SBFC Finance Area Credit Manager Salaries by 20+ Employees (Updated 2025)

7 - 11 years exp.

₹5 Lakhs - ₹11 Lakhs

Salary of majority employees

42% less than the average Area Credit Manager Salary in NBFC Companies for 7 - 11 years of experience

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Salaries in different departments

Finance & Accounting Area Credit Manager Salary 7 - 10 years exp. (11 salaries)	₹5 L/yr - ₹11 L/yr
Risk Management & Compliance Area Credit Manager Salary 7 - 11 years exp. (5 salaries)	₹6.5 L/yr - ₹7.5 L/yr
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BFSI, Investments & Trading Area Credit Manager Salary 7 - 9 years exp. (4 salaries)	₹7 L/yr - ₹11 L/yr
Data Science & Analytics Area Credit Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹6.9 L/yr

Last Updated: 4 Sep 2024

Companies similar to SBFC Finance for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 5 - 17 years exp. (216 salaries)	₹8.1 L/yr - ₹30 L/yr 169% more
ICICI Bank Area Credit Manager Salary 1 - 14 years exp. (375 salaries)	₹5.4 L/yr - ₹21.7 L/yr 84% more
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Axis Bank Area Credit Manager Salary 4 - 14 years exp. (304 salaries)	₹6.5 L/yr - ₹23 L/yr 110% more
Kotak Mahindra Bank Area Credit Manager Salary 5 - 15 years exp. (94 salaries)	₹6.5 L/yr - ₹24 L/yr 116% more
Bajaj Finance Area Credit Manager Salary 3 - 12 years exp. (89 salaries)	₹4.4 L/yr - ₹16.7 L/yr 42% more
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (152 salaries)	₹8 L/yr - ₹32 L/yr 175% more	11 job openings
Aditya Birla Capital Area Credit Manager Salary 7 - 12 years exp. (62 salaries)	₹8.7 L/yr - ₹21 L/yr 102% more
Sammaan Capital Limited Area Credit Manager Salary 4 - 15 years exp. (51 salaries)	₹5.1 L/yr - ₹14.1 L/yr 46% more
Hero FinCorp Area Credit Manager Salary 4 - 13 years exp. (134 salaries)	₹7.3 L/yr - ₹20.4 L/yr 107% more	1 job opening
Bajaj Housing Finance Area Credit Manager Salary 2 - 10 years exp. (51 salaries)	₹6 L/yr - ₹16 L/yr 63% more
Ugro Capital Area Credit Manager Salary 2 - 12 years exp. (49 salaries)	₹8.5 L/yr - ₹16 L/yr 63% more
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PNB Housing Finance Area Credit Manager Salary 5 - 10 years exp. (50 salaries)	₹9 L/yr - ₹22 L/yr 111% more
Fedbank Financial Services Area Credit Manager Salary 5 - 12 years exp. (46 salaries)	₹9.2 L/yr - ₹22.6 L/yr 115% more
India Shelter Finance Corporation Area Credit Manager Salary 3 - 14 years exp. (27 salaries)	₹5.9 L/yr - ₹12.5 L/yr 22% more
Shubham Housing Development Finance Area Credit Manager Salary 8 - 12 years exp. (26 salaries)	₹6.5 L/yr - ₹12 L/yr 39% more
Tata Capital Housing Finance Area Credit Manager Salary 4 - 14 years exp. (19 salaries)	₹11 L/yr - ₹18.2 L/yr 119% more
InCred Finance Area Credit Manager Salary 4 - 11 years exp. (19 salaries)	₹9 L/yr - ₹15 L/yr 70% more
Electronica Finance Area Credit Manager Salary 5 - 9 years exp. (18 salaries)	₹4.5 L/yr - ₹7.7 L/yr 9% less
Finova Capital Area Credit Manager Salary 6 - 10 years exp. (16 salaries)	₹6 L/yr - ₹11 L/yr 20% more
Kotak Mahindra Prime Area Credit Manager Salary 6 - 10 years exp. (7 salaries)	₹7 L/yr - ₹15.3 L/yr 85% more

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Area Credit Manager salary at SBFC Finance ranges between ₹5 Lakhs to ₹11 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 24 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Area Credit Manager salaries

Last Updated: 4 Sep 2024

Experience	Avg Annual Salary
7 years (6 salaries)	₹6.2 L/yr - ₹11 L/yr
8 years (8 salaries)	₹5 L/yr - ₹11 L/yr
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9 years (7 salaries)	₹5 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.4 L/yr
11 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.5 L/yr

Similar Designation salaries in SBFC Finance

Branch Credit Manager Salary

(80 salaries)

