TVS Credit Manager M1 Salaries by 4 Employees

0 - 11 years exp.

₹7.6 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Manager M1 Salary in NBFC Companies for 0 - 11 years of experience

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Salaries in different departments

Legal & Regulatory Manager M1 Salary 0 - 5 years exp. (3 salaries)	₹7.2 L/yr - ₹8.8 L/yr
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Product Management Manager M1 Salary 11 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.4 L/yr

Last Updated: 22 Nov 2024

Companies similar to TVS Credit for Manager M1

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Manager M1 Salary 2 - 16 years exp. (20 salaries)	₹6.5 L/yr - ₹15 L/yr 36% more
Kotak Mahindra Prime Manager M1 Salary 3 - 11 years exp. (7 salaries)	₹3.5 L/yr - ₹5 L/yr 49% less
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Muthoot Fincorp Manager M1 Salary 9 - 12 years exp. (6 salaries)	₹1.5 L/yr - ₹7 L/yr 41% less
Muthoot Finance Manager M1 Salary 5 - 11 years exp. (6 salaries)	₹3.9 L/yr - ₹8.5 L/yr 27% less
Bajaj Finance Manager M1 Salary 1 - 6 years exp. (6 salaries)	₹2.8 L/yr - ₹5.6 L/yr 43% less
Tata Capital Housing Finance Manager M1 Salary 0 - 10 years exp. (5 salaries)	₹4.6 L/yr - ₹6.5 L/yr 33% less
Bharat Financial Inclusion Manager M1 Salary 5 - 15 years exp. (4 salaries)	₹4 L/yr - ₹30 L/yr 65% more
PNB Housing Finance Manager M1 Salary 4 - 9 years exp. (4 salaries)	₹7.4 L/yr - ₹10.7 L/yr 24% more
Mahindra Finance Manager M1 Salary 13 - 17 years exp. (4 salaries)	₹10 L/yr - ₹14.8 L/yr 67% more
HDB Financial Services Manager M1 Salary 10 - 22 years exp. (4 salaries)	₹5 L/yr - ₹13.5 L/yr 3% more
Poonawalla Fincorp Manager M1 Salary 0 - 12 years exp. (4 salaries)	₹8.5 L/yr - ₹15.8 L/yr 66% more
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Muthoot Microfin Manager M1 Salary 7 - 15 years exp. (3 salaries)	₹4.1 L/yr - ₹5.5 L/yr 38% less
Aavas Financiers Manager M1 Salary 1 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹9 L/yr 34% less
Sammaan Capital Limited Manager M1 Salary 6 - 14 years exp. (3 salaries)	₹6.2 L/yr - ₹11.5 L/yr At par

Manager M1 salary at TVS Credit ranges between ₹7.6 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 4 latest salaries received from various employees of TVS Credit.

Experience wise TVS Credit Manager M1 salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
4 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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5 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
11 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr

Similar Designation salaries in TVS Credit

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Area Manager Salary

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₹7 L/yr - ₹21 L/yr

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₹5.2 L/yr - ₹6.7 L/yr

Team Lead Salary

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₹1.15 L/yr - ₹8.39 L/yr

Branch Manager Salary

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₹11.38 L/yr - ₹37 L/yr

Project Manager Salary

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₹12 L/yr - ₹24 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

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.

Team Lead in Khammam

Other Department

5.0

• posted on 29 Feb 2020

5.0

for Salary and Benefits

Likes

Supporting manager to handle Collection but at month end is very difficult for reaching target I don't like loading amount for who not pay their emis otherwise it's good company job security is very low as compared to other companies overall good skills I had got

Salary - Excellent

+3 more

Dislikes

Compensation is very good but work pressure is very high and month end is very difficult for reaching targets

Job security - Bad

+1 more

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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Shifting from Bangalore to Hyderabad

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TVS Credit Manager M1 Salary FAQs

What is the salary of Manager M1 at TVS Credit ?

The average salary of a Manager M1 at TVS Credit in India typically ranges from ₹7.6 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Manager M1 at TVS Credit earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Manager M1 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 4 TVS Credit employees in India.

What is the estimated take home salary of a Manager M1 at TVS Credit in India?

The estimated take-home salary of a Manager M1 at TVS Credit in India typically ranges from ₹58,362 to ₹59,832 per month. This is based on the average salary range of ₹7.6 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 11 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 TVS Credit. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TVS Credit for Manager M1 in India?

Mahindra Finance	₹10.0 Lakhs to ₹14.8 Lakhs per year
Poonawalla Fincorp	₹8.5 Lakhs to ₹15.8 Lakhs per year
Bharat Financial Inclusion	₹4.0 Lakhs to ₹30.0 Lakhs per year
SMFG India Credit	₹6.5 Lakhs to ₹15.0 Lakhs per year
PNB Housing Finance	₹7.4 Lakhs to ₹10.7 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 Manager M1 in companies similar to TVS Credit in India?

The salary of a Manager M1 at companies similar to TVS Credit in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services	₹5.0 Lakhs to ₹13.5 Lakhs per year
Sammaan Capital Limited	₹6.2 Lakhs to ₹11.5 Lakhs per year
Muthoot Finance	₹3.9 Lakhs to ₹8.5 Lakhs per year
Tata Capital Housing Finance	₹4.6 Lakhs to ₹6.5 Lakhs per year
Aavas Financiers	₹3.1 Lakhs to ₹9.0 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 Manager M1 at TVS Credit in India?

The salary growth for a Manager M1 at TVS Credit depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at TVS Credit:

Experience	Average Salary Range
Fresher	₹7.2 Lakhs to ₹9.2 Lakhs per year
4 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
5 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
11 years	₹6.8 Lakhs to ₹8.7 Lakhs per year

and so on.

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TVS Credit Manager M1 Salaries

TVS Credit Manager M1 salary in India ranges between ₹7.6 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 TVS Credit latest salaries received from various employees of TVS Credit.