Annapurna Finance Assistant Vice President Credit Salaries by 4 Employees

5 - 7 years exp.

₹8 Lakhs - ₹13.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% less than the average Assistant Vice President Credit Salary in NBFC Companies for 5 - 7 years of experience

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Salaries in different departments

Consulting Assistant Vice President Credit Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹12.1 L/yr - ₹14.8 L/yr
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BFSI, Investments & Trading Assistant Vice President Credit Salary 5 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 25 Oct 2023

Companies similar to Annapurna Finance for Assistant Vice President Credit

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Assistant Vice President Credit Salary 7 - 12 years exp. (5 salaries)	₹14.2 L/yr - ₹24 L/yr 58% more
Tata Capital Assistant Vice President Credit Salary 15 - 20 years exp. (3 salaries)	₹18.5 L/yr - ₹22 L/yr 82% more
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HDFC Bank Assistant Vice President Credit Salary 4 - 16 years exp. (16 salaries)	₹15.5 L/yr - ₹33 L/yr 107% more
Axis Bank Assistant Vice President Credit Salary 1 - 18 years exp. (13 salaries)	₹19.1 L/yr - ₹32.2 L/yr 140% more
Citicorp Assistant Vice President Credit Salary 9 - 15 years exp. (6 salaries)	₹20 L/yr - ₹26 L/yr 110% more

Assistant Vice President Credit salary at Annapurna Finance ranges between ₹8 Lakhs to ₹13.5 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 Vice President Credit salaries

Last Updated: 25 Oct 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
6 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
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7 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr

Similar Designation salaries in Annapurna Finance

Assistant Vice President Salary

(36 salaries)

₹8 L/yr - ₹21.2 L/yr

Associate Vice President Salary

(5 salaries)

₹11 L/yr - ₹38 L/yr

Assistant Credit Manager Salary

(28 salaries)

₹2.2 L/yr - ₹4.55 L/yr

Branch Credit Manager Salary

(49 salaries)

₹2.75 L/yr - ₹5.65 L/yr

Regional Credit Manager Salary

(4 salaries)

₹8 L/yr - ₹25 L/yr

Area Credit Manager Salary

(4 salaries)

₹5 L/yr - ₹10.5 L/yr

Senior Credit Officer Salary

(3 salaries)

₹2 L/yr - ₹2.4 L/yr

Cluster Credit Manager Salary

(28 salaries)

₹5 L/yr - ₹16 L/yr

Branch Manager Salary

(148 salaries)

₹2 L/yr - ₹6 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Salary related reviews for Annapurna Finance

Credit Relationship Manager in Goregaon

Full Time

Finance & Accounting Department

3.0

• posted on 07 May 2023

4.0

for Salary and Benefits

Likes

...deputy manager . It's a odisa base company means head office is in odisa State. End of the month we got salary . Reporting boss is always helpful n corporate.

Salary - Good

+3 more

Dislikes

Politics wid office staff Not corporate Credit person in Mumbai region only one staff to each branch and sales person around 6 staff wid branch manager. Daily business expected like new business and collection recovery from default and flow customer. Branch environment is not good for working.

Company culture - Poor

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

Branch Credit Manager in Sonepur, Odisha

Full Time

Finance & Accounting Department

5.0

• posted on 20 Jan 2024

5.0

for Salary and Benefits

Likes

Job Security, Salary on time, Friendly Atmosphere with in own branch.

Salary - Excellent

+6 more

Dislikes

Work on Holiday, Sunday Work, Compensatory Leave will be given but you none Can able to take this. As very less leave is granted. One forcely adjust as he or she is family person and having responsibilities.

Credit Manager in Aurangabad Bihar

Finance & Accounting Department

5.0

• posted on 10 Jun 2022

5.0

for Salary and Benefits

Likes

Good working environment and culture.Teammates are supporting and the management is transparent. Smooth and easy process.

Salary - Excellent

+4 more

Dislikes

Poor salary and career growth is slow .On the job training is not given to new joiners. Increments hold of previous year that is very baad habit.

Credit Manager in Tamilnadu

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 17 Jan 2022

2.0

for Salary and Benefits

Likes

Nothing to say particularly. An avg work culture needed to improve in all those dept

Job security - Good

Dislikes

Not cared about employees benefits. Like appraisal, promotion , Branch expenses from our salary, delayed reimbursements for branch expenses, no proper response from back end head office. Business oriented company, not supporting for credit dept. No challenging contests for business and credit. Last 2 years no appraisal... If you suffered fever even forced to come to office

Salary - Poor

+2 more

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Annapurna Finance Assistant Vice President Credit Salary FAQs

What is the salary of Assistant Vice President Credit at Annapurna Finance ?

The average salary of a Assistant Vice President Credit at Annapurna Finance in India typically ranges from ₹8.0 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Assistant Vice President Credit at Annapurna Finance earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Assistant Vice President Credit 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 Vice President Credit at Annapurna Finance in India?

The estimated take-home salary of a Assistant Vice President Credit at Annapurna Finance in India typically ranges from ₹81,059 to ₹83,172 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹13.5 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 Vice President Credit in India?

Axis Bank	₹19.1 Lakhs to ₹32.2 Lakhs per year
Citicorp	₹20.0 Lakhs to ₹26.0 Lakhs per year
HDFC Bank	₹15.5 Lakhs to ₹33.0 Lakhs per year
Tata Capital	₹18.5 Lakhs to ₹22.0 Lakhs per year
Aavas Financiers	₹14.2 Lakhs to ₹24.0 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.

How the salary growth look like for a Assistant Vice President Credit at Annapurna Finance in India?

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

Experience	Average Salary Range
5 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
6 years	₹12.1 Lakhs to ₹15.5 Lakhs per year
7 years	₹12.1 Lakhs to ₹15.5 Lakhs per year

and so on.

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Annapurna Finance Assistant Vice President Credit Salaries

Annapurna Finance Assistant Vice President Credit salary in India ranges between ₹8 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Annapurna Finance latest salaries received from various employees of Annapurna Finance.