Annapurna Finance Kolkata Branch Manager Salaries by 5 Employees

4 - 8 years exp.

₹2.1 Lakhs - ₹4.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

65% less than the average Branch Manager Salary in NBFC Companies for 4 - 8 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations Branch Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.1 L/yr
BFSI, Investments & Trading Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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Finance & Accounting Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

Last Updated: 16 May 2024

Companies similar to Annapurna Finance for Branch Manager in Kolkata

Annapurna Finance Branch Manager Salary

4 - 8 years exp. (5 salaries)

₹2.1 L/yr - ₹4.8 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Branch Manager Salary 2 - 16 years exp. (139 salaries)	₹2.4 L/yr - ₹7.8 L/yr 49% more
Muthoot Fincorp Branch Manager Salary 2 - 13 years exp. (54 salaries)	₹2.3 L/yr - ₹5.3 L/yr 18% more	1 job opening
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Manappuram Finance Branch Manager Salary 2 - 9 years exp. (16 salaries)	₹2.2 L/yr - ₹6 L/yr 12% more
Bharat Financial Inclusion Branch Manager Salary 3 - 11 years exp. (14 salaries)	₹2.6 L/yr - ₹5 L/yr 4% more
Arohan Financial Services Branch Manager Salary 3 - 9 years exp. (9 salaries)	₹2.2 L/yr - ₹5.7 L/yr 6% less
Asirvad Microfinance Branch Manager Salary 1 - 6 years exp. (6 salaries)	₹1.9 L/yr - ₹3.5 L/yr 19% less
Spandana Sphoorty Financial Branch Manager Salary 2 - 7 years exp. (6 salaries)	₹2.8 L/yr - ₹4.2 L/yr 1% more
CreditAccess Grameen Branch Manager Salary 7 - 10 years exp. (6 salaries)	₹3.2 L/yr - ₹3.8 L/yr 3% less	1 job opening
Mahindra Finance Branch Manager Salary 6 - 10 years exp. (5 salaries)	₹4.8 L/yr - ₹6 L/yr 51% more
Muthoot Microfin Branch Manager Salary 3 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr 24% less
SMFG India Credit Branch Manager Salary 11 - 18 years exp. (5 salaries)	₹7 L/yr - ₹14.5 L/yr 153% more	5 job openings
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Satin Creditcare Network Branch Manager Salary 7 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 4% less
Aye Finance Branch Manager Salary 7 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹6 L/yr 36% more

Branch Manager salary at Annapurna Finance ranges between ₹2.1 Lakhs to ₹4.8 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Branch Manager salaries in Kolkata

Last Updated: 16 May 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr
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6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 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.

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

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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

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Sales Executive in Sillod

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• posted on 30 Jan 2020

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for Salary and Benefits

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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

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 Branch Manager Salary FAQs

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

The average salary of a Branch Manager at Annapurna Finance in Kolkata typically ranges from ₹2.1 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Branch Manager in Kolkata at Annapurna Finance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 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 5 Annapurna Finance employees in India.

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

The estimated take-home salary of a Branch Manager at Annapurna Finance in Kolkata typically ranges from ₹27,726 to ₹29,124 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 4 years to 8 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 5 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 Kolkata?

To be a Branch Manager at Annapurna Finance in Kolkata, 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	₹7.0 Lakhs to ₹14.5 Lakhs per year
Mahindra Finance	₹4.8 Lakhs to ₹6.0 Lakhs per year
IIFL Finance	₹2.4 Lakhs to ₹7.8 Lakhs per year
Aye Finance	₹4.5 Lakhs to ₹6.0 Lakhs per year
Muthoot Fincorp	₹2.3 Lakhs to ₹5.3 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 Kolkata?

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

Manappuram Finance	₹2.2 Lakhs to ₹6.0 Lakhs per year
Bharat Financial Inclusion	₹2.6 Lakhs to ₹5.0 Lakhs per year
Spandana Sphoorty Financial	₹2.8 Lakhs to ₹4.2 Lakhs per year
CreditAccess Grameen	₹3.2 Lakhs to ₹3.8 Lakhs per year
Satin Creditcare Network	₹3.2 Lakhs to ₹4.0 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 Kolkata?

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

Experience	Average Salary Range
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.2 Lakhs per year
6 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
7 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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Annapurna Finance Branch Manager Salaries in Kolkata

Annapurna Finance Branch Manager salary in Kolkata ranges between ₹2.1 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Annapurna Finance latest salaries received from various employees of Annapurna Finance.