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VFS Capital Credit Manager salaries in India

Annual salary range
4 - 10 years exp.
₹3.3 Lakhs - ₹3.7 Lakhs
Salary of majority employees
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56% less than the average Credit Manager Salary in NBFC Companies for 4 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Credit Manager Salary
8 - 10 years exp. (3 salaries)
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₹3.4 L/yr - ₹3.7 L/yr

Customer Success, Service & Operations
Credit Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.6 L/yr

Finance & Accounting
Credit Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.5 L/yr

Last Updated: 24 Dec 2024

Companies similar to VFS Capital for Credit Manager

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹13.9 L/yr

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Vistaar Finance Credit Manager Salary

0 - 9 years exp. (157 salaries)

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₹3 L/yr - ₹8 L/yr

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₹2.1 L/yr - ₹5.5 L/yr

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Ugro Capital Credit Manager Salary

4 - 11 years exp. (154 salaries)

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₹3.2 L/yr - ₹10.7 L/yr

arrow icon 86% more
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Bajaj Housing Finance Credit Manager Salary

1 - 6 years exp. (124 salaries)

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₹2 L/yr - ₹7.8 L/yr

arrow icon 40% more
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Kotak Mahindra Prime Credit Manager Salary

1 - 9 years exp. (121 salaries)

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₹3.9 L/yr - ₹12 L/yr

arrow icon 137% more
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PNB Housing Finance Credit Manager Salary

0 - 13 years exp. (95 salaries)

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₹4.9 L/yr - ₹12.1 L/yr

arrow icon 157% more
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₹2.9 L/yr - ₹6.5 L/yr

arrow icon 31% more
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IIFL Home Finance Credit Manager Salary

0 - 8 years exp. (86 salaries)

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₹2.6 L/yr - ₹7 L/yr

arrow icon 25% more
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Sammaan Capital Limited Credit Manager Salary

1 - 8 years exp. (81 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 50% more
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SBFC Finance Credit Manager Salary

0 - 8 years exp. (80 salaries)

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₹2.7 L/yr - ₹7.2 L/yr

arrow icon 35% more
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InCred Finance Credit Manager Salary

2 - 11 years exp. (76 salaries)

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₹4.1 L/yr - ₹11.4 L/yr

arrow icon 126% more
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Axis Finance Credit Manager Salary

4 - 11 years exp. (58 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 204% more
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Hinduja Housing Finance Credit Manager Salary

0 - 8 years exp. (54 salaries)

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₹3 L/yr - ₹7.6 L/yr

arrow icon 43% more
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Electronica Finance Credit Manager Salary

3 - 10 years exp. (49 salaries)

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₹2.5 L/yr - ₹10.1 L/yr

arrow icon 56% more
2 job openings
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MAS Financial Services Credit Manager Salary

2 - 8 years exp. (42 salaries)

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₹2.3 L/yr - ₹9.7 L/yr

arrow icon 83% more
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Hinduja Leyland Finance Credit Manager Salary

3 - 19 years exp. (42 salaries)

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₹3.3 L/yr - ₹13.3 L/yr

arrow icon 139% more
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Dhani Loans and Services Credit Manager Salary

1 - 16 years exp. (39 salaries)

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₹2.9 L/yr - ₹6 L/yr

arrow icon 38% more
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Ambit Finvest Credit Manager Salary

3 - 11 years exp. (38 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 109% more
1 job opening
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₹3 L/yr - ₹6.5 L/yr

arrow icon 35% more
View all
Credit Manager salary at VFS Capital ranges between ₹3.3 Lakhs to ₹3.7 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 9 latest salaries received from various employees of VFS Capital.

Latest annual salaries shared by VFS Capital Credit Manager

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Experience wise VFS Capital Credit Manager salaries

Last Updated: 24 Dec 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in VFS Capital

Credit Officer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹3.1 L/yr - ₹3.3 L/yr
Branch Manager Salary
(27 salaries)
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₹2.4 L/yr - ₹4 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Branch Credit Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr

Salary related reviews for VFS Capital

4.3

Rated by 3 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Jan 2025

4.0
 for  Salary and Benefits

Likes

Timing Salary Less work pressure

  • Salary - Good
  • +1 more

Dislikes

Company culture is 3rd grade, managers are non cooperative. Colleagues are very bad, they always criticize you. School type culture. Even you work hard they always keep telling bad about you. Toxic levels are very high, groupism is there.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 25 Oct 2023

