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HDB Financial Services Credit Manager salaries in India (Updated 2025)

Annual salary range
0 - 12 years exp.
₹2 Lakhs - ₹8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Credit Manager Salary at HDB Financial Services ranges between ₹2 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 538 latest... Read more

42% less than the average Credit Manager Salary in NBFC Companies for 0 - 12 years of experience

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Last Updated: 27 Jun 2025

Companies similar to HDB Financial Services for Credit Manager

Company name Avg Annual Salary Open Jobs
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SMFG India Credit Credit Manager Salary

1 - 12 years exp. (361 salaries)

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₹2.1 L/yr - ₹11 L/yr

arrow icon 48% more
1 job opening
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Aditya Birla Finance Credit Manager Salary

1 - 10 years exp. (230 salaries)

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₹3.6 L/yr - ₹12 L/yr

arrow icon 61% more
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Bajaj Finance Credit Manager Salary

1 - 9 years exp. (218 salaries)

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₹3 L/yr - ₹9.5 L/yr

arrow icon 36% more
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Annapurna Finance Credit Manager Salary

2 - 10 years exp. (206 salaries)

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₹2.7 L/yr - ₹7.1 L/yr

arrow icon 5% less
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IIFL Finance Credit Manager Salary

0 - 8 years exp. (178 salaries)

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₹2.3 L/yr - ₹9.5 L/yr

arrow icon 19% more
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₹2.3 L/yr - ₹5.3 L/yr

arrow icon 14% less
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Shriram Finance Credit Manager Salary

0 - 10 years exp. (141 salaries)

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₹1.8 L/yr - ₹9.5 L/yr

arrow icon 19% more
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Bajaj Housing Finance Credit Manager Salary

0 - 6 years exp. (125 salaries)

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₹1.7 L/yr - ₹7.8 L/yr

arrow icon 14% more
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IIFL SAMASTA Credit Manager Salary

1 - 10 years exp. (125 salaries)

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₹1 L/yr - ₹6.8 L/yr

arrow icon 8% less
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Mahindra Finance Credit Manager Salary

1 - 12 years exp. (121 salaries)

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₹2.3 L/yr - ₹13 L/yr

arrow icon 57% more
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HDB Financial Services Credit Manager Salary and Career Growth

From

To

Credit Manager

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0 - 12 years exp.

Zonal Business Manager

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11 - 19 years exp.

Credit Manager

0 - 12 years exp.
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Branch Credit Manager

0 - 13 years exp.
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arrow icon 12% hike

Branch Manager

5 - 18 years exp.
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arrow icon 75% hike

From

To

Credit Manager

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0 - 12 years exp.

Zonal Manager

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17 - 23 years exp.

From

To

Credit Manager

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0 - 12 years exp.

Cluster Credit Manager

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11 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Latest annual salaries shared by HDB Financial Services Credit Manager

2d ago
₹3.5 Lakhs
6 years exp.
3d ago
₹4.5 Lakhs
2 years exp.
5d ago
₹7.5 Lakhs
6 years exp.
5d ago
₹3.6 Lakhs
1 year exp.
6d ago
₹4.5 Lakhs
6 years exp.
6d ago
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6 years exp.
1w ago
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8 years exp.
1w ago
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6 years exp.
1w ago
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3 years exp.
1w ago
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9 years exp.

HDB Financial Services Credit Manager salaries by

Years of experience Avg. annual salary
Fresher  (23 salaries)

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₹2.2 L/yr - ₹4.3 L/yr
1 year  (40 salaries)

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₹2.2 L/yr - ₹5 L/yr
2 years  (53 salaries)

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₹2.2 L/yr - ₹5.3 L/yr
3 years  (58 salaries)

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₹2 L/yr - ₹5.5 L/yr
4 years  (78 salaries)

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₹2 L/yr - ₹6.3 L/yr
View all salaries by experience

Similar Designation Salaries at HDB Financial Services

Similar Designation Avg. annual salary
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₹1.1 L/yr - ₹4.3 L/yr

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₹5.3 L/yr - ₹17 L/yr

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₹3.9 L/yr - ₹13.7 L/yr

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₹1.7 L/yr - ₹9.5 L/yr

Chief Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

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₹1.6 L/yr - ₹4.5 L/yr

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₹20.4 L/yr - ₹29 L/yr

Sales Manager Salary
(1.1k salaries)
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₹1 L/yr - ₹7.5 L/yr

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₹2.3 L/yr - ₹7.8 L/yr

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₹3.5 L/yr - ₹6.3 L/yr

View more similar designations

What people are saying about HDB Financial Services

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collectionagentoo7
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2w
works at
HDB Financial Services
Collection job; Is there any future???
Working in a reputed leading NBFC I sometimes feel that collection job have no future growth as everything is very limited as compared to sales profile. I've given my 2.6 years now what should I do???
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Salary related reviews for HDB Financial Services

