Essel Finance Salaries by 200+ Employees

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BFSI, Investments & Trading Finance & Accounting Sales & Business Development Human Resources + 5 more

Designation	Avg Annual Salary	Open Jobs
Branch Sales Manager 8 - 12 years exp. (7 salaries)	₹6.4 L/yr - ₹8.5 L/yr
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Relationship Manager 1 - 5 years exp. (7 salaries)	₹2.9 L/yr - ₹4 L/yr
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Sales Manager 4 - 10 years exp. (5 salaries)	₹4.6 L/yr - ₹7 L/yr
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Management Trainee 0 - 2 years exp. (5 salaries)	₹3.5 L/yr - ₹6 L/yr
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Senior Sales Executive 2 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹3.9 L/yr
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Credit Manager 5 - 15 years exp. (4 salaries)	₹3.5 L/yr - ₹6 L/yr
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Assistant Manager Finance & Accounts 10 - 16 years exp. (4 salaries)	₹7 L/yr - ₹8 L/yr
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Assistant Credit Manager 3 - 15 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr
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Assistant Manager Operations 2 - 9 years exp. (4 salaries)	₹3.3 L/yr - ₹6 L/yr
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Operations Executive 2 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹4.8 L/yr
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Sales Coordinator 2 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹4.2 L/yr
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Credit Processing Associate 1 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹2.7 L/yr
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MIS Executive 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr
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Accounts & Finance Manager 3 - 12 years exp. (3 salaries)	₹5.4 L/yr - ₹7.9 L/yr
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Asst.Marketing Manager 2 - 4 years exp. (3 salaries)	₹5.5 L/yr - ₹7.2 L/yr
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Assistant Manager- HR 3 - 5 years exp. (3 salaries)	₹4.8 L/yr - ₹7 L/yr
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Branch Manager 6 - 12 years exp. (3 salaries)	₹7.1 L/yr - ₹9.6 L/yr
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Customer Service Executive 1 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹6.4 L/yr
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Fund Manager 18 - 21 years exp. (3 salaries)	₹37.1 L/yr - ₹47.4 L/yr
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CPA Executive 0 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹3.1 L/yr
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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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Salary related reviews for Essel Finance

3.3

Rated by 61 employees for salary & benefits

Zonal Legal Head

Other Department

5.0

• posted on 24 Aug 2018

5.0

for Salary and Benefits

Likes

It's a new company in lending arena. A long story is still pending company is good but very conservative towards expansion. Sr. Management is awesome specially towards supports and decision making.

Salary - Excellent

+6 more

Dislikes

Conservative for business expansion and product (Type of Loans) development.

Customer Service Executive in Noida

Forex Department

1.0

• posted on 07 Jun 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

My branch manager Mr Vikas Patra behaviour is very bad with every employee. He is not man who support to anyone in his branch. I suggest to everyone who is interested to work with Essel forex Noida branch, Please take other opportunities in this sector.

Salary - Bad

+6 more

Manager - Sales - Loan Against Property in New Delhi

Other Department

2.0

• posted on 25 Oct 2017

4.0

for Salary and Benefits

Likes

compensation and benefit

Salary - Good

Dislikes

credit process and Operation is to bad , no pressure on credit & ops , credit takes too much time to approve a case, very poor sanction ratio even at 18% rate , need banking profile at 18 %, very bad risk appetite of credit, cases took even more than 3 months to sanction , Non of DSA is ready to work, company is good for only credit and OPS dep. it's like a govt job for Sales I would advice not to join.

Skill development - Bad

+5 more

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Essel Finance Salary FAQs

How much does Essel Finance pay to its employees?

The average annual salary at Essel Finance varies depending on the role, experience, and location. The salary ranges for some popular designations at Essel Finance, are as follows:

Branch Sales Manager	₹6.4 Lakhs to ₹8.5 Lakhs per year
Relationship Manager	₹2.9 Lakhs to ₹4 Lakhs per year
Sales Manager	₹4.6 Lakhs to ₹7 Lakhs per year
Management Trainee	₹3.5 Lakhs to ₹6 Lakhs per year

The highest-paying role, Manager, earns between ₹6 Lakhs to ₹9.3 Lakhs per year. The top 10% of employees earn more than ₹18 Lakhs per year, and the top 1% earn over ₹57.3 Lakhs per year. Salaries at Essel Finance 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 salary estimates are based on data from 282 salaries submitted by Essel Finance employees. Essel Finance is rated 3.3 out of 5 stars by its employees on the salary and benefits parameter.

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Essel Finance Salaries by Location

Average annual salary in Essel Finance is INR . Salary estimates are based on 200+ Essel Finance latest salaries received from various employees of Essel Finance.