Manappuram Finance State Head Salaries by 5 Employees (Updated 2025)

15 - 20 years exp.

₹13.2 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

13% less than the average State Head Salary in NBFC Companies for 15 - 20 years of experience

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Last Updated: 14 Mar 2025

Companies similar to Manappuram Finance for State Head

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance State Head Salary 15 - 20 years exp. (6 salaries)	₹12 L/yr - ₹20 L/yr 23% more
Shriram Finance State Head Salary 11 - 27 years exp. (14 salaries)	₹8 L/yr - ₹29 L/yr 41% more
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Bajaj Finance State Head Salary 12 - 14 years exp. (5 salaries)	₹16.6 L/yr - ₹23.5 L/yr 41% more
HDFC Bank State Head Salary 10 - 18 years exp. (22 salaries)	₹9 L/yr - ₹32 L/yr 34% more
ICICI Bank State Head Salary 1 - 18 years exp. (6 salaries)	₹12 L/yr - ₹25 L/yr 55% more
Axis Bank State Head Salary 10 - 18 years exp. (42 salaries)	₹9.2 L/yr - ₹28 L/yr 24% more
Kotak Mahindra Bank State Head Salary 9 - 20 years exp. (16 salaries)	₹10.2 L/yr - ₹19 L/yr 1% more
Tata Capital State Head Salary 11 - 23 years exp. (19 salaries)	₹8 L/yr - ₹25 L/yr 28% more	1 job opening
Aditya Birla Capital State Head Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹19 L/yr 15% less
Aavas Financiers State Head Salary 11 - 19 years exp. (42 salaries)	₹8.8 L/yr - ₹23.4 L/yr 12% more	1 job opening
Poonawalla Fincorp State Head Salary 10 - 18 years exp. (15 salaries)	₹8.1 L/yr - ₹15.2 L/yr 9% less
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SMFG India Credit State Head Salary 12 - 23 years exp. (23 salaries)	₹11.5 L/yr - ₹28.2 L/yr 38% more
Bharat Financial Inclusion State Head Salary 5 - 18 years exp. (9 salaries)	₹10.2 L/yr - ₹26.9 L/yr 34% more
Muthoot Fincorp State Head Salary 12 - 19 years exp. (6 salaries)	₹10.4 L/yr - ₹20.5 L/yr 15% more
Mahindra Rural Housing Finance State Head Salary 10 - 22 years exp. (6 salaries)	₹11 L/yr - ₹23 L/yr 45% more
TVS Credit State Head Salary 7 - 21 years exp. (6 salaries)	₹9 L/yr - ₹16.3 L/yr 18% less
IIFL Finance State Head Salary 7 - 13 years exp. (5 salaries)	₹12 L/yr - ₹13.5 L/yr 3% less
CreditAccess Grameen State Head Salary 13 - 16 years exp. (5 salaries)	₹19.5 L/yr - ₹31 L/yr 74% more
Capri Global Capital State Head Salary 6 - 20 years exp. (4 salaries)	₹10.5 L/yr - ₹12.6 L/yr 16% less
PNB Housing Finance State Head Salary 10 - 18 years exp. (4 salaries)	₹16 L/yr - ₹24 L/yr 45% more

View all

State Head salary at Manappuram Finance ranges between ₹13.2 Lakhs to ₹15 Lakhs per year for employees with experience between 15 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance State Head salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
15+ years (5 salaries)	₹13.2 L/yr - ₹15 L/yr
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Salary related reviews for Manappuram Finance

2.4

Rated by 5 employees for salary & benefits

State Head in Mumbai

Finance & Accounting Department

4.0

• posted on 26 Apr 2021

4.0

for Salary and Benefits

Likes

...gement 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

+5 more

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.

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Manappuram Finance State Head Salary FAQs

What is the salary of State Head at Manappuram Finance ?

The average salary of a State Head at Manappuram Finance in India typically ranges from ₹13.2 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 15 years to 20 years).

The top 10% of State Head at Manappuram Finance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. State 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 5 Manappuram Finance employees in India.

What is the estimated take home salary of a State Head at Manappuram Finance in India?

The estimated take-home salary of a State Head at Manappuram Finance in India typically ranges from ₹96,322 to ₹98,924 per month. This is based on the average salary range of ₹13.2 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 15 years to 20 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 Manappuram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Spandana Sphoorty Financial	₹25.0 Lakhs to ₹30.0 Lakhs per year
CreditAccess Grameen	₹19.5 Lakhs to ₹31.0 Lakhs per year
ICICI Bank	₹12.0 Lakhs to ₹25.0 Lakhs per year
Mahindra Rural Housing Finance	₹11.0 Lakhs to ₹23.0 Lakhs per year
PNB Housing Finance	₹16.0 Lakhs to ₹24.0 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 State Head in companies similar to Manappuram Finance in India?

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

Bajaj Finance	₹16.6 Lakhs to ₹23.5 Lakhs per year
Shriram Finance	₹8.0 Lakhs to ₹29.0 Lakhs per year
SMFG India Credit	₹11.5 Lakhs to ₹28.2 Lakhs per year
Bharat Financial Inclusion	₹10.2 Lakhs to ₹26.9 Lakhs per year
HDFC Bank	₹9.0 Lakhs to ₹32.0 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 State Head at Manappuram Finance in India?

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

Experience	Average Salary Range
15 years	₹13.2 Lakhs to ₹15.0 Lakhs per year

and so on.

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Manappuram Finance State Head Salaries

Manappuram Finance State Head salary in India ranges between ₹13.2 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Manappuram Finance latest salaries received from various employees of Manappuram Finance.