HDB Financial Services Mumbai Area Manager Salaries by 9 Employees (Updated 2025)

8 - 17 years exp.

₹7 Lakhs - ₹13.5 Lakhs

Salary of majority employees

At par with the average Area Manager Salary in NBFC Companies for 8 - 17 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

Sales & Business Development Area Manager Salary 8 - 15 years exp. (5 salaries)	₹7 L/yr - ₹13.2 L/yr
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Finance & Accounting Area Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹11.4 L/yr

Last Updated: 25 Jan 2025

Companies similar to HDB Financial Services for Area Manager in Mumbai

HDB Financial Services Area Manager Salary

8 - 17 years exp. (9 salaries)

₹7 L/yr - ₹13.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Area Manager Salary 4 - 12 years exp. (9 salaries)	₹7 L/yr - ₹14.5 L/yr 3% more
ICICI Bank Area Manager Salary 2 - 11 years exp. (4 salaries)	₹5.1 L/yr - ₹8.5 L/yr 20% less
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HDFC Bank Area Manager Salary 13 - 18 years exp. (6 salaries)	₹10.5 L/yr - ₹19.5 L/yr 30% more
Bajaj Housing Finance Area Manager Salary 6 - 13 years exp. (13 salaries)	₹6.1 L/yr - ₹16.5 L/yr 24% more
Kotak Mahindra Bank Area Manager Salary 10 - 20 years exp. (9 salaries)	₹9 L/yr - ₹21.6 L/yr 53% more
Bajaj Finance Area Manager Salary 5 - 11 years exp. (6 salaries)	₹8 L/yr - ₹14.3 L/yr 3% less	187 job openings
L&T Finance Area Manager Salary 5 - 12 years exp. (5 salaries)	₹4.9 L/yr - ₹9.3 L/yr 23% less
Muthoot Fincorp Area Manager Salary 10 - 15 years exp. (4 salaries)	₹6.6 L/yr - ₹10.1 L/yr 28% less
Aditya Birla Capital Area Manager Salary 4 - 5 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 40% less

Area Manager salary at HDB Financial Services ranges between ₹7 Lakhs to ₹13.5 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 9 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Area Manager salaries in Mumbai

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹17.2 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹11 L/yr
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10 years (AmbitionBox Estimate)	₹4 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹13.2 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
13 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11.4 L/yr
15+ years (AmbitionBox Estimate)	₹11.5 L/yr - ₹13.5 L/yr

View all

From

Area Manager

₹

Lakhs/yr

7 - 17 years exp.

Zonal Manager

₹

Lakhs/yr

14 - 23 years exp.

Area Manager 7 - 17 years exp.

Cluster Manager 10 - 23 years exp.

70% hike

Zonal Manager 14 - 23 years exp.

50% hike

From

1 more level

Area Manager

7 - 17 years exp.

Zonal Business Manager

11 - 19 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

(87 salaries)

₹1.85 L/yr - ₹6.5 L/yr

Team Lead Salary

(67 salaries)

₹1.8 L/yr - ₹6 L/yr

Deputy Manager Salary

(55 salaries)

₹4 L/yr - ₹12 L/yr

Area Sales Manager Salary

(18 salaries)

₹7.3 L/yr - ₹15.72 L/yr

Cluster Manager Salary

(16 salaries)

₹16 L/yr - ₹21 L/yr

Territory Manager Salary

(14 salaries)

₹4 L/yr - ₹9.61 L/yr

Marketing Manager Salary

(6 salaries)

₹4.82 L/yr - ₹10.26 L/yr

Top skills at HDB Financial Services for Area Manager

Team Handling Sales Personal Loans Team Handling Loan against Property 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

2.1

Rated by 4 employees for salary & benefits

Sales Manager in Siwan

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.

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.

Skill development - Poor

+1 more

Senior Sales Officer in Kolkata

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.

Job security - Good

Dislikes

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

Salary - Poor

+3 more

Senior Sales Officer in Palakkad

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.

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.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HDB Financial Services

View All

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 Manager Salary FAQs

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

Area Manager salary at HDB Financial Services in Mumbai ranges between ₹7.0 Lakhs to ₹13.5 Lakhs for experience between 8 years to 17 years. According to our estimates it is 1% more than the average Area Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of HDB Financial Services Mumbai.

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

The average salary of a Area Manager at HDB Financial Services is 1% more than the average salary of a Area Manager in Mumbai. To know exact salary insights, login to view.

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

Team Handling, Sales, Personal Loans, Team Handling and Loan against Property are some of the popular skills required to work as a Area Manager at HDB Financial Services Mumbai.

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

Kotak Mahindra Bank Area Manager Salary - ₹9.0 Lakhs to ₹21.6 Lakhs per year
HDFC Bank Area Manager Salary - ₹10.5 Lakhs to ₹19.5 Lakhs per year
Bajaj Housing Finance Area Manager Salary - ₹6.1 Lakhs to ₹16.5 Lakhs per year
Bajaj Finserv Area Manager Salary - ₹7.0 Lakhs to ₹14.5 Lakhs per year

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

Bajaj Finance Area Manager Salary - ₹8.0 Lakhs to ₹14.3 Lakhs per year
ICICI Bank Area Manager Salary - ₹5.1 Lakhs to ₹8.5 Lakhs per year
L&T Finance Area Manager Salary - ₹4.9 Lakhs to ₹9.3 Lakhs per year
Muthoot Fincorp Area Manager Salary - ₹6.6 Lakhs to ₹10.1 Lakhs per year
Aditya Birla Capital Area Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year

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

The estimated take-home salary of a Area Manager at HDB Financial Services ranges between ₹75,641 per month to ₹77,601 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services Area Manager salary in India which ranges between ₹7.0 Lakhs to ₹13.5 Lakhs per year for employees with experience between 8 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 89% of the HDB Financial Services Area Managers in Mumbai reported a notice period of 3 Months, 11% reported a notice period of 15 days or less.This is based on 9 responses on AmbitionBox in last 2 years.

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HDB Financial Services Area Manager Salaries in Mumbai

HDB Financial Services Area Manager salary in Mumbai ranges between ₹7 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 HDB Financial Services latest salaries received from various employees of HDB Financial Services.