SBFC Finance Mumbai Manager Salaries by 9 Employees (Updated 2024)

2 - 15 years exp.

₹5 Lakhs - ₹10 Lakhs

Salary of majority employees

53% less than the average Manager Salary in NBFC Companies for 2 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Manager Salary 2 - 15 years exp. (3 salaries)	₹5.3 L/yr - ₹8.1 L/yr
BFSI, Investments & Trading Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹6.4 L/yr - ₹10 L/yr
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Human Resources Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.7 L/yr

Last Updated: 15 May 2024

Companies similar to SBFC Finance for Manager in Mumbai

SBFC Finance Manager Salary

2 - 15 years exp. (9 salaries)

₹5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹4 L/yr - ₹17.5 L/yr 27% more	1 job opening
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹18.5 L/yr 59% more
Login to view exact salary
Axis Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.5 L/yr - ₹18 L/yr 33% more	1 job opening
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹12.8 L/yr 5% more
Bajaj Finance Manager Salary 1 - 10 years exp. (56 salaries)	₹3.6 L/yr - ₹12 L/yr 10% less	2 job openings
Tata Capital Manager Salary 0 - 12 years exp. (174 salaries)	₹5.9 L/yr - ₹19 L/yr 51% more	16 job openings
SBI Cards & Payment Services Manager Salary 5 - 17 years exp. (26 salaries)	₹7.5 L/yr - ₹16 L/yr 72% more	1 job opening
Aditya Birla Capital Manager Salary 1 - 11 years exp. (93 salaries)	₹5.3 L/yr - ₹20 L/yr 65% more
Sammaan Capital Limited Manager Salary 7 - 13 years exp. (13 salaries)	₹4 L/yr - ₹14 L/yr 14% more
Kotak Mahindra Prime Manager Salary 0 - 12 years exp. (55 salaries)	₹5 L/yr - ₹12 L/yr 20% more
Bajaj Housing Finance Manager Salary 1 - 9 years exp. (20 salaries)	₹4.7 L/yr - ₹13 L/yr 5% less
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Tata Capital Housing Finance Manager Salary 3 - 19 years exp. (17 salaries)	₹6.5 L/yr - ₹15 L/yr 60% more
InCred Finance Manager Salary 2 - 8 years exp. (16 salaries)	₹7 L/yr - ₹19.5 L/yr 46% more
BA Continuum Manager Salary 10 - 15 years exp. (14 salaries)	₹12 L/yr - ₹32.5 L/yr 175% more
Ugro Capital Manager Salary 2 - 12 years exp. (8 salaries)	₹9.9 L/yr - ₹13.7 L/yr 41% more
Fedbank Financial Services Manager Salary 4 - 13 years exp. (7 salaries)	₹5.4 L/yr - ₹8.4 L/yr 4% less
Vastu Housing Finance Manager Salary 4 - 18 years exp. (5 salaries)	₹4.5 L/yr - ₹8.5 L/yr 23% less
PNB Housing Finance Manager Salary 5 - 9 years exp. (5 salaries)	₹7.6 L/yr - ₹9.1 L/yr 18% more
Home Credit Finance Manager Salary 5 - 14 years exp. (3 salaries)	₹12 L/yr - ₹18.9 L/yr 130% more	1 job opening

Manager salary at SBFC Finance ranges between ₹5 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 9 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Manager salaries in Mumbai

Last Updated: 15 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹14.7 L/yr
3 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9 L/yr
6 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹14 L/yr
9 years (3 salaries)	₹5 L/yr - ₹13.9 L/yr
10 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
13 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
15+ years (AmbitionBox Estimate)	₹5.9 L/yr - ₹13 L/yr

View all

Similar Designation salaries in SBFC Finance

Credit Manager Salary

(5 salaries)

₹3 L/yr - ₹5 L/yr

Audit Executive Salary

(4 salaries)

₹1.7 L/yr - ₹1.8 L/yr

Top skills at SBFC Finance for Manager

Recruitment Gold Loan Investigation KYC Root Cause Analysis

Salary related reviews for SBFC Finance

5.0

Rated by 2 employees for salary & benefits

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.

Customer Relationship Manager in Jorhat (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 10 Jul 2024

3.0

for Salary and Benefits

Likes

On time salary and timing

Dislikes

Sbfc have no ownership quality ... There was no work culture.. They don't understand about employees emotions.. Reporting Boss and His reporting Boss are totally disgusting people..Also they have no sense for the customers views to understand..

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 .

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

Branch Sales Manager in Ambala

Full Time

Sales & Business Development Department

1.0

• posted on 22 May 2023

1.0

for Salary and Benefits

Likes

In this company, Your designation is BSM as per formality.

Dislikes

Starting first week job pressure start, no job security, every day salary hold warning, MOHIT Cluster manager from Panipat and BRANCH MANAGER Satish kumar from ambala zero team handling experience.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBFC Finance Manager Salary FAQs

What is the salary of Manager at SBFC Finance Mumbai?

Manager salary at SBFC Finance in Mumbai ranges between ₹5.0 Lakhs to ₹10.0 Lakhs for experience between 2 years to 15 years. According to our estimates it is 53% less than the average Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of SBFC Finance Mumbai.

How does the salary of a Manager at SBFC Finance Mumbai compare with the average salary range for this job?

The average salary of a Manager at SBFC Finance is 53% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at SBFC Finance?

Recruitment, Gold Loan, Investigation, KYC and Root Cause Analysis are some of the popular skills required to work as a Manager at SBFC Finance Mumbai.

Which similar companies are paying more than SBFC Finance to a Manager in Mumbai?

BA Continuum Manager Salary - ₹12.0 Lakhs to ₹32.5 Lakhs per year
Home Credit Finance Manager Salary - ₹12.0 Lakhs to ₹18.9 Lakhs per year
SBI Cards & Payment Services Manager Salary - ₹7.5 Lakhs to ₹16.0 Lakhs per year
Aditya Birla Capital Manager Salary - ₹5.3 Lakhs to ₹20.0 Lakhs per year
Tata Capital Housing Finance Manager Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year

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

ICICI Bank Manager Salary - ₹6.0 Lakhs to ₹18.5 Lakhs per year
Tata Capital Manager Salary - ₹5.9 Lakhs to ₹19.0 Lakhs per year
InCred Finance Manager Salary - ₹7.0 Lakhs to ₹19.5 Lakhs per year
Ugro Capital Manager Salary - ₹9.9 Lakhs to ₹13.7 Lakhs per year
Axis Bank Manager Salary - ₹5.5 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Manager at SBFC Finance ranges between ₹57,021 per month to ₹58,454 per month in Mumbai. The take-home salary calculation is based on the average SBFC Finance Manager salary in India which ranges between ₹5.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 2 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Manager at SBFC Finance in Mumbai?

According to AmbitionBox, 60% of the SBFC Finance Managers in Mumbai reported a notice period of 3 Months, 40% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBFC Finance Manager salary in Mumbai ranges between ₹5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 SBFC Finance latest salaries received from various employees of SBFC Finance.