Aavas Financiers Area Manager Salaries by 6 Employees

4 - 8 years exp.

₹4.1 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Area Manager Salary in NBFC Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 7 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹7.7 L/yr
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Finance & Accounting Area Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.5 L/yr

Last Updated: 22 Nov 2024

Companies similar to Aavas Financiers for Area Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Area Manager Salary 9 - 20 years exp. (196 salaries)	₹3.2 L/yr - ₹12 L/yr 1% more
Manappuram Finance Area Manager Salary 3 - 9 years exp. (151 salaries)	₹2.9 L/yr - ₹6.6 L/yr 31% less
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Mahindra Finance Area Manager Salary 5 - 19 years exp. (90 salaries)	₹3.5 L/yr - ₹14.1 L/yr 5% more
TVS Credit Area Manager Salary 8 - 18 years exp. (94 salaries)	₹7 L/yr - ₹21 L/yr 93% more
CreditAccess Grameen Area Manager Salary 7 - 20 years exp. (85 salaries)	₹3.3 L/yr - ₹9 L/yr 24% less	1 job opening
IIFL Finance Area Manager Salary 4 - 17 years exp. (33 salaries)	₹3.9 L/yr - ₹13.8 L/yr 2% more	2 job openings
L&T Finance Area Manager Salary 5 - 12 years exp. (32 salaries)	₹4.9 L/yr - ₹15 L/yr 11% more
LIC Housing Finance Area Manager Salary 5 - 11 years exp. (29 salaries)	₹9 L/yr - ₹25 L/yr 144% more
Poonawalla Fincorp Area Manager Salary 5 - 13 years exp. (29 salaries)	₹2.7 L/yr - ₹9 L/yr 26% less
SK Finance Limited Area Manager Salary 10 - 18 years exp. (25 salaries)	₹5 L/yr - ₹12.8 L/yr 14% more
Capri Global Capital Area Manager Salary 7 - 18 years exp. (16 salaries)	₹6 L/yr - ₹11 L/yr 23% more
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Bharat Financial Inclusion Area Manager Salary 1 - 6 years exp. (11 salaries)	₹3.3 L/yr - ₹11 L/yr 2% more
Mahindra Rural Housing Finance Area Manager Salary 10 - 17 years exp. (10 salaries)	₹9.3 L/yr - ₹14 L/yr 34% more
Electronica Finance Area Manager Salary 5 - 14 years exp. (9 salaries)	₹5.1 L/yr - ₹10.5 L/yr 4% less
Ess Kay Fincorp Area Manager Salary 7 - 12 years exp. (9 salaries)	₹6 L/yr - ₹8.7 L/yr 1% less
PNB Housing Finance Area Manager Salary 7 - 15 years exp. (8 salaries)	₹8.3 L/yr - ₹11 L/yr 36% more
Sammaan Capital Limited Area Manager Salary 2 - 14 years exp. (7 salaries)	₹3.5 L/yr - ₹13.6 L/yr 2% more
Five-Star Business Finance Area Manager Salary 10 - 16 years exp. (6 salaries)	₹10 L/yr - ₹13.5 L/yr 33% more
Shriram Finance Area Manager Salary 2 - 19 years exp. (6 salaries)	₹3 L/yr - ₹9 L/yr 25% less
Muthoot Finance Area Manager Salary 10 - 18 years exp. (6 salaries)	₹3.5 L/yr - ₹8.8 L/yr 23% less

View all

Area Manager salary at Aavas Financiers ranges between ₹4.1 Lakhs to ₹10 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Area Manager salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
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6 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹13.5 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.7 L/yr

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Top skills at Aavas Financiers for Area Manager

SME Team Management Lap Business Generation Business Loan Mortgage Loans Business Expansion SME Finance Asset Finance

Salary related reviews for Aavas Financiers

4.0

Rated by 1 employees for salary & benefits

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 .

Work-life balance - Bad

Relationship Manager in Bhopal

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.

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

Business Manager in Vadodara

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.

Skill development - Bad

+4 more

Business Manager in Jaipur

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.

Salary - Excellent

+5 more

Senior Relationship Officer in Tiptur

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

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.

see more salary related reviews

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Aavas Financiers Area Manager Salary FAQs

What is the salary of Area Manager at Aavas Financiers ?

The average salary of a Area Manager at Aavas Financiers in India typically ranges from ₹4.1 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Area Manager at Aavas Financiers earn more than ₹9.9 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Area 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 Manager at Aavas Financiers in India?

The estimated take-home salary of a Area Manager at Aavas Financiers in India typically ranges from ₹56,315 to ₹57,728 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 4 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 Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Manager at Aavas Financiers ?

To be a Area Manager at Aavas Financiers in india, the key skills required include:

- SME
- Team Management
- Lap
- Business Generation
- Business Loan

These skills are highly valued at Aavas Financiers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Aavas Financiers for Area Manager in India?

LIC Housing Finance	₹9.0 Lakhs to ₹25.0 Lakhs per year
Tata Capital Housing Finance	₹12.0 Lakhs to ₹20.0 Lakhs per year
TVS Credit	₹7.0 Lakhs to ₹21.0 Lakhs per year
MAS Financial Services	₹7.2 Lakhs to ₹13.8 Lakhs per year
PNB Housing Finance	₹8.3 Lakhs to ₹11.0 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 Manager in companies similar to Aavas Financiers in India?

The salary of a Area Manager at companies similar to Aavas Financiers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Rural Housing Finance	₹9.3 Lakhs to ₹14.0 Lakhs per year
Five-Star Business Finance	₹10.0 Lakhs to ₹13.5 Lakhs per year
Kotak Mahindra Prime	₹8.4 Lakhs to ₹12.2 Lakhs per year
Capri Global Capital	₹6.0 Lakhs to ₹11.0 Lakhs per year
SK Finance Limited	₹5.0 Lakhs to ₹12.8 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 Area Manager at Aavas Financiers in India?

The salary growth for a Area Manager at Aavas Financiers depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Aavas Financiers :

Experience	Average Salary Range
4 years	₹4.1 Lakhs to ₹9.0 Lakhs per year
5 years	₹6.7 Lakhs to ₹8.6 Lakhs per year
6 years	₹7.3 Lakhs to ₹13.5 Lakhs per year
7 years	₹7.0 Lakhs to ₹10.0 Lakhs per year

and so on.

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Aavas Financiers Area Manager Salaries

Aavas Financiers Area Manager salary in India ranges between ₹4.1 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Aavas Financiers latest salaries received from various employees of Aavas Financiers .