Indel Money Branch Head Salaries by 5 Employees (Updated 2024)

6 - 8 years exp.

₹2.3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

67% less than the average Branch Head Salary in Financial Services Companies for 6 - 8 years of experience

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Last Updated: 21 Oct 2023

Companies similar to Indel Money for Branch Head

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Branch Head Salary 5 - 15 years exp. (253 salaries)	₹2 L/yr - ₹6.6 L/yr 39% more	2 job openings
Manappuram Finance Branch Head Salary 1 - 8 years exp. (489 salaries)	₹1.4 L/yr - ₹5.3 L/yr 1% less
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Bajaj Finance Branch Head Salary 2 - 10 years exp. (7 salaries)	₹2.7 L/yr - ₹9 L/yr 46% more
Shriram Finance Branch Head Salary 4 - 12 years exp. (69 salaries)	₹2.1 L/yr - ₹8 L/yr 30% more
Mahindra Finance Branch Head Salary 4 - 15 years exp. (16 salaries)	₹2.5 L/yr - ₹8.5 L/yr 52% more	2 job openings
Cholamandalam Investment & Finance Branch Head Salary 7 - 11 years exp. (8 salaries)	₹4.1 L/yr - ₹8 L/yr 61% more
HDB Financial Services Branch Head Salary 7 - 19 years exp. (48 salaries)	₹4.5 L/yr - ₹13.5 L/yr 186% more
Edelweiss Branch Head Salary 6 - 15 years exp. (10 salaries)	₹3.6 L/yr - ₹12.1 L/yr 95% more
L&T Finance Branch Head Salary 3 - 8 years exp. (10 salaries)	₹3.1 L/yr - ₹8.8 L/yr 51% more
Aditya Birla Capital Branch Head Salary 8 - 14 years exp. (19 salaries)	₹6.5 L/yr - ₹19.3 L/yr 246% more
Shriram Fortune Solutions Branch Head Salary 5 - 17 years exp. (13 salaries)	₹2.6 L/yr - ₹5.5 L/yr 32% more
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Indusind Marketing & Financial Services Branch Head Salary 1 - 12 years exp. (6 salaries)	₹2.4 L/yr - ₹10 L/yr 74% more
Varthana Branch Head Salary 8 - 13 years exp. (4 salaries)	₹4.3 L/yr - ₹8.5 L/yr 88% more
Home First Finance Company India Branch Head Salary 3 - 7 years exp. (4 salaries)	₹6.2 L/yr - ₹12.8 L/yr 163% more

Branch Head salary at Indel Money ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Indel Money.

Experience wise Indel Money Branch Head salaries

Last Updated: 21 Oct 2023

Experience	Avg Annual Salary
6 years (3 salaries)	₹2.3 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.3 L/yr
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8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr

Similar Designation salaries in Indel Money

Area Head Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Branch Manager Salary

(55 salaries)

₹2.1 L/yr - ₹5.2 L/yr

Branch Incharge Salary

(4 salaries)

₹1.5 L/yr - ₹3.3 L/yr

Accountant Salary

(3 salaries)

₹2 L/yr - ₹2.4 L/yr

Area Manager Salary

(12 salaries)

₹4 L/yr - ₹5.73 L/yr

Credit Manager Salary

(5 salaries)

₹3.3 L/yr - ₹4.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Deputy Manager Salary

(3 salaries)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Indel Money

4.9

Rated by 2 employees for salary & benefits

Branch Sales Manager in Thirumangalam

NBFC Department

3.0

• posted on 09 Aug 2017

4.0

for Salary and Benefits

Likes

...h company ,type of business is mortgage,trade loan, gold loan, insurance, etc... I have relieve reason for job crowth and salary criers, my salary CTC 2.55lac.

Dislikes

No promotion, increment, high politics, etc...

