Equitas Small Finance Bank Mumbai Branch Manager Salaries by 10+ Employees (Updated 2025)

6 - 15 years exp.

₹5.8 Lakhs - ₹16 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average Branch Manager Salary in Banking Companies for 6 - 15 years of experience

Interested in this particular role? 31 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 7 - 15 years exp. (7 salaries)	₹9.7 L/yr - ₹16 L/yr
Sales & Business Development Branch Manager Salary 6 - 14 years exp. (4 salaries)	₹5.8 L/yr - ₹15 L/yr
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Marketing & Communication Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	₹9.4 L/yr - ₹11.6 L/yr

Last Updated: 25 Feb 2025

Companies similar to Equitas Small Finance Bank for Branch Manager in Mumbai

Equitas Small Finance Bank Branch Manager Salary

6 - 15 years exp. (15 salaries)

₹5.8 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Branch Manager Salary 7 - 19 years exp. (84 salaries)	₹8.3 L/yr - ₹26 L/yr 69% more	19 job openings
IndusInd Bank Branch Manager Salary 7 - 20 years exp. (77 salaries)	₹7.6 L/yr - ₹25 L/yr 67% more	129 job openings
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IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (52 salaries)	₹8 L/yr - ₹27.8 L/yr 79% more	3 job openings
AU Small Finance Bank Branch Manager Salary 5 - 18 years exp. (28 salaries)	₹5 L/yr - ₹21.3 L/yr 27% more	2 job openings
Jana Small Finance Bank Branch Manager Salary 8 - 16 years exp. (16 salaries)	₹6.3 L/yr - ₹17 L/yr 2% more	1 job opening
Standard Chartered Branch Manager Salary 12 - 17 years exp. (13 salaries)	₹18 L/yr - ₹46 L/yr 191% more
Bank of India Branch Manager Salary 6 - 12 years exp. (8 salaries)	₹10 L/yr - ₹18 L/yr 43% more
IDBI Bank Branch Manager Salary 9 - 18 years exp. (6 salaries)	₹12 L/yr - ₹32 L/yr 154% more
Bank of Baroda Branch Manager Salary 9 - 14 years exp. (6 salaries)	₹10 L/yr - ₹25 L/yr 89% more
Bank of Maharashtra Branch Manager Salary 5 - 10 years exp. (6 salaries)	₹10 L/yr - ₹16 L/yr 59% more
DBS Bank Branch Manager Salary 7 - 16 years exp. (4 salaries)	₹8 L/yr - ₹20 L/yr 36% more
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Branch Manager salary at Equitas Small Finance Bank ranges between ₹5.8 Lakhs to ₹16 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 15 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Branch Manager salaries in Mumbai

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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8 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
9 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
10 years (3 salaries)	₹7.3 L/yr - ₹9.7 L/yr
11 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
12 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
13 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
14 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
15+ years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr

View all

Similar Designation salaries in Equitas Small Finance Bank

Deputy Manager Salary

(11 salaries)

₹3.8 L/yr - ₹6.5 L/yr

Sales Manager Salary

(10 salaries)

₹3.3 L/yr - ₹7.54 L/yr

Branch Sales Manager Salary

(10 salaries)

₹3.95 L/yr - ₹6.85 L/yr

Branch Head Salary

(8 salaries)

₹7 L/yr - ₹16 L/yr

Credit Manager Salary

(5 salaries)

₹5.4 L/yr - ₹11.6 L/yr

Top skills at Equitas Small Finance Bank for Branch Manager

Branch Management Branch Management Branch Operations Team Management Salesforce Branch Operations Sales Team Management Team Development Gold Loan Process Orientation Business Development Customer Service Auditing Team Handling

Salary related reviews for Equitas Small Finance Bank

4.0

Rated by 1 employees for salary & benefits

Branch Manager in Warud

BFSI, Investments & Trading Department

4.0

• posted on 14 Mar 2018

5.0

for Salary and Benefits

Likes

Teammates,training,job security, career growth, salary/appraisal,travail, work environment etc.

Salary - Excellent

+5 more

Dislikes

Compensation is decent,the work pressure is very high.ssometims, I have to work 14-18 hours straight ins day as I have to attend client calls in theevening and sometimes late in to night.

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

Branch Head in Bhilwara

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 01 Aug 2020

3.0

for Salary and Benefits

Likes

...n. Our MD is asking to stay in bank for next one year in such pendamic scenario. No salary deduction, no pressure for cross sales.

Skill development - Good

+4 more

Dislikes

No proper issue resolution, Slow career growth, typical process & lower incentives.

Sales Officer in Boisar

Full Time

Finance & Accounting Department

1.0

• posted on 03 Feb 2025

1.0

for Salary and Benefits

Likes

Dislikes

Employee are not supporting our organisation he fors to me resign a job at 2 month I have no salary credit at my notice period time sarve staff issue he not submitted to my attendance to hr thank you

Salary - Bad

+5 more

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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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Equitas Small Finance Bank Branch Manager Salary FAQs

What is the salary of Branch Manager at Equitas Small Finance Bank in Mumbai?

The average salary of a Branch Manager at Equitas Small Finance Bank in Mumbai typically ranges from ₹5.8 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Branch Manager in Mumbai at Equitas Small Finance Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Branch Manager 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 Branch Manager at Equitas Small Finance Bank in Mumbai?

The estimated take-home salary of a Branch Manager at Equitas Small Finance Bank in Mumbai typically ranges from ₹68,985 to ₹70,756 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 6 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 Equitas Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Equitas Small Finance Bank in Mumbai?

To be a Branch Manager at Equitas Small Finance Bank in Mumbai, the key skills required include:

- Branch Management
- Branch Management
- Branch Operations
- Team Management
- Salesforce

These skills are highly valued at Equitas Small Finance Bank and are crucial for successful performance in a Software Engineering role.

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

Standard Chartered	₹18.0 Lakhs to ₹46.0 Lakhs per year
IDBI Bank	₹12.0 Lakhs to ₹32.0 Lakhs per year
Bank of Baroda	₹10.0 Lakhs to ₹25.0 Lakhs per year
IDFC FIRST Bank	₹8.0 Lakhs to ₹27.8 Lakhs per year
Yes Bank	₹8.3 Lakhs to ₹26.0 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 Branch Manager in companies similar to Equitas Small Finance Bank in Mumbai?

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

IndusInd Bank	₹7.6 Lakhs to ₹25.0 Lakhs per year
Bank of Maharashtra	₹10.0 Lakhs to ₹16.0 Lakhs per year
Bank of India	₹10.0 Lakhs to ₹18.0 Lakhs per year
DBS Bank	₹8.0 Lakhs to ₹20.0 Lakhs per year
AU Small Finance Bank	₹5.0 Lakhs to ₹21.3 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 Branch Manager at Equitas Small Finance Bank in Mumbai?

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

Experience	Average Salary Range
6 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
7 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
8 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
9 years	₹8.0 Lakhs to ₹10.3 Lakhs per year

and so on.

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Equitas Small Finance Bank Branch Manager Salaries in Mumbai

Equitas Small Finance Bank Branch Manager salary in Mumbai ranges between ₹5.8 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.