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? 5 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)	₹8.5 L/yr - ₹11.4 L/yr

Last Updated: 18 Mar 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 Housing Finance Area Manager Salary 6 - 13 years exp. (13 salaries)	₹8 L/yr - ₹16.5 L/yr 20% more
L&T Finance Area Manager Salary 5 - 12 years exp. (5 salaries)	₹4.9 L/yr - ₹9.3 L/yr 23% less
Login to view exact salary
Bajaj Finance Area Manager Salary 5 - 11 years exp. (5 salaries)	₹8 L/yr - ₹11.1 L/yr 11% less	233 job openings
Muthoot Fincorp Area Manager Salary 10 - 15 years exp. (4 salaries)	₹6.6 L/yr - ₹10.1 L/yr 23% less
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (50 salaries)	₹7 L/yr - ₹12 L/yr 8% less	30 job openings

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: 18 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
9 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
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10 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
11 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
12 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
13 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
14 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
15+ years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr

View all

From

Area Manager

₹

Lakhs/yr

7 - 17 years exp.

Zonal Business Manager

₹

Lakhs/yr

11 - 19 years exp.

Area Manager 7 - 17 years exp.

Cluster Manager 12 - 23 years exp.

70% hike

Zonal Business Manager 11 - 19 years exp.

45% hike

From

View 1 more level

Area Manager

7 - 17 years exp.

Zonal Manager

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

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

(53 salaries)

₹3 L/yr - ₹9.1 L/yr

Area Sales Manager Salary

(19 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

(3 salaries)

₹5.62 L/yr - ₹8.46 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

2.5

Rated by 5 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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDB Financial Services Area Manager Salary FAQs

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

The average salary of a Area Manager at HDB Financial Services in Mumbai typically ranges from ₹7.0 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 8 years to 17 years).

The top 10% of Area Manager in Mumbai at HDB Financial Services earn more than ₹13.4 Lakhs per year, and the top 1% earn over ₹13.5 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 9 HDB Financial Services employees in India.

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 in Mumbai typically ranges from ₹76,822 to ₹78,815 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 8 years to 17 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 9 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 Mumbai?

To be a Area Manager at HDB Financial Services in Mumbai, 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?

Bajaj Housing Finance

₹8.0 Lakhs to ₹16.5 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 Mumbai?

The salary of a Area Manager at companies similar to HDB Financial Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹7.0 Lakhs to ₹12.0 Lakhs per year
Bajaj Finance	₹8.0 Lakhs to ₹11.1 Lakhs per year
Muthoot Fincorp	₹6.6 Lakhs to ₹10.1 Lakhs per year
L&T Finance	₹4.9 Lakhs to ₹9.3 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 Mumbai?

The salary growth for a Area Manager at HDB Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Area Manager in Mumbai can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
8 years	₹8.7 Lakhs to ₹11.1 Lakhs per year
9 years	₹8.9 Lakhs to ₹11.4 Lakhs per year
10 years	₹9.2 Lakhs to ₹11.7 Lakhs per year
11 years	₹9.4 Lakhs to ₹12.0 Lakhs per year

and so on.

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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.