Nivara Home Finance Area Credit Manager Salaries by 4 Employees (Updated 2024)

11 - 20 years exp.

₹7.5 Lakhs - ₹10.8 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Area Credit Manager Salary in Financial Services Companies for 11 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr
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Risk Management & Compliance Area Credit Manager Salary 20 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 25 Aug 2023

Companies similar to Nivara Home Finance for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Area Credit Manager Salary 4 - 15 years exp. (80 salaries)	₹5 L/yr - ₹12 L/yr 12% more
REPCO HOME FINANCE Area Credit Manager Salary 9 - 12 years exp. (4 salaries)	₹10.6 L/yr - ₹16.5 L/yr 64% more
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LIC Housing Finance Area Credit Manager Salary 4 - 20 years exp. (4 salaries)	₹8.5 L/yr - ₹20 L/yr 80% more
HDFC Bank Area Credit Manager Salary 5 - 17 years exp. (214 salaries)	₹9.3 L/yr - ₹30 L/yr 119% more
Sammaan Capital Limited Area Credit Manager Salary 4 - 15 years exp. (52 salaries)	₹5.1 L/yr - ₹15.1 L/yr 24% more
Piramal Capital Housing Finance Area Credit Manager Salary 4 - 12 years exp. (74 salaries)	₹8 L/yr - ₹17 L/yr 56% more
PNB Housing Finance Area Credit Manager Salary 4 - 10 years exp. (50 salaries)	₹9 L/yr - ₹22 L/yr 70% more	1 job opening
Profectus Capital Area Credit Manager Salary 4 - 11 years exp. (50 salaries)	₹10.2 L/yr - ₹21 L/yr 91% more
Dmi Housing Finance Area Credit Manager Salary 8 - 10 years exp. (4 salaries)	₹10 L/yr - ₹15 L/yr 46% more
Reliance Money Area Credit Manager Salary 5 - 15 years exp. (4 salaries)	₹11.2 L/yr - ₹13 L/yr 44% more
Karvy Financial Services Area Credit Manager Salary 12 - 14 years exp. (3 salaries)	₹12 L/yr - ₹13.2 L/yr 46% more
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Area Credit Manager salary at Nivara Home Finance ranges between ₹7.5 Lakhs to ₹10.8 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Nivara Home Finance.

Experience wise Nivara Home Finance Area Credit Manager salaries

Last Updated: 25 Aug 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
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13 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹15.8 L/yr
15+ years (AmbitionBox Estimate)	₹7.5 L/yr - ₹8.5 L/yr

Similar Designation salaries in Nivara Home Finance

Branch Credit Manager Salary

(14 salaries)

₹3.03 L/yr - ₹6.25 L/yr

Credit Manager Salary

(6 salaries)

₹2.55 L/yr - ₹5.1 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹5.5 L/yr - ₹7.2 L/yr

Deputy Credit Manager Salary

(13 salaries)

₹2.8 L/yr - ₹4 L/yr

Regional Credit Manager Salary

(3 salaries)

₹7 L/yr - ₹17 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Branch Manager Salary

(5 salaries)

₹3.6 L/yr - ₹6 L/yr

Sales Manager Salary

(29 salaries)

₹3 L/yr - ₹5.15 L/yr

Credit Officer Salary

(15 salaries)

₹2.25 L/yr - ₹3 L/yr

Relationship Manager Salary

(3 salaries)

₹2.5 L/yr - ₹14 L/yr

Salary related reviews for Nivara Home Finance

4.0

Rated by 1 employees for salary & benefits

Sales Officer in Aurangabad

Full Time

Sales & Business Development Department

1.0

• posted on 02 Feb 2023

1.0

for Salary and Benefits

Likes

Very very Bad experience In my career Nivara Home finance limited company is Froud he is not take care of employees and not giving salary to offroll employees I hshs

Dislikes

Salary not giving to offroll employees My salary also not get

Relationship Manager in Bangalore Rural

Other Department

1.0

• posted on 01 Dec 2020

1.0

for Salary and Benefits

Likes

...d .upto Feb not given single rupee for allowvance..for me came covid positive..on that not paid salary. And 0'/. Support from HR and higher authority..

Dislikes

HR rules ..they didn't understand emergency problems..in covid they r told me to Doo .. notice period..in emergency time.

Sales Executive in Eluru

Full Time

Finance Department

1.0

• posted on 05 Dec 2022

1.0

for Salary and Benefits

Likes

Worst company and worst manager They playing with us , my salary stolen unfairly not correct this is even hr also worst she not listening what iam saying

Dislikes

More work Pressure Stolen my salary unfairly mainly that manager and hr s are worst i never seen this type of people bad behaviour they alwasy playing with middle class people waste manger 😡😡😡

Sales Executive in Pimpri-Chinchwad

Full Time

Sales & Business Development Department

3.0

• posted on 10 Dec 2022

4.0

for Salary and Benefits

Likes

Good Incentives

Dislikes

Rate Of Interest is much higher than other finance companies, Cheque Handover Issue to costumer, Pimpri Branch Area Sales Manager is Devil his behavior with staff is very bad, nivara is not take a call on big ammount cases less than 20 lakh.

Sales Officer in Aurangabad

Full Time

Sales & Business Development Department

1.0

• posted on 02 Feb 2023

1.0

for Salary and Benefits

Likes

Very very bad experience in my career i am lost 4 month my life 3rd class company

Dislikes

The company only gives the scheme and nothing to the workers. The management is very bad. The seniors do not understand anything. They rob the customers. Don't take any loans.

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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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Nivara Home Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Nivara Home Finance?

Area Credit Manager salary at Nivara Home Finance in India ranges between ₹7.5 Lakhs to ₹10.8 Lakhs for experience between 11 years to 20 years. According to our estimates it is 29% less than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Nivara Home Finance India.

How does the salary of a Area Credit Manager at Nivara Home Finance India compare with the average salary range for this job?

The average salary of a Area Credit Manager at Nivara Home Finance is 29% less than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Nivara Home Finance to a Area Credit Manager in India?

HDFC Bank Area Credit Manager Salary - ₹9.3 Lakhs to ₹30.0 Lakhs per year
Profectus Capital Area Credit Manager Salary - ₹10.2 Lakhs to ₹21.0 Lakhs per year
LIC Housing Finance Area Credit Manager Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year
PNB Housing Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
REPCO HOME FINANCE Area Credit Manager Salary - ₹10.6 Lakhs to ₹16.5 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to Nivara Home Finance in India?

Piramal Capital Housing Finance Area Credit Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
Dmi Housing Finance Area Credit Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
Karvy Financial Services Area Credit Manager Salary - ₹12.0 Lakhs to ₹13.2 Lakhs per year
Reliance Money Area Credit Manager Salary - ₹11.2 Lakhs to ₹13.0 Lakhs per year
Sammaan Capital Limited Area Credit Manager Salary - ₹5.1 Lakhs to ₹15.1 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Nivara Home Finance in India?

The estimated take-home salary of a Area Credit Manager at Nivara Home Finance ranges between ₹62,160 per month to ₹63,738 per month in India. The take-home salary calculation is based on the average Nivara Home Finance Area Credit Manager salary in India which ranges between ₹7.5 Lakhs to ₹10.8 Lakhs per year for employees with experience between 11 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Nivara Home Finance?

According to AmbitionBox, 100% of the Nivara Home Finance Area Credit Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Nivara Home Finance Area Credit Manager Salaries

Nivara Home Finance Area Credit Manager salary in India ranges between ₹7.5 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nivara Home Finance latest salaries received from various employees of Nivara Home Finance.