Equitas Small Finance Bank Indore Deputy Manager Salaries by 6 Employees

4 - 8 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% less than the average Deputy Manager Salary in Banking Companies for 4 - 8 years of experience

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Salaries in different departments

Sales & Business Development Deputy Manager Salary 4 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹5.3 L/yr
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BFSI, Investments & Trading Deputy Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.4 L/yr

Last Updated: 12 May 2024

Companies similar to Equitas Small Finance Bank for Deputy Manager in Indore

Equitas Small Finance Bank Deputy Manager Salary

4 - 8 years exp. (6 salaries)

₹3.5 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Deputy Manager Salary 0 - 11 years exp. (53 salaries)	₹3 L/yr - ₹7.5 L/yr 7% more	7 job openings
AU Small Finance Bank Deputy Manager Salary 0 - 12 years exp. (33 salaries)	₹3 L/yr - ₹8.4 L/yr 2% more	6 job openings
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VE Commercial Vehicles Deputy Manager Salary 0 - 16 years exp. (615 salaries)	₹5.5 L/yr - ₹19 L/yr 115% more	1 job opening
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (532 salaries)	₹2.4 L/yr - ₹10.6 L/yr 18% more
Cipla Deputy Manager Salary 4 - 19 years exp. (184 salaries)	₹6 L/yr - ₹16 L/yr 124% more	1 job opening

Deputy Manager salary at Equitas Small Finance Bank ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Deputy Manager salaries in Indore

Last Updated: 12 May 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹3.5 L/yr - ₹9.3 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

From

Deputy Manager

3 - 14 years exp.

Branch Manager

5 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Equitas Small Finance Bank

Branch Manager Salary

(18 salaries)

₹4 L/yr - ₹13.5 L/yr

Cluster Manager Salary

(3 salaries)

₹6.25 L/yr - ₹8 L/yr

Area Manager Salary

(3 salaries)

₹15 L/yr - ₹17.04 L/yr

Salary related reviews for Equitas Small Finance Bank

3.0

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

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

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.

Credit Officer in Pattukkottai

Full Time

Finance & Accounting Department

1.0

• posted on 14 Mar 2025

2.0

for Salary and Benefits

Likes

Easy placement, once you give resume they call you to join before get offer letter. That's one thing only positive

Job security - Good

Dislikes

Lac of career growth, work life balance, salary hike is too low even you work for long year, You should ready to work for anytime even day and night, without any welfare. There is no any comb off leave and medical leave. It very miserly on work infrastructure.

Salary - Poor

+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 Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Equitas Small Finance Bank in Indore?

The average salary of a Deputy Manager at Equitas Small Finance Bank in Indore typically ranges from ₹3.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Deputy Manager in Indore at Equitas Small Finance Bank earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Deputy 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 6 Equitas Small Finance Bank employees in India.

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

The estimated take-home salary of a Deputy Manager at Equitas Small Finance Bank in Indore typically ranges from ₹40,098 to ₹41,262 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 years to 8 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 6 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 in India?

Cipla	₹6.0 Lakhs to ₹16.0 Lakhs per year
VE Commercial Vehicles	₹5.5 Lakhs to ₹19.0 Lakhs per year
ICICI Bank	₹2.4 Lakhs to ₹10.6 Lakhs per year
IDFC FIRST Bank	₹3.0 Lakhs to ₹7.5 Lakhs per year
AU Small Finance Bank	₹3.0 Lakhs to ₹8.4 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.

How the salary growth look like for a Deputy Manager at Equitas Small Finance Bank in Indore?

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

Experience	Average Salary Range
4 years	₹3.5 Lakhs to ₹9.3 Lakhs per year
5 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
6 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
7 years	₹4.7 Lakhs to ₹6.1 Lakhs per year

and so on.

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Equitas Small Finance Bank Deputy Manager Salaries in Indore

Equitas Small Finance Bank Deputy Manager salary in Indore ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.