham Housing Development Finance in india, the key skills required include:

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

These skills are highly valued at Shubham Housing Development Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Shubham Housing Development Finance for Credit Manager in India?

LIC Housing Finance	₹8.0 Lakhs to ₹30.0 Lakhs per year
BA Continuum	₹9.0 Lakhs to ₹17.0 Lakhs per year
PNB Housing Finance	₹4.5 Lakhs to ₹12.1 Lakhs per year
Tata Capital Housing Finance	₹4.0 Lakhs to ₹13.5 Lakhs per year
Hinduja Leyland Finance	₹3.3 Lakhs to ₹13.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shubham Housing Development Finance, depending on the role and experience level.

What is the salary of a Credit Manager in companies similar to Shubham Housing Development Finance in India?

The salary of a Credit Manager at companies similar to Shubham Housing Development Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Prime	₹3.5 Lakhs to ₹14.5 Lakhs per year
Hero FinCorp	₹5.0 Lakhs to ₹11.6 Lakhs per year
InCred Finance	₹4.1 Lakhs to ₹11.4 Lakhs per year
Ugro Capital	₹3.2 Lakhs to ₹11.1 Lakhs per year
Tyger Capital	₹4.0 Lakhs to ₹8.3 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 Shubham Housing Development Finance in India?

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

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹4.3 Lakhs per year
3 years	₹2.4 Lakhs to ₹4.5 Lakhs per year
4 years	₹2.3 Lakhs to ₹4.8 Lakhs per year
5 years	₹2.4 Lakhs to ₹5.5 Lakhs per year

and so on.

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Shubham Housing Development Finance Credit Manager Salaries by Location

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Shubham Housing Development Finance Credit Manager Salaries

Shubham Housing Development Finance Credit Manager salary in India ranges between ₹2.3 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 153 Shubham Housing Development Finance latest salaries received from various employees of Shubham Housing Development Finance.

Shubham Housing Development Finance Credit Manager salaries in India (Updated 2025)

Companies similar to Shubham Housing Development Finance for Credit Manager

Latest annual salaries shared by Shubham Housing Development Finance Credit Manager

Experience wise Shubham Housing Development Finance Credit Manager salaries

Similar Designation salaries in Shubham Housing Development Finance

Top skills at Shubham Housing Development Finance for Credit Manager

Salary related reviews for Shubham Housing Development Finance

Credit Manager in New Delhi

Credit Manager in Navi Mumbai

Credit Manager in Panipat

Area Credit Manager in Jodhpur

Credit Officer in Yavatmal

Shubham Housing Development Finance Credit Manager Salary FAQs

Tell us how to improve this page.

Shubham Housing Development Finance Credit Manager Salaries by Location