Protium Finance New Delhi Associate Vice President Salaries by 4 Employees

16 - 20 years exp.

₹16.5 Lakhs - ₹22.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

29% less than the average Associate Vice President Salary in Financial Services Companies for 16 - 20 years of experience

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Last Updated: 23 Aug 2024

Companies similar to Protium Finance for Associate Vice President in New Delhi

Protium Finance Associate Vice President Salary

16 - 20 years exp. (4 salaries)

₹16.5 L/yr - ₹22.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Associate Vice President Salary 6 - 18 years exp. (17 salaries)	₹8.3 L/yr - ₹29.8 L/yr 10% less
Apex Group Associate Vice President Salary 9 - 14 years exp. (5 salaries)	₹17.5 L/yr - ₹26 L/yr 3% less
Login to view exact salary
Pine Labs Associate Vice President Salary 11 - 16 years exp. (5 salaries)	₹30 L/yr - ₹56 L/yr 131% more
SBI Cards & Payment Services Associate Vice President Salary 12 - 17 years exp. (4 salaries)	₹21 L/yr - ₹30 L/yr 38% more
Sharekhan Associate Vice President Salary 14 - 18 years exp. (3 salaries)	₹17.5 L/yr - ₹22.2 L/yr 6% more
Macquarie Group Associate Vice President Salary 12 - 15 years exp. (3 salaries)	₹34.5 L/yr - ₹37.7 L/yr 76% more

Associate Vice President salary at Protium Finance ranges between ₹16.5 Lakhs to ₹22.4 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Protium Finance.

Experience wise Protium Finance Associate Vice President salaries in New Delhi

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹16.5 L/yr - ₹19.6 L/yr
Login to view exact salary

Similar Designation salaries in Protium Finance

Deputy Manager Salary

(5 salaries)

₹4 L/yr - ₹6 L/yr

Chief Manager Salary

(3 salaries)

₹11.5 L/yr - ₹14.55 L/yr

Top skills at Protium Finance for Associate Vice President

Credit Policy Portfolio Management Policy Making Process Improvement

Salary related reviews for Protium Finance

2.4

Rated by 2 employees for salary & benefits

Branch Credit Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

1.0

• posted on 12 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing much

Dislikes

... getting any appraisal, work life balance is a joke in the company and lays off.employees not only in sales but also in all departments if they want cost cutting and no human touch in this company culture. 0.5/5 rating.

Salary - Bad

+6 more

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 22 Dec 2023

5.0

for Salary and Benefits

Likes

They offer good salary and office infrastructure is also good.

Salary - Excellent

Dislikes

Job Security is always at stake in Protium. They lay off twice every year along with small layoffs at any given time of year without any strong reason. Even the people holding highest designation micro manage things.

Skill development - Bad

+5 more

Collection Officer in All City

Full Time

Finance & Accounting Department

1.0

• posted on 17 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...d harassment from his manager thn after he treated very bad to give resignation. He jobless for 2 month and salary got only 12k after proper completing notice period also. Dont go for ths company. Otherwise you also suffer same.

Salary - Bad

+6 more

Branch Credit Manager in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

1.0

• posted on 31 Dec 2024

1.0

for Salary and Benefits

Likes

I don't have any positive comments. I have only bad comments. I am suggesting please no one go to protium.

Dislikes

Working at Protium has been a challenging experience. The company lacks proper work-life balance as promised policies like alternate Saturday offs are not implemented, and leave requests, even for personal or festival occasions, are often denied. The management uses inappropriate language and exerts undue pressure on employees, creating a stressful and toxic environment. Promotions and appraisals seem biased, favoring those who conform rather than recognizing genuine hard work. Additionally, customers face issues like high-interest rates, exorbitant processing fees, and unnecessary insurance charges, which damage trust and the company's reputation. Employees here are expected to sacrifice personal life entirely, which is unsustainable. Protium must prioritize employee well-being, fairness, and customer satisfaction to improve its work culture and credibility.

Salary - Bad

+6 more

Branch Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 05 Nov 2024

3.0

for Salary and Benefits

Likes

Good bonus and increments for performers or favorites

Promotions - Good

Dislikes

High rate of interest. Tough credit policies and bad culture in direct channel. favoritism during appraisals...Senior management have lot of attitude and ego...use foul language...ready to compromise on work ethics for business...HR is useless ..never help in recruitment. No one follow branch timing

Skill development - Bad

+1 more

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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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Protium Finance Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Protium Finance in New Delhi?

The average salary of a Associate Vice President at Protium Finance in New Delhi typically ranges from ₹16.5 Lakhs to ₹22.4 Lakhs per year, depending on experience (from 16 years to 20 years).

The top 10% of Associate Vice President in New Delhi at Protium Finance earn more than ₹19.7 Lakhs per year, and the top 1% earn over ₹19.7 Lakhs per year. Associate Vice President Salaries at Protium 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 4 Protium Finance employees in India.

What is the estimated take home salary of a Associate Vice President at Protium Finance in New Delhi?

The estimated take-home salary of a Associate Vice President at Protium Finance in New Delhi typically ranges from ₹1,34,764 to ₹1,39,721 per month. This is based on the average salary range of ₹16.5 Lakhs to ₹22.4 Lakhs per year for employees with experience ranging from 16 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 4 salaries received from various employees of Protium Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Vice President at Protium Finance in New Delhi?

To be a Associate Vice President at Protium Finance in New Delhi, the key skills required include:

- Credit Policy
- Portfolio Management
- Policy Making
- Process Improvement

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

Which companies offer higher salaries than Protium Finance for Associate Vice President in India?

Pine Labs	₹30.0 Lakhs to ₹56.0 Lakhs per year
Macquarie Group	₹34.5 Lakhs to ₹37.7 Lakhs per year
SBI Cards & Payment Services	₹21.0 Lakhs to ₹30.0 Lakhs per year
Sharekhan	₹17.5 Lakhs to ₹22.2 Lakhs per year

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

What is the salary of a Associate Vice President in companies similar to Protium Finance in New Delhi?

The salary of a Associate Vice President at companies similar to Protium Finance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Apex Group	₹17.5 Lakhs to ₹26.0 Lakhs per year
Kotak Securities	₹8.3 Lakhs to ₹29.8 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 Associate Vice President at Protium Finance in New Delhi?

The salary growth for a Associate Vice President at Protium Finance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Associate Vice President in New Delhi can expect the following growth trajectory at Protium Finance:

Experience	Average Salary Range
15 years	₹16.5 Lakhs to ₹19.6 Lakhs per year

and so on.

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Protium Finance Associate Vice President Salaries in New Delhi

Protium Finance Associate Vice President salary in New Delhi ranges between ₹16.5 Lakhs to ₹22.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Protium Finance latest salaries received from various employees of Protium Finance.