3.4

Rated by 180 employees for salary & benefits

Full Time

 · 

Other Department

2.0
  •  updated on 27 May 2025

2.0
 for  Salary and Benefits

Likes

Salary on time

Dislikes

To be honest, the work culture is too bad. I have been working as a credit manager here and whatever good you do, you won't be appreciated. In here, Credit and Operations are just like sla*es to the Sales team. Even you have to work till late night still you get only 9-10% appraisal. And every year, when the time of appraisal comes, the company alaway use to be in loss. Secondly, neither one is going to teach you anything nor there is a proper training. You just get tons of pdfs for policy. Most commonly, here you get the policy pdfs after some changes gets implemented. Thirdly, process is too slow in comparison to other NBFCs. You have so go through 7-8 applications for pitching cam for a single customer. Forthly, 1st and 2nd saturday is off here as per the rumors.

read more
  • Salary - Poor
  • +5 more

BFSI, Investments & Trading Department

5.0
  •  updated on 03 May 2018

5.0
 for  Salary and Benefits

Likes

I would like to say HDB good company to work place, no pressure, good salary growth, career growth, work environment is very good and we can spend our time with family no restrictions to you job to be finished.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 25 Feb 2025

4.0
 for  Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

read more
  • Salary - Good
  • +1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  updated on 17 Feb 2025

4.0
 for  Salary and Benefits

Likes

supportive, family-like, and encouraging of internal growth, with good opportunities for career advancement, along with competitive incentives and on-time salary payments

read more
  • Salary - Good
  • +6 more

Dislikes

intense pressure to meet high sales targets, poor work-life balance, low salary, lack of career growth opportunities, rigid company culture, excessive manual work, and a perceived lack of support from management.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 12 Oct 2024

2.0
 for  Salary and Benefits

Likes

...o like. Business teams are leading here. Business teams behaves like dog to BCM. Only on time salary is good thing

read more

Dislikes

No value for credit in specially West Bengal lending department.No support for credit department. Business team from zonal level forceful to Branch credit level. Even working on credit department you will feel like you are working on sales. Even credit manager gets pressure more than any sales manager. Credit Manager leaves office every day at 10pm and at month end 3am at night.Even works on Saturday and Sunday

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

HDB Financial Services Credit Manager Salary FAQs

What is the salary of Credit Manager at HDB Financial Services ?
The average salary of a Credit Manager at HDB Financial Services in India typically ranges from ₹2.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Credit Manager at HDB Financial Services earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Credit Manager Salaries at HDB 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 500+ HDB Financial Services employees in India.
What is the estimated take home salary of a Credit Manager at HDB Financial Services in India?
The estimated take-home salary of a Credit Manager at HDB Financial Services in India typically ranges from ₹34,549 to ₹35,796 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 12 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 500+ salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Credit Manager at HDB Financial Services ?
To be a Credit Manager at HDB Financial Services in india, the key skills required include:

  • - Credit Underwriting
  • - Credit Appraisal
  • - Credit Management
  • - Credit Assessment
  • - Credit

These skills are highly valued at HDB Financial Services and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDB Financial Services for Credit Manager in India?
BA Continuum ₹11.5 Lakhs to ₹17.0 Lakhs per year
Tata Motors Finance ₹7.1 Lakhs to ₹12.8 Lakhs per year
L&T Finance ₹3.2 Lakhs to ₹14.0 Lakhs per year
Hero FinCorp ₹5.0 Lakhs to ₹11.6 Lakhs per year
Aditya Birla Finance ₹3.6 Lakhs to ₹12.0 Lakhs per year

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

Mahindra Finance ₹2.3 Lakhs to ₹13.0 Lakhs per year
SMFG India Credit ₹2.1 Lakhs to ₹11.0 Lakhs per year
Fedbank Financial Services ₹4.4 Lakhs to ₹9.0 Lakhs per year
Bajaj Finance ₹3.0 Lakhs to ₹9.5 Lakhs per year
TVS Credit ₹3.3 Lakhs to ₹8.8 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 HDB Financial Services in India?
The salary growth for a Credit Manager at HDB Financial Services depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at HDB Financial Services:

Experience Average Salary Range
Fresher ₹2.2 Lakhs to ₹4.3 Lakhs per year
1 year ₹2.2 Lakhs to ₹5.0 Lakhs per year
2 years ₹2.2 Lakhs to ₹5.3 Lakhs per year
3 years ₹2.0 Lakhs to ₹5.5 Lakhs per year
and so on.

Tell us how to improve this page.

HDB Financial Services Credit Manager salary in India ranges between ₹2 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 538 HDB Financial Services latest salaries received from various employees of HDB Financial Services.