Annapurna Finance State Head Salaries by 7 Employees

9 - 14 years exp.

₹8.3 Lakhs - ₹17.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average State Head Salary in NBFC Companies for 9 - 14 years of experience

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Salaries in different departments

Customer Success, Service & Operations State Head Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹17.5 L/yr
Marketing & Communication State Head Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹15.3 L/yr
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Sales & Business Development State Head Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹12.1 L/yr - ₹17.3 L/yr

Last Updated: 16 Aug 2023

Companies similar to Annapurna Finance for State Head

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers State Head Salary 11 - 19 years exp. (42 salaries)	₹8.8 L/yr - ₹23.4 L/yr 2% more	1 job opening
Tata Motors Finance State Head Salary 8 - 23 years exp. (28 salaries)	₹6.7 L/yr - ₹24 L/yr 3% more
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SMFG India Credit State Head Salary 12 - 23 years exp. (23 salaries)	₹11.5 L/yr - ₹28.2 L/yr 25% more
Tata Capital State Head Salary 11 - 23 years exp. (19 salaries)	₹8 L/yr - ₹25 L/yr 16% more
Shriram Finance State Head Salary 11 - 27 years exp. (14 salaries)	₹8 L/yr - ₹29 L/yr 27% more
Bharat Financial Inclusion State Head Salary 5 - 18 years exp. (9 salaries)	₹10.2 L/yr - ₹26.9 L/yr 22% more
TVS Credit State Head Salary 7 - 21 years exp. (7 salaries)	₹9 L/yr - ₹16.3 L/yr 27% less
Muthoot Fincorp State Head Salary 12 - 19 years exp. (6 salaries)	₹10.4 L/yr - ₹20.5 L/yr 4% more
Svatantra Microfin State Head Salary 13 - 19 years exp. (6 salaries)	₹21 L/yr - ₹25 L/yr 50% more
Aye Finance State Head Salary 11 - 16 years exp. (6 salaries)	₹6.5 L/yr - ₹12 L/yr 36% less	3 job openings
Muthoot Finance State Head Salary 15 - 20 years exp. (6 salaries)	₹12 L/yr - ₹20 L/yr 11% more
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IIFL Finance State Head Salary 7 - 13 years exp. (5 salaries)	₹12 L/yr - ₹13.5 L/yr 12% less
Manappuram Finance State Head Salary 15 - 20 years exp. (5 salaries)	₹13.2 L/yr - ₹15 L/yr 9% less
Chaitanya India Fin Credit State Head Salary 6 - 17 years exp. (5 salaries)	₹12 L/yr - ₹18 L/yr 2% more
CreditAccess Grameen State Head Salary 13 - 16 years exp. (5 salaries)	₹19.5 L/yr - ₹31 L/yr 58% more
Bajaj Finance State Head Salary 12 - 14 years exp. (5 salaries)	₹16.6 L/yr - ₹23.5 L/yr 28% more
HDB Financial Services State Head Salary 8 - 20 years exp. (5 salaries)	₹11.7 L/yr - ₹25 L/yr 5% less
Mahindra Finance State Head Salary 14 - 17 years exp. (4 salaries)	₹13.8 L/yr - ₹15.5 L/yr 8% less
L&T Finance State Head Salary 9 - 21 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 20% more
Satin Creditcare Network State Head Salary 8 - 15 years exp. (3 salaries)	₹9.5 L/yr - ₹10 L/yr 35% less

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State Head salary at Annapurna Finance ranges between ₹8.3 Lakhs to ₹17.5 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance State Head salaries

Last Updated: 16 Aug 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹24.1 L/yr
10 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹24.9 L/yr
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11 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.4 L/yr
12 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹16.9 L/yr
13 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹27.3 L/yr
14 years (3 salaries)	₹12 L/yr - ₹17.5 L/yr

View all

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Salary related reviews for Annapurna Finance

4.0

Rated by 6 employees for salary & benefits

State Head in Patna

BFSI, Investments & Trading Department

5.0

• posted on 12 Nov 2021

5.0

for Salary and Benefits

Likes

... always thinking for staff benifits. Time to time rewards and benifits provided. Appraisal, salary hike every year.

Salary - Excellent

+6 more

Dislikes

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

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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 State Head Salary FAQs

What is the salary of State Head at Annapurna Finance ?

The average salary of a State Head at Annapurna Finance in India typically ranges from ₹8.3 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of State Head at Annapurna Finance earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. State Head 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 7 Annapurna Finance employees in India.

What is the estimated take home salary of a State Head at Annapurna Finance in India?

The estimated take-home salary of a State Head at Annapurna Finance in India typically ranges from ₹1,04,626 to ₹1,07,497 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 9 years to 14 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 7 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 State Head in India?

Spandana Sphoorty Financial	₹25.0 Lakhs to ₹30.0 Lakhs per year
CreditAccess Grameen	₹19.5 Lakhs to ₹31.0 Lakhs per year
Svatantra Microfin	₹21.0 Lakhs to ₹25.0 Lakhs per year
Bajaj Finance	₹16.6 Lakhs to ₹23.5 Lakhs per year
Shriram Finance	₹8.0 Lakhs to ₹29.0 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 State Head in companies similar to Annapurna Finance in India?

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

SMFG India Credit	₹11.5 Lakhs to ₹28.2 Lakhs per year
Bharat Financial Inclusion	₹10.2 Lakhs to ₹26.9 Lakhs per year
L&T Finance	₹8.5 Lakhs to ₹25.0 Lakhs per year
Tata Capital	₹8.0 Lakhs to ₹25.0 Lakhs per year
Muthoot Finance	₹12.0 Lakhs to ₹20.0 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 State Head at Annapurna Finance in India?

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

Experience	Average Salary Range
9 years	₹8.3 Lakhs to ₹24.1 Lakhs per year
10 years	₹8.3 Lakhs to ₹24.9 Lakhs per year
11 years	₹12.9 Lakhs to ₹16.4 Lakhs per year
12 years	₹13.3 Lakhs to ₹16.9 Lakhs per year

and so on.

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Annapurna Finance State Head Salaries

Annapurna Finance State Head salary in India ranges between ₹8.3 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Annapurna Finance latest salaries received from various employees of Annapurna Finance.