Equitas Small Finance Bank Chennai Assistant Manager 1 Salaries by 10+ Employees (Updated 2025)

1 - 10 years exp.

₹2.5 Lakhs - ₹4.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Assistant Manager 1 Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager 1 Salary 1 - 10 years exp. (6 salaries)	₹3 L/yr - ₹4.6 L/yr
BFSI, Investments & Trading Assistant Manager 1 Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.6 L/yr
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Finance & Accounting Assistant Manager 1 Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4 L/yr

Last Updated: 21 Feb 2025

Companies similar to Equitas Small Finance Bank for Assistant Manager 1 in Chennai

Equitas Small Finance Bank Assistant Manager 1 Salary

1 - 10 years exp. (11 salaries)

₹2.5 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Assistant Manager 1 Salary 1 - 4 years exp. (15 salaries)	₹2.3 L/yr - ₹3.5 L/yr 7% less
Kotak Mahindra Bank Assistant Manager 1 Salary 2 - 5 years exp. (5 salaries)	₹3 L/yr - ₹3.5 L/yr 12% less
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Muthoot Finance Assistant Manager 1 Salary 2 - 6 years exp. (5 salaries)	₹3 L/yr - ₹4.5 L/yr 8% more
HDFC Bank Assistant Manager 1 Salary 3 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹3.7 L/yr 6% less
TVS Sundram Fasteners Assistant Manager 1 Salary 4 - 19 years exp. (4 salaries)	₹6 L/yr - ₹9.5 L/yr 102% more

Assistant Manager 1 salary at Equitas Small Finance Bank ranges between ₹2.5 Lakhs to ₹4.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 11 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Assistant Manager 1 salaries in Chennai

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr

View all

Similar Designation salaries in Equitas Small Finance Bank

Deputy Manager Salary

(98 salaries)

₹2.5 L/yr - ₹9.5 L/yr

Relationship Manager Salary

(62 salaries)

₹1.44 L/yr - ₹8.1 L/yr

Assistant Branch Manager Salary

(32 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Operations Manager Salary

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₹2.15 L/yr - ₹8.38 L/yr

Branch Manager Salary

(25 salaries)

₹3.45 L/yr - ₹10.54 L/yr

Sales Manager Salary

(12 salaries)

₹3.5 L/yr - ₹5.75 L/yr

Team Manager Salary

(3 salaries)

₹5.85 L/yr - ₹13 L/yr

Salary related reviews for Equitas Small Finance Bank

5.0

Rated by 2 employees for salary & benefits

Deputy Manager in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Dec 2024

4.0

for Salary and Benefits

Likes

My manager and head Ma’am are very approachable. Always there to guide both personally and professionally. It is like family.

Salary - Good

+4 more

Dislikes

No proper parking No personal life balance Should give pay for working on holiday internal job posting should be opened to everyone as sometimes due to experience eligibility we lose the opportunity

Sales Manager in Erode

Full Time

Finance & Accounting Department

2.0

• posted on 29 Jun 2020

5.0

for Salary and Benefits

Likes

Good salary package...Excellent company bcoz of heading nice person MD Mr.Vasudevan

Salary - Excellent

+1 more

Dislikes

No respect for female employee from Senior officials only...Some of senior female officials making torture in the form of unparliamentary word to male staff.Very worst behaviour of senior officials.

Skill development - Bad

+4 more

Operations Manager in Head Office Ambature CPC

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 29 Nov 2023

5.0

for Salary and Benefits

Likes

... Every year work anniversary and Birthday cake cutting very happy in my life. 3. At the time of corona period i am affected Equitas tacking care of Salary and medical expenses grocery. and also provided to affected employees. 4. Esop Shares, I have availed and reduce my Loan 50 % @ others. 5. Medical Emergency loan @ 0 % (Zero) 6. HAC awards every year 7. Mastro Award Every month for motivation for staffs. error free work. 8 Every year medical camp. 9. My family medical policy covered by Equitas. 10. All festival celebration at Equitas Family very Happy with Co Ordinate HR. 11. Any Issue smoothly handling in HR deportment. 12. working at workplace statics factions. 13. I am Not Seeing God wright now i am Seeing for our MD. So many changes in My life with Equitas again thanks to Equitas Family.

Salary - Excellent

+6 more

Dislikes

Nothing

Assistant Branch Manager in Savner

Other Department

5.0

• posted on 29 Jun 2022

5.0

for Salary and Benefits

Likes

Company policy is good and working cultures are friendly, management is help to employee for various sichuation & feel job secure in this company.

Salary - Excellent

+6 more

Dislikes

Their is a lot of politics superior behaviour is not good for employee,salary is good but carrier growth is slow.

Assistant Branch Manager in Chennai

Full Time

Branch banking Department

4.0

• posted on 01 Oct 2019

2.0

for Salary and Benefits

Likes

It's a new start up bank .so everyone has to do sales . They recruit as branch operations manager but in salary slip mentioned as SALES . So it's affect other bank interviews .so kindly check and join

Job security - Excellent

+1 more

Dislikes

Good team support but in organisation level very complicated to reach out the organisation .

Salary - Poor

+2 more

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Salary Discussions, Hike & Promotions

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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Equitas Small Finance Bank Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Equitas Small Finance Bank in Chennai?

The average salary of a Assistant Manager 1 at Equitas Small Finance Bank in Chennai typically ranges from ₹2.5 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Assistant Manager 1 in Chennai at Equitas Small Finance Bank earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Assistant Manager 1 Salaries at Equitas Small Finance Bank 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+ Equitas Small Finance Bank employees in India.

What is the estimated take home salary of a Assistant Manager 1 at Equitas Small Finance Bank in Chennai?

The estimated take-home salary of a Assistant Manager 1 at Equitas Small Finance Bank in Chennai typically ranges from ₹26,672 to ₹28,085 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 1 year to 10 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 Equitas Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Equitas Small Finance Bank for Assistant Manager 1 in India?

TVS Sundram Fasteners	₹6.0 Lakhs to ₹9.5 Lakhs per year
Muthoot Finance	₹3.0 Lakhs to ₹4.5 Lakhs per year

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

What is the salary of a Assistant Manager 1 in companies similar to Equitas Small Finance Bank in Chennai?

The salary of a Assistant Manager 1 at companies similar to Equitas Small Finance Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹3.3 Lakhs to ₹3.7 Lakhs per year
ICICI Bank	₹2.3 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Bank	₹3.0 Lakhs to ₹3.5 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 1 at Equitas Small Finance Bank in Chennai?

The salary growth for a Assistant Manager 1 at Equitas Small Finance Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager 1 in Chennai can expect the following growth trajectory at Equitas Small Finance Bank:

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹4.1 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.2 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Equitas Small Finance Bank Assistant Manager 1 Salaries in Chennai

Equitas Small Finance Bank Assistant Manager 1 salary in Chennai ranges between ₹2.5 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.

Equitas Small Finance Bank Assistant Manager 1 salaries in Chennai (Updated 2025)

Companies similar to Equitas Small Finance Bank for Assistant Manager 1 in Chennai

Latest annual salaries shared by Equitas Small Finance Bank Assistant Manager 1 in Chennai

Experience wise Equitas Small Finance Bank Assistant Manager 1 salaries in Chennai

Similar Designation salaries in Equitas Small Finance Bank

Salary related reviews for Equitas Small Finance Bank

Deputy Manager in Chennai

Sales Manager in Erode

Operations Manager in Head Office Ambature CPC

Assistant Branch Manager in Savner

Assistant Branch Manager in Chennai

Equitas Small Finance Bank Assistant Manager 1 Salary FAQs

Tell us how to improve this page.