Annapurna Finance Area Credit Manager Salaries by 4 Employees (Updated 2024)

8 - 16 years exp.

₹5 Lakhs - ₹10.5 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Area Credit Manager Salary in NBFC Companies for 8 - 16 years of experience

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Last Updated: 2 Feb 2024

Companies similar to Annapurna Finance for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Area Credit Manager Salary 12 - 17 years exp. (6 salaries)	₹4.3 L/yr - ₹9 L/yr 22% less
Equitas Small Finance Bank Area Credit Manager Salary 10 - 16 years exp. (45 salaries)	₹6.6 L/yr - ₹20 L/yr 48% more
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Jana Small Finance Bank Area Credit Manager Salary 6 - 13 years exp. (72 salaries)	₹5.7 L/yr - ₹14 L/yr 27% more
Muthoot Finance Area Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹9.6 L/yr 34% less
Cholamandalam Investment & Finance Area Credit Manager Salary 6 - 16 years exp. (227 salaries)	₹4.8 L/yr - ₹17.5 L/yr 43% more
AU Small Finance Bank Area Credit Manager Salary 4 - 13 years exp. (54 salaries)	₹6.1 L/yr - ₹12.6 L/yr 21% more
HDB Financial Services Area Credit Manager Salary 5 - 18 years exp. (237 salaries)	₹5.3 L/yr - ₹18 L/yr 35% more	1 job opening
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (159 salaries)	₹8 L/yr - ₹30 L/yr 136% more	22 job openings
L&T Finance Area Credit Manager Salary 3 - 13 years exp. (139 salaries)	₹6 L/yr - ₹22 L/yr 64% more
Aditya Birla Finance Area Credit Manager Salary 6 - 13 years exp. (104 salaries)	₹7.5 L/yr - ₹20.1 L/yr 73% more
Bajaj Finance Area Credit Manager Salary 2 - 12 years exp. (86 salaries)	₹4.4 L/yr - ₹15.2 L/yr 21% more
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Aavas Financiers Area Credit Manager Salary 4 - 15 years exp. (83 salaries)	₹5 L/yr - ₹12 L/yr 15% more
Piramal Capital Housing Finance Area Credit Manager Salary 4 - 12 years exp. (74 salaries)	₹8 L/yr - ₹17 L/yr 63% more
SMFG India Credit Area Credit Manager Salary 4 - 13 years exp. (41 salaries)	₹6 L/yr - ₹21.6 L/yr 54% more
Muthoot Microfin Area Credit Manager Salary 2 - 9 years exp. (30 salaries)	₹2 L/yr - ₹5.5 L/yr 56% less
IIFL Finance Area Credit Manager Salary 3 - 10 years exp. (28 salaries)	₹5.2 L/yr - ₹17.5 L/yr 32% more
Tata Motors Finance Area Credit Manager Salary 1 - 15 years exp. (24 salaries)	₹5.5 L/yr - ₹16 L/yr 30% more
SK Finance Limited Area Credit Manager Salary 5 - 13 years exp. (19 salaries)	₹4.8 L/yr - ₹9.6 L/yr 10% less
CreditAccess Grameen Area Credit Manager Salary 5 - 17 years exp. (19 salaries)	₹4.4 L/yr - ₹13.1 L/yr 2% more
Shriram Finance Area Credit Manager Salary 6 - 10 years exp. (18 salaries)	₹10 L/yr - ₹21 L/yr 79% more

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Area Credit Manager salary at Annapurna Finance ranges between ₹5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Area Credit Manager salaries

Last Updated: 2 Feb 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.1 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹9 L/yr
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10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
13 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
14 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
15+ years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.5 L/yr

View all

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Salary related reviews for Annapurna Finance

5.0

Rated by 1 employees for salary & benefits

Credit Relationship Manager in Goregaon

Full Time

Finance & Accounting Department

3.0

• posted on 07 May 2023

4.0

for Salary and Benefits

Likes

...deputy manager . It's a odisa base company means head office is in odisa State. End of the month we got salary . Reporting boss is always helpful n corporate.

