Manappuram Finance Branch Manager 1 Salaries by 8 Employees

2 - 4 years exp.

₹2.4 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

46% less than the average Branch Manager 1 Salary in NBFC Companies for 2 - 4 years of experience

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Salaries in different departments

Finance & Accounting Branch Manager 1 Salary 2 - 4 years exp. (5 salaries)	₹2.4 L/yr - ₹4 L/yr
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Marketing & Communication Branch Manager 1 Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3 L/yr

Last Updated: 5 Dec 2024

Companies similar to Manappuram Finance for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Branch Manager 1 Salary 2 - 12 years exp. (26 salaries)	₹3.7 L/yr - ₹6.5 L/yr 70% more
Muthoot Fincorp Branch Manager 1 Salary 4 - 15 years exp. (23 salaries)	₹3 L/yr - ₹5 L/yr 49% more
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Muthoot Finance Branch Manager 1 Salary 4 - 11 years exp. (22 salaries)	₹3 L/yr - ₹5.6 L/yr 45% more
Spandana Sphoorty Financial Branch Manager 1 Salary 1 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹4.2 L/yr 1% less
Bharat Financial Inclusion Branch Manager 1 Salary 4 - 13 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 18% more
Capri Global Capital Branch Manager 1 Salary 8 - 10 years exp. (5 salaries)	₹3.8 L/yr - ₹7.3 L/yr 81% more
Bajaj Finance Branch Manager 1 Salary 2 - 10 years exp. (5 salaries)	₹3.6 L/yr - ₹6.5 L/yr 72% more
SMFG India Credit Branch Manager 1 Salary 10 - 16 years exp. (5 salaries)	₹4.2 L/yr - ₹8.4 L/yr 122% more
Satin Creditcare Network Branch Manager 1 Salary 2 - 8 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 19% more
Asirvad Microfinance Branch Manager 1 Salary 3 - 7 years exp. (4 salaries)	₹3.4 L/yr - ₹3.6 L/yr 14% more
Mahindra Rural Housing Finance Branch Manager 1 Salary 5 - 8 years exp. (4 salaries)	₹4.1 L/yr - ₹6.5 L/yr 43% more
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Muthoot Microfin Branch Manager 1 Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 7% more
Aavas Financiers Branch Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.8 L/yr - ₹4.5 L/yr 43% more
L&T Finance Branch Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 36% more
CreditAccess Grameen Branch Manager 1 Salary 6 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹8.6 L/yr 63% more
HDB Financial Services Branch Manager 1 Salary 3 - 6 years exp. (3 salaries)	₹6.1 L/yr - ₹8.5 L/yr 171% more

Branch Manager 1 salary at Manappuram Finance ranges between ₹2.4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Branch Manager 1 salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹2.4 L/yr - ₹3.1 L/yr
3 years (3 salaries)	₹2.4 L/yr - ₹4.3 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr

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Salary related reviews for Manappuram Finance

4.0

Rated by 6 employees for salary & benefits

Branch Head in Vadodara

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

Job security - Bad

+3 more

Branch Head in Warangal

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

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.

Skill development - Bad

+3 more

Branch Head in Bhatapara

Full Time

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...

Work satisfaction - Bad

+1 more

Branch Head in Bangalore / Bengaluru

Full Time

Marketing Department

4.0

• posted on 13 Jan 2018

4.0

for Salary and Benefits

Likes

This Company is very helpful for the job.It is really adopts online technology.It is reliable & very satisfaction able customer relationship.We are working very happily.I am also like various fields in Manappuram Finance Limited.

Salary - Good

+6 more

Dislikes

...sation is decent.The work pressure is very high.It is very good growing company.But Salary is very low.There is no job training.

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

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Manappuram Finance Branch Manager 1 Salary FAQs

What is the salary of Branch Manager 1 at Manappuram Finance ?

The average salary of a Branch Manager 1 at Manappuram Finance in India typically ranges from ₹2.4 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Branch Manager 1 at Manappuram Finance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Branch Manager 1 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 8 Manappuram Finance employees in India.

What is the estimated take home salary of a Branch Manager 1 at Manappuram Finance in India?

The estimated take-home salary of a Branch Manager 1 at Manappuram Finance in India typically ranges from ₹21,787 to ₹23,273 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 2 years to 4 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 8 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 Branch Manager 1 in India?

HDB Financial Services	₹6.1 Lakhs to ₹8.5 Lakhs per year
SMFG India Credit	₹4.2 Lakhs to ₹8.4 Lakhs per year
Capri Global Capital	₹3.8 Lakhs to ₹7.3 Lakhs per year
Bajaj Finance	₹3.6 Lakhs to ₹6.5 Lakhs per year
IIFL Finance	₹3.7 Lakhs to ₹6.5 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.

What is the salary of a Branch Manager 1 in companies similar to Manappuram Finance in India?

The salary of a Branch Manager 1 at companies similar to Manappuram Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CreditAccess Grameen	₹3.6 Lakhs to ₹8.6 Lakhs per year
Muthoot Fincorp	₹3.0 Lakhs to ₹5.0 Lakhs per year
Muthoot Finance	₹3.0 Lakhs to ₹5.6 Lakhs per year
Mahindra Rural Housing Finance	₹4.1 Lakhs to ₹6.5 Lakhs per year
Aavas Financiers	₹3.8 Lakhs to ₹4.5 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 Branch Manager 1 at Manappuram Finance in India?

The salary growth for a Branch Manager 1 at Manappuram Finance depends on factors such as experience, performance, and promotions. On average, a Branch Manager 1 can expect the following growth trajectory at Manappuram Finance:

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.0 Lakhs to ₹4.0 Lakhs per year

and so on.

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Manappuram Finance Branch Manager 1 Salaries

Manappuram Finance Branch Manager 1 salary in India ranges between ₹2.4 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Manappuram Finance latest salaries received from various employees of Manappuram Finance.