Shriram Finance Senior Manager 1 Salaries by 5 Employees (Updated 2025)

4 - 10 years exp.

₹15.5 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

25% less than the average Senior Manager 1 Salary in NBFC Companies for 4 - 10 years of experience

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Salaries in different departments

Product Management Senior Manager 1 Salary 4 - 10 years exp. (3 salaries)	₹16 L/yr - ₹18 L/yr
Engineering - Software & QA Senior Manager 1 Salary 7 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr
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Marketing & Communication Senior Manager 1 Salary 8 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹17.1 L/yr

Last Updated: 5 Mar 2025

Companies similar to Shriram Finance for Senior Manager 1

Company name	Avg Annual Salary	Open Jobs
L&T Finance Senior Manager 1 Salary 5 - 11 years exp. (5 salaries)	₹15 L/yr - ₹19.5 L/yr 4% more
Flipkart Senior Manager 1 Salary 4 - 13 years exp. (109 salaries)	₹18.5 L/yr - ₹40 L/yr 77% more
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ICICI Prudential Life Insurance Senior Manager 1 Salary 1 - 15 years exp. (107 salaries)	₹11 L/yr - ₹23 L/yr At par
ICICI Bank Senior Manager 1 Salary 5 - 16 years exp. (25 salaries)	₹5.9 L/yr - ₹16 L/yr 38% less
PwC Senior Manager 1 Salary 10 - 17 years exp. (23 salaries)	₹27 L/yr - ₹46.2 L/yr 125% more

Senior Manager 1 salary at Shriram Finance ranges between ₹15.5 Lakhs to ₹18 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Senior Manager 1 salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
5 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
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6 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.8 L/yr
7 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr
8 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.5 L/yr
9 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
10 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20.1 L/yr

View all

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Salary related reviews for Shriram Finance

2.0

Rated by 1 employees for salary & benefits

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

Relationship Executive in Raipur

Full Time

Finance & Accounting Department

1.0

• posted on 09 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...ng such a long time, I received only a ₹3,000 increment in total over 4.5 years. There are neither promotions nor salary increments here; employees are simply exploited. They make us work the entire month, and if we manage to get even one Sunday off, it's considered a big deal.

Salary - Bad

+6 more

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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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Shriram Finance Senior Manager 1 Salary FAQs

What is the salary of Senior Manager 1 at Shriram Finance ?

The average salary of a Senior Manager 1 at Shriram Finance in India typically ranges from ₹15.5 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Senior Manager 1 at Shriram Finance earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Senior Manager 1 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 5 Shriram Finance employees in India.

What is the estimated take home salary of a Senior Manager 1 at Shriram Finance in India?

The estimated take-home salary of a Senior Manager 1 at Shriram Finance in India typically ranges from ₹1,13,120 to ₹1,16,265 per month. This is based on the average salary range of ₹15.5 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 4 years to 10 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 Shriram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram Finance for Senior Manager 1 in India?

PwC	₹27.0 Lakhs to ₹46.2 Lakhs per year
Flipkart	₹18.5 Lakhs to ₹40.0 Lakhs per year
L&T Finance	₹15.0 Lakhs to ₹19.5 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 Senior Manager 1 in companies similar to Shriram Finance in India?

The salary of a Senior Manager 1 at companies similar to Shriram Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹11.0 Lakhs to ₹23.0 Lakhs per year
ICICI Bank	₹5.9 Lakhs to ₹16.0 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 Senior Manager 1 at Shriram Finance in India?

The salary growth for a Senior Manager 1 at Shriram Finance depends on factors such as experience, performance, and promotions. On average, a Senior Manager 1 can expect the following growth trajectory at Shriram Finance:

Experience	Average Salary Range
4 years	₹14.2 Lakhs to ₹18.1 Lakhs per year
5 years	₹14.5 Lakhs to ₹18.5 Lakhs per year
6 years	₹14.7 Lakhs to ₹18.8 Lakhs per year
7 years	₹15.0 Lakhs to ₹19.1 Lakhs per year

and so on.

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Shriram Finance Senior Manager 1 Salaries

Shriram Finance Senior Manager 1 salary in India ranges between ₹15.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Shriram Finance latest salaries received from various employees of Shriram Finance.