Spandana Sphoorty Financial Credit Manager Salaries by 6 Employees

0 - 4 years exp.

₹1.1 Lakh - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

63% less than the average Credit Manager Salary in NBFC Companies for 0 - 4 years of experience

Interested in this particular role?

Last Updated: 16 Mar 2023

Companies similar to Spandana Sphoorty Financial for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Credit Manager Salary 0 - 12 years exp. (475 salaries)	₹2 L/yr - ₹9 L/yr 61% more	2 job openings
SMFG India Credit Credit Manager Salary 0 - 13 years exp. (348 salaries)	₹2.4 L/yr - ₹10.9 L/yr 135% more
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Aavas Financiers Credit Manager Salary 1 - 10 years exp. (277 salaries)	₹3 L/yr - ₹8.5 L/yr 110% more	5 job openings
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (391 salaries)	₹2 L/yr - ₹9 L/yr 113% more	4 job openings
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (193 salaries)	₹4 L/yr - ₹13.9 L/yr 196% more
IIFL Finance Credit Manager Salary 0 - 10 years exp. (177 salaries)	₹2.3 L/yr - ₹10.2 L/yr 109% more
Poonawalla Fincorp Credit Manager Salary 0 - 9 years exp. (152 salaries)	₹4.2 L/yr - ₹11.6 L/yr 160% more
Shriram Finance Credit Manager Salary 0 - 12 years exp. (138 salaries)	₹1.8 L/yr - ₹10.4 L/yr 92% more	2 job openings
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (121 salaries)	₹3.9 L/yr - ₹12 L/yr 186% more
PNB Housing Finance Credit Manager Salary 0 - 13 years exp. (95 salaries)	₹4.9 L/yr - ₹12.1 L/yr 210% more
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (91 salaries)	₹2.7 L/yr - ₹13 L/yr 156% more
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L&T Finance Credit Manager Salary 1 - 10 years exp. (90 salaries)	₹3.6 L/yr - ₹14 L/yr 183% more
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (84 salaries)	₹2 L/yr - ₹8.5 L/yr 64% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (81 salaries)	₹3 L/yr - ₹9 L/yr 81% more
Muthoot Finance Credit Manager Salary 0 - 12 years exp. (74 salaries)	₹3 L/yr - ₹7.2 L/yr 72% more
TVS Credit Credit Manager Salary 4 - 11 years exp. (49 salaries)	₹3.3 L/yr - ₹8.8 L/yr 99% more
SK Finance Limited Credit Manager Salary 1 - 10 years exp. (41 salaries)	₹2.8 L/yr - ₹6 L/yr 44% more
Muthoot Fincorp Credit Manager Salary 1 - 11 years exp. (40 salaries)	₹3 L/yr - ₹7.5 L/yr 79% more	1 job opening
Manappuram Finance Credit Manager Salary 0 - 12 years exp. (32 salaries)	₹3 L/yr - ₹6 L/yr 39% more
Capri Global Capital Credit Manager Salary 2 - 10 years exp. (25 salaries)	₹3.4 L/yr - ₹10.2 L/yr 112% more

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Credit Manager salary at Spandana Sphoorty Financial ranges between ₹1.1 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Credit Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.4 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr

Similar Designation salaries in Spandana Sphoorty Financial

Credit Officer Salary

(27 salaries)

₹1.2 L/yr - ₹3.45 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Branch Manager Salary

(152 salaries)

₹1.4 L/yr - ₹6.05 L/yr

Deputy Manager Salary

(9 salaries)

₹6.65 L/yr - ₹8.4 L/yr

Credit Analyst Salary

(4 salaries)

₹1.2 L/yr - ₹1.6 L/yr

Sales Manager Salary

(5 salaries)

₹2.4 L/yr - ₹5 L/yr

Branch Credit Manager Salary

(3 salaries)

₹2.1 L/yr - ₹2.1 L/yr

Credit Executive Salary

(5 salaries)

₹2.4 L/yr - ₹3.1 L/yr

Assistant Credit Manager Salary

(3 salaries)

₹4.2 L/yr - ₹5.8 L/yr

Sales Officer Salary

(4 salaries)

₹1.1 L/yr - ₹2.75 L/yr

Top skills at Spandana Sphoorty Financial for Credit Manager

Credit Appraisal Credit Underwriting Disbursement Credit Appraisal mortgage Home Loans Home Loans Credit Underwriting Mortgage Lap Business Loan Mortgage Loans housing loan Lap Credit Analysis

Salary related reviews for Spandana Sphoorty Financial

4.5

Rated by 3 employees for salary & benefits

Branch Manager in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

1.0

• posted on 05 Mar 2021

1.0

for Salary and Benefits

Likes

If you hate your family join spandana sphoorty, No family No week off, only begging infornt of borrowers houses. You can enjoy 24/7 beeging shiftm.... Very wonderfull to work with senior management ... They treat you like a begger infornt of temple... One and only worst never ever after company...

