Hero FinCorp Area Credit Manager Salaries by 100+ Employees (Updated 2024)

4 - 13 years exp.

₹7.3 Lakhs - ₹20.4 Lakhs

Salary of majority employees

19% more than the average Area Credit Manager Salary in NBFC Companies for 4 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 4 - 13 years exp. (74 salaries)	₹7.3 L/yr - ₹20.4 L/yr
Finance & Accounting Area Credit Manager Salary 4 - 12 years exp. (36 salaries)	₹9 L/yr - ₹20.2 L/yr
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Risk Management & Compliance Area Credit Manager Salary 5 - 13 years exp. (13 salaries)	₹10.7 L/yr - ₹18 L/yr

Last Updated: 13 Dec 2024

Companies similar to Hero FinCorp for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Credit Manager Salary 2 - 12 years exp. (86 salaries)	₹4.4 L/yr - ₹15.2 L/yr 30% less
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (159 salaries)	₹8 L/yr - ₹30 L/yr 36% more	26 job openings
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Mahindra Finance Area Credit Manager Salary 7 - 10 years exp. (7 salaries)	₹5.5 L/yr - ₹14 L/yr 36% less
HDFC Bank Area Credit Manager Salary 5 - 17 years exp. (213 salaries)	₹7.5 L/yr - ₹30 L/yr 31% more
ICICI Bank Area Credit Manager Salary 1 - 14 years exp. (338 salaries)	₹5.2 L/yr - ₹19 L/yr 10% less
Axis Bank Area Credit Manager Salary 6 - 14 years exp. (284 salaries)	₹6.5 L/yr - ₹25 L/yr 6% more
Kotak Mahindra Bank Area Credit Manager Salary 4 - 15 years exp. (97 salaries)	₹6.5 L/yr - ₹24 L/yr 4% more
Yes Bank Area Credit Manager Salary 5 - 14 years exp. (46 salaries)	₹9 L/yr - ₹20 L/yr 5% more
IndusInd Bank Area Credit Manager Salary 5 - 16 years exp. (148 salaries)	₹5.4 L/yr - ₹18 L/yr 12% less
IDFC FIRST Bank Area Credit Manager Salary 5 - 14 years exp. (79 salaries)	₹7.5 L/yr - ₹18.4 L/yr 2% less
L&T Finance Area Credit Manager Salary 3 - 13 years exp. (139 salaries)	₹6 L/yr - ₹22 L/yr 6% less
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Aditya Birla Finance Area Credit Manager Salary 6 - 13 years exp. (108 salaries)	₹7.5 L/yr - ₹20.1 L/yr 2% less
Bajaj Housing Finance Area Credit Manager Salary 2 - 10 years exp. (51 salaries)	₹6 L/yr - ₹16 L/yr 23% less
Sammaan Capital Limited Area Credit Manager Salary 5 - 15 years exp. (49 salaries)	₹5.1 L/yr - ₹15.1 L/yr 27% less
PNB Housing Finance Area Credit Manager Salary 4 - 10 years exp. (50 salaries)	₹9 L/yr - ₹22 L/yr 3% more	1 job opening
Ugro Capital Area Credit Manager Salary 2 - 12 years exp. (50 salaries)	₹7.3 L/yr - ₹16 L/yr 21% less
Tyger Capital Area Credit Manager Salary 7 - 15 years exp. (46 salaries)	₹5.6 L/yr - ₹11.2 L/yr 42% less
Shubham Housing Development Finance Area Credit Manager Salary 8 - 12 years exp. (26 salaries)	₹6.5 L/yr - ₹12 L/yr 31% less
India Shelter Finance Corporation Area Credit Manager Salary 2 - 14 years exp. (29 salaries)	₹5.9 L/yr - ₹12 L/yr 40% less
Vastu Housing Finance Area Credit Manager Salary 5 - 13 years exp. (27 salaries)	₹5.9 L/yr - ₹12 L/yr 39% less

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Area Credit Manager salary at Hero FinCorp ranges between ₹7.3 Lakhs to ₹20.4 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 134 latest salaries received from various employees of Hero FinCorp.

Experience wise Hero FinCorp Area Credit Manager salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
4 years (11 salaries)	₹8.2 L/yr - ₹17 L/yr
5 years (19 salaries)	₹9 L/yr - ₹18.4 L/yr
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6 years (22 salaries)	₹7.3 L/yr - ₹20.2 L/yr
7 years (19 salaries)	₹9.4 L/yr - ₹20.1 L/yr
8 years (16 salaries)	₹9 L/yr - ₹20.4 L/yr
9 years (14 salaries)	₹9.5 L/yr - ₹20 L/yr
10 years (17 salaries)	₹8.6 L/yr - ₹20 L/yr
11 years (5 salaries)	₹12.4 L/yr - ₹19.5 L/yr
12 years (7 salaries)	₹8.7 L/yr - ₹19.5 L/yr
13 years (4 salaries)	₹9 L/yr - ₹17.5 L/yr

View all

Similar Designation salaries in Hero FinCorp

Zonal Credit Manager Salary

(6 salaries)

₹4.75 L/yr - ₹26.54 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Credit Manager Salary

(20 salaries)

₹5 L/yr - ₹11.6 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹5 L/yr - ₹20.3 L/yr

Regional Credit Manager Salary

(7 salaries)

