TVS Credit Chennai Credit Manager Salaries by 6 Employees (Updated 2025)

4 - 8 years exp.

₹3.9 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% less than the average Credit Manager Salary in NBFC Companies for 4 - 8 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 7 - 8 years exp. (3 salaries)	₹3.9 L/yr - ₹8.5 L/yr
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BFSI, Investments & Trading Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.1 L/yr

Last Updated: 2 Jan 2025

Companies similar to TVS Credit for Credit Manager in Chennai

TVS Credit Credit Manager Salary

4 - 8 years exp. (6 salaries)

₹3.9 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Credit Manager Salary 0 - 11 years exp. (67 salaries)	₹2.5 L/yr - ₹9 L/yr 15% less	1 job opening
SMFG India Credit Credit Manager Salary 2 - 13 years exp. (18 salaries)	₹3.2 L/yr - ₹10.5 L/yr 16% more	1 job opening
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Shriram Finance Credit Manager Salary 1 - 10 years exp. (11 salaries)	₹2.2 L/yr - ₹8.2 L/yr 24% less	2 job openings
Kotak Mahindra Prime Credit Manager Salary 2 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹9.8 L/yr 19% more
Sundaram Finance Credit Manager Salary 1 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹10 L/yr 27% more
Muthoot Fincorp Credit Manager Salary 2 - 12 years exp. (5 salaries)	₹3.6 L/yr - ₹6 L/yr 19% less	1 job opening
Mahindra Finance Credit Manager Salary 3 - 13 years exp. (5 salaries)	₹5.4 L/yr - ₹12 L/yr 50% more
Tata Capital Housing Finance Credit Manager Salary 6 - 8 years exp. (5 salaries)	₹5.6 L/yr - ₹9 L/yr 44% more
PNB Housing Finance Credit Manager Salary 5 - 12 years exp. (4 salaries)	₹7.6 L/yr - ₹10.3 L/yr 63% more
L&T Finance Credit Manager Salary 2 - 10 years exp. (4 salaries)	₹4.8 L/yr - ₹9.8 L/yr 44% more
Muthoot Finance Credit Manager Salary 2 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹5.2 L/yr 19% less	1 job opening
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Poonawalla Fincorp Credit Manager Salary 1 - 5 years exp. (4 salaries)	₹5 L/yr - ₹7.6 L/yr 24% more

Credit Manager salary at TVS Credit ranges between ₹3.9 Lakhs to ₹8.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of TVS Credit.

Experience wise TVS Credit Credit Manager salaries in Chennai

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
8 years (3 salaries)	₹4.3 L/yr - ₹8.5 L/yr

Similar Designation salaries in TVS Credit

Deputy Manager Salary

(112 salaries)

₹4.85 L/yr - ₹17.5 L/yr

Chief Manager Salary

(46 salaries)

₹16.95 L/yr - ₹41 L/yr

Credit Officer Salary

(5 salaries)

₹2.05 L/yr - ₹4.1 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹5 L/yr - ₹5.7 L/yr

Top skills at TVS Credit for Credit Manager

Credit Management Credit Appraisal Credit Underwriting Credit Analysis Credit Policy SQL Development Tableau PLSQL Credit Cards SQL Server Cross Selling SQL Queries Dashboards Python Policy Formulation

Salary related reviews for TVS Credit

Deputy Manager in Chennai

Information Technology Department

4.0

• posted on 04 May 2021

5.0

for Salary and Benefits

Likes

TVS Credit Services will provide 100% Job Security But the work culture is a very old method in all the departments.

Salary - Excellent

+5 more

Dislikes

1. They have to improve the technologies IT. 2. There is no normalization so only we need to consider the salary at the joining period itself.

Sales Manager in Sambalpur

Sales & Business Development Department

5.0

• posted on 22 Nov 2019

5.0

for Salary and Benefits

Likes

I am workin at tvs credit for last 6 years i am satisfied with good working firm in india leading company at tvs credit. Working atmosphere is very good. Getting to build systems/make changes that make a major difference to field.Feels awesome getting appreciation from the business users when the benefits are achieved.The speed feels like a startup.

