Svatantra Microfin Credit Manager Salaries by 4 Employees

3 - 4 years exp.

₹3.2 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Credit Manager Salary in NBFC Companies for 3 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Credit Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹5 L/yr
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Finance & Accounting Credit Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.6 L/yr

Last Updated: 18 Jul 2024

Companies similar to Svatantra Microfin for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Tata Capital Credit Manager Salary 0 - 11 years exp. (448 salaries)	₹3.7 L/yr - ₹12.5 L/yr 53% more	6 job openings
SMFG India Credit Credit Manager Salary 0 - 13 years exp. (342 salaries)	₹2.4 L/yr - ₹10.9 L/yr 26% more
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Aditya Birla Finance Credit Manager Salary 0 - 10 years exp. (318 salaries)	₹4 L/yr - ₹11.3 L/yr 37% more
Piramal Capital Housing Finance Credit Manager Salary 1 - 13 years exp. (285 salaries)	₹3 L/yr - ₹10 L/yr 30% more
Aavas Financiers Credit Manager Salary 1 - 10 years exp. (277 salaries)	₹3 L/yr - ₹8.5 L/yr 15% more	5 job openings
Annapurna Finance Credit Manager Salary 2 - 10 years exp. (196 salaries)	₹2.7 L/yr - ₹6.2 L/yr 16% less
Shubham Housing Development Finance Credit Manager Salary 2 - 9 years exp. (159 salaries)	₹2.1 L/yr - ₹5.5 L/yr 21% less
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (150 salaries)	₹4.2 L/yr - ₹11.3 L/yr 34% more
Bajaj Housing Finance Credit Manager Salary 1 - 6 years exp. (124 salaries)	₹2 L/yr - ₹7.8 L/yr 8% less
India Shelter Finance Corporation Credit Manager Salary 1 - 8 years exp. (92 salaries)	₹2.9 L/yr - ₹6.5 L/yr 13% less
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (84 salaries)	₹2 L/yr - ₹8.5 L/yr 10% less
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InCred Finance Credit Manager Salary 2 - 11 years exp. (73 salaries)	₹4.1 L/yr - ₹11.4 L/yr 47% more
Veritas Finance Credit Manager Salary 0 - 9 years exp. (66 salaries)	₹2.8 L/yr - ₹5.9 L/yr 19% less
Aye Finance Credit Manager Salary 2 - 10 years exp. (41 salaries)	₹2.6 L/yr - ₹6.8 L/yr 15% less
Hinduja Leyland Finance Credit Manager Salary 2 - 12 years exp. (36 salaries)	₹3.2 L/yr - ₹11.5 L/yr 28% more
Chaitanya India Fin Credit Credit Manager Salary 1 - 5 years exp. (26 salaries)	₹2.2 L/yr - ₹4 L/yr 42% less
Capri Global Capital Credit Manager Salary 2 - 10 years exp. (25 salaries)	₹3.4 L/yr - ₹10.2 L/yr 16% more
Five-Star Business Finance Credit Manager Salary 2 - 7 years exp. (20 salaries)	₹2.5 L/yr - ₹5.8 L/yr 38% less
Ess Kay Fincorp Credit Manager Salary 2 - 10 years exp. (19 salaries)	₹2.4 L/yr - ₹5.9 L/yr 21% less
Hero FinCorp Credit Manager Salary 2 - 12 years exp. (17 salaries)	₹5 L/yr - ₹11.6 L/yr 51% more

View all

Credit Manager salary at Svatantra Microfin ranges between ₹3.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Svatantra Microfin.

Experience wise Svatantra Microfin Credit Manager salaries

Last Updated: 18 Jul 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.3 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9.6 L/yr

Similar Designation salaries in Svatantra Microfin

Credit Officer Salary

(12 salaries)

₹2.5 L/yr - ₹4 L/yr

Area Credit Manager Salary

(5 salaries)

₹5.5 L/yr - ₹6.32 L/yr

Branch Manager Salary

(95 salaries)

₹2.1 L/yr - ₹6 L/yr

Deputy Manager Salary

(12 salaries)

₹8.65 L/yr - ₹15.7 L/yr

Chief Manager Salary

(5 salaries)

₹14.29 L/yr - ₹22 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Branch Credit Manager Salary

(7 salaries)

