Ugro Capital Chennai Credit Manager Salaries by 8 Employees (Updated 2025)

5 - 9 years exp.

₹5 Lakhs - ₹9 Lakhs

Salary of majority employees

8% less than the average Credit Manager Salary in NBFC Companies for 5 - 9 years of experience

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Last Updated: 27 Dec 2024

Companies similar to Ugro Capital for Credit Manager in Chennai

Ugro Capital Credit Manager Salary

5 - 9 years exp. (8 salaries)

₹5 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (180 salaries)	₹2 L/yr - ₹12 L/yr 10% less	7 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (168 salaries)	₹3.8 L/yr - ₹15 L/yr 23% more
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Axis Bank Credit Manager Salary 0 - 12 years exp. (47 salaries)	₹4 L/yr - ₹14 L/yr 24% more
Kotak Mahindra Bank Credit Manager Salary 0 - 9 years exp. (39 salaries)	₹4 L/yr - ₹13.2 L/yr 22% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (12 salaries)	₹5 L/yr - ₹11.5 L/yr 2% more	5 job openings
Shriram Finance Credit Manager Salary 1 - 10 years exp. (11 salaries)	₹2.2 L/yr - ₹10 L/yr 21% less	2 job openings
Kotak Mahindra Prime Credit Manager Salary 2 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹9.8 L/yr 14% less
Cholamandalam Investment & Finance Credit Manager Salary 4 - 12 years exp. (7 salaries)	₹3.8 L/yr - ₹10 L/yr 30% less
Sundaram Finance Credit Manager Salary 1 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹11.2 L/yr 13% more	1 job opening
PNB Housing Finance Credit Manager Salary 5 - 12 years exp. (5 salaries)	₹5.6 L/yr - ₹10.3 L/yr 16% more
Tata Capital Housing Finance Credit Manager Salary 6 - 8 years exp. (5 salaries)	₹5.6 L/yr - ₹9 L/yr 4% less
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Mahindra Finance Credit Manager Salary 5 - 13 years exp. (4 salaries)	₹5.4 L/yr - ₹12 L/yr 4% less
Muthoot Finance Credit Manager Salary 2 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹5.2 L/yr 40% less	4 job openings
Poonawalla Fincorp Credit Manager Salary 1 - 5 years exp. (4 salaries)	₹5 L/yr - ₹6.9 L/yr 15% less
L&T Finance Credit Manager Salary 2 - 5 years exp. (3 salaries)	₹4.8 L/yr - ₹9 L/yr 8% more

Credit Manager salary at Ugro Capital ranges between ₹5 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 8 latest salaries received from various employees of Ugro Capital.

Experience wise Ugro Capital Credit Manager salaries in Chennai

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹13.3 L/yr
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7 years (AmbitionBox Estimate)	₹5 L/yr - ₹13.7 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹9 L/yr
9 years (3 salaries)	₹6.3 L/yr - ₹9 L/yr

Similar Designation salaries in Ugro Capital

Area Credit Manager Salary

(8 salaries)

₹10.5 L/yr - ₹15 L/yr

Branch Manager Salary

(4 salaries)

₹5.5 L/yr - ₹8.77 L/yr

Top skills at Ugro Capital for Credit Manager

Lap Credit Underwriting mortgage NBFC Credit Management housing loan Credit Underwriting Business Loan Mortgage Loans Credit Appraisal Credit Risk Analysis Credit Analysis Home Loans Credit Processing Credit Risk Management

Salary related reviews for Ugro Capital

Senior Branch Manager in Panipat

Full Time

Finance & Accounting Department

5.0

• posted on 27 Nov 2024

5.0

for Salary and Benefits

Likes

The company is very social. Employee salary comes before the month end last date.

Salary - Excellent

+5 more

Dislikes

The Credit department in this company wields significant power and its members often have an inflated sense of self-importance. Sales personnel are often not given the respect they deserve, and when mistakes occur, they are held accountable. If an issue arises during an audit, the sales team is expected to respond, while the Credit department remains unaccountable. Ultimately, the sales team bears the brunt of the workload, while the Credit department reaps the benefits without much effort."

Operations Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing to like. People like month end dinner more than 10 times in a month.

Dislikes

...are humiliated in from of offrole staff and warned to be fired in joint meeting. Junior who works on Sunday and send late night emails are the best employees and his tips to Head generates bonus, by screwing seniors jobs.

Salary - Bad

+6 more

Assistant Manager- Plant And Machinery in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 05 Dec 2024

4.0

for Salary and Benefits

Likes

Growing company, good salary

Salary - Good

+2 more

Dislikes

Work ethics and if you're in plant and machinery sales division then good luck for your future my friend, the whole department's management is doomed big time. The administration of the department has many loopholes and they entertain no room for improvement or development.

Job security - Poor

+1 more

Branch Operation Executive in Ludhiana

Full Time

Branch Operations Executive Department

4.0

• posted on 21 Jul 2022

4.0

for Salary and Benefits

Likes

...rtive and the management is transparent. There is a huge cafeteria for chilling. Company policies are good, appraisals are fair and they give good salary hike.

Salary - Good

+6 more

Dislikes

Sr. Product Manager - Partnership & Alliance in Mumbai

Full Time

Other Department

3.0

• posted on 19 Sep 2024

3.0

for Salary and Benefits

Likes

Still figuring

Dislikes

...perience person is at lower grade with under experienced person at higher grade. No parity is compensation / grading

Skill development - Bad

+3 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Ugro Capital Credit Manager Salary FAQs

What is the salary of Credit Manager at Ugro Capital Chennai?

Credit Manager salary at Ugro Capital in Chennai ranges between ₹5.0 Lakhs to ₹9.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 8% less than the average Credit Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Ugro Capital Chennai.

How does the salary of a Credit Manager at Ugro Capital Chennai compare with the average salary range for this job?

The average salary of a Credit Manager at Ugro Capital is 8% less than the average salary of a Credit Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Ugro Capital?

Lap, Credit Underwriting, mortgage, NBFC and Credit Management are some of the popular skills required to work as a Credit Manager at Ugro Capital Chennai.

Which similar companies are paying more than Ugro Capital to a Credit Manager in Chennai?

Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹13.2 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹5.6 Lakhs to ₹10.3 Lakhs per year
Sundaram Finance Credit Manager Salary - ₹4.8 Lakhs to ₹11.2 Lakhs per year

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

L&T Finance Credit Manager Salary - ₹4.8 Lakhs to ₹9.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹5.0 Lakhs to ₹11.5 Lakhs per year
Mahindra Finance Credit Manager Salary - ₹5.4 Lakhs to ₹12.0 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹5.6 Lakhs to ₹9.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹2.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Ugro Capital ranges between ₹55,822 per month to ₹57,220 per month in Chennai. The take-home salary calculation is based on the average Ugro Capital Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹9.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Ugro Capital in Chennai?

According to AmbitionBox, 60% of the Ugro Capital Credit Managers in Chennai reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Ugro Capital Credit Manager Salaries in Chennai

Ugro Capital Credit Manager salary in Chennai ranges between ₹5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Ugro Capital latest salaries received from various employees of Ugro Capital.