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Aavas Financiers Risk Manager salaries in India

Annual salary range
4 - 7 years exp.
₹2.1 Lakhs - ₹8.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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63% less than the average Risk Manager Salary in NBFC Companies for 4 - 7 years of experience

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Salaries in different departments

Finance & Accounting
Risk Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.7 L/yr

Risk Management & Compliance
Risk Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹6 L/yr

Last Updated: 20 May 2023

Companies similar to Aavas Financiers for Risk Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Risk Manager Salary

1 - 10 years exp. (78 salaries)

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₹3.8 L/yr - ₹14.7 L/yr

arrow icon 98% more
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Sammaan Capital Limited Risk Manager Salary

2 - 8 years exp. (3 salaries)

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₹6.2 L/yr - ₹6.8 L/yr

arrow icon 47% more
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₹10 L/yr - ₹20 L/yr

arrow icon 260% more
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Can Fin Homes Risk Manager Salary

2 - 4 years exp. (4 salaries)

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₹12 L/yr - ₹15 L/yr

arrow icon 198% more
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L&T Finance Risk Manager Salary

0 - 8 years exp. (176 salaries)

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₹2.4 L/yr - ₹6.1 L/yr

arrow icon 14% less
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IIFL Finance Risk Manager Salary

1 - 7 years exp. (11 salaries)

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₹8.1 L/yr - ₹24 L/yr

arrow icon 224% more
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CreditAccess Grameen Risk Manager Salary

5 - 9 years exp. (8 salaries)

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₹2.9 L/yr - ₹5.5 L/yr

arrow icon 7% more
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₹3.8 L/yr - ₹11 L/yr

arrow icon 64% more
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Poonawalla Fincorp Risk Manager Salary

1 - 18 years exp. (7 salaries)

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₹4.7 L/yr - ₹13.5 L/yr

arrow icon 98% more
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Mahindra Finance Risk Manager Salary

6 - 17 years exp. (5 salaries)

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₹17.1 L/yr - ₹25.3 L/yr

arrow icon 382% more
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Satin Creditcare Network Risk Manager Salary

1 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹4.1 L/yr

arrow icon 23% less
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PNB Housing Finance Risk Manager Salary

3 - 10 years exp. (4 salaries)

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₹8.8 L/yr - ₹17.5 L/yr

arrow icon 171% more
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Shriram Finance Risk Manager Salary

2 - 14 years exp. (4 salaries)

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₹2.8 L/yr - ₹7.1 L/yr

arrow icon 3% more
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₹8 L/yr - ₹12 L/yr

arrow icon 125% more
Risk Manager salary at Aavas Financiers ranges between ₹2.1 Lakhs to ₹8.4 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Aavas Financiers .

Latest annual salaries shared by Aavas Financiers Risk Manager

1y ago
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6 years exp.
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5 years exp.
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5 years exp.
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4 years exp.

Experience wise Aavas Financiers Risk Manager salaries

Last Updated: 20 May 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹8.4 L/yr

Similar Designation salaries in Aavas Financiers

Audit Manager Salary
(5 salaries)
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₹5 L/yr - ₹6.6 L/yr
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₹2 L/yr - ₹3.8 L/yr
Branch Manager Salary
(38 salaries)
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₹3.6 L/yr - ₹8.22 L/yr
Deputy Manager Salary
(31 salaries)
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₹3.5 L/yr - ₹8 L/yr
Team Lead Salary
(20 salaries)
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₹2.2 L/yr - ₹4 L/yr
Accountant Salary
(11 salaries)
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₹3 L/yr - ₹4.5 L/yr
Auditor Salary
(3 salaries)
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₹1.2 L/yr - ₹2.4 L/yr
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₹1.5 L/yr - ₹8 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.9 L/yr
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₹2 L/yr - ₹3.3 L/yr

Salary related reviews for Aavas Financiers

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 16 Oct 2024

3.0
 for  Salary and Benefits

Likes

It's been a pleasure to work in a reputed company like aavas, I was very much enjoyed my working period. The work frame and culture is appreciated . I would like to thank the organisation for giving my such a wonderful opertunity to be a part. Thank u

read more
  • Job security - Good
  • +1 more

Dislikes

Earlier Incentives was too good, now incentives are restructured and paying less . Earlier salary package was also offered less.

