IIFL SAMASTA Kolkata Area Manager Salaries by 5 Employees

8 - 12 years exp.

₹4.1 Lakhs - ₹5.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

53% less than the average Area Manager Salary in NBFC Companies for 8 - 12 years of experience

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Salaries in different departments

Sales & Business Development Area Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.1 L/yr
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Finance & Accounting Area Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹4.5 L/yr

Last Updated: 29 Sep 2024

Companies similar to IIFL SAMASTA for Area Manager in Kolkata

IIFL SAMASTA Area Manager Salary

8 - 12 years exp. (5 salaries)

₹4.1 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Area Manager Salary 8 - 18 years exp. (11 salaries)	₹6.2 L/yr - ₹9 L/yr 55% more
Manappuram Finance Area Manager Salary 5 - 9 years exp. (10 salaries)	₹3.5 L/yr - ₹5.9 L/yr 11% more
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CreditAccess Grameen Area Manager Salary 10 - 15 years exp. (8 salaries)	₹4.8 L/yr - ₹7 L/yr 33% more	1 job opening
TVS Credit Area Manager Salary 12 - 15 years exp. (7 salaries)	₹11 L/yr - ₹18.7 L/yr 233% more
Bajaj Finance Area Manager Salary 5 - 14 years exp. (7 salaries)	₹5.8 L/yr - ₹13 L/yr 106% more	195 job openings
Mahindra Finance Area Manager Salary 5 - 17 years exp. (5 salaries)	₹6.9 L/yr - ₹14 L/yr 116% more
HDB Financial Services Area Manager Salary 7 - 16 years exp. (5 salaries)	₹7.5 L/yr - ₹12.1 L/yr 116% more	4 job openings
Asirvad Microfinance Area Manager Salary 4 - 10 years exp. (4 salaries)	₹1.8 L/yr - ₹5.3 L/yr 11% less
Tata Motors Finance Area Manager Salary 9 - 13 years exp. (4 salaries)	₹11 L/yr - ₹14 L/yr 138% more
Muthoot Microfin Area Manager Salary 5 - 9 years exp. (3 salaries)	₹2.2 L/yr - ₹4.6 L/yr 18% less

Area Manager salary at IIFL SAMASTA ranges between ₹4.1 Lakhs to ₹5.1 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of IIFL SAMASTA.

Experience wise IIFL SAMASTA Area Manager salaries in Kolkata

Last Updated: 29 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
12 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr

Similar Designation salaries in IIFL SAMASTA

Branch Manager Salary

(20 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(8 salaries)

₹3.72 L/yr - ₹6.55 L/yr

Salary related reviews for IIFL SAMASTA

3.1

Rated by 3 employees for salary & benefits

Area Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Dec 2018

2.0

for Salary and Benefits

Likes

Salary and incentives

Dislikes

Samasta will bridge the gap between ambition and achievement of the working poor across India, by providing financial and non financial services, in a sustainable long term relationship to enable them to achieve a better quality of life.

Salary - Poor

+4 more

Area Manager in Siliguri

Business Department

4.0

• posted on 05 Oct 2019

3.0

for Salary and Benefits

Likes

Very few Microfinance companies have a 5 working day policy, but Samasta Microfinance Ltd. does. The company policies in general are employee favouring.

Skill development - Good

+4 more

Dislikes

The compensation policy in my opinion could still be made better.

Branch Manager (working remotely)

Full Time

Sales Department

1.0

• posted on 26 Dec 2022

1.0

for Salary and Benefits

Likes

...about. The worst place to work. After getting offer letter confirm your net pay. Because there is deduction only from your salary. You will never get what was offered to you. There is no management no proper hr team. There is no leaves, even if you are getting married or you met with accident.

Dislikes

Can't explain. I will need months to explain. It will never end.

Salary - Bad

+6 more

Branch Manager in Kumbakonam . Thiruvarur Mailaduthurai

Branch manager collection Department

4.0

• posted on 14 May 2021

3.0

for Salary and Benefits

Likes

Very best company.and company policy very sopper I am working this company I understand over all knowledge

Skill development - Good

+5 more

Dislikes

I am working 4 years 8 month in mahindra rural housing finance my salary. 16 teen thousand rupees and aloans monthly 6000 thousand

Branch Credit Manager in Kavali

Full Time

Finance & Accounting Department

3.0

• posted on 24 Dec 2024

4.0

for Salary and Benefits

Likes

On time salary

Salary - Good

+1 more

Dislikes

Actual time is 9.30 to 5.30 but in reality we work 6.30 to 7.00 sometime 8:30pm. No respect for women employee. Sometime BM force to deviate the work if we said no for it bm will targets employee. Today i resign because of that type of manager.

Promotions - Bad

+1 more

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What people are saying about IIFL SAMASTA

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an application support associate

Need advice

Hi, I have been working in an organisation(bangalore )from june 2023 to as of now as application support, now am thinking of switching job because of toxic culture, no skills improvement and unsatisfied salary with 6day working, at the same Time am fearing/nervous what if not getting job after resign. Any suggestions?

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IIFL SAMASTA Area Manager Salary FAQs

What is the salary of Area Manager at IIFL SAMASTA in Kolkata?

The average salary of a Area Manager at IIFL SAMASTA in Kolkata typically ranges from ₹4.1 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Area Manager in Kolkata at IIFL SAMASTA earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Area Manager Salaries at IIFL SAMASTA 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 IIFL SAMASTA employees in India.

What is the estimated take home salary of a Area Manager at IIFL SAMASTA in Kolkata?

The estimated take-home salary of a Area Manager at IIFL SAMASTA in Kolkata typically ranges from ₹36,490 to ₹37,707 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 8 years to 12 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 IIFL SAMASTA. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIFL SAMASTA for Area Manager in India?

TVS Credit	₹11.0 Lakhs to ₹18.7 Lakhs per year
Tata Motors Finance	₹11.0 Lakhs to ₹14.0 Lakhs per year
Mahindra Finance	₹6.9 Lakhs to ₹14.0 Lakhs per year
HDB Financial Services	₹7.5 Lakhs to ₹12.1 Lakhs per year
Bajaj Finance	₹5.8 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIFL SAMASTA, depending on the role and experience level.

What is the salary of a Area Manager in companies similar to IIFL SAMASTA in Kolkata?

The salary of a Area Manager at companies similar to IIFL SAMASTA in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Fincorp	₹6.2 Lakhs to ₹9.0 Lakhs per year
CreditAccess Grameen	₹4.8 Lakhs to ₹7.0 Lakhs per year
Manappuram Finance	₹3.5 Lakhs to ₹5.9 Lakhs per year
Asirvad Microfinance	₹1.8 Lakhs to ₹5.3 Lakhs per year
Muthoot Microfin	₹2.2 Lakhs to ₹4.6 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 Area Manager at IIFL SAMASTA in Kolkata?

The salary growth for a Area Manager at IIFL SAMASTA in Kolkata depends on factors such as experience, performance, and promotions. On average, a Area Manager in Kolkata can expect the following growth trajectory at IIFL SAMASTA:

Experience	Average Salary Range
8 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
9 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
10 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
11 years	₹4.4 Lakhs to ₹5.6 Lakhs per year

and so on.

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IIFL SAMASTA Area Manager Salaries in Kolkata

IIFL SAMASTA Area Manager salary in Kolkata ranges between ₹4.1 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IIFL SAMASTA latest salaries received from various employees of IIFL SAMASTA.