Shriram Finance State Business Head Salaries by 4 Employees

13 - 23 years exp.

₹13 Lakhs - ₹22.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (80%)

₹13.5 Lakhs

Variable (20%)

₹3.3 Lakhs

7% less than the average State Business Head Salary in NBFC Companies for 13 - 23 years of experience

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Salaries in different departments

Sales & Business Development State Business Head Salary 13 - 23 years exp. (3 salaries)	₹13 L/yr - ₹16.9 L/yr
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BFSI, Investments & Trading State Business Head Salary 13 years exp. (AmbitionBox Estimate)	₹20.3 L/yr - ₹24.8 L/yr

Last Updated: 16 Dec 2024

Companies similar to Shriram Finance for State Business Head

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion State Business Head Salary 16 - 18 years exp. (5 salaries)	₹20 L/yr - ₹57.5 L/yr 107% more
Muthoot Fincorp State Business Head Salary 14 - 19 years exp. (3 salaries)	₹14.7 L/yr - ₹16 L/yr 8% less
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Mahindra Rural Housing Finance State Business Head Salary 12 - 15 years exp. (3 salaries)	₹12.6 L/yr - ₹20 L/yr 9% less
Mahindra Finance State Business Head Salary 15 - 17 years exp. (3 salaries)	₹20.6 L/yr - ₹24.6 L/yr 38% more
Electronica Finance State Business Head Salary 13 - 21 years exp. (3 salaries)	₹17 L/yr - ₹24.1 L/yr 15% more
Aavas Financiers State Business Head Salary 10 - 14 years exp. (3 salaries)	₹11.1 L/yr - ₹16 L/yr 12% less

State Business Head salary at Shriram Finance ranges between ₹13 Lakhs to ₹22.5 Lakhs per year for employees with experience between 13 years to 23 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance State Business Head salaries

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
13 years (3 salaries)	₹13 L/yr - ₹22.5 L/yr
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15+ years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr

Similar Designation salaries in Shriram Finance

Business Head Salary

(6 salaries)

₹6.14 L/yr - ₹22 L/yr

Regional Business Head Salary

(11 salaries)

₹8.5 L/yr - ₹22 L/yr

State Head Salary

(14 salaries)

₹8 L/yr - ₹29 L/yr

Sales Head Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Cluster Head Salary

(AmbitionBox Estimate)

₹8.7 L/yr - ₹11.2 L/yr

Area Business Manager Salary

(7 salaries)

₹2.6 L/yr - ₹6 L/yr

Regional Head Salary

(10 salaries)

₹2.7 L/yr - ₹10.5 L/yr

Business Manager Salary

(39 salaries)

₹3 L/yr - ₹9 L/yr

Regional Business Manager Salary

(16 salaries)

₹7 L/yr - ₹12 L/yr

Sales Manager Salary

(130 salaries)

₹2 L/yr - ₹10 L/yr

Salary related reviews for Shriram Finance

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

Branch Manager in Karol Bagh

Full Time

Sales & Business Development Department

4.0

• posted on 25 Sep 2024

3.0

for Salary and Benefits

Likes

Shriram finance co. is very good. the support of the operation team is good. every FY there some salary increase the products are good according to the market, Shriram finance has its own identity in the market.

Work satisfaction - Good

Dislikes

The behavior of the reporting manager is not good , he talks to abusively. he is always trying to show himself superior and others inferior , that is why no one wants to work with him. Shriram finance is a very good co. but because of this no one wants to work with him.

Skill development - Poor

+1 more

see more salary related reviews

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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 State Business Head Salary FAQs

What is the salary of State Business Head at Shriram Finance ?

The average salary of a State Business Head at Shriram Finance in India typically ranges from ₹13.0 Lakhs to ₹22.5 Lakhs per year, depending on experience (from 13 years to 23 years).

The top 10% of State Business Head at Shriram Finance earn more than ₹22.5 Lakhs per year, and the top 1% earn over ₹22.5 Lakhs per year. State Business Head 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 4 Shriram Finance employees in India.

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

The estimated take-home salary of a State Business Head at Shriram Finance in India typically ranges from ₹1,14,287 to ₹1,17,470 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹22.5 Lakhs per year for employees with experience ranging from 13 years to 23 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 4 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 State Business Head in India?

Bharat Financial Inclusion	₹20.0 Lakhs to ₹57.5 Lakhs per year
Mahindra Finance	₹20.6 Lakhs to ₹24.6 Lakhs per year
Electronica Finance	₹17.0 Lakhs to ₹24.1 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 State Business Head in companies similar to Shriram Finance in India?

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

Muthoot Fincorp	₹14.7 Lakhs to ₹16.0 Lakhs per year
Mahindra Rural Housing Finance	₹12.6 Lakhs to ₹20.0 Lakhs per year
Aavas Financiers	₹11.1 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 State Business Head at Shriram Finance in India?

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

Experience	Average Salary Range
13 years	₹13.0 Lakhs to ₹22.5 Lakhs per year
15 years	₹13.5 Lakhs to ₹17.2 Lakhs per year

and so on.

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Shriram Finance State Business Head Salaries

Shriram Finance State Business Head salary in India ranges between ₹13 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram Finance latest salaries received from various employees of Shriram Finance.