Reliance Securities Indore Branch Manager Salaries by 3 Employees

10 - 15 years exp.

₹5 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% less than the average Branch Manager Salary in Financial Services Companies for 10 - 15 years of experience

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Last Updated: 5 Jan 2024

Companies similar to Reliance Securities for Branch Manager in Indore

Reliance Securities Branch Manager Salary

10 - 15 years exp. (3 salaries)

₹5 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Home First Finance Company India Branch Manager Salary 4 - 8 years exp. (8 salaries)	₹6.9 L/yr - ₹12.2 L/yr 82% more
IndusInd Bank Branch Manager Salary 6 - 20 years exp. (64 salaries)	₹4.9 L/yr - ₹18 L/yr 102% more	123 job openings
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IDFC FIRST Bank Branch Manager Salary 6 - 18 years exp. (51 salaries)	₹5.6 L/yr - ₹21.5 L/yr 131% more	3 job openings
Kotak Mahindra Bank Branch Manager Salary 8 - 20 years exp. (32 salaries)	₹8.8 L/yr - ₹20 L/yr 192% more	1 job opening
Shriram Finance Branch Manager Salary 2 - 14 years exp. (30 salaries)	₹2.9 L/yr - ₹7 L/yr 12% less

Branch Manager salary at Reliance Securities ranges between ₹5 Lakhs to ₹6 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Securities.

Experience wise Reliance Securities Branch Manager salaries in Indore

Last Updated: 5 Jan 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
14 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
15+ years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Reliance Securities

Relationship Manager Salary

(3 salaries)

₹2 L/yr - ₹3.6 L/yr

Salary related reviews for Reliance Securities

Sales Executive in Dehradun

Other Department

1.0

• posted on 29 Sep 2020

1.0

for Salary and Benefits

Likes

Bad experience with work in reliance securities..As per discussion at interview time there was not given any information about salary deduction... And told me that salary is fixed but now they are saying about deduction if target will not achieved...That's why i am leaving this job..And one more thing my Salary is not issue yet of my working days i have done here....

Dislikes

Salary - Bad
Skill development - Bad

+5 more

Relationship Manager

Equity market Department

4.0

• posted on 08 Aug 2017

3.0

for Salary and Benefits

Likes

Incintive can able to earn more than anual salary in year .Job safety

Skill development - Good

+1 more

Dislikes

Some products are not good to sell but company force to sell the same products it will effect to company growth in future and for employs also

Work satisfaction - Poor

Cheif Financial Officer in Goregoan Mumbai

Finance & Accounting Department

5.0

• posted on 29 Jan 2022

5.0

for Salary and Benefits

Likes

...freedom to express ur views..celebration of festivals.... growth opportunity....Company policies are gud, appraisals are fair and they give bonus every year.

Salary - Excellent

+6 more

Dislikes

Company's growth is little lagging in comparison to peers.

Head Of Product in Goregaon

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2021

2.0

for Salary and Benefits

Likes

It's a place where one gets to learn, but with a sword hanging over your head !

Skill development - Excellent

Dislikes

HR policies are terrible, extention of bonus retrenchment date, is communicated 3 days prior to expiry. Employees are disappointed!

Salary - Poor

+4 more

Client Servicing Executive in Kolhapur

Sales executive Department

3.0

• posted on 02 Jun 2020

1.0

for Salary and Benefits

Likes

No salary payout as per the offer letter criteria. There was no such discussion in interview process that our salary pay will be based on deals target.full time 7days/week effective 22nd March.no salary slip given from date of joining.and don't have official PF no. I agree due to pandemic situation company is facing loss .this doesn't mean to cut salary as described in the offer letter.although I'm putting my 100% effort .no proper precautions sanitization taken in office area risking employees health

Dislikes

No proper precautions sanitization taken in office area risking employees health.not paying salary as per mentioned in offer letter criteria.. Not giving a single week off after 22nd March

Salary - Bad

+6 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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Reliance Securities Branch Manager Salary FAQs

How the salary growth look like for a Branch Manager at Reliance Securities in Indore?

The salary growth for a Branch Manager at Reliance Securities 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 Reliance Securities:

Experience	Average Salary Range
10 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
11 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
12 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
13 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Reliance Securities Branch Manager Salaries in Indore

Reliance Securities Branch Manager salary in Indore ranges between ₹5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance Securities latest salaries received from various employees of Reliance Securities.