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HDB Financial Services

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4.0

based on 19.4k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDB Financial Services Area Credit Manager salaries in Mumbai

Annual salary range
8 - 18 years exp.
₹7 Lakhs - ₹17.5 Lakhs
Salary of majority employees
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9% less than the average Area Credit Manager Salary in NBFC Companies for 8 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
8 - 18 years exp. (10 salaries)
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₹7 L/yr - ₹15.1 L/yr

Finance & Accounting
Area Credit Manager Salary
11 - 14 years exp. (AmbitionBox Estimate)
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₹10.1 L/yr - ₹17.5 L/yr

Customer Success, Service & Operations
Area Credit Manager Salary
16 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹12.3 L/yr

Last Updated: 21 Sep 2024

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

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HDB Financial Services Area Credit Manager Salary

8 - 18 years exp. (16 salaries)

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₹7 L/yr - ₹17.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Area Credit Manager Salary

6 - 16 years exp. (27 salaries)

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₹7.5 L/yr - ₹26 L/yr

arrow icon 46% more
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ICICI Bank Area Credit Manager Salary

1 - 13 years exp. (44 salaries)

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₹5.2 L/yr - ₹19 L/yr

arrow icon 8% more
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Axis Bank Area Credit Manager Salary

6 - 13 years exp. (26 salaries)

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₹9.6 L/yr - ₹22.8 L/yr

arrow icon 30% more
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Kotak Mahindra Bank Area Credit Manager Salary

4 - 10 years exp. (15 salaries)

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₹7 L/yr - ₹18 L/yr

arrow icon 21% more
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L&T Finance Area Credit Manager Salary

3 - 13 years exp. (37 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 12% more
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Tata Capital Area Credit Manager Salary

3 - 13 years exp. (21 salaries)

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₹10.4 L/yr - ₹30 L/yr

arrow icon 68% more
26 job openings
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IIFL Finance Area Credit Manager Salary

3 - 9 years exp. (12 salaries)

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₹9 L/yr - ₹19.6 L/yr

arrow icon 22% more
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Hero FinCorp Area Credit Manager Salary

5 - 10 years exp. (9 salaries)

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₹11 L/yr - ₹18 L/yr

arrow icon 23% more
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₹10 L/yr - ₹16 L/yr

arrow icon 24% more
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Edelweiss Area Credit Manager Salary

4 - 11 years exp. (6 salaries)

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₹10 L/yr - ₹15.1 L/yr

arrow icon 11% more
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₹9 L/yr - ₹20.1 L/yr

arrow icon 20% more
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Bajaj Finance Area Credit Manager Salary

2 - 8 years exp. (4 salaries)

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₹9.5 L/yr - ₹10.6 L/yr

arrow icon 10% less
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₹10.4 L/yr - ₹16 L/yr

arrow icon 6% less
Area Credit Manager salary at HDB Financial Services ranges between ₹7 Lakhs to ₹17.5 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 16 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Area Credit Manager in Mumbai

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13 years exp.
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18 years exp.
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Experience wise HDB Financial Services Area Credit Manager salaries in Mumbai

Last Updated: 21 Sep 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)

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₹7 L/yr - ₹20 L/yr
10 years (AmbitionBox Estimate)

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₹10.2 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹12.9 L/yr
12 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹21.1 L/yr
View all
HDB Financial Services Area Credit Manager Salary and Career Growth

From

To

Area Credit Manager

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5 - 18 years exp.

Cluster Credit Manager

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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

Sales Manager Salary
(91 salaries)
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₹1.85 L/yr - ₹6.5 L/yr
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₹3.2 L/yr - ₹7 L/yr
Credit Manager Salary
(45 salaries)
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₹2.7 L/yr - ₹7 L/yr
Credit Officer Salary
(5 salaries)
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₹1.2 L/yr - ₹3.5 L/yr
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₹24.35 L/yr - ₹28 L/yr
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₹18.5 L/yr - ₹23 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

1.7

Rated by 3 employees for salary & benefits

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:

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Dislikes

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

read more

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.

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.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 12 Oct 2024

2.0
 for  Salary and Benefits

Likes

...o like. Business teams are leading here. Business teams behaves like dog to BCM. Only on time salary is good thing

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Dislikes

No value for credit in specially West Bengal lending department.No support for credit department. Business team from zonal level forceful to Branch credit level. Even working on credit department you will feel like you are working on sales. Even credit manager gets pressure more than any sales manager. Credit Manager leaves office every day at 10pm and at month end 3am at night.Even works on Saturday and Sunday

read more

Full Time

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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

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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 .

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HDB Financial Services Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at HDB Financial Services Mumbai?
Area Credit Manager salary at HDB Financial Services in Mumbai ranges between ₹7.0 Lakhs to ₹17.5 Lakhs for experience between 8 years to 18 years. According to our estimates it is 9% less than the average Area Credit Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of HDB Financial Services Mumbai.
How does the salary of a Area Credit Manager at HDB Financial Services Mumbai compare with the average salary range for this job?
The average salary of a Area Credit Manager at HDB Financial Services is 9% less than the average salary of a Area Credit Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than HDB Financial Services to a Area Credit Manager in Mumbai?
  • Tata Capital Area Credit Manager Salary - ₹10.4 Lakhs to ₹30.0 Lakhs per year
  • HDFC Bank Area Credit Manager Salary - ₹7.5 Lakhs to ₹26.0 Lakhs per year
  • Axis Bank Area Credit Manager Salary - ₹9.6 Lakhs to ₹22.8 Lakhs per year
  • Aditya Birla Capital Area Credit Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
  • Hero FinCorp Area Credit Manager Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Area Credit Manager in companies similar to HDB Financial Services in Mumbai?
  • IIFL Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹19.6 Lakhs per year
  • Kotak Mahindra Bank Area Credit Manager Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
  • Aditya Birla Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹20.1 Lakhs per year
  • L&T Finance Area Credit Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
  • Edelweiss Area Credit Manager Salary - ₹10.0 Lakhs to ₹15.1 Lakhs per year
What is the estimated take home salary of a Area Credit Manager at HDB Financial Services in Mumbai?
The estimated take-home salary of a Area Credit Manager at HDB Financial Services ranges between ₹82,732 per month to ₹84,892 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services Area Credit Manager salary in India which ranges between ₹7.0 Lakhs to ₹17.5 Lakhs per year for employees with experience between 8 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 Mumbai?
According to AmbitionBox, 60% of the HDB Financial Services Area Credit Managers in Mumbai reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDB Financial Services Area Credit Manager salary in Mumbai ranges between ₹7 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 HDB Financial Services latest salaries received from various employees of HDB Financial Services.