Aavas Financiers Ahmedabad Area Credit Manager Salaries by 5 Employees (Updated 2024)

5 - 11 years exp.

₹7.7 Lakhs - ₹9.7 Lakhs

Salary of majority employees

27% less than the average Area Credit Manager Salary in NBFC Companies for 5 - 11 years of experience

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Salaries in different departments

Finance & Accounting Area Credit Manager Salary 9 - 11 years exp. (3 salaries)	₹7.7 L/yr - ₹9.2 L/yr
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Risk Management & Compliance Area Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹10.5 L/yr

Last Updated: 1 Mar 2024

Companies similar to Aavas Financiers for Area Credit Manager in Ahmedabad

Aavas Financiers Area Credit Manager Salary

5 - 11 years exp. (5 salaries)

₹7.7 L/yr - ₹9.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 6 - 16 years exp. (13 salaries)	₹13.4 L/yr - ₹22 L/yr 110% more
Piramal Capital Housing Finance Area Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹13 L/yr - ₹14.9 L/yr 43% more
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L&T Finance Area Credit Manager Salary 3 - 10 years exp. (5 salaries)	₹11.9 L/yr - ₹13.6 L/yr 41% more
Poonawalla Fincorp Area Credit Manager Salary 5 - 10 years exp. (14 salaries)	₹5.9 L/yr - ₹16.4 L/yr 32% more	3 job openings
Axis Bank Area Credit Manager Salary 6 - 12 years exp. (16 salaries)	₹11.5 L/yr - ₹21.1 L/yr 92% more

Area Credit Manager salary at Aavas Financiers ranges between ₹7.7 Lakhs to ₹9.7 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Area Credit Manager salaries in Ahmedabad

Last Updated: 1 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹16.3 L/yr
6 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
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7 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
8 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹16.8 L/yr
10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹16.9 L/yr
11 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹17 L/yr

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Similar Designation salaries in Aavas Financiers

Credit Manager Salary

(10 salaries)

₹4.2 L/yr - ₹7 L/yr

Branch Credit Manager Salary

(3 salaries)

₹4.18 L/yr - ₹5.63 L/yr

Assistant Credit Manager Salary

(3 salaries)

₹4.2 L/yr - ₹5.5 L/yr

Top skills at Aavas Financiers for Area Credit Manager

Lap Home Loans Credit Underwriting Credit Analysis Credit Management Disbursement Mortgage Loans Credit Credit Appraisal Credit Risk Analysis Sanction Credit Policy Apf Housing MIS

Salary related reviews for Aavas Financiers

Credit Officer in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 24 Jul 2024

3.0

for Salary and Benefits

Likes

Salary and incentive are too good

Dislikes

Company is only worst, they don’t have any time management once you join the company you will be treated has worst , Before Joining the company they tell that we are time management and good working culture but it’s not they will keep on extend the system till 10 or 12 midnight who will work for so long day this will keep on running for two to three week same timing, once u enter into this hell you will feel depressed. Main thing is they are following this employment Contract Bond for one year and 2 years due this bond many employees are staying quite or else all employees will be walk out……. So over all the timing and bond system it’s are two things are impacting the employees part from this the company has good shares and good book size in the market the technology are updating they are making the loan availability smoothly.

Relationship Manager in New Delhi

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

Dislikes

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

Credit Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

Experience that i have learned here. There is lot learn for a fresher.

Dislikes

work culture HR policy for employees welfare and retention Lack of Holidays Low salary Discrimination between professionals wiz CA and CMA. Lot more closings. it should be 1 closing. working on holidays.

Credit Manager in Jaipur

Full Time

Risk Management & Compliance Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

Good company Good salary package

Dislikes

Average working culture and most of the work given to credit Manager instead of sales team. Every day month end at there and personal life can't be enjoying and also unable to spend time with family. To be resources/Hire educated person

Credit Manager in Jaipur

Production, Manufacturing & Engineering Department

1.0

• posted on 01 Jun 2022

1.0

for Salary and Benefits

Likes

There is good amount of liberty and pretty good scope for learning.

Dislikes

...yees. only 3 sundays are available for holiday in a month. this must be changed. salary is very low and increment also at very low level. there must be fixed and strict policy regarding initial package of salary.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Aavas Financiers Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Aavas Financiers Ahmedabad?

Area Credit Manager salary at Aavas Financiers in Ahmedabad ranges between ₹7.7 Lakhs to ₹9.7 Lakhs for experience between 5 years to 11 years. According to our estimates it is 27% less than the average Area Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Aavas Financiers Ahmedabad.

How does the salary of a Area Credit Manager at Aavas Financiers Ahmedabad compare with the average salary range for this job?

The average salary of a Area Credit Manager at Aavas Financiers is 27% less than the average salary of a Area Credit Manager in Ahmedabad. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Manager at Aavas Financiers ?

Lap, Home Loans, Credit Underwriting, Credit Analysis and Credit Management are some of the popular skills required to work as a Area Credit Manager at Aavas Financiers Ahmedabad.

Which similar companies are paying more than Aavas Financiers to a Area Credit Manager in Ahmedabad?

HDFC Bank Area Credit Manager Salary - ₹13.4 Lakhs to ₹22.0 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹11.5 Lakhs to ₹21.1 Lakhs per year
Piramal Capital Housing Finance Area Credit Manager Salary - ₹13.0 Lakhs to ₹14.9 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹11.9 Lakhs to ₹13.6 Lakhs per year
Poonawalla Fincorp Area Credit Manager Salary - ₹5.9 Lakhs to ₹16.4 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Aavas Financiers in Ahmedabad?

The estimated take-home salary of a Area Credit Manager at Aavas Financiers ranges between ₹67,941 per month to ₹69,683 per month in Ahmedabad. The take-home salary calculation is based on the average Aavas Financiers Area Credit Manager salary in India which ranges between ₹7.7 Lakhs to ₹9.7 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Aavas Financiers in Ahmedabad?

According to AmbitionBox, 100% of the Aavas Financiers Area Credit Managers in Ahmedabad reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Aavas Financiers Area Credit Manager Salaries in Ahmedabad

Aavas Financiers Area Credit Manager salary in Ahmedabad ranges between ₹7.7 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Aavas Financiers latest salaries received from various employees of Aavas Financiers .