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HDB Financial Services Area Manager salaries in Indore (Updated 2025)

Annual salary range
9 - 14 years exp.
₹6.9 Lakhs - ₹12.5 Lakhs
Salary of majority employees
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At par with the average Area Manager Salary in NBFC Companies for 9 - 14 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Sales & Business Development
Area Manager Salary
9 - 14 years exp. (8 salaries)
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₹6.9 L/yr - ₹12.5 L/yr

BFSI, Investments & Trading
Area Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹8.2 L/yr - ₹13.3 L/yr

Last Updated: 20 Feb 2025

Companies similar to HDB Financial Services for Area Manager in Indore

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HDB Financial Services Area Manager Salary

9 - 14 years exp. (11 salaries)

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₹6.9 L/yr - ₹12.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TVS Credit Area Manager Salary

12 - 17 years exp. (4 salaries)

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₹12 L/yr - ₹15 L/yr

arrow icon 40% more
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Bajaj Housing Finance Area Manager Salary

6 - 14 years exp. (4 salaries)

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₹12.6 L/yr - ₹14 L/yr

arrow icon 26% more
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IIFL Finance Area Manager Salary

8 - 12 years exp. (3 salaries)

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₹5.6 L/yr - ₹12 L/yr

arrow icon 19% less
2 job openings
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Reliance Retail Area Manager Salary

10 - 16 years exp. (14 salaries)

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₹5 L/yr - ₹12 L/yr

arrow icon 5% less
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₹4.5 L/yr - ₹7.5 L/yr

arrow icon 41% less
Area Manager salary at HDB Financial Services ranges between ₹6.9 Lakhs to ₹12.5 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 11 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Area Manager in Indore

1mo ago
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13 years exp.
2mo ago
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13 years exp.
5mo ago
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9 years exp.
1y ago
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12 years exp.
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12 years exp.
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14 years exp.

Experience wise HDB Financial Services Area Manager salaries in Indore

Last Updated: 20 Feb 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.3 L/yr
11 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
12 years  (3 salaries)

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₹6.9 L/yr - ₹12.5 L/yr
13 years  (4 salaries)

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₹7.5 L/yr - ₹11 L/yr
View all
HDB Financial Services Area Manager Salary and Career Growth

From

To

Area Manager

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7 - 17 years exp.

Zonal Business Manager

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11 - 19 years exp.

Area Manager 7 - 17 years exp.
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Cluster Manager 12 - 23 years exp.
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arrow icon 70% hike
    Zonal Business Manager 11 - 19 years exp.
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    arrow icon 45% hike

    From

    To

    Area Manager

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    7 - 17 years exp.

    Zonal Manager

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    16 - 23 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

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    ₹4.9 L/yr - ₹9.25 L/yr
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    ₹9.5 L/yr - ₹25 L/yr
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    ₹8.2 L/yr - ₹13.25 L/yr

    Top skills at HDB Financial Services for Area Manager

    Team Handling Sales Personal Loans Loan against Property Team Handling Salesforce Crowdstrike Gold Loan Secured Loan Employee Retention Area Sales Management Team Management Lap Commercial Vehicle Customer Service

    Salary related reviews for HDB Financial Services

    4.7

    Rated by 3 employees for salary & benefits

    Full Time

     · 

    Sales & Business Development Department

    3.0
      •  posted on 25 Feb 2025

    4.0
     for  Salary and Benefits

    Likes

    Salary on time, working pressure is average, work - life balance is average.

    read more
    • Salary - Good
    • +1 more

    Dislikes

    No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

    read more
    • Skill development - Poor
    • +1 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 09 Nov 2024

    2.0
     for  Salary and Benefits

    Likes

    Job secured for a standard term with lesser business. Overall maximum loans disbursement after login with minimum documentation and -cibil also.

    read more
    • Job security - Good

    Dislikes

    No Work life balance, poor salary, bad behaviors from managers each and every time,groupism.No thankful behavior for hardwork.

    read more
    • Salary - Poor
    • +3 more

    Full Time

     · 

    Sales & Business Development Department

    4.0
      •  posted on 08 Nov 2024

    4.0
     for  Salary and Benefits

    Likes

    Salary and incentive plans

    • Salary - Good
    • +4 more

    Dislikes

    NEED A PROPER TEAM FOR COLLECTION AND RELPL TELE-CALLING CAN BE SPARED FROM CD DPL OFFICERS. Incentive cuting,i did’t received my onam period incentive even after one month.this is a quite bad thing i felt in the company .i am totally disappointed.i worked so hard in those days for the company.it really sad.

    read more

    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:

    read more
    • 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.

    read more

    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

    read more
    • Job security - Poor
    • +1 more
    see more salary related reviews

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    HDB Financial Services Area Manager Salary FAQs

    What is the salary of Area Manager at HDB Financial Services in Indore?
    The average salary of a Area Manager at HDB Financial Services in Indore typically ranges from ₹6.9 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 9 years to 14 years).

    The top 10% of Area Manager in Indore at HDB Financial Services earn more than ₹11.6 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Area Manager Salaries at HDB Financial Services 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 10+ HDB Financial Services employees in India.
    What is the estimated take home salary of a Area Manager at HDB Financial Services in Indore?
    The estimated take-home salary of a Area Manager at HDB Financial Services in Indore typically ranges from ₹74,119 to ₹76,035 per month. This is based on the average salary range of ₹6.9 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 9 years to 14 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 10+ salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Area Manager at HDB Financial Services in Indore?
    To be a Area Manager at HDB Financial Services in Indore, the key skills required include:

    • - Team Handling
    • - Sales
    • - Personal Loans
    • - Loan against Property
    • - Team Handling

    These skills are highly valued at HDB Financial Services and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than HDB Financial Services for Area Manager in India?
    TVS Credit ₹12.0 Lakhs to ₹15.0 Lakhs per year
    Bajaj Housing Finance ₹12.6 Lakhs to ₹14.0 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by HDB Financial Services, depending on the role and experience level.
    What is the salary of a Area Manager in companies similar to HDB Financial Services in Indore?
    The salary of a Area Manager at companies similar to HDB Financial Services in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Reliance Retail ₹5.0 Lakhs to ₹12.0 Lakhs per year
    IIFL Finance ₹5.6 Lakhs to ₹12.0 Lakhs per year
    Motilal Oswal Financial Services ₹4.5 Lakhs to ₹7.5 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 Manager at HDB Financial Services in Indore?
    The salary growth for a Area Manager at HDB Financial Services in Indore depends on factors such as experience, performance, and promotions. On average, a Area Manager in Indore can expect the following growth trajectory at HDB Financial Services:

    Experience Average Salary Range
    9 years ₹8.6 Lakhs to ₹11.0 Lakhs per year
    10 years ₹8.8 Lakhs to ₹11.3 Lakhs per year
    11 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
    12 years ₹6.9 Lakhs to ₹12.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    HDB Financial Services Area Manager salary in Indore ranges between ₹6.9 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 HDB Financial Services latest salaries received from various employees of HDB Financial Services.