Varthana Nagpur Assistant Credit Manager Salaries by 5 Employees

4 - 10 years exp.

₹5 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

29% more than the average Assistant Credit Manager Salary in NBFC Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Credit Manager Salary 5 - 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.2 L/yr
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Finance & Accounting Assistant Credit Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.6 L/yr

Last Updated: 17 Mar 2023

Companies similar to Varthana for Assistant Credit Manager in Nagpur

Varthana Assistant Credit Manager Salary

4 - 10 years exp. (5 salaries)

₹5 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Assistant Credit Manager Salary 3 - 8 years exp. (8 salaries)	₹2.7 L/yr - ₹6 L/yr 15% less
Shriram Finance Assistant Credit Manager Salary 7 - 12 years exp. (6 salaries)	₹2.4 L/yr - ₹3.7 L/yr 32% less
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Annapurna Finance Assistant Credit Manager Salary 2 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 49% less
Swarna Pragati Housing Microfinance Assistant Credit Manager Salary 2 - 6 years exp. (3 salaries)	₹2.1 L/yr - ₹2.8 L/yr 55% less
Equitas Small Finance Bank Assistant Credit Manager Salary 5 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹5 L/yr 22% less

Assistant Credit Manager salary at Varthana ranges between ₹5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Varthana.

Experience wise Varthana Assistant Credit Manager salaries in Nagpur

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr

View all

Similar Designation salaries in Varthana

Relationship Manager Salary

(5 salaries)

₹3.25 L/yr - ₹4.1 L/yr

Cluster Credit Manager Salary

(3 salaries)

₹9.51 L/yr - ₹12.51 L/yr

Top skills at Varthana for Assistant Credit Manager

Credit Management Credit Analysis Credit Appraisal Credit Analysis Credit Underwriting Credit Credit Risk Management Risk Assessment Credit Assessment Credit Appraisal Finance mortgage Documentation Regulatory Compliance Credit Risk

Salary related reviews for Varthana

3.0

Rated by 2 employees for salary & benefits

Cluster Credit Manager in Lucknow

Full Time

Risk Management & Compliance Department

2.0

• posted on 14 Jul 2023

5.0

for Salary and Benefits

Likes

Salary got on time, Training on regular basis.

Salary - Excellent

+1 more

Dislikes

No policy and process. No timing, Employee should work alone and handle all kind of work. No work life balance. Working on weekends even an holidays also.

Work-life balance - Poor

Relationship Manager in New Delhi

Full Time

Sales Department

4.0

• posted on 01 Dec 2022

4.0

for Salary and Benefits

Likes

Flexible working hour, salary and reimbursement release on time

Salary - Good

+1 more

Dislikes

Politics between staff and senior manager new joiner can't stable on account of them , senior staff behaviour also not good to new joiner

Skill development - Poor

+1 more

Relationship Manager in Vijayawada

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 09 Apr 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisal are fair and they give good salary hike and promotions bonus every year.

Salary - Excellent

+6 more

Dislikes

Relationship Manager in Jalndhar

Finance Department

5.0

• posted on 01 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture, Teammates are supportive and the management is transparent. Company polices are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Nothing for that column

Relationship Manager in Thane Mumbai

Full Time

Finance Department

5.0

• posted on 28 Mar 2021

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Excellent

+4 more

Dislikes

There is a lot of politics and the management doesn’t 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 joinees

see more salary related reviews

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What people are saying about Varthana

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Varthana Assistant Credit Manager Salary FAQs

What is the salary of Assistant Credit Manager at Varthana in Nagpur?

The average salary of a Assistant Credit Manager at Varthana in Nagpur typically ranges from ₹5.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Assistant Credit Manager in Nagpur at Varthana earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Assistant Credit Manager Salaries at Varthana 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 Varthana employees in India.

What is the estimated take home salary of a Assistant Credit Manager at Varthana in Nagpur?

The estimated take-home salary of a Assistant Credit Manager at Varthana in Nagpur typically ranges from ₹40,848 to ₹42,000 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 4 years to 10 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 Varthana. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Credit Manager at Varthana in Nagpur?

To be a Assistant Credit Manager at Varthana in Nagpur, the key skills required include:

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

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

What is the salary of a Assistant Credit Manager in companies similar to Varthana in Nagpur?

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

Mahindra Rural Housing Finance	₹2.7 Lakhs to ₹6.0 Lakhs per year
Equitas Small Finance Bank	₹2.5 Lakhs to ₹5.0 Lakhs per year
Shriram Finance	₹2.4 Lakhs to ₹3.7 Lakhs per year
Annapurna Finance	₹2.0 Lakhs to ₹3.0 Lakhs per year
Swarna Pragati Housing Microfinance	₹2.1 Lakhs to ₹2.8 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 Assistant Credit Manager at Varthana in Nagpur?

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

Experience	Average Salary Range
4 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
5 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
6 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
7 years	₹4.9 Lakhs to ₹6.2 Lakhs per year

and so on.

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Varthana Assistant Credit Manager Salaries in Nagpur

Varthana Assistant Credit Manager salary in Nagpur ranges between ₹5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Varthana latest salaries received from various employees of Varthana.