Shubham Housing Development Finance Indore Credit Manager Salaries by 8 Employees (Updated 2025)

3 - 6 years exp.

₹2.9 Lakhs - ₹5.2 Lakhs

Salary of majority employees

32% less than the average Credit Manager Salary in NBFC Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 5 years exp. (5 salaries)	₹2.9 L/yr - ₹4.9 L/yr
Customer Success, Service & Operations Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹6 L/yr
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Finance & Accounting Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.9 L/yr

Last Updated: 4 Aug 2023

Companies similar to Shubham Housing Development Finance for Credit Manager in Indore

Shubham Housing Development Finance Credit Manager Salary

3 - 6 years exp. (8 salaries)

₹2.9 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Vistaar Finance Credit Manager Salary 1 - 8 years exp. (4 salaries)	₹4.3 L/yr - ₹6 L/yr 19% more
Tata Capital Housing Finance Credit Manager Salary 4 - 7 years exp. (4 salaries)	₹9 L/yr - ₹12 L/yr 117% more
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Bajaj Housing Finance Credit Manager Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 2% more
Finova Capital Credit Manager Salary 3 - 6 years exp. (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr 20% less
AU Small Finance Bank Credit Manager Salary 0 - 10 years exp. (54 salaries)	₹2.8 L/yr - ₹10.5 L/yr 32% more	1 job opening

Credit Manager salary at Shubham Housing Development Finance ranges between ₹2.9 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Shubham Housing Development Finance.

Experience wise Shubham Housing Development Finance Credit Manager salaries in Indore

Last Updated: 4 Aug 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.4 L/yr
4 years (3 salaries)	₹2.9 L/yr - ₹7.6 L/yr
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5 years (3 salaries)	₹3.5 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹8.1 L/yr

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 - 12 years exp.

20% hike

Area Credit Manager 8 - 12 years exp.

75% 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

Branch Credit Manager Salary

(7 salaries)

₹3.6 L/yr - ₹6.1 L/yr

Credit Officer Salary

(7 salaries)

₹2.1 L/yr - ₹3.55 L/yr

Branch Manager Salary

(5 salaries)

₹5.75 L/yr - ₹8.77 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

4.6

Rated by 3 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

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Shubham Housing Development Finance Credit Manager Salary FAQs

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

Credit Manager salary at Shubham Housing Development Finance in Indore ranges between ₹2.9 Lakhs to ₹5.2 Lakhs for experience between 3 years to 6 years. According to our estimates it is 32% less than the average Credit Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Shubham Housing Development Finance Indore.

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

The average salary of a Credit Manager at Shubham Housing Development Finance is 32% less than the average salary of a Credit Manager in Indore. 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 Indore.

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

Tata Capital Housing Finance Credit Manager Salary - ₹9.0 Lakhs to ₹12.0 Lakhs per year
AU Small Finance Bank Credit Manager Salary - ₹2.8 Lakhs to ₹10.5 Lakhs per year
Vistaar Finance Credit Manager Salary - ₹4.3 Lakhs to ₹6.0 Lakhs per year
Bajaj Housing Finance Credit Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year

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

Finova Capital Credit Manager Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Shubham Housing Development Finance ranges between ₹34,318 per month to ₹35,568 per month in Indore. The take-home salary calculation is based on the average Shubham Housing Development Finance Credit Manager salary in India which ranges between ₹2.9 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Shubham Housing Development Finance Credit Managers in Indore reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Shubham Housing Development Finance Credit Manager Salaries in Indore

Shubham Housing Development Finance Credit Manager salary in Indore ranges between ₹2.9 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Shubham Housing Development Finance latest salaries received from various employees of Shubham Housing Development Finance.