Annapurna Finance Branch Head Salaries by 4 Employees

3 - 7 years exp.

₹2.5 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

70% less than the average Branch Head Salary in NBFC Companies for 3 - 7 years of experience

Interested in this particular role?

Last Updated: 6 Sep 2023

Companies similar to Annapurna Finance for Branch Head

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Branch Head Salary 1 - 8 years exp. (490 salaries)	₹1.5 L/yr - ₹5.2 L/yr 7% more
Aavas Financiers Branch Head Salary 4 - 15 years exp. (251 salaries)	₹3 L/yr - ₹12 L/yr 132% more	2 job openings
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Arohan Financial Services Branch Head Salary 3 - 9 years exp. (133 salaries)	₹1.5 L/yr - ₹5.8 L/yr 5% more
Muthoot Finance Branch Head Salary 6 - 15 years exp. (121 salaries)	₹2.8 L/yr - ₹6.6 L/yr 58% more	3 job openings
Shriram Finance Branch Head Salary 4 - 9 years exp. (55 salaries)	₹2.5 L/yr - ₹6.7 L/yr 22% more
HDB Financial Services Branch Head Salary 7 - 18 years exp. (46 salaries)	₹4.5 L/yr - ₹13.5 L/yr 208% more
IIFL Finance Branch Head Salary 6 - 13 years exp. (39 salaries)	₹3.8 L/yr - ₹6.8 L/yr 61% more
Asirvad Microfinance Branch Head Salary 2 - 6 years exp. (38 salaries)	₹1.8 L/yr - ₹4.2 L/yr 2% more
Mahindra Finance Branch Head Salary 5 - 13 years exp. (19 salaries)	₹3.2 L/yr - ₹6.5 L/yr 58% more
Muthoot Fincorp Branch Head Salary 3 - 11 years exp. (16 salaries)	₹2 L/yr - ₹7.5 L/yr 26% more
Aye Finance Branch Head Salary 4 - 12 years exp. (13 salaries)	₹3.5 L/yr - ₹7.2 L/yr 60% more
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SMFG India Credit Branch Head Salary 8 - 18 years exp. (11 salaries)	₹4.3 L/yr - ₹14.8 L/yr 207% more
L&T Finance Branch Head Salary 3 - 8 years exp. (10 salaries)	₹3.1 L/yr - ₹8.8 L/yr 63% more
Fusion Microfinance Branch Head Salary 4 - 11 years exp. (7 salaries)	₹3 L/yr - ₹7.3 L/yr 37% more
Veritas Finance Branch Head Salary 6 - 10 years exp. (7 salaries)	₹4.5 L/yr - ₹6.5 L/yr 79% more
Bharat Financial Inclusion Branch Head Salary 5 - 10 years exp. (6 salaries)	₹3 L/yr - ₹5.2 L/yr 39% more
Bajaj Finance Branch Head Salary 2 - 10 years exp. (6 salaries)	₹2.7 L/yr - ₹7 L/yr 57% more
Spandana Sphoorty Financial Branch Head Salary 4 - 6 years exp. (5 salaries)	₹3.3 L/yr - ₹4.2 L/yr 14% more
SK Finance Limited Branch Head Salary 5 - 12 years exp. (5 salaries)	₹3.8 L/yr - ₹6.5 L/yr 58% more
Piramal Capital Housing Finance Branch Head Salary 7 - 15 years exp. (5 salaries)	₹6 L/yr - ₹14 L/yr 192% more

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Branch Head salary at Annapurna Finance ranges between ₹2.5 Lakhs to ₹3.8 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Branch Head salaries

Last Updated: 6 Sep 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

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Salary related reviews for Annapurna Finance

1.7

Rated by 6 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

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

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

see more salary related reviews

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Annapurna Finance Branch Head Salary FAQs

What is the salary of Branch Head at Annapurna Finance ?

The average salary of a Branch Head at Annapurna Finance in India typically ranges from ₹2.5 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Branch Head at Annapurna Finance earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Branch Head 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 Branch Head at Annapurna Finance in India?

The estimated take-home salary of a Branch Head at Annapurna Finance in India typically ranges from ₹23,598 to ₹25,058 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 3 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 Branch Head in India?

HDB Financial Services	₹4.5 Lakhs to ₹13.5 Lakhs per year
SMFG India Credit	₹4.3 Lakhs to ₹14.8 Lakhs per year
Piramal Capital Housing Finance	₹6.0 Lakhs to ₹14.0 Lakhs per year
Aavas Financiers	₹3.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Finance	₹5.8 Lakhs to ₹9.5 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 Branch Head in companies similar to Annapurna Finance in India?

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

Veritas Finance	₹4.5 Lakhs to ₹6.5 Lakhs per year
L&T Finance	₹3.1 Lakhs to ₹8.8 Lakhs per year
IIFL Finance	₹3.8 Lakhs to ₹6.8 Lakhs per year
Aye Finance	₹3.5 Lakhs to ₹7.2 Lakhs per year
Muthoot Finance	₹2.8 Lakhs to ₹6.6 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 Head at Annapurna Finance in India?

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

Experience	Average Salary Range
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
6 years	₹2.9 Lakhs to ₹3.8 Lakhs per year

and so on.

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Annapurna Finance Branch Head Salaries

Annapurna Finance Branch Head salary in India ranges between ₹2.5 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Annapurna Finance latest salaries received from various employees of Annapurna Finance.