SFI Financial Services Associate Branch Manager Salaries by 4 Employees

3 - 6 years exp.

₹2.9 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

55% less than the average Associate Branch Manager Salary for 3 - 6 years of experience

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Salaries in different departments

Finance & Accounting Associate Branch Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr
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BFSI, Investments & Trading Associate Branch Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 4 May 2023

Companies similar to SFI Financial Services for Associate Branch Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Associate Branch Manager Salary 3 - 20 years exp. (22 salaries)	₹5.8 L/yr - ₹9.1 L/yr 137% more
Reliance Nippon Life Insurance Associate Branch Manager Salary 8 - 17 years exp. (8 salaries)	₹5.2 L/yr - ₹7.5 L/yr 123% more
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HDFC Life Associate Branch Manager Salary 9 - 15 years exp. (7 salaries)	₹5.8 L/yr - ₹7.8 L/yr 124% more
Tata AIA Life Insurance Associate Branch Manager Salary 8 - 19 years exp. (6 salaries)	₹6 L/yr - ₹7.8 L/yr 122% more
Pramerica Life Insurance Associate Branch Manager Salary 7 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹6.5 L/yr 91% more

Associate Branch Manager salary at SFI Financial Services ranges between ₹2.9 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of SFI Financial Services.

Experience wise SFI Financial Services Associate Branch Manager salaries

Last Updated: 4 May 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

Similar Designation salaries in SFI Financial Services

Branch Manager Salary

(4 salaries)

₹3 L/yr - ₹5 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

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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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SFI Financial Services Associate Branch Manager Salary FAQs

What is the salary of Associate Branch Manager at SFI Financial Services ?

The average salary of a Associate Branch Manager at SFI Financial Services in India typically ranges from ₹2.9 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Associate Branch Manager at SFI Financial Services earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Associate Branch Manager Salaries at SFI Financial Services 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 4 SFI Financial Services employees in India.

What is the estimated take home salary of a Associate Branch Manager at SFI Financial Services in India?

The estimated take-home salary of a Associate Branch Manager at SFI Financial Services in India typically ranges from ₹22,194 to ₹23,675 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 6 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 4 salaries received from various employees of SFI Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SFI Financial Services for Associate Branch Manager in India?

SBI Life Insurance Company	₹5.8 Lakhs to ₹9.1 Lakhs per year
HDFC Life	₹5.8 Lakhs to ₹7.8 Lakhs per year
Reliance Nippon Life Insurance	₹5.2 Lakhs to ₹7.5 Lakhs per year
Tata AIA Life Insurance	₹6.0 Lakhs to ₹7.8 Lakhs per year
Pramerica Life Insurance	₹4.8 Lakhs to ₹6.5 Lakhs per year

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

How the salary growth look like for a Associate Branch Manager at SFI Financial Services in India?

The salary growth for a Associate Branch Manager at SFI Financial Services depends on factors such as experience, performance, and promotions. On average, a Associate Branch Manager can expect the following growth trajectory at SFI Financial Services:

Experience	Average Salary Range
3 years	₹1.2 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.9 Lakhs to ₹5.5 Lakhs per year
5 years	₹2.9 Lakhs to ₹5.7 Lakhs per year
6 years	₹1.3 Lakhs to ₹3.5 Lakhs per year

and so on.

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SFI Financial Services Associate Branch Manager Salaries

SFI Financial Services Associate Branch Manager salary in India ranges between ₹2.9 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SFI Financial Services latest salaries received from various employees of SFI Financial Services.