SK Finance Limited Cluster Credit Manager Salaries by 7 Employees (Updated 2025)

9 - 16 years exp.

₹8.4 Lakhs - ₹11.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Cluster Credit Manager Salary in NBFC Companies for 9 - 16 years of experience

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Salaries in different departments

Finance & Accounting Cluster Credit Manager Salary 9 - 12 years exp. (4 salaries)	₹10.1 L/yr - ₹11.5 L/yr
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BFSI, Investments & Trading Cluster Credit Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 22 Jan 2025

Companies similar to SK Finance Limited for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Cluster Credit Manager Salary 7 - 13 years exp. (53 salaries)	₹4.6 L/yr - ₹18.5 L/yr 5% more
HDB Financial Services Cluster Credit Manager Salary 13 - 20 years exp. (40 salaries)	₹11.9 L/yr - ₹24 L/yr 92% more
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Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (19 salaries)	₹12.3 L/yr - ₹23 L/yr 74% more
Capri Global Capital Cluster Credit Manager Salary 5 - 16 years exp. (17 salaries)	₹12.5 L/yr - ₹16.7 L/yr 45% more
Manappuram Finance Cluster Credit Manager Salary 6 - 14 years exp. (8 salaries)	₹5 L/yr - ₹7.9 L/yr 35% less
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 10% less
Kotak Mahindra Prime Cluster Credit Manager Salary 6 - 14 years exp. (5 salaries)	₹7 L/yr - ₹16 L/yr 19% more
IIFL Finance Cluster Credit Manager Salary 4 - 12 years exp. (4 salaries)	₹6 L/yr - ₹8.2 L/yr 30% less
Satin Creditcare Network Cluster Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr 32% less
Bharat Financial Inclusion Cluster Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.9 L/yr 50% less
Asirvad Microfinance Cluster Credit Manager Salary 15 - 16 years exp. (3 salaries)	₹10 L/yr - ₹14.5 L/yr 23% more
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Cluster Credit Manager salary at SK Finance Limited ranges between ₹8.4 Lakhs to ₹11.5 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of SK Finance Limited.

Experience wise SK Finance Limited Cluster Credit Manager salaries

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹11.5 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11.5 L/yr
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11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.1 L/yr
13 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹16.3 L/yr
15+ years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.5 L/yr

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Similar Designation salaries in SK Finance Limited

Area Credit Manager Salary

(26 salaries)

₹4.75 L/yr - ₹9.6 L/yr

Deputy Credit Manager Salary

(5 salaries)

₹4 L/yr - ₹4.75 L/yr

Branch Credit Manager Salary

(6 salaries)

₹2 L/yr - ₹5 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹19.1 L/yr - ₹24.4 L/yr

Assistant Credit Manager Salary

(18 salaries)

₹3 L/yr - ₹5 L/yr

Credit Manager Salary

(39 salaries)

₹2.76 L/yr - ₹6 L/yr

Senior Credit Officer Salary

(4 salaries)

₹3.24 L/yr - ₹4.2 L/yr

Relationship Manager Salary

(8 salaries)

₹3 L/yr - ₹4.5 L/yr

Chief Manager Salary

(7 salaries)

₹10.1 L/yr - ₹21 L/yr

Credit Officer Salary

(47 salaries)

₹1.6 L/yr - ₹4.5 L/yr

Salary related reviews for SK Finance Limited

1.0

Rated by 1 employees for salary & benefits

Officer in Jaipur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Company Culture

Dislikes

A lot of closings Low quality canteen food also unhygienic. Low quality water(less filtered) Unsupportive Management and HR Nill or very less appraisal Low Salary with high pressure of working. Employees are not paid enough according to their work. Demotion of employees although they deserve promotion.

Salary - Bad

+3 more

Regional Manager in Bathinda

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 22 Aug 2024

4.0

for Salary and Benefits

Likes

...ise Customised policies with flexibility .branch level decisioning and fast TAT. Salary , incentive,foreign tours and esops for employees

Salary - Good

+6 more

Dislikes

Long working schedule and some times work on holidays

Deputy Vice President in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 06 Jun 2024

3.0

for Salary and Benefits

Likes

Senior management including the MD has always encouraged and supported . There is complete support from your immediate Department Head who is quite encouraging to do new things and improve the productivity.

Job security - Excellent

+2 more

Dislikes

Certain departments deserve bonus based on performance which should be considered.

Senior Manager in Jaipur

Full Time

Teaching & Training Department

5.0

• posted on 06 Jun 2024

5.0

for Salary and Benefits

Likes

...gaged and motivated. SK fosters a collaborative and supportive work environment. SK finance also offers competitive compensation, health benefits, and other perks. These benefits contribute to overall job satisfaction.

Salary - Excellent

+6 more

Accounts Manager in Jaipur

Full Time

Finance & Accounting Department

2.0

• posted on 03 Apr 2024

1.0

for Salary and Benefits

Likes

The people and team I work with is good. They are supporting and co-operative.

Dislikes

...re few who are given more preference over the others. It looks like favouritism. Salary structure is also lower than industry. Work life balance is not there.

Salary - Bad

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SK Finance Limited Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at SK Finance Limited ?

The average salary of a Cluster Credit Manager at SK Finance Limited in India typically ranges from ₹8.4 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 9 years to 16 years).

The top 10% of Cluster Credit Manager at SK Finance Limited earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Cluster Credit Manager Salaries at SK Finance Limited 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 7 SK Finance Limited employees in India.

What is the estimated take home salary of a Cluster Credit Manager at SK Finance Limited in India?

The estimated take-home salary of a Cluster Credit Manager at SK Finance Limited in India typically ranges from ₹71,311 to ₹73,147 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 9 years to 16 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 7 salaries received from various employees of SK Finance Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SK Finance Limited for Cluster Credit Manager in India?

HDB Financial Services	₹11.9 Lakhs to ₹24.0 Lakhs per year
Bajaj Finance	₹12.3 Lakhs to ₹23.0 Lakhs per year
Capri Global Capital	₹12.5 Lakhs to ₹16.7 Lakhs per year
Asirvad Microfinance	₹10.0 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindra Prime	₹7.0 Lakhs to ₹16.0 Lakhs per year

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

What is the salary of a Cluster Credit Manager in companies similar to SK Finance Limited in India?

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

SMFG India Credit	₹4.6 Lakhs to ₹18.5 Lakhs per year
Mahindra Finance	₹4.8 Lakhs to ₹14.0 Lakhs per year
IIFL Finance	₹6.0 Lakhs to ₹8.2 Lakhs per year
Satin Creditcare Network	₹5.0 Lakhs to ₹9.0 Lakhs per year
Manappuram Finance	₹5.0 Lakhs to ₹7.9 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 Cluster Credit Manager at SK Finance Limited in India?

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

Experience	Average Salary Range
9 years	₹11.5 Lakhs to ₹11.5 Lakhs per year
10 years	₹4.4 Lakhs to ₹11.5 Lakhs per year
11 years	₹9.5 Lakhs to ₹12.2 Lakhs per year
12 years	₹4.0 Lakhs to ₹10.1 Lakhs per year

and so on.

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SK Finance Limited Cluster Credit Manager Salaries

SK Finance Limited Cluster Credit Manager salary in India ranges between ₹8.4 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SK Finance Limited latest salaries received from various employees of SK Finance Limited.