SBFC Finance Area Credit Manager Salaries by 30+ Employees (Updated 2024)

3 - 9 years exp.

₹5 Lakhs - ₹7.9 Lakhs

Salary of majority employees

46% less than the average Area Credit Manager Salary in NBFC Companies for 3 - 9 years of experience

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Salaries in different departments

Finance & Accounting Area Credit Manager Salary 4 - 9 years exp. (12 salaries)	₹5 L/yr - ₹7.9 L/yr
BFSI, Investments & Trading Area Credit Manager Salary 3 - 9 years exp. (10 salaries)	₹5.4 L/yr - ₹7.5 L/yr
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Risk Management & Compliance Area Credit Manager Salary 7 - 9 years exp. (4 salaries)	₹6.3 L/yr - ₹6.7 L/yr
Data Science & Analytics Area Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.5 L/yr

Last Updated: 3 Apr 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. (213 salaries)	₹7.5 L/yr - ₹30 L/yr 188% more
ICICI Bank Area Credit Manager Salary 1 - 14 years exp. (338 salaries)	₹5.2 L/yr - ₹19 L/yr 98% more
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Axis Bank Area Credit Manager Salary 6 - 14 years exp. (284 salaries)	₹6.5 L/yr - ₹25 L/yr 134% more
Kotak Mahindra Bank Area Credit Manager Salary 4 - 15 years exp. (97 salaries)	₹6.5 L/yr - ₹24 L/yr 130% more
Bajaj Finance Area Credit Manager Salary 2 - 12 years exp. (86 salaries)	₹4.4 L/yr - ₹15.2 L/yr 54% more
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (159 salaries)	₹8 L/yr - ₹30 L/yr 200% more	26 job openings
Aditya Birla Capital Area Credit Manager Salary 7 - 12 years exp. (64 salaries)	₹8.7 L/yr - ₹21 L/yr 122% more
Sammaan Capital Limited Area Credit Manager Salary 5 - 15 years exp. (49 salaries)	₹5.1 L/yr - ₹15.1 L/yr 60% more
Hero FinCorp Area Credit Manager Salary 4 - 13 years exp. (134 salaries)	₹7.3 L/yr - ₹20.4 L/yr 120% more
Aditya Birla Finance Area Credit Manager Salary 6 - 13 years exp. (108 salaries)	₹7.5 L/yr - ₹20.1 L/yr 117% more
Piramal Capital Housing Finance Area Credit Manager Salary 4 - 12 years exp. (74 salaries)	₹8 L/yr - ₹17 L/yr 107% more
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Bajaj Housing Finance Area Credit Manager Salary 2 - 10 years exp. (51 salaries)	₹6 L/yr - ₹16 L/yr 69% more
Ugro Capital Area Credit Manager Salary 2 - 12 years exp. (50 salaries)	₹7.3 L/yr - ₹16 L/yr 74% more
Veritas Finance Area Credit Manager Salary 5 - 12 years exp. (51 salaries)	₹3 L/yr - ₹10 L/yr 9% more
PNB Housing Finance Area Credit Manager Salary 4 - 10 years exp. (50 salaries)	₹9 L/yr - ₹22 L/yr 126% more	1 job opening
Fedbank Financial Services Area Credit Manager Salary 5 - 12 years exp. (43 salaries)	₹9.2 L/yr - ₹22.6 L/yr 127% more
Shubham Housing Development Finance Area Credit Manager Salary 8 - 12 years exp. (26 salaries)	₹6.5 L/yr - ₹12 L/yr 51% more
Capri Global Capital Area Credit Manager Salary 5 - 15 years exp. (33 salaries)	₹7.5 L/yr - ₹12 L/yr 51% more
Vastu Housing Finance Area Credit Manager Salary 5 - 13 years exp. (27 salaries)	₹5.9 L/yr - ₹12 L/yr 35% more
India Shelter Finance Corporation Area Credit Manager Salary 2 - 14 years exp. (29 salaries)	₹5.9 L/yr - ₹12 L/yr 33% more

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Area Credit Manager salary at SBFC Finance ranges between ₹5 Lakhs to ₹7.9 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 31 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Area Credit Manager salaries

Last Updated: 3 Apr 2024

Experience	Avg Annual Salary
3 years (3 salaries)	₹2.5 L/yr - ₹7.5 L/yr
4 years (5 salaries)	₹5.4 L/yr - ₹7.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.5 L/yr
6 years (4 salaries)	₹5.5 L/yr - ₹7.9 L/yr
7 years (7 salaries)	₹6 L/yr - ₹7.9 L/yr
8 years (6 salaries)	₹5 L/yr - ₹7 L/yr
9 years (4 salaries)	₹5 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in SBFC Finance

Branch Credit Manager Salary

(84 salaries)

₹2.55 L/yr - ₹6.25 L/yr

Credit Manager Salary

(80 salaries)

₹2.8 L/yr - ₹7.2 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

(208 salaries)

₹3 L/yr - ₹7.5 L/yr

Sales Manager Salary

(19 salaries)

₹1.8 L/yr - ₹5 L/yr

Credit Officer Salary

(32 salaries)

₹2 L/yr - ₹4 L/yr

Relationship Manager Salary

(4 salaries)

₹2.05 L/yr - ₹3.1 L/yr

Deputy Manager Salary

(4 salaries)

₹3.8 L/yr - ₹5 L/yr

Top skills at SBFC Finance for Area Credit Manager

Credit Management Underwriting Lap NBFC Mortgage Loans

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.

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.

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.

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing to like here Infact this question should not be asked here . The work culture is terrible .

Dislikes

...hey have also mentioned this as a clause in your working terms and conditions. Here F and F consist of Two months salary and Settlement amount . Which they will try every possible way to not to clear it. No HR is going to help you any of your issue . After resignation you will get to hear every Threatening messages from Senior management . They will hold your F and F , Ruin your Career, No experience letter and what not . The biggest proof is you will find only new employees in the floor .All the old ones are Either the sugar baby or Relatives of Senior Managers .

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..

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Salary Discussions, Hike & Promotions

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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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 ₹7.9 Lakhs for experience between 3 years to 9 years. According to our estimates it is 46% less than the average Area Credit Manager Salary in India. Salary estimates are based on 31 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 46% 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?

Credit Management, Underwriting, Lap, NBFC and Mortgage Loans 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 ₹30.0 Lakhs per year
HDFC Bank Area Credit Manager Salary - ₹7.5 Lakhs to ₹30.0 Lakhs per year
LIC Housing Finance Area Credit Manager Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹25.0 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
Aditya Birla Capital Area Credit Manager Salary - ₹8.7 Lakhs to ₹21.0 Lakhs per year
Hero FinCorp Area Credit Manager Salary - ₹7.3 Lakhs to ₹20.4 Lakhs per year
Aditya Birla Finance Area Credit Manager Salary - ₹7.5 Lakhs to ₹20.1 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 ₹48,698 per month to ₹49,849 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 ₹7.9 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 76% of the SBFC Finance Area Credit Managers reported a notice period of 3 Months, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 25 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 ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 SBFC Finance latest salaries received from various employees of SBFC Finance.