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Edelweiss Area Credit Manager salaries in Mumbai

Annual salary range
4 - 11 years exp.
₹10 Lakhs - ₹15.1 Lakhs
Salary of majority employees
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7% less than the average Area Credit Manager Salary in Financial Services Companies for 4 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
4 - 11 years exp. (4 salaries)
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₹11.8 L/yr - ₹15.1 L/yr

Finance & Accounting
Area Credit Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹11.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Edelweiss for Area Credit Manager in Mumbai

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Edelweiss Area Credit Manager Salary

4 - 11 years exp. (6 salaries)

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₹10 L/yr - ₹15.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹10 L/yr - ₹16 L/yr

arrow icon 16% more
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JM Financial Area Credit Manager Salary

5 - 14 years exp. (3 salaries)

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₹15 L/yr - ₹18 L/yr

arrow icon 34% more
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ICICI Bank Area Credit Manager Salary

2 - 13 years exp. (41 salaries)

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₹7.8 L/yr - ₹19 L/yr

arrow icon 9% more
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L&T Finance Area Credit Manager Salary

4 - 13 years exp. (33 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 6% more
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HDFC Bank Area Credit Manager Salary

5 - 15 years exp. (25 salaries)

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₹7.5 L/yr - ₹26 L/yr

arrow icon 49% more
Area Credit Manager salary at Edelweiss ranges between ₹10 Lakhs to ₹15.1 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Edelweiss.

Experience wise Edelweiss Area Credit Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹9.8 L/yr - ₹12.5 L/yr
5 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.4 L/yr
7 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
8 years (AmbitionBox Estimate)

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₹11.2 L/yr - ₹14.3 L/yr
View all

Similar Designation salaries in Edelweiss

Credit Officer Salary
(62 salaries)
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₹2 L/yr - ₹4.3 L/yr
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₹2.5 L/yr - ₹6 L/yr
Sales Manager Salary
(20 salaries)
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₹4.35 L/yr - ₹10.5 L/yr
Credit Manager Salary
(17 salaries)
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₹3.5 L/yr - ₹10.7 L/yr
Branch Manager Salary
(9 salaries)
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₹4.2 L/yr - ₹10 L/yr
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₹10 L/yr - ₹14 L/yr
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₹7 L/yr - ₹10.3 L/yr

Salary related reviews for Edelweiss

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 10 Oct 2023

2.0
 for  Salary and Benefits

Likes

Sat sun weekly off Average work culture Employee oriented culture

  • Job security - Good

Dislikes

...over month end Aggressive sales team Poor promotion Poor compliance management Cost cutting

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 06 Mar 2022

3.0
 for  Salary and Benefits

Likes

Good Experience work in edelweiss and, work freely and fredamly no any pressure and worklord onchead ,good work experience.No any Dislikes coment

read more
  • Skill development - Excellent
  • +5 more

Dislikes

...omment is dislikes ,i have work more than 4and half years but,as a financially .there has been growth, and no any salary growth shows in last 4 year .finally i have left the job for financial and salary.

read more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 21 Jun 2022

3.0
 for  Salary and Benefits

Likes

Salary on time, system is too good and working culture is very well

  • Skill development - Good
  • +1 more

Dislikes

They have only 1 product LAP only self-employed profile, where turnover is more than 1 crore. They are doing only Approved and Regularized property but ROI is 2% to 2.5% is above than other banks. They want cream file like HDFC Bank but not offer HDFC Bank ROI.

read more
  • Work satisfaction - Bad

Finance & Accounting Department

5.0
  •  posted on 29 Nov 2020

3.0
 for  Salary and Benefits

Likes

Edelweiss was taking care of thier employees in lockdown also give salary time to time. Work culture is very good and have great experience to work with edelwiess.

read more
  • Skill development - Good
  • +4 more

Dislikes

There are some issue but i dont want to share it about company. Over all it is good company.

Finance Department

5.0
  •  posted on 30 Jul 2020

3.0
 for  Salary and Benefits

Likes

...ment and culture. Teammates are supportive and the management is transparent. Edelweiss group will close the SME Lending entity soon that's why i lost my job otherwise company policies are good, appraisals are fair and they give good salary hike.

read more
  • Skill development - Good
  • +3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but carrer growth is slow. On the job training is not given to new joinees.

read more
  • Job security - Poor
see more salary related reviews

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Edelweiss Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Edelweiss in Mumbai?
The average salary of a Area Credit Manager at Edelweiss in Mumbai typically ranges from ₹10.0 Lakhs to ₹15.1 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Area Credit Manager in Mumbai at Edelweiss earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.1 Lakhs per year. Area Credit Manager Salaries at Edelweiss 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 6 Edelweiss employees in India.
What is the estimated take home salary of a Area Credit Manager at Edelweiss in Mumbai?
The estimated take-home salary of a Area Credit Manager at Edelweiss in Mumbai typically ranges from ₹85,561 to ₹87,801 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹15.1 Lakhs per year for employees with experience ranging from 4 years to 11 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 6 salaries received from various employees of Edelweiss. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Edelweiss for Area Credit Manager in India?
HDFC Bank ₹7.5 Lakhs to ₹26.0 Lakhs per year
JM Financial ₹15.0 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Capital ₹10.0 Lakhs to ₹16.0 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 Edelweiss, depending on the role and experience level.
How the salary growth look like for a Area Credit Manager at Edelweiss in Mumbai?
The salary growth for a Area Credit Manager at Edelweiss 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 Edelweiss:

Experience Average Salary Range
4 years ₹9.8 Lakhs to ₹12.5 Lakhs per year
5 years ₹10.1 Lakhs to ₹13.0 Lakhs per year
6 years ₹10.5 Lakhs to ₹13.4 Lakhs per year
7 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
and so on.

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Edelweiss Area Credit Manager salary in Mumbai ranges between ₹10 Lakhs to ₹15.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Edelweiss latest salaries received from various employees of Edelweiss.