CreditAccess Grameen Senior Area Manager Salaries by 4 Employees

6 - 16 years exp.

₹3.9 Lakhs - ₹8.7 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Senior Area Manager Salary in NBFC Companies for 6 - 16 years of experience

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Salaries in different departments

Finance & Accounting Senior Area Manager Salary 16 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr
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Sales & Business Development Senior Area Manager Salary 16 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.6 L/yr

Last Updated: 31 Jul 2024

Companies similar to CreditAccess Grameen for Senior Area Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Area Manager Salary 5 - 14 years exp. (187 salaries)	₹7.1 L/yr - ₹18.7 L/yr 118% more	6 job openings
Muthoot Fincorp Senior Area Manager Salary 11 - 19 years exp. (36 salaries)	₹6 L/yr - ₹11 L/yr 51% more
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Fusion Microfinance Senior Area Manager Salary 6 - 13 years exp. (31 salaries)	₹4.8 L/yr - ₹6.7 L/yr 5% less
Muthoot Microfin Senior Area Manager Salary 6 - 9 years exp. (6 salaries)	₹5 L/yr - ₹5.6 L/yr 12% less
Annapurna Finance Senior Area Manager Salary 3 - 17 years exp. (6 salaries)	₹8 L/yr - ₹8.4 L/yr 36% more
L&T Finance Senior Area Manager Salary 8 - 12 years exp. (5 salaries)	₹7 L/yr - ₹17.8 L/yr 105% more
Home Credit Finance Senior Area Manager Salary 10 - 12 years exp. (4 salaries)	₹12.5 L/yr - ₹13.5 L/yr 116% more
TVS Credit Senior Area Manager Salary 10 - 18 years exp. (4 salaries)	₹4 L/yr - ₹33 L/yr 159% more
Spandana Sphoorty Financial Senior Area Manager Salary 9 - 10 years exp. (3 salaries)	₹7.3 L/yr - ₹10.3 L/yr 38% more
Shriram Finance Senior Area Manager Salary 2 - 15 years exp. (3 salaries)	₹3.4 L/yr - ₹7.5 L/yr 2% less
HDB Financial Services Senior Area Manager Salary 8 - 12 years exp. (3 salaries)	₹13.5 L/yr - ₹17.5 L/yr 149% more
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Senior Area Manager salary at CreditAccess Grameen ranges between ₹3.9 Lakhs to ₹8.7 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of CreditAccess Grameen.

Experience wise CreditAccess Grameen Senior Area Manager salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
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8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
12 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
13 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
14 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
15+ years (AmbitionBox Estimate)	₹7 L/yr - ₹8.7 L/yr

View all

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₹2.8 L/yr - ₹3.6 L/yr

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Salary related reviews for CreditAccess Grameen

4.8

Rated by 3 employees for salary & benefits

Branch Manager in Full Time Office

Full Time

Finance & Accounting Department

3.0

• posted on 27 Dec 2024

4.0

for Salary and Benefits

Likes

Good Company but Chennai division manager Mr.Kannan very bad

Salary - Good

+4 more

Dislikes

Chennai division DM mr.Kannan ask daily customer to bill deposit their my salary & tell not allowed to new PAR..😡 I have loss Rs.175000 due to pressure from chennai divisional manager Mr.Kannan sir...😥😥 Chennai division many staff attrition ... Now i am reliving this company 😥

Promotions - Poor

Business Development Manager

Full Time

Marketing & Communication Department

4.0

• posted on 19 Jun 2019

4.0

for Salary and Benefits

Likes

After starting retail financial services company is growth is good, company shares also increased, the culture of company is awesome employees can easily balance there work and personal life.

Salary - Good

+6 more

Dislikes

Drawback is salary and incentives to entry level employees are too low, appraisal time is too long they I'll take around 60 days to finalize the appraisal.

