Avanse Financial Services Mumbai Area Credit Manager Salaries by 4 Employees

12 - 14 years exp.

₹10 Lakhs - ₹12.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Area Credit Manager Salary in Financial Services Companies for 12 - 14 years of experience

Interested in this particular role?

Last Updated: 19 Apr 2024

Companies similar to Avanse Financial Services for Area Credit Manager in Mumbai

Avanse Financial Services Area Credit Manager Salary

12 - 14 years exp. (4 salaries)

₹10 L/yr - ₹12.6 L/yr

Company name	Avg Annual Salary	Open Jobs
KapitalTech Area Credit Manager Salary 7 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹9.8 L/yr 17% less
HDFC Credila Financial Services Area Credit Manager Salary 9 - 14 years exp. (3 salaries)	₹17.2 L/yr - ₹25 L/yr 61% more
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ICICI Bank Area Credit Manager Salary 2 - 12 years exp. (40 salaries)	₹7.8 L/yr - ₹19 L/yr 22% more
L&T Finance Area Credit Manager Salary 4 - 13 years exp. (33 salaries)	₹8 L/yr - ₹20 L/yr 13% more
HDFC Bank Area Credit Manager Salary 5 - 16 years exp. (26 salaries)	₹7.5 L/yr - ₹26 L/yr 31% more

Area Credit Manager salary at Avanse Financial Services ranges between ₹10 Lakhs to ₹12.6 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Area Credit Manager salaries in Mumbai

Last Updated: 19 Apr 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
13 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
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14 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr

Similar Designation salaries in Avanse Financial Services

Credit Manager Salary

(9 salaries)

₹4.5 L/yr - ₹9 L/yr

Branch Credit Manager Salary

(7 salaries)

₹4 L/yr - ₹8.5 L/yr

Credit Officer Salary

(3 salaries)

₹3.74 L/yr - ₹4.15 L/yr

Top skills at Avanse Financial Services for Area Credit Manager

Credit Appraisal Underwriting Cost Management mortgage Home Loans Credit Underwriting Lap Business Loan Delinquency Management

Salary related reviews for Avanse Financial Services

3.0

Rated by 1 employees for salary & benefits

Credit Executive in Chennai

Full Time

Other Department

5.0

• posted on 27 Apr 2022

5.0

for Salary and Benefits

Likes

Avanse Financial Services Ltd is very good work environment and culture teammates and colliques are so supportive to me and the management is transparent. Company policies are good.

Salary - Excellent

+6 more

Dislikes

Really a good company.. Learn lot of things in the company. Salary is decent I have 1.5 years experience in the company

Deputy Manager in Andheri

Customer Success, Service & Operations Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

There should be something to like inorder to answer this question. Shit place to work

Dislikes

...too. Systems are not mature enough. Maximum work is manual. Management is baise. Only pay comes on time

Salary - Bad

+6 more

Senior Graphic Designer in Mumbai

Full Time

Marketing & Communication Department

4.0

• posted on 29 Jul 2023

4.0

for Salary and Benefits

Likes

Good company as the director don't create pressure of work but is very flexible minded person, received salary on time.

Salary - Good

+2 more

Dislikes

The only thing that I don't like is they don't have off even for days like rakhi aur bhai duj or any other Indian festivals.

Skill development - Bad

+2 more

Management Trainee in Mumbai

Full Time

Risk Management & Compliance Department

1.0

• posted on 17 Jul 2023

2.0

for Salary and Benefits

Likes

Salary and employee benefits are good in terms with the market trends

Dislikes

There is no work life balance. Managers are extremely aggressive and it is expected to work overtime and on weekends. There is no training or guidance from the seniors and the attrition rate is very high due to which there is no stability. The HR does not take cognizance of employees issues.

Salary - Poor

+6 more

Branch Sales Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 16 Apr 2021

5.0

for Salary and Benefits

Likes

Company take care of every aspect of the employee. During covid most of the company was deducting the salary but our company was giving the additional payment. Like leave inchasment and incentive. During customer company has taken care of every employee. Being a sales driven company still company is working roster..

Salary - Excellent

+6 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Avanse Financial Services Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Avanse Financial Services in Mumbai?

The average salary of a Area Credit Manager at Avanse Financial Services in Mumbai typically ranges from ₹10.0 Lakhs to ₹12.6 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Area Credit Manager in Mumbai at Avanse Financial Services earn more than ₹12.6 Lakhs per year, and the top 1% earn over ₹12.6 Lakhs per year. Area Credit Manager Salaries at Avanse Financial Services 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 4 Avanse Financial Services employees in India.

What is the estimated take home salary of a Area Credit Manager at Avanse Financial Services in Mumbai?

The estimated take-home salary of a Area Credit Manager at Avanse Financial Services in Mumbai typically ranges from ₹83,353 to ₹85,530 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹12.6 Lakhs per year for employees with experience ranging from 12 years to 14 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 4 salaries received from various employees of Avanse Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Credit Manager at Avanse Financial Services in Mumbai?

To be a Area Credit Manager at Avanse Financial Services in Mumbai, the key skills required include:

- Credit Appraisal
- Underwriting
- Cost Management
- mortgage
- Home Loans

These skills are highly valued at Avanse Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Avanse Financial Services for Area Credit Manager in India?

HDFC Credila Financial Services	₹17.2 Lakhs to ₹25.0 Lakhs per year
HDFC Bank	₹7.5 Lakhs to ₹26.0 Lakhs per year
ICICI Bank	₹7.8 Lakhs to ₹19.0 Lakhs per year
L&T Finance	₹8.0 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Avanse Financial Services, depending on the role and experience level.

What is the salary of a Area Credit Manager in companies similar to Avanse Financial Services in Mumbai?

The salary of a Area Credit Manager at companies similar to Avanse Financial Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

KapitalTech

₹6.5 Lakhs to ₹9.8 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 Credit Manager at Avanse Financial Services in Mumbai?

The salary growth for a Area Credit Manager at Avanse Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Area Credit Manager in Mumbai can expect the following growth trajectory at Avanse Financial Services:

Experience	Average Salary Range
12 years	₹10.6 Lakhs to ₹13.5 Lakhs per year
13 years	₹10.6 Lakhs to ₹13.6 Lakhs per year
14 years	₹10.7 Lakhs to ₹13.7 Lakhs per year

and so on.

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Avanse Financial Services Area Credit Manager Salaries in Mumbai

Avanse Financial Services Area Credit Manager salary in Mumbai ranges between ₹10 Lakhs to ₹12.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.