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Poonawalla Finance Area Credit Manager salaries in India

Annual salary range
5 - 11 years exp.
₹4.8 Lakhs - ₹19.3 Lakhs
Salary of majority employees
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10% less than the average Area Credit Manager Salary in NBFC Companies for 5 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
5 - 10 years exp. (15 salaries)
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₹5 L/yr - ₹19.3 L/yr

Finance & Accounting
Area Credit Manager Salary
5 - 11 years exp. (6 salaries)
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₹4.8 L/yr - ₹16.4 L/yr

Risk Management & Compliance
Area Credit Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹16 L/yr

Last Updated: 18 May 2024

Companies similar to Poonawalla Finance for Area Credit Manager

Company name Avg Annual Salary Open Jobs
Logo
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₹6.1 L/yr - ₹16.5 L/yr

arrow icon 3% more
1 job opening
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Hero FinCorp Area Credit Manager Salary

5 - 13 years exp. (130 salaries)

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₹7.3 L/yr - ₹20.4 L/yr

arrow icon 35% more
1 job opening
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Bajaj Finance Area Credit Manager Salary

3 - 12 years exp. (87 salaries)

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₹4.4 L/yr - ₹14 L/yr

arrow icon 11% less
Logo
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₹6 L/yr - ₹16 L/yr

arrow icon 2% more
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SMFG India Credit Area Credit Manager Salary

5 - 14 years exp. (41 salaries)

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₹6 L/yr - ₹23.7 L/yr

arrow icon 31% more
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₹6 L/yr - ₹11.7 L/yr

arrow icon 23% less
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Sewa Grih Rin Area Credit Manager Salary

5 - 11 years exp. (20 salaries)

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₹5 L/yr - ₹14.9 L/yr

arrow icon 20% less
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Rattanindia Finance Area Credit Manager Salary

7 - 18 years exp. (14 salaries)

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₹9.5 L/yr - ₹14.1 L/yr

arrow icon 10% more
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₹9.2 L/yr - ₹21.7 L/yr

arrow icon 28% more
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ECL Finance Area Credit Manager Salary

3 - 13 years exp. (7 salaries)

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₹9 L/yr - ₹11 L/yr

arrow icon 13% less
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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 70% less
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Inditrade Capital Area Credit Manager Salary

5 - 15 years exp. (3 salaries)

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₹13.2 L/yr - ₹13.6 L/yr

arrow icon 24% more
Area Credit Manager salary at Poonawalla Finance ranges between ₹4.8 Lakhs to ₹19.3 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 32 latest salaries received from various employees of Poonawalla Finance.

Latest annual salaries shared by Poonawalla Finance Area Credit Manager

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Experience wise Poonawalla Finance Area Credit Manager salaries

Last Updated: 18 May 2024

Experience Avg Annual Salary
5 years  (12 salaries)

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₹4.8 L/yr - ₹19.3 L/yr
6 years  (4 salaries)

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₹6 L/yr - ₹20.2 L/yr
7 years  (7 salaries)

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₹5.5 L/yr - ₹19.3 L/yr
8 years  (4 salaries)

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₹7 L/yr - ₹14.4 L/yr
9 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹12 L/yr
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Similar Designation salaries in Poonawalla Finance

Zonal Credit Manager Salary
(AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr
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₹5.2 L/yr - ₹9.5 L/yr
Credit Manager Salary
(37 salaries)
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₹3 L/yr - ₹10 L/yr
Cluster Credit Manager Salary
(AmbitionBox Estimate)
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₹11.9 L/yr - ₹15.2 L/yr
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₹19 L/yr - ₹32 L/yr
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₹3.6 L/yr - ₹5.6 L/yr
Branch Manager Salary
(6 salaries)
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₹5.8 L/yr - ₹9 L/yr
Sales Manager Salary
(6 salaries)
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₹4 L/yr - ₹7 L/yr
Credit Officer Salary
(8 salaries)
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₹2.16 L/yr - ₹4.25 L/yr
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₹2.2 L/yr - ₹5.7 L/yr

Top skills at Poonawalla Finance for Area Credit Manager

Credit Management Credit Appraisal Due Diligence Credit Rating Lap Credit Policy Financial Statements Business Loan Process Training Analytical skills Communication Skills Working Capital Team Management Mba Finance Underwriting

Salary related reviews for Poonawalla Finance

2.6

Rated by 4 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 03 Jan 2023

1.0
 for  Salary and Benefits

Likes

...Assistant manager saying there is no rules for promotion after senior executive. I am searching new job where i can get salary hike as well as promotion. I suggest not to join poonawalla fincorp as there is no job stablity. Any time they can trnasfer to any roll. I transfered operations to collection. This is the wrost company ever.

