Equitas Small Finance Bank Manager M1 Salaries by 20+ Employees (Updated 2025)

7 - 13 years exp.

₹5.6 Lakhs - ₹11 Lakhs

Salary of majority employees

31% less than the average Manager M1 Salary in Banking Companies for 7 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager M1 Salary 7 - 13 years exp. (15 salaries)	₹6 L/yr - ₹11 L/yr
Customer Success, Service & Operations Manager M1 Salary 9 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr
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Sales & Business Development Manager M1 Salary 9 - 13 years exp. (3 salaries)	₹8 L/yr - ₹8.5 L/yr
Strategic & Top Management Manager M1 Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.8 L/yr

Last Updated: 28 Feb 2025

Companies similar to Equitas Small Finance Bank for Manager M1

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Manager M1 Salary 5 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹6.2 L/yr 32% less
AU Small Finance Bank Manager M1 Salary 2 - 13 years exp. (37 salaries)	₹3.6 L/yr - ₹11 L/yr 10% less
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Bandhan Bank Manager M1 Salary 9 - 13 years exp. (10 salaries)	₹7.2 L/yr - ₹9.5 L/yr 4% more
IDFC FIRST Bank Manager M1 Salary 4 - 12 years exp. (44 salaries)	₹5 L/yr - ₹9.5 L/yr 9% less
RBL Bank Manager M1 Salary 4 - 17 years exp. (19 salaries)	₹5.7 L/yr - ₹11.9 L/yr 3% less
Kotak Mahindra Bank Manager M1 Salary 2 - 12 years exp. (42 salaries)	₹3 L/yr - ₹10 L/yr 26% less
HDFC Bank Manager M1 Salary 5 - 14 years exp. (148 salaries)	₹5 L/yr - ₹13.3 L/yr 4% more
ICICI Bank Manager M1 Salary 1 - 17 years exp. (1.9k salaries)	₹4.5 L/yr - ₹15 L/yr 29% more
Axis Bank Manager M1 Salary 5 - 14 years exp. (165 salaries)	₹4.2 L/yr - ₹12 L/yr 1% more
Yes Bank Manager M1 Salary 1 - 13 years exp. (35 salaries)	₹5.5 L/yr - ₹10.1 L/yr 5% less
IndusInd Bank Manager M1 Salary 4 - 11 years exp. (44 salaries)	₹3.5 L/yr - ₹8.8 L/yr 19% less
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Standard Chartered Manager M1 Salary 5 - 10 years exp. (6 salaries)	₹6.9 L/yr - ₹10 L/yr 15% more
IDBI Bank Manager M1 Salary 5 - 14 years exp. (5 salaries)	₹13.5 L/yr - ₹20 L/yr 123% more
Bank of Baroda Manager M1 Salary 7 - 10 years exp. (4 salaries)	₹7.5 L/yr - ₹10.5 L/yr 14% more
Jana Small Finance Bank Manager M1 Salary 10 - 16 years exp. (4 salaries)	₹6 L/yr - ₹6.5 L/yr 25% less

Manager M1 salary at Equitas Small Finance Bank ranges between ₹5.6 Lakhs to ₹11 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 23 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Manager M1 salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.9 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹8.5 L/yr
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9 years (5 salaries)	₹6.5 L/yr - ₹9.4 L/yr
10 years (5 salaries)	₹6.3 L/yr - ₹8.9 L/yr
11 years (5 salaries)	₹5.6 L/yr - ₹11 L/yr
12 years (3 salaries)	₹6.1 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Equitas Small Finance Bank

Team Manager Salary

(7 salaries)

₹5.13 L/yr - ₹14 L/yr

Area Manager Salary

(19 salaries)

₹7.05 L/yr - ₹20.4 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹12.4 L/yr - ₹15.9 L/yr

Team Lead Salary

(13 salaries)

₹4 L/yr - ₹8 L/yr

Branch Manager Salary

(167 salaries)

₹2.9 L/yr - ₹10.5 L/yr

Deputy Manager Salary

(325 salaries)

₹2.3 L/yr - ₹9.5 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹18.5 L/yr - ₹23.6 L/yr

Project Manager Salary

(13 salaries)

₹5.25 L/yr - ₹25.95 L/yr

Cluster Manager Salary

(61 salaries)

₹5 L/yr - ₹10.5 L/yr

Service Manager Salary

(4 salaries)

₹3 L/yr - ₹3.2 L/yr

Salary related reviews for Equitas Small Finance Bank

3.7

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

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.

