Varthana Cluster Credit Manager Salaries by 40+ Employees (Updated 2025)

8 - 14 years exp.

₹6 Lakhs - ₹13.5 Lakhs

Salary of majority employees

Fixed (80%)

₹7.4 Lakhs

Variable (20%)

₹1.9 Lakh

8% less than the average Cluster Credit Manager Salary in NBFC Companies for 8 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 8 - 14 years exp. (28 salaries)	₹6 L/yr - ₹13.5 L/yr
Finance & Accounting Cluster Credit Manager Salary 8 - 12 years exp. (7 salaries)	₹8 L/yr - ₹11.2 L/yr
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Risk Management & Compliance Cluster Credit Manager Salary 11 - 14 years exp. (4 salaries)	₹7.4 L/yr - ₹11 L/yr

Last Updated: 14 Feb 2025

Companies similar to Varthana for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Vistaar Finance Cluster Credit Manager Salary 6 - 15 years exp. (39 salaries)	₹7 L/yr - ₹12.5 L/yr 12% more
Finova Capital Cluster Credit Manager Salary 2 - 7 years exp. (23 salaries)	₹4.2 L/yr - ₹8 L/yr 39% less
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Bajaj Housing Finance Cluster Credit Manager Salary 8 - 13 years exp. (12 salaries)	₹10.7 L/yr - ₹19.6 L/yr 51% more
SBFC Finance Cluster Credit Manager Salary 5 - 11 years exp. (11 salaries)	₹6.5 L/yr - ₹12 L/yr 12% less
Hinduja Leyland Finance Cluster Credit Manager Salary 1 - 15 years exp. (6 salaries)	₹4 L/yr - ₹8.5 L/yr 33% less
Hero FinCorp Cluster Credit Manager Salary 0 - 14 years exp. (4 salaries)	₹5 L/yr - ₹20.3 L/yr 46% more
NeoGrowth Credit Cluster Credit Manager Salary 8 - 16 years exp. (4 salaries)	₹13.5 L/yr - ₹16.7 L/yr 62% more

Cluster Credit Manager salary at Varthana ranges between ₹6 Lakhs to ₹13.5 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 42 latest salaries received from various employees of Varthana.

Experience wise Varthana Cluster Credit Manager salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
8 years (4 salaries)	₹6 L/yr - ₹9.9 L/yr
9 years (7 salaries)	₹6 L/yr - ₹13.5 L/yr
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10 years (9 salaries)	₹7 L/yr - ₹12.5 L/yr
11 years (6 salaries)	₹9 L/yr - ₹11.2 L/yr
12 years (8 salaries)	₹7.8 L/yr - ₹13.5 L/yr
13 years (4 salaries)	₹8 L/yr - ₹10.5 L/yr
14 years (4 salaries)	₹8 L/yr - ₹11 L/yr

View all

Similar Designation salaries in Varthana

Area Credit Manager Salary

(AmbitionBox Estimate)

₹12 L/yr - ₹15.3 L/yr

Branch Credit Manager Salary

(9 salaries)

₹5.4 L/yr - ₹6.5 L/yr

Assistant Credit Manager Salary

(24 salaries)

₹3.7 L/yr - ₹6.2 L/yr

Regional Credit Manager Salary

(5 salaries)

₹13 L/yr - ₹19.32 L/yr

Credit Manager Salary

(30 salaries)

₹5 L/yr - ₹10 L/yr

Senior Credit Officer Salary

(6 salaries)

₹5 L/yr - ₹5.54 L/yr

Relationship Manager Salary

(240 salaries)

₹2.15 L/yr - ₹5 L/yr

Credit Officer Salary

(15 salaries)

₹2.87 L/yr - ₹4.7 L/yr

Branch Manager Salary

(17 salaries)

₹6.66 L/yr - ₹10 L/yr

Sales Manager Salary

(4 salaries)

₹3.4 L/yr - ₹4.35 L/yr

Top skills at Varthana for Cluster Credit Manager

Portfolio Management Credit Analysis Credit Risk Credit Credit Underwriting Operational Risk Market Risk Retail Banking Credit Policy Credit Assessment Finance Credit Appraisal Credit Management Credit Rating Recruitment

Salary related reviews for Varthana

4.8

Rated by 18 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

Assistant Credit Manager in Agra

Full Time

Risk Management & Compliance Department

5.0

• posted on 13 Oct 2023

5.0

for Salary and Benefits

Likes

We have a good time to enjoy with family not only weekend, We can enjoy everyday if working in Varthana. 5 days working in this company and this is too wealthy for employee who manage his work life balance.

Salary - Excellent

+6 more

Dislikes

There are no any circumstances to dislike. Everything is good but sometimes have to convey for the bonus and appraisal need to going on a right way.

Relationship Manager in Nagpur

Full Time

Sales & Business Development Department

5.0

• posted on 15 Oct 2023

5.0

for Salary and Benefits

Likes

I enjoy the challenge of solving complex problems as well as the sense of accomplishment that comes with finding a solution. I enjoy my workplace's collaborative environment and the opportunity to work with talented and passionate people.

Salary - Excellent

+6 more

Dislikes

Not enough professional development. Mismatch in work style and environment. Seeking fair market compensation. Inspired by other company/leadership style.

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

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Varthana Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Varthana?

Cluster Credit Manager salary at Varthana in India ranges between ₹6.0 Lakhs to ₹13.5 Lakhs for experience between 8 years to 14 years. According to our estimates it is 8% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 42 latest salaries received from various employees of Varthana India.

How does the salary of a Cluster Credit Manager at Varthana India compare with the average salary range for this job?

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

What are the top skills required to work as a Cluster Credit Manager at Varthana?

Portfolio Management, Credit Analysis, Credit Risk, Credit and Credit Underwriting are some of the popular skills required to work as a Cluster Credit Manager at Varthana India.

Which similar companies are paying more than Varthana to a Cluster Credit Manager in India?

NeoGrowth Credit Cluster Credit Manager Salary - ₹13.5 Lakhs to ₹16.7 Lakhs per year
Bajaj Housing Finance Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹19.6 Lakhs per year
Hero FinCorp Cluster Credit Manager Salary - ₹5.0 Lakhs to ₹20.3 Lakhs per year
Vistaar Finance Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹12.5 Lakhs per year

What is the salary of a Cluster Credit Manager in companies similar to Varthana in India?

SBFC Finance Cluster Credit Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
Hinduja Leyland Finance Cluster Credit Manager Salary - ₹4.0 Lakhs to ₹8.5 Lakhs per year
Finova Capital Cluster Credit Manager Salary - ₹4.2 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Cluster Credit Manager at Varthana in India?

The estimated take-home salary of a Cluster Credit Manager at Varthana ranges between ₹67,443 per month to ₹69,170 per month in India. The take-home salary calculation is based on the average Varthana Cluster Credit Manager salary in India which ranges between ₹6.0 Lakhs to ₹13.5 Lakhs per year for employees with experience between 8 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Manager at Varthana?

According to AmbitionBox, 90% of the Varthana Cluster Credit Managers reported a notice period of 3 Months, 10% reported a notice period of 1 Month.This is based on 20 responses on AmbitionBox in last 2 years.

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Varthana Cluster Credit Manager Salaries

Varthana Cluster Credit Manager salary in India ranges between ₹6 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 Varthana latest salaries received from various employees of Varthana.