Manappuram Finance Chennai Area Head Salaries by 4 Employees

6 - 8 years exp.

₹4.8 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

48% less than the average Area Head Salary in NBFC Companies for 6 - 8 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Area Head Salary 8 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.7 L/yr
Finance & Accounting Area Head Salary 7 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹5.6 L/yr
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Sales & Business Development Area Head Salary 6 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.8 L/yr

Last Updated: 22 Oct 2024

Companies similar to Manappuram Finance for Area Head in Chennai

Manappuram Finance Area Head Salary

6 - 8 years exp. (4 salaries)

₹4.8 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Sammaan Capital Limited Area Head Salary 18 - 21 years exp. (3 salaries)	₹13.4 L/yr - ₹14.5 L/yr 142% more
HDFC Bank Area Head Salary 7 - 17 years exp. (14 salaries)	₹6 L/yr - ₹17 L/yr 100% more
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RBL Bank Area Head Salary 11 - 20 years exp. (10 salaries)	₹12.3 L/yr - ₹20.8 L/yr 214% more
Cholamandalam MS General Insurance Area Head Salary 8 - 18 years exp. (10 salaries)	₹4.7 L/yr - ₹12.3 L/yr 62% more
Dr. Reddy's Foundation Area Head Salary 3 - 12 years exp. (9 salaries)	₹3.8 L/yr - ₹6 L/yr 5% less

Area Head salary at Manappuram Finance ranges between ₹4.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Area Head salaries in Chennai

Last Updated: 22 Oct 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr

From

Area Head

5 - 10 years exp.

Marketing Manager

0 - 6 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Salary related reviews for Manappuram Finance

3.7

Rated by 4 employees for salary & benefits

Regional Manager in Chandigarh (working remotely)

Full Time

Sales & Business Development Department

5.0

• posted on 29 Jun 2024

5.0

for Salary and Benefits

Likes

Manappuram Finance Ltd very positive thinking company and take care about Employees secure and Safe and good career also good salary and incentives getting Promotion from Line manager is currect and Billing authority given to field level Staffs insurance company providing Hostel available on.

Salary - Excellent

+3 more

Dislikes

Only one Negative thought Other state transfer north India to south india and south india to north India that's why I will be leaving this company

Company culture - Poor

Sales Executive (working remotely)

Full Time

Sports, Fitness & Personal Care Department

1.0

• posted on 07 Oct 2023

2.0

for Salary and Benefits

Likes

I don't like this company

Dislikes

Very worst this company not informed work transfer properly and salary properly not credited in employee account workers not supported in Manappuram company overall this company waste

Salary - Poor

+6 more

Regional Manager in Chennai

Sales & Business Development Department

5.0

• posted on 17 Apr 2022

4.0

for Salary and Benefits

Likes

...agement 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.

Salary - Good

+6 more

Dislikes

Transfer policy very Bad. Other overall good.

Branch Manager in Yadgiri

Finance & Accounting Department

5.0

• posted on 15 Dec 2021

3.0

for Salary and Benefits

Likes

It's a good company good incentive given and salary given and every year bonus also given.

Job security - Good

+1 more

Dislikes

It's very toff to new joining employees because there is no training to employees all training BH given to employees and any issue is there not solved immediately.

Branch Manager in Ahmedabad

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...anagement is politics. 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.

Salary - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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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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Manappuram Finance Area Head Salary FAQs

What is the salary of Area Head at Manappuram Finance in Chennai?

The average salary of a Area Head at Manappuram Finance in Chennai typically ranges from ₹4.8 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Area Head in Chennai at Manappuram Finance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Area Head Salaries at Manappuram Finance 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 4 Manappuram Finance employees in India.

What is the estimated take home salary of a Area Head at Manappuram Finance in Chennai?

The estimated take-home salary of a Area Head at Manappuram Finance in Chennai typically ranges from ₹42,384 to ₹43,513 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 6 years to 8 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 4 salaries received from various employees of Manappuram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Manappuram Finance for Area Head in India?

RBL Bank	₹12.3 Lakhs to ₹20.8 Lakhs per year
Sammaan Capital Limited	₹13.4 Lakhs to ₹14.5 Lakhs per year
HDFC Bank	₹6.0 Lakhs to ₹17.0 Lakhs per year
Cholamandalam MS General Insurance	₹4.7 Lakhs to ₹12.3 Lakhs per year

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

What is the salary of a Area Head in companies similar to Manappuram Finance in Chennai?

The salary of a Area Head at companies similar to Manappuram Finance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Dr. Reddy's Foundation

₹3.8 Lakhs to ₹6.0 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 Area Head at Manappuram Finance in Chennai?

The salary growth for a Area Head at Manappuram Finance in Chennai depends on factors such as experience, performance, and promotions. On average, a Area Head in Chennai can expect the following growth trajectory at Manappuram Finance:

Experience	Average Salary Range
6 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
7 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
8 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Manappuram Finance Area Head Salaries in Chennai

Manappuram Finance Area Head salary in Chennai ranges between ₹4.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Manappuram Finance latest salaries received from various employees of Manappuram Finance.