NBFC Ernakulam Branch Manager Salaries by 6 Employees

4 - 10 years exp.

₹2.7 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

58% less than the average Branch Manager Salary in Insurance Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 4 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹4.8 L/yr
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Marketing & Communication Branch Manager Salary 8 - 10 years exp. (3 salaries)	₹4 L/yr - ₹5.6 L/yr

Last Updated: 22 Nov 2023

Companies similar to NBFC for Branch Manager in Ernakulam

NBFC Branch Manager Salary

4 - 10 years exp. (6 salaries)

₹2.7 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
South Indian Bank Branch Manager Salary 9 - 12 years exp. (4 salaries)	₹10.9 L/yr - ₹15.5 L/yr 237% more
Sabari Distribution Branch Manager Salary 12 - 15 years exp. (4 salaries)	₹3.2 L/yr - ₹4.6 L/yr 14% less
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IIFL SAMASTA Branch Manager Salary 3 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.8 L/yr 25% less
Ahalia Money Exchange Financial Services Branch Manager Salary 14 - 18 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 35% less
Aakash Educational Services Branch Manager Salary 11 - 13 years exp. (3 salaries)	₹5.5 L/yr - ₹12 L/yr 138% more	3 job openings

Branch Manager salary at NBFC ranges between ₹2.7 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of NBFC.

Experience wise NBFC Branch Manager salaries in Ernakulam

Last Updated: 22 Nov 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr

View all

Top skills at NBFC for Branch Manager

Interpersonal Skills Communication Skills Leadership Skills Management Skills

Salary related reviews for NBFC

Back Office Executive in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Jul 2024

2.0

for Salary and Benefits

Likes

Nbfc are hell for anyone…some of target and money greedy companies wants 100% for employee and want from them to work overtime no holiday in closings and if any festival comes in closing they will not give holiday.. If your employee is not happy how could he work better…

Skill development - Good

+3 more

Dislikes

Work load and salary low

Salary - Poor

+1 more

Bajaj Finance Limited in Mumbai

Asset Based Finance . FD . Secured and Unsecured Loans both.. Department

5.0

• posted on 22 Apr 2019

5.0

for Salary and Benefits

Likes

...gement is very demanding. It's very tough and challenging for middle Management. Compensation , R&R , salary increment is better then competition.

Salary - Excellent

+4 more

Dislikes

Higher management is very demanding. It's very tough and challenging for middle Management. Work Life balance is poor.

Work-life balance - Poor

Assistant Manager

Sales & Business Development Department

4.0

• posted on 04 Oct 2017

4.0

for Salary and Benefits

Likes

Highly motivated teams, proper training, innovations in marketing, helps for a strong foundation in career growth are good aspects

Salary - Good

+1 more

Dislikes

No job security and less career growth less salary, bad work-life balance

Job security - Poor

Assistant Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

Yeah company policy and work managment are really great because I joined 2017 and now I m working same company.

Salary - Good

+6 more

Dislikes

Not any particular as always there is two thing's of anything but it's depend on us that how can we manage or balanced.

Senior Area Collection Manager in Wani

BFSI, Investments & Trading Department

5.0

• posted on 28 Oct 2021

5.0

for Salary and Benefits

Likes

i like the working culture of NBFC in collection segment. as well as there is fast career growth based on performance along with salary increment.

Salary - Excellent

+3 more

Dislikes

In NBFC their is problem of holiday as compare to banking sector.

Work-life balance - Poor

see more salary related reviews

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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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NBFC Branch Manager Salary FAQs

What is the salary of Branch Manager at NBFC in Ernakulam?

The average salary of a Branch Manager at NBFC in Ernakulam typically ranges from ₹2.7 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Branch Manager in Ernakulam at NBFC earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Branch Manager Salaries at NBFC 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 6 NBFC employees in India.

What is the estimated take home salary of a Branch Manager at NBFC in Ernakulam?

The estimated take-home salary of a Branch Manager at NBFC in Ernakulam typically ranges from ₹33,406 to ₹34,669 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 4 years to 10 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 6 salaries received from various employees of NBFC. 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 NBFC in Ernakulam?

To be a Branch Manager at NBFC in Ernakulam, the key skills required include:

- Interpersonal Skills
- Communication Skills
- Leadership Skills
- Management Skills

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

Which companies offer higher salaries than NBFC for Branch Manager in India?

South Indian Bank	₹10.9 Lakhs to ₹15.5 Lakhs per year
Aakash Educational Services	₹5.5 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to NBFC in Ernakulam?

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

Sabari Distribution	₹3.2 Lakhs to ₹4.6 Lakhs per year
IIFL SAMASTA	₹2.2 Lakhs to ₹3.8 Lakhs per year
Ahalia Money Exchange Financial Services	₹2.8 Lakhs to ₹3.0 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 NBFC in Ernakulam?

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

Experience	Average Salary Range
4 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
6 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
7 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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NBFC Branch Manager Salaries in Ernakulam

NBFC Branch Manager salary in Ernakulam ranges between ₹2.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 NBFC latest salaries received from various employees of NBFC.