Mag Finserv Company Belgaum Area Manager Salaries by 3 Employees (Updated 2024)

9 - 12 years exp.

₹4.2 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Area Manager Salary in NBFC Companies for 9 - 12 years of experience

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Salaries in different departments

Finance & Accounting Area Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr
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Sales & Business Development Area Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6 L/yr

Last Updated: 1 Apr 2024

Companies similar to Mag Finserv Company for Area Manager in Belgaum

Mag Finserv Company Area Manager Salary

9 - 12 years exp. (3 salaries)

₹4.2 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Visaka Industries Area Manager Salary 8 - 15 years exp. (4 salaries)	₹7 L/yr - ₹8.5 L/yr 36% more
Beri Udyog Area Manager Salary 9 - 10 years exp. (4 salaries)	₹7.6 L/yr - ₹8.2 L/yr 53% more
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Cholamandalam Investment & Finance Area Manager Salary 8 - 12 years exp. (4 salaries)	₹8.1 L/yr - ₹14.5 L/yr 80% more
Avanti Learning Centres Area Manager Salary 8 - 10 years exp. (3 salaries)	₹5 L/yr - ₹10 L/yr 49% more
Romsons Group Of Industries Area Manager Salary 3 - 7 years exp. (3 salaries)	₹4.4 L/yr - ₹4.8 L/yr 8% less

Area Manager salary at Mag Finserv Company ranges between ₹4.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Mag Finserv Company.

Experience wise Mag Finserv Company Area Manager salaries in Belgaum

Last Updated: 1 Apr 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
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11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.1 L/yr
12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.3 L/yr

Similar Designation salaries in Mag Finserv Company

Product Manager Salary

(4 salaries)

₹2 L/yr - ₹2.6 L/yr

Top skills at Mag Finserv Company for Area Manager

Business Development Microfinance Area Sales Management Market Penetration Credit Underwriting Credit Policy Financial Services Sales

Salary related reviews for Mag Finserv Company

4.0

Rated by 1 employees for salary & benefits

Product Manager in Belgaum

BFSI, Investments & Trading Department

1.0

• posted on 10 Jun 2020

1.0

for Salary and Benefits

Likes

Very worst company they didn't given my 1 month salary & my deducted 3 month's Security deposit Amount also, management very worst, they will not support & they will not given any esic,pf, benefits to employees totally worst company.

Dislikes

Plz dont join that company otherwise your career will stop

Department Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Feb 2024

1.0

for Salary and Benefits

Likes

Only few of my colleagues I met . And nothing is good thr.

Dislikes

As a employee I have seen worst time in my career with this company. Toxic environment,toxic people which can, politics and blamming games only no appreciations ever ,old employees cannot digest changes and new people their . Many of them will keep putting their nose in your business like it's theirs . No support, and authority given but expectations are high with no patience ,no job security,they can do anything without notice . No Peace and satisfaction You will leave only with bad memories. Thanks.

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a technical project manager

Deadend

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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Mag Finserv Company Area Manager Salary FAQs

What is the notice period for Area Manager at Mag Finserv Company in Belgaum?

According to AmbitionBox, 67% of the Mag Finserv Company Area Managers in Belgaum reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Mag Finserv Company Area Manager Salaries in Belgaum

Mag Finserv Company Area Manager salary in Belgaum ranges between ₹4.2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mag Finserv Company latest salaries received from various employees of Mag Finserv Company.