Annapurna Finance Senior Area Manager Salaries by 6 Employees

3 - 17 years exp.

₹8 Lakhs - ₹8.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

38% less than the average Senior Area Manager Salary in NBFC Companies for 3 - 17 years of experience

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Salaries in different departments

Sales & Business Development Senior Area Manager Salary 3 - 17 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹8.4 L/yr
BFSI, Investments & Trading Senior Area Manager Salary 4 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.1 L/yr
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Customer Success, Service & Operations Senior Area Manager Salary 7 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.1 L/yr

Last Updated: 25 Jan 2024

Companies similar to Annapurna Finance for Senior Area Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Area Manager Salary 6 - 14 years exp. (177 salaries)	₹7.1 L/yr - ₹18.7 L/yr 64% more	2 job openings
Muthoot Fincorp Senior Area Manager Salary 11 - 19 years exp. (36 salaries)	₹6 L/yr - ₹11 L/yr 10% more
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Fusion Microfinance Senior Area Manager Salary 6 - 13 years exp. (31 salaries)	₹4.8 L/yr - ₹6.7 L/yr 30% less
Veritas Finance Senior Area Manager Salary 11 - 15 years exp. (7 salaries)	₹7 L/yr - ₹12 L/yr 21% more
Muthoot Microfin Senior Area Manager Salary 6 - 9 years exp. (6 salaries)	₹5 L/yr - ₹5.6 L/yr 36% less
L&T Finance Senior Area Manager Salary 8 - 12 years exp. (5 salaries)	₹7 L/yr - ₹17.8 L/yr 50% more
Svatantra Microfin Senior Area Manager Salary 9 - 14 years exp. (4 salaries)	₹6.3 L/yr - ₹8 L/yr 17% less
TVS Credit Senior Area Manager Salary 10 - 18 years exp. (4 salaries)	₹4 L/yr - ₹33 L/yr 90% more
CreditAccess Grameen Senior Area Manager Salary 6 - 16 years exp. (4 salaries)	₹3.9 L/yr - ₹8.7 L/yr 27% less
Spandana Sphoorty Financial Senior Area Manager Salary 9 - 10 years exp. (3 salaries)	₹7.3 L/yr - ₹10.3 L/yr 1% more
Shriram Finance Senior Area Manager Salary 2 - 15 years exp. (3 salaries)	₹3.4 L/yr - ₹7.5 L/yr 28% less
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HDB Financial Services Senior Area Manager Salary 8 - 12 years exp. (3 salaries)	₹13.5 L/yr - ₹17.5 L/yr 83% more

Senior Area Manager salary at Annapurna Finance ranges between ₹8 Lakhs to ₹8.4 Lakhs per year for employees with experience between 3 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Senior Area Manager salaries

Last Updated: 25 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹8.4 L/yr
4 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹8.4 L/yr
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5 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
6 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹15 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.3 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
9 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
11 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
13 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
14 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
15+ years (AmbitionBox Estimate)	₹8 L/yr - ₹14.5 L/yr

View all

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Salary related reviews for Annapurna Finance

4.6

Rated by 3 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.

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

Area Business Manager in Raipur

Business Operations Department

1.0

• posted on 10 Mar 2022

1.0

for Salary and Benefits

Likes

Nothing, seniors are full of shit, all are bootlicker and expect the same from juniors. Everything seems fishy here. Need a strong surprise audit of all past 5 year transactions by the company from regulatory bodies on all level.

Dislikes

They think work culture is a joke, they don't think about employees. Un necessary deductions from salary. Senior Management is Highly biased towards employees belongs to other than Orissa state. They even forge the Great place to work database to get good ratings.

Salary - Bad

+6 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

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

Management Associate in Bhubaneswar

Full Time

Quality Assurance Department

1.0

• posted on 25 Aug 2024

1.0

for Salary and Benefits

Likes

On time salary.

Dislikes

Behaviour of HOD's. Some HOD's have no vision they are very much confused what to do and don't have proper knowledge. No Work life balance. Some times you have to seat beyond working hours just for oil polishing to bosses.

Salary - Bad

+6 more

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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 Senior Area Manager Salary FAQs

What is the salary of Senior Area Manager at Annapurna Finance ?

The average salary of a Senior Area Manager at Annapurna Finance in India typically ranges from ₹8.0 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 3 years to 17 years).

The top 10% of Senior Area Manager at Annapurna Finance earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Senior Area 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 6 Annapurna Finance employees in India.

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

The estimated take-home salary of a Senior Area Manager at Annapurna Finance in India typically ranges from ₹60,351 to ₹61,878 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 3 years to 17 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 6 salaries received from various employees of Annapurna Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

TVS Credit	₹4.0 Lakhs to ₹33.0 Lakhs per year
HDB Financial Services	₹13.5 Lakhs to ₹17.5 Lakhs per year
Bajaj Finance	₹7.1 Lakhs to ₹18.7 Lakhs per year
L&T Finance	₹7.0 Lakhs to ₹17.8 Lakhs per year
Veritas Finance	₹7.0 Lakhs to ₹12.0 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 Senior Area Manager in companies similar to Annapurna Finance in India?

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

Muthoot Fincorp	₹6.0 Lakhs to ₹11.0 Lakhs per year
Spandana Sphoorty Financial	₹7.3 Lakhs to ₹10.3 Lakhs per year
Svatantra Microfin	₹6.3 Lakhs to ₹8.0 Lakhs per year
CreditAccess Grameen	₹3.9 Lakhs to ₹8.7 Lakhs per year
Shriram Finance	₹3.4 Lakhs to ₹7.5 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 Senior Area Manager at Annapurna Finance in India?

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

Experience	Average Salary Range
3 years	₹8.4 Lakhs to ₹8.4 Lakhs per year
4 years	₹8.3 Lakhs to ₹8.4 Lakhs per year
5 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
6 years	₹8.3 Lakhs to ₹15.0 Lakhs per year

and so on.

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Annapurna Finance Senior Area Manager Salaries

Annapurna Finance Senior Area Manager salary in India ranges between ₹8 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Annapurna Finance latest salaries received from various employees of Annapurna Finance.