Sundaram Finance Credit Manager Salaries by 20+ Employees (Updated 2024)

1 - 21 years exp.

₹4.8 Lakhs - ₹15 Lakhs

Salary of majority employees

9% more than the average Credit Manager Salary in NBFC Companies for 1 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 4 - 21 years exp. (8 salaries)	₹5.3 L/yr - ₹15 L/yr
Finance & Accounting Credit Manager Salary 1 - 14 years exp. (7 salaries)	₹5 L/yr - ₹10 L/yr
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Risk Management & Compliance Credit Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹8.8 L/yr

Last Updated: 22 Nov 2024

Companies similar to Sundaram Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (193 salaries)	₹2.4 L/yr - ₹8.5 L/yr 31% less
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (87 salaries)	₹2.3 L/yr - ₹12.2 L/yr 16% less
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Cholamandalam Investment & Finance Credit Manager Salary 2 - 12 years exp. (148 salaries)	₹2.4 L/yr - ₹10.3 L/yr 34% less
Shriram Finance Credit Manager Salary 2 - 12 years exp. (145 salaries)	₹1.8 L/yr - ₹10.5 L/yr 28% less	3 job openings
ICICI Prudential Life Insurance Credit Manager Salary 0 - 2 years exp. (3 salaries)	₹2.6 L/yr - ₹8 L/yr 36% less
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1.1k salaries)	₹4 L/yr - ₹15.2 L/yr 5% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (451 salaries)	₹4 L/yr - ₹13 L/yr 4% less	9 job openings
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (171 salaries)	₹4 L/yr - ₹13 L/yr 13% less
L&T Finance Credit Manager Salary 1 - 9 years exp. (83 salaries)	₹4.5 L/yr - ₹14 L/yr 2% less
Aavas Financiers Credit Manager Salary 1 - 9 years exp. (271 salaries)	₹3 L/yr - ₹8.5 L/yr 32% less	3 job openings
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (191 salaries)	₹4 L/yr - ₹13.5 L/yr 4% less
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IIFL Finance Credit Manager Salary 0 - 7 years exp. (167 salaries)	₹2.5 L/yr - ₹9.5 L/yr 39% less
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (144 salaries)	₹3.6 L/yr - ₹10.1 L/yr 23% less	2 job openings
Kotak Mahindra Prime Credit Manager Salary 0 - 9 years exp. (138 salaries)	₹4.5 L/yr - ₹12 L/yr 5% less
PNB Housing Finance Credit Manager Salary 0 - 11 years exp. (92 salaries)	₹4.9 L/yr - ₹12 L/yr 1% less
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (91 salaries)	₹3 L/yr - ₹8.4 L/yr 40% less
Mahindra Rural Housing Finance Credit Manager Salary 2 - 10 years exp. (78 salaries)	₹2 L/yr - ₹8.7 L/yr 44% less
Muthoot Finance Credit Manager Salary 0 - 9 years exp. (61 salaries)	₹3 L/yr - ₹6.3 L/yr 43% less	2 job openings
TVS Credit Credit Manager Salary 4 - 11 years exp. (48 salaries)	₹3.3 L/yr - ₹8.8 L/yr 27% less	1 job opening
Electronica Finance Credit Manager Salary 3 - 9 years exp. (41 salaries)	₹2.5 L/yr - ₹10.1 L/yr 32% less	1 job opening

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Credit Manager salary at Sundaram Finance ranges between ₹4.8 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 21 years. Salary estimates are based on 20 latest salaries received from various employees of Sundaram Finance.

Experience wise Sundaram Finance Credit Manager salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹10.9 L/yr
2 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.3 L/yr
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3 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹12.2 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.6 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹13.5 L/yr
8 years (3 salaries)	₹5.3 L/yr - ₹13.9 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.2 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹9.7 L/yr
13 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.7 L/yr
14 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.8 L/yr
15+ years (AmbitionBox Estimate)	₹4 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

(45 salaries)

₹6.2 L/yr - ₹12 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

Sales Manager Salary

(8 salaries)

₹2.75 L/yr - ₹7.37 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

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

Salary related reviews for Sundaram Finance

4.8

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.

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 Credit Manager Salary FAQs

What is the salary of Credit Manager at Sundaram Finance?

Credit Manager salary at Sundaram Finance in India ranges between ₹4.8 Lakhs to ₹15.0 Lakhs for experience between 1 years to 21 years. According to our estimates it is 9% more than the average Credit Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Sundaram Finance India.

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

The average salary of a Credit Manager at Sundaram Finance is 9% more 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 Sundaram Finance?

Financial Statement Analysis, Credit Management, Ratio Analysis, Financial Analysis and Proposal Writing are some of the popular skills required to work as a Credit Manager at Sundaram Finance India.

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

Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.2 Lakhs per year

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

PNB Housing Finance Credit Manager Salary - ₹4.9 Lakhs to ₹12.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹4.0 Lakhs to ₹13.5 Lakhs per year
LendingKart Credit Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year

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 ranges between ₹61,871 per month to ₹63,441 per month in India. The take-home salary calculation is based on the average Sundaram Finance Credit Manager salary in India which ranges between ₹4.8 Lakhs to ₹15.0 Lakhs per year for employees with experience between 1 years to 21 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 70% of the Sundaram Finance Credit Managers reported a notice period of 3 Months, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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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 20 Sundaram Finance latest salaries received from various employees of Sundaram Finance.