Poonawalla Fincorp Indore Branch Manager Salaries by 5 Employees

10 - 12 years exp.

₹4 Lakhs - ₹7.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

40% less than the average Branch Manager Salary in NBFC Companies for 10 - 12 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 10 - 12 years exp. (3 salaries)	₹4 L/yr - ₹7.3 L/yr
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Finance & Accounting Branch Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.5 L/yr

Last Updated: 15 Mar 2023

Companies similar to Poonawalla Fincorp for Branch Manager in Indore

Poonawalla Fincorp Branch Manager Salary

10 - 12 years exp. (5 salaries)

₹4 L/yr - ₹7.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Branch Manager Salary 2 - 14 years exp. (30 salaries)	₹2.9 L/yr - ₹7 L/yr 21% less
Capri Global Capital Branch Manager Salary 4 - 12 years exp. (16 salaries)	₹3.3 L/yr - ₹6 L/yr 15% less	2 job openings
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MAS Financial Services Branch Manager Salary 7 - 14 years exp. (10 salaries)	₹3.6 L/yr - ₹11.5 L/yr 14% more
Ess Kay Fincorp Branch Manager Salary 4 - 12 years exp. (7 salaries)	₹4 L/yr - ₹6.5 L/yr 14% less
SK Finance Limited Branch Manager Salary 5 - 10 years exp. (6 salaries)	₹3.6 L/yr - ₹5.5 L/yr 28% less
Satin Creditcare Network Branch Manager Salary 5 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹3.6 L/yr 43% less	1 job opening
Mahindra Finance Branch Manager Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹6.7 L/yr 10% less

Branch Manager salary at Poonawalla Fincorp ranges between ₹4 Lakhs to ₹7.3 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Poonawalla Fincorp.

Experience wise Poonawalla Fincorp Branch Manager salaries in Indore

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
11 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
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12 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr

Similar Designation salaries in Poonawalla Fincorp

Credit Manager Salary

(8 salaries)

₹5.3 L/yr - ₹8.6 L/yr

Deputy Manager Salary

(7 salaries)

₹5 L/yr - ₹9.2 L/yr

Area Manager Salary

(3 salaries)

₹4 L/yr - ₹5.77 L/yr

Salary related reviews for Poonawalla Fincorp

Sales Manager in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

The salary benifits such as incentive is good

Salary - Good

Dislikes

The work culture of the company is very bad the way boss talk with there employes are worst they even call at mid night and shout with out any reason they do the same thing whole day.

Job security - Poor

+4 more

Sales Manager in Agra

Full Time

Sales & Business Development Department

2.0

• posted on 29 Oct 2023

5.0

for Salary and Benefits

Likes

Salary on time

Salary - Excellent

+1 more

Dislikes

HR is only for hiring. Lot of pressure for target. After 20th of every month, you have to come to the office and work even on holidays, and you don't get any compensation for it. But this culture has now become common across all NBFC .

Job security - Poor

+2 more

Area Sales Manager in Bhubaneswar

Full Time

Sales & Business Development Department

5.0

• posted on 12 Jun 2022

3.0

for Salary and Benefits

Likes

Good organisation to work under a friendly and learning environment.

Skill development - Excellent

+3 more

Dislikes

Well their is nothing special to dislike except the career growth & the salary structure which is bit less in comparison to the experience & expertise.

Business Development Manager in Gurgaon / Gurugram

Sales & Business Development Department

2.0

• posted on 06 Jul 2020

1.0

for Salary and Benefits

Likes

Cash rich company is paying salary to all employees no layoffs

Dislikes

No learning, no growth, HR is least bothered to resolve ur grievances... Keep working with the prevailing conditions... Do not raise any query as no one will address to it

Salary - Bad

+5 more

Deputy Manager in Begusarai

Other Department

5.0

• posted on 22 Sep 2019

4.0

for Salary and Benefits

Likes

Yes, Good culture in magma with all vertical.

Salary - Good

+6 more

Dislikes

Some times to see some here is no value for our old staff. Same position working and good performance giving after that new staff salary is high and old staff has to low. request to our management at list keep near. other this staff demotivate. pls need to revise. if any one person work with organisation from long time this is not good.

see more salary related reviews

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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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Poonawalla Fincorp Branch Manager Salary FAQs

What is the salary of Branch Manager at Poonawalla Fincorp in Indore?

The average salary of a Branch Manager at Poonawalla Fincorp in Indore typically ranges from ₹4.0 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 10 years to 12 years).

The top 10% of Branch Manager in Indore at Poonawalla Fincorp earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹7.3 Lakhs per year. Branch Manager 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 5 Poonawalla Fincorp employees in India.

What is the estimated take home salary of a Branch Manager at Poonawalla Fincorp in Indore?

The estimated take-home salary of a Branch Manager at Poonawalla Fincorp in Indore typically ranges from ₹47,536 to ₹48,661 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 10 years to 12 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 Poonawalla Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

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

MAS Financial Services

₹3.6 Lakhs to ₹11.5 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 Branch Manager in companies similar to Poonawalla Fincorp in Indore?

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

Mahindra Finance	₹4.0 Lakhs to ₹6.7 Lakhs per year
Ess Kay Fincorp	₹4.0 Lakhs to ₹6.5 Lakhs per year
Capri Global Capital	₹3.3 Lakhs to ₹6.0 Lakhs per year
Shriram Finance	₹2.9 Lakhs to ₹7.0 Lakhs per year
SK Finance Limited	₹3.6 Lakhs to ₹5.5 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 at Poonawalla Fincorp in Indore?

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

Experience	Average Salary Range
10 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
11 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
12 years	₹5.8 Lakhs to ₹7.4 Lakhs per year

and so on.

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Poonawalla Fincorp Branch Manager Salaries in Indore

Poonawalla Fincorp Branch Manager salary in Indore ranges between ₹4 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.