Varthana Mumbai Credit Manager Salaries by 4 Employees (Updated 2025)

5 - 10 years exp.

₹6.7 Lakhs - ₹7.8 Lakhs

Salary of majority employees

15% less than the average Credit Manager Salary in NBFC Companies for 5 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Credit Manager Salary 7 - 10 years exp. (3 salaries)	₹7.1 L/yr - ₹7.8 L/yr
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BFSI, Investments & Trading Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹7.1 L/yr

Last Updated: 1 Jan 2025

Companies similar to Varthana for Credit Manager in Mumbai

Varthana Credit Manager Salary

5 - 10 years exp. (4 salaries)

₹6.7 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Avanse Financial Services Credit Manager Salary 2 - 9 years exp. (9 salaries)	₹4.5 L/yr - ₹9 L/yr 6% more
InCred Finance Credit Manager Salary 2 - 9 years exp. (23 salaries)	₹4.1 L/yr - ₹10 L/yr 1% less
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Eduvanz Credit Manager Salary 4 - 7 years exp. (8 salaries)	₹4 L/yr - ₹5.9 L/yr 23% less
CreditMate Credit Manager Salary 4 - 5 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 38% less
Auxilo Finserve Credit Manager Salary 0 - 9 years exp. (11 salaries)	₹6 L/yr - ₹8 L/yr 1% less
Shubham Housing Development Finance Credit Manager Salary 2 - 9 years exp. (15 salaries)	₹2.4 L/yr - ₹5.5 L/yr 41% less
SBFC Finance Credit Manager Salary 0 - 4 years exp. (7 salaries)	₹3 L/yr - ₹5 L/yr 37% less
Anand Rathi Global Finance Credit Manager Salary 2 - 5 years exp. (6 salaries)	₹7.5 L/yr - ₹10.5 L/yr 23% more	1 job opening
Bajaj Housing Finance Credit Manager Salary 2 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹5.3 L/yr 30% less

Credit Manager salary at Varthana ranges between ₹6.7 Lakhs to ₹7.8 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Varthana.

Experience wise Varthana Credit Manager salaries in Mumbai

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹12.7 L/yr
6 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
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7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.3 L/yr

View all

Similar Designation salaries in Varthana

Relationship Manager Salary

(6 salaries)

₹2.8 L/yr - ₹4.07 L/yr

Top skills at Varthana for Credit Manager

Credit Management Underwriting Portfolio Management Credit Analysis Stakeholder Management Retail Banking Credit Appraisal Due Diligence Credit Analysis Business Development Credit Team Handling Relationship Management Team Development Ratio Analysis

Salary related reviews for Varthana

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.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Credit Manager Salary FAQs

What is the salary of Credit Manager at Varthana Mumbai?

Credit Manager salary at Varthana in Mumbai ranges between ₹6.7 Lakhs to ₹7.8 Lakhs for experience between 5 years to 10 years. According to our estimates it is 15% less than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Varthana Mumbai.

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

The average salary of a Credit Manager at Varthana is 15% less than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

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

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

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

Anand Rathi Global Finance Credit Manager Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year
Avanse Financial Services Credit Manager Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year

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

Auxilo Finserve Credit Manager Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
InCred Finance Credit Manager Salary - ₹4.1 Lakhs to ₹10.0 Lakhs per year
Eduvanz Credit Manager Salary - ₹4.0 Lakhs to ₹5.9 Lakhs per year
Bajaj Housing Finance Credit Manager Salary - ₹3.1 Lakhs to ₹5.3 Lakhs per year
SBFC Finance Credit Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Varthana ranges between ₹52,381 per month to ₹53,682 per month in Mumbai. The take-home salary calculation is based on the average Varthana Credit Manager salary in India which ranges between ₹6.7 Lakhs to ₹7.8 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Varthana in Mumbai?

According to AmbitionBox, 67% of the Varthana Credit Managers in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Varthana Credit Manager Salaries in Mumbai

Varthana Credit Manager salary in Mumbai ranges between ₹6.7 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Varthana latest salaries received from various employees of Varthana.