HDB Financial Services Indore Area Credit Manager Salaries by 5 Employees (Updated 2025)

7 - 18 years exp.

₹11.6 Lakhs - ₹14 Lakhs

Salary of majority employees

7% less than the average Area Credit Manager Salary in NBFC Companies for 7 - 18 years of experience

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Salaries in different departments

Finance & Accounting Area Credit Manager Salary 8 - 15 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹14 L/yr
BFSI, Investments & Trading Area Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹11.6 L/yr - ₹13.8 L/yr
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Risk Management & Compliance Area Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13 L/yr

Last Updated: 27 Dec 2024

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

HDB Financial Services Area Credit Manager Salary

7 - 18 years exp. (5 salaries)

₹11.6 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Area Credit Manager Salary 4 - 9 years exp. (3 salaries)	₹7 L/yr - ₹10.5 L/yr 25% less
HDFC Bank Area Credit Manager Salary 6 - 18 years exp. (10 salaries)	₹12 L/yr - ₹28 L/yr 50% more
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ICICI Bank Area Credit Manager Salary 2 - 10 years exp. (10 salaries)	₹7.1 L/yr - ₹15 L/yr 7% more
Axis Bank Area Credit Manager Salary 9 - 12 years exp. (7 salaries)	₹7.8 L/yr - ₹14 L/yr 7% more
Kotak Mahindra Bank Area Credit Manager Salary 9 - 14 years exp. (4 salaries)	₹13 L/yr - ₹24.5 L/yr 25% more
Aditya Birla Capital Area Credit Manager Salary 7 - 9 years exp. (4 salaries)	₹11 L/yr - ₹17.5 L/yr 14% more
Hero FinCorp Area Credit Manager Salary 9 - 11 years exp. (3 salaries)	₹14.1 L/yr - ₹16.5 L/yr 21% more	1 job opening
Aditya Birla Finance Area Credit Manager Salary 7 - 9 years exp. (3 salaries)	₹13 L/yr - ₹18 L/yr 22% more

Area Credit Manager salary at HDB Financial Services ranges between ₹11.6 Lakhs to ₹14 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Area Credit Manager salaries in Indore

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr
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9 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹20.9 L/yr
10 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
11 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
13 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
14 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
15+ years (AmbitionBox Estimate)	₹5.2 L/yr - ₹14 L/yr

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From

Area Credit Manager

5 - 18 years exp.

Cluster Credit Manager

₹

Lakhs/yr

13 - 20 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 HDB Financial Services

Personal Banker Salary

(7 salaries)

₹2.15 L/yr - ₹3.7 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

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

see more salary related reviews

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What people are saying about HDB Financial Services

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a credit manager

Rat Race 9 to 5 Really?

Bhai kon kehta he ki rate race me job 9 to 5 ki hoti he? Kabhi NBFC company me aake dekho..... Yaha job 9 to 9 ki hoti he!... Regards, A Credit Manager At Upper layer NBFC Company

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HDB Financial Services Area Credit Manager Salary FAQs

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

Area Credit Manager salary at HDB Financial Services in Indore ranges between ₹11.6 Lakhs to ₹14.0 Lakhs for experience between 7 years to 18 years. According to our estimates it is 7% less than the average Area Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services Indore.

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

The average salary of a Area Credit Manager at HDB Financial Services is 7% less than the average salary of a Area Credit Manager in Indore. 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 Indore.

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

HDFC Bank Area Credit Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Kotak Mahindra Bank Area Credit Manager Salary - ₹13.0 Lakhs to ₹24.5 Lakhs per year
Aditya Birla Finance Area Credit Manager Salary - ₹13.0 Lakhs to ₹18.0 Lakhs per year
Hero FinCorp Area Credit Manager Salary - ₹14.1 Lakhs to ₹16.5 Lakhs per year
Aditya Birla Capital Area Credit Manager Salary - ₹11.0 Lakhs to ₹17.5 Lakhs per year

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

ICICI Bank Area Credit Manager Salary - ₹7.1 Lakhs to ₹15.0 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹7.8 Lakhs to ₹14.0 Lakhs per year
Bajaj Finserv Area Credit Manager Salary - ₹7.0 Lakhs to ₹10.5 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at HDB Financial Services ranges between ₹86,160 per month to ₹88,417 per month in Indore. The take-home salary calculation is based on the average HDB Financial Services Area Credit Manager salary in India which ranges between ₹11.6 Lakhs to ₹14.0 Lakhs per year for employees with experience between 7 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 Indore?

According to AmbitionBox, 67% of the HDB Financial Services Area Credit Managers in Indore reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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HDB Financial Services Area Credit Manager Salaries in Indore

HDB Financial Services Area Credit Manager salary in Indore ranges between ₹11.6 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDB Financial Services latest salaries received from various employees of HDB Financial Services.