Annapurna Finance Assistant Risk Manager Salaries by 4 Employees

5 - 7 years exp.

₹3.5 Lakhs - ₹4.6 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

16% less than the average Assistant Risk Manager Salary in NBFC Companies for 5 - 7 years of experience

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Salaries in different departments

Risk Management & Compliance Assistant Risk Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.1 L/yr
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BFSI, Investments & Trading Assistant Risk Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 21 Oct 2024

Companies similar to Annapurna Finance for Assistant Risk Manager

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Assistant Risk Manager Salary 2 - 9 years exp. (33 salaries)	₹2.1 L/yr - ₹4.5 L/yr 19% less
Bajaj Finance Assistant Risk Manager Salary 0 - 6 years exp. (7 salaries)	₹4 L/yr - ₹5.4 L/yr 14% more	3 job openings
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L&T Finance Assistant Risk Manager Salary 3 - 8 years exp. (5 salaries)	₹4.3 L/yr - ₹4.7 L/yr 10% more
Svatantra Microfin Assistant Risk Manager Salary 1 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹5.1 L/yr 3% less
Veritas Finance Assistant Risk Manager Salary 1 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 4% less
Tata Capital Assistant Risk Manager Salary 4 - 8 years exp. (3 salaries)	₹7 L/yr - ₹8.6 L/yr 96% more

Assistant Risk Manager salary at Annapurna Finance ranges between ₹3.5 Lakhs to ₹4.6 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Assistant Risk Manager salaries

Last Updated: 21 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr

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Salary related reviews for Annapurna Finance

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in Bhubaneswar

Full Time

Other Department

2.0

• posted on 21 Apr 2023

1.0

for Salary and Benefits

Likes

Scope. There indeed is a lot to learn on practical aspevts but again its an individuals choice. Good to start career with such org but not a good haul to stay fr long period as you might feel stagnant.

Job security - Good

+1 more

Dislikes

Culture and baised way of salary structure. Unprofessional way of work. No value for quality work. More of a sheep or donkey rearing place. Unorganised work and heavy load with no appropriate compensation.

Salary - Bad

+4 more

MIS Executive in Nagpur

Full Time

Finance & Accounting Department

4.0

• posted on 18 Jul 2019

3.0

for Salary and Benefits

Likes

...ellent training provided, good support of senior staff, and management level.. Compensation and salary is given to the proper way and time to time.

Skill development - Good

+3 more

Dislikes

Growth and development.

MIS Executive in Guwahati

Data Science & Analytics Department

3.0

• posted on 08 Aug 2020

1.0

for Salary and Benefits

Likes

...a Finance has been really supportive towards its employees and has not deducted any amount nor taken any cost cutting steps during this pandemic instead it has encouraged its employees to work just like they were before the pandemic and also offered 25,000 Rs insurance for employees who are being tested positive and a one-time deposit of Rs 10,000.

Job security - Good

Dislikes

What I don't like about the company is the way even after working hard, an employee is not recognized for his/her efforts. Also the company needs to hire better people in the management positions. There lacks leadership among people who are being hired into the management positions which lead to problems in multiple areas.

Salary - Bad

+1 more

Sales Executive in Sillod

FCO Department

4.0

• posted on 30 Jan 2020

4.0

for Salary and Benefits

Likes

I like Annapurna finance Pvt.Ltd. Compensation & benefits

Salary - Good

+1 more

Dislikes

Compensation is decent but growth is slow The work pressure is very high.Sometimes, I have to work 14 -18 hours Straight in a day as I have to attend clint calls in the evening and sometimes late into the night. Managers do not value an individuals' unique strengths, which is why I have to take back my suggestions most of the times. Ido receive appreciation emails from my clint, but they mostly go unnoticed during my mid-year appraisals.

Work-life balance - Bad

Branch Manager

Finance & Accounting Department

5.0

• posted on 11 Dec 2018

3.0

for Salary and Benefits

Likes

Annapurana microfinance pvt.Ltd. is the finest work place for fresher's who wants to make carrier in finance department or banking. Here job is challenging and a good work place .

Skill development - Good

+2 more

Dislikes

This company has no time limit to work ,monthly 4 leaves, good salary and timing, branch management not good.

Company culture - Poor

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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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Annapurna Finance Assistant Risk Manager Salary FAQs

What is the salary of Assistant Risk Manager at Annapurna Finance ?

The average salary of a Assistant Risk Manager at Annapurna Finance in India typically ranges from ₹3.5 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Assistant Risk Manager at Annapurna Finance earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Assistant Risk Manager Salaries at Annapurna 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 4 Annapurna Finance employees in India.

What is the estimated take home salary of a Assistant Risk Manager at Annapurna Finance in India?

The estimated take-home salary of a Assistant Risk Manager at Annapurna Finance in India typically ranges from ₹29,322 to ₹30,697 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 5 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 4 salaries received from various employees of Annapurna Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Annapurna Finance for Assistant Risk Manager in India?

Tata Capital	₹7.0 Lakhs to ₹8.6 Lakhs per year
Bajaj Finance	₹4.0 Lakhs to ₹5.4 Lakhs per year
L&T Finance	₹4.3 Lakhs to ₹4.7 Lakhs per year

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

What is the salary of a Assistant Risk Manager in companies similar to Annapurna Finance in India?

The salary of a Assistant Risk Manager at companies similar to Annapurna Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Svatantra Microfin	₹2.9 Lakhs to ₹5.1 Lakhs per year
Veritas Finance	₹3.0 Lakhs to ₹4.5 Lakhs per year
SMFG India Credit	₹2.1 Lakhs to ₹4.5 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 Assistant Risk Manager at Annapurna Finance in India?

The salary growth for a Assistant Risk Manager at Annapurna Finance depends on factors such as experience, performance, and promotions. On average, a Assistant Risk Manager can expect the following growth trajectory at Annapurna Finance:

Experience	Average Salary Range
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
6 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
7 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

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Annapurna Finance Assistant Risk Manager Salaries

Annapurna Finance Assistant Risk Manager salary in India ranges between ₹3.5 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Annapurna Finance latest salaries received from various employees of Annapurna Finance.