Equitas Small Finance Bank Chennai Operations Manager Salaries by 30+ Employees (Updated 2025)

1 - 13 years exp.

₹2.2 Lakhs - ₹8.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

55% less than the average Operations Manager Salary in Banking Companies for 1 - 13 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 1 - 12 years exp. (15 salaries)	₹3.4 L/yr - ₹8.4 L/yr
BFSI, Investments & Trading Operations Manager Salary 7 - 13 years exp. (11 salaries)	₹3.7 L/yr - ₹8.1 L/yr
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Finance & Accounting Operations Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.3 L/yr
Administration & Facilities Operations Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.9 L/yr

Last Updated: 20 Mar 2025

Companies similar to Equitas Small Finance Bank for Operations Manager in Chennai

Equitas Small Finance Bank Operations Manager Salary

1 - 13 years exp. (30 salaries)

₹2.2 L/yr - ₹8.4 L/yr

Company name	Avg Annual Salary	Open Jobs
NatWest Group Operations Manager Salary 6 - 16 years exp. (20 salaries)	₹6.5 L/yr - ₹18.1 L/yr 115% more
Standard Chartered Operations Manager Salary 8 - 18 years exp. (17 salaries)	₹7.2 L/yr - ₹19 L/yr 172% more
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Yes Bank Operations Manager Salary 2 - 14 years exp. (12 salaries)	₹4.3 L/yr - ₹10.5 L/yr 50% more
IndusInd Bank Operations Manager Salary 5 - 12 years exp. (11 salaries)	₹3.5 L/yr - ₹9.7 L/yr 20% more
IDFC FIRST Bank Operations Manager Salary 2 - 7 years exp. (8 salaries)	₹3.4 L/yr - ₹9.5 L/yr 43% more
Jana Small Finance Bank Operations Manager Salary 2 - 10 years exp. (5 salaries)	₹2.6 L/yr - ₹8 L/yr 23% less
Barclays Operations Manager Salary 9 - 12 years exp. (4 salaries)	₹8 L/yr - ₹15 L/yr 138% more
Deutsche Bank Operations Manager Salary 8 - 11 years exp. (4 salaries)	₹10.5 L/yr - ₹13.3 L/yr 138% more	1 job opening
IDBI Bank Operations Manager Salary 10 - 12 years exp. (3 salaries)	₹14 L/yr - ₹17 L/yr 191% more
DBS Bank Operations Manager Salary 5 - 17 years exp. (3 salaries)	₹7 L/yr - ₹12.3 L/yr 74% more

Operations Manager salary at Equitas Small Finance Bank ranges between ₹2.2 Lakhs to ₹8.4 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 30 latest salaries received from various employees of Equitas Small Finance Bank.

Latest annual salaries shared by Equitas Small Finance Bank Operations Manager in Chennai

2w ago

₹5 Lakhs

6 years exp.

3w ago

₹7.5 Lakhs

9 years exp.

1mo ago

₹8.1 Lakhs

13 years exp.

2mo ago

₹5 Lakhs

1 year exp.

5mo ago

₹8.4 Lakhs

12 years exp.

5mo ago

8 years exp.

5mo ago

8 years exp.

7mo ago

5 years exp.

7mo ago

5 years exp.

11mo ago

7 years exp.

Experience wise Equitas Small Finance Bank Operations Manager salaries in Chennai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
7 years (3 salaries)	₹3.3 L/yr - ₹5.3 L/yr
8 years (5 salaries)	₹3.7 L/yr - ₹8 L/yr
9 years (3 salaries)	₹5 L/yr - ₹7.8 L/yr
10 years (4 salaries)	₹3.3 L/yr - ₹6.3 L/yr
11 years (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr
12 years (5 salaries)	₹6 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Equitas Small Finance Bank

Deputy Manager Salary

(95 salaries)

₹2.5 L/yr - ₹9.5 L/yr

Relationship Manager Salary

(60 salaries)

₹1.44 L/yr - ₹8.1 L/yr

Branch Manager Salary

(25 salaries)

₹3.45 L/yr - ₹10.47 L/yr

Team Manager Salary

(3 salaries)

₹5.85 L/yr - ₹13 L/yr

Top skills at Equitas Small Finance Bank for Operations Manager

Operations Management Operations Management Management Operations Compliance Operations Risk Management Customer Service Finance KYC Communication Skills Monitoring Treasury Operations Bank Reconciliation Reconciliation

Salary related reviews for Equitas Small Finance Bank

4.5

Rated by 8 employees for salary & benefits

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

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.

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 Operations Manager Salary FAQs

What is the salary of Operations Manager at Equitas Small Finance Bank in Chennai?

The average salary of a Operations Manager at Equitas Small Finance Bank in Chennai typically ranges from ₹2.2 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Operations Manager in Chennai at Equitas Small Finance Bank earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Operations 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 30+ Equitas Small Finance Bank employees in India.

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

The estimated take-home salary of a Operations Manager at Equitas Small Finance Bank in Chennai typically ranges from ₹39,482 to ₹40,655 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 1 year 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.

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

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

- Operations Management
- Operations Management
- Management
- Operations
- Compliance

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 Operations Manager in India?

IDBI Bank	₹14.0 Lakhs to ₹17.0 Lakhs per year
Standard Chartered	₹7.2 Lakhs to ₹19.0 Lakhs per year
Deutsche Bank	₹10.5 Lakhs to ₹13.3 Lakhs per year
Barclays	₹8.0 Lakhs to ₹15.0 Lakhs per year
NatWest Group	₹6.5 Lakhs to ₹18.1 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 Operations Manager in companies similar to Equitas Small Finance Bank in Chennai?

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

DBS Bank	₹7.0 Lakhs to ₹12.3 Lakhs per year
Yes Bank	₹4.3 Lakhs to ₹10.5 Lakhs per year
IDFC FIRST Bank	₹3.4 Lakhs to ₹9.5 Lakhs per year
IndusInd Bank	₹3.5 Lakhs to ₹9.7 Lakhs per year
Jana Small Finance Bank	₹2.6 Lakhs to ₹8.0 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 Operations Manager at Equitas Small Finance Bank in Chennai?

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

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years	₹4.2 Lakhs to ₹5.3 Lakhs per year

and so on.

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Equitas Small Finance Bank Operations Manager Salaries in Chennai

Equitas Small Finance Bank Operations Manager salary in Chennai ranges between ₹2.2 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.

Equitas Small Finance Bank Operations Manager salaries in Chennai (Updated 2025)

Companies similar to Equitas Small Finance Bank for Operations Manager in Chennai

Latest annual salaries shared by Equitas Small Finance Bank Operations Manager in Chennai

Experience wise Equitas Small Finance Bank Operations Manager salaries in Chennai

Similar Designation salaries in Equitas Small Finance Bank

Top skills at Equitas Small Finance Bank for Operations Manager

Salary related reviews for Equitas Small Finance Bank

Operations Manager in Head Office Ambature CPC

Deputy Manager in Chennai

Assistant Vice President (working remotely)

Branch Manager in Warud

Credit Officer in Pattukkottai

Equitas Small Finance Bank Operations Manager Salary FAQs

Tell us how to improve this page.