Annapurna Finance Indore Branch Manager Salaries by 4 Employees (Updated 2025)

8 - 9 years exp.

₹3.8 Lakhs - ₹5 Lakhs

Salary of majority employees

60% less than the average Branch Manager Salary in NBFC Companies for 8 - 9 years of experience

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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)	₹3.9 L/yr - ₹4.5 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
Bajaj Finance Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹6.4 L/yr - ₹7.2 L/yr 54% more	3 job openings
Mahindra Finance Branch Manager Salary 4 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹6.7 L/yr 18% more
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Shriram Finance Branch Manager Salary 5 - 14 years exp. (30 salaries)	₹2.9 L/yr - ₹7 L/yr 11% more
Equitas Small Finance Bank Branch Manager Salary 5 - 13 years exp. (18 salaries)	₹3.5 L/yr - ₹13.5 L/yr 95% more
Jana Small Finance Bank Branch Manager Salary 5 - 16 years exp. (8 salaries)	₹5.5 L/yr - ₹12.5 L/yr 84% more	1 job opening
SK Finance Limited Branch Manager Salary 5 - 10 years exp. (6 salaries)	₹3.6 L/yr - ₹5.5 L/yr 1% more
Satin Creditcare Network Branch Manager Salary 5 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹3.6 L/yr 21% less
Veritas Finance Branch Manager Salary 8 - 10 years exp. (3 salaries)	₹4.3 L/yr - ₹5 L/yr 11% more
SMFG India Credit Branch Manager Salary 8 - 13 years exp. (3 salaries)	₹6.6 L/yr - ₹14 L/yr 103% more

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)	₹3.8 L/yr - ₹5 L/yr
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9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr

Similar Designation salaries in Annapurna Finance

Credit Manager Salary

(8 salaries)

₹3.37 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(3 salaries)

₹3.5 L/yr - ₹5 L/yr

Cluster Manager Salary

(3 salaries)

₹6.61 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 Customer Satisfaction

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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Annapurna Finance Branch Manager Salary FAQs

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

Branch Manager salary at Annapurna Finance in Indore ranges between ₹3.8 Lakhs to ₹5.0 Lakhs for experience between 8 years to 9 years. According to our estimates it is 60% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Annapurna Finance Indore.

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

The average salary of a Branch Manager at Annapurna Finance is 60% less than the average salary of a Branch Manager in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at Annapurna Finance?

Branch Management, Team Handling, Business Loan, Sales and Branch Operations are some of the popular skills required to work as a Branch Manager at Annapurna Finance Indore.

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

SMFG India Credit Branch Manager Salary - ₹6.6 Lakhs to ₹14.0 Lakhs per year
Equitas Small Finance Bank Branch Manager Salary - ₹3.5 Lakhs to ₹13.5 Lakhs per year
Jana Small Finance Bank Branch Manager Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year
Bajaj Finance Branch Manager Salary - ₹6.4 Lakhs to ₹7.2 Lakhs per year
Mahindra Finance Branch Manager Salary - ₹3.5 Lakhs to ₹6.7 Lakhs per year

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

Shriram Finance Branch Manager Salary - ₹2.9 Lakhs to ₹7.0 Lakhs per year
Veritas Finance Branch Manager Salary - ₹4.3 Lakhs to ₹5.0 Lakhs per year
SK Finance Limited Branch Manager Salary - ₹3.6 Lakhs to ₹5.5 Lakhs per year
Satin Creditcare Network Branch Manager Salary - ₹3.3 Lakhs to ₹3.6 Lakhs per year

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 ranges between ₹33,050 per month to ₹34,318 per month in Indore. The take-home salary calculation is based on the average Annapurna Finance Branch Manager salary in India which ranges between ₹3.8 Lakhs to ₹5.0 Lakhs per year for employees with experience between 8 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Annapurna Finance Branch Managers in Indore reported a notice period of 1 Month, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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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.