Annapurna Finance Indore Branch Manager Salaries by 4 Employees

8 - 9 years exp.

₹3.8 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

56% less than the average Branch Manager Salary in NBFC Companies for 8 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Branch Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Branch Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.8 L/yr

Last Updated: 1 Dec 2024

Companies similar to Annapurna Finance for Branch Manager in Indore

Annapurna Finance Branch Manager Salary

8 - 9 years exp. (4 salaries)

₹3.8 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Branch Manager Salary 2 - 14 years exp. (30 salaries)	₹2.9 L/yr - ₹7 L/yr 7% more
SK Finance Limited Branch Manager Salary 5 - 10 years exp. (6 salaries)	₹3.6 L/yr - ₹5.5 L/yr 3% less
Login to view exact salary
Satin Creditcare Network Branch Manager Salary 5 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹3.6 L/yr 23% less	1 job opening
Mahindra Finance Branch Manager Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹6.7 L/yr 22% more
Veritas Finance Branch Manager Salary 8 - 10 years exp. (3 salaries)	₹4.3 L/yr - ₹5.2 L/yr 11% more
SMFG India Credit Branch Manager Salary 8 - 13 years exp. (3 salaries)	₹6.5 L/yr - ₹14 L/yr 99% more	5 job openings

Branch Manager salary at Annapurna Finance ranges between ₹3.8 Lakhs to ₹5 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Branch Manager salaries in Indore

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

From

Branch Manager

4 - 10 years exp.

Business Cluster Manager

Salary unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Annapurna Finance

Credit Manager Salary

(10 salaries)

₹3.37 L/yr - ₹5.85 L/yr

Deputy Manager Salary

(3 salaries)

₹3.5 L/yr - ₹5 L/yr

Cluster Manager Salary

(3 salaries)

₹6.66 L/yr - ₹10 L/yr

Top skills at Annapurna Finance for Branch Manager

Branch Management Team Handling Business Loan Sales Branch Operations mortgage Operations Management Microfinance Branch Handling Team Management Lap Mortgage Loans Recovery SME Finance IBMS

Salary related reviews for Annapurna Finance

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

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

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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 Branch Manager Salary FAQs

What is the salary of Branch Manager at Annapurna Finance in Indore?

The average salary of a Branch Manager at Annapurna Finance in Indore typically ranges from ₹3.8 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 8 years to 9 years).

The top 10% of Branch Manager in Indore at Annapurna Finance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Branch 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 Branch Manager at Annapurna Finance in Indore?

The estimated take-home salary of a Branch Manager at Annapurna Finance in Indore typically ranges from ₹34,538 to ₹35,784 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 8 years to 9 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.

What are the key skills required to be a Branch Manager at Annapurna Finance in Indore?

To be a Branch Manager at Annapurna Finance in Indore, the key skills required include:

- Branch Management
- Team Handling
- Business Loan
- Sales
- Branch Operations

These skills are highly valued at Annapurna Finance and are crucial for successful performance in a Software Engineering role.

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

SMFG India Credit	₹6.5 Lakhs to ₹14.0 Lakhs per year
Mahindra Finance	₹4.0 Lakhs to ₹6.7 Lakhs per year
Veritas Finance	₹4.3 Lakhs to ₹5.2 Lakhs per year
Shriram Finance	₹2.9 Lakhs to ₹7.0 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.

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

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

SK Finance Limited	₹3.6 Lakhs to ₹5.5 Lakhs per year
Satin Creditcare Network	₹3.3 Lakhs to ₹3.6 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 Manager at Annapurna Finance in Indore?

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

Experience	Average Salary Range
8 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
9 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Annapurna Finance Branch Manager Salaries in Indore

Annapurna Finance Branch Manager salary in Indore ranges between ₹3.8 Lakhs to ₹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.