SK Finance Limited Indore Area Credit Manager Salaries by 4 Employees (Updated 2024)

7 - 13 years exp.

₹5 Lakhs - ₹8.5 Lakhs

Salary of majority employees

47% less than the average Area Credit Manager Salary in NBFC Companies for 7 - 13 years of experience

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Last Updated: 18 Dec 2024

Companies similar to SK Finance Limited for Area Credit Manager in Indore

SK Finance Limited Area Credit Manager Salary

7 - 13 years exp. (4 salaries)

₹5 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 6 - 15 years exp. (8 salaries)	₹12 L/yr - ₹26.9 L/yr 198% more
ICICI Bank Area Credit Manager Salary 1 - 10 years exp. (11 salaries)	₹7.1 L/yr - ₹15 L/yr 84% more
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Kotak Mahindra Bank Area Credit Manager Salary 9 - 14 years exp. (3 salaries)	₹13.5 L/yr - ₹18.3 L/yr 119% more
Axis Bank Area Credit Manager Salary 9 - 12 years exp. (6 salaries)	₹7.8 L/yr - ₹15.6 L/yr 115% more
IDFC FIRST Bank Area Credit Manager Salary 10 - 12 years exp. (3 salaries)	₹14.5 L/yr - ₹16.1 L/yr 114% more
PNB Housing Finance Area Credit Manager Salary 4 - 9 years exp. (7 salaries)	₹10 L/yr - ₹17.5 L/yr 107% more	1 job opening
HDB Financial Services Area Credit Manager Salary 7 - 19 years exp. (7 salaries)	₹5.3 L/yr - ₹14 L/yr 58% more	1 job opening
Poonawalla Fincorp Area Credit Manager Salary 5 - 9 years exp. (7 salaries)	₹4.1 L/yr - ₹15 L/yr 48% more	3 job openings

Area Credit Manager salary at SK Finance Limited ranges between ₹5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of SK Finance Limited.

Experience wise SK Finance Limited Area Credit Manager salaries in Indore

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.9 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.2 L/yr
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9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
13 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.5 L/yr

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Similar Designation salaries in SK Finance Limited

Branch Manager Salary

(5 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Salary related reviews for SK Finance Limited

4.0

Rated by 1 employees for salary & benefits

Officer in Jaipur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Company Culture

Dislikes

A lot of closings Low quality canteen food also unhygienic. Low quality water(less filtered) Unsupportive Management and HR Nill or very less appraisal Low Salary with high pressure of working. Employees are not paid enough according to their work. Demotion of employees although they deserve promotion.

Operations Executive in Bathinda

Full Time

Finance & Accounting Department

5.0

• posted on 08 Sep 2024

2.0

for Salary and Benefits

Likes

I spent My one year In SK Finance With Good Communication Skill And Do Hard Or Smart Work both And I have Done My 101% In Work Performance. My Work Is Very Faster Than Others . I respect All My Seniors And Team. Regards Gaurav

Dislikes

I Dislike The Working schedule In Closing with Only Basic Salary No Incentives or No Other Benefits, No Overtime.

Regional Manager in Bathinda

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 22 Aug 2024

4.0

for Salary and Benefits

Likes

...ise Customised policies with flexibility .branch level decisioning and fast TAT. Salary , incentive,foreign tours and esops for employees

Dislikes

Long working schedule and some times work on holidays

Deputy Vice President in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 06 Jun 2024

3.0

for Salary and Benefits

Likes

Senior management including the MD has always encouraged and supported . There is complete support from your immediate Department Head who is quite encouraging to do new things and improve the productivity.

Dislikes

Certain departments deserve bonus based on performance which should be considered.

Senior Manager in Jaipur

Full Time

Teaching & Training Department

5.0

• posted on 06 Jun 2024

5.0

for Salary and Benefits

Likes

...gaged and motivated. SK fosters a collaborative and supportive work environment. SK finance also offers competitive compensation, health benefits, and other perks. These benefits contribute to overall job satisfaction.

see more salary related reviews

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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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SK Finance Limited Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at SK Finance Limited Indore?

Area Credit Manager salary at SK Finance Limited in Indore ranges between ₹5.0 Lakhs to ₹8.5 Lakhs for experience between 7 years to 13 years. According to our estimates it is 47% less than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SK Finance Limited Indore.

How does the salary of a Area Credit Manager at SK Finance Limited Indore compare with the average salary range for this job?

The average salary of a Area Credit Manager at SK Finance Limited is 47% less than the average salary of a Area Credit Manager in Indore. To know exact salary insights, login to view.

Which similar companies are paying more than SK Finance Limited to a Area Credit Manager in Indore?

HDFC Bank Area Credit Manager Salary - ₹12.0 Lakhs to ₹26.9 Lakhs per year
Kotak Mahindra Bank Area Credit Manager Salary - ₹13.5 Lakhs to ₹18.3 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹7.8 Lakhs to ₹15.6 Lakhs per year
IDFC FIRST Bank Area Credit Manager Salary - ₹14.5 Lakhs to ₹16.1 Lakhs per year
PNB Housing Finance Area Credit Manager Salary - ₹10.0 Lakhs to ₹17.5 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to SK Finance Limited in Indore?

ICICI Bank Area Credit Manager Salary - ₹7.1 Lakhs to ₹15.0 Lakhs per year
HDB Financial Services Area Credit Manager Salary - ₹5.3 Lakhs to ₹14.0 Lakhs per year
Poonawalla Fincorp Area Credit Manager Salary - ₹4.1 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at SK Finance Limited in Indore?

The estimated take-home salary of a Area Credit Manager at SK Finance Limited ranges between ₹52,656 per month to ₹53,896 per month in Indore. The take-home salary calculation is based on the average SK Finance Limited Area Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 7 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at SK Finance Limited in Indore?

According to AmbitionBox, 75% of the SK Finance Limited Area Credit Managers in Indore reported a notice period of 3 Months, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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SK Finance Limited Area Credit Manager Salaries in Indore

SK Finance Limited Area Credit Manager salary in Indore ranges between ₹5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SK Finance Limited latest salaries received from various employees of SK Finance Limited.