Finova Capital Area Credit Manager Salaries by 20+ Employees

4 - 13 years exp.

₹5.4 Lakhs - ₹11.2 Lakhs

Salary of majority employees

28% less than the average Area Credit Manager Salary in NBFC Companies for 4 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Area Credit Manager Salary 6 - 10 years exp. (10 salaries)	₹6 L/yr - ₹11 L/yr
BFSI, Investments & Trading Area Credit Manager Salary 4 - 13 years exp. (8 salaries)	₹5.4 L/yr - ₹11.2 L/yr
Login to view exact salary
Risk Management & Compliance Area Credit Manager Salary 4 - 6 years exp. (3 salaries)	₹7 L/yr - ₹9.7 L/yr

Last Updated: 23 Nov 2024

Companies similar to Finova Capital for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Hero FinCorp Area Credit Manager Salary 5 - 13 years exp. (132 salaries)	₹7.3 L/yr - ₹21.1 L/yr 69% more	1 job opening
Bajaj Housing Finance Area Credit Manager Salary 2 - 10 years exp. (55 salaries)	₹6 L/yr - ₹16 L/yr 27% more
Login to view exact salary
Tyger Capital Area Credit Manager Salary 6 - 15 years exp. (52 salaries)	₹5.3 L/yr - ₹11.2 L/yr 3% less
PNB Housing Finance Area Credit Manager Salary 5 - 10 years exp. (51 salaries)	₹9 L/yr - ₹22 L/yr 77% more
Ugro Capital Area Credit Manager Salary 3 - 10 years exp. (47 salaries)	₹8.5 L/yr - ₹16 L/yr 31% more
Sammaan Capital Limited Area Credit Manager Salary 5 - 15 years exp. (45 salaries)	₹5.1 L/yr - ₹14.1 L/yr 17% more
India Shelter Finance Corporation Area Credit Manager Salary 3 - 14 years exp. (27 salaries)	₹5.9 L/yr - ₹12.5 L/yr 2% less
Shubham Housing Development Finance Area Credit Manager Salary 8 - 12 years exp. (26 salaries)	₹6.5 L/yr - ₹12 L/yr 10% more
Electronica Finance Area Credit Manager Salary 4 - 9 years exp. (21 salaries)	₹4.5 L/yr - ₹7.8 L/yr 28% less
Tata Capital Housing Finance Area Credit Manager Salary 4 - 14 years exp. (20 salaries)	₹11 L/yr - ₹20.7 L/yr 79% more
InCred Finance Area Credit Manager Salary 4 - 11 years exp. (19 salaries)	₹9 L/yr - ₹15 L/yr 35% more
Login to view exact salary
IKF Finance Area Credit Manager Salary 7 - 10 years exp. (8 salaries)	₹9.6 L/yr - ₹14 L/yr 34% more
Kotak Mahindra Prime Area Credit Manager Salary 7 - 10 years exp. (6 salaries)	₹10 L/yr - ₹15.3 L/yr 46% more
Hinduja Leyland Finance Area Credit Manager Salary 4 - 16 years exp. (6 salaries)	₹4.8 L/yr - ₹11.4 L/yr 9% more
LIC Housing Finance Area Credit Manager Salary 4 - 20 years exp. (4 salaries)	₹8.5 L/yr - ₹20 L/yr 75% more
Vistaar Finance Area Credit Manager Salary 3 - 16 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 6% more
MAS Financial Services Area Credit Manager Salary 7 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹6.7 L/yr 37% less
Dvara KGFS Area Credit Manager Salary 12 - 15 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 25% less
Light Microfinance Area Credit Manager Salary 0 - 3 years exp. (3 salaries)	₹3.1 L/yr - ₹4.8 L/yr 53% less

Area Credit Manager salary at Finova Capital ranges between ₹5.4 Lakhs to ₹11.2 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 23 latest salaries received from various employees of Finova Capital.

Experience wise Finova Capital Area Credit Manager salaries

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹14.2 L/yr
Login to view exact salary
6 years (6 salaries)	₹6 L/yr - ₹9.5 L/yr
7 years (4 salaries)	₹7 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)	₹8 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.9 L/yr
10 years (3 salaries)	₹7.4 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹11.2 L/yr
12 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
13 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.2 L/yr

View all

From

Area Credit Manager

4 - 13 years exp.

