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Aavas Financiers Area Business Manager salaries in India

Annual salary range
3 - 5 years exp.
₹2.8 Lakhs - ₹3.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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65% less than the average Area Business Manager Salary in NBFC Companies for 3 - 5 years of experience

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Salaries in different departments

Sales & Business Development
Area Business Manager Salary
3 - 4 years exp. (4 salaries)
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₹3.1 L/yr - ₹3.6 L/yr

Finance & Accounting
Area Business Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to Aavas Financiers for Area Business Manager

Company name Avg Annual Salary Open Jobs
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Mahindra Finance Area Business Manager Salary

5 - 18 years exp. (381 salaries)

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₹3.8 L/yr - ₹15 L/yr

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1 job opening
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L&T Finance Area Business Manager Salary

4 - 14 years exp. (10 salaries)

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₹9.6 L/yr - ₹19 L/yr

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Shriram Finance Area Business Manager Salary

3 - 12 years exp. (7 salaries)

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₹2.6 L/yr - ₹6 L/yr

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₹8.9 L/yr - ₹21 L/yr

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₹6.5 L/yr - ₹15.7 L/yr

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₹5.1 L/yr - ₹7.9 L/yr

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₹3.8 L/yr - ₹7 L/yr

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TVS Credit Area Business Manager Salary

7 - 16 years exp. (4 salaries)

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₹4.2 L/yr - ₹24.5 L/yr

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Ess Kay Fincorp Area Business Manager Salary

6 - 9 years exp. (4 salaries)

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₹5.1 L/yr - ₹6.5 L/yr

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₹7 L/yr - ₹12 L/yr

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IIFL Finance Area Business Manager Salary

2 - 5 years exp. (3 salaries)

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₹5 L/yr - ₹6.3 L/yr

arrow icon 67% more
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Muthoot Fincorp Area Business Manager Salary

2 - 21 years exp. (3 salaries)

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₹3.6 L/yr - ₹10 L/yr

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₹2.5 L/yr - ₹6.5 L/yr

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₹2.3 L/yr - ₹6 L/yr

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Area Business Manager salary at Aavas Financiers ranges between ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Aavas Financiers .

Latest annual salaries shared by Aavas Financiers Area Business Manager

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4 years exp.
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4 years exp.
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Experience wise Aavas Financiers Area Business Manager salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹5.9 L/yr
4 years  (4 salaries)

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₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.5 L/yr

Similar Designation salaries in Aavas Financiers

Business Manager Salary
(204 salaries)
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₹3 L/yr - ₹8 L/yr
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₹3 L/yr - ₹12.89 L/yr
Area Manager Salary
(6 salaries)
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₹4.13 L/yr - ₹10 L/yr
Branch Manager Salary
(38 salaries)
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₹3.6 L/yr - ₹8.22 L/yr
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₹7.65 L/yr - ₹15.5 L/yr
Sales Manager Salary
(36 salaries)
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₹2.3 L/yr - ₹6 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr
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₹3.1 L/yr - ₹12.11 L/yr
Deputy Manager Salary
(32 salaries)
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₹3.5 L/yr - ₹8 L/yr
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₹3.2 L/yr - ₹3.5 L/yr

Salary related reviews for Aavas Financiers

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 13 Aug 2024

3.0
 for  Salary and Benefits

Likes

Location near to my home - good understanding with credit team . No salary deduction at time of covid n even get good incentive for sales of hl and lap

read more

Dislikes

Not work Life balanced , even we have to work at every Sunday .

  • Work-life balance - Bad

Other Department

5.0
  •  posted on 13 May 2022

3.0
 for  Salary and Benefits

Likes

...re is a huge cafeteria and gaming arcade for chiling. Company policies are good. Appraisals are fair and they give good salary hike and bonus every year.

read more
  • Skill development - Good
  • +3 more

Dislikes

There is a lot politics and the management doesnt address our issues salary is decent but career growth is slow there is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

read more

Affluent- Sales Department

3.0
  •  posted on 06 May 2022

3.0
 for  Salary and Benefits

Likes

Incentive structure and product is good.

Dislikes

Upper Management not supported Ground level staff. My salary cut down in Apr 21 due to COVID then management said it should be provide nine part of this 25% amount as month on month start to the next month but not received any time.

read more
  • Skill development - Bad
  • +4 more

Sales & Business Development Department

4.0
  •  posted on 06 May 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 16 Oct 2024

3.0
 for  Salary and Benefits

Likes

It's been a pleasure to work in a reputed company like aavas, I was very much enjoyed my working period. The work frame and culture is appreciated . I would like to thank the organisation for giving my such a wonderful opertunity to be a part. Thank u

read more
  • Job security - Good
  • +1 more

Dislikes

Earlier Incentives was too good, now incentives are restructured and paying less . Earlier salary package was also offered less.

read more
see more salary related reviews

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Aavas Financiers Area Business Manager Salary FAQs

What is the salary of Area Business Manager at Aavas Financiers ?
The average salary of a Area Business Manager at Aavas Financiers in India typically ranges from ₹2.8 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Area Business Manager at Aavas Financiers earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Area Business Manager Salaries at Aavas Financiers 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 Aavas Financiers employees in India.
What is the estimated take home salary of a Area Business Manager at Aavas Financiers in India?
The estimated take-home salary of a Area Business Manager at Aavas Financiers in India typically ranges from ₹22,925 to ₹24,394 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 3 years to 5 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 Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Aavas Financiers for Area Business Manager in India?
Mahindra Rural Housing Finance ₹8.9 Lakhs to ₹21.0 Lakhs per year
L&T Finance ₹9.6 Lakhs to ₹19.0 Lakhs per year
TVS Credit ₹4.2 Lakhs to ₹24.5 Lakhs per year
Indostar Capital Finance ₹6.5 Lakhs to ₹15.7 Lakhs per year
Mahindra Finance ₹3.8 Lakhs to ₹15.0 Lakhs per year

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

Five-Star Business Finance ₹7.0 Lakhs to ₹12.0 Lakhs per year
Muthoot Fincorp ₹3.6 Lakhs to ₹10.0 Lakhs per year
Sammaan Capital Limited ₹5.1 Lakhs to ₹7.9 Lakhs per year
Ess Kay Fincorp ₹5.1 Lakhs to ₹6.5 Lakhs per year
IIFL Finance ₹5.0 Lakhs to ₹6.3 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 Area Business Manager at Aavas Financiers in India?
The salary growth for a Area Business Manager at Aavas Financiers depends on factors such as experience, performance, and promotions. On average, a Area Business Manager can expect the following growth trajectory at Aavas Financiers :

Experience Average Salary Range
3 years ₹3.1 Lakhs to ₹5.9 Lakhs per year
4 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
5 years ₹2.8 Lakhs to ₹5.5 Lakhs per year
and so on.

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Aavas Financiers Area Business Manager salary in India ranges between ₹2.8 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Aavas Financiers latest salaries received from various employees of Aavas Financiers .