Swarna Pragati Housing Microfinance Credit Manager Salaries by 5 Employees

4 - 8 years exp.

₹3.3 Lakhs - ₹4.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

51% less than the average Credit Manager Salary in Financial Services Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 4 - 8 years exp. (3 salaries)	₹3.3 L/yr - ₹4.6 L/yr
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Finance & Accounting Credit Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.4 L/yr

Last Updated: 30 Oct 2024

Companies similar to Swarna Pragati Housing Microfinance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Profectus Capital Credit Manager Salary 0 - 8 years exp. (20 salaries)	₹8 L/yr - ₹15 L/yr 209% more
Dmi Housing Finance Credit Manager Salary 3 - 10 years exp. (16 salaries)	₹4.4 L/yr - ₹8 L/yr 57% more
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Auxilo Finserve Credit Manager Salary 0 - 9 years exp. (12 salaries)	₹6 L/yr - ₹8.4 L/yr 76% more
Indostar Home Finance Credit Manager Salary 4 - 11 years exp. (9 salaries)	₹3.5 L/yr - ₹12 L/yr 87% more
Reliance Money Credit Manager Salary 5 - 15 years exp. (7 salaries)	₹6.8 L/yr - ₹10 L/yr 129% more
ART Housing Finance (India) Credit Manager Salary 0 - 8 years exp. (6 salaries)	₹4.3 L/yr - ₹5.6 L/yr 25% more
KredX Credit Manager Salary 3 - 5 years exp. (4 salaries)	₹7.7 L/yr - ₹12 L/yr 135% more
Karvy Financial Services Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹4.6 L/yr - ₹7.8 L/yr 71% more
Bss Microfinance Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹4.7 L/yr - ₹7.2 L/yr 47% more

Credit Manager salary at Swarna Pragati Housing Microfinance ranges between ₹3.3 Lakhs to ₹4.6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Swarna Pragati Housing Microfinance.

Experience wise Swarna Pragati Housing Microfinance Credit Manager salaries

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.8 L/yr
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6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.6 L/yr

Similar Designation salaries in Swarna Pragati Housing Microfinance

Credit Officer Salary

(4 salaries)

₹2.2 L/yr - ₹3.5 L/yr

Branch Manager Salary

(10 salaries)

₹2.05 L/yr - ₹4.72 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Branch Credit Manager Salary

(3 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Credit Executive Salary

(4 salaries)

₹1.8 L/yr - ₹2.8 L/yr

Assistant Credit Manager Salary

(4 salaries)

₹2.1 L/yr - ₹4 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Swarna Pragati Housing Microfinance

1.9

Rated by 4 employees for salary & benefits

Area Manager in Tiruchirappalli

Full Time

Sales & Business Development Department

4.0

• posted on 29 Aug 2024

5.0

for Salary and Benefits

Likes

Timely salary paid.. In COVID period also company paid full salary. Good incentive structure.. Upto Jul2023 company is going excellent one.

Salary - Excellent

+3 more

Dislikes

After July 2023 Fund issue.. So business suffered. Currently it's going DSA base..

Job security - Poor

HR Assistant in Nagpur

Full Time

Human Resources Department

5.0

• posted on 14 Sep 2021

5.0

for Salary and Benefits

Likes

Best best best!!! Best company ever, best HR ever!! Best working environment. Job security at its best, great polices, first class work life balance!! MISS SPHM SO MUCH 🤗

Salary - Excellent

+6 more

Dislikes

Nothing!! Everything is at its best.

Credit Officer in Shirur

Full Time

Finance & Accounting Department

4.0

• posted on 02 Oct 2019

4.0

for Salary and Benefits

Likes

Salary - Good
Skill development - Excellent

+3 more

Dislikes

Sometimes, the workload is very high and tasks become repetitive with time. There is no work-life balance. You might feel lost in the crowd, and it is hard to feel the impact of your contribution to such a huge company.

Job security - Poor

Internal Auditor in Tiruchirappalli

BFSI, Investments & Trading Department

4.0

• posted on 24 Nov 2018

4.0

for Salary and Benefits

Likes

My career started from sphm, every day I learning new things and handling to new people.

Salary - Good

+6 more

Dislikes

I handling Work pressure not bad because if you want to career growth you must be know that hand work pressure.

CEO in Chennai

Sales & Business Development Department

3.0

• posted on 26 Jul 2018

3.0

for Salary and Benefits

Likes

The business model is good. It is most innovative and has huge business opportunity in the segment of EWS housing.

Skill development - Good

+4 more

Dislikes

The IT systems and the monitoring mechanisms needs improvement. On appraisal of credit under writing the weakness needs to be bridged.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Swarna Pragati Housing Microfinance Credit Manager Salary FAQs

What is the salary of Credit Manager at Swarna Pragati Housing Microfinance ?

The average salary of a Credit Manager at Swarna Pragati Housing Microfinance in India typically ranges from ₹3.3 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Credit Manager at Swarna Pragati Housing Microfinance earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Credit Manager Salaries at Swarna Pragati Housing Microfinance 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 5 Swarna Pragati Housing Microfinance employees in India.

What is the estimated take home salary of a Credit Manager at Swarna Pragati Housing Microfinance in India?

The estimated take-home salary of a Credit Manager at Swarna Pragati Housing Microfinance in India typically ranges from ₹28,416 to ₹29,804 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 4 years to 8 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 5 salaries received from various employees of Swarna Pragati Housing Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Swarna Pragati Housing Microfinance for Credit Manager in India?

Profectus Capital	₹8.0 Lakhs to ₹15.0 Lakhs per year
KredX	₹7.7 Lakhs to ₹12.0 Lakhs per year
Reliance Money	₹6.8 Lakhs to ₹10.0 Lakhs per year
Indostar Home Finance	₹3.5 Lakhs to ₹12.0 Lakhs per year
Auxilo Finserve	₹6.0 Lakhs to ₹8.4 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Swarna Pragati Housing Microfinance in India?

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

Karvy Financial Services	₹4.6 Lakhs to ₹7.8 Lakhs per year
Dmi Housing Finance	₹4.4 Lakhs to ₹8.0 Lakhs per year
Bss Microfinance	₹4.7 Lakhs to ₹7.2 Lakhs per year
ART Housing Finance (India)	₹4.3 Lakhs to ₹5.6 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 Swarna Pragati Housing Microfinance in India?

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

Experience	Average Salary Range
4 years	₹3.3 Lakhs to ₹6.5 Lakhs per year
5 years	₹3.3 Lakhs to ₹3.8 Lakhs per year
6 years	₹1.6 Lakhs to ₹4.0 Lakhs per year
7 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Swarna Pragati Housing Microfinance Credit Manager Salaries

Swarna Pragati Housing Microfinance Credit Manager salary in India ranges between ₹3.3 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Swarna Pragati Housing Microfinance latest salaries received from various employees of Swarna Pragati Housing Microfinance.

Swarna Pragati Housing Microfinance Credit Manager salaries in India

Companies similar to Swarna Pragati Housing Microfinance for Credit Manager

Latest annual salaries shared by Swarna Pragati Housing Microfinance Credit Manager

Experience wise Swarna Pragati Housing Microfinance Credit Manager salaries

Similar Designation salaries in Swarna Pragati Housing Microfinance

Salary related reviews for Swarna Pragati Housing Microfinance

Area Manager in Tiruchirappalli

HR Assistant in Nagpur

Credit Officer in Shirur

Internal Auditor in Tiruchirappalli

CEO in Chennai

Swarna Pragati Housing Microfinance Credit Manager Salary FAQs

Tell us how to improve this page.