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

2 - 9 years exp.

₹2.1 Lakhs - ₹5.5 Lakhs

Salary of majority employees

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47% less than the average Credit Manager Salary in NBFC Companies for 2 - 9 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 2 - 9 years exp. (61 salaries)	Unlock ₹2.3 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Credit Manager Salary 2 - 9 years exp. (59 salaries)	Unlock ₹2.1 L/yr - ₹5.5 L/yr
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Risk Management & Compliance Credit Manager Salary 2 - 9 years exp. (8 salaries)	Unlock ₹3 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Credit Manager Salary 4 - 9 years exp. (6 salaries)	Unlock ₹3.5 L/yr - ₹5.3 L/yr

Last Updated: 13 Feb 2025

Companies similar to Shubham Housing Development Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	Unlock ₹3.5 L/yr - ₹14.1 L/yr 105% more	5 job openings
Global Wings Abudhabi Credit Manager Salary 0 - 7 years exp. (4 salaries)	Unlock ₹3.8 L/yr - ₹16 L/yr 114% more
Login to view exact salary
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	Unlock ₹4 L/yr - ₹17.5 L/yr 142% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (818 salaries)	Unlock ₹3.5 L/yr - ₹14.8 L/yr 110% more
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (195 salaries)	Unlock ₹2.4 L/yr - ₹9 L/yr 41% more	4 job openings
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	Unlock ₹3.7 L/yr - ₹14.5 L/yr 119% more
Piramal Capital Housing Finance Credit Manager Salary 1 - 13 years exp. (284 salaries)	Unlock ₹3 L/yr - ₹10.3 L/yr 66% more
Tata Capital Housing Finance Credit Manager Salary 3 - 12 years exp. (185 salaries)	Unlock ₹4 L/yr - ₹13.5 L/yr 89% more
Vistaar Finance Credit Manager Salary 0 - 10 years exp. (177 salaries)	Unlock ₹3.5 L/yr - ₹8 L/yr 35% more
Ugro Capital Credit Manager Salary 3 - 10 years exp. (154 salaries)	Unlock ₹3 L/yr - ₹11.2 L/yr 55% more

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Credit Manager salary at Shubham Housing Development Finance ranges between ₹2.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 159 latest salaries received from various employees of Shubham Housing Development Finance.

Latest annual salaries shared by Shubham Housing Development Finance Credit Manager

6d ago

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3 years exp.

2mo ago

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3 years exp.

2mo ago

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9 years exp.

2mo ago

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7 years exp.

2mo ago

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2 years exp.

3mo ago

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9 years exp.

4mo ago

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9 years exp.

4mo ago

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3 years exp.

4mo ago

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9 years exp.

4mo ago

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2 years exp.

Experience wise Shubham Housing Development Finance Credit Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
2 years (19 salaries)	Unlock ₹2.8 L/yr - ₹5 L/yr
3 years (26 salaries)	Unlock ₹2.4 L/yr - ₹5 L/yr
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4 years (30 salaries)	Unlock ₹2.3 L/yr - ₹5 L/yr
5 years (31 salaries)	Unlock ₹2.1 L/yr - ₹5.5 L/yr
6 years (24 salaries)	Unlock ₹2.7 L/yr - ₹5.5 L/yr
7 years (12 salaries)	Unlock ₹3 L/yr - ₹4.8 L/yr
8 years (9 salaries)	Unlock ₹2.5 L/yr - ₹5.3 L/yr
9 years (8 salaries)	Unlock ₹3.5 L/yr - ₹5.2 L/yr

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From

Credit Manager

₹

Lakhs/yr

2 - 9 years exp.

Area Credit Manager

₹

Lakhs/yr

8 - 12 years exp.

Credit Manager 2 - 9 years exp.

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Branch Credit Manager 3 - 12 years exp.

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40% hike

Area Credit Manager 8 - 12 years exp.

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65% 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)

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₹1.95 L/yr - ₹4 L/yr

Area Credit Manager Salary

(26 salaries)

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₹6.5 L/yr - ₹12 L/yr

Branch Manager Salary

(141 salaries)

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₹3 L/yr - ₹8.77 L/yr

Deputy Manager Salary

(22 salaries)

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₹3.5 L/yr - ₹7.5 L/yr

Chief Manager Salary

(7 salaries)

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₹10.4 L/yr - ₹22.5 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr

Zonal Credit Manager Salary

(3 salaries)

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₹25 L/yr - ₹30 L/yr

Sales Manager Salary

(152 salaries)

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₹2.5 L/yr - ₹5.3 L/yr

Branch Credit Manager Salary

(126 salaries)

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₹3.25 L/yr - ₹8 L/yr

Deputy Credit Manager Salary

(4 salaries)

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₹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.

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Shubham Housing Development Finance Credit Manager Salary FAQs

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

Credit Manager salary at Shubham Housing Development Finance in India ranges between ₹2.1 Lakhs to ₹5.5 Lakhs for experience between 2 years to 9 years. According to our estimates it is 47% less than the average Credit Manager Salary in India. Salary estimates are based on 159 latest salaries received from various employees of Shubham Housing Development Finance India.

How does the salary of a Credit Manager at Shubham Housing Development Finance India compare with the average salary range for this job?

The average salary of a Credit Manager at Shubham Housing Development Finance is 47% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Shubham Housing Development Finance?

Credit Underwriting, Credit Management, Credit Appraisal, Credit Analysis and Credit Appraisal are some of the popular skills required to work as a Credit Manager at Shubham Housing Development Finance India.

Which similar companies are paying more than Shubham Housing Development Finance to a Credit Manager in India?

LIC Housing Finance Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.5 Lakhs per year
Can Fin Homes Credit Manager Salary - ₹5.1 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.7 Lakhs to ₹14.5 Lakhs per year
Global Wings Abudhabi Credit Manager Salary - ₹3.8 Lakhs to ₹16.0 Lakhs per year

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

Axis Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.8 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹4.9 Lakhs to ₹12.1 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.1 Lakhs per year
Hero FinCorp Credit Manager Salary - ₹5.0 Lakhs to ₹11.6 Lakhs per year
L&T Finance Credit Manager Salary - ₹3.2 Lakhs to ₹13.1 Lakhs per year

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 ranges between ₹30,645 per month to ₹31,950 per month in India. The take-home salary calculation is based on the average Shubham Housing Development Finance Credit Manager salary in India which ranges between ₹2.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Shubham Housing Development Finance?

According to AmbitionBox, 69% of the Shubham Housing Development Finance Credit Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 75 responses on AmbitionBox in last 2 years.

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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 ₹2.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 159 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

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