NBFC Mumbai Area Credit Manager Salaries by 3 Employees (Updated 2025)

3 - 8 years exp.

₹9.8 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

At par with the average Area Credit Manager Salary in Insurance Companies for 3 - 8 years of experience

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Last Updated: 26 Jun 2023

Companies similar to NBFC for Area Credit Manager in Mumbai

NBFC Area Credit Manager Salary

3 - 8 years exp. (3 salaries)

₹9.8 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 6 - 16 years exp. (26 salaries)	₹7.5 L/yr - ₹26 L/yr 40% more
Bajaj Finance Area Credit Manager Salary 3 - 8 years exp. (3 salaries)	₹9.8 L/yr - ₹10.6 L/yr 25% less
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ICICI Bank Area Credit Manager Salary 1 - 13 years exp. (46 salaries)	₹5.2 L/yr - ₹19 L/yr 6% less
Axis Bank Area Credit Manager Salary 4 - 13 years exp. (27 salaries)	₹9.6 L/yr - ₹22.8 L/yr 13% more
Kotak Mahindra Bank Area Credit Manager Salary 5 - 10 years exp. (13 salaries)	₹7 L/yr - ₹18 L/yr 10% more
Tata Capital Area Credit Manager Salary 3 - 13 years exp. (20 salaries)	₹10.9 L/yr - ₹30 L/yr 51% more	11 job openings
Aditya Birla Capital Area Credit Manager Salary 7 - 11 years exp. (8 salaries)	₹10 L/yr - ₹16 L/yr 9% more
L&T Finance Area Credit Manager Salary 3 - 13 years exp. (37 salaries)	₹8 L/yr - ₹20 L/yr 2% less

Area Credit Manager salary at NBFC ranges between ₹9.8 Lakhs to ₹15 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of NBFC.

Experience wise NBFC Area Credit Manager salaries in Mumbai

Last Updated: 26 Jun 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
7 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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8 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr

Similar Designation salaries in NBFC

Credit Manager Salary

(5 salaries)

₹3 L/yr - ₹8 L/yr

Salary related reviews for NBFC

Back Office Executive in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Jul 2024

2.0

for Salary and Benefits

Likes

Nbfc are hell for anyone…some of target and money greedy companies wants 100% for employee and want from them to work overtime no holiday in closings and if any festival comes in closing they will not give holiday.. If your employee is not happy how could he work better…

Skill development - Good

+3 more

Dislikes

Work load and salary low

Salary - Poor

+1 more

Bajaj Finance Limited in Mumbai

Asset Based Finance . FD . Secured and Unsecured Loans both.. Department

5.0

• posted on 22 Apr 2019

5.0

for Salary and Benefits

Likes

...gement is very demanding. It's very tough and challenging for middle Management. Compensation , R&R , salary increment is better then competition.

Salary - Excellent

+4 more

Dislikes

Higher management is very demanding. It's very tough and challenging for middle Management. Work Life balance is poor.

Work-life balance - Poor

Assistant Manager

Sales & Business Development Department

4.0

• posted on 04 Oct 2017

4.0

for Salary and Benefits

Likes

Highly motivated teams, proper training, innovations in marketing, helps for a strong foundation in career growth are good aspects

Salary - Good

+1 more

Dislikes

No job security and less career growth less salary, bad work-life balance

Job security - Poor

Assistant Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

Yeah company policy and work managment are really great because I joined 2017 and now I m working same company.

Salary - Good

+6 more

Dislikes

Not any particular as always there is two thing's of anything but it's depend on us that how can we manage or balanced.

Senior Area Collection Manager in Wani

BFSI, Investments & Trading Department

5.0

• posted on 28 Oct 2021

5.0

for Salary and Benefits

Likes

i like the working culture of NBFC in collection segment. as well as there is fast career growth based on performance along with salary increment.

Salary - Excellent

+3 more

Dislikes

In NBFC their is problem of holiday as compare to banking sector.

Work-life balance - Poor

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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NBFC Area Credit Manager Salary FAQs

What is the notice period for Area Credit Manager at NBFC in Mumbai?

According to AmbitionBox, 100% of the NBFC Area Credit Managers in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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NBFC Area Credit Manager Salaries in Mumbai

NBFC Area Credit Manager salary in Mumbai ranges between ₹9.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 NBFC latest salaries received from various employees of NBFC.