Equitas Small Finance Bank Madurai Service Operations Manager Salaries by 5 Employees (Updated 2025)

7 - 10 years exp.

₹5.4 Lakhs - ₹6.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Service Operations Manager Salary in Banking Companies for 7 - 10 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Service Operations Manager Salary 7 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹7 L/yr
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Customer Success, Service & Operations Service Operations Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.6 L/yr

Last Updated: 22 Mar 2025

Service Operations Manager salary at Equitas Small Finance Bank ranges between ₹5.4 Lakhs to ₹6.6 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Service Operations Manager salaries in Madurai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 L/yr
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9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr

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Top skills at Equitas Small Finance Bank for Service Operations Manager

Branch Operations Service operations Customer Service Operations Operations Management Compliance Service management Team Management Banking Operations Auditing MOM Customer Service Administration SLA Management Service Quality

Salary related reviews for Equitas Small Finance Bank

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

Regional Training Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Aug 2023

3.0

for Salary and Benefits

Likes

...so there is lack of infrastructure in some regions kindly check before coming. Salary might be low compared to others in same profile.

Dislikes

Lack of infrastructure.

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

Business Development Executive in Chennai

Engineering - Software & QA Department

4.0

• posted on 19 Apr 2022

3.0

for Salary and Benefits

Likes

it was good work environment and culture . some of team managers are very supportive and they became well wisher for upcoming employees

Skill development - Good

+3 more

Dislikes

salary is very low and career growth is very low . incentive slap was not good for upcoming fresher .target is very much high compared to salary

Promotions - Poor

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Equitas Small Finance Bank Service Operations Manager Salary FAQs

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

The average salary of a Service Operations Manager at Equitas Small Finance Bank in Madurai typically ranges from ₹5.4 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Service Operations Manager in Madurai at Equitas Small Finance Bank earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Service 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 5 Equitas Small Finance Bank employees in India.

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

The estimated take-home salary of a Service Operations Manager at Equitas Small Finance Bank in Madurai typically ranges from ₹44,945 to ₹46,037 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 7 years to 10 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 5 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 Service Operations Manager at Equitas Small Finance Bank in Madurai?

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

- Branch Operations
- Service operations
- Customer Service
- Operations
- Operations Management

These skills are highly valued at Equitas Small Finance Bank and are crucial for successful performance in a Software Engineering role.

How the salary growth look like for a Service Operations Manager at Equitas Small Finance Bank in Madurai?

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

Experience	Average Salary Range
7 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
8 years	₹5.4 Lakhs to ₹7.0 Lakhs per year
9 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
10 years	₹5.7 Lakhs to ₹7.2 Lakhs per year

and so on.

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Equitas Small Finance Bank Service Operations Manager Salaries in Madurai

Equitas Small Finance Bank Service Operations Manager salary in Madurai ranges between ₹5.4 Lakhs to ₹6.6 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.