GIC Housing Finance Area Manager Salaries by 3 Employees (Updated 2025)

8 - 24 years exp.

₹14 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

72% more than the average Area Manager Salary in NBFC Companies for 8 - 24 years of experience

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Salaries in different departments

Finance & Accounting Area Manager Salary 23 - 24 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr
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BFSI, Investments & Trading Area Manager Salary 8 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 12 Feb 2025

Companies similar to GIC Housing Finance for Area Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Manager Salary 6 - 17 years exp. (76 salaries)	₹5.7 L/yr - ₹20 L/yr 28% less
LIC Housing Finance Area Manager Salary 5 - 11 years exp. (29 salaries)	₹9 L/yr - ₹25 L/yr 11% more
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Sammaan Capital Limited Area Manager Salary 2 - 14 years exp. (7 salaries)	₹3.5 L/yr - ₹13.6 L/yr 53% less
PNB Housing Finance Area Manager Salary 7 - 15 years exp. (8 salaries)	₹8.3 L/yr - ₹11 L/yr 38% less
L&T Finance Area Manager Salary 5 - 12 years exp. (32 salaries)	₹4.9 L/yr - ₹15 L/yr 50% less
ICICI Home Finance Area Manager Salary 11 - 17 years exp. (6 salaries)	₹13 L/yr - ₹15 L/yr 14% less
Poonawalla Fincorp Area Manager Salary 5 - 13 years exp. (29 salaries)	₹2.7 L/yr - ₹9 L/yr 66% less
Capri Global Capital Area Manager Salary 7 - 18 years exp. (16 salaries)	₹6 L/yr - ₹11 L/yr 44% less
Mahindra Rural Housing Finance Area Manager Salary 10 - 17 years exp. (10 salaries)	₹9.3 L/yr - ₹14 L/yr 39% less
Electronica Finance Area Manager Salary 5 - 14 years exp. (9 salaries)	₹5.1 L/yr - ₹10.5 L/yr 56% less
Ess Kay Fincorp Area Manager Salary 7 - 12 years exp. (9 salaries)	₹6 L/yr - ₹8.7 L/yr 55% less
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Aavas Financiers Area Manager Salary 4 - 8 years exp. (6 salaries)	₹4.1 L/yr - ₹10 L/yr 54% less
Five-Star Business Finance Area Manager Salary 10 - 16 years exp. (6 salaries)	₹10 L/yr - ₹13.5 L/yr 40% less
Tata Capital Housing Finance Area Manager Salary 8 - 18 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 5% less
LendingKart Area Manager Salary 4 - 14 years exp. (4 salaries)	₹4.5 L/yr - ₹8 L/yr 63% less
Kotak Mahindra Prime Area Manager Salary 11 - 14 years exp. (4 salaries)	₹8.4 L/yr - ₹12.2 L/yr 42% less
IKF Finance Area Manager Salary 10 - 16 years exp. (4 salaries)	₹7.9 L/yr - ₹10.6 L/yr 47% less
MAS Financial Services Area Manager Salary 8 - 11 years exp. (4 salaries)	₹7.2 L/yr - ₹14.1 L/yr 36% less
Capital Trust Area Manager Salary 8 - 12 years exp. (3 salaries)	₹2.3 L/yr - ₹5.4 L/yr 80% less
Kogta Financial India Limited Area Manager Salary 7 - 19 years exp. (3 salaries)	₹7.2 L/yr - ₹10.1 L/yr 48% less

Area Manager salary at GIC Housing Finance ranges between ₹14 Lakhs to ₹18 Lakhs per year for employees with experience between 8 years to 24 years. Salary estimates are based on 3 latest salaries received from various employees of GIC Housing Finance.

Experience wise GIC Housing Finance Area Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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15+ years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr

Similar Designation salaries in GIC Housing Finance

Sales Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Branch Manager Salary

(31 salaries)

₹8.5 L/yr - ₹16 L/yr

Area Sales Manager Salary

(4 salaries)

₹4.5 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Relationship Manager Salary

(3 salaries)

₹3.5 L/yr - ₹3.5 L/yr

Sales Executive Salary

(8 salaries)

₹2 L/yr - ₹2.76 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Salary related reviews for GIC Housing Finance

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 06 Jun 2023

2.0

for Salary and Benefits

Likes

This company is good only salary paid to us time to time.

Skill development - Good

+4 more

Dislikes

This company paid salary time to time but salary not increase to all associates employees time to time also not give us bonus to all associates employee ,they have only increase salary and give bonus of permanent staff time to time.i have spent my 11yrs in this company with hard working but no body solve our salary and financial problem.

Salary - Poor

+1 more

Senior Executive in Mumbai

BFSI, Investments & Trading Department

1.0

• posted on 16 Jan 2019

3.0

for Salary and Benefits

Likes

Hopeless organisation. Only pay is decent. The company doesnot take care of its employees at all.

Dislikes

The company doesnot take care of the needs of the employees. The management is extremely faulty and judgmental.

Skill development - Bad

+4 more

Credit Underwriter in Faridabad

Full Time

Other Department

4.0

• posted on 21 Dec 2024

3.0

for Salary and Benefits

Likes

Culture of the company, job security, work life balance and minimum work pressure.

Job security - Excellent

+2 more

Dislikes

As there is limited work pressure, Thus, the chances of promotion is bare minimum, All the work is related to credit therefore, very limited salary appraisal lesser than the market standards. Outdated technology.

Senior Associate in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 27 Sep 2024

5.0

for Salary and Benefits

Likes

GIC housing finance ltd.comapny is govt.undertaking and this company give opportunity of office role person for growth of his/her work experience and this company give us salary time to time.

Salary - Excellent

+6 more

Dislikes

No any comments.

Executive in Kochi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 Oct 2023

5.0

for Salary and Benefits

Likes

It provides me a great learning opportunitie as i was able to learn about various aspects of credit processing and underwriting it also provides me with financial knowledge and skills required to know each consumer in there credit worthiness

Salary - Excellent

+5 more

Dislikes

The company should more involve in digital marketing and also should have more public involvement as it will lead to the growth of the business

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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.

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GIC Housing Finance Area Manager Salary FAQs

How the salary growth look like for a Area Manager at GIC Housing Finance in India?

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

Experience	Average Salary Range
8 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
15 years	₹16.2 Lakhs to ₹20.7 Lakhs per year

and so on.

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GIC Housing Finance Area Manager Salaries

GIC Housing Finance Area Manager salary in India ranges between ₹14 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 GIC Housing Finance latest salaries received from various employees of GIC Housing Finance.