Dislikes

Politics wid office staff Not corporate Credit person in Mumbai region only one staff to each branch and sales person around 6 staff wid branch manager. Daily business expected like new business and collection recovery from default and flow customer. Branch environment is not good for working.

Deputy Manager in Bhubaneswar

Full Time

Other Department

2.0

• posted on 21 Apr 2023

1.0

for Salary and Benefits

Likes

Scope. There indeed is a lot to learn on practical aspevts but again its an individuals choice. Good to start career with such org but not a good haul to stay fr long period as you might feel stagnant.

Dislikes

Culture and baised way of salary structure. Unprofessional way of work. No value for quality work. More of a sheep or donkey rearing place. Unorganised work and heavy load with no appropriate compensation.

Branch Credit Manager in Sonepur, Odisha

Full Time

Finance & Accounting Department

5.0

• posted on 20 Jan 2024

5.0

for Salary and Benefits

Likes

Job Security, Salary on time, Friendly Atmosphere with in own branch.

Dislikes

Work on Holiday, Sunday Work, Compensatory Leave will be given but you none Can able to take this. As very less leave is granted. One forcely adjust as he or she is family person and having responsibilities.

Credit Manager in Aurangabad Bihar

Finance & Accounting Department

5.0

• posted on 10 Jun 2022

5.0

for Salary and Benefits

Likes

Good working environment and culture.Teammates are supporting and the management is transparent. Smooth and easy process.

Dislikes

Poor salary and career growth is slow .On the job training is not given to new joiners. Increments hold of previous year that is very baad habit.

Credit Manager in Tamilnadu

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 17 Jan 2022

2.0

for Salary and Benefits

Likes

Nothing to say particularly. An avg work culture needed to improve in all those dept

Dislikes

Not cared about employees benefits. Like appraisal, promotion , Branch expenses from our salary, delayed reimbursements for branch expenses, no proper response from back end head office. Business oriented company, not supporting for credit dept. No challenging contests for business and credit. Last 2 years no appraisal... If you suffered fever even forced to come to office

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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Annapurna Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Annapurna Finance?

Area Credit Manager salary at Annapurna Finance in India ranges between ₹5.0 Lakhs to ₹10.5 Lakhs for experience between 8 years to 16 years. According to our estimates it is 32% less than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Annapurna Finance India.

How does the salary of a Area Credit Manager at Annapurna Finance India compare with the average salary range for this job?

The average salary of a Area Credit Manager at Annapurna Finance is 32% less than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Annapurna Finance to a Area Credit Manager in India?

Tata Capital Area Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Shriram Finance Area Credit Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Finance Area Credit Manager Salary - ₹7.5 Lakhs to ₹20.1 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹6.0 Lakhs to ₹22.0 Lakhs per year
Piramal Capital Housing Finance Area Credit Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to Annapurna Finance in India?

SMFG India Credit Area Credit Manager Salary - ₹6.0 Lakhs to ₹21.6 Lakhs per year
Equitas Small Finance Bank Area Credit Manager Salary - ₹6.6 Lakhs to ₹20.0 Lakhs per year
Cholamandalam Investment & Finance Area Credit Manager Salary - ₹4.8 Lakhs to ₹17.5 Lakhs per year
TVS Credit Area Credit Manager Salary - ₹6.6 Lakhs to ₹15.1 Lakhs per year
HDB Financial Services Area Credit Manager Salary - ₹5.3 Lakhs to ₹18.0 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Annapurna Finance in India?

The estimated take-home salary of a Area Credit Manager at Annapurna Finance ranges between ₹59,756 per month to ₹61,266 per month in India. The take-home salary calculation is based on the average Annapurna Finance Area Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹10.5 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Annapurna Finance?

According to AmbitionBox, 67% of the Annapurna Finance Area Credit Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Annapurna Finance Area Credit Manager Salaries

Annapurna Finance Area Credit Manager salary in India ranges between ₹5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Annapurna Finance latest salaries received from various employees of Annapurna Finance.