SBFC Finance Area Manager Salaries by 4 Employees

9 - 15 years exp.

₹6 Lakhs - ₹9.5 Lakhs

Salary of majority employees

17% less than the average Area Manager Salary in NBFC Companies for 9 - 15 years of experience

Interested in this particular role?

Last Updated: 23 May 2024

Companies similar to SBFC Finance for Area Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Housing Finance Area Manager Salary 6 - 14 years exp. (114 salaries)	₹5.8 L/yr - ₹17.8 L/yr 65% more
Fedbank Financial Services Area Manager Salary 10 - 16 years exp. (31 salaries)	₹4.6 L/yr - ₹10 L/yr 9% less
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LIC Housing Finance Area Manager Salary 5 - 11 years exp. (29 salaries)	₹9 L/yr - ₹25 L/yr 130% more
Hinduja Leyland Finance Area Manager Salary 5 - 17 years exp. (21 salaries)	₹3.3 L/yr - ₹9.7 L/yr 13% less
Electronica Finance Area Manager Salary 5 - 14 years exp. (9 salaries)	₹5.1 L/yr - ₹10.5 L/yr 10% less
Hero FinCorp Area Manager Salary 1 - 9 years exp. (8 salaries)	₹10.3 L/yr - ₹14 L/yr 44% more
PNB Housing Finance Area Manager Salary 7 - 15 years exp. (8 salaries)	₹8.3 L/yr - ₹11 L/yr 28% more
Sammaan Capital Limited Area Manager Salary 2 - 14 years exp. (7 salaries)	₹3.5 L/yr - ₹13.6 L/yr 4% less
Finova Capital Area Manager Salary 7 - 17 years exp. (6 salaries)	₹5.7 L/yr - ₹10 L/yr 5% less
Aptus Value Housing Finance India Area Manager Salary 7 - 14 years exp. (5 salaries)	₹8.3 L/yr - ₹12 L/yr 26% more
Tata Capital Housing Finance Area Manager Salary 8 - 18 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 96% more
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Kanakadurga Finance Area Manager Salary 12 - 15 years exp. (5 salaries)	₹4.5 L/yr - ₹9.8 L/yr 6% less
Tyger Capital Area Manager Salary 8 - 15 years exp. (5 salaries)	₹8.2 L/yr - ₹11.3 L/yr 27% more
Shubham Housing Development Finance Area Manager Salary 4 - 21 years exp. (4 salaries)	₹4.5 L/yr - ₹12 L/yr 16% less
LendingKart Area Manager Salary 4 - 14 years exp. (4 salaries)	₹4.5 L/yr - ₹8 L/yr 24% less
India Shelter Finance Corporation Area Manager Salary 4 - 16 years exp. (4 salaries)	₹7 L/yr - ₹14 L/yr 21% more
Kotak Mahindra Prime Area Manager Salary 11 - 14 years exp. (4 salaries)	₹8.4 L/yr - ₹12.2 L/yr 21% more
Midland Microfin Limited Area Manager Salary 6 - 14 years exp. (4 salaries)	₹3.8 L/yr - ₹5.5 L/yr 45% less
InCred Finance Area Manager Salary 10 - 15 years exp. (4 salaries)	₹8 L/yr - ₹10.5 L/yr 15% more
Light Microfinance Area Manager Salary 6 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4.3 L/yr 51% less

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Area Manager salary at SBFC Finance ranges between ₹6 Lakhs to ₹9.5 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Area Manager salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.5 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.5 L/yr
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11 years (AmbitionBox Estimate)	₹6 L/yr - ₹14.3 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
14 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
15+ years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9.5 L/yr

View all

Similar Designation salaries in SBFC Finance

Sales Manager Salary

(16 salaries)

₹2.3 L/yr - ₹4.2 L/yr

Branch Manager Salary

(214 salaries)

