Indel Money Salem Branch Manager Salaries by 5 Employees (Updated 2024)

5 - 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 5 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Branch Manager Salary 5 - 10 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr
Login to view exact salary
BFSI, Investments & Trading Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.4 L/yr

Last Updated: 3 Dec 2024

Companies similar to Indel Money for Branch Manager in Salem

Indel Money Branch Manager Salary

5 - 10 years exp. (5 salaries)

₹2.6 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Federal Bank Branch Manager Salary 6 - 7 years exp. (3 salaries)	₹12.3 L/yr - ₹12.5 L/yr 217% more
Edelweiss Branch Manager Salary 8 - 16 years exp. (3 salaries)	₹3.8 L/yr - ₹7.5 L/yr 73% more	1 job opening
Login to view exact salary
DBS Bank Branch Manager Salary 7 - 18 years exp. (10 salaries)	₹5 L/yr - ₹15.1 L/yr 217% more
City Union Bank Branch Manager Salary 5 - 11 years exp. (8 salaries)	₹8.5 L/yr - ₹18 L/yr 246% more	4 job openings
Muthoottu Mini Financiers Branch Manager Salary 7 - 13 years exp. (7 salaries)	₹2.4 L/yr - ₹3.6 L/yr 16% less

Branch Manager salary at Indel Money ranges between ₹2.6 Lakhs to ₹4.2 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 5 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
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.2 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 cse Business Development

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.

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Indel Money?

Ask anonymously on communities.

Indel Money Branch Manager Salary FAQs

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

Branch Manager salary at Indel Money in Salem ranges between ₹2.6 Lakhs to ₹4.2 Lakhs for experience between 5 years to 10 years. According to our estimates it is 50% less than the average Branch Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Indel Money Salem.

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

The average salary of a Branch Manager at Indel Money is 50% less than the average salary of a Branch Manager in Salem. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at Indel Money?

Branch Management, Communication Skills, Gold Loan, Networking Skills and Branch Handling are some of the popular skills required to work as a Branch Manager at Indel Money Salem.

Which similar companies are paying more than Indel Money to a Branch Manager in Salem?

City Union Bank Branch Manager Salary - ₹8.5 Lakhs to ₹18.0 Lakhs per year
DBS Bank Branch Manager Salary - ₹5.0 Lakhs to ₹15.1 Lakhs per year
Federal Bank Branch Manager Salary - ₹12.3 Lakhs to ₹12.5 Lakhs per year
Edelweiss Branch Manager Salary - ₹3.8 Lakhs to ₹7.5 Lakhs per year

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

Muthoottu Mini Financiers Branch Manager Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year

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 ranges between ₹28,753 per month to ₹30,136 per month in Salem. The take-home salary calculation is based on the average Indel Money Branch Manager salary in India which ranges between ₹2.6 Lakhs to ₹4.2 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Indel Money in Salem?

According to AmbitionBox, 50% of the Indel Money Branch Managers in Salem reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Indel Money Salaries >
Indel Money Branch Manager Salaries >
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 5 Indel Money latest salaries received from various employees of Indel Money.