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4.1

based on 6.8k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Shriram Finance Divisional Manager salaries in India

Annual salary range
6 - 16 years exp.
₹2.5 Lakhs - ₹8 Lakhs
Salary of majority employees
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68% less than the average Divisional Manager Salary in NBFC Companies for 6 - 16 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Divisional Manager Salary
7 - 16 years exp. (12 salaries)
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₹3.8 L/yr - ₹7 L/yr

Sales & Business Development
Divisional Manager Salary
7 - 14 years exp. (7 salaries)
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₹4.6 L/yr - ₹7.5 L/yr

BFSI, Investments & Trading
Divisional Manager Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹6.9 L/yr

Marketing & Communication
Divisional Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.8 L/yr

Last Updated: 7 Sep 2024

Companies similar to Shriram Finance for Divisional Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Divisional Manager Salary

3 - 8 years exp. (4 salaries)
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₹2 L/yr - ₹9.2 L/yr

arrow icon 23% less
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ICICI Bank Divisional Manager Salary

4 - 16 years exp. (3 salaries)
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₹7.2 L/yr - ₹24 L/yr

arrow icon 208% more
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Kotak Mahindra Bank Divisional Manager Salary

6 - 21 years exp. (3 salaries)
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₹6.2 L/yr - ₹23 L/yr

arrow icon 178% more
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Mahindra Finance Divisional Manager Salary

10 - 22 years exp. (201 salaries)
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₹7.8 L/yr - ₹29.4 L/yr

arrow icon 209% more
 1 job opening
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L&T Finance Divisional Manager Salary

1 - 16 years exp. (7 salaries)
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₹6.4 L/yr - ₹15.7 L/yr

arrow icon 137% more
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Bharat Financial Inclusion Divisional Manager Salary

0 - 17 years exp. (162 salaries)
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₹5.1 L/yr - ₹15.2 L/yr

arrow icon 65% more
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IIFL Finance Divisional Manager Salary

5 - 11 years exp. (7 salaries)
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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 7% less
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Muthoot Fincorp Divisional Manager Salary

2 - 12 years exp. (5 salaries)
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₹3.6 L/yr - ₹8.7 L/yr

arrow icon 9% less
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CreditAccess Grameen Divisional Manager Salary

11 - 16 years exp. (4 salaries)
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₹6.5 L/yr - ₹12 L/yr

arrow icon 104% more
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Satin Creditcare Network Divisional Manager Salary

8 - 12 years exp. (3 salaries)
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₹5.5 L/yr - ₹6.6 L/yr

arrow icon 6% more
Divisional Manager salary at Shriram Finance ranges between ₹2.5 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 31 latest salaries received from various employees of Shriram Finance.

Latest annual salaries shared by Shriram Finance Divisional Manager

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8 years exp.
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16 years exp.
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9 years exp.
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13 years exp.
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14 years exp.
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11 years exp.
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9 years exp.
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11 years exp.
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7 years exp.
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Experience wise Shriram Finance Divisional Manager salaries

Last Updated: 7 Sep 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹9.8 L/yr
7 years  (4 salaries)

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₹2.5 L/yr - ₹9.9 L/yr
8 years  (3 salaries)

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₹3.5 L/yr - ₹8 L/yr
9 years  (4 salaries)

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₹3.8 L/yr - ₹7 L/yr
10 years  (5 salaries)

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₹4.2 L/yr - ₹7 L/yr
View all

Similar Designation salaries in Shriram Finance

Regional Manager Salary
(20 salaries)
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₹6 L/yr - ₹15.13 L/yr
Business Manager Salary
(41 salaries)
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₹1 L/yr - ₹9 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹47.5 L/yr - ₹52.5 L/yr
Senior Sales Manager Salary
(4 salaries)
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₹7.58 L/yr - ₹11 L/yr
Branch Manager Salary
(264 salaries)
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₹2.35 L/yr - ₹9 L/yr
Area Manager Salary
(6 salaries)
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₹3 L/yr - ₹9 L/yr
Marketing Manager Salary
(11 salaries)
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₹1.1 L/yr - ₹5 L/yr
Relationship Manager Salary
(138 salaries)
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₹1.8 L/yr - ₹6 L/yr
Deputy Manager Salary
(191 salaries)
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₹2.3 L/yr - ₹8.3 L/yr
Territory Manager Salary
(3 salaries)
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₹4.2 L/yr - ₹10 L/yr

Salary related reviews for Shriram Finance

4.5

Rated by 5 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.

read more

Dislikes

no training, salary is very less.

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.

read more

Dislikes

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

read more

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.

read 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.

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.

read 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

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Dislikes

See my dislikes in likes box

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Salary Discussions, Hike & Promotions
2w
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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Shriram Finance Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Shriram Finance?
Divisional Manager salary at Shriram Finance in India ranges between ₹2.5 Lakhs to ₹8.0 Lakhs for experience between 6 years to 16 years. According to our estimates it is 68% less than the average Divisional Manager Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Shriram Finance India.
How does the salary of a Divisional Manager at Shriram Finance India compare with the average salary range for this job?
The average salary of a Divisional Manager at Shriram Finance is 68% less than the average salary of a Divisional Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Shriram Finance to a Divisional Manager in India?
  • Mahindra Finance Divisional Manager Salary - ₹7.8 Lakhs to ₹29.4 Lakhs per year
  • ICICI Bank Divisional Manager Salary - ₹7.2 Lakhs to ₹24.0 Lakhs per year
  • Kotak Mahindra Bank Divisional Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
  • L&T Finance Divisional Manager Salary - ₹6.4 Lakhs to ₹15.7 Lakhs per year
  • CreditAccess Grameen Divisional Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Divisional Manager in companies similar to Shriram Finance in India?
  • Bharat Financial Inclusion Divisional Manager Salary - ₹5.1 Lakhs to ₹15.2 Lakhs per year
  • Satin Creditcare Network Divisional Manager Salary - ₹5.5 Lakhs to ₹6.6 Lakhs per year
  • IIFL Finance Divisional Manager Salary - ₹3.5 Lakhs to ₹8.5 Lakhs per year
  • Muthoot Fincorp Divisional Manager Salary - ₹3.6 Lakhs to ₹8.7 Lakhs per year
  • HDFC Bank Divisional Manager Salary - ₹2.0 Lakhs to ₹9.2 Lakhs per year
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 ranges between ₹41,937 per month to ₹43,073 per month in India. The take-home salary calculation is based on the average Shriram Finance Divisional Manager salary in India which ranges between ₹2.5 Lakhs to ₹8.0 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Divisional Manager at Shriram Finance?
According to AmbitionBox, 53% of the Shriram Finance Divisional Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Shriram Finance Divisional Manager Salaries by Location

Shriram Finance Divisional Manager salary in India ranges between ₹2.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Shriram Finance latest salaries received from various employees of Shriram Finance.