Sakthi Finance Chennai Branch Manager Salaries by 6 Employees

10 - 14 years exp.

₹4.7 Lakhs - ₹7.2 Lakhs

Salary of majority employees

38% less than the average Branch Manager Salary in Financial Services Companies for 10 - 14 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 10 - 14 years exp. (3 salaries)	₹4.7 L/yr - ₹7.1 L/yr
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BFSI, Investments & Trading Branch Manager Salary 13 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹7.2 L/yr

Last Updated: 16 Mar 2024

Companies similar to Sakthi Finance for Branch Manager in Chennai

Sakthi Finance Branch Manager Salary

10 - 14 years exp. (6 salaries)

₹4.7 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Stock Holding Corporation of India Branch Manager Salary 13 - 18 years exp. (3 salaries)	₹8 L/yr - ₹9 L/yr 21% more
ICICI Bank Branch Manager Salary 5 - 21 years exp. (211 salaries)	₹5.7 L/yr - ₹21.2 L/yr 106% more
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HDFC Bank Branch Manager Salary 6 - 23 years exp. (140 salaries)	₹6.3 L/yr - ₹25.7 L/yr 129% more	18 job openings
Muthoot Finance Branch Manager Salary 2 - 17 years exp. (88 salaries)	₹2.4 L/yr - ₹7 L/yr 27% less	2 job openings
Muthoot Fincorp Branch Manager Salary 3 - 15 years exp. (85 salaries)	₹2.2 L/yr - ₹5.5 L/yr 38% less	1 job opening

Branch Manager salary at Sakthi Finance ranges between ₹4.7 Lakhs to ₹7.2 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Sakthi Finance.

Experience wise Sakthi Finance Branch Manager salaries in Chennai

Last Updated: 16 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.6 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
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12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.7 L/yr
13 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.2 L/yr
14 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹11.9 L/yr

Similar Designation salaries in Sakthi Finance

Relationship Manager Salary

(3 salaries)

₹3.15 L/yr - ₹3.5 L/yr

Top skills at Sakthi Finance for Branch Manager

Branch Management Life Insurance Team Management Sales Team Handling Cross Selling General Insurance General Insurance Operations Sales Life Insurance Financial Services Branch Management Mutual Funds Operations

Salary related reviews for Sakthi Finance

Manager- Regional Collections in Coimbatore

Other Department

5.0

• posted on 12 Jun 2020

3.0

for Salary and Benefits

Likes

...ompany at various levels. His priority care is mainly with safety of employees. Salary of all the employees are give in time which is most important survival factor during this pandemic. which is very grateful.

Skill development - Excellent

+4 more

Dislikes

Growth

Intern in Coimbatore

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Mar 2024

3.0

for Salary and Benefits

Likes

Yess I kw u will be honest with you ok with you and your family a very happy birthday to you ok with you and your

Dislikes

No gos from the options of technology and yeah I kw u will be honest with you and your family a very happy birthday to you and your family a very happy birthday to you and your family a very

Skill development - Poor

+4 more

Credit Officer in Coimbatore

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Apr 2023

2.0

for Salary and Benefits

Likes

Work life balance Is good here.. Company as a whole is like a family.. 100 percent job security.

Skill development - Excellent

+4 more

Dislikes

Performance appraisal needs to be done.. should be more technical . Employee stress management sessions should be conducted. Employee suggestions for company growth should be asked.

Salary - Poor

+1 more

Collection Officer in Coimbatore

Human Resources Department

5.0

• posted on 22 Apr 2022

5.0

for Salary and Benefits

Likes

No corporate politics are here. Here's the higher officials career are started by executive level and grew up. Hardwork are recognised by higher officials in time.

Salary - Excellent

+6 more

Dislikes

The only thing here is no incentive scheme in collection

Assistant Manager in Coimbatore

Sales & Business Development Department

4.0

• posted on 14 Jun 2020

3.0

for Salary and Benefits

Likes

They gave us a good supporting environment,and they really follows what they are, many companies thinks how to drop thi se employees but they are not like that.. It's not like a word it's from the heart they have a good culture...

Job security - Excellent

+4 more

Dislikes

Nil

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Sakthi Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Sakthi Finance in Chennai?

The average salary of a Branch Manager at Sakthi Finance in Chennai typically ranges from ₹4.7 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Branch Manager in Chennai at Sakthi Finance earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Branch Manager Salaries at Sakthi 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 6 Sakthi Finance employees in India.

What is the estimated take home salary of a Branch Manager at Sakthi Finance in Chennai?

The estimated take-home salary of a Branch Manager at Sakthi Finance in Chennai typically ranges from ₹51,202 to ₹52,410 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 10 years to 14 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 6 salaries received from various employees of Sakthi Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Sakthi Finance in Chennai?

To be a Branch Manager at Sakthi Finance in Chennai, the key skills required include:

- Branch Management
- Life Insurance
- Team Management
- Sales
- Team Handling

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

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

HDFC Bank	₹6.3 Lakhs to ₹25.7 Lakhs per year
ICICI Bank	₹5.7 Lakhs to ₹21.2 Lakhs per year
Stock Holding Corporation of India	₹8.0 Lakhs to ₹9.0 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to Sakthi Finance in Chennai?

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

Muthoot Finance	₹2.4 Lakhs to ₹7.0 Lakhs per year
Muthoot Fincorp	₹2.2 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 Sakthi Finance in Chennai?

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

Experience	Average Salary Range
10 years	₹2.6 Lakhs to ₹6.6 Lakhs per year
11 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
12 years	₹6.5 Lakhs to ₹11.7 Lakhs per year
13 years	₹2.6 Lakhs to ₹7.2 Lakhs per year

and so on.

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Sakthi Finance Branch Manager Salaries in Chennai

Sakthi Finance Branch Manager salary in Chennai ranges between ₹4.7 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Sakthi Finance latest salaries received from various employees of Sakthi Finance.