Nabard Financial Services Chennai Branch Manager Salaries by 4 Employees (Updated 2025)

8 - 13 years exp.

₹4.8 Lakhs - ₹7 Lakhs

Salary of majority employees

53% less than the average Branch Manager Salary in NBFC Companies for 8 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 13 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹7 L/yr
Finance & Accounting Branch Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.7 L/yr
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Sales & Business Development Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.1 L/yr

Last Updated: 8 Jan 2025

Companies similar to Nabard Financial Services for Branch Manager in Chennai

Nabard Financial Services Branch Manager Salary

8 - 13 years exp. (4 salaries)

₹4.8 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Branch Manager Salary 2 - 17 years exp. (88 salaries)	₹2.4 L/yr - ₹7 L/yr 3% less	2 job openings
Shriram Finance Branch Manager Salary 4 - 13 years exp. (45 salaries)	₹3 L/yr - ₹7.1 L/yr 3% less
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Tata Capital Housing Finance Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹6.9 L/yr - ₹9.7 L/yr 56% more
Ugro Capital Branch Manager Salary 8 - 10 years exp. (4 salaries)	₹5.5 L/yr - ₹8.8 L/yr 55% more
ICICI Bank Branch Manager Salary 5 - 21 years exp. (211 salaries)	₹5.7 L/yr - ₹21.2 L/yr 161% more

Branch Manager salary at Nabard Financial Services ranges between ₹4.8 Lakhs to ₹7 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Nabard Financial Services.

Experience wise Nabard Financial Services Branch Manager salaries in Chennai

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
13 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr

View all

Similar Designation salaries in Nabard Financial Services

Customer Service Officer Salary

(4 salaries)

₹2.1 L/yr - ₹3.25 L/yr

Top skills at Nabard Financial Services for Branch Manager

Rural Finance Branch Management Microfinance

Salary related reviews for Nabard Financial Services

Branch Head in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Nov 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. Plus point is that my colleague come from various cultural backgrounds, and we work happily in collaboration.

Salary - Good

+6 more

Dislikes

Compensation is decent but growth is slow.

Branch Head in Kolhapur

Contractual

Customer Success, Service & Operations Department

3.0

• posted on 24 Nov 2023

4.0

for Salary and Benefits

Likes

Salary & Other Staff Benifits are best.

Salary - Good

Dislikes

Don't Work in Kolhapur Region, Maharashtra. Regional Manager & Cluster Manager every time force to staff for working in holiday. They are force for work late night. Other wise they are force for resignation. Very third class language using for staff. Humanity not available. HR Not Supported. In current year total 7 Branch Manager, 5 ABM & 9 to 10 Field Staff resigned.

Skill development - Bad

+5 more

Customer Service Officer in Vaikom

Full Time

Marketing & Communication Department

3.0

• posted on 03 Nov 2023

5.0

for Salary and Benefits

Likes

Salary and other benefits are much better than other companies

Salary - Excellent

+2 more

Dislikes

* if there is any problem Discuss with the lower level employee or concern employee what the problem is,and take action. * It department and softwere need to improve * need to improve qr facility and online payment

Job security - Bad

+1 more

Customer Service Officer in Buguda

Finance & Accounting Department

5.0

• posted on 30 May 2022

5.0

for Salary and Benefits

Likes

Talk about job security, work culture. Management,

Salary - Excellent

+6 more

Dislikes

Three 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 after which you cannot resign. On the job training is not given to new joinees.

Manager in Bangalore / Bengaluru

Sales & Operations Department

1.0

• posted on 18 Jun 2021

1.0

for Salary and Benefits

Likes

Pays more salary than non-registered and fraudulent MFIs

Dislikes

Pays one of the lowest salaries in the industry. No scope of growth for any position. No ownership of management towards growth of employees or organizations. Management is from NABARD and considers non NABARDIAN staffs as charity employment. Needs multiple changes in its structure and intent and then would become an unstoppable force.

Salary - Bad

+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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Nabard Financial Services Branch Manager Salary FAQs

What is the salary of Branch Manager at Nabard Financial Services in Chennai?

The average salary of a Branch Manager at Nabard Financial Services in Chennai typically ranges from ₹4.8 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Branch Manager in Chennai at Nabard Financial Services earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Branch Manager Salaries at Nabard Financial Services 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 Nabard Financial Services employees in India.

What is the estimated take home salary of a Branch Manager at Nabard Financial Services in Chennai?

The estimated take-home salary of a Branch Manager at Nabard Financial Services in Chennai typically ranges from ₹38,268 to ₹39,459 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 8 years to 13 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 Nabard Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Nabard Financial Services in Chennai?

To be a Branch Manager at Nabard Financial Services in Chennai, the key skills required include:

- Rural Finance
- Branch Management
- Microfinance

These skills are highly valued at Nabard Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Nabard Financial Services for Branch Manager in India?

ICICI Bank	₹5.7 Lakhs to ₹21.2 Lakhs per year
Tata Capital Housing Finance	₹6.9 Lakhs to ₹9.7 Lakhs per year
Ugro Capital	₹5.5 Lakhs to ₹8.8 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to Nabard Financial Services in Chennai?

The salary of a Branch Manager at companies similar to Nabard Financial Services in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Finance	₹3.0 Lakhs to ₹7.1 Lakhs per year
Muthoot Finance	₹2.4 Lakhs to ₹7.0 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 Branch Manager at Nabard Financial Services in Chennai?

The salary growth for a Branch Manager at Nabard Financial Services in Chennai depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Chennai can expect the following growth trajectory at Nabard Financial Services:

Experience	Average Salary Range
8 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
9 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
10 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
11 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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Nabard Financial Services Branch Manager Salaries in Chennai

Nabard Financial Services Branch Manager salary in Chennai ranges between ₹4.8 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nabard Financial Services latest salaries received from various employees of Nabard Financial Services.