Svatantra Microfin Area Credit Manager Salaries by 5 Employees (Updated 2025)

4 - 10 years exp.

₹5.5 Lakhs - ₹6.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

50% less than the average Area Credit Manager Salary in NBFC Companies for 4 - 10 years of experience

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Salaries in different departments

Finance & Accounting Area Credit Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6 L/yr
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BFSI, Investments & Trading Area Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹7 L/yr

Last Updated: 3 Jan 2025

Companies similar to Svatantra Microfin for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Poonawalla Fincorp Area Credit Manager Salary 5 - 12 years exp. (206 salaries)	₹5.5 L/yr - ₹21.8 L/yr 111% more
Tata Capital Area Credit Manager Salary 2 - 12 years exp. (127 salaries)	₹8 L/yr - ₹30 L/yr 185% more	6 job openings
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Hero FinCorp Area Credit Manager Salary 5 - 14 years exp. (133 salaries)	₹7.3 L/yr - ₹20.4 L/yr 137% more	1 job opening
Aditya Birla Finance Area Credit Manager Salary 6 - 15 years exp. (116 salaries)	₹8.1 L/yr - ₹21.5 L/yr 146% more
Aavas Financiers Area Credit Manager Salary 3 - 15 years exp. (90 salaries)	₹5 L/yr - ₹13 L/yr 58% more	1 job opening
Piramal Capital Housing Finance Area Credit Manager Salary 3 - 12 years exp. (63 salaries)	₹8.3 L/yr - ₹17 L/yr 123% more
Bajaj Housing Finance Area Credit Manager Salary 2 - 10 years exp. (55 salaries)	₹6 L/yr - ₹16 L/yr 86% more
Veritas Finance Area Credit Manager Salary 5 - 12 years exp. (54 salaries)	₹3 L/yr - ₹8.7 L/yr 12% more
SMFG India Credit Area Credit Manager Salary 5 - 14 years exp. (41 salaries)	₹6 L/yr - ₹23.7 L/yr 142% more
Mahindra Rural Housing Finance Area Credit Manager Salary 6 - 18 years exp. (38 salaries)	₹5.6 L/yr - ₹14.8 L/yr 54% more	1 job opening
Capri Global Capital Area Credit Manager Salary 5 - 15 years exp. (28 salaries)	₹7.5 L/yr - ₹12 L/yr 60% more
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Muthoot Microfin Area Credit Manager Salary 2 - 8 years exp. (28 salaries)	₹2 L/yr - ₹5.5 L/yr 36% less
India Shelter Finance Corporation Area Credit Manager Salary 3 - 14 years exp. (27 salaries)	₹5.9 L/yr - ₹12.5 L/yr 43% more
Shubham Housing Development Finance Area Credit Manager Salary 8 - 12 years exp. (26 salaries)	₹6.5 L/yr - ₹12 L/yr 61% more
InCred Finance Area Credit Manager Salary 4 - 11 years exp. (19 salaries)	₹9 L/yr - ₹15 L/yr 97% more
Tata Motors Finance Area Credit Manager Salary 2 - 14 years exp. (18 salaries)	₹6.5 L/yr - ₹16 L/yr 84% more
John Deere Financial Area Credit Manager Salary 7 - 14 years exp. (6 salaries)	₹10.3 L/yr - ₹15 L/yr 94% more
Hinduja Leyland Finance Area Credit Manager Salary 4 - 16 years exp. (6 salaries)	₹4.8 L/yr - ₹11.4 L/yr 59% more
Ess Kay Fincorp Area Credit Manager Salary 10 - 15 years exp. (5 salaries)	₹5.4 L/yr - ₹7 L/yr 4% more
Annapurna Finance Area Credit Manager Salary 8 - 16 years exp. (4 salaries)	₹5 L/yr - ₹10.5 L/yr 36% more

View all

Area Credit Manager salary at Svatantra Microfin ranges between ₹5.5 Lakhs to ₹6.3 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Svatantra Microfin.

Experience wise Svatantra Microfin Area Credit Manager salaries

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
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6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Svatantra Microfin

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Branch Credit Manager Salary

(7 salaries)

₹3 L/yr - ₹5.07 L/yr

Credit Manager Salary

(4 salaries)

₹3.2 L/yr - ₹5.81 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Branch Manager Salary

(94 salaries)

₹2.1 L/yr - ₹5.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Credit Officer Salary

(12 salaries)

₹2.5 L/yr - ₹4 L/yr

Relationship Manager Salary

(4 salaries)

₹1.62 L/yr - ₹3 L/yr

Deputy Manager Salary

(12 salaries)

₹8.65 L/yr - ₹15.7 L/yr

Chief Manager Salary

(5 salaries)

