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Manappuram Finance Assistant Branch Manager salaries in Indore

Annual salary range
1 - 3 years exp.
₹2 Lakhs - ₹2.6 Lakhs
Salary of majority employees
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57% less than the average Assistant Branch Manager Salary in NBFC Companies for 1 - 3 years of experience

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Last Updated: 11 Jun 2023

Companies similar to Manappuram Finance for Assistant Branch Manager in Indore

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Manappuram Finance Assistant Branch Manager Salary

1 - 3 years exp. (4 salaries)

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₹2 L/yr - ₹2.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IIFL Finance Assistant Branch Manager Salary

2 - 4 years exp. (3 salaries)

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₹2.5 L/yr - ₹4.3 L/yr

arrow icon 57% more
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₹3.6 L/yr - ₹6 L/yr

arrow icon 103% more
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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 57% more
9 job openings
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₹3.8 L/yr - ₹6.3 L/yr

arrow icon 148% more
2 job openings
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Bandhan Bank Assistant Branch Manager Salary

3 - 8 years exp. (5 salaries)

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₹3.5 L/yr - ₹8.3 L/yr

arrow icon 176% more
Assistant Branch Manager salary at Manappuram Finance ranges between ₹2 Lakhs to ₹2.6 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Finance.

Latest annual salaries shared by Manappuram Finance Assistant Branch Manager in Indore

1y ago
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3 years exp.

Experience wise Manappuram Finance Assistant Branch Manager salaries in Indore

Last Updated: 11 Jun 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
Manappuram Finance Assistant Branch Manager Salary and Career Growth

From

To

Assistant Branch Manager

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0 - 4 years exp.

Senior Manager

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0 - 13 years exp.

Assistant Branch Manager

0 - 4 years exp.
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Branch Manager

1 - 9 years exp.
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arrow icon 57% hike

Area Manager

3 - 9 years exp.
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arrow icon 34% hike
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.

Salary related reviews for Manappuram Finance

4.1

Rated by 4 employees for salary & benefits

Finance Department

4.0
  •  posted on 23 Aug 2018

3.0
 for  Salary and Benefits

Likes

I have a great experience with manappuram finance family. I am a part of a team of five members, we together done marketing activities,insurance,gold loan etc. In Manappuram finance thier having 14 products. I love the fact that the finance strictly obey the govt NDFC company rules. Their having around 17365 staff's in mafil family.

read more
  • Skill development - Good
  • +1 more

Dislikes

Work pressure is very high. Sometimes i have to work more than 10 hours. Salary is very bad. They dont give us proper training. The most i hate in Manappuram family is to meet the auction customers in their own homes, that time the company wont give any security to us.

read more
  • Job security - Poor
  • +2 more

Full Time

 · 

Other Department

5.0
  •  posted on 25 Feb 2025

4.0
 for  Salary and Benefits

Likes

Mafil is the best company in india and salary is too good company culture is good salary credit in bank on time. Seniors like RM, RSM, BH all r good. Overall I want to say Mafil is best company in india

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  • Salary - Good
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 Nov 2024

3.0
 for  Salary and Benefits

Likes

Give good opportunity to the freshers. Operation knwaledge. Trust to every employees

Dislikes

Staff ac cutting.. salary hold.. h.r very very critical transfer woman from any where no security for specially women s not support to management no value for old and experience employee line managers not supported leave policy also very bad

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  • Job security - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 01 Sep 2023

5.0
 for  Salary and Benefits

Likes

Time to time salary payment and daily basis growth achive incentive release and ect

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  • Salary - Excellent

Dislikes

Area leavl and regional manager behaviour not good. Political activity and very toomuch behaviour maintain.. but employee not valu.. senior and junior no values.

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  • Skill development - Bad
  • +3 more

Full Time

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Customer Success, Service & Operations Department

4.0
  •  posted on 20 Jul 2021

3.0
 for  Salary and Benefits

Likes

Tremendous mental pressure at BH post

  • Skill development - Good
  • +2 more

Dislikes

Tremendous mental pressure but the salary is very low.. You have to take transfer wherever the company wants from the very next day.. And higher official is not supportive. Unnecessary holiday cancellation and unnecessary salary holding and deduction.. I am tired of this...

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  • Work satisfaction - Bad
  • +1 more
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Manappuram Finance Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Manappuram Finance in Indore?
The average salary of a Assistant Branch Manager at Manappuram Finance in Indore typically ranges from ₹2.0 Lakhs to ₹2.6 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Assistant Branch Manager in Indore at Manappuram Finance earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 Lakhs per year. Assistant Branch Manager 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 Assistant Branch Manager at Manappuram Finance in Indore?
The estimated take-home salary of a Assistant Branch Manager at Manappuram Finance in Indore typically ranges from ₹17,466 to ₹19,167 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from 1 year to 3 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 Assistant Branch Manager in India?
Bandhan Bank ₹3.5 Lakhs to ₹8.3 Lakhs per year
Aakash Educational Services ₹3.8 Lakhs to ₹6.3 Lakhs per year
IDFC FIRST Bank ₹3.6 Lakhs to ₹6.0 Lakhs per year
IIFL Finance ₹2.5 Lakhs to ₹4.3 Lakhs per year
Equitas Small Finance Bank ₹2.8 Lakhs to ₹4.5 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.
How the salary growth look like for a Assistant Branch Manager at Manappuram Finance in Indore?
The salary growth for a Assistant Branch Manager at Manappuram Finance in Indore depends on factors such as experience, performance, and promotions. On average, a Assistant Branch Manager in Indore can expect the following growth trajectory at Manappuram Finance:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years ₹2.2 Lakhs to ₹2.9 Lakhs per year
3 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
and so on.

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Manappuram Finance Assistant Branch Manager salary in Indore ranges between ₹2 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Manappuram Finance latest salaries received from various employees of Manappuram Finance.