Avanse Financial Services Assistant Manager-Banking Salaries by 4 Employees

5 - 9 years exp.

₹4.4 Lakhs - ₹7.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% less than the average Assistant Manager-Banking Salary in Financial Services Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager-Banking Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹4.8 L/yr
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Customer Success, Service & Operations Assistant Manager-Banking Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹7.3 L/yr

Last Updated: 16 Feb 2024

Companies similar to Avanse Financial Services for Assistant Manager-Banking

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Manager-Banking Salary 1 - 4 years exp. (14 salaries)	₹2.8 L/yr - ₹4.5 L/yr 27% less
HDFC Bank Assistant Manager-Banking Salary 2 - 6 years exp. (13 salaries)	₹2.6 L/yr - ₹4.4 L/yr 34% less
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ICICI Bank Assistant Manager-Banking Salary 1 - 5 years exp. (9 salaries)	₹2.8 L/yr - ₹4.1 L/yr 33% less
CSB Bank Assistant Manager-Banking Salary 9 - 13 years exp. (7 salaries)	₹8.4 L/yr - ₹12.3 L/yr 83% more
Federal Bank Assistant Manager-Banking Salary 4 - 5 years exp. (6 salaries)	₹9 L/yr - ₹15 L/yr 118% more

Assistant Manager-Banking salary at Avanse Financial Services ranges between ₹4.4 Lakhs to ₹7.3 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Assistant Manager-Banking salaries

Last Updated: 16 Feb 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr

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Salary related reviews for Avanse Financial Services

Credit Executive in Chennai

Full Time

Other Department

5.0

• posted on 27 Apr 2022

5.0

for Salary and Benefits

Likes

Avanse Financial Services Ltd is very good work environment and culture teammates and colliques are so supportive to me and the management is transparent. Company policies are good.

Salary - Excellent

+6 more

Dislikes

Really a good company.. Learn lot of things in the company. Salary is decent I have 1.5 years experience in the company

Branch Sales Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 16 Apr 2021

5.0

for Salary and Benefits

Likes

Company take care of every aspect of the employee. During covid most of the company was deducting the salary but our company was giving the additional payment. Like leave inchasment and incentive. During customer company has taken care of every employee. Being a sales driven company still company is working roster..

Salary - Excellent

+6 more

Senior Graphic Designer in Mumbai

Full Time

Marketing & Communication Department

4.0

• posted on 29 Jul 2023

4.0

for Salary and Benefits

Likes

Good company as the director don't create pressure of work but is very flexible minded person, received salary on time.

Salary - Good

+2 more

Dislikes

The only thing that I don't like is they don't have off even for days like rakhi aur bhai duj or any other Indian festivals.

Skill development - Bad

+2 more

Management Trainee in Mumbai

Full Time

Risk Management & Compliance Department

1.0

• posted on 17 Jul 2023

2.0

for Salary and Benefits

Likes

Salary and employee benefits are good in terms with the market trends

Dislikes

There is no work life balance. Managers are extremely aggressive and it is expected to work overtime and on weekends. There is no training or guidance from the seniors and the attrition rate is very high due to which there is no stability. The HR does not take cognizance of employees issues.

Salary - Poor

+6 more

Deputy Manager in Andheri

Customer Success, Service & Operations Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

There should be something to like inorder to answer this question. Shit place to work

Dislikes

...too. Systems are not mature enough. Maximum work is manual. Management is baise. Only pay comes on time

Salary - Bad

+6 more

see more salary related reviews

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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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Avanse Financial Services Assistant Manager-Banking Salary FAQs

What is the salary of Assistant Manager-Banking at Avanse Financial Services ?

The average salary of a Assistant Manager-Banking at Avanse Financial Services in India typically ranges from ₹4.4 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Assistant Manager-Banking at Avanse Financial Services earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹7.3 Lakhs per year. Assistant Manager-Banking Salaries at Avanse Financial Services 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 Avanse Financial Services employees in India.

What is the estimated take home salary of a Assistant Manager-Banking at Avanse Financial Services in India?

The estimated take-home salary of a Assistant Manager-Banking at Avanse Financial Services in India typically ranges from ₹40,717 to ₹41,871 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 5 years to 9 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 Avanse Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Avanse Financial Services for Assistant Manager-Banking in India?

Federal Bank	₹9.0 Lakhs to ₹15.0 Lakhs per year
CSB Bank	₹8.4 Lakhs to ₹12.3 Lakhs per year

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

What is the salary of a Assistant Manager-Banking in companies similar to Avanse Financial Services in India?

The salary of a Assistant Manager-Banking at companies similar to Avanse Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹2.8 Lakhs to ₹4.5 Lakhs per year
ICICI Bank	₹2.8 Lakhs to ₹4.1 Lakhs per year
HDFC Bank	₹2.6 Lakhs to ₹4.4 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 Assistant Manager-Banking at Avanse Financial Services in India?

The salary growth for a Assistant Manager-Banking at Avanse Financial Services depends on factors such as experience, performance, and promotions. On average, a Assistant Manager-Banking can expect the following growth trajectory at Avanse Financial Services:

Experience	Average Salary Range
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
8 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
9 years	₹6.6 Lakhs to ₹8.4 Lakhs per year

and so on.

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Avanse Financial Services Assistant Manager-Banking Salaries

Avanse Financial Services Assistant Manager-Banking salary in India ranges between ₹4.4 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.