Annapurna Finance Branch Manager 1 Salaries by 5 Employees (Updated 2024)

5 - 7 years exp.

₹2.7 Lakhs - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Branch Manager 1 Salary in NBFC Companies for 5 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager 1 Salary 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr
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Customer Success, Service & Operations Branch Manager 1 Salary 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 10 May 2023

Companies similar to Annapurna Finance for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Branch Manager 1 Salary 4 - 13 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 7% more
Jana Small Finance Bank Branch Manager 1 Salary 11 - 14 years exp. (6 salaries)	₹7.6 L/yr - ₹10 L/yr 148% more
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Spandana Sphoorty Financial Branch Manager 1 Salary 1 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹4.2 L/yr 10% less
Satin Creditcare Network Branch Manager 1 Salary 2 - 8 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 8% more
Muthoot Finance Branch Manager 1 Salary 4 - 12 years exp. (22 salaries)	₹3.4 L/yr - ₹5.8 L/yr 37% more
AU Small Finance Bank Branch Manager 1 Salary 2 - 11 years exp. (5 salaries)	₹3 L/yr - ₹4.3 L/yr 1% less
IIFL Finance Branch Manager 1 Salary 0 - 12 years exp. (26 salaries)	₹4 L/yr - ₹6.5 L/yr 52% more
Muthoot Fincorp Branch Manager 1 Salary 4 - 15 years exp. (18 salaries)	₹3 L/yr - ₹5 L/yr 28% more
Manappuram Finance Branch Manager 1 Salary 2 - 5 years exp. (8 salaries)	₹2.4 L/yr - ₹4.3 L/yr 5% less
Bajaj Finance Branch Manager 1 Salary 2 - 10 years exp. (5 salaries)	₹3.6 L/yr - ₹6.5 L/yr 57% more
SMFG India Credit Branch Manager 1 Salary 10 - 16 years exp. (5 salaries)	₹4.2 L/yr - ₹8.4 L/yr 103% more
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Muthoot Microfin Branch Manager 1 Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 3% less
Aavas Financiers Branch Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.8 L/yr - ₹4.5 L/yr 30% more
L&T Finance Branch Manager 1 Salary 3 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 24% more
Tata Capital Branch Manager 1 Salary 2 - 12 years exp. (4 salaries)	₹4.1 L/yr - ₹9.5 L/yr 81% more
CreditAccess Grameen Branch Manager 1 Salary 6 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹8.6 L/yr 48% more
Piramal Capital Housing Finance Branch Manager 1 Salary 4 - 15 years exp. (4 salaries)	₹4.3 L/yr - ₹9.8 L/yr 100% more
Fusion Microfinance Branch Manager 1 Salary 3 - 8 years exp. (3 salaries)	₹2.9 L/yr - ₹4 L/yr 7% more
HDB Financial Services Branch Manager 1 Salary 3 - 6 years exp. (3 salaries)	₹6.1 L/yr - ₹8.3 L/yr 140% more

Branch Manager 1 salary at Annapurna Finance ranges between ₹2.7 Lakhs to ₹3.9 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Branch Manager 1 salaries

Last Updated: 10 May 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.8 L/yr
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7 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

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Salary related reviews for Annapurna Finance

3.0

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.

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.

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.

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

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

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

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.

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 .

Dislikes

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

see more salary related reviews

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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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Annapurna Finance Branch Manager 1 Salary FAQs

What is the salary of Branch Manager 1 at Annapurna Finance?

Branch Manager 1 salary at Annapurna Finance in India ranges between ₹2.7 Lakhs to ₹3.9 Lakhs for experience between 5 years to 7 years. According to our estimates it is 41% less than the average Branch Manager 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Annapurna Finance India.

How does the salary of a Branch Manager 1 at Annapurna Finance India compare with the average salary range for this job?

The average salary of a Branch Manager 1 at Annapurna Finance is 41% less than the average salary of a Branch Manager 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Annapurna Finance to a Branch Manager 1 in India?

Jana Small Finance Bank Branch Manager 1 Salary - ₹7.6 Lakhs to ₹10.0 Lakhs per year
HDB Financial Services Branch Manager 1 Salary - ₹6.1 Lakhs to ₹8.3 Lakhs per year
SMFG India Credit Branch Manager 1 Salary - ₹4.2 Lakhs to ₹8.4 Lakhs per year
Piramal Capital Housing Finance Branch Manager 1 Salary - ₹4.3 Lakhs to ₹9.8 Lakhs per year
Tata Capital Branch Manager 1 Salary - ₹4.1 Lakhs to ₹9.5 Lakhs per year

What is the salary of a Branch Manager 1 in companies similar to Annapurna Finance in India?

Bajaj Finance Branch Manager 1 Salary - ₹3.6 Lakhs to ₹6.5 Lakhs per year
IIFL Finance Branch Manager 1 Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
CreditAccess Grameen Branch Manager 1 Salary - ₹3.6 Lakhs to ₹8.6 Lakhs per year
Muthoot Finance Branch Manager 1 Salary - ₹3.4 Lakhs to ₹5.8 Lakhs per year
Aavas Financiers Branch Manager 1 Salary - ₹3.8 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Branch Manager 1 at Annapurna Finance in India?

The estimated take-home salary of a Branch Manager 1 at Annapurna Finance ranges between ₹24,155 per month to ₹25,607 per month in India. The take-home salary calculation is based on the average Annapurna Finance Branch Manager 1 salary in India which ranges between ₹2.7 Lakhs to ₹3.9 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager 1 at Annapurna Finance?

According to AmbitionBox, 33% of the Annapurna Finance Branch Manager 1s reported a notice period of 15 days or less, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Annapurna Finance Branch Manager 1 Salaries

Annapurna Finance Branch Manager 1 salary in India ranges between ₹2.7 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Annapurna Finance latest salaries received from various employees of Annapurna Finance.