₹3 L/yr - ₹5.07 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Top skills at Svatantra Microfin for Credit Manager

Credit Appraisal Credit Management Credit Underwriting Credit Analysis

Salary related reviews for Svatantra Microfin

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Nanded

Full Time

Finance & Accounting Department

5.0

• posted on 07 Oct 2023

5.0

for Salary and Benefits

Likes

...pvt Ltd is best industry in India all Staff Sefty salution Education Relative... Help Staff Advance Salary Benifits Thank you for Svatantra

Salary - Excellent

+6 more

Dislikes

Svatantra Microfin pvt Ltd Is best industry In all But Management Team political issues No any Respect Field work Staff

Data Entry Operator in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 14 Dec 2021

4.0

for Salary and Benefits

Likes

...agement 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 - Good

+6 more

Dislikes

There is a lot of politics and the management dose not 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 joiners.

Regional Mediclaim Coordinator in Mumbai

CSR & Social Service Department

4.0

• posted on 03 Jun 2022

5.0

for Salary and Benefits

Likes

Compensation and Job security is one among the best for my designation. I'm also able to manage a good work life balance.

Salary - Excellent

+5 more

Dislikes

Career Growth and Opportunities is not upto the mark as far as my designation is concerned. Being a Social Work Graduate, the experience that I'm having in my current position is not considered as valid for most of the Social work professions

Area Operation Manager in Bikaner

Finance Department

4.0

• posted on 10 Aug 2021

3.0

for Salary and Benefits

Likes

I'm so lucky & thankful to part of this company. There is a Great working culture ever I have seen, excellent & supportive management, lots of learning ways & platform, values which will definitely change the society & create more woman empowerment.

Skill development - Excellent

+5 more

Dislikes

Everything is fine but salary is little bit low as compare to your work responsibility & as compare to other institution.

Branche Operation Manager in Mumbai

Branch Operations Department

5.0

• posted on 10 Apr 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.

see more salary related reviews

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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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Svatantra Microfin Credit Manager Salary FAQs

What is the salary of Credit Manager at Svatantra Microfin ?

The average salary of a Credit Manager at Svatantra Microfin in India typically ranges from ₹3.2 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Credit Manager at Svatantra Microfin earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.7 Lakhs per year. Credit Manager Salaries at Svatantra Microfin 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 4 Svatantra Microfin employees in India.

What is the estimated take home salary of a Credit Manager at Svatantra Microfin in India?

The estimated take-home salary of a Credit Manager at Svatantra Microfin in India typically ranges from ₹39,536 to ₹40,708 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 3 years 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 4 salaries received from various employees of Svatantra Microfin. 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 Svatantra Microfin ?

To be a Credit Manager at Svatantra Microfin in india, the key skills required include:

- Credit Appraisal
- Credit Management
- Credit Underwriting
- Credit Analysis

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

Which companies offer higher salaries than Svatantra Microfin for Credit Manager in India?

BA Continuum	₹9.0 Lakhs to ₹17.0 Lakhs per year
Sundaram Finance	₹4.8 Lakhs to ₹15.0 Lakhs per year
Tata Motors Finance	₹7.1 Lakhs to ₹12.8 Lakhs per year
Arohan Financial Services	₹5.9 Lakhs to ₹10.5 Lakhs per year
Tata Capital	₹3.7 Lakhs to ₹12.5 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Svatantra Microfin in India?

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

Hero FinCorp	₹5.0 Lakhs to ₹11.6 Lakhs per year
InCred Finance	₹4.1 Lakhs to ₹11.4 Lakhs per year
Aditya Birla Finance	₹4.0 Lakhs to ₹11.3 Lakhs per year
Poonawalla Fincorp	₹4.2 Lakhs to ₹11.3 Lakhs per year
Piramal Capital Housing Finance	₹3.0 Lakhs to ₹10.0 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 Svatantra Microfin in India?

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

Experience	Average Salary Range
3 years	₹4.2 Lakhs to ₹9.3 Lakhs per year
4 years	₹3.2 Lakhs to ₹9.6 Lakhs per year

and so on.

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Svatantra Microfin Credit Manager Salaries

Svatantra Microfin Credit Manager salary in India ranges between ₹3.2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Svatantra Microfin latest salaries received from various employees of Svatantra Microfin.