Poonawalla Fincorp AVP Salaries by 9 Employees

8 - 18 years exp.

₹36 Lakhs - ₹46 Lakhs

Low Confidence

Salary of majority employees

39% more than the average AVP Salary in NBFC Companies for 8 - 18 years of experience

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Last Updated: 6 Sep 2024

Companies similar to Poonawalla Fincorp for AVP

Company name	Avg Annual Salary	Open Jobs
IIFL Finance AVP Salary 7 - 15 years exp. (24 salaries)	₹34.4 L/yr - ₹60 L/yr 12% less
Indostar Capital Finance AVP Salary 4 - 28 years exp. (6 salaries)	₹21.5 L/yr - ₹25 L/yr 44% less
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Mahindra Finance AVP Salary 11 - 20 years exp. (6 salaries)	₹27 L/yr - ₹40.3 L/yr 16% less
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Bharat Financial Inclusion AVP Salary 20 - 22 years exp. (4 salaries)	₹39 L/yr - ₹42.5 L/yr 5% less
Kotak Mahindra Prime AVP Salary 4 - 18 years exp. (4 salaries)	₹15.5 L/yr - ₹25 L/yr 52% less
Spandana Sphoorty Financial AVP Salary 11 - 18 years exp. (4 salaries)	₹7.5 L/yr - ₹12.5 L/yr 78% less
Electronica Finance AVP Salary 8 - 17 years exp. (4 salaries)	₹26 L/yr - ₹30 L/yr 33% less
Aavas Financiers AVP Salary 12 - 20 years exp. (4 salaries)	₹10 L/yr - ₹23.8 L/yr 54% less
L&T Finance AVP Salary 4 - 12 years exp. (4 salaries)	₹11 L/yr - ₹31 L/yr 54% less
Ugro Capital AVP Salary 3 - 14 years exp. (4 salaries)	₹15.6 L/yr - ₹27 L/yr 54% less
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Capri Global Capital AVP Salary 17 - 19 years exp. (3 salaries)	₹50 L/yr - ₹55 L/yr 22% more
TVS Credit AVP Salary 15 - 25 years exp. (3 salaries)	₹38 L/yr - ₹69 L/yr 21% more

AVP salary at Poonawalla Fincorp ranges between ₹36 Lakhs to ₹46 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 9 latest salaries received from various employees of Poonawalla Fincorp.

Experience wise Poonawalla Fincorp AVP salaries

Last Updated: 6 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹39 L/yr - ₹73.2 L/yr
9 years (AmbitionBox Estimate)	₹39 L/yr - ₹73.7 L/yr
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10 years (AmbitionBox Estimate)	₹37.1 L/yr - ₹47.4 L/yr
11 years (AmbitionBox Estimate)	₹37.3 L/yr - ₹47.7 L/yr
12 years (3 salaries)	₹16.7 L/yr - ₹44 L/yr
13 years (3 salaries)	₹36 L/yr - ₹46 L/yr
14 years (AmbitionBox Estimate)	₹38.1 L/yr - ₹48.6 L/yr
15+ years (AmbitionBox Estimate)	₹40 L/yr - ₹78.1 L/yr

View all

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General Manager Salary

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Sales Executive Salary

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Salary related reviews for Poonawalla Fincorp

General Manager in Pune

Full Time

Project & Program Management Department

1.0

• posted on 21 Jun 2023

2.0

for Salary and Benefits

Likes

Only PRO about the company is, MARKET REPUTATION. Because of Poonawalla surname, people attract to know if you are working with Poonawalla and that too in that astonishing building in KP

Dislikes

...h in punch out Only Work from Office One or two Saturdays working every month Never pay 100 percent variable Worst medical insurance Bad company policies Extremely stressful environment Put off AC sometimes to save money

Salary - Poor

+5 more

Senior Executive Operations in Prayagraj / Allahabad

BFSI, Investments & Trading Department

2.0

• posted on 01 Feb 2021

1.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive but management is not transparent.Company policies are not good,appraisals are not fair and they give not good salary and hike and bonus every year.

