SBFC Finance Mumbai Branch Manager Salaries by 5 Employees

5 - 12 years exp.

₹3.4 Lakhs - ₹5.8 Lakhs

Salary of majority employees

52% less than the average Branch Manager Salary in NBFC Companies for 5 - 12 years of experience

Interested in this particular role? 3 job openings

Last Updated: 4 Jun 2024

Companies similar to SBFC Finance for Branch Manager in Mumbai

SBFC Finance Branch Manager Salary

5 - 12 years exp. (5 salaries)

₹3.4 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Fedbank Financial Services Branch Manager Salary 5 - 14 years exp. (15 salaries)	₹4.3 L/yr - ₹7 L/yr 15% more
Shubham Housing Development Finance Branch Manager Salary 7 - 13 years exp. (11 salaries)	₹3.4 L/yr - ₹7.2 L/yr 28% more
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MAS Financial Services Branch Manager Salary 4 - 12 years exp. (11 salaries)	₹4.3 L/yr - ₹12.5 L/yr 41% more
Kinara Capital Branch Manager Salary 7 - 13 years exp. (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr 7% less
ICICI Bank Branch Manager Salary 5 - 20 years exp. (222 salaries)	₹6.3 L/yr - ₹25.1 L/yr 170% more

Branch Manager salary at SBFC Finance ranges between ₹3.4 Lakhs to ₹5.8 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Branch Manager salaries in Mumbai

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.8 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.9 L/yr
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7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.6 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10 L/yr

View all

Similar Designation salaries in SBFC Finance

Branch Sales Manager Salary

(29 salaries)

₹2.2 L/yr - ₹4.5 L/yr

Credit Manager Salary

(6 salaries)

₹3 L/yr - ₹5 L/yr

Top skills at SBFC Finance for Branch Manager

Gold Loan Branch Management Sales Gold Loan Sales Management Branch Operations Sales Planning Revenue Generation Branch Sales Marketing Salesforce Lap gold Gold Loan Operations Team Handling

Salary related reviews for SBFC Finance

4.0

Rated by 7 employees for salary & benefits

Branch Manager in Jaipur

BFSI, Investments & Trading Department

1.0

• posted on 22 Jan 2021

1.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of policies and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you can't resign. On the job training is not given to new joiners.

Salary - Bad

+6 more

Branch Manager in Sivasagar

BFSI, Investments & Trading Department

1.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

Giving salary on time.

Dislikes

Very worst company to work with. There is no value of HR policies, no working hours, no working days, no balance personal life, no final settlement after leaving the company, no relieving letter. Company spoil your career. I advise not to join the company.

Salary - Bad

+6 more

Branch Sales Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Mar 2024

1.0

for Salary and Benefits

Likes

No reason to like SBFC. all managers are worst in everything. Broken chairs , old school computers eating employees salary by making them victim . HR s are worst in system. Not giving salary . not clearing cases just taking login fees from customer and rejecting the cases. Work starts at 8 am and 11pm should be in office (godown)

Dislikes

Entire company. Yelahanka branch Greatest ASM Mr Devaraj has no money to run his family . Cheating and begging are his part time job inside office.

Salary - Bad

+6 more

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing to like here Infact this question should not be asked here . The work culture is terrible .

Dislikes

...hey have also mentioned this as a clause in your working terms and conditions. Here F and F consist of Two months salary and Settlement amount . Which they will try every possible way to not to clear it. No HR is going to help you any of your issue . After resignation you will get to hear every Threatening messages from Senior management . They will hold your F and F , Ruin your Career, No experience letter and what not . The biggest proof is you will find only new employees in the floor .All the old ones are Either the sugar baby or Relatives of Senior Managers .

Salary - Bad

+6 more

Branch Sales Manager in Ajmer

Full Time

Sales & Business Development Department

1.0

• posted on 30 Jan 2024

1.0

for Salary and Benefits

Likes

Senior does unauthorise pressure This is only finance company issued PIP in one month of joining and hold the salary and remove you... I am the witness of this happened

Dislikes

Each and every thing dislike there Mostly seniors such as ABM, BM, RBH specifically Sab apne aap ko raja samjte hain HR bas naam ka HR hain woh bhi in gulam hota hain

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SBFC Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at SBFC Finance in Mumbai?

The average salary of a Branch Manager at SBFC Finance in Mumbai typically ranges from ₹3.4 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Branch Manager in Mumbai at SBFC Finance earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Branch Manager Salaries at SBFC 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 SBFC Finance employees in India.

What is the estimated take home salary of a Branch Manager at SBFC Finance in Mumbai?

The estimated take-home salary of a Branch Manager at SBFC Finance in Mumbai typically ranges from ₹39,938 to ₹41,104 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 5 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 SBFC 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 SBFC Finance in Mumbai?

To be a Branch Manager at SBFC Finance in Mumbai, the key skills required include:

- Gold Loan
- Branch Management
- Sales
- Gold Loan
- Sales Management

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

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

ICICI Bank	₹6.3 Lakhs to ₹25.1 Lakhs per year
MAS Financial Services	₹4.3 Lakhs to ₹12.5 Lakhs per year
Shubham Housing Development Finance	₹3.4 Lakhs to ₹7.2 Lakhs per year
Fedbank Financial Services	₹4.3 Lakhs to ₹7.0 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to SBFC Finance in Mumbai?

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

Kinara Capital

₹3.5 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 SBFC Finance in Mumbai?

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

Experience	Average Salary Range
5 years	₹3.4 Lakhs to ₹8.8 Lakhs per year
6 years	₹3.4 Lakhs to ₹8.9 Lakhs per year
7 years	₹3.6 Lakhs to ₹9.1 Lakhs per year
8 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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SBFC Finance Branch Manager Salaries in Mumbai

SBFC Finance Branch Manager salary in Mumbai ranges between ₹3.4 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBFC Finance latest salaries received from various employees of SBFC Finance.