Vastu Housing Finance Indore Area Credit Manager Salaries by 5 Employees (Updated 2025)

7 - 13 years exp.

₹6.5 Lakhs - ₹9.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% less than the average Area Credit Manager Salary in Financial Services Companies for 7 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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Finance & Accounting Area Credit Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹9.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to Vastu Housing Finance for Area Credit Manager in Indore

Vastu Housing Finance Area Credit Manager Salary

7 - 13 years exp. (5 salaries)

₹6.5 L/yr - ₹9.2 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Area Credit Manager Salary 2 - 10 years exp. (10 salaries)	₹7.1 L/yr - ₹15 L/yr 63% more
HDFC Bank Area Credit Manager Salary 6 - 18 years exp. (9 salaries)	₹12 L/yr - ₹30 L/yr 169% more
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AU Small Finance Bank Area Credit Manager Salary 8 - 11 years exp. (9 salaries)	₹8 L/yr - ₹11.9 L/yr 27% more
Cholamandalam Investment & Finance Area Credit Manager Salary 7 - 13 years exp. (8 salaries)	₹7.5 L/yr - ₹11.5 L/yr 38% more
Poonawalla Fincorp Area Credit Manager Salary 5 - 9 years exp. (8 salaries)	₹4.9 L/yr - ₹15 L/yr 49% more

Area Credit Manager salary at Vastu Housing Finance ranges between ₹6.5 Lakhs to ₹9.2 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Vastu Housing Finance.

Experience wise Vastu Housing Finance Area Credit Manager salaries in Indore

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
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9 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
10 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
11 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
12 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
13 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr

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Similar Designation salaries in Vastu Housing Finance

Credit Manager Salary

(13 salaries)

₹4.93 L/yr - ₹7.8 L/yr

Relationship Manager Salary

(13 salaries)

₹1.7 L/yr - ₹4 L/yr

Sales Manager Salary

(7 salaries)

₹3.1 L/yr - ₹5.5 L/yr

Top skills at Vastu Housing Finance for Area Credit Manager

Housing Loan Lead Generation Real Estate Credit

Salary related reviews for Vastu Housing Finance

Relationship Manager in Kadapa

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jan 2024

4.0

for Salary and Benefits

Likes

Just in time salary but caste feelings. And jealous people hardworking people doesn't recognise management.

Salary - Good

Dislikes

Caste feelings jealous only they will select the person for the job they will believe gocips

Skill development - Bad

+5 more

Credit Manager in Gwalior

BFSI, Investments & Trading Department

2.0

• posted on 22 Oct 2022

2.0

for Salary and Benefits

Likes

College friendly and supportive

Dislikes

At every moment company senior official thinking about cost cutting and ask for work done they never botherd about how employee working. Thay never think about required resouces. Even after asking for them they never responds.

Salary - Poor

+4 more

Assistant Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Nov 2023

3.0

for Salary and Benefits

Likes

Vastu belives in no sir/ma'am culture but that is only perception outside the company. Once you join you'll realize that how terrible environment is inside the company. You'll have to request the each and every employee for his own work...so your performance won't get affected...

Promotions - Good

Dislikes

... join office at 9:30am and work at lest 10 hr... this is the bare minimum... 4. Here is one bonus for all the fresher folks out there..... I've joined this company in February 2023 along with 36 batch mates in the north India region and within 9 months only 3 decided to continue and 33 including me.. left the organization because of various reasons. Like.. 1. There was no role clarity. 2. They change our reporting manager 5 times in the 9 months.. just think how terrific it was. 3. To be very honest I felt lost in my career and I decided to quit even I didn't have any offer from other company... because the environment shrink my knowledge and that doesn't allow me to grow in my career.

Skill development - Bad

+4 more

Collection Officer in Surat

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 01 Oct 2020

4.0

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 - Good

+6 more

Dislikes

Salary is decent but career growth is slow.

Manager in Mumbai

Finance & Accounting Department

4.0

• posted on 05 Apr 2022

5.0

for Salary and Benefits

Likes

... beginners to learn. Company doesn't promote corporate politics and competition. Compensation are also very good based on performance.

Salary - Excellent

+5 more

Dislikes

Company should focus on employees work life balance. Avoid working on holidays

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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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Vastu Housing Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Vastu Housing Finance in Indore?

The average salary of a Area Credit Manager at Vastu Housing Finance in Indore typically ranges from ₹6.5 Lakhs to ₹9.2 Lakhs per year, depending on experience (from 7 years to 13 years).

The top 10% of Area Credit Manager in Indore at Vastu Housing Finance earn more than ₹9.2 Lakhs per year, and the top 1% earn over ₹9.2 Lakhs per year. Area Credit Manager Salaries at Vastu Housing 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 5 Vastu Housing Finance employees in India.

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

The estimated take-home salary of a Area Credit Manager at Vastu Housing Finance in Indore typically ranges from ₹59,437 to ₹60,938 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹9.2 Lakhs per year for employees with experience ranging from 7 years to 13 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 Vastu Housing 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 Vastu Housing Finance in Indore?

To be a Area Credit Manager at Vastu Housing Finance in Indore, the key skills required include:

- Housing Loan
- Lead Generation
- Real Estate
- Credit

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

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

HDFC Bank	₹12.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank	₹7.1 Lakhs to ₹15.0 Lakhs per year
Poonawalla Fincorp	₹4.9 Lakhs to ₹15.0 Lakhs per year
Cholamandalam Investment & Finance	₹7.5 Lakhs to ₹11.5 Lakhs per year
AU Small Finance Bank	₹8.0 Lakhs to ₹11.9 Lakhs per year

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

How the salary growth look like for a Area Credit Manager at Vastu Housing Finance in Indore?

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

Experience	Average Salary Range
7 years	₹6.9 Lakhs to ₹8.9 Lakhs per year
8 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
9 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
10 years	₹7.4 Lakhs to ₹9.5 Lakhs per year

and so on.

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Vastu Housing Finance Area Credit Manager Salaries in Indore

Vastu Housing Finance Area Credit Manager salary in Indore ranges between ₹6.5 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Vastu Housing Finance latest salaries received from various employees of Vastu Housing Finance.