HDB Financial Services Chennai Area Credit Manager Salaries by 10+ Employees (Updated 2025)

5 - 18 years exp.

₹8.8 Lakhs - ₹15 Lakhs

Salary of majority employees

13% less than the average Area Credit Manager Salary in NBFC Companies for 5 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 5 - 18 years exp. (9 salaries)	₹8.9 L/yr - ₹15 L/yr
Finance & Accounting Area Credit Manager Salary 9 - 14 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹12 L/yr
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Risk Management & Compliance Area Credit Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹12.4 L/yr

Last Updated: 14 Jul 2024

Companies similar to HDB Financial Services for Area Credit Manager in Chennai

HDB Financial Services Area Credit Manager Salary

5 - 18 years exp. (14 salaries)

₹8.8 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Area Credit Manager Salary 4 - 9 years exp. (5 salaries)	₹6.5 L/yr - ₹12 L/yr 12% less
HDFC Bank Area Credit Manager Salary 8 - 14 years exp. (4 salaries)	₹8 L/yr - ₹19.8 L/yr 66% more
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ICICI Bank Area Credit Manager Salary 1 - 13 years exp. (41 salaries)	₹5.6 L/yr - ₹18 L/yr 15% more
Axis Bank Area Credit Manager Salary 5 - 14 years exp. (12 salaries)	₹8 L/yr - ₹18.2 L/yr 30% more
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (11 salaries)	₹12.2 L/yr - ₹19.5 L/yr 66% more	11 job openings
Aditya Birla Finance Area Credit Manager Salary 6 - 14 years exp. (10 salaries)	₹10.8 L/yr - ₹18 L/yr 26% more
L&T Finance Area Credit Manager Salary 3 - 12 years exp. (9 salaries)	₹10.3 L/yr - ₹13.4 L/yr 18% more
Hero FinCorp Area Credit Manager Salary 5 - 12 years exp. (4 salaries)	₹9 L/yr - ₹14.2 L/yr 25% more	1 job opening
Mahindra Finance Area Credit Manager Salary 7 - 10 years exp. (3 salaries)	₹5.5 L/yr - ₹14 L/yr 20% less
Aditya Birla Capital Area Credit Manager Salary 7 - 10 years exp. (3 salaries)	₹8.7 L/yr - ₹20.2 L/yr 26% more

Area Credit Manager salary at HDB Financial Services ranges between ₹8.8 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 14 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Area Credit Manager salaries in Chennai

Last Updated: 14 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹17.6 L/yr
6 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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7 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
8 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹18.7 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12 L/yr
10 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11.5 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹20.7 L/yr
14 years (3 salaries)	₹9.2 L/yr - ₹21.1 L/yr
15+ years (4 salaries)	₹10.2 L/yr - ₹15 L/yr

View all

Similar Designation salaries in HDB Financial Services

Sales Manager Salary

(100 salaries)

₹1.2 L/yr - ₹5.5 L/yr

Branch Credit Manager Salary

(70 salaries)

₹3 L/yr - ₹7.8 L/yr

Credit Manager Salary

(61 salaries)

₹2.5 L/yr - ₹7.2 L/yr

Branch Manager Salary

(41 salaries)

₹6.25 L/yr - ₹15 L/yr

Credit Officer Salary

(28 salaries)

₹1.2 L/yr - ₹3.74 L/yr

Top skills at HDB Financial Services for Area Credit Manager

Credit Underwriting Credit Appraisal Credit Analysis Credit Underwriting Portfolio Management mortgage Financial Statements Team Management Credit Processing Credit Management Team Building EMI Service Delivery Analytics

Salary related reviews for HDB Financial Services

4.4

Rated by 3 employees for salary & benefits

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

Credit Relationship Manager in Ankleshwar

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 24 Oct 2024

2.0

for Salary and Benefits

Likes

Learning Purposes it is goood but not good life long time.

Skill development - Good

Dislikes

Everything 1 Salary structure 2 Leave not giving which is considered as Leave on system but if they mail " Tomorrow is normal working day " u must come to branch, Shame thing to work with them.

Salary - Poor

+4 more

Sales Manager in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

Job security - Poor

+1 more

Sales Officer in Indore

Full Time

Sales & Business Development Department

3.0

• posted on 29 Sep 2024

3.0

for Salary and Benefits

Likes

Working in Hdb is very good 😊 Easy Loans Quick Process Good Environment Good incentive And etc

Dislikes

...n pressure and customer don't pay emi you self fund on emi and pay customer emi. Where employee is 10k salary where he pay customer emi this thing is worst.Then senior Demanding Higher Targets Example - Your new joined and your 1st month Target is 10 lakh and you achieved target senior Demanding next month 20 lakh and your not achieved target senior denied you to take leave and 1st Saturday Sunday is off senior say doing work in market.Company Is continue doing work on Saturday Sunday all employees are frusted there is no social and life balance.There Is very office Politics.Where some employees doing nothing senior don't say anything there employees all target pending login pending and collection pending those employees Senior Don't say anything and some employee doing 1 loan in month and some do many more but who did more company demand more and who don't do more company don't want more.this is very big problem in this company.There is no Senior Support Who talk upper level senior for discussion some case.All thing Doing self Login to Disbursement .Customer Service Is very worst .

Work-life balance - Poor

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Salary - Good

+1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Skill development - Poor

+2 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDB Financial Services Area Credit Manager Salary FAQs

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

Area Credit Manager salary at HDB Financial Services in Chennai ranges between ₹8.8 Lakhs to ₹15.0 Lakhs for experience between 5 years to 18 years. According to our estimates it is 13% less than the average Area Credit Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of HDB Financial Services Chennai.

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

The average salary of a Area Credit Manager at HDB Financial Services is 13% less than the average salary of a Area Credit Manager in Chennai. To know exact salary insights, login to view.

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

Credit Underwriting, Credit Appraisal, Credit Analysis, Credit and Underwriting are some of the popular skills required to work as a Area Credit Manager at HDB Financial Services Chennai.

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

HDFC Bank Area Credit Manager Salary - ₹8.0 Lakhs to ₹19.8 Lakhs per year
Tata Capital Area Credit Manager Salary - ₹12.2 Lakhs to ₹19.5 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹8.0 Lakhs to ₹18.2 Lakhs per year
Aditya Birla Finance Area Credit Manager Salary - ₹10.8 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Capital Area Credit Manager Salary - ₹8.7 Lakhs to ₹20.2 Lakhs per year

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

Hero FinCorp Area Credit Manager Salary - ₹9.0 Lakhs to ₹14.2 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹10.3 Lakhs to ₹13.4 Lakhs per year
ICICI Bank Area Credit Manager Salary - ₹5.6 Lakhs to ₹18.0 Lakhs per year
Bajaj Finserv Area Credit Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
Mahindra Finance Area Credit Manager Salary - ₹5.5 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at HDB Financial Services ranges between ₹79,795 per month to ₹81,872 per month in Chennai. The take-home salary calculation is based on the average HDB Financial Services Area Credit Manager salary in India which ranges between ₹8.8 Lakhs to ₹15.0 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at HDB Financial Services in Chennai?

According to AmbitionBox, 100% of the HDB Financial Services Area Credit Managers in Chennai reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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HDB Financial Services Area Credit Manager Salaries in Chennai

HDB Financial Services Area Credit Manager salary in Chennai ranges between ₹8.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 HDB Financial Services latest salaries received from various employees of HDB Financial Services.