Equitas Small Finance Bank Manager 1 Salaries by 5 Employees (Updated 2025)

5 - 16 years exp.

₹5.6 Lakhs - ₹8.7 Lakhs

Low Confidence

Salary of majority employees

44% less than the average Manager 1 Salary in Banking Companies for 5 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Manager 1 Salary 5 - 16 years exp. (3 salaries)	₹5.6 L/yr - ₹8.7 L/yr
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Sales & Business Development Manager 1 Salary 7 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.4 L/yr

Last Updated: 9 Oct 2024

Companies similar to Equitas Small Finance Bank for Manager 1

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Manager 1 Salary 3 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 28% less
Kotak Mahindra Bank Manager 1 Salary 2 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹7 L/yr 37% less
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ICICI Bank Manager 1 Salary 1 - 14 years exp. (276 salaries)	₹4.6 L/yr - ₹16 L/yr 34% more
Yes Bank Manager 1 Salary 10 - 12 years exp. (3 salaries)	₹6.1 L/yr - ₹7.1 L/yr 9% less
Indian Overseas Bank Manager 1 Salary 7 - 12 years exp. (3 salaries)	₹12.5 L/yr - ₹20 L/yr 125% more

Manager 1 salary at Equitas Small Finance Bank ranges between ₹5.6 Lakhs to ₹8.7 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Manager 1 salaries

Last Updated: 9 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹10.2 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
12 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
13 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
14 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
15+ years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.7 L/yr

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Similar Designation salaries in Equitas Small Finance Bank

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(7 salaries)

₹5.13 L/yr - ₹14 L/yr

Area Manager Salary

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₹7.05 L/yr - ₹20.4 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹12.4 L/yr - ₹15.9 L/yr

Team Lead Salary

(12 salaries)

₹4 L/yr - ₹8 L/yr

Branch Manager Salary

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₹3.6 L/yr - ₹14 L/yr

Deputy Manager Salary

(323 salaries)

₹2.3 L/yr - ₹9.5 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Project Manager Salary

(12 salaries)

₹8.42 L/yr - ₹27.3 L/yr

Cluster Manager Salary

(60 salaries)

₹5 L/yr - ₹10.5 L/yr

Service Manager Salary

(3 salaries)

₹3.1 L/yr - ₹3.2 L/yr

Salary related reviews for Equitas Small Finance Bank

1.0

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.

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!

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.

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.

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.

Rm Executive in Udumalaipettai

Full Time

Finance & Accounting Department

3.0

• posted on 21 Dec 2024

1.0

for Salary and Benefits

Likes

When I first joined this company, I liked the way ABM taught me about this business. Name: mathan sir

Dislikes

Every employee working for an rm should have the same salary. I work at Equitas Bank without any prior experience, but we do the work that experienced people do. Why do salaries differ for people doing the same job?

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Equitas Small Finance Bank Manager 1 Salary FAQs

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

Manager 1 salary at Equitas Small Finance Bank in India ranges between ₹5.6 Lakhs to ₹8.7 Lakhs for experience between 5 years to 16 years. According to our estimates it is 44% less than the average Manager 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Equitas Small Finance Bank India.

How does the salary of a Manager 1 at Equitas Small Finance Bank India compare with the average salary range for this job?

The average salary of a Manager 1 at Equitas Small Finance Bank is 44% less than the average salary of a Manager 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Equitas Small Finance Bank to a Manager 1 in India?

Indian Overseas Bank Manager 1 Salary - ₹12.5 Lakhs to ₹20.0 Lakhs per year
ICICI Bank Manager 1 Salary - ₹4.6 Lakhs to ₹16.0 Lakhs per year

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

Yes Bank Manager 1 Salary - ₹6.1 Lakhs to ₹7.1 Lakhs per year
IDFC FIRST Bank Manager 1 Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
Kotak Mahindra Bank Manager 1 Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Manager 1 at Equitas Small Finance Bank ranges between ₹54,116 per month to ₹55,467 per month in India. The take-home salary calculation is based on the average Equitas Small Finance Bank Manager 1 salary in India which ranges between ₹5.6 Lakhs to ₹8.7 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Manager 1 at Equitas Small Finance Bank?

According to AmbitionBox, 75% of the Equitas Small Finance Bank Manager 1s reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Equitas Small Finance Bank Manager 1 Salaries

Equitas Small Finance Bank Manager 1 salary in India ranges between ₹5.6 Lakhs to ₹8.7 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.