₹14.29 L/yr - ₹22 L/yr

Top skills at Svatantra Microfin for Area Credit Manager

Business Loan Banking

Salary related reviews for Svatantra Microfin

5.0

Rated by 2 employees for salary & benefits

Branch Manager in Nanded

Full Time

Finance & Accounting Department

5.0

• posted on 07 Oct 2023

5.0

for Salary and Benefits

Likes

...pvt Ltd is best industry in India all Staff Sefty salution Education Relative... Help Staff Advance Salary Benifits Thank you for Svatantra

Salary - Excellent

+6 more

Dislikes

Svatantra Microfin pvt Ltd Is best industry In all But Management Team political issues No any Respect Field work Staff

Data Entry Operator in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 14 Dec 2021

4.0

for Salary and Benefits

Likes

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

Salary - Good

+6 more

Dislikes

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

Regional Mediclaim Coordinator in Mumbai

CSR & Social Service Department

4.0

• posted on 03 Jun 2022

5.0

for Salary and Benefits

Likes

Compensation and Job security is one among the best for my designation. I'm also able to manage a good work life balance.

Salary - Excellent

+5 more

Dislikes

Career Growth and Opportunities is not upto the mark as far as my designation is concerned. Being a Social Work Graduate, the experience that I'm having in my current position is not considered as valid for most of the Social work professions

Area Operation Manager in Bikaner

Finance Department

4.0

• posted on 10 Aug 2021

3.0

for Salary and Benefits

Likes

I'm so lucky & thankful to part of this company. There is a Great working culture ever I have seen, excellent & supportive management, lots of learning ways & platform, values which will definitely change the society & create more woman empowerment.

Skill development - Excellent

+5 more

Dislikes

Everything is fine but salary is little bit low as compare to your work responsibility & as compare to other institution.

Branche Operation Manager in Mumbai

Branch Operations Department

5.0

• posted on 10 Apr 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, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

see more salary related reviews

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What people are saying about Svatantra Microfin

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devildboss

works at

Chaitanya India Fin Credit

Should I Continue in this Type of Company

i Currently Working in Company Name Called Chaitanya Indian fin Credit pvt ltd From Last 3.6 Years as Team Lead And Im Currently getting Paid of 2.7Lakhs Per Annam which is 23k Per Month Which is Below The Market Value And in 2025 Company is Getting Merged With Another Company called Svatantra should i Hold till it Get Merged ?

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Svatantra Microfin Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Svatantra Microfin ?

The average salary of a Area Credit Manager at Svatantra Microfin in India typically ranges from ₹5.5 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Area Credit Manager at Svatantra Microfin earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.3 Lakhs per year. Area Credit Manager Salaries at Svatantra Microfin 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 5 Svatantra Microfin employees in India.

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

The estimated take-home salary of a Area Credit Manager at Svatantra Microfin in India typically ranges from ₹45,324 to ₹46,409 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 4 years to 10 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 5 salaries received from various employees of Svatantra Microfin. 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 Svatantra Microfin ?

To be a Area Credit Manager at Svatantra Microfin in india, the key skills required include:

- Business Loan
- Banking

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

Which companies offer higher salaries than Svatantra Microfin for Area Credit Manager in India?

Tata Capital	₹8.0 Lakhs to ₹30.0 Lakhs per year
Aditya Birla Finance	₹8.1 Lakhs to ₹21.5 Lakhs per year
SMFG India Credit	₹6.0 Lakhs to ₹23.7 Lakhs per year
Hero FinCorp	₹7.3 Lakhs to ₹20.4 Lakhs per year
Piramal Capital Housing Finance	₹8.3 Lakhs to ₹17.0 Lakhs per year

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

What is the salary of a Area Credit Manager in companies similar to Svatantra Microfin in India?

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

Poonawalla Fincorp	₹5.5 Lakhs to ₹21.8 Lakhs per year
InCred Finance	₹9.0 Lakhs to ₹15.0 Lakhs per year
John Deere Financial	₹10.3 Lakhs to ₹15.0 Lakhs per year
Bajaj Housing Finance	₹6.0 Lakhs to ₹16.0 Lakhs per year
Tata Motors Finance	₹6.5 Lakhs to ₹16.0 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 Credit Manager at Svatantra Microfin in India?

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

Experience	Average Salary Range
4 years	₹2.4 Lakhs to ₹6.0 Lakhs per year
5 years	₹2.4 Lakhs to ₹6.0 Lakhs per year
6 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
7 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Svatantra Microfin Area Credit Manager Salaries

Svatantra Microfin Area Credit Manager salary in India ranges between ₹5.5 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Svatantra Microfin latest salaries received from various employees of Svatantra Microfin.