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 08 Oct 2024

1.0
 for  Salary and Benefits

Likes

Good to work to enhance productivity and supporting staffs

Dislikes

Appraisal and and salary is always been limited as set my company saying HR always HR policy is clearly mentioned that appraisal done when u join from that day but till yet year no appraisal done,

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 24 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary and incentive are too good

  • Job security - Excellent

Dislikes

Company is only worst, they don’t have any time management once you join the company you will be treated has worst , Before Joining the company they tell that we are time management and good working culture but it’s not they will keep on extend the system till 10 or 12 midnight who will work for so long day this will keep on running for two to three week same timing, once u enter into this hell you will feel depressed. Main thing is they are following this employment Contract Bond for one year and 2 years due this bond many employees are staying quite or else all employees will be walk out……. So over all the timing and bond system it’s are two things are impacting the employees part from this the company has good shares and good book size in the market the technology are updating they are making the loan availability smoothly.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Teaching & Training Department

1.0
  •  posted on 22 Jul 2024

2.0
 for  Salary and Benefits

Likes

Job security and only good pay

Dislikes

The company lacks a structured approach, which is evident in their misleading information. For instance, they claim their Mumbai office is located in BKC, but it's actually situated in Kurla, which leads to confusion and disappointment among new hires. Many employees fail to return after their first day due to this discrepancy. Furthermore, once you're hired, there's a lack of clear guidance or a well-defined roadmap for your role. The HR department, in particular, seems to be unresponsive and unconcerned about the struggles of new employees. Unfortunately, the work environment is also marred by unprofessional behavior, with some colleagues exhibiting cheap and unbecoming conduct.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Feb 2024

2.0
 for  Salary and Benefits

Likes

Company was good for fresher who want to start his carrier. They are providing the learning growth to employees.

  • Skill development - Good
  • +1 more

Dislikes

Salary structure is not so good as compared to work load and you are not be able to balance the work and personal life balance in the organisation. But lots of politics are happening in work atmosphere. And not time fixed for operation team.

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

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Aavas Financiers Risk Manager Salary FAQs

What is the salary of Risk Manager at Aavas Financiers ?
The average salary of a Risk Manager at Aavas Financiers in India typically ranges from ₹2.1 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Risk Manager at Aavas Financiers earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Risk Manager 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 5 Aavas Financiers employees in India.
What is the estimated take home salary of a Risk Manager at Aavas Financiers in India?
The estimated take-home salary of a Risk Manager at Aavas Financiers in India typically ranges from ₹34,256 to ₹35,507 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 4 years to 7 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 Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Aavas Financiers for Risk Manager in India?
Mahindra Finance ₹17.1 Lakhs to ₹25.3 Lakhs per year
Piramal Capital Housing Finance ₹10.0 Lakhs to ₹20.0 Lakhs per year
IIFL Finance ₹8.1 Lakhs to ₹24.0 Lakhs per year
Can Fin Homes ₹12.0 Lakhs to ₹15.0 Lakhs per year
PNB Housing Finance ₹8.8 Lakhs to ₹17.5 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 Risk Manager in companies similar to Aavas Financiers in India?
The salary of a Risk Manager 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 ₹8.0 Lakhs to ₹12.0 Lakhs per year
Poonawalla Fincorp ₹4.7 Lakhs to ₹13.5 Lakhs per year
HDFC Bank ₹3.8 Lakhs to ₹14.7 Lakhs per year
Bharat Financial Inclusion ₹3.8 Lakhs to ₹11.0 Lakhs per year
Sammaan Capital Limited ₹6.2 Lakhs to ₹6.8 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 Risk Manager at Aavas Financiers in India?
The salary growth for a Risk Manager at Aavas Financiers depends on factors such as experience, performance, and promotions. On average, a Risk Manager can expect the following growth trajectory at Aavas Financiers :

Experience Average Salary Range
4 years ₹0.8 Lakhs to ₹2.7 Lakhs per year
5 years ₹2.1 Lakhs to ₹5.8 Lakhs per year
6 years ₹2.2 Lakhs to ₹6.0 Lakhs per year
7 years ₹3.1 Lakhs to ₹8.4 Lakhs per year
and so on.

Tell us how to improve this page.

Aavas Financiers Risk Manager salary in India ranges between ₹2.1 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Aavas Financiers latest salaries received from various employees of Aavas Financiers .