Volvo Financial Services Regional Credit Manager Salaries by 4 Employees

12 - 15 years exp.

₹19 Lakhs - ₹20 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Regional Credit Manager Salary in Financial Services Companies for 12 - 15 years of experience

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Salaries in different departments

Finance & Accounting Regional Credit Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr
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BFSI, Investments & Trading Regional Credit Manager Salary 15 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹20.9 L/yr

Last Updated: 1 Jun 2024

Companies similar to Volvo Financial Services for Regional Credit Manager

Company name	Avg Annual Salary	Open Jobs
Poonawalla Finance Regional Credit Manager Salary 8 - 10 years exp. (8 salaries)	₹19 L/yr - ₹32 L/yr 28% more
ICICI Bank Regional Credit Manager Salary 3 - 14 years exp. (460 salaries)	₹7 L/yr - ₹24 L/yr 19% less
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Yes Bank Regional Credit Manager Salary 10 - 17 years exp. (103 salaries)	₹10.1 L/yr - ₹40 L/yr 25% more	1 job opening
Cholamandalam Investment & Finance Regional Credit Manager Salary 10 - 20 years exp. (68 salaries)	₹10 L/yr - ₹32 L/yr 7% more
Tata Capital Regional Credit Manager Salary 9 - 20 years exp. (61 salaries)	₹15 L/yr - ₹37 L/yr 27% more	1 job opening

Regional Credit Manager salary at Volvo Financial Services ranges between ₹19 Lakhs to ₹20 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Volvo Financial Services.

Experience wise Volvo Financial Services Regional Credit Manager salaries

Last Updated: 1 Jun 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
13 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.7 L/yr
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14 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
15+ years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr

Similar Designation salaries in Volvo Financial Services

Zonal Credit Manager Salary

(4 salaries)

₹27 L/yr - ₹33 L/yr

Relationship Manager Salary

(4 salaries)

₹5 L/yr - ₹5.5 L/yr

Sales Manager Salary

(3 salaries)

₹6.8 L/yr - ₹11 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Credit Analyst Salary

(3 salaries)

₹3 L/yr - ₹3.1 L/yr

Senior Associate Salary

(3 salaries)

₹2.5 L/yr - ₹5 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Top skills at Volvo Financial Services for Regional Credit Manager

Loans Financial Analysis Risk Management Credit Rating NBFC Financial Services MIS Construction Equipment Portfolio Management Analytical skills Monitoring

Salary related reviews for Volvo Financial Services

Process Leader in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 28 Nov 2023

5.0

for Salary and Benefits

Likes

The best part of Volvo is no limits if you wants to learn more and others domain work. There is scope to enhance your knowledge.

Salary - Excellent

+3 more

Dislikes

Career growth and promotion is not based on your talent or skill , it's based on your rapo with your manager. Most of the manager are very old and they won't leave organisation until retirement.

Job security - Poor

+2 more

Senior Manager Information Technology in Bangalore / Bengaluru

Project & Program Management Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

Great work culture of collaboration, work-life balance and great learning experience

Salary - Excellent

+6 more

Dislikes

Would be great if there are more travel opportunities to other countries for greater exposure to processes and cultures.

Sales Head in Bangalore / Bengaluru

Strategic & Top Management Department

4.0

• posted on 17 Sep 2017

4.0

for Salary and Benefits

Likes

There is a sense of pride in working with the Volvo Group..VFS , in particular is process driven and is highly customer focussed. VFS fosters a culture of inclusiveness, equal opportunity provider while treating each employee with respect.

Salary - Good

+6 more

Dislikes

Sometimes the strength of the organisation is its weakness. I find at times, process of decision making is long drawn.

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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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Volvo Financial Services Regional Credit Manager Salary FAQs

What is the salary of Regional Credit Manager at Volvo Financial Services ?

The average salary of a Regional Credit Manager at Volvo Financial Services in India typically ranges from ₹19.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 12 years to 15 years).

The top 10% of Regional Credit Manager at Volvo Financial Services earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Regional Credit Manager Salaries at Volvo Financial Services 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 Volvo Financial Services employees in India.

What is the estimated take home salary of a Regional Credit Manager at Volvo Financial Services in India?

The estimated take-home salary of a Regional Credit Manager at Volvo Financial Services in India typically ranges from ₹1,29,087 to ₹1,33,553 per month. This is based on the average salary range of ₹19.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 12 years to 15 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 Volvo Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Regional Credit Manager at Volvo Financial Services ?

To be a Regional Credit Manager at Volvo Financial Services in india, the key skills required include:

- Loans
- Financial Analysis
- Risk Management
- Credit Rating
- NBFC

These skills are highly valued at Volvo Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Volvo Financial Services for Regional Credit Manager in India?

Poonawalla Finance	₹19.0 Lakhs to ₹32.0 Lakhs per year
Tata Capital	₹15.0 Lakhs to ₹37.0 Lakhs per year
Yes Bank	₹10.1 Lakhs to ₹40.0 Lakhs per year
Cholamandalam Investment & Finance	₹10.0 Lakhs to ₹32.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Volvo Financial Services, depending on the role and experience level.

What is the salary of a Regional Credit Manager in companies similar to Volvo Financial Services in India?

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

ICICI Bank

₹7.0 Lakhs to ₹24.0 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 Regional Credit Manager at Volvo Financial Services in India?

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

Experience	Average Salary Range
12 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
13 years	₹17.7 Lakhs to ₹22.7 Lakhs per year
14 years	₹17.4 Lakhs to ₹22.2 Lakhs per year
15 years	₹17.1 Lakhs to ₹21.9 Lakhs per year

and so on.

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Volvo Financial Services Regional Credit Manager Salaries

Volvo Financial Services Regional Credit Manager salary in India ranges between ₹19 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Volvo Financial Services latest salaries received from various employees of Volvo Financial Services.