Sundaram Finance Branch Credit Manager Salaries by 4 Employees (Updated 2024)

1 - 10 years exp.

₹4 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

At par with the average Branch Credit Manager Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA Branch Credit Manager Salary 10 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr
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Finance & Accounting Branch Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 12 May 2024

Companies similar to Sundaram Finance for Branch Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Branch Credit Manager Salary 4 - 10 years exp. (138 salaries)	₹3.2 L/yr - ₹8.5 L/yr 18% more
Mahindra Finance Branch Credit Manager Salary 6 - 11 years exp. (12 salaries)	₹2.8 L/yr - ₹6.4 L/yr 16% less
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Cholamandalam Investment & Finance Branch Credit Manager Salary 4 - 11 years exp. (96 salaries)	₹2.8 L/yr - ₹9.1 L/yr 9% more
Shriram Finance Branch Credit Manager Salary 2 - 10 years exp. (33 salaries)	₹2.4 L/yr - ₹7.5 L/yr 24% less
Kotak Mahindra Bank Branch Credit Manager Salary 0 - 7 years exp. (20 salaries)	₹4.9 L/yr - ₹9.5 L/yr 44% more
Tata Capital Branch Credit Manager Salary 2 - 9 years exp. (20 salaries)	₹2.9 L/yr - ₹9.5 L/yr 8% more
Aditya Birla Capital Branch Credit Manager Salary 5 - 10 years exp. (12 salaries)	₹5.4 L/yr - ₹9.5 L/yr 35% more
L&T Finance Branch Credit Manager Salary 0 - 4 years exp. (6 salaries)	₹3.5 L/yr - ₹5.1 L/yr 23% less
Sammaan Capital Limited Branch Credit Manager Salary 1 - 11 years exp. (225 salaries)	₹3.1 L/yr - ₹8 L/yr 10% more
PNB Housing Finance Branch Credit Manager Salary 2 - 10 years exp. (206 salaries)	₹4.5 L/yr - ₹14 L/yr 57% more	2 job openings
Bharat Financial Inclusion Branch Credit Manager Salary 0 - 7 years exp. (172 salaries)	₹1.5 L/yr - ₹5 L/yr 40% less
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Mahindra Rural Housing Finance Branch Credit Manager Salary 2 - 10 years exp. (113 salaries)	₹2.1 L/yr - ₹7.8 L/yr 10% less	2 job openings
Aavas Financiers Branch Credit Manager Salary 1 - 12 years exp. (77 salaries)	₹3.5 L/yr - ₹8 L/yr 12% more
Electronica Finance Branch Credit Manager Salary 2 - 7 years exp. (72 salaries)	₹2.8 L/yr - ₹5.4 L/yr 22% less
IIFL Finance Branch Credit Manager Salary 1 - 6 years exp. (62 salaries)	₹1.7 L/yr - ₹6.9 L/yr 44% less
Capri Global Capital Branch Credit Manager Salary 1 - 8 years exp. (60 salaries)	₹2.9 L/yr - ₹8 L/yr 2% more
Muthoot Fincorp Branch Credit Manager Salary 0 - 12 years exp. (50 salaries)	₹2.7 L/yr - ₹7 L/yr 13% less	1 job opening
Tata Capital Housing Finance Branch Credit Manager Salary 5 - 11 years exp. (38 salaries)	₹4.4 L/yr - ₹10.5 L/yr 27% more
Manappuram Finance Branch Credit Manager Salary 0 - 10 years exp. (35 salaries)	₹2.5 L/yr - ₹5.5 L/yr 26% less
CreditAccess Grameen Branch Credit Manager Salary 2 - 11 years exp. (32 salaries)	₹3 L/yr - ₹5.5 L/yr 28% less

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Branch Credit Manager salary at Sundaram Finance ranges between ₹4 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Sundaram Finance.

Experience wise Sundaram Finance Branch Credit Manager salaries

Last Updated: 12 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr

Similar Designation salaries in Sundaram Finance

Deputy Credit Manager Salary

(4 salaries)

₹6 L/yr - ₹6.5 L/yr

Branch Manager Salary

(45 salaries)

₹6.2 L/yr - ₹12 L/yr

Credit Manager Salary

(20 salaries)

₹4.8 L/yr - ₹15 L/yr

Assistant Credit Manager Salary

(5 salaries)

₹4 L/yr - ₹6 L/yr

Sales Manager Salary

(8 salaries)

₹2.75 L/yr - ₹7.37 L/yr

Credit Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Relationship Manager Salary

(8 salaries)

₹2 L/yr - ₹8 L/yr

Deputy Manager Salary

(134 salaries)

₹4.1 L/yr - ₹11.3 L/yr

Credit Analyst Salary

(5 salaries)

₹4.5 L/yr - ₹6 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Top skills at Sundaram Finance for Branch Credit Manager

Credit Underwriting Credit Appraisal Home Loans Credit Analysis Underwriting Credit Appraisal Credit Underwriting Credit Lap Credit Operations Credit Risk Analysis Credit Assessment Credit Processing Credit Evaluation Credit Assessment

Salary related reviews for Sundaram Finance

Deputy Manager in Jaipur

Full Time

Finance & Accounting Department

3.0

• posted on 03 May 2023

2.0

for Salary and Benefits

Likes

Job security, family based environment and sundaram values that existed in past.

