Shriram Finance Divisional Manager Salaries by 20+ Employees (Updated 2025)

9 - 17 years exp.

₹3.3 Lakhs - ₹8.5 Lakhs

Salary of majority employees

66% less than the average Divisional Manager Salary in NBFC Companies for 9 - 17 years of experience

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Salaries in different departments

Finance & Accounting Divisional Manager Salary 9 - 16 years exp. (10 salaries)	₹3.8 L/yr - ₹7 L/yr
Sales & Business Development Divisional Manager Salary 9 - 17 years exp. (7 salaries)	₹4.6 L/yr - ₹8.5 L/yr
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BFSI, Investments & Trading Divisional Manager Salary 12 - 15 years exp. (3 salaries)	₹4.7 L/yr - ₹6.9 L/yr
Marketing & Communication Divisional Manager Salary 12 - 17 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹6 L/yr

Last Updated: 3 Mar 2025

Companies similar to Shriram Finance for Divisional Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Divisional Manager Salary 9 - 22 years exp. (215 salaries)	₹7.2 L/yr - ₹26 L/yr 188% more	1 job opening
Bharat Financial Inclusion Divisional Manager Salary 0 - 17 years exp. (163 salaries)	₹5.6 L/yr - ₹15.2 L/yr 54% more
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Spandana Sphoorty Financial Divisional Manager Salary 3 - 18 years exp. (9 salaries)	₹4.8 L/yr - ₹10 L/yr 10% more
IIFL Finance Divisional Manager Salary 5 - 11 years exp. (8 salaries)	₹3.5 L/yr - ₹8.5 L/yr 10% less
L&T Finance Divisional Manager Salary 1 - 16 years exp. (7 salaries)	₹6.4 L/yr - ₹15.7 L/yr 123% more
Muthoot Fincorp Divisional Manager Salary 2 - 12 years exp. (5 salaries)	₹3.6 L/yr - ₹8.7 L/yr 14% less
Kogta Financial India Limited Divisional Manager Salary 13 - 15 years exp. (4 salaries)	₹10 L/yr - ₹13 L/yr 99% more
Satin Creditcare Network Divisional Manager Salary 8 - 10 years exp. (3 salaries)	₹5.5 L/yr - ₹6.1 L/yr 5% less

Divisional Manager salary at Shriram Finance ranges between ₹3.3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 26 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Divisional Manager salaries

Last Updated: 3 Mar 2025

Experience	Avg Annual Salary
9 years (4 salaries)	₹3.8 L/yr - ₹7 L/yr
10 years (5 salaries)	₹4.2 L/yr - ₹7 L/yr
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11 years (4 salaries)	₹5.5 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.9 L/yr
13 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.9 L/yr
14 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
15+ years (8 salaries)	₹4.7 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in Shriram Finance

Regional Manager Salary

(20 salaries)

₹6 L/yr - ₹15.25 L/yr

Business Manager Salary

(39 salaries)

₹3 L/yr - ₹9 L/yr

Senior Sales Manager Salary

(4 salaries)

₹8.4 L/yr - ₹11 L/yr

Branch Manager Salary

(272 salaries)

₹2.35 L/yr - ₹7.35 L/yr

Area Manager Salary

(6 salaries)

₹3 L/yr - ₹9 L/yr

Marketing Manager Salary

(11 salaries)

₹1.1 L/yr - ₹5 L/yr

Relationship Manager Salary

(124 salaries)

₹1.8 L/yr - ₹6.85 L/yr

Deputy Manager Salary

(197 salaries)

₹2.3 L/yr - ₹9.4 L/yr

Territory Manager Salary

(4 salaries)

₹4.2 L/yr - ₹10 L/yr

Sales Manager Salary

(130 salaries)

₹2 L/yr - ₹10 L/yr

Salary related reviews for Shriram Finance

4.8

Rated by 7 employees for salary & benefits

Divisional Manager in Indore

BFSI, Investments & Trading Department

5.0

• posted on 10 Sep 2020

1.0

for Salary and Benefits

Likes

during lockdown period company pressurize for EMI recovery. even back office staff was suppose to engage in recovery. when every body was thinking about survival we were pressurizing our customer to repay the loan EMI. very irresponsible behavior by the company toward the customers.

