VFS Capital Credit Manager Salaries by 9 Employees (Updated 2025)

4 - 10 years exp.

₹3.3 Lakhs - ₹3.7 Lakhs

Salary of majority employees

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)	₹3.4 L/yr - ₹3.7 L/yr
Customer Success, Service & Operations Credit Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.6 L/yr
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Finance & Accounting Credit Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹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
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (384 salaries)	₹2.5 L/yr - ₹8.5 L/yr 70% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14 L/yr 145% more	1 job opening
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.1k salaries)	₹4.2 L/yr - ₹15 L/yr 191% more	1 job opening
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 161% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (821 salaries)	₹4 L/yr - ₹14.5 L/yr 152% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (438 salaries)	₹4.5 L/yr - ₹13 L/yr 140% more	8 job openings
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (161 salaries)	₹4 L/yr - ₹10.8 L/yr 115% more
Reliance Capital Credit Manager Salary 0 - 13 years exp. (7 salaries)	₹6 L/yr - ₹8.4 L/yr 113% more
Edelweiss Credit Manager Salary 0 - 8 years exp. (149 salaries)	₹2.7 L/yr - ₹11.5 L/yr 90% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (76 salaries)	₹3.3 L/yr - ₹8.4 L/yr 53% more
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (192 salaries)	₹3.3 L/yr - ₹13.5 L/yr 138% more
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Vistaar Finance Credit Manager Salary 0 - 12 years exp. (180 salaries)	₹3.5 L/yr - ₹8 L/yr 60% more
Shubham Housing Development Finance Credit Manager Salary 2 - 12 years exp. (157 salaries)	₹2.4 L/yr - ₹6.3 L/yr 32% more
Bajaj Housing Finance Credit Manager Salary 0 - 6 years exp. (133 salaries)	₹2 L/yr - ₹8.3 L/yr 29% more
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (126 salaries)	₹3.9 L/yr - ₹12 L/yr 131% more
India Shelter Finance Corporation Credit Manager Salary 1 - 7 years exp. (96 salaries)	₹2.9 L/yr - ₹6.5 L/yr 37% more
PNB Housing Finance Credit Manager Salary 0 - 11 years exp. (89 salaries)	₹4.9 L/yr - ₹12 L/yr 141% more
IIFL Home Finance Credit Manager Salary 0 - 8 years exp. (81 salaries)	₹2.6 L/yr - ₹7 L/yr 26% more
SBFC Finance Credit Manager Salary 0 - 8 years exp. (80 salaries)	₹2.7 L/yr - ₹6.7 L/yr 25% more
InCred Finance Credit Manager Salary 2 - 9 years exp. (67 salaries)	₹3 L/yr - ₹10.9 L/yr 111% more

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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.

Experience wise VFS Capital Credit Manager salaries

Last Updated: 24 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.2 L/yr
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6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
10 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.7 L/yr

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Similar Designation salaries in VFS Capital

Credit Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Area Credit Manager Salary

(3 salaries)

₹3.1 L/yr - ₹3.3 L/yr

Branch Manager Salary

(24 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Salary related reviews for VFS Capital

4.3

Rated by 3 employees for salary & benefits

Operations Executive in Kolkata

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.

Skill development - Poor

+1 more

Loan Officer in Hooghly

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

Salary - Poor

+5 more

Assistant Manager in Kolkata

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.

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.

Promotions - Poor

+1 more

Chief Business Officer in Kolkata

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.

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.

Salary - Poor

+2 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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VFS Capital Credit Manager Salary FAQs

What is the salary of Credit Manager at VFS Capital?

Credit Manager salary at VFS Capital in India ranges between ₹3.3 Lakhs to ₹3.7 Lakhs for experience between 4 years to 10 years. According to our estimates it is 56% less than the average Credit Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of VFS Capital India.

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

The average salary of a Credit Manager at VFS Capital is 56% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than VFS Capital to a Credit Manager in India?

BA Continuum Credit Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.2 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to VFS Capital in India?

PNB Housing Finance Credit Manager Salary - ₹4.9 Lakhs to ₹12.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
Hero FinCorp Credit Manager Salary - ₹5.0 Lakhs to ₹11.6 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹3.3 Lakhs to ₹13.5 Lakhs per year
LendingKart Credit Manager Salary - ₹3.2 Lakhs to ₹13.5 Lakhs per year

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 ranges between ₹25,165 per month to ₹26,601 per month in India. The take-home salary calculation is based on the average VFS Capital Credit Manager salary in India which ranges between ₹3.3 Lakhs to ₹3.7 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at VFS Capital?

According to AmbitionBox, 38% of the VFS Capital Credit Managers reported a notice period of 1 Month, 37% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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VFS Capital Credit Manager Salaries

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