SK Finance Limited Credit Manager Salaries by 30+ Employees (Updated 2025)

1 - 11 years exp.

₹2.8 Lakhs - ₹6.6 Lakhs

Salary of majority employees

44% less than the average Credit Manager Salary in NBFC Companies for 1 - 11 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 2 - 10 years exp. (16 salaries)	₹3 L/yr - ₹5 L/yr
BFSI, Investments & Trading Credit Manager Salary 5 - 11 years exp. (6 salaries)	₹4.5 L/yr - ₹6.6 L/yr
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Risk Management & Compliance Credit Manager Salary 4 - 6 years exp. (6 salaries)	₹2.8 L/yr - ₹5.1 L/yr

Last Updated: 27 Jan 2025

Companies similar to SK Finance Limited for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (194 salaries)	₹2.4 L/yr - ₹9 L/yr 36% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.3 L/yr 96% more	6 job openings
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	₹4 L/yr - ₹17.1 L/yr 131% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 109% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (823 salaries)	₹4 L/yr - ₹14.8 L/yr 101% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (81 salaries)	₹3 L/yr - ₹9 L/yr 20% more
LIC Housing Finance Credit Manager Salary 3 - 13 years exp. (9 salaries)	₹8 L/yr - ₹30 L/yr 328% more
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	₹10 L/yr - ₹32 L/yr 353% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (818 salaries)	₹3 L/yr - ₹13 L/yr 80% more	1 job opening
SMFG India Credit Credit Manager Salary 0 - 13 years exp. (345 salaries)	₹2.4 L/yr - ₹11.2 L/yr 52% more
Aavas Financiers Credit Manager Salary 0 - 10 years exp. (291 salaries)	₹2.5 L/yr - ₹8.5 L/yr 36% more	5 job openings
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Tata Capital Housing Finance Credit Manager Salary 3 - 12 years exp. (186 salaries)	₹3 L/yr - ₹13.5 L/yr 82% more
IIFL Finance Credit Manager Salary 0 - 10 years exp. (180 salaries)	₹2.5 L/yr - ₹10.1 L/yr 31% more
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (148 salaries)	₹4.2 L/yr - ₹11.3 L/yr 59% more
Shriram Finance Credit Manager Salary 0 - 12 years exp. (140 salaries)	₹1.8 L/yr - ₹10.3 L/yr 39% more	2 job openings
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (118 salaries)	₹3.9 L/yr - ₹12 L/yr 86% more
PNB Housing Finance Credit Manager Salary 0 - 13 years exp. (90 salaries)	₹4.9 L/yr - ₹12.1 L/yr 100% more
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (88 salaries)	₹2.3 L/yr - ₹12 L/yr 64% more
L&T Finance Credit Manager Salary 1 - 9 years exp. (87 salaries)	₹3.2 L/yr - ₹13.1 L/yr 87% more
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (80 salaries)	₹2 L/yr - ₹8.7 L/yr 7% more

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Credit Manager salary at SK Finance Limited ranges between ₹2.8 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 38 latest salaries received from various employees of SK Finance Limited.

Experience wise SK Finance Limited Credit Manager salaries

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹7.1 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.3 L/yr
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3 years (3 salaries)	₹3 L/yr - ₹7.4 L/yr
4 years (7 salaries)	₹2.8 L/yr - ₹5.1 L/yr
5 years (9 salaries)	₹2.8 L/yr - ₹5.1 L/yr
6 years (4 salaries)	₹3.5 L/yr - ₹5 L/yr
7 years (3 salaries)	₹1.8 L/yr - ₹6 L/yr
8 years (3 salaries)	₹4.2 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr
10 years (3 salaries)	₹4.6 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.6 L/yr

View all

Similar Designation salaries in SK Finance Limited

Credit Officer Salary

(47 salaries)

₹1.6 L/yr - ₹4.5 L/yr

Area Credit Manager Salary

(23 salaries)

₹4.75 L/yr - ₹9.6 L/yr

Branch Manager Salary

(83 salaries)

₹3 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(20 salaries)

₹4.44 L/yr - ₹9 L/yr

Chief Manager Salary

(5 salaries)

₹15.23 L/yr - ₹18 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹19.1 L/yr - ₹24.4 L/yr

Sales Manager Salary

(8 salaries)

₹2 L/yr - ₹4.4 L/yr

Branch Credit Manager Salary

(6 salaries)

₹2 L/yr - ₹5 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹4 L/yr - ₹4.75 L/yr

Cluster Credit Manager Salary

(7 salaries)

₹8.43 L/yr - ₹11.5 L/yr

Top skills at SK Finance Limited for Credit Manager

Credit Analysis Credit Management Credit Risk Credit Credit Underwriting tractor Credit Control Underwriting

Salary related reviews for SK Finance Limited

3.3

Rated by 10 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

Operations Executive in Bathinda

Full Time

Finance & Accounting Department

5.0

• posted on 08 Sep 2024

2.0

for Salary and Benefits

Likes

I spent My one year In SK Finance With Good Communication Skill And Do Hard Or Smart Work both And I have Done My 101% In Work Performance. My Work Is Very Faster Than Others . I respect All My Seniors And Team. Regards Gaurav

Skill development - Excellent

+3 more

Dislikes

I Dislike The Working schedule In Closing with Only Basic Salary No Incentives or No Other Benefits, No Overtime.

Salary - Poor

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

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SK Finance Limited Credit Manager Salary FAQs

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

Credit Manager salary at SK Finance Limited in India ranges between ₹2.8 Lakhs to ₹6.6 Lakhs for experience between 1 years to 11 years. According to our estimates it is 44% less than the average Credit Manager Salary in India. Salary estimates are based on 38 latest salaries received from various employees of SK Finance Limited India.

How does the salary of a Credit Manager at SK Finance Limited India compare with the average salary range for this job?

The average salary of a Credit Manager at SK Finance Limited is 44% 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 SK Finance Limited?

Credit Analysis, Credit Management, Credit Risk, Credit and Credit Underwriting are some of the popular skills required to work as a Credit Manager at SK Finance Limited India.

Which similar companies are paying more than SK Finance Limited to a Credit Manager in India?

State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
LIC Housing Finance Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.1 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.8 Lakhs per year

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

Sundaram Finance Credit Manager Salary - ₹4.8 Lakhs to ₹15.0 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 ₹14.3 Lakhs per year
LendingKart Credit Manager Salary - ₹3.2 Lakhs to ₹13.5 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 SK Finance Limited in India?

The estimated take-home salary of a Credit Manager at SK Finance Limited ranges between ₹32,167 per month to ₹33,449 per month in India. The take-home salary calculation is based on the average SK Finance Limited Credit Manager salary in India which ranges between ₹2.8 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at SK Finance Limited?

According to AmbitionBox, 53% of the SK Finance Limited Credit Managers reported a notice period of 2 Months, 27% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 55 responses on AmbitionBox in last 2 years.

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SK Finance Limited Credit Manager Salaries

SK Finance Limited Credit Manager salary in India ranges between ₹2.8 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 SK Finance Limited latest salaries received from various employees of SK Finance Limited.