Regional Credit Manager

7 - 19 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Finova Capital

Branch Credit Manager Salary

(107 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Credit Manager Salary

(38 salaries)

₹2.45 L/yr - ₹5.5 L/yr

Cluster Credit Manager Salary

(23 salaries)

₹4.2 L/yr - ₹8 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Regional Credit Manager Salary

(16 salaries)

₹12 L/yr - ₹21 L/yr

Assistant Credit Manager Salary

(5 salaries)

₹2 L/yr - ₹4 L/yr

Branch Manager Salary

(149 salaries)

₹2.2 L/yr - ₹6 L/yr

Sales Manager Salary

(4 salaries)

₹2.1 L/yr - ₹3.8 L/yr

Credit Officer Salary

(3 salaries)

₹2.3 L/yr - ₹2.5 L/yr

Relationship Manager Salary

(56 salaries)

₹1.8 L/yr - ₹4 L/yr

Top skills at Finova Capital for Area Credit Manager

Credit Appraisal Risk Management Credit Credit Underwriting Lap Credit Risk Management Business Loan Mortgage Loans Credit Risk Analysis Credit Evaluation

Salary related reviews for Finova Capital

4.1

Rated by 10 employees for salary & benefits

Branch Credit Manager in Eluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Promotions - Good

Dislikes

Salary credit 2day, every time team call with vc work distabence, bcm will do all works. No proper work life, complete sales orianted company sales presure high. Collection presure high to bcm.. TRAVEL 200 KM ALSO FOR OTHER BRANCH WORKS My sugistion dont prefer.. My rate is ZEROOOO.

Skill development - Poor

+3 more

Branch Credit Manager in Hoshangabad

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2022

5.0

for Salary and Benefits

Likes

...nagement is transparent. There is 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 - Excellent

+6 more

Branch Credit Manager in Rajasthan

BFSI, Investments & Trading Department

3.0

• posted on 08 Jun 2022

3.0

for Salary and Benefits

Likes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow there is a bond of year before which you cannot resign on the job training is not given to new joinees

Senior Legal Executive in New Delhi

Full Time

Legal & Regulatory Department

1.0

• posted on 17 Sep 2024

2.0

for Salary and Benefits

Likes

- Salary is on time

Dislikes

- No set working hours. You have to work uptill 11 pm and there is no holiday even every sunday will be a working day (except first sunday) - work pressuis immense, you will definitely went into depression if you spent 6 months in this company. Totally sales oriented no other department have any kind of respect or hearing.

Salary - Poor

+6 more

Senior Branch Manager in Jaipur Chomu

Full Time

Sales & Business Development Department

5.0

• posted on 03 Aug 2023

5.0

for Salary and Benefits

Likes

...any. There is 100% transparency in the process. Stability Benefit is available. Salary date is fix. Incentive date is fix.

Salary - Excellent

+6 more

Dislikes

Fc not in time. SOA not in time. LOD not in time. Bus or koi kami nhi h.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about Finova Capital?

Ask anonymously on communities.

Finova Capital Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Finova Capital ?

The average salary of a Area Credit Manager at Finova Capital in India typically ranges from ₹5.4 Lakhs to ₹11.2 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Area Credit Manager at Finova Capital earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.2 Lakhs per year. Area Credit Manager Salaries at Finova Capital 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 20+ Finova Capital employees in India.

What is the estimated take home salary of a Area Credit Manager at Finova Capital in India?

The estimated take-home salary of a Area Credit Manager at Finova Capital in India typically ranges from ₹63,725 to ₹65,347 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹11.2 Lakhs per year for employees with experience ranging from 4 years to 13 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 20+ salaries received from various employees of Finova Capital. 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 Finova Capital ?

To be a Area Credit Manager at Finova Capital in india, the key skills required include:

- Credit Appraisal
- Risk Management
- Credit
- Credit Underwriting
- Lap

These skills are highly valued at Finova Capital and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Finova Capital for Area Credit Manager in India?

Tata Capital Housing Finance	₹11.0 Lakhs to ₹20.7 Lakhs per year
PNB Housing Finance	₹9.0 Lakhs to ₹22.0 Lakhs per year
LIC Housing Finance	₹8.5 Lakhs to ₹20.0 Lakhs per year
Hero FinCorp	₹7.3 Lakhs to ₹21.1 Lakhs per year
Kotak Mahindra Prime	₹10.0 Lakhs to ₹15.3 Lakhs per year

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

What is the salary of a Area Credit Manager in companies similar to Finova Capital in India?

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

InCred Finance	₹9.0 Lakhs to ₹15.0 Lakhs per year
IKF Finance	₹9.6 Lakhs to ₹14.0 Lakhs per year
Ugro Capital	₹8.5 Lakhs to ₹16.0 Lakhs per year
Bajaj Housing Finance	₹6.0 Lakhs to ₹16.0 Lakhs per year
Sammaan Capital Limited	₹5.1 Lakhs to ₹14.1 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 Area Credit Manager at Finova Capital in India?

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

Experience	Average Salary Range
4 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
5 years	₹5.4 Lakhs to ₹14.2 Lakhs per year
6 years	₹6.0 Lakhs to ₹9.5 Lakhs per year
7 years	₹7.0 Lakhs to ₹10.0 Lakhs per year

and so on.

Tell us how to improve this page.

Finova Capital Area Credit Manager Salaries by Location

Home >
Salaries >
Finova Capital Salaries >
Finova Capital Area Credit Manager Salaries

Finova Capital Area Credit Manager salary in India ranges between ₹5.4 Lakhs to ₹11.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Finova Capital latest salaries received from various employees of Finova Capital.