Dislikes

Transfer to other deparments without discussion, slow promotions, Employee unfriendly salary structures, NO time for family.

Deputy Manager in Chennai

Full Time

Credit Operation Department

5.0

• posted on 05 Apr 2022

3.0

for Salary and Benefits

Likes

...ds on how one takes advantage of the same. Support from management for learning. Not big on compensation for middle level employees.

Dislikes

Appraisal and compensation.

Deputy Manager in Chennai

Finance & Accounting Department

5.0

• posted on 31 Oct 2019

3.0

for Salary and Benefits

Likes

This is like a gurukulam where we can learn end to end process in accounting. Give lot of exposures from bottom to top. Employee are not just colleguge they will be like a family member.

Dislikes

Slow growth in terms of compensation.

Accountant Cashier in Jamnagar

Full Time

Finance & Accounting Department

3.0

• posted on 17 Sep 2023

3.0

for Salary and Benefits

Likes

I like that no matter what your salary gets credited on the last day of every month. I like the fact that even during the Covid, there were not major layoffs. I like that the company gives 2 Saturdays off in a month, so you don't have to work 6 days every week.

Dislikes

I don't like that most of the responsibilities are on the shoulders of Cashiers of the branch, every day he has to reach office at 9:30am sharp and open the office (while the field staff can come late at 10:30am) and have to sit in the evening till 7 or 8 sometimes till everybody leaves because he is the one who has to close the office. Cashier's duties are not limited but can extend upon the work given to him. He has to make arrangements to fix any issues that the branch faces, right from IT related issues to electrical failures from handling sweepers etc. The company is very conservative, you'll have to provide proof for every penny spent from company's account. Moreover, company's polices of making payment to vendors/suppliers is pathetic, supplier will have to provide lots of documents so that their code is created in the company, most of the small vendors will not provide so many details. Even after opening the code company will cut the TDS and make the payment to the vendor. I'm not even mentioning other tasks a cashier has to perform because the list is too long, and most of the tasks I take it as my duty even though it does not come under my job profile.

Territory Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Oct 2023

2.0

for Salary and Benefits

Likes

The thing which I liked is lost, the USP of Sundaram is gone, no value for talent, only favourism works here. The atmosphere has worsened in the last 4 years and is going to be worse in the coming days too.

Dislikes

Favourism, no value of talent, no motivations, very late promotions and miniscule salary hikes

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Sundaram Finance Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Sundaram Finance?

Branch Credit Manager salary at Sundaram Finance in India ranges between ₹4.0 Lakhs to ₹7.0 Lakhs for experience between 1 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Sundaram Finance India.

What are the top skills required to work as a Branch Credit Manager at Sundaram Finance?

Credit Underwriting, Credit Appraisal, Home Loans, Credit Analysis and Underwriting are some of the popular skills required to work as a Branch Credit Manager at Sundaram Finance India.

Which similar companies are paying more than Sundaram Finance to a Branch Credit Manager in India?

Kotak Mahindra Prime Branch Credit Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
PNB Housing Finance Branch Credit Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Bank Branch Credit Manager Salary - ₹4.9 Lakhs to ₹9.5 Lakhs per year
Aditya Birla Capital Branch Credit Manager Salary - ₹5.4 Lakhs to ₹9.5 Lakhs per year
Tata Capital Housing Finance Branch Credit Manager Salary - ₹4.4 Lakhs to ₹10.5 Lakhs per year

What is the salary of a Branch Credit Manager in companies similar to Sundaram Finance in India?

Poonawalla Fincorp Branch Credit Manager Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
Bajaj Finance Branch Credit Manager Salary - ₹3.2 Lakhs to ₹8.5 Lakhs per year
Aavas Financiers Branch Credit Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
Sammaan Capital Limited Branch Credit Manager Salary - ₹3.1 Lakhs to ₹8.0 Lakhs per year
Cholamandalam Investment & Finance Branch Credit Manager Salary - ₹2.8 Lakhs to ₹9.1 Lakhs per year

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

The estimated take-home salary of a Branch Credit Manager at Sundaram Finance ranges between ₹40,456 per month to ₹41,614 per month in India. The take-home salary calculation is based on the average Sundaram Finance Branch Credit Manager salary in India which ranges between ₹4.0 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Branch Credit Manager at Sundaram Finance?

According to AmbitionBox, 100% of the Sundaram Finance Branch Credit Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Sundaram Finance Branch Credit Manager Salaries

Sundaram Finance Branch Credit Manager salary in India ranges between ₹4 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Sundaram Finance latest salaries received from various employees of Sundaram Finance.