Jumbo Finvest India Divisional Manager Salaries by 5 Employees

23 - 26 years exp.

₹16 Lakhs - ₹18 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Divisional Manager Salary in NBFC Companies for 23 - 26 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Jumbo Finvest India for Divisional Manager

Company name	Avg Annual Salary	Open Jobs
Midland Microfin Limited Divisional Manager Salary 5 - 15 years exp. (5 salaries)	₹6 L/yr - ₹12 L/yr 52% less
Kinara Capital Divisional Manager Salary 11 - 16 years exp. (4 salaries)	₹10 L/yr - ₹24 L/yr 16% more
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AU Small Finance Bank Divisional Manager Salary 5 - 15 years exp. (240 salaries)	₹3.7 L/yr - ₹13.2 L/yr 53% less
Mahindra Finance Divisional Manager Salary 9 - 24 years exp. (222 salaries)	₹7.8 L/yr - ₹31 L/yr 3% more	1 job opening
Ashok Leyland Divisional Manager Salary 12 - 23 years exp. (202 salaries)	₹16.5 L/yr - ₹45 L/yr 87% more

Divisional Manager salary at Jumbo Finvest India ranges between ₹16 Lakhs to ₹18 Lakhs per year for employees with experience between 23 years to 26 years. Salary estimates are based on 5 latest salaries received from various employees of Jumbo Finvest India.

Experience wise Jumbo Finvest India Divisional Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
15+ years (5 salaries)	₹16 L/yr - ₹18 L/yr
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Similar Designation salaries in Jumbo Finvest India

Regional Manager Salary

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Salary related reviews for Jumbo Finvest India

Operations Officer

Finance operations officer Department

3.0

• posted on 01 Oct 2019

5.0

for Salary and Benefits

Likes

... employee. Jfil is very careful company for our employees. Jfil not bad company. Jfil appraisal policy and salary pf policy is too good. Jfil learning mode work environment and etc very very good.

Salary - Excellent

+5 more

Dislikes

I have no complain for jfil and no any dislikes.

Branch Manager in Bharatpur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 23 Oct 2024

5.0

for Salary and Benefits

Likes

Jumbo finvest India limited work culture like a family. The leadership at this company is highly supportive and motivating. Senior managers not only listen to employees but also encourage them in every possible way. This helps everyone perform to their fullest potential. I have experienced very open and transparent communication while working here. Team members freely express their opinions, and everyone's ideas are valued. This helps in quick problem-solving and fosters teamwork. The company constantly provides opportunities for learning and personal growth. Whether through training sessions or various development programs, the environment here is perfect for those who want to learn and advance. The company offers flexible working hours, which helps maintain a balance between personal and professional life. This reduces stress and keeps employees enthusiastic about their work.The work environment here is very positive and healthy. Colleagues are always willing to help each other, and working in such an atmosphere is truly enjoyable. The company regularly recognizes and appreciates employee achievements. This motivates employees and encourages them to strive for even better performance. Therefore overall company as per my experience best. It's working stile like a family. So i love it.❣️

Salary - Excellent

+6 more

Dislikes

Relationship Officer in Ujjain

Finance & Accounting Department

1.0

• posted on 28 Sep 2019

1.0

for Salary and Benefits

Likes

It's not a good organisation , Disbursement b late hota he Salary b late aati he kbhi kbhi to bahut delay ho jati he

Dislikes

Yaha salary ki date fix nahi he kbhi 3, Ko kbhi 5 Ko kbhi 17 Ko Disbursement b late hota he

Salary - Bad

+6 more

Relationship Officer-Operations in Kota

BFSI, Investments & Trading Department

3.0

• posted on 18 May 2018

3.0

for Salary and Benefits

Likes

the company is good , work in lettest techonoligy i hope i am part of this company ,and my good experiance

Company culture - Good

+1 more

Dislikes

compensation is decebt but growth is slow , managers do not value an individuls unique strengths, apprasal is not good and no any holyday , only su day holyday , managers not cooperate out juniors , and lenguage is not good ,

Job security - Bad

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Jumbo Finvest India Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Jumbo Finvest India ?

The average salary of a Divisional Manager at Jumbo Finvest India in India typically ranges from ₹16.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 23 years to 26 years).

The top 10% of Divisional Manager at Jumbo Finvest India earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Divisional Manager Salaries at Jumbo Finvest India 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 Jumbo Finvest India employees in India.

What is the estimated take home salary of a Divisional Manager at Jumbo Finvest India in India?

The estimated take-home salary of a Divisional Manager at Jumbo Finvest India in India typically ranges from ₹1,14,980 to ₹1,18,185 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 23 years to 26 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 Jumbo Finvest India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Jumbo Finvest India for Divisional Manager in India?

Ashok Leyland	₹16.5 Lakhs to ₹45.0 Lakhs per year
Kinara Capital	₹10.0 Lakhs to ₹24.0 Lakhs per year
Mahindra Finance	₹7.8 Lakhs to ₹31.0 Lakhs per year

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

What is the salary of a Divisional Manager in companies similar to Jumbo Finvest India in India?

The salary of a Divisional Manager at companies similar to Jumbo Finvest India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Midland Microfin Limited	₹6.0 Lakhs to ₹12.0 Lakhs per year
AU Small Finance Bank	₹3.7 Lakhs to ₹13.2 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 Divisional Manager at Jumbo Finvest India in India?

The salary growth for a Divisional Manager at Jumbo Finvest India depends on factors such as experience, performance, and promotions. On average, a Divisional Manager can expect the following growth trajectory at Jumbo Finvest India:

Experience	Average Salary Range
15 years	₹16.0 Lakhs to ₹18.0 Lakhs per year

and so on.

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Jumbo Finvest India Divisional Manager Salaries

Jumbo Finvest India Divisional Manager salary in India ranges between ₹16 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Jumbo Finvest India latest salaries received from various employees of Jumbo Finvest India.