Avanse Financial Services Mumbai Manager Salaries by 10+ Employees (Updated 2025)

4 - 15 years exp.

₹7.5 Lakhs - ₹19 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

17% less than the average Manager Salary in Financial Services Companies for 4 - 15 years of experience

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Salaries in different departments

Sales & Business Development Manager Salary 4 - 15 years exp. (4 salaries)	₹10 L/yr - ₹12.9 L/yr
BFSI, Investments & Trading Manager Salary 7 - 13 years exp. (3 salaries)	₹7.5 L/yr - ₹12.8 L/yr
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Engineering - Software & QA Manager Salary 8 - 12 years exp. (3 salaries)	₹16.7 L/yr - ₹19 L/yr
Product Management Manager Salary 5 - 7 years exp. (3 salaries)	₹11.5 L/yr - ₹18 L/yr
Customer Success, Service & Operations Manager Salary 4 years exp. (AmbitionBox Estimate)	₹12.3 L/yr - ₹16 L/yr

View all

Last Updated: 11 Feb 2025

Companies similar to Avanse Financial Services for Manager in Mumbai

Avanse Financial Services Manager Salary

4 - 15 years exp. (15 salaries)

₹7.5 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
State Street Syntel Manager Salary 9 - 21 years exp. (21 salaries)	₹7.6 L/yr - ₹17.5 L/yr 6% less
Travelex Manager Salary 6 - 14 years exp. (16 salaries)	₹15 L/yr - ₹28.4 L/yr 47% more
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CareEdge Ratings Manager Salary 5 - 11 years exp. (13 salaries)	₹10 L/yr - ₹16 L/yr 10% less
HDFC Credila Financial Services Manager Salary 4 - 9 years exp. (10 salaries)	₹7 L/yr - ₹20 L/yr 7% less
Fisdom Manager Salary 3 - 15 years exp. (8 salaries)	₹6 L/yr - ₹9.5 L/yr 43% less
5paisa Capital Ltd. Manager Salary 8 - 18 years exp. (6 salaries)	₹6 L/yr - ₹12.8 L/yr 9% less
Home First Finance Company India Manager Salary 3 - 9 years exp. (6 salaries)	₹12.4 L/yr - ₹17 L/yr 4% less
Groww Manager Salary 3 - 7 years exp. (6 salaries)	₹10.6 L/yr - ₹20 L/yr 41% more
Samunnati Financial Intermediation and Services Manager Salary 2 - 11 years exp. (4 salaries)	₹9 L/yr - ₹11.2 L/yr 25% less
Better.com Manager Salary 7 - 10 years exp. (3 salaries)	₹10 L/yr - ₹15 L/yr 5% less
Vivriti Capital Manager Salary 5 - 7 years exp. (3 salaries)	₹16.8 L/yr - ₹18 L/yr 25% more
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Manager salary at Avanse Financial Services ranges between ₹7.5 Lakhs to ₹19 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 15 latest salaries received from various employees of Avanse Financial Services.

Latest annual salaries shared by Avanse Financial Services Manager in Mumbai

1mo ago

₹19 Lakhs

8 years exp.

2mo ago

₹10 Lakhs

7 years exp.

3mo ago

₹11.5 Lakhs

5 years exp.

4mo ago

₹16.5 Lakhs

4 years exp.

5mo ago

₹19 Lakhs

9 years exp.

6mo ago

12 years exp.

7mo ago

13 years exp.

10mo ago

15 years exp.

1y ago

4 years exp.

1y ago

8 years exp.

Experience wise Avanse Financial Services Manager salaries in Mumbai

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹10 L/yr - ₹16.5 L/yr
5 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.8 L/yr
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6 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
7 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
8 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
9 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
10 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr
12 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
14 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
15+ years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr

View all

Similar Designation salaries in Avanse Financial Services

Deputy Manager Salary

(28 salaries)

₹6 L/yr - ₹11 L/yr

Management Trainee Salary

(14 salaries)

₹7 L/yr - ₹12 L/yr

Credit Manager Salary

(9 salaries)

₹4.5 L/yr - ₹9 L/yr

Top skills at Avanse Financial Services for Manager

Home Loans Lap mortgage Personal Loans Collections

Salary related reviews for Avanse Financial Services

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

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

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

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Top trending discussions

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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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Avanse Financial Services Manager Salary FAQs

What is the salary of Manager at Avanse Financial Services in Mumbai?

The average salary of a Manager at Avanse Financial Services in Mumbai typically ranges from ₹7.5 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 4 years to 15 years).

The top 10% of Manager in Mumbai at Avanse Financial Services earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Manager 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 10+ Avanse Financial Services employees in India.

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

The estimated take-home salary of a Manager at Avanse Financial Services in Mumbai typically ranges from ₹96,214 to ₹98,814 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 4 years to 15 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 10+ salaries received from various employees of Avanse Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager at Avanse Financial Services in Mumbai?

To be a Manager at Avanse Financial Services in Mumbai, the key skills required include:

- Home Loans
- Lap
- mortgage
- Personal Loans
- Collections

These skills are highly valued at Avanse Financial Services and are crucial for successful performance in a Software Engineering role.

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

Travelex	₹15.0 Lakhs to ₹28.4 Lakhs per year
Groww	₹10.6 Lakhs to ₹20.0 Lakhs per year
Vivriti Capital	₹16.8 Lakhs to ₹18.0 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 Manager in companies similar to Avanse Financial Services in Mumbai?

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

Home First Finance Company India	₹12.4 Lakhs to ₹17.0 Lakhs per year
Better.com	₹10.0 Lakhs to ₹15.0 Lakhs per year
State Street Syntel	₹7.6 Lakhs to ₹17.5 Lakhs per year
HDFC Credila Financial Services	₹7.0 Lakhs to ₹20.0 Lakhs per year
5paisa Capital Ltd.	₹6.0 Lakhs to ₹12.8 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 Manager at Avanse Financial Services in Mumbai?

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

Experience	Average Salary Range
4 years	₹10.0 Lakhs to ₹16.5 Lakhs per year
5 years	₹13.2 Lakhs to ₹16.8 Lakhs per year
6 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
7 years	₹12.8 Lakhs to ₹16.3 Lakhs per year

and so on.

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Avanse Financial Services Manager Salaries in Mumbai

Avanse Financial Services Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.