Indostar Capital Finance Mumbai Area Credit Manager Salaries by 4 Employees

10 - 17 years exp.

₹10.7 Lakhs - ₹15 Lakhs

Avg. annual salary

Monthly In-hand Salary

14% less than the average Area Credit Manager Salary in NBFC Companies for 10 - 17 years of experience

Interested in this particular role?

Last Updated: 6 Dec 2023

Companies similar to Indostar Capital Finance for Area Credit Manager in Mumbai

Indostar Capital Finance Area Credit Manager Salary

10 - 17 years exp. (4 salaries)

₹10.7 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Poonawalla Fincorp Area Credit Manager Salary 5 - 13 years exp. (8 salaries)	₹5.6 L/yr - ₹18.7 L/yr 16% more
PNB Housing Finance Area Credit Manager Salary 5 - 9 years exp. (7 salaries)	₹12 L/yr - ₹22 L/yr 53% more	1 job opening
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Aavas Financiers Area Credit Manager Salary 6 - 10 years exp. (4 salaries)	₹6.7 L/yr - ₹11.5 L/yr 11% less	1 job opening
Reliance Home Finance Area Credit Manager Salary 5 - 17 years exp. (3 salaries)	₹11 L/yr - ₹14.8 L/yr 12% more
Ugro Capital Area Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹8.7 L/yr - ₹14.3 L/yr At par

Area Credit Manager salary at Indostar Capital Finance ranges between ₹10.7 Lakhs to ₹15 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Indostar Capital Finance.

Experience wise Indostar Capital Finance Area Credit Manager salaries in Mumbai

Last Updated: 6 Dec 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
11 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
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12 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
13 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
14 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
15+ years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr

View all

Similar Designation salaries in Indostar Capital Finance

Sales Manager Salary

(4 salaries)

₹5.15 L/yr - ₹7.35 L/yr

Branch Manager Salary

(4 salaries)

₹6.5 L/yr - ₹8.1 L/yr

Top skills at Indostar Capital Finance for Area Credit Manager

Credit Management Credit Administration Disbursement Credit OTC Credit Underwriting

Salary related reviews for Indostar Capital Finance

5.0

Rated by 1 employees for salary & benefits

Branch Credit Manager in Mandi Dabwali

Full Time

Finance & Accounting Department

5.0

• posted on 06 Mar 2025

4.0

for Salary and Benefits

Likes

Having work life balance is good also have good company culture

Salary - Good

+6 more

Dislikes

HR not respond on time. My salary was hold due to my reporting manager not approve my leave timely, so i had urgent need of salary , i am doing email and also call to HR for release my salary but not any resolution done.

Branch Manager in Kota, Rajasthan

Finance & Accounting Department

4.0

• posted on 21 Aug 2020

3.0

for Salary and Benefits

Likes

I thanks to Indostar Capital as we have got full salary in Covid-19 for smooth going survival.

Dislikes

This place specially Rajasthan is not good for better future, here seniors are not co operative and they make difference between IIFL and ICFL Team members.

Job security - Bad

+3 more

Area Business Head in Gwalior

Full Time

Sales & Business Development Department

4.0

• posted on 06 Mar 2025

5.0

for Salary and Benefits

Likes

Salary giving on time. Also heard about that company gives good increment & Promotions.

Salary - Excellent

+2 more

Dislikes

My Manager Mr Rizvan Quereshi is not supporting and never motivate to team, He is behave like Boss instead of leader. He should be polite and work together. Other all things are good. He is pressurise to work on Saturday even Sunday on beginning of Months

Field Sales Officer in Bongaigaon City

Full Time

Finance & Accounting Department

4.0

• posted on 09 Dec 2024

4.0

for Salary and Benefits

Likes

While working here i can balance my work and life and salary and benefits is also satisfactory, company culture is also good here and promotion and appraisal is given in appropriate time.

Salary - Good

+6 more

Dislikes

Defiantly not..

Branch Head in Dhupguri

Full Time

Finance & Accounting Department

5.0

• posted on 14 Dec 2023

2.0

for Salary and Benefits

Likes

It's has future but need to take strong decisions regarding BUISNESS improvement also decision making Empowerment to ground level employees.

Dislikes

Salary not matched with my Designation as per my education ad well as my experience.

Salary - Poor

+1 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Indostar Capital Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Indostar Capital Finance in Mumbai?

The average salary of a Area Credit Manager at Indostar Capital Finance in Mumbai typically ranges from ₹10.7 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 10 years to 17 years).

The top 10% of Area Credit Manager in Mumbai at Indostar Capital Finance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Area Credit Manager Salaries at Indostar Capital Finance 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 4 Indostar Capital Finance employees in India.

What is the estimated take home salary of a Area Credit Manager at Indostar Capital Finance in Mumbai?

The estimated take-home salary of a Area Credit Manager at Indostar Capital Finance in Mumbai typically ranges from ₹78,915 to ₹80,967 per month. This is based on the average salary range of ₹10.7 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 10 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 4 salaries received from various employees of Indostar Capital Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Credit Manager at Indostar Capital Finance in Mumbai?

To be a Area Credit Manager at Indostar Capital Finance in Mumbai, the key skills required include:

- Credit Management
- Credit Administration
- Disbursement
- Credit
- OTC

These skills are highly valued at Indostar Capital Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Indostar Capital Finance for Area Credit Manager in India?

PNB Housing Finance	₹12.0 Lakhs to ₹22.0 Lakhs per year
Poonawalla Fincorp	₹5.6 Lakhs to ₹18.7 Lakhs per year
Reliance Home Finance	₹11.0 Lakhs to ₹14.8 Lakhs per year
Ugro Capital	₹8.7 Lakhs to ₹14.3 Lakhs per year

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

What is the salary of a Area Credit Manager in companies similar to Indostar Capital Finance in Mumbai?

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

Aavas Financiers

₹6.7 Lakhs to ₹11.5 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 Credit Manager at Indostar Capital Finance in Mumbai?

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

Experience	Average Salary Range
10 years	₹9.8 Lakhs to ₹12.5 Lakhs per year
11 years	₹9.9 Lakhs to ₹12.6 Lakhs per year
12 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
13 years	₹9.9 Lakhs to ₹12.7 Lakhs per year

and so on.

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Indostar Capital Finance Area Credit Manager Salaries in Mumbai

Indostar Capital Finance Area Credit Manager salary in Mumbai ranges between ₹10.7 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indostar Capital Finance latest salaries received from various employees of Indostar Capital Finance.