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

9 - 10 years exp.

₹21.9 Lakhs - ₹24.5 Lakhs

Low Confidence

Salary of majority employees

5% less than the average Zonal Credit Manager Salary in NBFC Companies for 9 - 10 years of experience

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Last Updated: 13 Dec 2024

Companies similar to Aavas Financiers for Zonal Credit Manager

Company name	Avg Annual Salary	Open Jobs
Piramal Capital Housing Finance Zonal Credit Manager Salary 14 - 20 years exp. (7 salaries)	₹21 L/yr - ₹50 L/yr 58% more
L&T Finance Zonal Credit Manager Salary 15 - 16 years exp. (3 salaries)	₹33 L/yr - ₹46 L/yr 79% more
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Muthoot Fincorp Zonal Credit Manager Salary 15 - 22 years exp. (5 salaries)	₹26.5 L/yr - ₹33 L/yr 23% more
PNB Housing Finance Zonal Credit Manager Salary 17 - 19 years exp. (5 salaries)	₹32 L/yr - ₹42 L/yr 51% more
Tata Capital Housing Finance Zonal Credit Manager Salary 17 - 20 years exp. (5 salaries)	₹29.5 L/yr - ₹42 L/yr 54% more
Poonawalla Fincorp Zonal Credit Manager Salary 13 - 18 years exp. (5 salaries)	₹32 L/yr - ₹55 L/yr 77% more	1 job opening
IIFL Finance Zonal Credit Manager Salary 15 - 18 years exp. (4 salaries)	₹27 L/yr - ₹30 L/yr 19% more
Kotak Mahindra Prime Zonal Credit Manager Salary 10 - 15 years exp. (4 salaries)	₹19 L/yr - ₹30 L/yr 5% more
Shriram Finance Zonal Credit Manager Salary 11 - 22 years exp. (4 salaries)	₹4.5 L/yr - ₹36.6 L/yr 20% less
Muthoot Finance Zonal Credit Manager Salary 11 - 15 years exp. (4 salaries)	₹20.5 L/yr - ₹27 L/yr 5% less
Ugro Capital Zonal Credit Manager Salary 8 - 20 years exp. (4 salaries)	₹17 L/yr - ₹31.3 L/yr 3% less
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Mahindra Rural Housing Finance Zonal Credit Manager Salary 12 - 16 years exp. (3 salaries)	₹40.8 L/yr - ₹52 L/yr 94% more

Zonal Credit Manager salary at Aavas Financiers ranges between ₹21.9 Lakhs to ₹24.5 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Zonal Credit Manager salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
9 years (3 salaries)	₹21.9 L/yr - ₹24 L/yr
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10 years (AmbitionBox Estimate)	₹22 L/yr - ₹24.5 L/yr

Similar Designation salaries in Aavas Financiers

Regional Credit Manager Salary

(4 salaries)

₹7 L/yr - ₹14 L/yr

Area Credit Manager Salary

(83 salaries)

₹5 L/yr - ₹12 L/yr

Branch Credit Manager Salary

(77 salaries)

₹3.5 L/yr - ₹8 L/yr

Credit Manager Salary

(266 salaries)

₹3 L/yr - ₹8.52 L/yr

Deputy Credit Manager Salary

(6 salaries)

₹3.81 L/yr - ₹6 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Assistant Credit Manager Salary

(73 salaries)

₹3.1 L/yr - ₹6.6 L/yr

Sales Manager Salary

(36 salaries)

₹2.3 L/yr - ₹6 L/yr

Senior Credit Officer Salary

(54 salaries)

₹2 L/yr - ₹4.3 L/yr

Relationship Manager Salary

(151 salaries)

₹1.8 L/yr - ₹5 L/yr

Top skills at Aavas Financiers for Zonal Credit Manager

Sanction Underwriting Credit Appraisal Home Loans Credit Risk Credit Underwriting Credit Operations Mortgage Loans Credit Monitoring Credit Risk Analysis Team Leading Credit Assessment Credit Evaluation Credit Analysis

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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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 Zonal Credit Manager Salary FAQs

What is the salary of Zonal Credit Manager at Aavas Financiers ?

Zonal Credit Manager salary at Aavas Financiers in India ranges between ₹21.9 Lakhs to ₹24.5 Lakhs for experience between 9 years to 10 years. According to our estimates it is 5% less than the average Zonal Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Aavas Financiers India.

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

The average salary of a Zonal Credit Manager at Aavas Financiers is 5% less than the average salary of a Zonal Credit Manager in India. To know exact salary insights, login to view.

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

Sanction, Underwriting, Credit Appraisal, Home Loans and Credit Risk are some of the popular skills required to work as a Zonal Credit Manager at Aavas Financiers India.

Which similar companies are paying more than Aavas Financiers to a Zonal Credit Manager in India?

Mahindra Rural Housing Finance Zonal Credit Manager Salary - ₹40.8 Lakhs to ₹52.0 Lakhs per year
L&T Finance Zonal Credit Manager Salary - ₹33.0 Lakhs to ₹46.0 Lakhs per year
Poonawalla Fincorp Zonal Credit Manager Salary - ₹32.0 Lakhs to ₹55.0 Lakhs per year
Piramal Capital Housing Finance Zonal Credit Manager Salary - ₹21.0 Lakhs to ₹50.0 Lakhs per year
Tata Capital Housing Finance Zonal Credit Manager Salary - ₹29.5 Lakhs to ₹42.0 Lakhs per year

What is the salary of a Zonal Credit Manager in companies similar to Aavas Financiers in India?

PNB Housing Finance Zonal Credit Manager Salary - ₹32.0 Lakhs to ₹42.0 Lakhs per year
Muthoot Fincorp Zonal Credit Manager Salary - ₹26.5 Lakhs to ₹33.0 Lakhs per year
IIFL Finance Zonal Credit Manager Salary - ₹27.0 Lakhs to ₹30.0 Lakhs per year
Kotak Mahindra Prime Zonal Credit Manager Salary - ₹19.0 Lakhs to ₹30.0 Lakhs per year
Ugro Capital Zonal Credit Manager Salary - ₹17.0 Lakhs to ₹31.3 Lakhs per year

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

The estimated take-home salary of a Zonal Credit Manager at Aavas Financiers ranges between ₹1,49,230 per month to ₹1,54,841 per month in India. The take-home salary calculation is based on the average Aavas Financiers Zonal Credit Manager salary in India which ranges between ₹21.9 Lakhs to ₹24.5 Lakhs per year for employees with experience between 9 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Zonal Credit Manager at Aavas Financiers ?

According to AmbitionBox, 100% of the Aavas Financiers Zonal Credit Managers reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Aavas Financiers Zonal Credit Manager Salaries

Aavas Financiers Zonal Credit Manager salary in India ranges between ₹21.9 Lakhs to ₹24.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Aavas Financiers latest salaries received from various employees of Aavas Financiers .