Dislikes

...onals. There is a lot of politics and the management doesn't address our issue .Salary is not decent and no growth.

Salary - Bad

+6 more

Area Officer in Khargone

Sales & Collection Department

4.0

• posted on 13 Nov 2020

4.0

for Salary and Benefits

Likes

Good work environment and culture. and the management is transparent. Company policies are good, they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. On the job training is not given to new joinees.

Senior Field Officer in Lucknow

Business Department

5.0

• posted on 17 Nov 2022

3.0

for Salary and Benefits

Likes

Monthly training and online skill updation programs is well and good for learning and update yourself . If you can't achieve your target in a month you will be completed it's in a quarter.

Skill development - Excellent

+2 more

Dislikes

Salary structure is very poor they mold your basic salary, incentive scheme is change suddenly which is not clear at end of the month. Whenever you understand the incentive structure then company change the scheme. you have many works here accept your department.

Promotions - Poor

Senior Officer in Surat

Research & Development Department

1.0

• posted on 14 Dec 2020

1.0

for Salary and Benefits

Likes

Not like any in working in magma, company policy are very bed

Company culture - Excellent

Dislikes

Management doesent address our issues, salary cut, in this pandemic situation company are not supporting the employees and in pan India many employees are lose their job in magma , bery bed experience with manma

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Poonawalla Fincorp AVP Salary FAQs

What is the salary of AVP at Poonawalla Fincorp ?

The average salary of a AVP at Poonawalla Fincorp in India typically ranges from ₹36.0 Lakhs to ₹46.0 Lakhs per year, depending on experience (from 8 years to 18 years).

The top 10% of AVP at Poonawalla Fincorp earn more than ₹45.2 Lakhs per year, and the top 1% earn over ₹46.0 Lakhs per year. AVP Salaries at Poonawalla Fincorp 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 9 Poonawalla Fincorp employees in India.

What is the estimated take home salary of a AVP at Poonawalla Fincorp in India?

The estimated take-home salary of a AVP at Poonawalla Fincorp in India typically ranges from ₹2,51,358 to ₹2,61,586 per month. This is based on the average salary range of ₹36.0 Lakhs to ₹46.0 Lakhs per year for employees with experience ranging from 8 years to 18 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 9 salaries received from various employees of Poonawalla Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Poonawalla Fincorp for AVP in India?

Capri Global Capital	₹50.0 Lakhs to ₹55.0 Lakhs per year
TVS Credit	₹38.0 Lakhs to ₹69.0 Lakhs per year

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

What is the salary of a AVP in companies similar to Poonawalla Fincorp in India?

The salary of a AVP at companies similar to Poonawalla Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharat Financial Inclusion	₹39.0 Lakhs to ₹42.5 Lakhs per year
IIFL Finance	₹34.4 Lakhs to ₹60.0 Lakhs per year
Mahindra Finance	₹27.0 Lakhs to ₹40.3 Lakhs per year
Electronica Finance	₹26.0 Lakhs to ₹30.0 Lakhs per year
Tata Capital Housing Finance	₹24.0 Lakhs to ₹30.0 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 AVP at Poonawalla Fincorp in India?

The salary growth for a AVP at Poonawalla Fincorp depends on factors such as experience, performance, and promotions. On average, a AVP can expect the following growth trajectory at Poonawalla Fincorp:

Experience	Average Salary Range
8 years	₹39.0 Lakhs to ₹73.2 Lakhs per year
9 years	₹39.0 Lakhs to ₹73.7 Lakhs per year
10 years	₹37.1 Lakhs to ₹47.4 Lakhs per year
11 years	₹37.3 Lakhs to ₹47.7 Lakhs per year

and so on.

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Poonawalla Fincorp AVP Salaries

Poonawalla Fincorp AVP salary in India ranges between ₹36 Lakhs to ₹46 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.