Equitas Small Finance Bank BM Salaries by 5 Employees (Updated 2025)

11 - 15 years exp.

₹5.9 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

15% more than the average BM Salary in Banking Companies for 11 - 15 years of experience

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Last Updated: 5 Mar 2025

Companies similar to Equitas Small Finance Bank for BM

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank BM Salary 8 - 13 years exp. (5 salaries)	₹2.9 L/yr - ₹7.8 L/yr 10% less
AU Small Finance Bank BM Salary 4 - 9 years exp. (25 salaries)	₹2.9 L/yr - ₹7.3 L/yr 32% less
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Bandhan Bank BM Salary 3 - 9 years exp. (3 salaries)	₹2.3 L/yr - ₹9.2 L/yr 3% more
IDFC FIRST Bank BM Salary 7 - 14 years exp. (7 salaries)	₹8 L/yr - ₹11.9 L/yr 60% more
RBL Bank BM Salary 4 - 18 years exp. (4 salaries)	₹3.5 L/yr - ₹24 L/yr 101% more
Kotak Mahindra Bank BM Salary 11 - 13 years exp. (5 salaries)	₹7.1 L/yr - ₹14.5 L/yr 55% more
HDFC Bank BM Salary 10 - 18 years exp. (7 salaries)	₹7.2 L/yr - ₹17.6 L/yr 77% more
ICICI Bank BM Salary 7 - 12 years exp. (16 salaries)	₹3.5 L/yr - ₹10 L/yr 29% more
Axis Bank BM Salary 4 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹4.5 L/yr 45% less
Yes Bank BM Salary 4 - 18 years exp. (7 salaries)	₹6.1 L/yr - ₹13.8 L/yr 56% more
IndusInd Bank BM Salary 15 - 17 years exp. (6 salaries)	₹5.9 L/yr - ₹17 L/yr 48% more
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Jana Small Finance Bank BM Salary 4 - 10 years exp. (5 salaries)	₹3.7 L/yr - ₹8.3 L/yr 3% less

BM salary at Equitas Small Finance Bank ranges between ₹5.9 Lakhs to ₹11 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank BM salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹11 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹12.2 L/yr
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13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹12.3 L/yr
14 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
15+ years (AmbitionBox Estimate)	₹2.7 L/yr - ₹10.4 L/yr

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Salary related reviews for Equitas Small Finance Bank

4.0

Rated by 1 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

Regional Training Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Aug 2023

3.0

for Salary and Benefits

Likes

...so there is lack of infrastructure in some regions kindly check before coming. Salary might be low compared to others in same profile.

Dislikes

Lack of infrastructure.

Assistant Vice President (working remotely)

Full Time

Other Department

5.0

• posted on 18 Dec 2024

5.0

for Salary and Benefits

Likes

I recently joined here and I'm currently at the head office. It's truly commendable that the banks offer free lunch and snacks to their staff. That's no small feat! The commitment to corporate social responsibility at 5% is also highly valued. I'm really enjoying my time here!

Salary - Excellent

+6 more

Dislikes

...ve the bank could consider standardizing salaries in based upon to market value. Currently, the alignment of designation, experience, and salary seems off. If you could take a look at this, I would appreciate it.

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

Business Development Executive in Chennai

Engineering - Software & QA Department

4.0

• posted on 19 Apr 2022

3.0

for Salary and Benefits

Likes

it was good work environment and culture . some of team managers are very supportive and they became well wisher for upcoming employees

Skill development - Good

+3 more

Dislikes

salary is very low and career growth is very low . incentive slap was not good for upcoming fresher .target is very much high compared to salary

Promotions - Poor

see more salary related reviews

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Equitas Small Finance Bank BM Salary FAQs

What is the salary of BM at Equitas Small Finance Bank ?

The average salary of a BM at Equitas Small Finance Bank in India typically ranges from ₹5.9 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 11 years to 15 years).

The top 10% of BM at Equitas Small Finance Bank earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. BM 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 5 Equitas Small Finance Bank employees in India.

What is the estimated take home salary of a BM at Equitas Small Finance Bank in India?

The estimated take-home salary of a BM at Equitas Small Finance Bank in India typically ranges from ₹51,052 to ₹52,257 per month. This is based on the average salary range of ₹5.9 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 11 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 5 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 BM in India?

RBL Bank	₹3.5 Lakhs to ₹24.0 Lakhs per year
HDFC Bank	₹7.2 Lakhs to ₹17.6 Lakhs per year
IDFC FIRST Bank	₹8.0 Lakhs to ₹11.9 Lakhs per year
Yes Bank	₹6.1 Lakhs to ₹13.8 Lakhs per year
Kotak Mahindra Bank	₹7.1 Lakhs to ₹14.5 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 BM in companies similar to Equitas Small Finance Bank in India?

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

IndusInd Bank	₹5.9 Lakhs to ₹17.0 Lakhs per year
ICICI Bank	₹3.5 Lakhs to ₹10.0 Lakhs per year
Bandhan Bank	₹2.3 Lakhs to ₹9.2 Lakhs per year
Jana Small Finance Bank	₹3.7 Lakhs to ₹8.3 Lakhs per year
Ujjivan Small Finance Bank	₹2.9 Lakhs to ₹7.8 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 BM at Equitas Small Finance Bank in India?

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

Experience	Average Salary Range
11 years	₹5.9 Lakhs to ₹11.0 Lakhs per year
12 years	₹5.9 Lakhs to ₹12.2 Lakhs per year
13 years	₹5.9 Lakhs to ₹12.3 Lakhs per year
14 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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Equitas Small Finance Bank BM Salaries

Equitas Small Finance Bank BM salary in India ranges between ₹5.9 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.