Srei Equipment Finance Credit Manager Salaries by 8 Employees

5 - 12 years exp.

₹4 Lakhs - ₹9.2 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Credit Manager Salary in Financial Services Companies for 5 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Credit Manager Salary 5 - 12 years exp. (5 salaries)	₹6 L/yr - ₹9.2 L/yr
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BFSI, Investments & Trading Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹7.4 L/yr

Last Updated: 15 Mar 2023

Companies similar to Srei Equipment Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (383 salaries)	₹2.5 L/yr - ₹8.5 L/yr 11% less
Aditya Birla Capital Credit Manager Salary 3 - 10 years exp. (200 salaries)	₹4 L/yr - ₹10.4 L/yr 13% more
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Edelweiss Credit Manager Salary 0 - 8 years exp. (142 salaries)	₹2.7 L/yr - ₹12 L/yr 4% more
Aditya Birla Housing Finance Credit Manager Salary 3 - 12 years exp. (58 salaries)	₹5 L/yr - ₹9.5 L/yr 7% more
The Muthoot Group Credit Manager Salary 0 - 11 years exp. (15 salaries)	₹3.4 L/yr - ₹5.9 L/yr 27% less
Magma Housing Finance Credit Manager Salary 2 - 10 years exp. (14 salaries)	₹3.5 L/yr - ₹10.5 L/yr 6% less
Reliance Capital Credit Manager Salary 0 - 13 years exp. (7 salaries)	₹6 L/yr - ₹8.4 L/yr 9% more
Religare Finvest Credit Manager Salary 0 - 7 years exp. (7 salaries)	₹6.7 L/yr - ₹14 L/yr 34% more
JM Financial Credit Manager Salary 3 - 9 years exp. (6 salaries)	₹3.6 L/yr - ₹8.6 L/yr 3% less
Sharekhan Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹8.3 L/yr 24% less
Motilal Oswal Financial Services Credit Manager Salary 0 - 13 years exp. (5 salaries)	₹5.1 L/yr - ₹6.5 L/yr 15% less
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Wells Fargo Credit Manager Salary 2 - 11 years exp. (5 salaries)	₹7.7 L/yr - ₹25 L/yr 162% more
Muthoot Capital Services Credit Manager Salary 9 - 15 years exp. (4 salaries)	₹3.5 L/yr - ₹7.5 L/yr 8% less
Motilal Oswal Credit Manager Salary 6 - 7 years exp. (4 salaries)	₹3.9 L/yr - ₹5.2 L/yr 32% less

Credit Manager salary at Srei Equipment Finance ranges between ₹4 Lakhs to ₹9.2 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 8 latest salaries received from various employees of Srei Equipment Finance.

Experience wise Srei Equipment Finance Credit Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.5 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹9.2 L/yr
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7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.8 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.1 L/yr

View all

Similar Designation salaries in Srei Equipment Finance

Area Credit Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Branch Manager Salary

(5 salaries)

₹5.1 L/yr - ₹13.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Chief Manager Salary

(44 salaries)

₹7 L/yr - ₹16.92 L/yr

Credit Analyst Salary

(3 salaries)

₹5 L/yr - ₹12 L/yr

Zonal Credit Manager Salary

(3 salaries)

₹12 L/yr - ₹19.7 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Branch Credit Manager Salary

(6 salaries)

₹4.2 L/yr - ₹6 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Top skills at Srei Equipment Finance for Credit Manager

Credit Analysis Credit Underwriting Financial Analysis Credit Risk Credit Underwriting Commercial Vehicle Construction Equipment Credit Analysis

Salary related reviews for Srei Equipment Finance

3.0

Rated by 1 employees for salary & benefits

Credit Manager in Nagpur

BFSI, Investments & Trading Department

5.0

• posted on 01 Jul 2018

3.0

for Salary and Benefits

Likes

SREI having excellent team and working with experienced team in order to source and to finance the customer. In terms of individual growth srei always stands as a good learning platform. For CME asset financing srei is altogether having good portfolio and customer backup for financing. Work enviornment is good and one can enjoy being a good work life balance in SREI.

Skill development - Excellent

+3 more

Dislikes

Compensation is decent. For entry level manager is also good. Srei always pays good as per experience of individual. Work pressure is also very high compared to any NBFC.

Associate Vice President in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 30 May 2022

4.0

for Salary and Benefits

Likes

It's like a family, job security is 100%, the company will make sure you be at the right place where you can deliver best, Management are totally employee friendly and company gives full flexibility to employees in delivering their work.

Salary - Good

+6 more

Dislikes

Just one thing, salary structure should be within band for each grade.