₹2.55 L/yr - ₹6 L/yr

Credit Manager Salary

(80 salaries)

₹2.7 L/yr - ₹6.7 L/yr

Cluster Credit Manager Salary

(9 salaries)

₹6.45 L/yr - ₹12 L/yr

Regional Credit Manager Salary

(8 salaries)

₹8.6 L/yr - ₹17.75 L/yr

Assistant Credit Manager Salary

(3 salaries)

₹3.5 L/yr - ₹5 L/yr

Branch Manager Salary

(188 salaries)

₹3 L/yr - ₹7.5 L/yr

Sales Manager Salary

(19 salaries)

₹1.8 L/yr - ₹5 L/yr

Credit Officer Salary

(30 salaries)

₹2 L/yr - ₹3.7 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Deputy Manager Salary

(4 salaries)

₹3.8 L/yr - ₹5 L/yr

Top skills at SBFC Finance for Area Credit Manager

Underwriting Loan against Property NBFC Mortgage Loans Lap Credit Management

Salary related reviews for SBFC Finance

4.2

Rated by 11 employees for salary & benefits

Sales Officer in Vadodara

Other Department

5.0

• posted on 16 Sep 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Branch Manager in Jaipur

BFSI, Investments & Trading Department

1.0

• posted on 22 Jan 2021

1.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of policies and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you can't resign. On the job training is not given to new joiners.

Salary - Bad

+6 more

Branch Manager in Sivasagar

BFSI, Investments & Trading Department

1.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

Giving salary on time.

Dislikes

Very worst company to work with. There is no value of HR policies, no working hours, no working days, no balance personal life, no final settlement after leaving the company, no relieving letter. Company spoil your career. I advise not to join the company.

Salary - Bad

+6 more

Branch Sales Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Mar 2024

1.0

for Salary and Benefits

Likes

No reason to like SBFC. all managers are worst in everything. Broken chairs , old school computers eating employees salary by making them victim . HR s are worst in system. Not giving salary . not clearing cases just taking login fees from customer and rejecting the cases. Work starts at 8 am and 11pm should be in office (godown)

Dislikes

Entire company. Yelahanka branch Greatest ASM Mr Devaraj has no money to run his family . Cheating and begging are his part time job inside office.

Salary - Bad

+6 more

Customer Relationship Manager in Jorhat (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 10 Jul 2024

3.0

for Salary and Benefits

Likes

On time salary and timing

Dislikes

Sbfc have no ownership quality ... There was no work culture.. They don't understand about employees emotions.. Reporting Boss and His reporting Boss are totally disgusting people..Also they have no sense for the customers views to understand..

Skill development - Poor

+5 more

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AmbitionBox

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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SBFC Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at SBFC Finance?

Area Credit Manager salary at SBFC Finance in India ranges between ₹5.0 Lakhs to ₹11.0 Lakhs for experience between 7 years to 11 years. According to our estimates it is 42% less than the average Area Credit Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of SBFC Finance India.

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

The average salary of a Area Credit Manager at SBFC Finance is 42% less than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Manager at SBFC Finance?

Underwriting, Loan against Property, NBFC, Mortgage Loans and Lap are some of the popular skills required to work as a Area Credit Manager at SBFC Finance India.

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

Tata Capital Area Credit Manager Salary - ₹8.0 Lakhs to ₹32.0 Lakhs per year
HDFC Bank Area Credit Manager Salary - ₹8.1 Lakhs to ₹30.0 Lakhs per year
LIC Housing Finance Area Credit Manager Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year
Tata Capital Housing Finance Area Credit Manager Salary - ₹11.0 Lakhs to ₹18.2 Lakhs per year
Kotak Mahindra Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹24.0 Lakhs per year

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

Fedbank Financial Services Area Credit Manager Salary - ₹9.2 Lakhs to ₹22.6 Lakhs per year
PNB Housing Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
Hero FinCorp Area Credit Manager Salary - ₹7.3 Lakhs to ₹20.4 Lakhs per year
Aditya Birla Capital Area Credit Manager Salary - ₹8.7 Lakhs to ₹21.0 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at SBFC Finance ranges between ₹52,899 per month to ₹54,144 per month in India. The take-home salary calculation is based on the average SBFC Finance Area Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹11.0 Lakhs per year for employees with experience between 7 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 78% of the SBFC Finance Area Credit Managers reported a notice period of 3 Months, 22% reported a notice period of 2 Months.This is based on 18 responses on AmbitionBox in last 2 years.

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SBFC Finance Area Credit Manager Salaries

SBFC Finance Area Credit Manager salary in India ranges between ₹5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 SBFC Finance latest salaries received from various employees of SBFC Finance.