Shubham Housing Development Finance Gurgaon / Gurugram Area Credit Manager Salaries by 4 Employees

8 - 11 years exp.

₹8.3 Lakhs - ₹12 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% less than the average Area Credit Manager Salary in NBFC Companies for 8 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.1 L/yr
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Risk Management & Compliance Area Credit Manager Salary 11 years exp. (AmbitionBox Estimate)	₹10.4 L/yr - ₹12 L/yr

Last Updated: 15 Mar 2023

Companies similar to Shubham Housing Development Finance for Area Credit Manager in Gurgaon / Gurugram

Shubham Housing Development Finance Area Credit Manager Salary

8 - 11 years exp. (4 salaries)

₹8.3 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Sammaan Capital Limited Area Credit Manager Salary 11 - 15 years exp. (5 salaries)	₹9 L/yr - ₹13.7 L/yr 19% more
Hero FinCorp Area Credit Manager Salary 6 - 9 years exp. (3 salaries)	₹12 L/yr - ₹17 L/yr 45% more
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ICICI Bank Area Credit Manager Salary 2 - 8 years exp. (16 salaries)	₹5.4 L/yr - ₹21.7 L/yr 30% more
HDFC Bank Area Credit Manager Salary 6 - 12 years exp. (5 salaries)	₹8 L/yr - ₹30 L/yr 99% more
Piramal Capital Housing Finance Area Credit Manager Salary 3 - 9 years exp. (5 salaries)	₹12 L/yr - ₹17 L/yr 52% more

Area Credit Manager salary at Shubham Housing Development Finance ranges between ₹8.3 Lakhs to ₹12 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Shubham Housing Development Finance.

Experience wise Shubham Housing Development Finance Area Credit Manager salaries in Gurgaon / Gurugram

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
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10 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
11 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr

Similar Designation salaries in Shubham Housing Development Finance

Credit Officer Salary

(21 salaries)

₹2 L/yr - ₹4 L/yr

Credit Manager Salary

(6 salaries)

₹2.4 L/yr - ₹5.34 L/yr

Assistant Credit Manager Salary

(5 salaries)

₹3.7 L/yr - ₹4.9 L/yr

Branch Manager Salary

(3 salaries)

₹6.4 L/yr - ₹7.13 L/yr

Top skills at Shubham Housing Development Finance for Area Credit Manager

Credit Management Credit Underwriting Team Handling Corporate Governance Training LI Budget Analysis Region Portfolio Management Credit Risk Analysis Customer Service Cash Management Credit Analysis

Salary related reviews for Shubham Housing Development Finance

4.4

Rated by 3 employees for salary & benefits

Area Credit Manager in Jodhpur

Full Time

Credit Department

4.0

• posted on 08 Sep 2020

4.0

for Salary and Benefits

Likes

Company always carrying to their employees no any salary deduction during COVID pendamic.

Salary - Good

+6 more

Dislikes

Bonus was bad , atleast credit person's bonus should be good as this department has no any incentive plan, they are work with due diligence with integrity and waiting for bonus after 1years hard work, so company must be think about credit department.

Credit Manager in New Delhi

Full Time

Risk Management & Compliance Department

1.0

• posted on 08 Sep 2022

2.0

for Salary and Benefits

Likes

Only like the credit team and credit managment

Dislikes

... Very pethatic condition of IT team. They are not resolved any issue within TAT. Employee Insurance deduct from employee salary. HR gives same salary to a Fresher and to a 3 year experiance person. When a branch team win a cash price in contest than Higher level person hold the branch amount. In the company Higher authority person gives Good salary increments to only relative employees. And Annual bounce of Credit team members only 10K.

Salary - Poor

+4 more

Credit Officer in Yavatmal

Full Time

Finance & Accounting Department

5.0

• posted on 20 Jun 2019

4.0

for Salary and Benefits

Likes

... to the high career growthness to the day by day in all over market compiteter . There fore good salary packej. To heigh level posting to give the travelling tour the out of station. His organization is good work environment. And all totally work life is good . Thanks..

Salary - Good

+5 more

Dislikes

No any dislike.

Relationship Manager in Gurgaon / Gurugram

Sales & Business Development Department

3.0

• posted on 17 Apr 2022

2.0

for Salary and Benefits

Likes

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

Work satisfaction - Good

+1 more

Dislikes

Salary - Poor
Skill development - Poor

+3 more

Credit Manager in Navi Mumbai

Finance & Accounting Department

1.0

• posted on 21 Oct 2021

1.0

for Salary and Benefits

Likes

Company is good in terms of job security, even in lockdown we received salary, there is lot of politics in top management. Sales oriented company.

Skill development - Excellent

+1 more

Dislikes

Company is totally sales oriented company, if there is no work still we have to do work on 3 sundays.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shubham Housing Development Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Shubham Housing Development Finance in Gurgaon / Gurugram?

The average salary of a Area Credit Manager at Shubham Housing Development Finance in Gurgaon / Gurugram typically ranges from ₹8.3 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Area Credit Manager in Gurgaon / Gurugram at Shubham Housing Development Finance earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Area Credit Manager Salaries at Shubham Housing Development 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 Shubham Housing Development Finance employees in India.

What is the estimated take home salary of a Area Credit Manager at Shubham Housing Development Finance in Gurgaon / Gurugram?

The estimated take-home salary of a Area Credit Manager at Shubham Housing Development Finance in Gurgaon / Gurugram typically ranges from ₹70,370 to ₹72,180 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 8 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 4 salaries received from various employees of Shubham Housing Development 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 Shubham Housing Development Finance in Gurgaon / Gurugram?

To be a Area Credit Manager at Shubham Housing Development Finance in Gurgaon / Gurugram, the key skills required include:

- Credit Management
- Credit Underwriting
- Team Handling
- Corporate Governance
- Training

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

Which companies offer higher salaries than Shubham Housing Development Finance for Area Credit Manager in India?

HDFC Bank	₹8.0 Lakhs to ₹30.0 Lakhs per year
Piramal Capital Housing Finance	₹12.0 Lakhs to ₹17.0 Lakhs per year
Hero FinCorp	₹12.0 Lakhs to ₹17.0 Lakhs per year
ICICI Bank	₹5.4 Lakhs to ₹21.7 Lakhs per year
Sammaan Capital Limited	₹9.0 Lakhs to ₹13.7 Lakhs per year

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

How the salary growth look like for a Area Credit Manager at Shubham Housing Development Finance in Gurgaon / Gurugram?

The salary growth for a Area Credit Manager at Shubham Housing Development Finance in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a Area Credit Manager in Gurgaon / Gurugram can expect the following growth trajectory at Shubham Housing Development Finance:

Experience	Average Salary Range
8 years	₹8.4 Lakhs to ₹10.8 Lakhs per year
9 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
10 years	₹8.8 Lakhs to ₹11.2 Lakhs per year
11 years	₹8.9 Lakhs to ₹11.4 Lakhs per year

and so on.

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Shubham Housing Development Finance Area Credit Manager Salaries in Gurgaon / Gurugram

Shubham Housing Development Finance Area Credit Manager salary in Gurgaon / Gurugram ranges between ₹8.3 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shubham Housing Development Finance latest salaries received from various employees of Shubham Housing Development Finance.