Indostar Capital Finance Area Credit Manager Salaries by 10+ Employees (Updated 2024)

6 - 15 years exp.

₹6.5 Lakhs - ₹12 Lakhs

Salary of majority employees

37% less than the average Area Credit Manager Salary in NBFC Companies for 6 - 15 years of experience

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Last Updated: 9 Nov 2024

Companies similar to Indostar Capital Finance for Area Credit Manager in Finance & Accounting department

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Area Credit Manager Salary 5 - 9 years exp. (3 salaries)	₹2.5 L/yr - ₹9.6 L/yr 31% less
Shriram Finance Area Credit Manager Salary 8 - 10 years exp. (4 salaries)	₹10 L/yr - ₹21 L/yr 95% more
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L&T Finance Area Credit Manager Salary 3 - 13 years exp. (34 salaries)	₹7.5 L/yr - ₹22 L/yr 96% more
Mahindra Finance Area Credit Manager Salary 9 - 10 years exp. (3 salaries)	₹9 L/yr - ₹14 L/yr 30% more
Bajaj Finance Area Credit Manager Salary 2 - 12 years exp. (24 salaries)	₹4.4 L/yr - ₹11.5 L/yr 28% more
HDFC Bank Area Credit Manager Salary 5 - 17 years exp. (44 salaries)	₹10.3 L/yr - ₹25 L/yr 146% more
Edelweiss Area Credit Manager Salary 3 - 10 years exp. (10 salaries)	₹7.3 L/yr - ₹14.5 L/yr 36% more
Tata Capital Area Credit Manager Salary 4 - 14 years exp. (36 salaries)	₹10.1 L/yr - ₹30 L/yr 176% more	17 job openings
Aditya Birla Capital Area Credit Manager Salary 7 - 10 years exp. (20 salaries)	₹10 L/yr - ₹21 L/yr 89% more
Reliance Capital Area Credit Manager Salary 8 - 10 years exp. (3 salaries)	₹14 L/yr - ₹16.3 L/yr 113% more
Poonawalla Fincorp Area Credit Manager Salary 5 - 12 years exp. (70 salaries)	₹4.2 L/yr - ₹16.5 L/yr 34% more	3 job openings
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Aavas Financiers Area Credit Manager Salary 4 - 14 years exp. (41 salaries)	₹5.5 L/yr - ₹12 L/yr 19% more
PNB Housing Finance Area Credit Manager Salary 4 - 10 years exp. (15 salaries)	₹10 L/yr - ₹22 L/yr 92% more	1 job opening
Ugro Capital Area Credit Manager Salary 5 - 10 years exp. (14 salaries)	₹7.3 L/yr - ₹15.7 L/yr 52% more
Capri Global Capital Area Credit Manager Salary 5 - 13 years exp. (11 salaries)	₹7.6 L/yr - ₹12 L/yr 30% more
Electronica Finance Area Credit Manager Salary 5 - 9 years exp. (10 salaries)	₹4.8 L/yr - ₹7 L/yr 12% less
Sammaan Capital Limited Area Credit Manager Salary 4 - 15 years exp. (9 salaries)	₹6.3 L/yr - ₹14 L/yr 44% more
Kotak Mahindra Prime Area Credit Manager Salary 6 - 10 years exp. (7 salaries)	₹7 L/yr - ₹15.3 L/yr 84% more
Mahindra Rural Housing Finance Area Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹7 L/yr - ₹13 L/yr 20% more
Tata Capital Housing Finance Area Credit Manager Salary 4 - 14 years exp. (6 salaries)	₹15 L/yr - ₹16.1 L/yr 113% more

View all

Area Credit Manager salary at Indostar Capital Finance ranges between ₹6.5 Lakhs to ₹12 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 14 latest salaries received from various employees of Indostar Capital Finance.

Latest annual salaries shared by Indostar Capital Finance Area Credit Manager in Finance & Accounting department

1mo ago

11 years exp.

2mo ago

7 years exp.

4mo ago

10 years exp.

9mo ago

15 years exp.

1y ago

13 years exp.

1y ago

12 years exp.

1y ago

9 years exp.

1y ago

13 years exp.

1y ago

15 years exp.

1y ago

15 years exp.

Experience wise Indostar Capital Finance Area Credit Manager salaries in Finance & Accounting department

Last Updated: 9 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7 L/yr
7 years (3 salaries)	₹6.5 L/yr - ₹7.5 L/yr
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8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
10 years (3 salaries)	₹2.9 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
13 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹9.2 L/yr
14 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹9 L/yr
15+ years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9.5 L/yr

View all

Similar Designation salaries in Indostar Capital Finance

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Branch Credit Manager Salary

(71 salaries)

₹1.45 L/yr - ₹7.25 L/yr

Credit Manager Salary

(24 salaries)

₹2.75 L/yr - ₹7 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Regional Credit Manager Salary

(6 salaries)

₹14 L/yr - ₹29.5 L/yr

Assistant Credit Manager Salary

(6 salaries)

₹2.35 L/yr - ₹5.85 L/yr

Branch Manager Salary

(68 salaries)

₹3.1 L/yr - ₹9.5 L/yr

Sales Manager Salary

(16 salaries)

₹3.5 L/yr - ₹7.35 L/yr

Credit Officer Salary

(16 salaries)

₹2 L/yr - ₹4.5 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

4.4

Rated by 8 employees for salary & benefits

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.

