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Varashakti Housing Finance Cluster Credit Manager salaries in India (Updated 2025)

Annual salary range
2 - 8 years exp.
₹2.5 Lakhs - ₹8.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Cluster Credit Manager Salary at Varashakti Housing Finance ranges between ₹2.5 Lakhs to ₹8.7 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 6 latest salaries... Read more

52% less than the average Cluster Credit Manager Salary for 2 - 8 years of experience

Interested in this particular role? 1 job opening

Last Updated: 16 Jun 2025

Companies similar to Varashakti Housing Finance for Cluster Credit Manager

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹9.2 L/yr

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₹12.6 L/yr - ₹22.4 L/yr

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₹5.6 L/yr - ₹12.9 L/yr

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1 job opening
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IDFC FIRST Bank Cluster Credit Manager Salary

6 - 13 years exp. (100 salaries)

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₹9.7 L/yr - ₹17 L/yr

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IDFC FIRST Bharat Cluster Credit Manager Salary

5 - 14 years exp. (98 salaries)

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₹5.8 L/yr - ₹12 L/yr

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Varashakti Housing Finance Cluster Credit Manager salaries by

Years of experience Avg. annual salary
2 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
3 years  (3 salaries)

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₹3.8 L/yr - ₹7.2 L/yr
4 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr
View all salaries by experience

Similar Designation Salaries at Varashakti Housing Finance

Similar Designation Avg. annual salary
Area Credit Manager Salary
(AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.1 L/yr

Deputy Credit Manager Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

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₹2.4 L/yr - ₹3.9 L/yr

Assistant Credit Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

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₹2.2 L/yr - ₹3.8 L/yr

Senior Credit Officer Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

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₹2.3 L/yr - ₹4.9 L/yr

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₹3 L/yr - ₹6.2 L/yr

Sales Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

View more similar designations

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Salary Discussions
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No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Varashakti Housing Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Varashakti Housing Finance ?
The average salary of a Cluster Credit Manager at Varashakti Housing Finance in India typically ranges from ₹2.5 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Cluster Credit Manager at Varashakti Housing Finance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Cluster Credit Manager Salaries at Varashakti Housing 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 6 Varashakti Housing Finance employees in India.
What is the estimated take home salary of a Cluster Credit Manager at Varashakti Housing Finance in India?
The estimated take-home salary of a Cluster Credit Manager at Varashakti Housing Finance in India typically ranges from ₹37,181 to ₹38,389 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹8.7 Lakhs per year for employees with experience ranging from 2 years to 8 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 6 salaries received from various employees of Varashakti Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Varashakti Housing Finance for Cluster Credit Manager in India?
AU Small Finance Bank ₹12.6 Lakhs to ₹22.4 Lakhs per year
IDFC FIRST Bank ₹9.7 Lakhs to ₹17.0 Lakhs per year
IDFC FIRST Bharat ₹5.8 Lakhs to ₹12.0 Lakhs per year
Ujjivan Small Finance Bank ₹5.6 Lakhs to ₹12.9 Lakhs per year
Hinduja Housing Finance ₹4.0 Lakhs to ₹9.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Varashakti Housing Finance, depending on the role and experience level.
How the salary growth look like for a Cluster Credit Manager at Varashakti Housing Finance in India?
The salary growth for a Cluster Credit Manager at Varashakti Housing Finance depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager can expect the following growth trajectory at Varashakti Housing Finance:

Experience Average Salary Range
2 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
3 years ₹3.8 Lakhs to ₹7.2 Lakhs per year
4 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
and so on.

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Varashakti Housing Finance Cluster Credit Manager salary in India ranges between ₹2.5 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Varashakti Housing Finance latest salaries received from various employees of Varashakti Housing Finance.