Branch Manager in Nagpur

Finance & Accounting Department

4.0

• posted on 12 Apr 2021

4.0

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 - Good

+6 more

Assistant Operations Excellence Manager in Bangalore / Bengaluru

Full Time

Product Management Department

4.0

• posted on 28 Sep 2024

3.0

for Salary and Benefits

Likes

A great place to work. Amazing culture. Seniors are very helpful and Humble. Everyone is supportive. Appraisal is the best part as every year we get good bonus and hike. Work life balance is great

Job security - Excellent

+4 more

Dislikes

Salary is not satisfactory.

Recovery Executive in Bhinmal

Full Time

Finance & Accounting Department

3.0

• posted on 30 Aug 2024

5.0

for Salary and Benefits

Likes

Working at Credit Access Grameen, a leading microfinance institution in India, can offer several benefits. Employees often appreciate the organization's commitment to financial inclusion and the positive social impact it creates by providing credit to underserved communities. The company culture usually emphasizes teamwork, growth, and learning opportunities. Additionally, being part of a mission-driven organization can be personally rewarding, as you contribute to empowering individuals and fostering economic development in low-income areas.

Salary - Excellent

+6 more

Dislikes

...perceived or real limitations in career advancement or professional development. Compensation: Some employees might feel that the salary and benefits do not align with their level of responsibility or industry standards. Work-Life Balance: The demands of the job might impact personal time and work-life balance. Organizational Changes: Frequent changes in company policies or leadership might create an unstable work environment. These points can vary based on role, location, and individual experiences.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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CreditAccess Grameen Senior Area Manager Salary FAQs

What is the salary of Senior Area Manager at CreditAccess Grameen ?

The average salary of a Senior Area Manager at CreditAccess Grameen in India typically ranges from ₹3.9 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Senior Area Manager at CreditAccess Grameen earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹8.7 Lakhs per year. Senior Area Manager Salaries at CreditAccess Grameen 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 CreditAccess Grameen employees in India.

What is the estimated take home salary of a Senior Area Manager at CreditAccess Grameen in India?

The estimated take-home salary of a Senior Area Manager at CreditAccess Grameen in India typically ranges from ₹45,740 to ₹46,825 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹8.7 Lakhs per year for employees with experience ranging from 6 years to 16 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 CreditAccess Grameen. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than CreditAccess Grameen for Senior Area Manager in India?

TVS Credit	₹4.0 Lakhs to ₹33.0 Lakhs per year
HDB Financial Services	₹13.5 Lakhs to ₹17.5 Lakhs per year
Bajaj Finance	₹7.1 Lakhs to ₹18.7 Lakhs per year
Home Credit Finance	₹12.5 Lakhs to ₹13.5 Lakhs per year
L&T Finance	₹7.0 Lakhs to ₹17.8 Lakhs per year

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

What is the salary of a Senior Area Manager in companies similar to CreditAccess Grameen in India?

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

Muthoot Fincorp	₹6.0 Lakhs to ₹11.0 Lakhs per year
Spandana Sphoorty Financial	₹7.3 Lakhs to ₹10.3 Lakhs per year
Annapurna Finance	₹8.0 Lakhs to ₹8.4 Lakhs per year
Shriram Finance	₹3.4 Lakhs to ₹7.5 Lakhs per year
Fusion Microfinance	₹4.8 Lakhs to ₹6.7 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 Senior Area Manager at CreditAccess Grameen in India?

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

Experience	Average Salary Range
6 years	₹3.9 Lakhs to ₹7.5 Lakhs per year
7 years	₹1.8 Lakhs to ₹4.8 Lakhs per year
8 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
9 years	₹4.8 Lakhs to ₹6.1 Lakhs per year

and so on.

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CreditAccess Grameen Senior Area Manager Salaries

CreditAccess Grameen Senior Area Manager salary in India ranges between ₹3.9 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 CreditAccess Grameen latest salaries received from various employees of CreditAccess Grameen.