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

5 - 10 years exp.

₹6.7 Lakhs - ₹7.8 Lakhs

Salary of majority employees

12% 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 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 1% more
InCred Finance Credit Manager Salary 2 - 9 years exp. (23 salaries)	₹4.1 L/yr - ₹10 L/yr 3% less
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Eduvanz Credit Manager Salary 4 - 7 years exp. (8 salaries)	₹4 L/yr - ₹5.9 L/yr 25% less
CreditMate Credit Manager Salary 4 - 5 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 40% less
Auxilo Finserve Credit Manager Salary 0 - 9 years exp. (11 salaries)	₹6 L/yr - ₹8 L/yr 3% less
Shubham Housing Development Finance Credit Manager Salary 2 - 9 years exp. (15 salaries)	₹2.4 L/yr - ₹5.5 L/yr 42% less
SBFC Finance Credit Manager Salary 0 - 4 years exp. (7 salaries)	₹3 L/yr - ₹5 L/yr 39% less
Anand Rathi Global Finance Credit Manager Salary 2 - 5 years exp. (6 salaries)	₹7.5 L/yr - ₹10.5 L/yr 20% more
Bajaj Housing Finance Credit Manager Salary 1 - 4 years exp. (4 salaries)	₹3.1 L/yr - ₹10 L/yr 29% 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 - ₹13.1 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹13 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.3 L/yr

View all

Similar Designation salaries in Varthana

Relationship Manager Salary

(5 salaries)

₹2.8 L/yr - ₹3.86 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

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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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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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 12% 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 12% 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?

InCred Finance Credit Manager Salary - ₹4.1 Lakhs to ₹10.0 Lakhs per year
Auxilo Finserve Credit Manager Salary - ₹6.0 Lakhs to ₹8.0 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 ₹10.0 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 ₹53,643 per month to ₹54,980 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.