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Shikhar Microfinance Branch Manager salaries in India

Annual salary range
5 - 9 years exp.
₹1.8 Lakh - ₹3.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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72% less than the average Branch Manager Salary in NBFC Companies for 5 - 9 years of experience

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Salaries in different departments

Sales & Business Development
Branch Manager Salary
5 - 7 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.1 L/yr

Finance & Accounting
Branch Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2 L/yr

Procurement & Supply Chain
Branch Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 4 Jun 2023

Companies similar to Shikhar Microfinance for Branch Manager

Company name Avg Annual Salary Open Jobs
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Bandhan Bank Branch Manager Salary

5 - 19 years exp. (450 salaries)

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₹3.8 L/yr - ₹20.3 L/yr

arrow icon 336% more
1 job opening
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₹3.3 L/yr - ₹9.5 L/yr

arrow icon 155% more
2 job openings
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Bharat Financial Inclusion Branch Manager Salary

3 - 10 years exp. (227 salaries)

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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 43% more
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Jana Small Finance Bank Branch Manager Salary

5 - 16 years exp. (213 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 238% more
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Equitas Small Finance Bank Branch Manager Salary

5 - 16 years exp. (250 salaries)

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₹3.6 L/yr - ₹14.5 L/yr

arrow icon 219% more
28 job openings
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Satin Creditcare Network Branch Manager Salary

3 - 10 years exp. (172 salaries)

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₹2.2 L/yr - ₹4.8 L/yr

arrow icon 35% more
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CreditAccess Grameen Branch Manager Salary

5 - 12 years exp. (154 salaries)

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₹1.9 L/yr - ₹6.5 L/yr

arrow icon 53% more
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₹1.4 L/yr - ₹6.1 L/yr

arrow icon 46% more
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Utkarsh Small Finance Bank Branch Manager Salary

5 - 17 years exp. (255 salaries)

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₹3.8 L/yr - ₹14 L/yr

arrow icon 243% more
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Svatantra Microfin Branch Manager Salary

2 - 8 years exp. (94 salaries)

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₹2.1 L/yr - ₹6 L/yr

arrow icon 42% more
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HDB Financial Services Branch Manager Salary

6 - 18 years exp. (301 salaries)

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₹4.4 L/yr - ₹14 L/yr

arrow icon 252% more
13 job openings
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SMFG India Credit Branch Manager Salary

7 - 18 years exp. (175 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 245% more
1 job opening
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Bajaj Finance Branch Manager Salary

4 - 13 years exp. (170 salaries)

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₹2.9 L/yr - ₹8.9 L/yr

arrow icon 144% more
272 job openings
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Bajaj Housing Finance Branch Manager Salary

4 - 10 years exp. (62 salaries)

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₹3 L/yr - ₹9.3 L/yr

arrow icon 151% more
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Srg Housing Finance Branch Manager Salary

5 - 10 years exp. (30 salaries)

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₹3.2 L/yr - ₹7.1 L/yr

arrow icon 105% more
1 job opening
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Sewa Grih Rin Branch Manager Salary

3 - 12 years exp. (28 salaries)

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₹3.4 L/yr - ₹7.2 L/yr

arrow icon 115% more
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Aditya Birla Finance Branch Manager Salary

4 - 12 years exp. (13 salaries)

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₹5.2 L/yr - ₹8.7 L/yr

arrow icon 168% more
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₹5.3 L/yr - ₹9 L/yr

arrow icon 147% more
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₹4 L/yr - ₹5.7 L/yr

arrow icon 99% more
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Paisalo Digital Branch Manager Salary

3 - 13 years exp. (7 salaries)

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₹2.4 L/yr - ₹3.6 L/yr

arrow icon 13% more
View all
Branch Manager salary at Shikhar Microfinance ranges between ₹1.8 Lakh to ₹3.1 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Shikhar Microfinance.

Latest annual salaries shared by Shikhar Microfinance Branch Manager

1y ago
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7 years exp.
1y ago
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9 years exp.
1y ago
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5 years exp.
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7 years exp.

Experience wise Shikhar Microfinance Branch Manager salaries

Last Updated: 4 Jun 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹1.8 L/yr

Similar Designation salaries in Shikhar Microfinance

Area Manager Salary
(5 salaries)
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₹3.32 L/yr - ₹4.34 L/yr
Credit Manager Salary
(7 salaries)
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₹4 L/yr - ₹5 L/yr
Sales Manager Salary
(3 salaries)
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₹3.5 L/yr - ₹4.3 L/yr
Branch Head Salary
(AmbitionBox Estimate)
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₹0.3 L/yr - ₹0.3 L/yr
Senior Branch Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Shikhar Microfinance

4.7

Rated by 4 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 31 Jan 2020

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.. work environment is too good.

  • Skill development - Good
  • +5 more

Dislikes

Compensation is not good.. Incentive is bad.. Company do not pay Incentive at time. Travel claim is not on time.

read more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 11 Sep 2023

5.0
 for  Salary and Benefits

Likes

There are many benefits of working in Shikhar. The first advantage is that Shikhar is a family and secondly the seniors here help each other and take them forward.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Shikhar Company is a best company, there is no such problem in it which may cause problem in our work and we do not like it, there is nothing like that.

read more
see more salary related reviews

Shikhar Microfinance Branch Manager Salary FAQs

What is the salary of Branch Manager at Shikhar Microfinance ?
The average salary of a Branch Manager at Shikhar Microfinance in India typically ranges from ₹1.8 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Branch Manager at Shikhar Microfinance earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Branch Manager Salaries at Shikhar Microfinance 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 Shikhar Microfinance employees in India.
What is the estimated take home salary of a Branch Manager at Shikhar Microfinance in India?
The estimated take-home salary of a Branch Manager at Shikhar Microfinance in India typically ranges from ₹18,170 to ₹19,861 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 5 years 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 Shikhar Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Shikhar Microfinance for Branch Manager in India?
Bandhan Bank ₹3.8 Lakhs to ₹20.3 Lakhs per year
HDB Financial Services ₹4.4 Lakhs to ₹14.0 Lakhs per year
SMFG India Credit ₹4.0 Lakhs to ₹15.0 Lakhs per year
Utkarsh Small Finance Bank ₹3.8 Lakhs to ₹14.0 Lakhs per year
Jana Small Finance Bank ₹4.0 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shikhar Microfinance, depending on the role and experience level.
What is the salary of a Branch Manager in companies similar to Shikhar Microfinance in India?
The salary of a Branch Manager at companies similar to Shikhar Microfinance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Equitas Small Finance Bank ₹3.6 Lakhs to ₹14.5 Lakhs per year
Poonawalla Finance ₹5.8 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Finance ₹5.2 Lakhs to ₹8.7 Lakhs per year
Ujjivan Financial Services ₹3.3 Lakhs to ₹9.5 Lakhs per year
Bajaj Housing Finance ₹3.0 Lakhs to ₹9.3 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 Shikhar Microfinance in India?
The salary growth for a Branch Manager at Shikhar Microfinance depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Shikhar Microfinance:

Experience Average Salary Range
5 years ₹3.0 Lakhs to ₹5.6 Lakhs per year
6 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
7 years ₹1.1 Lakhs to ₹3.1 Lakhs per year
8 years ₹1.8 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

Shikhar Microfinance Branch Manager salary in India ranges between ₹1.8 Lakh to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Shikhar Microfinance latest salaries received from various employees of Shikhar Microfinance.