Fedbank Financial Services Area Credit Manager Salaries by 40+ Employees (Updated 2024)

5 - 12 years exp.

₹9.2 Lakhs - ₹22.6 Lakhs

Salary of majority employees

23% more than the average Area Credit Manager Salary in NBFC Companies for 5 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 5 - 12 years exp. (25 salaries)	₹9.2 L/yr - ₹17.3 L/yr
Finance & Accounting Area Credit Manager Salary 5 - 12 years exp. (10 salaries)	₹12.5 L/yr - ₹18.8 L/yr
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Risk Management & Compliance Area Credit Manager Salary 6 - 11 years exp. (3 salaries)	₹11.5 L/yr - ₹22.6 L/yr

Last Updated: 6 Dec 2024

Companies similar to Fedbank Financial Services for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Area Credit Manager Salary 4 - 13 years exp. (95 salaries)	₹4.8 L/yr - ₹16 L/yr 30% less
HDFC Bank Area Credit Manager Salary 5 - 16 years exp. (214 salaries)	₹9.3 L/yr - ₹28.2 L/yr 28% more
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ICICI Bank Area Credit Manager Salary 1 - 14 years exp. (338 salaries)	₹5.2 L/yr - ₹19 L/yr 13% less
Kotak Mahindra Bank Area Credit Manager Salary 4 - 15 years exp. (97 salaries)	₹6.5 L/yr - ₹24 L/yr 1% more
Axis Bank Area Credit Manager Salary 6 - 14 years exp. (284 salaries)	₹6.5 L/yr - ₹25 L/yr 3% more
Aditya Birla Capital Area Credit Manager Salary 7 - 12 years exp. (64 salaries)	₹8.7 L/yr - ₹21 L/yr 2% less
Sammaan Capital Limited Area Credit Manager Salary 5 - 15 years exp. (49 salaries)	₹5.1 L/yr - ₹15.1 L/yr 30% less
L&T Finance Area Credit Manager Salary 3 - 13 years exp. (139 salaries)	₹6 L/yr - ₹22 L/yr 8% less
Mahindra Finance Area Credit Manager Salary 7 - 10 years exp. (7 salaries)	₹5.5 L/yr - ₹14 L/yr 37% less
Hero FinCorp Area Credit Manager Salary 4 - 13 years exp. (134 salaries)	₹7.3 L/yr - ₹20.4 L/yr 3% less
Bajaj Housing Finance Area Credit Manager Salary 2 - 10 years exp. (51 salaries)	₹6 L/yr - ₹16 L/yr 26% less
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Ugro Capital Area Credit Manager Salary 2 - 12 years exp. (50 salaries)	₹7.3 L/yr - ₹16 L/yr 23% less
PNB Housing Finance Area Credit Manager Salary 4 - 10 years exp. (50 salaries)	₹9 L/yr - ₹22 L/yr At par	1 job opening
SBFC Finance Area Credit Manager Salary 3 - 9 years exp. (31 salaries)	₹5 L/yr - ₹7.9 L/yr 56% less
India Shelter Finance Corporation Area Credit Manager Salary 2 - 14 years exp. (29 salaries)	₹5.9 L/yr - ₹12 L/yr 41% less
Vastu Housing Finance Area Credit Manager Salary 5 - 13 years exp. (27 salaries)	₹5.9 L/yr - ₹12 L/yr 40% less
Shubham Housing Development Finance Area Credit Manager Salary 8 - 12 years exp. (26 salaries)	₹6.5 L/yr - ₹12 L/yr 33% less
Tata Capital Housing Finance Area Credit Manager Salary 4 - 16 years exp. (19 salaries)	₹11 L/yr - ₹17.2 L/yr 5% more
InCred Finance Area Credit Manager Salary 4 - 11 years exp. (19 salaries)	₹9 L/yr - ₹15 L/yr 19% less
Electronica Finance Area Credit Manager Salary 5 - 9 years exp. (17 salaries)	₹4.5 L/yr - ₹7.7 L/yr 54% less

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Area Credit Manager salary at Fedbank Financial Services ranges between ₹9.2 Lakhs to ₹22.6 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 43 latest salaries received from various employees of Fedbank Financial Services.

