Hero FinCorp Mumbai Area Credit Manager Salaries by 9 Employees (Updated 2025)

5 - 9 years exp.

₹12 Lakhs - ₹18 Lakhs

Salary of majority employees

Fixed (90%)

₹13.1 Lakhs

Variable (10%)

₹1.4 Lakh

12% more than the average Area Credit Manager Salary in NBFC Companies for 5 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Area Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹12 L/yr - ₹16.8 L/yr
BFSI, Investments & Trading Area Credit Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹15.9 L/yr - ₹17.4 L/yr
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Risk Management & Compliance Area Credit Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹18 L/yr

Last Updated: 28 Feb 2025

Companies similar to Hero FinCorp for Area Credit Manager in Mumbai

Hero FinCorp Area Credit Manager Salary

5 - 9 years exp. (9 salaries)

₹12 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Credit Manager Salary 3 - 8 years exp. (4 salaries)	₹4 L/yr - ₹10.6 L/yr 33% less
Tata Capital Area Credit Manager Salary 3 - 13 years exp. (19 salaries)	₹10.4 L/yr - ₹22.5 L/yr 18% more	6 job openings
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HDFC Bank Area Credit Manager Salary 5 - 16 years exp. (27 salaries)	₹7.5 L/yr - ₹28.5 L/yr 27% more
ICICI Bank Area Credit Manager Salary 2 - 13 years exp. (43 salaries)	₹7.9 L/yr - ₹19 L/yr 4% less
Axis Bank Area Credit Manager Salary 6 - 13 years exp. (25 salaries)	₹9.6 L/yr - ₹22.8 L/yr 4% more
Kotak Mahindra Bank Area Credit Manager Salary 5 - 11 years exp. (14 salaries)	₹7 L/yr - ₹18 L/yr 3% more
Yes Bank Area Credit Manager Salary 6 - 13 years exp. (9 salaries)	₹11.5 L/yr - ₹16.5 L/yr 4% more
IndusInd Bank Area Credit Manager Salary 5 - 16 years exp. (10 salaries)	₹7 L/yr - ₹16.4 L/yr 13% less
IDFC FIRST Bank Area Credit Manager Salary 5 - 12 years exp. (13 salaries)	₹8.2 L/yr - ₹16 L/yr 9% less
L&T Finance Area Credit Manager Salary 4 - 13 years exp. (32 salaries)	₹8 L/yr - ₹20 L/yr 11% less
Aditya Birla Finance Area Credit Manager Salary 6 - 15 years exp. (8 salaries)	₹9 L/yr - ₹20.1 L/yr At par
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PNB Housing Finance Area Credit Manager Salary 5 - 9 years exp. (7 salaries)	₹12 L/yr - ₹22 L/yr 17% more
InCred Finance Area Credit Manager Salary 4 - 11 years exp. (6 salaries)	₹9 L/yr - ₹13 L/yr 31% less
Bajaj Housing Finance Area Credit Manager Salary 6 - 9 years exp. (3 salaries)	₹11.6 L/yr - ₹16 L/yr 1% less
Ugro Capital Area Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹8.7 L/yr - ₹14.3 L/yr 26% less

Area Credit Manager salary at Hero FinCorp ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 9 latest salaries received from various employees of Hero FinCorp.

Experience wise Hero FinCorp Area Credit Manager salaries in Mumbai

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹16.8 L/yr
6 years (AmbitionBox Estimate)	₹12 L/yr - ₹18 L/yr
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7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹18 L/yr
8 years (AmbitionBox Estimate)	₹13 L/yr - ₹25.9 L/yr
9 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹26.1 L/yr

Similar Designation salaries in Hero FinCorp

Sales Manager Salary

(11 salaries)

₹5.54 L/yr - ₹10 L/yr

Relationship Manager Salary

(5 salaries)

₹3.1 L/yr - ₹4.5 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 Medical Underwriting

Salary related reviews for Hero FinCorp

Rated by 1 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

Salary - Bad

+6 more

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

Salary - Good

+2 more

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.

Job security - Poor

+1 more

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.

Salary - Excellent

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....

Skill development - Bad

+4 more

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 .

Salary - Excellent

+4 more

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

Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Hero FinCorp Area Credit Manager Salary FAQs

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

Area Credit Manager salary at Hero FinCorp in Mumbai ranges between ₹12.0 Lakhs to ₹18.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 12% more than the average Area Credit Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Hero FinCorp Mumbai.

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

The average salary of a Area Credit Manager at Hero FinCorp is 12% more 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 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 Mumbai.

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

HDFC Bank Area Credit Manager Salary - ₹7.5 Lakhs to ₹28.5 Lakhs per year
Tata Capital Area Credit Manager Salary - ₹10.4 Lakhs to ₹22.5 Lakhs per year
PNB Housing Finance Area Credit Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
Yes Bank Area Credit Manager Salary - ₹11.5 Lakhs to ₹16.5 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹9.6 Lakhs to ₹22.8 Lakhs per year

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

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
Bajaj Housing Finance Area Credit Manager Salary - ₹11.6 Lakhs to ₹16.0 Lakhs per year
ICICI Bank Area Credit Manager Salary - ₹7.9 Lakhs to ₹19.0 Lakhs per year
IDFC FIRST Bank Area Credit Manager Salary - ₹8.2 Lakhs to ₹16.0 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at Hero FinCorp ranges between ₹1,00,675 per month to ₹1,03,419 per month in Mumbai. The take-home salary calculation is based on the average Hero FinCorp Area Credit Manager salary in India which ranges between ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Hero FinCorp Area Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Hero FinCorp Area Credit Manager Salaries in Mumbai

Hero FinCorp Area Credit Manager salary in Mumbai ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Hero FinCorp latest salaries received from various employees of Hero FinCorp.