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?

Salary - Bad

+3 more

see more salary related reviews

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What people are saying about Equitas Small Finance Bank

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an it officer

Need serious advice

I received an offer from an HR Resourcing Organization to work on a contract basis with a MNC. They assured me that if I perform well, I could become a full-time employee there. However, I'm a bit worried because they won't be deducting PF during the contract period. Is it a good idea to accept this contract position, or could it pose risks for my future

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Equitas Small Finance Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at Equitas Small Finance Bank?

Manager M1 salary at Equitas Small Finance Bank in India ranges between ₹5.6 Lakhs to ₹11.0 Lakhs for experience between 7 years to 13 years. According to our estimates it is 31% less than the average Manager M1 Salary in India. Salary estimates are based on 23 latest salaries received from various employees of Equitas Small Finance Bank India.

How does the salary of a Manager M1 at Equitas Small Finance Bank India compare with the average salary range for this job?

The average salary of a Manager M1 at Equitas Small Finance Bank is 31% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Equitas Small Finance Bank to a Manager M1 in India?

IDBI Bank Manager M1 Salary - ₹13.5 Lakhs to ₹20.0 Lakhs per year
ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
Standard Chartered Manager M1 Salary - ₹6.9 Lakhs to ₹10.0 Lakhs per year
Bank of Baroda Manager M1 Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year
Bandhan Bank Manager M1 Salary - ₹7.2 Lakhs to ₹9.5 Lakhs per year

What is the salary of a Manager M1 in companies similar to Equitas Small Finance Bank in India?

HDFC Bank Manager M1 Salary - ₹5.0 Lakhs to ₹13.3 Lakhs per year
Axis Bank Manager M1 Salary - ₹4.2 Lakhs to ₹12.0 Lakhs per year
RBL Bank Manager M1 Salary - ₹5.7 Lakhs to ₹11.9 Lakhs per year
Yes Bank Manager M1 Salary - ₹5.5 Lakhs to ₹10.1 Lakhs per year
IDFC FIRST Bank Manager M1 Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year

What is the estimated take home salary of a Manager M1 at Equitas Small Finance Bank in India?

The estimated take-home salary of a Manager M1 at Equitas Small Finance Bank ranges between ₹58,728 per month to ₹60,209 per month in India. The take-home salary calculation is based on the average Equitas Small Finance Bank Manager M1 salary in India which ranges between ₹5.6 Lakhs to ₹11.0 Lakhs per year for employees with experience between 7 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Equitas Small Finance Bank?

According to AmbitionBox, 88% of the Equitas Small Finance Bank Manager M1s reported a notice period of 3 Months, 6% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

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Equitas Small Finance Bank Manager M1 Salaries by Location

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Equitas Small Finance Bank Manager M1 Salaries

Equitas Small Finance Bank Manager M1 salary in India ranges between ₹5.6 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.

Equitas Small Finance Bank Manager M1 salaries in India (Updated 2025)

Companies similar to Equitas Small Finance Bank for Manager M1

Latest annual salaries shared by Equitas Small Finance Bank Manager M1

Experience wise Equitas Small Finance Bank Manager M1 salaries

Similar Designation salaries in Equitas Small Finance Bank

Salary related reviews for Equitas Small Finance Bank

Deputy Manager in Chennai

Assistant Vice President (working remotely)

Operations Manager in Head Office Ambature CPC

Branch Manager in Warud

Rm Executive in Udumalaipettai

Equitas Small Finance Bank Manager M1 Salary FAQs

Tell us how to improve this page.

Equitas Small Finance Bank Manager M1 Salaries by Location