₹19.35 L/yr - ₹37 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Branch Manager Salary

(3 salaries)

₹3.2 L/yr - ₹14 L/yr

Sales Manager Salary

(144 salaries)

₹3.2 L/yr - ₹11.1 L/yr

Credit Officer Salary

(20 salaries)

₹1.8 L/yr - ₹5 L/yr

Relationship Manager Salary

(91 salaries)

₹1.8 L/yr - ₹9.1 L/yr

Top skills at Hero FinCorp for Area Credit Manager

Credit Management Credit Underwriting Lap Home Loans Credit Mortgage Loans Credit Analysis Underwriting Credit Policy Credit Appraisal Finance Tracking mortgage Credit Analysis Underwriting

Salary related reviews for Hero FinCorp

4.1

Rated by 17 employees for salary & benefits

Area Credit Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 22 Oct 2021

1.0

for Salary and Benefits

Likes

Nothing comes to my mind

Dislikes

...uing. No work life balance if you join thia company than forget you have family. Compensation is also terrible with respect to work. No respect for your work

Sales Manager in Nanded

Full Time

Sales & Business Development Department

3.0

• posted on 20 Oct 2022

4.0

for Salary and Benefits

Likes

I have worked in Hero as Sales manager for 3year. overall work culture is good also good satisfaction and seniors also supporting but lack of knowledge of backhand team likely credit and IT team.It should be improve this because business would be stuck due to those lack of support

Dislikes

Appraisal happening but promotion doesn't happening only happend a designation change letter but salary none of the hike.Poor IT team incentive also poor for onroll employee.

Credit Analyst in Mohan Estate - Delhi

Full Time

Other Department

1.0

• posted on 28 May 2023

5.0

for Salary and Benefits

Likes

Overall salary structure and Benefits are Good.

Dislikes

A person named Gorender Singh Panghal (UBL- Lead) is playing very bad politics with his own analyst team. Also he is not able to do any good thing for his team. He is just making excuses instead of efforts... Also UBL ACM Shivani Kathuriya is very bad personality.... She even don't know that how to prepare the CAM and how to recommend the same.... She don't have any knowledge....

Sales Officer in New Delhi

Sales & Business Development Department

5.0

• posted on 29 Oct 2018

5.0

for Salary and Benefits

Likes

My first like salary HFCL our employees salary give to to time and all facilities provide on time all reuirment as like laptop , stationary , canvence , incentive etc .

Dislikes

No any single problem in this company because I have self working now 8n this company

Lead in Gurgaon / Gurugram

Full Time

Other Department

2.0

• posted on 10 Aug 2024

3.0

for Salary and Benefits

Likes

...balance is average, not that great but at par with a mature Indian organization. The pay scale is above average as compared to banking organization. If one doesn't provide inputs and do as is told, can increase chances of raise and 100% bonus, even if work is not upto the mark.

Dislikes

Culture is pathetic. There is still traditional thinking of supreme authority and 'I know it all' attitude. One a few members of the management call the shots for whole company and rest management members are mere spectators. Personal grudges between management leads to lot of resources, money and effort wastage. It would be years before the

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Hero FinCorp Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Hero FinCorp?

Area Credit Manager salary at Hero FinCorp in India ranges between ₹7.3 Lakhs to ₹20.4 Lakhs for experience between 4 years to 13 years. According to our estimates it is 19% more than the average Area Credit Manager Salary in India. Salary estimates are based on 134 latest salaries received from various employees of Hero FinCorp India.

How does the salary of a Area Credit Manager at Hero FinCorp India compare with the average salary range for this job?

The average salary of a Area Credit Manager at Hero FinCorp is 19% more than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Manager at Hero FinCorp?

Credit Management, Credit Underwriting, Lap, Home Loans and Credit are some of the popular skills required to work as a Area Credit Manager at Hero FinCorp India.

Which similar companies are paying more than Hero FinCorp to a Area Credit Manager in India?

Tata Capital Area Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
HDFC Bank Area Credit Manager Salary - ₹7.5 Lakhs to ₹30.0 Lakhs per year
Reliance Capital Area Credit Manager Salary - ₹8.9 Lakhs to ₹19.0 Lakhs per year
LIC Housing Finance Area Credit Manager Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year
Tata Capital Housing Finance Area Credit Manager Salary - ₹11.0 Lakhs to ₹17.2 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to Hero FinCorp in India?

Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹25.0 Lakhs per year
Yes Bank Area Credit Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
Kotak Mahindra Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹24.0 Lakhs per year
Shriram Finance Area Credit Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
PNB Housing Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Hero FinCorp in India?

The estimated take-home salary of a Area Credit Manager at Hero FinCorp ranges between ₹98,019 per month to ₹1,00,676 per month in India. The take-home salary calculation is based on the average Hero FinCorp Area Credit Manager salary in India which ranges between ₹7.3 Lakhs to ₹20.4 Lakhs per year for employees with experience between 4 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Hero FinCorp?

According to AmbitionBox, 76% of the Hero FinCorp Area Credit Managers reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 109 responses on AmbitionBox in last 2 years.

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Hero FinCorp Area Credit Manager Salaries

Hero FinCorp Area Credit Manager salary in India ranges between ₹7.3 Lakhs to ₹20.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 134 Hero FinCorp latest salaries received from various employees of Hero FinCorp.