Repco Micro Finance Madurai Branch Manager Salaries by 5 Employees

1 - 9 years exp.

₹2.5 Lakhs - ₹5.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

42% less than the average Branch Manager Salary in Financial Services Companies for 1 - 9 years of experience

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Last Updated: 20 Oct 2024

Companies similar to Repco Micro Finance for Branch Manager in Madurai

Repco Micro Finance Branch Manager Salary

1 - 9 years exp. (5 salaries)

₹2.5 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Branch Manager Salary 2 - 14 years exp. (37 salaries)	₹2 L/yr - ₹4.8 L/yr 9% more	1 job opening
Muthoot Finance Branch Manager Salary 3 - 15 years exp. (28 salaries)	₹3 L/yr - ₹6.3 L/yr 32% more	1 job opening
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Equitas Small Finance Bank Branch Manager Salary 7 - 15 years exp. (23 salaries)	₹4.2 L/yr - ₹11 L/yr 111% more	27 job openings
DBS Bank Branch Manager Salary 9 - 18 years exp. (15 salaries)	₹8.5 L/yr - ₹18 L/yr 262% more
Kosamattam Finance Branch Manager Salary 2 - 9 years exp. (10 salaries)	₹1.5 L/yr - ₹4.3 L/yr 32% less

Branch Manager salary at Repco Micro Finance ranges between ₹2.5 Lakhs to ₹5.1 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Repco Micro Finance.

Experience wise Repco Micro Finance Branch Manager salaries in Madurai

Last Updated: 20 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

View all

Salary related reviews for Repco Micro Finance

Senior Project Coordinator in Chennai

Food, Beverage & Hospitality Department

5.0

• posted on 17 Mar 2021

1.0

for Salary and Benefits

Likes

It's a one of the worst company in NBSC sector because here salary is very low. Then they not increase the salary as per experience. So working staff are very struggle with their life. I was waste my two year.

Skill development - Excellent

Dislikes

Salary is very low and Company is behavior very worst and not respect the employee.

Salary - Bad

+5 more

Senior Manager in Chennai

Full Time

Other Department

1.0

• posted on 21 Dec 2023

3.0

for Salary and Benefits

Likes

No can call.

Job security - Excellent

Dislikes

We are not posted near Location. Work culture is very bad. There is no skill development area. There is no training. One year for confirmation but they are not willing to confirm everyone. If you need any promotion you have wait 5 years not possible. There is no extra benefit like incentives

Skill development - Bad

+4 more

Administration Assistant in Chennai

Full Time

Administration & Facilities Department

2.0

• posted on 04 Nov 2024

3.0

for Salary and Benefits

Likes

Repco is a place where you can experience a vast areas of specialization .

Dislikes

They don't have the patience to reply to employees. Pregnant women are given terrible treatment . I have faced it and don't want any women to face it. If you are pregnant or planning for pregnancy please don't join with the that doesn't care your health.

Job security - Bad

+3 more

Senior Branch Manager in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 30 Jun 2023

2.0

for Salary and Benefits

Likes

Full internal politics, unstructured organization, no policy & policies are breakable....

Dislikes

A single man ruled..... Balamurugan AGM and Vimal AGM form rules.... Full politics.... Maintain 1000crs portfolio(no growth) more than 5 years... No more development....

Salary - Poor

+6 more

Assistant Manager in Chennai

Finance & Accounting Department

5.0

• posted on 05 May 2022

4.0

for Salary and Benefits

Likes

Secure Job when you are loyal to the company,Good ambience to work, while Company's profit increase automatically added some benefits to employees Like as meal card, Performance allowances, Yearly incentive,etc .

Salary - Good

+6 more

Dislikes

No yearly appraisals.But have yearly fixed increment.

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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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Repco Micro Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Repco Micro Finance in Madurai?

The average salary of a Branch Manager at Repco Micro Finance in Madurai typically ranges from ₹2.5 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Branch Manager in Madurai at Repco Micro Finance earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Branch Manager Salaries at Repco Micro 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 5 Repco Micro Finance employees in India.

What is the estimated take home salary of a Branch Manager at Repco Micro Finance in Madurai?

The estimated take-home salary of a Branch Manager at Repco Micro Finance in Madurai typically ranges from ₹27,010 to ₹28,419 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 1 year to 9 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 Repco Micro Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Repco Micro Finance for Branch Manager in India?

DBS Bank	₹8.5 Lakhs to ₹18.0 Lakhs per year
Equitas Small Finance Bank	₹4.2 Lakhs to ₹11.0 Lakhs per year
Muthoot Finance	₹3.0 Lakhs to ₹6.3 Lakhs per year
Muthoot Fincorp	₹2.0 Lakhs to ₹4.8 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to Repco Micro Finance in Madurai?

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

Kosamattam Finance

₹1.5 Lakhs to ₹4.3 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 Repco Micro Finance in Madurai?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹3.8 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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Repco Micro Finance Branch Manager Salaries in Madurai

Repco Micro Finance Branch Manager salary in Madurai ranges between ₹2.5 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Repco Micro Finance latest salaries received from various employees of Repco Micro Finance.