Fedbank Financial Services Chandigarh Area Credit Manager Salaries by 4 Employees

5 - 8 years exp.

₹11 Lakhs - ₹13.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Area Credit Manager Salary in NBFC Companies for 5 - 8 years of experience

Interested in this particular role?

Last Updated: 30 Apr 2023

Companies similar to Fedbank Financial Services for Area Credit Manager in Chandigarh

Fedbank Financial Services Area Credit Manager Salary

5 - 8 years exp. (4 salaries)

₹11 L/yr - ₹13.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Housing Finance Area Credit Manager Salary 8 - 14 years exp. (7 salaries)	₹11 L/yr - ₹20.7 L/yr 9% more
ICICI Bank Area Credit Manager Salary 2 - 9 years exp. (13 salaries)	₹6.8 L/yr - ₹19.5 L/yr 2% more
Login to view exact salary
IndusInd Bank Area Credit Manager Salary 5 - 16 years exp. (12 salaries)	₹9.3 L/yr - ₹18 L/yr 6% more	5 job openings
Axis Bank Area Credit Manager Salary 6 - 12 years exp. (10 salaries)	₹9.5 L/yr - ₹21 L/yr 17% more
Tata Capital Area Credit Manager Salary 5 - 11 years exp. (8 salaries)	₹10.2 L/yr - ₹25 L/yr 30% more	9 job openings

Area Credit Manager salary at Fedbank Financial Services ranges between ₹11 Lakhs to ₹13.9 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Fedbank Financial Services.

Experience wise Fedbank Financial Services Area Credit Manager salaries in Chandigarh

Last Updated: 30 Apr 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
6 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
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7 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
8 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr

Similar Designation salaries in Fedbank Financial Services

Relationship Manager Salary

(5 salaries)

₹3.35 L/yr - ₹4.7 L/yr

Sales Manager Salary

(3 salaries)

₹5.2 L/yr - ₹6.75 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

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.

Skill development - Excellent

+4 more

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.

Salary - Excellent

+6 more

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.

Salary - 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.

Skill development - Poor

+1 more

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

Skill development - Good

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

Salary - Bad

+4 more

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

Skill development - Excellent

+2 more

Dislikes

No career

Salary - Bad

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Fedbank Financial Services Area Credit Manager Salary FAQs

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

The average salary of a Area Credit Manager at Fedbank Financial Services in Chandigarh typically ranges from ₹11.0 Lakhs to ₹13.9 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Area Credit Manager in Chandigarh at Fedbank Financial Services earn more than ₹13.9 Lakhs per year, and the top 1% earn over ₹13.9 Lakhs per year. Area Credit Manager Salaries at Fedbank 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 Fedbank Financial Services employees in India.

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

The estimated take-home salary of a Area Credit Manager at Fedbank Financial Services in Chandigarh typically ranges from ₹94,802 to ₹97,356 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹13.9 Lakhs per year for employees with experience ranging from 5 years to 8 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 Fedbank 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 Fedbank Financial Services in Chandigarh?

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

- Credit Management
- Credit Appraisal
- Loans
- Retail
- Credit Risk

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

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

Tata Capital	₹10.2 Lakhs to ₹25.0 Lakhs per year
Axis Bank	₹9.5 Lakhs to ₹21.0 Lakhs per year
Tata Capital Housing Finance	₹11.0 Lakhs to ₹20.7 Lakhs per year
IndusInd Bank	₹9.3 Lakhs to ₹18.0 Lakhs per year
ICICI Bank	₹6.8 Lakhs to ₹19.5 Lakhs per year

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

How the salary growth look like for a Area Credit Manager at Fedbank Financial Services in Chandigarh?

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

Experience	Average Salary Range
5 years	₹12.2 Lakhs to ₹15.5 Lakhs per year
6 years	₹12.2 Lakhs to ₹15.5 Lakhs per year
7 years	₹12.2 Lakhs to ₹15.5 Lakhs per year
8 years	₹12.2 Lakhs to ₹15.5 Lakhs per year

and so on.

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Fedbank Financial Services Area Credit Manager Salaries in Chandigarh

Fedbank Financial Services Area Credit Manager salary in Chandigarh ranges between ₹11 Lakhs to ₹13.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Fedbank Financial Services latest salaries received from various employees of Fedbank Financial Services.