Essel Finance Mumbai Salaries by 100+ Employees (Updated 2024)

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Designation	Avg Annual Salary	Open Jobs
Cluster Sales Manager 20 years exp. · Mumbai (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
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Chief Marketing Officer 22 years exp. · Mumbai (AmbitionBox Estimate)	₹48.5 L/yr - ₹53.6 L/yr
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Legal Head 12 years exp. · Mumbai (AmbitionBox Estimate)	₹29.7 L/yr - ₹37.9 L/yr
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Equity Research Associate 2 years exp. · Mumbai (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Head Finance & Accounts 20 years exp. · Mumbai (AmbitionBox Estimate)	₹25.2 L/yr - ₹32.2 L/yr
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Assistant Manager Operations 2 years exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Training Manager 8 years exp. · Mumbai (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Senior Manager Credit 9 years exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Senior IT Manager 12 years exp. · Mumbai (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Credit Processing Assistant 1 year exp. · Mumbai (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
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Customer Service Executive 8 years exp. · Mumbai (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Treasury Manager 4 years exp. · Mumbai (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.5 L/yr
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Digital Marketing Manager 6 years exp. · Mumbai (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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Regional Collection Manager 15 years exp. · Mumbai (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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Finance Executive 3 years exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Sales Officer 3 years exp. · Mumbai (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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Back Office Executive 7 years exp. · Mumbai (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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Area Sales Manager 13 years exp. · Mumbai (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Cheif Financial Officer 23 years exp. · Mumbai (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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Collections Manager 15 years exp. · Mumbai (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Salary related reviews for Essel Finance

2.5

Rated by 10 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.

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.

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

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.

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Know more about Essel Finance Mumbai

Essel Finance Salary FAQs

How much does Essel Finance pay per year?

The average Essel Finance salary ranges from approximately ₹2.3 Lakhs to ₹2.7 Lakhs per year for a Credit Processing Associate and ₹6 Lakhs to ₹9.3 Lakhs per year for a Manager. Salary estimates are based on 111 Essel Finance salaries received from various employees of Essel Finance. Essel Finance employees rate the overall salary and benefits package 2.5/5 stars.

What is the highest salary in Essel Finance?

The highest-paying job at Essel Finance is a Manager with a salary of ₹6 Lakhs to ₹9.3 Lakhs per year. The top 10% of employees earn more than ₹18 lakhs per year. The top 1% earn more than a whopping ₹57.30 lakhs per year.

What is the minimum salary in Essel Finance?

Minimum salary at Essel Finance depends on the role you are applying for. For Operations Executive the minimum salary is ₹2.1 Lakhs to ₹4.8 Lakhs per year, and for Sales Coordinator the minimum salary is ₹2.4 Lakhs to ₹4.2 Lakhs per year and so on.

What is the notice period at Essel Finance in Mumbai?

According to AmbitionBox, 33% of the Essel Finance employees in Mumbai reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Essel Finance Mumbai Salaries by Department

Average annual salary in Essel Finance , Mumbai is INR . Salary estimates are based on 111 Essel Finance latest salaries received from various employees of Essel Finance.