2.0
 for  Salary and Benefits

Likes

Nothing like that that I have seen

Dislikes

Monthly salary and incentive allowance are never available on time. There are fund problems most of the time in a year and the service of the company is so bad that even the old customers are switching to other companies

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Other Department

3.0
  •  posted on 26 Mar 2024

3.0
 for  Salary and Benefits

Likes

MD & CEO Mr Kuldip Maity is a very enthusiastic and excellent human being. Initially, the work culture is excellent and career opportunities are also very good for mid-level employees. Few of the HODs and senior management are very supportive and the management is always with the employees when they have any personal issues. The organization also rewards the employees for their good work and always creates a good career path.

read more
  • Job security - Excellent
  • +1 more

Dislikes

There is a demonstrable lack of familiarity with the core aspects of the department's sector for some newly joined HODs. They also have shown little to no interest in acquiring the necessary knowledge and skills to effectively lead the departments. Engaging in gossip creates a negative and unprofessional work environment. They are creating a hostile work environment through negativity and putting down good employees which leads to decreased morale and ultimately employee turnover.

read more
  • Promotions - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 26 Mar 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

1.Environment 2.So much Politics 3.No job security 4. Mentally hares by Mr. Subhasis Ghosh. 5.As per my opinion nobody can join in this company and no future in this company. Your life is terrible in this company.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Other Department

4.0
  •  posted on 08 Jul 2024

2.0
 for  Salary and Benefits

Likes

Culturally they believe in transfering their company's DNA to the newer generation. This said the company's promotors have best ensured that employees get a homely work environment. Company is also engaged into lots of social development activities which is very rare in other organisations of similar businesses, this reflects their commitment to society.

read more
  • Job security - Good
  • +3 more

Dislikes

Every decissioning is enthroned on the COO who takes lot of time to give his decision whether positive or declined. There are instances where such decision go wrong due to the delay. COO being from none MFI background does hardly understand the essence of certain decisions taken so at times declines. Promoter needs increased involvement in daily working of the company so that COO's biased decision can at times be reaccessed for validity.

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

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VFS Capital Credit Manager Salary FAQs

What is the salary of Credit Manager at VFS Capital ?
The average salary of a Credit Manager at VFS Capital in India typically ranges from ₹3.3 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Credit Manager at VFS Capital earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Credit Manager Salaries at VFS Capital 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 9 VFS Capital employees in India.
What is the estimated take home salary of a Credit Manager at VFS Capital in India?
The estimated take-home salary of a Credit Manager at VFS Capital in India typically ranges from ₹25,165 to ₹26,601 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹3.7 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 9 salaries received from various employees of VFS Capital. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than VFS Capital for Credit Manager in India?
LIC Housing Finance ₹8.0 Lakhs to ₹30.0 Lakhs per year
BA Continuum ₹9.0 Lakhs to ₹17.0 Lakhs per year
Axis Finance ₹4.5 Lakhs to ₹15.0 Lakhs per year
PNB Housing Finance ₹4.9 Lakhs to ₹12.1 Lakhs per year
Tata Capital Housing Finance ₹4.0 Lakhs to ₹13.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by VFS Capital, depending on the role and experience level.
What is the salary of a Credit Manager in companies similar to VFS Capital in India?
The salary of a Credit Manager at companies similar to VFS Capital in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hinduja Leyland Finance ₹3.3 Lakhs to ₹13.3 Lakhs per year
Kotak Mahindra Prime ₹3.9 Lakhs to ₹12.0 Lakhs per year
LendingKart ₹3.2 Lakhs to ₹13.5 Lakhs per year
Hero FinCorp ₹5.0 Lakhs to ₹11.6 Lakhs per year
InCred Finance ₹4.1 Lakhs to ₹11.4 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 Credit Manager at VFS Capital in India?
The salary growth for a Credit Manager at VFS Capital depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at VFS Capital:

Experience Average Salary Range
4 years ₹3.3 Lakhs to ₹6.1 Lakhs per year
5 years ₹3.3 Lakhs to ₹6.2 Lakhs per year
6 years ₹3.3 Lakhs to ₹6.2 Lakhs per year
7 years ₹1.4 Lakhs to ₹3.6 Lakhs per year
and so on.

Tell us how to improve this page.

VFS Capital Credit Manager salary in India ranges between ₹3.3 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 VFS Capital latest salaries received from various employees of VFS Capital.