Experience wise Fedbank Financial Services Area Credit Manager salaries

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
5 years (8 salaries)	₹11.3 L/yr - ₹14.5 L/yr
6 years (7 salaries)	₹11.5 L/yr - ₹15 L/yr
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7 years (6 salaries)	₹9.2 L/yr - ₹17.3 L/yr
8 years (6 salaries)	₹9.2 L/yr - ₹15.5 L/yr
9 years (5 salaries)	₹5.8 L/yr - ₹17 L/yr
10 years (5 salaries)	₹10 L/yr - ₹17 L/yr
11 years (AmbitionBox Estimate)	₹11 L/yr - ₹22.6 L/yr
12 years (4 salaries)	₹12 L/yr - ₹18.8 L/yr

View all

Similar Designation salaries in Fedbank Financial Services

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(7 salaries)

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Branch Credit Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Credit Manager Salary

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Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Regional Credit Manager Salary

(5 salaries)

₹12 L/yr - ₹24 L/yr

Assistant Credit Manager Salary

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Branch Manager Salary

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Sales Manager Salary

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Credit Officer Salary

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₹2.5 L/yr - ₹4.3 L/yr

Relationship Manager Salary

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₹2.25 L/yr - ₹5.5 L/yr

Top skills at Fedbank Financial Services for Area Credit Manager

Credit Management Credit Appraisal Loans Retail Credit Risk Quality Monitoring CAM Training Credit Appraisal Social Media Training Management Management Sales Risk Compliance CAM

Salary related reviews for Fedbank Financial Services

4.9

Rated by 4 employees for salary & benefits

Regional Credit Head in Bangalore / Bengaluru

Risk Management & Compliance Department

5.0

• posted on 09 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Importance given to adhere company values.If any one skilful will get a chance express and explore the things. Top management is very good and it's employee friendly company.

Dislikes

...be there.But I want take positive thing's . Can't express drastic career growth.Compensation not so great. Some work culture with in our department needs improvement and confusion with department structure is misunderstood and mis utilised...

Graphic Designer in Andheri

Full Time

UX, Design & Architecture Department

5.0

• posted on 19 Apr 2022

5.0

for Salary and Benefits

Likes

... of experience in their field , while working with them I learnt so many things. Company policies are good and they give good salary hike. Happy to work with them.

Dislikes

There is no such thinngs

Customer Service Executive in Salem

Gold Loan Department

3.0

• posted on 29 Mar 2021

4.0

for Salary and Benefits

Likes

Salary given was good.

Dislikes

No proper training given. There is designation of RE and CSE is not fair. Bcoz there should be equal importance given to both sales and operations. My Suggestion was to maintain both the roles given to each staff. Then only coordination of the staff can be possible.rating of sales and ops should be same for every staff. This is my humble request to be consider. If it is done means each one can given sales and also avoid operation deviation.

Legal Manager in Mumbai

Legal & Regulatory Department

1.0

• posted on 27 Aug 2022

1.0

for Salary and Benefits

Likes

You get to learn all the aspects of loan disbursement

Dislikes

Zero work life balance. Your work is not appreciated with compensation. When you speak to HR about the same they don’t even listen to you neither do they take any actions

Relationship Executive in Vijayawada

Other Department

4.0

• posted on 26 Sep 2018

1.0

for Salary and Benefits

Likes

There is no Training,job security there is no problem,career no growth,salary is in time is good no appraisals, no travel expenses,politics is very important too much politics,no leraning only working, work environments is good

Dislikes

No career

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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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Fedbank Financial Services Area Credit Manager Salary FAQs

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

Area Credit Manager salary at Fedbank Financial Services in India ranges between ₹9.2 Lakhs to ₹22.6 Lakhs for experience between 5 years to 12 years. According to our estimates it is 23% more than the average Area Credit Manager Salary in India. Salary estimates are based on 43 latest salaries received from various employees of Fedbank Financial Services India.

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

The average salary of a Area Credit Manager at Fedbank Financial Services is 23% more than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

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

Credit Management, Credit Appraisal, Loans, Retail and Credit Risk are some of the popular skills required to work as a Area Credit Manager at Fedbank Financial Services India.

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

HDFC Bank Area Credit Manager Salary - ₹9.3 Lakhs to ₹28.2 Lakhs per year
LIC Housing Finance Area Credit Manager Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year
Tata Capital Housing Finance Area Credit Manager Salary - ₹11.0 Lakhs to ₹17.2 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹24.0 Lakhs per year

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

PNB Housing Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
Aditya Birla Capital Area Credit Manager Salary - ₹8.7 Lakhs to ₹21.0 Lakhs per year
Hero FinCorp Area Credit Manager Salary - ₹7.3 Lakhs to ₹20.4 Lakhs per year
Kotak Mahindra Prime Area Credit Manager Salary - ₹7.0 Lakhs to ₹15.3 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹6.0 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at Fedbank Financial Services ranges between ₹1,00,567 per month to ₹1,03,307 per month in India. The take-home salary calculation is based on the average Fedbank Financial Services Area Credit Manager salary in India which ranges between ₹9.2 Lakhs to ₹22.6 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Fedbank Financial Services?

According to AmbitionBox, 90% of the Fedbank Financial Services Area Credit Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 29 responses on AmbitionBox in last 2 years.

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Fedbank Financial Services Area Credit Manager Salaries

Fedbank Financial Services Area Credit Manager salary in India ranges between ₹9.2 Lakhs to ₹22.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 Fedbank Financial Services latest salaries received from various employees of Fedbank Financial Services.