Office Assistant in Chandigarh

Full Time

Food, Beverage & Hospitality Department

5.0

• posted on 15 Jun 2023

2.0

for Salary and Benefits

Likes

I am working with company from last 6 years and wiring environment of srei is very good all staff is very helpful and supportive. I always like family here.

Skill development - Excellent

+4 more

Dislikes

Salary and promotion structure is not up to the market standards.

Salary - Poor

+1 more

Legal Manager in Kolkata

Full Time

Legal & Regulatory Department

2.0

• posted on 27 Mar 2022

2.0

for Salary and Benefits

Likes

Only job security there

Job security - Excellent

+1 more

Dislikes

No proper work culture. No motivation given by employer, compensation is not match according to the work load by junior management. Only senior management take the fruit of the work. No proper appraisal.

Salary - Poor

+4 more

Manager in Kolkata

Legal & Regulatory Department

1.0

• posted on 12 May 2021

1.0

for Salary and Benefits

Likes

Nothing worst I have ever worked with. No policy of salary structure here Executive, Manager Sr manager, Chief Manager, VP , Sr. VP salary no parameter. No salary hike no appraisal for last 4 to 5 yrs

Work-life balance - Good

Dislikes

All are worst no salary structure no parameter based on the work allocation. No appraisal, No increment without going for proper review randlomly below rated the employee not to get their salary hikes

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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Srei Equipment Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Srei Equipment Finance ?

The average salary of a Credit Manager at Srei Equipment Finance in India typically ranges from ₹4.0 Lakhs to ₹9.2 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Credit Manager at Srei Equipment Finance earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹9.2 Lakhs per year. Credit Manager Salaries at Srei Equipment 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 8 Srei Equipment Finance employees in India.

What is the estimated take home salary of a Credit Manager at Srei Equipment Finance in India?

The estimated take-home salary of a Credit Manager at Srei Equipment Finance in India typically ranges from ₹51,566 to ₹52,782 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹9.2 Lakhs per year for employees with experience ranging from 5 years to 12 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 8 salaries received from various employees of Srei Equipment 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 Srei Equipment Finance ?

To be a Credit Manager at Srei Equipment Finance in india, the key skills required include:

- Credit Analysis
- Credit Underwriting
- Financial Analysis
- Credit Risk
- Credit Underwriting

These skills are highly valued at Srei Equipment Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Srei Equipment Finance for Credit Manager in India?

Wells Fargo	₹7.7 Lakhs to ₹25.0 Lakhs per year
Religare Finvest	₹6.7 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Capital	₹4.0 Lakhs to ₹10.4 Lakhs per year
Reliance Capital	₹6.0 Lakhs to ₹8.4 Lakhs per year
Aditya Birla Housing Finance	₹5.0 Lakhs to ₹9.5 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Srei Equipment Finance in India?

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

Edelweiss	₹2.7 Lakhs to ₹12.0 Lakhs per year
JM Financial	₹3.6 Lakhs to ₹8.6 Lakhs per year
Magma Housing Finance	₹3.5 Lakhs to ₹10.5 Lakhs per year
Muthoot Capital Services	₹3.5 Lakhs to ₹7.5 Lakhs per year
Bajaj Finserv	₹2.5 Lakhs to ₹8.5 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 Srei Equipment Finance in India?

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

Experience	Average Salary Range
5 years	₹2.8 Lakhs to ₹8.5 Lakhs per year
6 years	₹2.8 Lakhs to ₹9.2 Lakhs per year
7 years	₹4.2 Lakhs to ₹8.8 Lakhs per year
8 years	₹4.2 Lakhs to ₹12.0 Lakhs per year

and so on.

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Srei Equipment Finance Credit Manager Salaries

Srei Equipment Finance Credit Manager salary in India ranges between ₹4 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Srei Equipment Finance latest salaries received from various employees of Srei Equipment Finance.

Srei Equipment Finance Credit Manager salaries in India

Companies similar to Srei Equipment Finance for Credit Manager

Latest annual salaries shared by Srei Equipment Finance Credit Manager

Experience wise Srei Equipment Finance Credit Manager salaries

Similar Designation salaries in Srei Equipment Finance

Top skills at Srei Equipment Finance for Credit Manager

Salary related reviews for Srei Equipment Finance

Credit Manager in Nagpur

Associate Vice President in Kolkata

Office Assistant in Chandigarh

Legal Manager in Kolkata

Manager in Kolkata

Srei Equipment Finance Credit Manager Salary FAQs

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Srei Equipment Finance Credit Manager Salaries by Location