Indel Money Area Manager Salaries by 10+ Employees

7 - 17 years exp.

₹4 Lakhs - ₹5.7 Lakhs

Salary of majority employees

47% less than the average Area Manager Salary in Financial Services Companies for 7 - 17 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Area Manager Salary 11 - 17 years exp. (4 salaries)	₹4.9 L/yr - ₹5.5 L/yr
Sales & Business Development Area Manager Salary 7 - 12 years exp. (4 salaries)	₹5 L/yr - ₹5.7 L/yr
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BFSI, Investments & Trading Area Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.3 L/yr

Last Updated: 10 Oct 2024

Companies similar to Indel Money for Area Manager

Company name	Avg Annual Salary	Open Jobs
SHARE Microfin Area Manager Salary 3 - 18 years exp. (33 salaries)	₹2.1 L/yr - ₹5.8 L/yr 35% less
Shriram Fortune Solutions Area Manager Salary 7 - 18 years exp. (9 salaries)	₹4.8 L/yr - ₹8 L/yr 42% more
Login to view exact salary
Attica Gold Area Manager Salary 9 - 10 years exp. (5 salaries)	₹2.9 L/yr - ₹4.8 L/yr 23% less
Destimoney Securities Area Manager Salary 5 - 7 years exp. (4 salaries)	₹1.9 L/yr - ₹7 L/yr 14% less
Way2wealth Brokers Area Manager Salary 12 - 23 years exp. (4 salaries)	₹7.2 L/yr - ₹12 L/yr 93% more
Home First Finance Company India Area Manager Salary 3 - 12 years exp. (4 salaries)	₹8.2 L/yr - ₹16 L/yr 117% more
VGM Consultants Area Manager Salary 15 - 22 years exp. (3 salaries)	₹5 L/yr - ₹6.7 L/yr 18% more
Netafim Agricultural Financing Agency Area Manager Salary 4 - 7 years exp. (3 salaries)	₹3.6 L/yr - ₹4.4 L/yr 22% less

Area Manager salary at Indel Money ranges between ₹4 Lakhs to ₹5.7 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 12 latest salaries received from various employees of Indel Money.

Experience wise Indel Money Area Manager salaries

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹9 L/yr
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9 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.1 L/yr
10 years (3 salaries)	₹4 L/yr - ₹5.7 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹9.1 L/yr
12 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.7 L/yr
13 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.3 L/yr
15+ years (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Indel Money

Sales Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Branch Manager Salary

(63 salaries)

₹2.1 L/yr - ₹5.32 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Deputy Manager Salary

(3 salaries)

₹3.2 L/yr - ₹4 L/yr

Regional Manager Salary

(4 salaries)

₹5.45 L/yr - ₹10 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Top skills at Indel Money for Area Manager

Area Management Business Development Operations Management Area Sales Management NBFC gold Process Management Sales Marketing Business Management Branch Supervision

Salary related reviews for Indel Money

2.7

Rated by 8 employees for salary & benefits

Customer Relation Executive in Kochi

Full Time

Human Resources Department

5.0

• posted on 07 Feb 2022

3.0

for Salary and Benefits

Likes

It is place where you can excel if you are good at pitching sales. Their incentives and bonus is definitely good.

Job security - Good

Dislikes

Work pressure to meet the target can sometimes put you in a lot of stress. Requires a lot of traveling.

Promotions - Poor

Branch Sales Manager in Thirumangalam

NBFC Department

3.0

• posted on 09 Aug 2017

4.0

for Salary and Benefits

Likes

...h company ,type of business is mortgage,trade loan, gold loan, insurance, etc... I have relieve reason for job crowth and salary criers, my salary CTC 2.55lac.

Salary - Good

+3 more

Dislikes

No promotion, increment, high politics, etc...

Branch Manager in Khammam

Full Time

Risk Management & Compliance Department

4.0

• posted on 22 Nov 2024

4.0

for Salary and Benefits

Likes

Time to time payments and higher officials treat very friendly culture to their subordinates. especially work culture so healthy. Every day they give motivational speeches .They are trying to boost up to their subordinates. everything is good

Salary - Good

+6 more

Dislikes

Only one thing disliked every employee that one every day positive growth they are expecting from sales team . Commonly up and downs it's happens business and life. finally my indelmoney better than other gold loan companies as of my experience

Customer Relationship Executive in Wayanad

Full Time

Finance & Accounting Department

1.0

• posted on 05 Jul 2023

1.0

for Salary and Benefits

Likes

There are lots of areas which Indel money should grow.

Dislikes

1.When the survey of Great place to work happened the hr team itself completed the survey without informing the staffs. 2.Slection of Area mangers.it should be more selective(Iam comparing with our area manager) 3.Sometimes sunday were working day without a compensatory leave. 4.Even if we applied for a compensatory leave they will reject without a proper reason

Salary - Bad

+6 more

Internal Auditor (working remotely)

Full Time

Finance & Accounting Department

1.0

• posted on 04 Oct 2024

1.0

for Salary and Benefits

Likes

Good Company

Dislikes

Good Company Except Audit Department Extremely low employee satisfaction - Frustration and burnout due to unrealistic workloads - Lack of effective control and accountability - Inadequate relief and support Consequently, several employees have contacted officials and filed complaints against the audit department.

Salary - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Indel Money Area Manager Salary FAQs

What is the salary of Area Manager at Indel Money ?

The average salary of a Area Manager at Indel Money in India typically ranges from ₹4.0 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Area Manager at Indel Money earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Area Manager Salaries at Indel Money 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+ Indel Money employees in India.

What is the estimated take home salary of a Area Manager at Indel Money in India?

The estimated take-home salary of a Area Manager at Indel Money in India typically ranges from ₹38,395 to ₹39,584 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from 7 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 10+ salaries received from various employees of Indel Money. 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 Indel Money ?

To be a Area Manager at Indel Money in india, the key skills required include:

- Area Management
- Business Development
- Operations Management
- Area Sales Management
- NBFC

These skills are highly valued at Indel Money and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Indel Money for Area Manager in India?

Home First Finance Company India	₹8.2 Lakhs to ₹16.0 Lakhs per year
Way2wealth Brokers	₹7.2 Lakhs to ₹12.0 Lakhs per year
Shriram Fortune Solutions	₹4.8 Lakhs to ₹8.0 Lakhs per year
VGM Consultants	₹5.0 Lakhs to ₹6.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indel Money, depending on the role and experience level.

What is the salary of a Area Manager in companies similar to Indel Money in India?

The salary of a Area Manager at companies similar to Indel Money in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Destimoney Securities	₹1.9 Lakhs to ₹7.0 Lakhs per year
Netafim Agricultural Financing Agency	₹3.6 Lakhs to ₹4.4 Lakhs per year
Attica Gold	₹2.9 Lakhs to ₹4.8 Lakhs per year
SHARE Microfin	₹2.1 Lakhs to ₹5.8 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 Indel Money in India?

The salary growth for a Area Manager at Indel Money depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Indel Money:

Experience	Average Salary Range
7 years	₹2.0 Lakhs to ₹5.0 Lakhs per year
8 years	₹5.0 Lakhs to ₹9.0 Lakhs per year
9 years	₹4.0 Lakhs to ₹9.1 Lakhs per year
10 years	₹4.0 Lakhs to ₹5.7 Lakhs per year

and so on.

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Indel Money Area Manager Salaries

Indel Money Area Manager salary in India ranges between ₹4 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Indel Money latest salaries received from various employees of Indel Money.