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Dislikes

Company any time transfer to any roll withouth informing. I transferd to collection with immediate effect. I suggest do not join the wrost company poonawalla fincorp ltd.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 18 Jun 2023

4.0
 for  Salary and Benefits

Likes

Good as giving chances to less experienced people

  • Salary - Good

Dislikes

...ly sales oriented and many technical things are neglected in business pressure..less salary high working hours

read more
  • Job security - Poor
  • +2 more

Full Time

 · 

Other Department

5.0
  •  posted on 20 Oct 2022

5.0
 for  Salary and Benefits

Likes

Poonawalla Finance Reviews by current and past employees about ✓salary & benefits ✓work culture ✓skill development ✓career grow

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  • Salary - Excellent
  • +6 more

Dislikes

Poonawalla Finance Reviews by current and past employees about ✓salary & benefits ✓work culture ✓skill development ✓career growth ✓job security ...

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Full Time

 · 

Other Department

3.0
  •  posted on 11 Nov 2023

3.0
 for  Salary and Benefits

Likes

I like only giving 2 days weekly off

Dislikes

I most dislike this company because there is no proper sitting place in office, not a good environment, not good working culture, nothing to learn something in this company.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Apr 2023

1.0
 for  Salary and Benefits

Likes

System are quite advance

Dislikes

Whether it's appraisal, job security or worklife balance all are pathetic. They just say 3saturdays off but u will get only 2saturday and rest all days will be working including sundays.

read more
  • Salary - Bad
  • +5 more
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Poonawalla Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Poonawalla Finance ?
The average salary of a Area Credit Manager at Poonawalla Finance in India typically ranges from ₹4.8 Lakhs to ₹19.3 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Area Credit Manager at Poonawalla Finance earn more than ₹16.3 Lakhs per year, and the top 1% earn over ₹19.3 Lakhs per year. Area Credit Manager Salaries at Poonawalla 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 30+ Poonawalla Finance employees in India.
What is the estimated take home salary of a Area Credit Manager at Poonawalla Finance in India?
The estimated take-home salary of a Area Credit Manager at Poonawalla Finance in India typically ranges from ₹77,738 to ₹79,756 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹19.3 Lakhs per year for employees with experience ranging from 5 years to 11 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 30+ salaries received from various employees of Poonawalla 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 Poonawalla Finance ?
To be a Area Credit Manager at Poonawalla Finance in india, the key skills required include:

  • - Credit Management
  • - Credit Appraisal
  • - Due Diligence
  • - Credit Rating
  • - Lap

These skills are highly valued at Poonawalla Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Poonawalla Finance for Area Credit Manager in India?
Hero FinCorp ₹7.3 Lakhs to ₹20.4 Lakhs per year
SMFG India Credit ₹6.0 Lakhs to ₹23.7 Lakhs per year
Anand Rathi Global Finance ₹9.2 Lakhs to ₹21.7 Lakhs per year
Inditrade Capital ₹13.2 Lakhs to ₹13.6 Lakhs per year
Rattanindia Finance ₹9.5 Lakhs to ₹14.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Poonawalla Finance, depending on the role and experience level.
What is the salary of a Area Credit Manager in companies similar to Poonawalla Finance in India?
The salary of a Area Credit Manager at companies similar to Poonawalla Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services ₹6.1 Lakhs to ₹16.5 Lakhs per year
Bajaj Housing Finance ₹6.0 Lakhs to ₹16.0 Lakhs per year
Bajaj Finance ₹4.4 Lakhs to ₹14.0 Lakhs per year
ECL Finance ₹9.0 Lakhs to ₹11.0 Lakhs per year
Sewa Grih Rin ₹5.0 Lakhs to ₹14.9 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 Poonawalla Finance in India?
The salary growth for a Area Credit Manager at Poonawalla Finance depends on factors such as experience, performance, and promotions. On average, a Area Credit Manager can expect the following growth trajectory at Poonawalla Finance:

Experience Average Salary Range
5 years ₹4.8 Lakhs to ₹19.3 Lakhs per year
6 years ₹6.0 Lakhs to ₹20.2 Lakhs per year
7 years ₹5.5 Lakhs to ₹19.3 Lakhs per year
8 years ₹7.0 Lakhs to ₹14.4 Lakhs per year
and so on.

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Poonawalla Finance Area Credit Manager salary in India ranges between ₹4.8 Lakhs to ₹19.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 Poonawalla Finance latest salaries received from various employees of Poonawalla Finance.