Avanse Financial Services Channel Manager Salaries by 4 Employees (Updated 2024)

1 - 8 years exp.

₹5.8 Lakhs - ₹7.6 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Channel Manager Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

Marketing & Communication Channel Manager Salary 1 - 3 years exp. (3 salaries)	₹5.2 L/yr - ₹6.3 L/yr
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Sales & Business Development Channel Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 14 Mar 2023

Companies similar to Avanse Financial Services for Channel Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Channel Manager Salary 1 - 11 years exp. (56 salaries)	₹4.4 L/yr - ₹14.5 L/yr 35% more
ICICI Bank Channel Manager Salary 2 - 21 years exp. (15 salaries)	₹7.3 L/yr - ₹25 L/yr 127% more
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Kotak Mahindra Bank Channel Manager Salary 0 - 14 years exp. (6 salaries)	₹4.6 L/yr - ₹11.8 L/yr 53% more
Reliance Capital Channel Manager Salary 10 - 13 years exp. (5 salaries)	₹4.5 L/yr - ₹5.8 L/yr 25% less
Aditya Birla Capital Channel Manager Salary 2 - 8 years exp. (5 salaries)	₹6.5 L/yr - ₹10 L/yr 20% more
L&T Finance Channel Manager Salary 8 - 12 years exp. (3 salaries)	₹10.5 L/yr - ₹13 L/yr 75% more
HDFC Credila Financial Services Channel Manager Salary 5 - 8 years exp. (4 salaries)	₹5.5 L/yr - ₹10 L/yr 18% more

Channel Manager salary at Avanse Financial Services ranges between ₹5.8 Lakhs to ₹7.6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Channel Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.8 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹5.8 L/yr
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3 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹10.7 L/yr
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.9 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.9 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.6 L/yr

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Similar Designation salaries in Avanse Financial Services

Branch Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Sales Manager Salary

(26 salaries)

₹3.75 L/yr - ₹12 L/yr

Regional Manager Salary

(3 salaries)

₹8.1 L/yr - ₹18 L/yr

Deputy Manager Salary

(53 salaries)

₹4.8 L/yr - ₹10.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹10.2 L/yr - ₹13 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Sales Officer Salary

(4 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Relationship Manager Salary

(12 salaries)

₹2.5 L/yr - ₹7 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Assistant Sales Manager Salary

(6 salaries)

₹4.05 L/yr - ₹6.5 L/yr

Salary related reviews for Avanse Financial Services

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

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.

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.

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.

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.

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..

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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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Avanse Financial Services Channel Manager Salary FAQs

What is the salary of Channel Manager at Avanse Financial Services?

Channel Manager salary at Avanse Financial Services in India ranges between ₹5.8 Lakhs to ₹7.6 Lakhs for experience between 1 years to 8 years. According to our estimates it is 18% less than the average Channel Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Avanse Financial Services India.

How does the salary of a Channel Manager at Avanse Financial Services India compare with the average salary range for this job?

The average salary of a Channel Manager at Avanse Financial Services is 18% less than the average salary of a Channel Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Avanse Financial Services to a Channel Manager in India?

ICICI Bank Channel Manager Salary - ₹7.3 Lakhs to ₹25.0 Lakhs per year
L&T Finance Channel Manager Salary - ₹10.5 Lakhs to ₹13.0 Lakhs per year
Kotak Mahindra Bank Channel Manager Salary - ₹4.6 Lakhs to ₹11.8 Lakhs per year
HDFC Bank Channel Manager Salary - ₹4.4 Lakhs to ₹14.5 Lakhs per year
Aditya Birla Capital Channel Manager Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year

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

HDFC Credila Financial Services Channel Manager Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
Reliance Capital Channel Manager Salary - ₹4.5 Lakhs to ₹5.8 Lakhs per year

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

The estimated take-home salary of a Channel Manager at Avanse Financial Services ranges between ₹49,494 per month to ₹50,663 per month in India. The take-home salary calculation is based on the average Avanse Financial Services Channel Manager salary in India which ranges between ₹5.8 Lakhs to ₹7.6 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Channel Manager at Avanse Financial Services?

According to AmbitionBox, 100% of the Avanse Financial Services Channel Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Avanse Financial Services Channel Manager Salaries

Avanse Financial Services Channel Manager salary in India ranges between ₹5.8 Lakhs to ₹7.6 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.