Shubham Housing Development Finance New Delhi Credit Manager Salaries by 30+ Employees (Updated 2025)

2 - 9 years exp.

₹2.7 Lakhs - ₹4.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% less than the average Credit Manager Salary in NBFC Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 2 - 7 years exp. (18 salaries)	₹2.8 L/yr - ₹4.8 L/yr
Finance & Accounting Credit Manager Salary 3 - 9 years exp. (10 salaries)	₹2.7 L/yr - ₹4.8 L/yr
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Risk Management & Compliance Credit Manager Salary 3 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4.7 L/yr

Last Updated: 13 Feb 2025

Companies similar to Shubham Housing Development Finance for Credit Manager in New Delhi

Shubham Housing Development Finance Credit Manager Salary

2 - 9 years exp. (36 salaries)

₹2.7 L/yr - ₹4.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Housing Finance Credit Manager Salary 0 - 6 years exp. (24 salaries)	₹2.2 L/yr - ₹5.3 L/yr 4% more
Kotak Mahindra Prime Credit Manager Salary 0 - 8 years exp. (20 salaries)	₹3.9 L/yr - ₹12 L/yr 120% more
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Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (16 salaries)	₹4.2 L/yr - ₹12.5 L/yr 86% more
Hero FinCorp Credit Manager Salary 3 - 12 years exp. (10 salaries)	₹5 L/yr - ₹10 L/yr 62% more
Ugro Capital Credit Manager Salary 4 - 11 years exp. (10 salaries)	₹5.3 L/yr - ₹11.8 L/yr 82% more
PNB Housing Finance Credit Manager Salary 0 - 8 years exp. (9 salaries)	₹6 L/yr - ₹11.5 L/yr 96% more
Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (9 salaries)	₹3.5 L/yr - ₹8 L/yr 26% more
Vistaar Finance Credit Manager Salary 0 - 9 years exp. (8 salaries)	₹4.2 L/yr - ₹7.5 L/yr 34% more
India Shelter Finance Corporation Credit Manager Salary 2 - 5 years exp. (6 salaries)	₹3.6 L/yr - ₹5.7 L/yr At par
Electronica Finance Credit Manager Salary 3 - 9 years exp. (6 salaries)	₹2.5 L/yr - ₹8.7 L/yr 45% more	1 job opening
InCred Finance Credit Manager Salary 3 - 9 years exp. (5 salaries)	₹4.7 L/yr - ₹8.2 L/yr 74% more
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Hinduja Leyland Finance Credit Manager Salary 3 - 10 years exp. (4 salaries)	₹4.8 L/yr - ₹10.5 L/yr 93% more

Credit Manager salary at Shubham Housing Development Finance ranges between ₹2.7 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 36 latest salaries received from various employees of Shubham Housing Development Finance.

Latest annual salaries shared by Shubham Housing Development Finance Credit Manager in New Delhi

1mo ago

₹3 Lakhs

3 years exp.

6mo ago

₹4 Lakhs

9 years exp.

6mo ago

₹4 Lakhs

3 years exp.

6mo ago

₹4.3 Lakhs

7 years exp.

8mo ago

₹4 Lakhs

2 years exp.

1y ago

9 years exp.

1y ago

5 years exp.

1y ago

5 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

Experience wise Shubham Housing Development Finance Credit Manager salaries in New Delhi

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹2.8 L/yr - ₹7.4 L/yr
3 years (9 salaries)	₹2.7 L/yr - ₹4.5 L/yr
Login to view exact salary
4 years (7 salaries)	₹3.2 L/yr - ₹4.7 L/yr
5 years (7 salaries)	₹4.1 L/yr - ₹4.8 L/yr
6 years (4 salaries)	₹2.7 L/yr - ₹4.8 L/yr
7 years (3 salaries)	₹3.7 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

View all

From

Credit Manager

₹

Lakhs/yr

2 - 9 years exp.

Area Credit Manager

₹

Lakhs/yr

8 - 12 years exp.

Credit Manager 2 - 9 years exp.

Branch Credit Manager 3 - 13 years exp.

49% 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

Branch Credit Manager Salary

(35 salaries)

₹3.35 L/yr - ₹7.66 L/yr

Sales Manager Salary

(25 salaries)

₹3.1 L/yr - ₹5.18 L/yr

Credit Officer Salary

(24 salaries)

₹2.35 L/yr - ₹3.75 L/yr

Branch Manager Salary

(23 salaries)

₹4.5 L/yr - ₹8.6 L/yr

Deputy Manager Salary

(8 salaries)

₹4.7 L/yr - ₹7.35 L/yr

Chief Manager Salary

(7 salaries)

₹10.4 L/yr - ₹22.5 L/yr

Area Credit Manager Salary

(4 salaries)

₹6.5 L/yr - ₹9.88 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

3.3

Rated by 4 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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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Shubham Housing Development Finance Credit Manager Salary FAQs

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

The average salary of a Credit Manager at Shubham Housing Development Finance in New Delhi typically ranges from ₹2.7 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Credit Manager in New Delhi at Shubham Housing Development Finance earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.8 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 30+ Shubham Housing Development Finance employees in India.

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

The estimated take-home salary of a Credit Manager at Shubham Housing Development Finance in New Delhi typically ranges from ₹32,649 to ₹33,924 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 2 years to 9 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 30+ 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 in New Delhi?

To be a Credit Manager at Shubham Housing Development Finance in New Delhi, 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?

Kotak Mahindra Prime	₹3.9 Lakhs to ₹12.0 Lakhs per year
PNB Housing Finance	₹6.0 Lakhs to ₹11.5 Lakhs per year
Hinduja Leyland Finance	₹4.8 Lakhs to ₹10.5 Lakhs per year
Tata Capital Housing Finance	₹4.2 Lakhs to ₹12.5 Lakhs per year
Ugro Capital	₹5.3 Lakhs to ₹11.8 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 New Delhi?

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

InCred Finance	₹4.7 Lakhs to ₹8.2 Lakhs per year
Hero FinCorp	₹5.0 Lakhs to ₹10.0 Lakhs per year
Electronica Finance	₹2.5 Lakhs to ₹8.7 Lakhs per year
Vistaar Finance	₹4.2 Lakhs to ₹7.5 Lakhs per year
Sammaan Capital Limited	₹3.5 Lakhs to ₹8.0 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 New Delhi?

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

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹7.4 Lakhs per year
3 years	₹2.7 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.7 Lakhs per year
5 years	₹4.1 Lakhs to ₹4.8 Lakhs per year

and so on.

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Shubham Housing Development Finance Credit Manager Salaries in New Delhi

Shubham Housing Development Finance Credit Manager salary in New Delhi ranges between ₹2.7 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 Shubham Housing Development Finance latest salaries received from various employees of Shubham Housing Development Finance.

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

Companies similar to Shubham Housing Development Finance for Credit Manager in New Delhi

Latest annual salaries shared by Shubham Housing Development Finance Credit Manager in New Delhi

Experience wise Shubham Housing Development Finance Credit Manager salaries in New Delhi

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.