Salary - Excellent

+6 more

Dislikes

One thing is salary is very low that is main problem in this company.

Collections Executive in Deoghar

Full Time

Finance & Accounting Department

3.0

• posted on 18 Feb 2025

3.0

for Salary and Benefits

Likes

Salary is on time

Job security - Excellent

Dislikes

"I have observed instances where RCM ,ACM has exhibited behavior that can be perceived as Torture, which affects team morale and productivity." "Additionally, there have been repeated cases where reasonable weekend leave requests have been denied without clear justification, causing distress among employee.

Promotions - Bad

+2 more

Assistant Manager Quality in Chennai (working remotely)

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 09 Feb 2025

5.0

for Salary and Benefits

Likes

Only pay and job security is to be liked nothing else here to be liked especially when you are non tamil person.

Salary - Excellent

+1 more

Dislikes

Can’t share is one list. Just want to let you know that if you are working in TVS Credit. Your personal life is gone. You don’t have weekends, offs nothing. You always be side lined if you are non tamil speaking they always give preference to thier peoples only.

Skill development - Bad

+3 more

Area Collection Manager in Purnia

Full Time

Risk Management & Compliance Department

1.0

• posted on 04 Dec 2024

1.0

for Salary and Benefits

Likes

In this company, salary is given on time and promotion is also given on time.

Dislikes

concall starts at 7:00 in the morning? Who call be your senior at any time till 12:00 in the night.There are no holidays here. You will have to work every day, Sunday or Saturday event on national holidays these people get the work done by giving maximum incentives.The seniors here have no logic. They will only abuse you. They will make you work under pressure.There is no work culture here. There is no corporate culture. Everyone here works under pressure till late night.The first company I saw was where even the HR manager worked till 1:00 in the night.

Salary - Bad

+6 more

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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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TVS Credit Credit Manager Salary FAQs

What is the salary of Credit Manager at TVS Credit in Chennai?

The average salary of a Credit Manager at TVS Credit in Chennai typically ranges from ₹3.9 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Credit Manager in Chennai at TVS Credit earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Credit Manager Salaries at TVS Credit 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 6 TVS Credit employees in India.

What is the estimated take home salary of a Credit Manager at TVS Credit in Chennai?

The estimated take-home salary of a Credit Manager at TVS Credit in Chennai typically ranges from ₹43,205 to ₹44,323 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹8.5 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 6 salaries received from various employees of TVS Credit. 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 TVS Credit in Chennai?

To be a Credit Manager at TVS Credit in Chennai, the key skills required include:

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

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

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

PNB Housing Finance	₹7.6 Lakhs to ₹10.3 Lakhs per year
Mahindra Finance	₹5.4 Lakhs to ₹12.0 Lakhs per year
Tata Capital Housing Finance	₹5.6 Lakhs to ₹9.0 Lakhs per year
L&T Finance	₹4.8 Lakhs to ₹9.8 Lakhs per year
Sundaram Finance	₹4.8 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to TVS Credit in Chennai?

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

Poonawalla Fincorp	₹5.0 Lakhs to ₹7.6 Lakhs per year
Kotak Mahindra Prime	₹4.5 Lakhs to ₹9.8 Lakhs per year
SMFG India Credit	₹3.2 Lakhs to ₹10.5 Lakhs per year
HDB Financial Services	₹2.5 Lakhs to ₹9.0 Lakhs per year
Muthoot Fincorp	₹3.6 Lakhs to ₹6.0 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 TVS Credit in Chennai?

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

Experience	Average Salary Range
4 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
5 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
6 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
7 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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TVS Credit Credit Manager Salaries in Chennai

TVS Credit Credit Manager salary in Chennai ranges between ₹3.9 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 TVS Credit latest salaries received from various employees of TVS Credit.