PNB Housing Finance Indore Area Credit Manager Salaries by 5 Employees

5 - 9 years exp.

₹10 Lakhs - ₹17.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

11% more than the average Area Credit Manager Salary in NBFC Companies for 5 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Area Credit Manager Salary 5 - 8 years exp. (3 salaries)	₹10 L/yr - ₹17.5 L/yr
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BFSI, Investments & Trading Area Credit Manager Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹13.6 L/yr - ₹15.5 L/yr

Last Updated: 24 Jul 2024

Companies similar to PNB Housing Finance for Area Credit Manager in Indore

PNB Housing Finance Area Credit Manager Salary

5 - 9 years exp. (5 salaries)

₹10 L/yr - ₹17.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Poonawalla Fincorp Area Credit Manager Salary 5 - 9 years exp. (8 salaries)	₹5.9 L/yr - ₹15 L/yr 10% less
ICICI Bank Area Credit Manager Salary 2 - 10 years exp. (10 salaries)	₹7.1 L/yr - ₹15 L/yr 9% less
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HDFC Bank Area Credit Manager Salary 6 - 18 years exp. (9 salaries)	₹12 L/yr - ₹30 L/yr 28% more
AU Small Finance Bank Area Credit Manager Salary 8 - 11 years exp. (9 salaries)	₹8 L/yr - ₹11.9 L/yr 28% less
Cholamandalam Investment & Finance Area Credit Manager Salary 7 - 13 years exp. (8 salaries)	₹7.5 L/yr - ₹12.3 L/yr 17% less

Area Credit Manager salary at PNB Housing Finance ranges between ₹10 Lakhs to ₹17.5 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of PNB Housing Finance.

Experience wise PNB Housing Finance Area Credit Manager salaries in Indore

Last Updated: 24 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
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7 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.2 L/yr
8 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
9 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.3 L/yr

From

Area Credit Manager

5 - 10 years exp.

Regional Credit Manager

9 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in PNB Housing Finance

Branch Credit Manager Salary

(12 salaries)

₹4.5 L/yr - ₹9.3 L/yr

Sales Manager Salary

(3 salaries)

₹3.58 L/yr - ₹4.5 L/yr

Regional Credit Manager Salary

(3 salaries)

₹22.8 L/yr - ₹27 L/yr

Top skills at PNB Housing Finance for Area Credit Manager

Underwriting Loans Management Credit Management housing finance Interpersonal Skills Risk Mitigation Software Configuration Management People Development Home Loans Analytical skills Communication Skills Legal Leased Line Medical Underwriting

Salary related reviews for PNB Housing Finance

4.5

Rated by 2 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

Deposits Department

1.0

• posted on 22 Jul 2021

2.0

for Salary and Benefits

Likes

Salary ontime, Brach team mates are good,

Dislikes

Two time biometric attendance everyday, Leaves will be adjusted with Notice periods won't pay for leaves adjusted, North Indian favourism, Improper Reporting system, Politics, Career Growth is very slow, HR is poor, No appraisal, Operation and backoffice systems are not up to date, Hire and Fire Policy.

Salary - Poor

+5 more

Branch Manager in New Delhi

Sales & Marketing Department

5.0

• posted on 10 Mar 2022

3.0

for Salary and Benefits

Likes

It's a very good company for any learners and work culture ,and seniors are like family members who understands to team

Skill development - Excellent

+3 more

Dislikes

Work life balance is pathetic .There is no family life and low salary compensation

Work-life balance - Poor

Senior IT Executive in Noida

Full Time

IT & Information Security Department

2.0

• posted on 09 Mar 2025

3.0

for Salary and Benefits

Likes

Nothing has to like, Job security only

Job security - Good

Dislikes

...oid to Join , PNB HOUSING staffS are also not giving value of PHFL's employees. And PnB Housing employee get bonus but PHFL not get yearly bonus only 1 salary , In Diwali gift PNB HOUSING emp get 3000 worth coupon of Amazon but PHFL get 1000 , PNB housing get 5lcas medicalaim but PHFL get 2 lacs Mediclaim in mediclaim PNB Housing can reimburse day care like doctor consult fee and checkup charge but PHFL emp has to admit for 24 hours atleast then they can get reimbursement. Salary is very low and increment is also very low for PHFL. Also office time is 30 minutes extra for PHFL employees.

Skill development - Poor

+3 more

Junior Manager in New Delhi

Full Time

Other Department

2.0

• posted on 05 Feb 2024

2.0

for Salary and Benefits

Likes

Timings 10-5:30 , salary on time

Dislikes

Never follows there own timings which they mention in offer letter usually it's 10-5:30 but it always stretch by 2-3 hrs without getting paid for it and it's seems you are a puppet for them. On appraisal they will show there real face. Assignment is done to ensure employees cannot complete it with in 7 hrs, 10 hrs daily shift, once a person is hired and if they cannot stretch daily they make him/her resign by frequently taking feedback meetings and scolding.

Salary - Poor

+4 more

Relationship Officer in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

There are very few things which I liked about the company. 1. Work life balance 2. Supporting Managers

Work satisfaction - Good

+2 more

Dislikes

... you are appointed as Relationship Officer then you will be off-role employee 3. Very few benefits apart from basic salary

Promotions - Poor

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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PNB Housing Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at PNB Housing Finance in Indore?

The average salary of a Area Credit Manager at PNB Housing Finance in Indore typically ranges from ₹10.0 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Area Credit Manager in Indore at PNB Housing Finance earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Area Credit Manager Salaries at PNB Housing 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 5 PNB Housing Finance employees in India.

What is the estimated take home salary of a Area Credit Manager at PNB Housing Finance in Indore?

The estimated take-home salary of a Area Credit Manager at PNB Housing Finance in Indore typically ranges from ₹99,423 to ₹1,02,126 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 5 years to 9 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 5 salaries received from various employees of PNB Housing 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 PNB Housing Finance in Indore?

To be a Area Credit Manager at PNB Housing Finance in Indore, the key skills required include:

- Underwriting
- Loans
- Management
- Credit Management
- housing finance

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

Which companies offer higher salaries than PNB Housing Finance for Area Credit Manager in India?

HDFC Bank

₹12.0 Lakhs to ₹30.0 Lakhs per year

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

What is the salary of a Area Credit Manager in companies similar to PNB Housing Finance in Indore?

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

ICICI Bank	₹7.1 Lakhs to ₹15.0 Lakhs per year
Poonawalla Fincorp	₹5.9 Lakhs to ₹15.0 Lakhs per year
Cholamandalam Investment & Finance	₹7.5 Lakhs to ₹12.3 Lakhs per year
AU Small Finance Bank	₹8.0 Lakhs to ₹11.9 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 PNB Housing Finance in Indore?

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

Experience	Average Salary Range
5 years	₹11.8 Lakhs to ₹15.0 Lakhs per year
6 years	₹12.2 Lakhs to ₹15.6 Lakhs per year
7 years	₹12.6 Lakhs to ₹16.2 Lakhs per year
8 years	₹13.1 Lakhs to ₹16.7 Lakhs per year

and so on.

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PNB Housing Finance Area Credit Manager Salaries in Indore

PNB Housing Finance Area Credit Manager salary in Indore ranges between ₹10 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 PNB Housing Finance latest salaries received from various employees of PNB Housing Finance.