Volkswagen Finance Credit Manager Salaries by 4 Employees

5 - 7 years exp.

₹10.4 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

78% more than the average Credit Manager Salary in NBFC Companies for 5 - 7 years of experience

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Last Updated: 29 Mar 2024

Companies similar to Volkswagen Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Credit Manager Salary 0 - 12 years exp. (478 salaries)	₹2 L/yr - ₹9 L/yr 67% less	1 job opening
SMFG India Credit Credit Manager Salary 0 - 13 years exp. (339 salaries)	₹2.4 L/yr - ₹10.8 L/yr 52% less
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Aditya Birla Finance Credit Manager Salary 0 - 10 years exp. (315 salaries)	₹3.9 L/yr - ₹12.6 L/yr 48% less
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (207 salaries)	₹2.4 L/yr - ₹9 L/yr 56% less	4 job openings
IIFL Finance Credit Manager Salary 0 - 10 years exp. (178 salaries)	₹2.3 L/yr - ₹10.2 L/yr 56% less
Shriram Finance Credit Manager Salary 0 - 10 years exp. (124 salaries)	₹1.8 L/yr - ₹9.5 L/yr 62% less	2 job openings
Mahindra Finance Credit Manager Salary 1 - 14 years exp. (114 salaries)	₹2.7 L/yr - ₹13 L/yr 46% less
L&T Finance Credit Manager Salary 1 - 10 years exp. (93 salaries)	₹3.7 L/yr - ₹14 L/yr 42% less
Muthoot Finance Credit Manager Salary 0 - 12 years exp. (74 salaries)	₹3 L/yr - ₹7.2 L/yr 65% less	1 job opening
Poonawalla Finance Credit Manager Salary 2 - 10 years exp. (37 salaries)	₹3 L/yr - ₹10 L/yr 55% less
Chaitanya India Fin Credit Credit Manager Salary 1 - 5 years exp. (26 salaries)	₹2.2 L/yr - ₹4 L/yr 78% less
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Tata Motors Finance Credit Manager Salary 0 - 12 years exp. (16 salaries)	₹7.1 L/yr - ₹12.8 L/yr 37% less
ECL Finance Credit Manager Salary 0 - 7 years exp. (13 salaries)	₹5 L/yr - ₹8 L/yr 56% less
Rattanindia Finance Credit Manager Salary 2 - 8 years exp. (13 salaries)	₹3 L/yr - ₹8.5 L/yr 61% less
Muthoot Microfin Credit Manager Salary 1 - 6 years exp. (9 salaries)	₹2.2 L/yr - ₹2.9 L/yr 81% less
Asirvad Microfinance Credit Manager Salary 1 - 9 years exp. (7 salaries)	₹2.2 L/yr - ₹4.5 L/yr 75% less
Shikhar Microfinance Credit Manager Salary 3 - 7 years exp. (7 salaries)	₹4 L/yr - ₹5 L/yr 67% less
Arohan Financial Services Credit Manager Salary 1 - 6 years exp. (6 salaries)	₹5.9 L/yr - ₹10.5 L/yr 42% less
Indian School Finance Company Credit Manager Salary 1 - 10 years exp. (6 salaries)	₹4 L/yr - ₹6.8 L/yr 60% less
Sustainable Agro-commercial Finance Credit Manager Salary 8 - 9 years exp. (5 salaries)	₹3 L/yr - ₹6.3 L/yr 64% less

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Credit Manager salary at Volkswagen Finance ranges between ₹10.4 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Volkswagen Finance.

Experience wise Volkswagen Finance Credit Manager salaries

Last Updated: 29 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
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7 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr

Similar Designation salaries in Volkswagen Finance

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₹49.9 L/yr - ₹55.1 L/yr

Zonal Credit Manager Salary

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₹14.4 L/yr - ₹18.4 L/yr

Sales Manager Salary

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Regional Credit Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Credit Executive Salary

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₹1.5 L/yr - ₹4.8 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹16.3 L/yr - ₹20.8 L/yr

Salary related reviews for Volkswagen Finance

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3.0

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Good work environment & culture.teammates are supportive and the management is transparent.company policy are good appraisal are fair and they give good salary hike and bonus every year

Skill development - Good

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Salary is good but carrier growth is slow

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Salary - Excellent

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Recent top management's decision making abilities and contingency handling abilities.

Job security - Poor

Sales Manager in Mumbai

Sales & Business Development Department

4.0

• posted on 21 Jan 2021

2.0

for Salary and Benefits

Likes

Well in the starting months of 2020 the company was very supportive and was helpful but by the mid of the year the company had a concall with all its employees giving us the shocking news of closing of its retail biz. As one of our senior management has shown the company the way to easy income without investing its own money. Due to which almost seventy five percent of the staff was forsed to resign or else we were threatened that we will be sacked from the company. We were given five months notice period instead of three months. As of now most of us are still jobless as the companies are still not hiring for senior positions.

Skill development - Excellent

+2 more

Dislikes

All of a sudden closing of the retail biz without thinking about the staff. Undue pressure of Collection in default cases on sales team where as the reason for default is the negligence of FI agencies, FCU agencies and inefficiency of the collection team and collection agencies appointed by the company.

Salary - Poor

+1 more

Sales Promotion Manager in Mumbai.

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• posted on 20 Mar 2021

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for Salary and Benefits

Likes

Nice working environment and supporting teammates

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+1 more

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Hell a lot of departmental issues especially Fi agencies pethatic risk control unit people irresponsible collection department good for nothing as they can't resolve the issues of Collection always blaming saes for all the issues.

Job security - Bad

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Volkswagen Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Volkswagen Finance ?

The average salary of a Credit Manager at Volkswagen Finance in India typically ranges from ₹10.4 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Credit Manager at Volkswagen Finance earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Credit Manager Salaries at Volkswagen Finance 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 4 Volkswagen Finance employees in India.

What is the estimated take home salary of a Credit Manager at Volkswagen Finance in India?

The estimated take-home salary of a Credit Manager at Volkswagen Finance in India typically ranges from ₹97,391 to ₹1,00,028 per month. This is based on the average salary range of ₹10.4 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 5 years to 7 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 4 salaries received from various employees of Volkswagen Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Credit Manager in companies similar to Volkswagen Finance in India?

The salary of a Credit Manager at companies similar to Volkswagen Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Motors Finance	₹7.1 Lakhs to ₹12.8 Lakhs per year
L&T Finance	₹3.7 Lakhs to ₹14.0 Lakhs per year
Arohan Financial Services	₹5.9 Lakhs to ₹10.5 Lakhs per year
Mahindra Finance	₹2.7 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Finance	₹3.9 Lakhs to ₹12.6 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 Volkswagen Finance in India?

The salary growth for a Credit Manager at Volkswagen Finance depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Volkswagen Finance:

Experience	Average Salary Range
5 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
6 years	₹10.7 Lakhs to ₹13.7 Lakhs per year
7 years	₹15.1 Lakhs to ₹19.3 Lakhs per year

and so on.

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Volkswagen Finance Credit Manager Salaries

Volkswagen Finance Credit Manager salary in India ranges between ₹10.4 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Volkswagen Finance latest salaries received from various employees of Volkswagen Finance.