Sundaram Finance Credit Manager Salaries by 10+ Employees (Updated 2025)

1 - 22 years exp.

₹4.8 Lakhs - ₹15 Lakhs

Salary of majority employees

Fixed (90%)

₹8.1 Lakhs

Variable (10%)

₹0.9 Lakh

15% more than the average Credit Manager Salary in NBFC Companies for 1 - 22 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 10 - 22 years exp. (7 salaries)	₹6.5 L/yr - ₹15 L/yr
Finance & Accounting Credit Manager Salary 1 - 14 years exp. (5 salaries)	₹5 L/yr - ₹9.8 L/yr
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Risk Management & Compliance Credit Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹11.5 L/yr

Last Updated: 14 Feb 2025

Companies similar to Sundaram Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (395 salaries)	₹2 L/yr - ₹9 L/yr 33% less	4 job openings
Mahindra Finance Credit Manager Salary 1 - 14 years exp. (110 salaries)	₹2.3 L/yr - ₹12.7 L/yr 21% less
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Cholamandalam Investment & Finance Credit Manager Salary 2 - 12 years exp. (149 salaries)	₹2 L/yr - ₹9.9 L/yr 36% less
Shriram Finance Credit Manager Salary 0 - 12 years exp. (139 salaries)	₹1.8 L/yr - ₹10.4 L/yr 39% less	2 job openings
ICICI Prudential Life Insurance Credit Manager Salary 0 - 2 years exp. (3 salaries)	₹2.6 L/yr - ₹8 L/yr 40% less
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹3.8 L/yr - ₹15 L/yr 1% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (448 salaries)	₹3.7 L/yr - ₹12.5 L/yr 11% less	6 job openings
Aditya Birla Capital Credit Manager Salary 3 - 10 years exp. (200 salaries)	₹4 L/yr - ₹10.4 L/yr 16% less
L&T Finance Credit Manager Salary 1 - 10 years exp. (90 salaries)	₹3.6 L/yr - ₹14 L/yr 10% less
Aavas Financiers Credit Manager Salary 1 - 10 years exp. (272 salaries)	₹3 L/yr - ₹8 L/yr 34% less	4 job openings
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (189 salaries)	₹4 L/yr - ₹13.3 L/yr 11% less
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IIFL Finance Credit Manager Salary 0 - 10 years exp. (179 salaries)	₹2.3 L/yr - ₹10.1 L/yr 35% less
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (150 salaries)	₹4.2 L/yr - ₹11.3 L/yr 22% less
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (121 salaries)	₹3.9 L/yr - ₹12 L/yr 9% less
PNB Housing Finance Credit Manager Salary 0 - 13 years exp. (95 salaries)	₹4.9 L/yr - ₹12.1 L/yr 2% less
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (81 salaries)	₹3 L/yr - ₹9 L/yr 43% less
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (84 salaries)	₹2 L/yr - ₹8.5 L/yr 48% less
Muthoot Finance Credit Manager Salary 0 - 12 years exp. (73 salaries)	₹3 L/yr - ₹7.2 L/yr 44% less	1 job opening
TVS Credit Credit Manager Salary 4 - 12 years exp. (49 salaries)	₹3.3 L/yr - ₹8.8 L/yr 37% less
Electronica Finance Credit Manager Salary 3 - 10 years exp. (49 salaries)	₹2.5 L/yr - ₹10.1 L/yr 40% less	3 job openings

View all

Credit Manager salary at Sundaram Finance ranges between ₹4.8 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 22 years. Salary estimates are based on 17 latest salaries received from various employees of Sundaram Finance.

Experience wise Sundaram Finance Credit Manager salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹11.3 L/yr
2 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.8 L/yr
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3 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹13.2 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13.6 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹14.1 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14.6 L/yr
9 years (AmbitionBox Estimate)	₹8 L/yr - ₹15 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹15.5 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹16 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹9.7 L/yr
13 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹9.7 L/yr
14 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹9.8 L/yr
15+ years (3 salaries)	₹4.3 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Sundaram Finance

Credit Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Branch Manager Salary

(40 salaries)

₹6 L/yr - ₹10.6 L/yr

Deputy Manager Salary

(139 salaries)

₹5.15 L/yr - ₹11.44 L/yr

Credit Analyst Salary

(5 salaries)

₹4.5 L/yr - ₹6 L/yr

Sales Manager Salary

(4 salaries)

₹2.75 L/yr - ₹5.8 L/yr

Branch Credit Manager Salary

(4 salaries)

₹4 L/yr - ₹7 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹6 L/yr - ₹6.5 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Assistant Credit Manager Salary

(5 salaries)

₹4 L/yr - ₹6 L/yr

Top skills at Sundaram Finance for Credit Manager

Credit Appraisal Credit Assessment Financial Statement Analysis Credit Analysis Credit Management Ratio Analysis Credit Underwriting Financial Analysis Proposal Writing Credit Operations Credit Underwriting Business Loan Balance Sheet analysis Working Capital Finance Corporate Finance

Salary related reviews for Sundaram Finance

4.7

Rated by 3 employees for salary & benefits

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.

Job security - Good

Dislikes

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

Salary - Poor

+2 more

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.

Skill development - Excellent

+5 more

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.

Skill development - Excellent

+5 more

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.

Job security - Good

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.

Promotions - Poor

+2 more

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.

Job security - Good

+1 more

Dislikes

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

Salary - Poor

+3 more

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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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Sundaram Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Sundaram Finance ?

The average salary of a Credit Manager at Sundaram Finance in India typically ranges from ₹4.8 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 1 year to 22 years).

The top 10% of Credit Manager at Sundaram Finance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Credit Manager Salaries at Sundaram 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 10+ Sundaram Finance employees in India.

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

The estimated take-home salary of a Credit Manager at Sundaram Finance in India typically ranges from ₹65,664 to ₹67,341 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 1 year to 22 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 10+ salaries received from various employees of Sundaram 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 Sundaram Finance ?

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

- Credit Appraisal
- Credit Assessment
- Financial Statement Analysis
- Credit Analysis
- Credit Management

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

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

Kotak Mahindra Bank

₹3.8 Lakhs to ₹15.0 Lakhs per year

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

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

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

PNB Housing Finance	₹4.9 Lakhs to ₹12.1 Lakhs per year
Kotak Mahindra Prime	₹3.9 Lakhs to ₹12.0 Lakhs per year
L&T Finance	₹3.6 Lakhs to ₹14.0 Lakhs per year
Tata Capital Housing Finance	₹4.0 Lakhs to ₹13.3 Lakhs per year
LendingKart	₹3.0 Lakhs to ₹13.5 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 Sundaram Finance in India?

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

Experience	Average Salary Range
1 year	₹5.0 Lakhs to ₹11.3 Lakhs per year
2 years	₹5.0 Lakhs to ₹11.8 Lakhs per year
3 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
4 years	₹6.3 Lakhs to ₹8.1 Lakhs per year

and so on.

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Sundaram Finance Credit Manager Salaries

Sundaram Finance Credit Manager salary in India ranges between ₹4.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Sundaram Finance latest salaries received from various employees of Sundaram Finance.