Asirvad Microfinance Branch Manager 1 Salaries by 4 Employees

3 - 7 years exp.

₹3.4 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Branch Manager 1 Salary in NBFC Companies for 3 - 7 years of experience

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Last Updated: 29 May 2024

Companies similar to Asirvad Microfinance for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Branch Manager 1 Salary 2 - 12 years exp. (26 salaries)	₹3.7 L/yr - ₹6.5 L/yr 50% more
Muthoot Fincorp Branch Manager 1 Salary 4 - 15 years exp. (23 salaries)	₹3 L/yr - ₹5 L/yr 26% more
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Muthoot Finance Branch Manager 1 Salary 4 - 11 years exp. (22 salaries)	₹3 L/yr - ₹5.6 L/yr 27% more
Manappuram Finance Branch Manager 1 Salary 2 - 4 years exp. (8 salaries)	₹2.4 L/yr - ₹4.3 L/yr 12% less
Svatantra Microfin Branch Manager 1 Salary 4 - 9 years exp. (7 salaries)	₹2.6 L/yr - ₹4.3 L/yr 1% less
Aye Finance Branch Manager 1 Salary 2 - 11 years exp. (7 salaries)	₹4 L/yr - ₹6.3 L/yr 46% more
IIFL SAMASTA Branch Manager 1 Salary 2 - 7 years exp. (6 salaries)	₹2.6 L/yr - ₹5.6 L/yr 8% more
Spandana Sphoorty Financial Branch Manager 1 Salary 1 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹4.2 L/yr 13% less
Bharat Financial Inclusion Branch Manager 1 Salary 4 - 13 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 4% more
Annapurna Finance Branch Manager 1 Salary 5 - 7 years exp. (5 salaries)	₹2.7 L/yr - ₹3.9 L/yr 3% less
Bajaj Finance Branch Manager 1 Salary 2 - 10 years exp. (5 salaries)	₹3.6 L/yr - ₹6.5 L/yr 51% more
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SMFG India Credit Branch Manager 1 Salary 10 - 16 years exp. (5 salaries)	₹4.2 L/yr - ₹8.4 L/yr 96% more
Satin Creditcare Network Branch Manager 1 Salary 2 - 8 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 4% more
Mahindra Rural Housing Finance Branch Manager 1 Salary 5 - 8 years exp. (4 salaries)	₹4.1 L/yr - ₹6.5 L/yr 26% more
Muthoot Microfin Branch Manager 1 Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 6% less
L&T Finance Branch Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 20% more
CreditAccess Grameen Branch Manager 1 Salary 6 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹8.6 L/yr 43% more
Fusion Microfinance Branch Manager 1 Salary 3 - 7 years exp. (3 salaries)	₹2.9 L/yr - ₹4 L/yr 3% more
HDB Financial Services Branch Manager 1 Salary 3 - 6 years exp. (3 salaries)	₹6.1 L/yr - ₹8.5 L/yr 138% more

Branch Manager 1 salary at Asirvad Microfinance ranges between ₹3.4 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Asirvad Microfinance.

Experience wise Asirvad Microfinance Branch Manager 1 salaries

Last Updated: 29 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

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Salary related reviews for Asirvad Microfinance

Branch Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

1.0

• posted on 22 Dec 2023

1.0

for Salary and Benefits

Likes

No any like for employees Worest behavior our head office employees

Dislikes

Iam resign thise company 6 months back Reliving purpose 3 months salary paid 48000 Till now 6 months complete Not issue my reliving Very worest company Asirvad

Salary - Bad

+6 more

Branch Manager in Rajahmundry

Sales & Business Development Department

3.0

• posted on 05 Dec 2019

3.0

for Salary and Benefits

Likes

Training and induction is very clear about company salary is very vell in industry files process making is very slow and aproval matrix is very though

Dislikes

files aprovals is asking end use and after disbursement audit check on end use this is the wrong way on my openion

Field Development Officer in Melaghar

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Dec 2024

5.0

for Salary and Benefits

Likes

Just Good Salary .. Nothing Else...Toxic Culture Of Office

Salary - Excellent

Dislikes

You Should Focus More On Your Employee Co They Also Have Emotions They Also Have family They R Human Not Robot.... Office hour Is Totally Unsatisfied...it Should Be Start From 8am

Skill development - Bad

+4 more

Assistant Branch Head in Amta

Full Time

Finance & Accounting Department

1.0

• posted on 20 Dec 2021

2.0

for Salary and Benefits

Likes

Job security and career growth good.Work culture not soo good.management and company policy very poor.

Job security - Good

+1 more

Dislikes

...authority is not good and lot of politics.Management doesn't address our issues.Lot of work pressure but low salary.

Salary - Poor

+3 more

Field Executive in Kusumgram, West Bengal

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 25 Jan 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...d the whole management seat in office and they just send message Speed up team. If you did any mistake then your salary will be hold first.

Salary - Bad

+6 more

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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Asirvad Microfinance Branch Manager 1 Salary FAQs

What is the salary of Branch Manager 1 at Asirvad Microfinance ?

The average salary of a Branch Manager 1 at Asirvad Microfinance in India typically ranges from ₹3.4 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Branch Manager 1 at Asirvad Microfinance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Branch Manager 1 Salaries at Asirvad Microfinance 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 4 Asirvad Microfinance employees in India.

What is the estimated take home salary of a Branch Manager 1 at Asirvad Microfinance in India?

The estimated take-home salary of a Branch Manager 1 at Asirvad Microfinance in India typically ranges from ₹25,113 to ₹26,550 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 3 years to 7 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 4 salaries received from various employees of Asirvad Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Asirvad Microfinance for Branch Manager 1 in India?

HDB Financial Services	₹6.1 Lakhs to ₹8.5 Lakhs per year
SMFG India Credit	₹4.2 Lakhs to ₹8.4 Lakhs per year
Bajaj Finance	₹3.6 Lakhs to ₹6.5 Lakhs per year
IIFL Finance	₹3.7 Lakhs to ₹6.5 Lakhs per year
Aye Finance	₹4.0 Lakhs to ₹6.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Asirvad Microfinance, depending on the role and experience level.

What is the salary of a Branch Manager 1 in companies similar to Asirvad Microfinance in India?

The salary of a Branch Manager 1 at companies similar to Asirvad Microfinance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CreditAccess Grameen	₹3.6 Lakhs to ₹8.6 Lakhs per year
Muthoot Finance	₹3.0 Lakhs to ₹5.6 Lakhs per year
Mahindra Rural Housing Finance	₹4.1 Lakhs to ₹6.5 Lakhs per year
Muthoot Fincorp	₹3.0 Lakhs to ₹5.0 Lakhs per year
L&T Finance	₹3.5 Lakhs to ₹4.8 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 1 at Asirvad Microfinance in India?

The salary growth for a Branch Manager 1 at Asirvad Microfinance depends on factors such as experience, performance, and promotions. On average, a Branch Manager 1 can expect the following growth trajectory at Asirvad Microfinance:

Experience	Average Salary Range
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
6 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
7 years	₹3.1 Lakhs to ₹3.9 Lakhs per year

and so on.

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Asirvad Microfinance Branch Manager 1 Salaries

Asirvad Microfinance Branch Manager 1 salary in India ranges between ₹3.4 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Asirvad Microfinance latest salaries received from various employees of Asirvad Microfinance.