Indostar Capital Finance Mumbai Branch Manager Salaries by 4 Employees (Updated 2024)

9 - 11 years exp.

₹6.5 Lakhs - ₹8.1 Lakhs

Salary of majority employees

30% less than the average Branch Manager Salary in NBFC Companies for 9 - 11 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.9 L/yr
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BFSI, Investments & Trading Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.1 L/yr

Last Updated: 16 Mar 2023

Companies similar to Indostar Capital Finance for Branch Manager in Mumbai

Indostar Capital Finance Branch Manager Salary

9 - 11 years exp. (4 salaries)

₹6.5 L/yr - ₹8.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Manager Salary 5 - 20 years exp. (230 salaries)	₹5.5 L/yr - ₹21.5 L/yr 75% more
Kotak Mahindra Bank Branch Manager Salary 7 - 21 years exp. (134 salaries)	₹7.5 L/yr - ₹25.6 L/yr 141% more	2 job openings
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Edelweiss Branch Manager Salary 5 - 12 years exp. (10 salaries)	₹4.2 L/yr - ₹10 L/yr 7% more	1 job opening
REPCO HOME FINANCE Branch Manager Salary 11 - 15 years exp. (4 salaries)	₹10.8 L/yr - ₹12 L/yr 55% more
Aditya Birla Capital Branch Manager Salary 4 - 13 years exp. (3 salaries)	₹5 L/yr - ₹11 L/yr 7% more

Branch Manager salary at Indostar Capital Finance ranges between ₹6.5 Lakhs to ₹8.1 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Indostar Capital Finance.

Experience wise Indostar Capital Finance Branch Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.1 L/yr
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11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹13.3 L/yr

Similar Designation salaries in Indostar Capital Finance

Sales Manager Salary

(4 salaries)

₹5.15 L/yr - ₹7.35 L/yr

Branch Sales Manager Salary

(3 salaries)

₹4.05 L/yr - ₹5.4 L/yr

Top skills at Indostar Capital Finance for Branch Manager

Home Loans Branch Management Team Management Mortgage Loans Sales housing loan home finance

Salary related reviews for Indostar Capital Finance

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Kota, Rajasthan

Finance & Accounting Department

4.0

• posted on 21 Aug 2020

3.0

for Salary and Benefits

Likes

I thanks to Indostar Capital as we have got full salary in Covid-19 for smooth going survival.

Dislikes

This place specially Rajasthan is not good for better future, here seniors are not co operative and they make difference between IIFL and ICFL Team members.

Branch Head in Dhupguri

Full Time

Finance & Accounting Department

5.0

• posted on 14 Dec 2023

2.0

for Salary and Benefits

Likes

It's has future but need to take strong decisions regarding BUISNESS improvement also decision making Empowerment to ground level employees.

Dislikes

Salary not matched with my Designation as per my education ad well as my experience.

Area Manager in Jodhpur

BFSI, Investments & Trading Department

5.0

• posted on 16 May 2021

5.0

for Salary and Benefits

Likes

...e is a huge cafeteria and gaming arcade for chilling .company policies are good.appraisals are fair and they give good salary hike and bonus every year

Dislikes

Threr is lot of politics and the management doesn't address our issue

Associate in Tenkasi

Marketing & Communication Department

3.0

• posted on 08 Jun 2022

3.0

for Salary and Benefits

Likes

Job security and career growth and work satisfaction

Dislikes

There is a lot of politics and management doesn't address our issues.salary is decent but career growth is slow.I am working in 2yrs above no improve the job growth.

Senior Field Officer in Hubli

Finance & Accounting Department

3.0

• posted on 14 Jan 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good. Appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Festival Holidays

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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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Indostar Capital Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Indostar Capital Finance Mumbai?

Branch Manager salary at Indostar Capital Finance in Mumbai ranges between ₹6.5 Lakhs to ₹8.1 Lakhs for experience between 9 years to 11 years. According to our estimates it is 30% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indostar Capital Finance Mumbai.

How does the salary of a Branch Manager at Indostar Capital Finance Mumbai compare with the average salary range for this job?

The average salary of a Branch Manager at Indostar Capital Finance is 30% less than the average salary of a Branch Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at Indostar Capital Finance?

Home Loans, Branch Management, Team Management, Mortgage Loans and Sales are some of the popular skills required to work as a Branch Manager at Indostar Capital Finance Mumbai.

Which similar companies are paying more than Indostar Capital Finance to a Branch Manager in Mumbai?

Kotak Mahindra Bank Branch Manager Salary - ₹7.5 Lakhs to ₹25.6 Lakhs per year
ICICI Bank Branch Manager Salary - ₹5.5 Lakhs to ₹21.5 Lakhs per year
REPCO HOME FINANCE Branch Manager Salary - ₹10.8 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Capital Branch Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
Edelweiss Branch Manager Salary - ₹4.2 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Branch Manager at Indostar Capital Finance in Mumbai?

The estimated take-home salary of a Branch Manager at Indostar Capital Finance ranges between ₹55,453 per month to ₹56,841 per month in Mumbai. The take-home salary calculation is based on the average Indostar Capital Finance Branch Manager salary in India which ranges between ₹6.5 Lakhs to ₹8.1 Lakhs per year for employees with experience between 9 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Indostar Capital Finance in Mumbai?

According to AmbitionBox, 100% of the Indostar Capital Finance Branch Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Indostar Capital Finance Branch Manager Salaries in Mumbai

Indostar Capital Finance Branch Manager salary in Mumbai ranges between ₹6.5 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indostar Capital Finance latest salaries received from various employees of Indostar Capital Finance.