Customer Relation Executive in Kochi

Full Time

Human Resources Department

5.0

• posted on 07 Feb 2022

3.0

for Salary and Benefits

Likes

It is place where you can excel if you are good at pitching sales. Their incentives and bonus is definitely good.

Dislikes

Work pressure to meet the target can sometimes put you in a lot of stress. Requires a lot of traveling.

Branch Manager in Khammam

Full Time

Risk Management & Compliance Department

4.0

• posted on 22 Nov 2024

4.0

for Salary and Benefits

Likes

Time to time payments and higher officials treat very friendly culture to their subordinates. especially work culture so healthy. Every day they give motivational speeches .They are trying to boost up to their subordinates. everything is good

Dislikes

Only one thing disliked every employee that one every day positive growth they are expecting from sales team . Commonly up and downs it's happens business and life. finally my indelmoney better than other gold loan companies as of my experience

Customer Relationship Executive in Wayanad

Full Time

Finance & Accounting Department

1.0

• posted on 05 Jul 2023

1.0

for Salary and Benefits

Likes

There are lots of areas which Indel money should grow.

Dislikes

1.When the survey of Great place to work happened the hr team itself completed the survey without informing the staffs. 2.Slection of Area mangers.it should be more selective(Iam comparing with our area manager) 3.Sometimes sunday were working day without a compensatory leave. 4.Even if we applied for a compensatory leave they will reject without a proper reason

Internal Auditor (working remotely)

Full Time

Finance & Accounting Department

1.0

• posted on 04 Oct 2024

1.0

for Salary and Benefits

Likes

Good Company

Dislikes

Good Company Except Audit Department Extremely low employee satisfaction - Frustration and burnout due to unrealistic workloads - Lack of effective control and accountability - Inadequate relief and support Consequently, several employees have contacted officials and filed complaints against the audit department.

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Salary Discussions, Hike & Promotions

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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Indel Money Branch Head Salary FAQs

What is the salary of Branch Head at Indel Money?

Branch Head salary at Indel Money in India ranges between ₹2.3 Lakhs to ₹4.5 Lakhs for experience between 6 years to 8 years. According to our estimates it is 67% less than the average Branch Head Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Indel Money India.

How does the salary of a Branch Head at Indel Money India compare with the average salary range for this job?

The average salary of a Branch Head at Indel Money is 67% less than the average salary of a Branch Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Indel Money to a Branch Head in India?

Aditya Birla Capital Branch Head Salary - ₹6.5 Lakhs to ₹19.3 Lakhs per year
HDB Financial Services Branch Head Salary - ₹4.5 Lakhs to ₹13.5 Lakhs per year
Home First Finance Company India Branch Head Salary - ₹6.2 Lakhs to ₹12.8 Lakhs per year
Edelweiss Branch Head Salary - ₹3.6 Lakhs to ₹12.1 Lakhs per year
Varthana Branch Head Salary - ₹4.3 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Branch Head in companies similar to Indel Money in India?

Indusind Marketing & Financial Services Branch Head Salary - ₹2.4 Lakhs to ₹10.0 Lakhs per year
Cholamandalam Investment & Finance Branch Head Salary - ₹4.1 Lakhs to ₹8.0 Lakhs per year
Mahindra Finance Branch Head Salary - ₹2.5 Lakhs to ₹8.5 Lakhs per year
L&T Finance Branch Head Salary - ₹3.1 Lakhs to ₹8.8 Lakhs per year
Bajaj Finance Branch Head Salary - ₹2.7 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Branch Head at Indel Money in India?

The estimated take-home salary of a Branch Head at Indel Money ranges between ₹25,587 per month to ₹27,017 per month in India. The take-home salary calculation is based on the average Indel Money Branch Head salary in India which ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Branch Head at Indel Money?

According to AmbitionBox, 67% of the Indel Money Branch Heads reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Indel Money Branch Head Salaries

Indel Money Branch Head salary in India ranges between ₹2.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Indel Money latest salaries received from various employees of Indel Money.