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Shubham Housing Development Finance

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3.9

based on 1k Reviews

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Shubham Housing Development Finance Salaries in Indore (Updated 2025)

based on 56 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Finance & Accounting Marketing & Communication
Designation Avg Annual Salary Open Jobs

Credit Manager

3 - 6 years exp. · Indore (7 salaries)
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₹2.9 L/yr - ₹5.3 L/yr

Branch Credit Manager

4 - 8 years exp. · Indore (7 salaries)
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₹3.6 L/yr - ₹6.1 L/yr

1 job opening

Relationship Officer

0 - 5 years exp. · Indore (7 salaries)
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₹1.8 L/yr - ₹2.8 L/yr

Credit Officer

2 - 6 years exp. · Indore (7 salaries)
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₹2.1 L/yr - ₹3.6 L/yr

Starting your career? Discover Shubham Housing Development Finance fresher salaries in India

Regional Business Head

14 - 18 years exp. · Indore (4 salaries)
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₹10.4 L/yr - ₹26.5 L/yr

Branch Manager

7 - 13 years exp. · Indore (4 salaries)
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₹5.8 L/yr - ₹8.8 L/yr

DSA Manager

2 - 4 years exp. · Indore (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4 L/yr

Recovery Officer

5 - 7 years exp. · Indore (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.5 L/yr

Regional Recovery Manager

10 - 11 years exp. · Indore (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

Alternate Channel Manager

8 - 9 years exp. · Indore (AmbitionBox Estimate)
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₹2.8 L/yr - ₹4 L/yr

Deputy Audit Manager

5 - 8 years exp. · Indore (AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr

Cluster Credit Manager

5 years exp. · Indore (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Senior Manager Legal

10 years exp. · Indore (AmbitionBox Estimate)
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₹11.2 L/yr - ₹14.3 L/yr

Deputy Manager Legal

8 years exp. · Indore (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr

Relationship Executive

6 years exp. · Indore (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Sales Officer

1 year exp. · Indore (AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.5 L/yr

Recovery Manager

9 years exp. · Indore (AmbitionBox Estimate)
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₹4 L/yr - ₹5.1 L/yr

Banking Officer

4 years exp. · Indore (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Senior Relationship Manager Lead

6 years exp. · Indore (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Assistant Manager

1 - 5 years exp. · Indore (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.5 L/yr

Last Updated: 2 Feb, 2025

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peacemaker
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New offer. Confused.
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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Salary related reviews for Shubham Housing Development Finance

4.5

Rated by 17 employees for salary & benefits

Assistant Manager in Indore

Finance & Accounting Department

1.0
  •  posted on 30 Sep 2020
2.0
 for  Salary and Benefits

Likes

I have been laid off by the company as a result of cost cutting This decision was not based on performance basis

read more

Dislikes

I have been subjected to workplace harrasment many times But there was no process to report such incidents

  • Salary - Poor
    • +5 more

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.

read more
  • Salary - Poor
    • +4 more

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.

read more
  • 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.

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Regional Technical Manager in Pune

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 20 Jul 2020
4.0
 for  Salary and Benefits

Likes

Looking at the current market scenerio with other company where employee's are experiencing Salary cuts and even job loss, I would say my company is STABLE ! We have done some important position hirings as well post April Month ! For Employees safety Company has given work from home option. Our HR team also is updating us timely with updated safety measures against COVID-19. I love working here !

read more
  • Salary - Good
    • +6 more

Dislikes

Not Applicable

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..

read more
  • Salary - Good
    • +5 more

Dislikes

No any dislike.

see more salary related reviews

Shubham Housing Development Finance interview questions by designations

Relationship Manager (7)Sales Manager (4)Credit Officer (2)Collection Officer (2)
View all 37 interview experiences

Know more about Shubham Housing Development Finance Indore

More about working at Shubham Housing Development Finance

Shubham Housing Development Finance Salary FAQs

How much does Shubham Housing Development Finance pay to its employees?
The average annual salary at Shubham Housing Development Finance varies depending on the role, experience, and location. The salary ranges for some popular designations at Shubham Housing Development Finance, are as follows:

Credit Manager ₹2.9 Lakhs to ₹5.3 Lakhs per year
Branch Credit Manager ₹3.6 Lakhs to ₹6.1 Lakhs per year
Relationship Officer ₹1.8 Lakhs to ₹2.8 Lakhs per year
Credit Officer ₹2.1 Lakhs to ₹3.6 Lakhs per year

The highest-paying role, Regional Business Head, earns between ₹10.4 Lakhs to ₹33 Lakhs per year. The top 10% of employees earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹24.3 Lakhs per year. 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 salary estimates are based on data from 56 salaries submitted by Shubham Housing Development Finance employees. Shubham Housing Development Finance is rated 4.5 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Shubham Housing Development Finance in Indore?
The salary of a fresher at Shubham Housing Development Finance in Indore typically ranges from ₹1.8 Lakh to ₹3.1 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Relationship Officer Salary ₹1.5 Lakhs to ₹3.1 Lakhs per year
Fresher as a Sales Executive Salary ₹1.8 Lakhs to ₹3.5 Lakhs per year
Fresher as a Disbursement Officer Salary ₹2.5 Lakhs to ₹3.1 Lakhs per year
Fresher as a Legal Officer Salary ₹2.7 Lakhs to ₹4 Lakhs per year

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Average annual salary in Shubham Housing Development Finance , Indore is INRunlock blur . Salary estimates are based on 50+ Shubham Housing Development Finance latest salaries received from various employees of Shubham Housing Development Finance.

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