Dislikes

They give you salary like throwing biscuits to dog that too half biscuit....

Salary - Bad

+6 more

Branch Manager

Customer Success, Service & Operations Department

5.0

• posted on 26 Nov 2019

5.0

for Salary and Benefits

Likes

There is salary and appraisal are done with comfortable and learning some trick to crack the any uncomfortable situation.how to over come from pressure.

Salary - Excellent

+5 more

Dislikes

growth slow work pressure hihg i have worked 12-14 hours

Branch Manager in Katol

Finance & Accounting Department

5.0

• posted on 01 Aug 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

CLO in Choutuppal

Full Time

Other Department

1.0

• posted on 26 Feb 2025

1.0

for Salary and Benefits

Likes

Incentives.

Dislikes

Not attractive salary but incentives are good. Work pressure is too much it causes health issues to us. Work begins morning 6:30 am and ends 10.O clock pm. Very work torcher in this company.

Salary - Bad

+6 more

Business Development Executive in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Only Job security. Bad projects and no future prospects after working here, so they are looking for manual workers.

Dislikes

No hike, politics, unprofessional behaviour, difficult getting leaves, expected to stay late and work after officr hours

Salary - Bad

+5 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Spandana Sphoorty Financial Credit Manager Salary FAQs

What is the salary of Credit Manager at Spandana Sphoorty Financial ?

The average salary of a Credit Manager at Spandana Sphoorty Financial in India typically ranges from ₹1.1 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Credit Manager at Spandana Sphoorty Financial earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Credit Manager Salaries at Spandana Sphoorty Financial 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 6 Spandana Sphoorty Financial employees in India.

What is the estimated take home salary of a Credit Manager at Spandana Sphoorty Financial in India?

The estimated take-home salary of a Credit Manager at Spandana Sphoorty Financial in India typically ranges from ₹20,392 to ₹22,049 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 6 salaries received from various employees of Spandana Sphoorty Financial. 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 Spandana Sphoorty Financial ?

To be a Credit Manager at Spandana Sphoorty Financial in india, the key skills required include:

- Credit Appraisal
- Credit Underwriting
- Disbursement
- Credit Appraisal
- mortgage

These skills are highly valued at Spandana Sphoorty Financial and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Spandana Sphoorty Financial for Credit Manager in India?

Sundaram Finance	₹4.8 Lakhs to ₹15.0 Lakhs per year
PNB Housing Finance	₹4.9 Lakhs to ₹12.1 Lakhs per year
Tata Capital Housing Finance	₹4.0 Lakhs to ₹13.9 Lakhs per year
Kotak Mahindra Prime	₹3.9 Lakhs to ₹12.0 Lakhs per year
LendingKart	₹3.2 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Spandana Sphoorty Financial in India?

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

L&T Finance	₹3.6 Lakhs to ₹14.0 Lakhs per year
Poonawalla Fincorp	₹4.2 Lakhs to ₹11.6 Lakhs per year
Mahindra Finance	₹2.7 Lakhs to ₹13.0 Lakhs per year
SMFG India Credit	₹2.4 Lakhs to ₹10.9 Lakhs per year
Bajaj Finance	₹2.0 Lakhs to ₹9.0 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 Spandana Sphoorty Financial in India?

The salary growth for a Credit Manager at Spandana Sphoorty Financial depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience	Average Salary Range
Fresher	₹0.9 Lakhs to ₹2.3 Lakhs per year
1 year	₹1.6 Lakhs to ₹2.4 Lakhs per year
2 years	₹1.1 Lakhs to ₹4.6 Lakhs per year
3 years	₹2.2 Lakhs to ₹5.0 Lakhs per year

and so on.

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Spandana Sphoorty Financial Credit Manager Salaries

Spandana Sphoorty Financial Credit Manager salary in India ranges between ₹1.1 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.