₹3.1 L/yr - ₹7.5 L/yr

Area Sales Manager Salary

(43 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Cluster Manager Salary

(8 salaries)

₹3.6 L/yr - ₹13.5 L/yr

Deputy Manager Salary

(4 salaries)

₹3.8 L/yr - ₹5 L/yr

Regional Manager Salary

(4 salaries)

₹3.5 L/yr - ₹12 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Business Manager Salary

(3 salaries)

₹3.3 L/yr - ₹5 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Team Lead Salary

(5 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Top skills at SBFC Finance for Area Manager

Sales Management Gold Loan Sales Management Personal Loans Branch Management Direct Sales Loans Home Loans Area Management Lap re Business Loan Mortgage Loans housing loan

Salary related reviews for SBFC Finance

3.9

Rated by 6 employees for salary & benefits

Area Business Manager in Azamgarh

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2025

5.0

for Salary and Benefits

Likes

Good salary Low ROI Diverse loans products Fast login to Disbursement Approachable hierarchy

Salary - Excellent

+3 more

Dislikes

No training. Act as a vintage employee on the very 1st day of joining. Yelling without fault by boss. No leave after 15th of month. First or second Sunday holiday is also given as a favour. No any source a available to know about Product knowledge & credit policy. only talk to you about files login. You will have no status of previous login files.

Work satisfaction - Bad

+2 more

Area Business Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 Jan 2025

1.0

for Salary and Benefits

Likes

Salary Credited timely

Dislikes

Zonal Manager Prabhat Ranjan have no sense how to talk with his colleagues, he is crack mind, and using abusive language, I suggest u don’t go there the post of ABM like BM post.

Salary - Bad

+5 more

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 .

Salary - Bad

+6 more

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

see more salary related reviews

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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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SBFC Finance Area Manager Salary FAQs

What is the salary of Area Manager at SBFC Finance ?

The average salary of a Area Manager at SBFC Finance in India typically ranges from ₹6.0 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 9 years to 15 years).

The top 10% of Area Manager at SBFC Finance earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Area Manager Salaries at SBFC 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 4 SBFC Finance employees in India.

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

The estimated take-home salary of a Area Manager at SBFC Finance in India typically ranges from ₹59,417 to ₹60,917 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 9 years to 15 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 4 salaries received from various employees of SBFC Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Manager at SBFC Finance ?

To be a Area Manager at SBFC Finance in india, the key skills required include:

- Sales Management
- Gold Loan
- Sales Management
- Personal Loans
- Branch Management

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

Which companies offer higher salaries than SBFC Finance for Area Manager in India?

LIC Housing Finance	₹9.0 Lakhs to ₹25.0 Lakhs per year
Tata Capital Housing Finance	₹12.0 Lakhs to ₹20.0 Lakhs per year
Bajaj Housing Finance	₹5.8 Lakhs to ₹17.8 Lakhs per year
Hero FinCorp	₹10.3 Lakhs to ₹14.0 Lakhs per year
MAS Financial Services	₹7.2 Lakhs to ₹13.8 Lakhs per year

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

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

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

PNB Housing Finance	₹8.3 Lakhs to ₹11.0 Lakhs per year
Tyger Capital	₹8.2 Lakhs to ₹11.3 Lakhs per year
Aptus Value Housing Finance India	₹8.3 Lakhs to ₹12.0 Lakhs per year
India Shelter Finance Corporation	₹7.0 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Prime	₹8.4 Lakhs to ₹12.2 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 Manager at SBFC Finance in India?

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

Experience	Average Salary Range
9 years	₹3.1 Lakhs to ₹8.5 Lakhs per year
10 years	₹3.2 Lakhs to ₹8.5 Lakhs per year
11 years	₹6.0 Lakhs to ₹14.3 Lakhs per year
12 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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SBFC Finance Area Manager Salaries

SBFC Finance Area Manager salary in India ranges between ₹6 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBFC Finance latest salaries received from various employees of SBFC Finance.