Indel Money Salem Branch Manager Salaries by 6 Employees

3 - 10 years exp.

₹2.6 Lakhs - ₹4.2 Lakhs

Salary of majority employees

50% less than the average Branch Manager Salary in Financial Services Companies for 3 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 3 - 10 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.6 L/yr
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Sales & Business Development Branch Manager Salary 5 - 10 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.2 L/yr

Last Updated: 3 Dec 2024

Companies similar to Indel Money for Branch Manager in Salem

Indel Money Branch Manager Salary

3 - 10 years exp. (6 salaries)

₹2.6 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
DBS Bank Branch Manager Salary 7 - 18 years exp. (9 salaries)	₹9.9 L/yr - ₹15.1 L/yr 220% more	1 job opening
CSB Bank Branch Manager Salary 7 - 18 years exp. (8 salaries)	₹4.8 L/yr - ₹14.5 L/yr 190% more	1 job opening
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Muthoottu Mini Financiers Branch Manager Salary 7 - 13 years exp. (7 salaries)	₹2.4 L/yr - ₹3.6 L/yr 12% less	1 job opening
City Union Bank Branch Manager Salary 5 - 12 years exp. (7 salaries)	₹10 L/yr - ₹18 L/yr 253% more	1 job opening
IDFC FIRST Bharat Branch Manager Salary 5 - 11 years exp. (8 salaries)	₹3 L/yr - ₹8 L/yr 47% more

Branch Manager salary at Indel Money ranges between ₹2.6 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Indel Money.

Experience wise Indel Money Branch Manager salaries in Salem

Last Updated: 3 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.4 L/yr

View all

Similar Designation salaries in Indel Money

Area Manager Salary

(3 salaries)

₹4 L/yr - ₹4.9 L/yr

Top skills at Indel Money for Branch Manager

Branch Management Communication Skills Gold Loan Networking Skills Branch Handling Business Growth Sales Branch Operations Field Sales Management Finance Team Handling Marketing Campaigns cce Gold Loan Branch Management

Salary related reviews for Indel Money

5.0

Rated by 1 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.

Salary - Good

+3 more

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.

Job security - Good

Dislikes

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

Promotions - Poor

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

Salary - Good

+6 more

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

Salary - Bad

+6 more

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.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Indel Money Branch Manager Salary FAQs

What is the salary of Branch Manager at Indel Money in Salem?

The average salary of a Branch Manager at Indel Money in Salem typically ranges from ₹2.6 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Branch Manager in Salem at Indel Money earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Branch Manager Salaries at Indel Money 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 6 Indel Money employees in India.

What is the estimated take home salary of a Branch Manager at Indel Money in Salem?

The estimated take-home salary of a Branch Manager at Indel Money in Salem typically ranges from ₹28,889 to ₹30,270 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 3 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 6 salaries received from various employees of Indel Money. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Indel Money in Salem?

To be a Branch Manager at Indel Money in Salem, the key skills required include:

- Branch Management
- Communication Skills
- Gold Loan
- Networking Skills
- Branch Handling

These skills are highly valued at Indel Money and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Indel Money for Branch Manager in India?

City Union Bank	₹10.0 Lakhs to ₹18.0 Lakhs per year
DBS Bank	₹9.9 Lakhs to ₹15.1 Lakhs per year
CSB Bank	₹4.8 Lakhs to ₹14.5 Lakhs per year
IDFC FIRST Bharat	₹3.0 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to Indel Money in Salem?

The salary of a Branch Manager at companies similar to Indel Money in Salem varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoottu Mini Financiers

₹2.4 Lakhs to ₹3.6 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 Branch Manager at Indel Money in Salem?

The salary growth for a Branch Manager at Indel Money in Salem depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Salem can expect the following growth trajectory at Indel Money:

Experience	Average Salary Range
3 years	₹3.2 Lakhs to ₹6.3 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹2.8 Lakhs to ₹4.2 Lakhs per year
6 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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Indel Money Branch Manager Salaries in Salem

Indel Money Branch Manager salary in Salem ranges between ₹2.6 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Indel Money latest salaries received from various employees of Indel Money.