Poonawalla Fincorp Ludhiana Area Credit Manager Salaries by 4 Employees (Updated 2025)

8 - 12 years exp.

₹7 Lakhs - ₹15 Lakhs

Salary of majority employees

13% less than the average Area Credit Manager Salary in NBFC Companies for 8 - 12 years of experience

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Last Updated: 19 Feb 2024

Companies similar to Poonawalla Fincorp for Area Credit Manager in Ludhiana

Poonawalla Fincorp Area Credit Manager Salary

8 - 12 years exp. (4 salaries)

₹7 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 11 - 17 years exp. (4 salaries)	₹17.4 L/yr - ₹24.5 L/yr 61% more
ICICI Bank Area Credit Manager Salary 2 - 8 years exp. (10 salaries)	₹8 L/yr - ₹19 L/yr 7% more
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Axis Bank Area Credit Manager Salary 8 - 13 years exp. (7 salaries)	₹9.4 L/yr - ₹15.7 L/yr 23% more
Kotak Mahindra Prime Area Credit Manager Salary 7 - 9 years exp. (3 salaries)	₹11 L/yr - ₹15.3 L/yr 10% more
Tata Capital Housing Finance Area Credit Manager Salary 4 - 6 years exp. (3 salaries)	₹15 L/yr - ₹15.5 L/yr 32% more

Area Credit Manager salary at Poonawalla Fincorp ranges between ₹7 Lakhs to ₹15 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Poonawalla Fincorp.

Experience wise Poonawalla Fincorp Area Credit Manager salaries in Ludhiana

Last Updated: 19 Feb 2024

Experience	Avg Annual Salary
8 years (3 salaries)	₹8.4 L/yr - ₹15 L/yr
9 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
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10 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
11 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.5 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹21.2 L/yr

Top skills at Poonawalla Fincorp for Area Credit Manager

Medical Equipment Credit Appraisal Credit Risk Credit Operations Credit Research Financial Modelling Banking Credit Control Credit Analysis

Salary related reviews for Poonawalla Fincorp

Sales Manager in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

The salary benifits such as incentive is good

Salary - Good

Dislikes

The work culture of the company is very bad the way boss talk with there employes are worst they even call at mid night and shout with out any reason they do the same thing whole day.

Job security - Poor

+4 more

Sales Manager in Agra

Full Time

Sales & Business Development Department

2.0

• posted on 29 Oct 2023

5.0

for Salary and Benefits

Likes

Salary on time

Salary - Excellent

+1 more

Dislikes

HR is only for hiring. Lot of pressure for target. After 20th of every month, you have to come to the office and work even on holidays, and you don't get any compensation for it. But this culture has now become common across all NBFC .

Job security - Poor

+2 more

Deputy Manager in Begusarai

Other Department

5.0

• posted on 22 Sep 2019

4.0

for Salary and Benefits

Likes

Yes, Good culture in magma with all vertical.

Salary - Good

+6 more

Dislikes

Some times to see some here is no value for our old staff. Same position working and good performance giving after that new staff salary is high and old staff has to low. request to our management at list keep near. other this staff demotivate. pls need to revise. if any one person work with organisation from long time this is not good.

Senior Manager in Pune

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jan 2025

3.0

for Salary and Benefits

Likes

only infra structure which looks great.

Job security - Good

Dislikes

...om home after dinner... so you endup closing at least 11.30-12 if not 1.30-2 AM. no salary hikes as compared to work done, failed promises, they will promise you for many things but wont fulfill anything. You might end up with high blood pressure or sugar issues

Skill development - Bad

+3 more

Business Analyst in Pune

Full Time

Product Management Department

3.0

• posted on 04 Jan 2025

3.0

for Salary and Benefits

Likes

Very bad experience, there is no equality at all, some persons (management's favourite) and some women's are paid to much , even they don't do their regular works and also promoted earlier as compared to hardworking employees. Employees who exaggerate their work and takes time more than enough to complete a tsk are really appreciated but the one who completes task before time giving his best, is considered as an average employee.

Dislikes

Company only raises salary for those who who are at higher positions who don't know how systems and processes works on ground and they only works on excel and only replies mails and are paid more than 10-15 times than a hardworking employe who really helps the company in growing business, and all appreciation goes to your boss and thier favourite ones and all other are neglected.

Promotions - Poor

+2 more

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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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Poonawalla Fincorp Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Poonawalla Fincorp Ludhiana?

Area Credit Manager salary at Poonawalla Fincorp in Ludhiana ranges between ₹7.0 Lakhs to ₹15.0 Lakhs for experience between 8 years to 12 years. According to our estimates it is 13% less than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Poonawalla Fincorp Ludhiana.

How does the salary of a Area Credit Manager at Poonawalla Fincorp Ludhiana compare with the average salary range for this job?

The average salary of a Area Credit Manager at Poonawalla Fincorp is 13% less than the average salary of a Area Credit Manager in Ludhiana. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Manager at Poonawalla Fincorp?

Medical Equipment, Credit Appraisal, Credit Risk, Credit Operations and Credit Research are some of the popular skills required to work as a Area Credit Manager at Poonawalla Fincorp Ludhiana.

Which similar companies are paying more than Poonawalla Fincorp to a Area Credit Manager in Ludhiana?

HDFC Bank Area Credit Manager Salary - ₹17.4 Lakhs to ₹24.5 Lakhs per year
Tata Capital Housing Finance Area Credit Manager Salary - ₹15.0 Lakhs to ₹15.5 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹9.4 Lakhs to ₹15.7 Lakhs per year
Kotak Mahindra Prime Area Credit Manager Salary - ₹11.0 Lakhs to ₹15.3 Lakhs per year
ICICI Bank Area Credit Manager Salary - ₹8.0 Lakhs to ₹19.0 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Poonawalla Fincorp in Ludhiana?

The estimated take-home salary of a Area Credit Manager at Poonawalla Fincorp ranges between ₹82,734 per month to ₹84,894 per month in Ludhiana. The take-home salary calculation is based on the average Poonawalla Fincorp Area Credit Manager salary in India which ranges between ₹7.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Poonawalla Fincorp in Ludhiana?

According to AmbitionBox, 100% of the Poonawalla Fincorp Area Credit Managers in Ludhiana reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Poonawalla Fincorp Area Credit Manager Salaries in Ludhiana

Poonawalla Fincorp Area Credit Manager salary in Ludhiana ranges between ₹7 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.