Shriram Finance Business Associate Salaries by 40+ Employees (Updated 2025)

0 - 5 years exp.

₹1.5 Lakh - ₹3 Lakhs

Salary of majority employees

57% less than the average Business Associate Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting Business Associate Salary 0 - 5 years exp. (13 salaries)	₹1.5 L/yr - ₹3 L/yr
BFSI, Investments & Trading Business Associate Salary 0 - 1 year exp. (4 salaries)	₹1.7 L/yr - ₹2.4 L/yr
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Sales & Business Development Business Associate Salary 0 - 4 years exp. (3 salaries)	₹1.7 L/yr - ₹2.5 L/yr
Customer Success, Service & Operations Business Associate Salary Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
IT & Information Security Business Associate Salary 0 - 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3 L/yr

View all

Last Updated: 22 Jan 2025

Companies similar to Shriram Finance for Business Associate

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Business Associate Salary 0 - 6 years exp. (10 salaries)	₹1.5 L/yr - ₹2.9 L/yr 20% more
IIFL Finance Business Associate Salary 0 - 15 years exp. (5 salaries)	₹1.5 L/yr - ₹19.1 L/yr 370% more
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Sundaram Finance Business Associate Salary 0 - 3 years exp. (5 salaries)	₹1.2 L/yr - ₹2.7 L/yr At par
Kotak Mahindra Prime Business Associate Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.4 L/yr 42% more
Five-Star Business Finance Business Associate Salary 0 - 7 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 1% less

Business Associate salary at Shriram Finance ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 45 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Business Associate salaries

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
Fresher (19 salaries)	₹1.7 L/yr - ₹2.5 L/yr
1 year (8 salaries)	₹1.7 L/yr - ₹2.4 L/yr
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2 years (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr
3 years (7 salaries)	₹1.5 L/yr - ₹3 L/yr
4 years (4 salaries)	₹2 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr

View all

Similar Designation salaries in Shriram Finance

Business Analyst Salary

(7 salaries)

₹2.8 L/yr - ₹7 L/yr

Senior Associate Salary

(4 salaries)

₹2.5 L/yr - ₹3.26 L/yr

Senior Analyst Salary

(3 salaries)

₹2 L/yr - ₹4.3 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Team Lead Salary

(72 salaries)

₹1.8 L/yr - ₹5.6 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.3 L/yr

Data Analyst Salary

(11 salaries)

₹1.8 L/yr - ₹6 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Data Scientist Salary

(AmbitionBox Estimate)

₹47.6 L/yr - ₹52.6 L/yr

Product Manager Salary

(56 salaries)

₹2.15 L/yr - ₹9.68 L/yr

Salary related reviews for Shriram Finance

3.2

Rated by 12 employees for salary & benefits

Business Associate in Chennai

Sales & Marketing Department

3.0

• posted on 07 Jul 2022

3.0

for Salary and Benefits

Likes

Gud work culture. They spent lots of money to showing this company is a very high economy growth of others

Skill development - Good

+1 more

Dislikes

Managers and collection managers behave disrespectful against Executives. If you leave the job, they hold your salary. And not giving proper answer

Promotions - Poor

Deputy Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jul 2023

4.0

for Salary and Benefits

Likes

Best Working culture, seniors very supportive, friendly, lots of learning, we get a chance to explore ourself, lots of opportunities for learning new things. Equal treatment. Treating as one family.

Salary - Good

+6 more

Dislikes

...nough per year but salary increment is poor. it does not meet our requirements . Salary hike very low.

Deputy Manager in Indore

Full Time

Business Processing Department

3.0

• posted on 30 May 2021

3.0

for Salary and Benefits

Likes

Salary is always credited on time.

Job security - Good

Dislikes

... employee they have to do GI,LI,FD,RD,Medical Insurance,PA,PL,Sl and collection.Slow growth and salary is very low.

Skill development - Poor

+3 more

Deputy Manager in Tiruchirappalli

BFSI, Investments & Trading Department

4.0

• posted on 19 Apr 2022

3.0

for Salary and Benefits

Likes

I didn't get my recognition because of the management level is worst. Company policies are good but salary hike is only higher level. Proudly saying they give bonus every year.

Company culture - Good

Dislikes

Am worked 8 years of our concern but I didn't get my recognition. Very lower salary given. Career development is zero. There is lot of politics unfortunately I resigned my job.

Skill development - Poor

+4 more

Deputy Manager in Chennai

BFSI, Investments & Trading Department

4.0

• posted on 30 Mar 2019

2.0

for Salary and Benefits

Likes

Skill development and learning in very good Freshers know about NBFC all aspects in this company. Credit policy good.

Skill development - Good

Dislikes

Work life balance very poor. Salary and increment very low. Company reduce incentives certain periodical wise for accounts and Back office peoples

Salary - Poor

+2 more

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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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Shriram Finance Business Associate Salary FAQs

What is the salary of Business Associate at Shriram Finance ?

The average salary of a Business Associate at Shriram Finance in India typically ranges from ₹1.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Business Associate at Shriram Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Business Associate Salaries at Shriram 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 40+ Shriram Finance employees in India.

What is the estimated take home salary of a Business Associate at Shriram Finance in India?

The estimated take-home salary of a Business Associate at Shriram Finance in India typically ranges from ₹15,058 to ₹16,630 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 40+ salaries received from various employees of Shriram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram Finance for Business Associate in India?

IIFL Finance	₹1.5 Lakhs to ₹19.1 Lakhs per year
Kotak Mahindra Prime	₹3.0 Lakhs to ₹3.4 Lakhs per year
Mahindra Finance	₹1.5 Lakhs to ₹2.9 Lakhs per year

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

What is the salary of a Business Associate in companies similar to Shriram Finance in India?

The salary of a Business Associate at companies similar to Shriram Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sundaram Finance	₹1.2 Lakhs to ₹2.7 Lakhs per year
Five-Star Business Finance	₹1.8 Lakhs to ₹3.0 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 Business Associate at Shriram Finance in India?

The salary growth for a Business Associate at Shriram Finance depends on factors such as experience, performance, and promotions. On average, a Business Associate can expect the following growth trajectory at Shriram Finance:

Experience	Average Salary Range
Fresher	₹1.7 Lakhs to ₹2.5 Lakhs per year
1 year	₹1.7 Lakhs to ₹2.4 Lakhs per year
2 years	₹1.5 Lakhs to ₹2.2 Lakhs per year
3 years	₹1.5 Lakhs to ₹3.0 Lakhs per year

and so on.

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Shriram Finance Business Associate Salaries by Location

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Shriram Finance Business Associate Salaries

Shriram Finance Business Associate salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 45 Shriram Finance latest salaries received from various employees of Shriram Finance.

Shriram Finance Business Associate salaries in India (Updated 2025)

Companies similar to Shriram Finance for Business Associate

Latest annual salaries shared by Shriram Finance Business Associate

Experience wise Shriram Finance Business Associate salaries

Similar Designation salaries in Shriram Finance

Salary related reviews for Shriram Finance

Business Associate in Chennai

Deputy Manager in Nagpur

Deputy Manager in Indore

Deputy Manager in Tiruchirappalli

Deputy Manager in Chennai

Shriram Finance Business Associate Salary FAQs

Tell us how to improve this page.

Shriram Finance Business Associate Salaries by Location