Aavas Financiers Branch Manager 1 Salaries by 3 Employees (Updated 2024)

3 - 7 years exp.

₹3.8 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Branch Manager 1 Salary in NBFC Companies for 3 - 7 years of experience

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Last Updated: 4 Oct 2024

Companies similar to Aavas Financiers for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager 1 Salary 10 - 15 years exp. (4 salaries)	₹7.9 L/yr - ₹14 L/yr 130% more
Piramal Capital Housing Finance Branch Manager 1 Salary 4 - 15 years exp. (4 salaries)	₹4.3 L/yr - ₹9.8 L/yr 56% more
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L&T Finance Branch Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 3% less
IIFL Finance Branch Manager 1 Salary 0 - 12 years exp. (26 salaries)	₹4 L/yr - ₹6.5 L/yr 18% more
Muthoot Finance Branch Manager 1 Salary 4 - 12 years exp. (22 salaries)	₹3.4 L/yr - ₹5.8 L/yr 6% more
Muthoot Fincorp Branch Manager 1 Salary 4 - 15 years exp. (18 salaries)	₹3 L/yr - ₹5 L/yr 1% less
Manappuram Finance Branch Manager 1 Salary 2 - 4 years exp. (8 salaries)	₹2.4 L/yr - ₹4.3 L/yr 26% less
Spandana Sphoorty Financial Branch Manager 1 Salary 1 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹4.2 L/yr 30% less
Bharat Financial Inclusion Branch Manager 1 Salary 4 - 12 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 16% less
Capri Global Capital Branch Manager 1 Salary 8 - 10 years exp. (5 salaries)	₹3.8 L/yr - ₹7.3 L/yr 28% more
Satin Creditcare Network Branch Manager 1 Salary 2 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 16% less
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CreditAccess Grameen Branch Manager 1 Salary 6 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹8.6 L/yr 15% more
Mahindra Rural Housing Finance Branch Manager 1 Salary 5 - 14 years exp. (3 salaries)	₹4.1 L/yr - ₹5.3 L/yr 7% more

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 7 years. Salary estimates are based on 3 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Branch Manager 1 salaries

Last Updated: 4 Oct 2024

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

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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 .

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.

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.

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

Dislikes

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

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.

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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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Aavas Financiers Branch Manager 1 Salary FAQs

What is the notice period for Branch Manager 1 at Aavas Financiers ?

According to AmbitionBox, 100% of the Aavas Financiers Branch Manager 1s reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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 3 Aavas Financiers latest salaries received from various employees of Aavas Financiers .