Annapurna Finance Branch Manager Salaries by 70+ Employees (Updated 2024)

4 - 9 years exp.

₹2 Lakhs - ₹6 Lakhs

Salary of majority employees

53% less than the average Branch Manager Salary in NBFC Companies for 4 - 9 years of experience

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Last Updated: 15 Nov 2024

Companies similar to Annapurna Finance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Branch Manager Salary 2 - 16 years exp. (630 salaries)	₹1.3 L/yr - ₹6.3 L/yr 4% less	2 job openings
Bajaj Finance Branch Manager Salary 4 - 12 years exp. (116 salaries)	₹2.9 L/yr - ₹8.2 L/yr 38% more	3 job openings
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Mahindra Finance Branch Manager Salary 3 - 14 years exp. (165 salaries)	₹1.9 L/yr - ₹9.1 L/yr 24% more	1 job opening
Shriram Finance Branch Manager Salary 4 - 14 years exp. (264 salaries)	₹2.4 L/yr - ₹9 L/yr 17% more
L&T Finance Branch Manager Salary 3 - 9 years exp. (222 salaries)	₹2.2 L/yr - ₹6 L/yr 4% more
IIFL Finance Branch Manager Salary 2 - 16 years exp. (1.1k salaries)	₹2.2 L/yr - ₹8 L/yr 26% more	2 job openings
AU Small Finance Bank Branch Manager Salary 3 - 18 years exp. (433 salaries)	₹3.2 L/yr - ₹18.4 L/yr 147% more
Muthoot Finance Branch Manager Salary 2 - 18 years exp. (541 salaries)	₹1.8 L/yr - ₹7.5 L/yr 17% more	1 job opening
HDB Financial Services Branch Manager Salary 5 - 18 years exp. (428 salaries)	₹4.7 L/yr - ₹14 L/yr 113% more	5 job openings
Jana Small Finance Bank Branch Manager Salary 6 - 16 years exp. (265 salaries)	₹3.8 L/yr - ₹14.5 L/yr 99% more	2 job openings
Equitas Small Finance Bank Branch Manager Salary 5 - 16 years exp. (254 salaries)	₹3.6 L/yr - ₹14 L/yr 92% more
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SMFG India Credit Branch Manager Salary 7 - 18 years exp. (185 salaries)	₹3.9 L/yr - ₹15 L/yr 104% more
Satin Creditcare Network Branch Manager Salary 3 - 10 years exp. (172 salaries)	₹2.2 L/yr - ₹5 L/yr 16% less	1 job opening
Fusion Microfinance Branch Manager Salary 2 - 12 years exp. (180 salaries)	₹2 L/yr - ₹8.2 L/yr 11% more
Manappuram Finance Branch Manager Salary 1 - 8 years exp. (220 salaries)	₹1.8 L/yr - ₹6 L/yr 9% less
CreditAccess Grameen Branch Manager Salary 5 - 12 years exp. (159 salaries)	₹1.9 L/yr - ₹7 L/yr 6% less
Muthoot Microfin Branch Manager Salary 1 - 11 years exp. (105 salaries)	₹2 L/yr - ₹4.5 L/yr 20% less
Cholamandalam Investment & Finance Branch Manager Salary 5 - 12 years exp. (69 salaries)	₹2.8 L/yr - ₹8.9 L/yr 46% more
IDFC FIRST Bharat Branch Manager Salary 4 - 12 years exp. (122 salaries)	₹2.5 L/yr - ₹8.6 L/yr 27% more
Spandana Sphoorty Financial Branch Manager Salary 2 - 6 years exp. (148 salaries)	₹1.1 L/yr - ₹6.1 L/yr 15% less

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Branch Manager salary at Annapurna Finance ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 79 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Branch Manager salaries

Last Updated: 15 Nov 2024

Experience	Avg Annual Salary
4 years (9 salaries)	₹2.5 L/yr - ₹4.5 L/yr
5 years (20 salaries)	₹2.5 L/yr - ₹5.8 L/yr
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6 years (12 salaries)	₹2.6 L/yr - ₹5.8 L/yr
7 years (20 salaries)	₹2.3 L/yr - ₹6 L/yr
8 years (12 salaries)	₹2 L/yr - ₹5.6 L/yr
9 years (6 salaries)	₹2.9 L/yr - ₹5.8 L/yr

View all

Similar Designation salaries in Annapurna Finance

Area Manager Salary

(38 salaries)

₹4.7 L/yr - ₹10.03 L/yr

Credit Manager Salary

(215 salaries)

₹2.65 L/yr - ₹7.2 L/yr

Sales Manager Salary

(4 salaries)

₹2.5 L/yr - ₹3.28 L/yr

Branch Incharge Salary

(10 salaries)

₹1.9 L/yr - ₹4 L/yr

Branch Head Salary

(4 salaries)

₹2.45 L/yr - ₹3.8 L/yr

Deputy Manager Salary

(134 salaries)

₹2.15 L/yr - ₹7 L/yr

Branch Sales Manager Salary

(3 salaries)

₹3 L/yr - ₹4.3 L/yr

Senior Branch Manager Salary

(14 salaries)

₹3 L/yr - ₹6.2 L/yr

Deputy Branch Manager Salary

(4 salaries)

₹2.8 L/yr - ₹3.33 L/yr

Cluster Manager Salary

(14 salaries)

₹5 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

3.9

Rated by 17 employees for salary & benefits

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.

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.

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Salary Discussions, Hike & Promotions

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 Salary FAQs

What is the salary of Branch Manager at Annapurna Finance?

Branch Manager salary at Annapurna Finance in India ranges between ₹2.0 Lakhs to ₹6.0 Lakhs for experience between 4 years to 9 years. According to our estimates it is 53% less than the average Branch Manager Salary in India. Salary estimates are based on 79 latest salaries received from various employees of Annapurna Finance India.

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

The average salary of a Branch Manager at Annapurna Finance is 53% less than the average salary of a Branch Manager in India. 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 India.

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

AU Small Finance Bank Branch Manager Salary - ₹3.2 Lakhs to ₹18.4 Lakhs per year
HDB Financial Services Branch Manager Salary - ₹4.7 Lakhs to ₹14.0 Lakhs per year
SMFG India Credit Branch Manager Salary - ₹3.9 Lakhs to ₹15.0 Lakhs per year
Jana Small Finance Bank Branch Manager Salary - ₹3.8 Lakhs to ₹14.5 Lakhs per year
Equitas Small Finance Bank Branch Manager Salary - ₹3.6 Lakhs to ₹14.0 Lakhs per year

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

TVS Credit Branch Manager Salary - ₹3.0 Lakhs to ₹13.2 Lakhs per year
Ujjivan Financial Services Branch Manager Salary - ₹3.3 Lakhs to ₹9.5 Lakhs per year
Piramal Capital Housing Finance Branch Manager Salary - ₹3.4 Lakhs to ₹10.0 Lakhs per year
Cholamandalam Investment & Finance Branch Manager Salary - ₹2.8 Lakhs to ₹8.9 Lakhs per year
Bajaj Finance Branch Manager Salary - ₹2.9 Lakhs to ₹8.2 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Annapurna Finance ranges between ₹31,804 per month to ₹33,091 per month in India. The take-home salary calculation is based on the average Annapurna Finance Branch Manager salary in India which ranges between ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 37% of the Annapurna Finance Branch Managers reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Annapurna Finance Branch Manager Salaries

Annapurna Finance Branch Manager salary in India ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 79 Annapurna Finance latest salaries received from various employees of Annapurna Finance.