Aavas Financiers Branch Manager 1 Salaries by 4 Employees (Updated 2025)

3 - 8 years exp.

₹3.8 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Branch Manager 1 Salary in NBFC Companies for 3 - 8 years of experience

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Last Updated: 6 Jan 2025

Companies similar to Aavas Financiers for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Branch Manager 1 Salary 2 - 12 years exp. (26 salaries)	₹3.7 L/yr - ₹6.5 L/yr 19% more
Muthoot Fincorp Branch Manager 1 Salary 4 - 15 years exp. (23 salaries)	₹3 L/yr - ₹5 L/yr 4% more
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Muthoot Finance Branch Manager 1 Salary 4 - 11 years exp. (22 salaries)	₹3 L/yr - ₹5.6 L/yr 1% more
Manappuram Finance Branch Manager 1 Salary 2 - 5 years exp. (8 salaries)	₹2.4 L/yr - ₹4.3 L/yr 30% less
Spandana Sphoorty Financial Branch Manager 1 Salary 1 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹4.2 L/yr 31% less
Bharat Financial Inclusion Branch Manager 1 Salary 4 - 13 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 17% less
Capri Global Capital Branch Manager 1 Salary 8 - 10 years exp. (5 salaries)	₹3.8 L/yr - ₹7.3 L/yr 26% more
Satin Creditcare Network Branch Manager 1 Salary 2 - 8 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 17% less
Mahindra Rural Housing Finance Branch Manager 1 Salary 5 - 8 years exp. (4 salaries)	₹4.1 L/yr - ₹6.5 L/yr At par
L&T Finance Branch Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 5% less
CreditAccess Grameen Branch Manager 1 Salary 6 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹8.6 L/yr 14% more
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Branch Manager 1 salary at Aavas Financiers ranges between ₹3.8 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Branch Manager 1 salaries

Last Updated: 6 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for Aavas Financiers

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Location near to my home - good understanding with credit team . No salary deduction at time of covid n even get good incentive for sales of hl and lap

Dislikes

Not work Life balanced , even we have to work at every Sunday .

Work-life balance - Bad

Credit Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

Experience that i have learned here. There is lot learn for a fresher.

Skill development - Good

Dislikes

work culture HR policy for employees welfare and retention Lack of Holidays Low salary Discrimination between professionals wiz CA and CMA. Lot more closings. it should be 1 closing. working on holidays.

Salary - Poor

+3 more

Assistant Branch Manager in Surendranagar

Full Time

Product Management Department

1.0

• posted on 28 Jun 2022

2.0

for Salary and Benefits

Likes

...rking day, no time for family No incentive on time and cut so many incentives Company give us context but never pay for the same voucher No AC till 2 years go

Skill development - Good

+1 more

Dislikes

Main dislike is no incentive on time and not received time to time voucher of context

Salary - Poor

+4 more

Credit Manager in Jaipur

Full Time

Risk Management & Compliance Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

Good company Good salary package

Dislikes

Average working culture and most of the work given to credit Manager instead of sales team. Every day month end at there and personal life can't be enjoying and also unable to spend time with family. To be resources/Hire educated person

Credit Manager in Jaipur

Production, Manufacturing & Engineering Department

1.0

• posted on 01 Jun 2022

1.0

for Salary and Benefits

Likes

There is good amount of liberty and pretty good scope for learning.

Dislikes

...yees. only 3 sundays are available for holiday in a month. this must be changed. salary is very low and increment also at very low level. there must be fixed and strict policy regarding initial package of salary.

Salary - Bad

+4 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Aavas Financiers Branch Manager 1 Salary FAQs

What is the salary of Branch Manager 1 at Aavas Financiers ?

The average salary of a Branch Manager 1 at Aavas Financiers in India typically ranges from ₹3.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Branch Manager 1 at Aavas Financiers earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Branch Manager 1 Salaries at Aavas Financiers 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 Aavas Financiers employees in India.

What is the estimated take home salary of a Branch Manager 1 at Aavas Financiers in India?

The estimated take-home salary of a Branch Manager 1 at Aavas Financiers in India typically ranges from ₹32,262 to ₹33,543 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 8 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 Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Aavas Financiers for Branch Manager 1 in India?

Capri Global Capital	₹3.8 Lakhs to ₹7.3 Lakhs per year
IIFL Finance	₹3.7 Lakhs to ₹6.5 Lakhs per year
CreditAccess Grameen	₹3.6 Lakhs to ₹8.6 Lakhs per year
Muthoot Fincorp	₹3.0 Lakhs to ₹5.0 Lakhs per year
Muthoot Finance	₹3.0 Lakhs to ₹5.6 Lakhs per year

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

What is the salary of a Branch Manager 1 in companies similar to Aavas Financiers in India?

The salary of a Branch Manager 1 at companies similar to Aavas Financiers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Rural Housing Finance	₹4.1 Lakhs to ₹6.5 Lakhs per year
L&T Finance	₹3.5 Lakhs to ₹4.8 Lakhs per year
Satin Creditcare Network	₹3.0 Lakhs to ₹4.5 Lakhs per year
Bharat Financial Inclusion	₹2.8 Lakhs to ₹4.5 Lakhs per year
Manappuram Finance	₹2.4 Lakhs to ₹4.3 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 Branch Manager 1 at Aavas Financiers in India?

The salary growth for a Branch Manager 1 at Aavas Financiers depends on factors such as experience, performance, and promotions. On average, a Branch Manager 1 can expect the following growth trajectory at Aavas Financiers :

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
7 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
8 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Aavas Financiers Branch Manager 1 Salaries

Aavas Financiers Branch Manager 1 salary in India ranges between ₹3.8 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Aavas Financiers latest salaries received from various employees of Aavas Financiers .