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.

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.

Associate in Tenkasi

Marketing & Communication Department

3.0

• posted on 08 Jun 2022

3.0

for Salary and Benefits

Likes

Job security and career growth and work satisfaction

Dislikes

There is a lot of politics and management doesn't address our issues.salary is decent but career growth is slow.I am working in 2yrs above no improve the job growth.

Area Manager in Jodhpur

BFSI, Investments & Trading Department

5.0

• posted on 16 May 2021

5.0

for Salary and Benefits

Likes

...e is a huge cafeteria and gaming arcade for chilling .company policies are good.appraisals are fair and they give good salary hike and bonus every year

Dislikes

Threr is lot of politics and the management doesn't address our issue

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a technical project manager

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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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Indostar Capital Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Indostar Capital Finance in Finance & Accounting department?

Area Credit Manager salary at Indostar Capital Finance in Finance & Accounting department in India ranges between ₹6.5 Lakhs to ₹12.0 Lakhs for experience between 6 years to 15 years. According to our estimates it is 37% less than the average Area Credit Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Indostar Capital Finance India in Finance & Accounting department.

How does the salary of a Area Credit Manager at Indostar Capital Finance India in Finance & Accounting department compare with the average salary range for this job?

The average salary of a Area Credit Manager at Indostar Capital Finance in Finance & Accounting department is 37% less 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 Indostar Capital Finance?

Credit Management, Credit Administration, Disbursement, Credit and OTC are some of the popular skills required to work as a Area Credit Manager at Indostar Capital Finance India.

Which similar companies are paying more than Indostar Capital Finance to a Area Credit Manager in Finance & Accounting department in India?

Tata Capital Area Credit Manager Salary - ₹10.1 Lakhs to ₹30.0 Lakhs per year
HDFC Bank Area Credit Manager Salary - ₹10.3 Lakhs to ₹25.0 Lakhs per year
Reliance Capital Area Credit Manager Salary - ₹14.0 Lakhs to ₹16.3 Lakhs per year
Tata Capital Housing Finance Area Credit Manager Salary - ₹15.0 Lakhs to ₹16.1 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹7.5 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Area Credit Manager in Finance & Accounting department in companies similar to Indostar Capital Finance in India?

Shriram Finance Area Credit Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
PNB Housing Finance Area Credit Manager Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year
Aditya Birla Capital Area Credit Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
REPCO HOME FINANCE Area Credit Manager Salary - ₹10.6 Lakhs to ₹16.5 Lakhs per year
Kotak Mahindra Prime Area Credit Manager Salary - ₹7.0 Lakhs to ₹15.3 Lakhs per year

What is the estimated take home salary of a Area Credit Manager in Finance & Accounting department at Indostar Capital Finance in India?

The estimated take-home salary of a Area Credit Manager in Finance & Accounting department at Indostar Capital Finance ranges between ₹55,357 per month to ₹56,742 per month in India. The take-home salary calculation is based on the average Indostar Capital Finance Area Credit Manager salary in India which ranges between ₹6.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager in Finance & Accounting department at Indostar Capital Finance?

According to AmbitionBox, 91% of the Indostar Capital Finance Area Credit Managers in Finance & Accounting department reported a notice period of 3 Months, 9% reported a notice period of 2 Months.This is based on 11 responses on AmbitionBox in last 2 years.

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Indostar Capital Finance Area Credit Manager Salaries by Location

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Indostar Capital Finance Area Credit Manager Salaries in Finance & Accounting

Indostar Capital Finance Area Credit Manager salary in Finance & Accounting department in India ranges between ₹6.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Indostar Capital Finance latest salaries received from various employees of Indostar Capital Finance.

Indostar Capital Finance Area Credit Manager salaries in Finance & Accounting in India

Companies similar to Indostar Capital Finance for Area Credit Manager in Finance & Accounting department

Latest annual salaries shared by Indostar Capital Finance Area Credit Manager in Finance & Accounting department

Experience wise Indostar Capital Finance Area Credit Manager salaries in Finance & Accounting department

Similar Designation salaries in Indostar Capital Finance

Top skills at Indostar Capital Finance for Area Credit Manager

Salary related reviews for Indostar Capital Finance

Branch Manager in Kota, Rajasthan

Field Sales Officer in Bongaigaon City

Branch Head in Dhupguri

Associate in Tenkasi

Area Manager in Jodhpur

Indostar Capital Finance Area Credit Manager Salary FAQs

Tell us how to improve this page.

Indostar Capital Finance Area Credit Manager Salaries by Location