Skill development - Good

+1 more

Dislikes

no training, salary is very less.

Salary - Bad

+4 more

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.

Branch Manager in Kanpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2023

3.0

for Salary and Benefits

Likes

I am working here last 2 yrs as a Branch manager in life insurance, job security for a long time for good candidates.. Work-life balance and earning so much in life insurance and FD targets.

Job security - Good

+4 more

Dislikes

Salary package short on BM profile

Branch Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 28 May 2023

3.0

for Salary and Benefits

Likes

Company norms, policies and insensitive structure very good.

Company culture - Excellent

Dislikes

Low salary, torcher, no growth, any movement position downfall, no office timings, no holidays ( holidays only formalities purpose, including Sunday also) Some supiriors worst behaviour & mentality, no job guarantee.

Job security - Poor

+1 more

Sales Manager in Karaikudi

Full Time

Human Resources Department

1.0

• posted on 06 Jul 2021

1.0

for Salary and Benefits

Likes

...omotion. You have to work more with team without getting anything from company. Shriram giving morning 7am to night 9pm works for they are giving 8k salary. No promotion letters, No improvements legally, Work under hectic pressure. I got promoted 1year before as a manager, till now I din get any official promotion letter. And i forgot to share one thing, they gave 3700rs as petrol allowances per month but you have to spend minimum 6000rs only for your petrol consumption. Apart from that you have to service the vehicle, tire changing in your own cost. Think before joining in shriram city union finance. There is no likes in this company

Skill development - Good

Dislikes

See my dislikes in likes box

Salary - Bad

+4 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 Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Shriram Finance ?

The average salary of a Divisional Manager at Shriram Finance in India typically ranges from ₹3.3 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of Divisional Manager at Shriram Finance earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Divisional Manager 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 20+ Shriram Finance employees in India.

What is the estimated take home salary of a Divisional Manager at Shriram Finance in India?

The estimated take-home salary of a Divisional Manager at Shriram Finance in India typically ranges from ₹44,721 to ₹45,816 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 9 years to 17 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 20+ 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 Divisional Manager in India?

Mahindra Finance	₹7.2 Lakhs to ₹26.0 Lakhs per year
L&T Finance	₹6.4 Lakhs to ₹15.7 Lakhs per year
Kogta Financial India Limited	₹10.0 Lakhs to ₹13.0 Lakhs per year
Bharat Financial Inclusion	₹5.6 Lakhs to ₹15.2 Lakhs per year
Spandana Sphoorty Financial	₹4.8 Lakhs to ₹10.0 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 Divisional Manager in companies similar to Shriram Finance in India?

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

Satin Creditcare Network	₹5.5 Lakhs to ₹6.1 Lakhs per year
IIFL Finance	₹3.5 Lakhs to ₹8.5 Lakhs per year
Muthoot Fincorp	₹3.6 Lakhs to ₹8.7 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 Divisional Manager at Shriram Finance in India?

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

Experience	Average Salary Range
9 years	₹3.8 Lakhs to ₹7.0 Lakhs per year
10 years	₹4.2 Lakhs to ₹7.0 Lakhs per year
11 years	₹5.5 Lakhs to ₹7.5 Lakhs per year
12 years	₹3.3 Lakhs to ₹6.9 Lakhs per year

and so on.

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Shriram Finance Divisional Manager Salaries by Location

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Shriram Finance Divisional Manager Salaries

Shriram Finance Divisional Manager salary in India ranges between ₹3.3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 Shriram Finance latest salaries received from various employees of Shriram Finance.

Shriram Finance Divisional Manager salaries in India (Updated 2025)

Companies similar to Shriram Finance for Divisional Manager

Latest annual salaries shared by Shriram Finance Divisional Manager

Experience wise Shriram Finance Divisional Manager salaries

Similar Designation salaries in Shriram Finance

Salary related reviews for Shriram Finance

Divisional Manager in Indore

Deputy Manager in Nagpur

Branch Manager in Kanpur

Branch Manager in Hyderabad / Secunderabad

Sales Manager in Karaikudi

Shriram Finance Divisional Manager Salary FAQs

Tell us how to improve this page.

Shriram Finance Divisional Manager Salaries by Location