Avanse Financial Services Mumbai Area Credit Manager Salaries by 4 Employees (Updated 2025)

12 - 14 years exp.

₹10 Lakhs - ₹12.6 Lakhs

Salary of majority employees

15% less than the average Area Credit Manager Salary in Financial Services Companies for 12 - 14 years of experience

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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
Bajaj Finance Area Credit Manager Salary 3 - 8 years exp. (3 salaries)	₹9.8 L/yr - ₹10.6 L/yr 9% less
HDFC Bank Area Credit Manager Salary 6 - 16 years exp. (26 salaries)	₹7.5 L/yr - ₹26 L/yr 69% more
Login to view exact salary
ICICI Bank Area Credit Manager Salary 1 - 13 years exp. (46 salaries)	₹5.2 L/yr - ₹19 L/yr 13% more
Kotak Mahindra Bank Area Credit Manager Salary 5 - 10 years exp. (13 salaries)	₹7 L/yr - ₹18 L/yr 33% more
Tata Capital Area Credit Manager Salary 3 - 13 years exp. (20 salaries)	₹10.9 L/yr - ₹30 L/yr 83% more	11 job openings
Aditya Birla Capital Area Credit Manager Salary 7 - 11 years exp. (8 salaries)	₹10 L/yr - ₹16 L/yr 32% more
Edelweiss Area Credit Manager Salary 4 - 11 years exp. (6 salaries)	₹10 L/yr - ₹15.1 L/yr 10% more
L&T Finance Area Credit Manager Salary 3 - 13 years exp. (37 salaries)	₹8 L/yr - ₹20 L/yr 18% 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 L/yr - ₹19.5 L/yr
13 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹12 L/yr
Login to view exact salary
14 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12.6 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

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Avanse Financial Services Area Credit Manager Salary FAQs

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

Area Credit Manager salary at Avanse Financial Services in Mumbai ranges between ₹10.0 Lakhs to ₹12.6 Lakhs for experience between 12 years to 14 years. According to our estimates it is 15% less than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Avanse Financial Services Mumbai.

How does the salary of a Area Credit Manager at Avanse Financial Services Mumbai compare with the average salary range for this job?

The average salary of a Area Credit Manager at Avanse Financial Services is 15% less than the average salary of a Area Credit Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Manager at Avanse Financial Services?

Credit Appraisal, Underwriting, Cost Management, mortgage and Home Loans are some of the popular skills required to work as a Area Credit Manager at Avanse Financial Services Mumbai.

Which similar companies are paying more than Avanse Financial Services to a Area Credit Manager in Mumbai?

Tata Capital Area Credit Manager Salary - ₹10.9 Lakhs to ₹30.0 Lakhs per year
HDFC Bank Area Credit Manager Salary - ₹7.5 Lakhs to ₹26.0 Lakhs per year
Kotak Mahindra Bank Area Credit Manager Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Capital Area Credit Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year

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

ICICI Bank Area Credit Manager Salary - ₹5.2 Lakhs to ₹19.0 Lakhs per year
Edelweiss Area Credit Manager Salary - ₹10.0 Lakhs to ₹15.1 Lakhs per year
Bajaj Finance Area Credit Manager Salary - ₹9.8 Lakhs to ₹10.6 Lakhs per year

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 ranges between ₹78,634 per month to ₹80,678 per month in Mumbai. The take-home salary calculation is based on the average Avanse Financial Services Area Credit Manager salary in India which ranges between ₹10.0 Lakhs to ₹12.6 Lakhs per year for employees with experience between 12 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Avanse Financial Services in Mumbai?

According to AmbitionBox, 100% of the Avanse Financial Services Area Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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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.

Avanse Financial Services Area Credit Manager salaries in Mumbai

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

Latest annual salaries shared by Avanse Financial Services Area Credit Manager in Mumbai

Experience wise Avanse Financial Services Area Credit Manager salaries in Mumbai

Similar Designation salaries in Avanse Financial Services

Top skills at Avanse Financial Services for Area Credit Manager

Salary related reviews for Avanse Financial Services

Credit Executive in Chennai

Deputy Manager in Andheri

Senior Graphic Designer in Mumbai

Management Trainee in Mumbai

Branch Sales Manager in New Delhi

Avanse Financial Services Area Credit Manager Salary FAQs

Tell us how to improve this page.