Equitas Small Finance Bank Deputy Manager Grade 2 Salaries by 30+ Employees (Updated 2025)

2 - 13 years exp.

₹4.2 Lakhs - ₹11 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% less than the average Deputy Manager Grade 2 Salary in Banking Companies for 2 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Deputy Manager Grade 2 Salary 3 - 13 years exp. (11 salaries)	₹4.2 L/yr - ₹7.5 L/yr
BFSI, Investments & Trading Deputy Manager Grade 2 Salary 4 - 9 years exp. (10 salaries)	₹5 L/yr - ₹7 L/yr
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Sales & Business Development Deputy Manager Grade 2 Salary 7 - 13 years exp. (5 salaries)	₹6.4 L/yr - ₹8 L/yr
Legal & Regulatory Deputy Manager Grade 2 Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.3 L/yr
Risk Management & Compliance Deputy Manager Grade 2 Salary 8 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹11 L/yr

Last Updated: 22 Mar 2025

Companies similar to Equitas Small Finance Bank for Deputy Manager Grade 2

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Deputy Manager Grade 2 Salary 2 - 11 years exp. (132 salaries)	₹2.8 L/yr - ₹6 L/yr 28% less
Ujjivan Small Finance Bank Deputy Manager Grade 2 Salary 1 - 11 years exp. (55 salaries)	₹2.8 L/yr - ₹7.2 L/yr 20% less
Login to view exact salary
IDFC FIRST Bank Deputy Manager Grade 2 Salary 1 - 9 years exp. (37 salaries)	₹3.3 L/yr - ₹9.8 L/yr 7% less
Yes Bank Deputy Manager Grade 2 Salary 3 - 8 years exp. (29 salaries)	₹4 L/yr - ₹7 L/yr 8% less
AU Small Finance Bank Deputy Manager Grade 2 Salary 3 - 8 years exp. (25 salaries)	₹3.7 L/yr - ₹9 L/yr 14% less
Reserve Bank of India Deputy Manager Grade 2 Salary 2 years exp. (3 salaries)	₹30 L/yr - ₹80 L/yr 932% more

Deputy Manager Grade 2 salary at Equitas Small Finance Bank ranges between ₹4.2 Lakhs to ₹11 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 32 latest salaries received from various employees of Equitas Small Finance Bank.

Latest annual salaries shared by Equitas Small Finance Bank Deputy Manager Grade 2

3d ago

₹7.5 Lakhs

13 years exp.

1mo ago

₹5 Lakhs

6 years exp.

1mo ago

₹4.2 Lakhs

5 years exp.

2mo ago

₹8 Lakhs

8 years exp.

2mo ago

₹6.5 Lakhs

6 years exp.

3mo ago

3 years exp.

3mo ago

6 years exp.

5mo ago

6 years exp.

5mo ago

2 years exp.

5mo ago

5 years exp.

Experience wise Equitas Small Finance Bank Deputy Manager Grade 2 salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹10.8 L/yr
5 years (3 salaries)	₹4.2 L/yr - ₹10.9 L/yr
6 years (5 salaries)	₹4.5 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.4 L/yr
8 years (5 salaries)	₹2.5 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹11.2 L/yr
11 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.1 L/yr
12 years (4 salaries)	₹5.5 L/yr - ₹7.1 L/yr
13 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Equitas Small Finance Bank

Deputy Manager Salary

(317 salaries)

₹2.3 L/yr - ₹9.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹12.4 L/yr - ₹15.9 L/yr

Branch Manager Salary

(252 salaries)

₹3.61 L/yr - ₹14 L/yr

Sales Manager Salary

(108 salaries)

₹2.4 L/yr - ₹8.86 L/yr

Operations Manager Salary

(82 salaries)

₹2 L/yr - ₹9 L/yr

Team Lead Salary

(14 salaries)

₹4 L/yr - ₹10.47 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Relationship Manager Salary

(363 salaries)

₹1 L/yr - ₹8.25 L/yr

Quality Analyst Salary

(7 salaries)

₹1.84 L/yr - ₹4.3 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Salary related reviews for Equitas Small Finance Bank

3.4

Rated by 4 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

Customer Service Associate in Savner

Other Department

4.0

• posted on 17 Oct 2018

for Salary and Benefits

Likes

Yes i like to work in Equitas small finance bank, but i search for new job because i want to use my skills in other bank or finance office which are brands,i am not satisfied on this salary here I want to grow my self

Skill development - Good

Dislikes

Salary in not increase satisfactorily

Work satisfaction - Bad

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.

see more salary related reviews

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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 Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at Equitas Small Finance Bank ?

The average salary of a Deputy Manager Grade 2 at Equitas Small Finance Bank in India typically ranges from ₹4.2 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Deputy Manager Grade 2 at Equitas Small Finance Bank earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Deputy Manager Grade 2 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 30+ Equitas Small Finance Bank employees in India.

What is the estimated take home salary of a Deputy Manager Grade 2 at Equitas Small Finance Bank in India?

The estimated take-home salary of a Deputy Manager Grade 2 at Equitas Small Finance Bank in India typically ranges from ₹46,674 to ₹47,779 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 2 years to 13 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 30+ 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 Deputy Manager Grade 2 in India?

Reserve Bank of India

₹30.0 Lakhs to ₹80.0 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 Deputy Manager Grade 2 in companies similar to Equitas Small Finance Bank in India?

The salary of a Deputy Manager Grade 2 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:

IDFC FIRST Bank	₹3.3 Lakhs to ₹9.8 Lakhs per year
Yes Bank	₹4.0 Lakhs to ₹7.0 Lakhs per year
AU Small Finance Bank	₹3.7 Lakhs to ₹9.0 Lakhs per year
Ujjivan Small Finance Bank	₹2.8 Lakhs to ₹7.2 Lakhs per year
IndusInd Bank	₹2.8 Lakhs to ₹6.0 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 Deputy Manager Grade 2 at Equitas Small Finance Bank in India?

The salary growth for a Deputy Manager Grade 2 at Equitas Small Finance Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Grade 2 can expect the following growth trajectory at Equitas Small Finance Bank:

Experience	Average Salary Range
2 years	₹4.5 Lakhs to ₹6.0 Lakhs per year
3 years	₹2.4 Lakhs to ₹6.0 Lakhs per year
4 years	₹4.4 Lakhs to ₹10.8 Lakhs per year
5 years	₹4.2 Lakhs to ₹10.9 Lakhs per year

and so on.

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Equitas Small Finance Bank Deputy Manager Grade 2 Salaries by Location

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Equitas Small Finance Bank Deputy Manager Grade 2 Salaries

Equitas Small Finance Bank Deputy Manager Grade 2 salary in India ranges between ₹4.2 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.

Equitas Small Finance Bank Deputy Manager Grade 2 salaries in India (Updated 2025)

Companies similar to Equitas Small Finance Bank for Deputy Manager Grade 2

Latest annual salaries shared by Equitas Small Finance Bank Deputy Manager Grade 2

Experience wise Equitas Small Finance Bank Deputy Manager Grade 2 salaries

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

Customer Service Associate in Savner

Branch Manager in Warud

Equitas Small Finance Bank Deputy Manager Grade 2 Salary FAQs

Tell us how to improve this page.

Equitas Small Finance Bank Deputy Manager Grade 2 Salaries by Location