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Indel Money Area Manager salaries in India

Annual salary range
7 - 17 years exp.
₹4 Lakhs - ₹5.7 Lakhs
Salary of majority employees
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47% less than the average Area Manager Salary in Financial Services Companies for 7 - 17 years of experience

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Salaries in different departments

Finance & Accounting
Area Manager Salary
11 - 17 years exp. (4 salaries)
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₹4.9 L/yr - ₹5.5 L/yr

Sales & Business Development
Area Manager Salary
7 - 12 years exp. (4 salaries)
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₹5 L/yr - ₹5.7 L/yr

BFSI, Investments & Trading
Area Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹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
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SHARE Microfin Area Manager Salary

3 - 18 years exp. (33 salaries)

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₹2.1 L/yr - ₹5.8 L/yr

arrow icon 35% less
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Shriram Fortune Solutions Area Manager Salary

7 - 18 years exp. (9 salaries)

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₹4.8 L/yr - ₹8 L/yr

arrow icon 42% more
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Attica Gold Area Manager Salary

9 - 10 years exp. (5 salaries)

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₹2.9 L/yr - ₹4.8 L/yr

arrow icon 23% less
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Destimoney Securities Area Manager Salary

5 - 7 years exp. (4 salaries)

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₹1.9 L/yr - ₹7 L/yr

arrow icon 14% less
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Way2wealth Brokers Area Manager Salary

12 - 23 years exp. (4 salaries)

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₹7.2 L/yr - ₹12 L/yr

arrow icon 93% more
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₹8.2 L/yr - ₹16 L/yr

arrow icon 117% more
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VGM Consultants Area Manager Salary

15 - 22 years exp. (3 salaries)

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₹5 L/yr - ₹6.7 L/yr

arrow icon 18% more
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₹3.6 L/yr - ₹4.4 L/yr

arrow icon 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.

Latest annual salaries shared by Indel Money Area Manager

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8 years exp.
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7 years exp.
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12 years exp.
10mo ago
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10 years exp.
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14 years exp.
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11 years exp.
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16 years exp.
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17 years exp.
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14 years exp.
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9 years exp.

Experience wise Indel Money Area Manager salaries

Last Updated: 10 Oct 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)

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₹4 L/yr - ₹9.1 L/yr
10 years  (3 salaries)

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₹4 L/yr - ₹5.7 L/yr
11 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹9.1 L/yr
View all

Similar Designation salaries in Indel Money

Sales Manager Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Branch Manager Salary
(63 salaries)
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₹2.1 L/yr - ₹5.32 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Deputy Manager Salary
(3 salaries)
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₹3.2 L/yr - ₹4 L/yr
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₹5.45 L/yr - ₹10 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.5 L/yr
Senior Sales Executive Salary
(AmbitionBox Estimate)
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₹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

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.

read more
  • 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

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.

read more
  • Salary - Good
  • +3 more

Dislikes

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

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

read more
  • 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

read more

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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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.

Tell us how to improve this page.

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