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Shriram Finance State Head salaries in India (Updated 2025)

Annual salary range
11 - 27 years exp.
₹8 Lakhs - ₹29 Lakhs
Salary of majority employees
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Fixed (63%)
₹12.2 Lakhs
Variable (37%)
₹7.2 Lakhs
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22% more than the average State Head Salary in NBFC Companies for 11 - 27 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
State Head Salary
12 - 27 years exp. (8 salaries)
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₹15 L/yr - ₹35 L/yr

BFSI, Investments & Trading
State Head Salary
15 - 24 years exp. (3 salaries)
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₹13 L/yr - ₹35 L/yr

Last Updated: 8 Mar 2025

Companies similar to Shriram Finance for State Head

Company name Avg Annual Salary Open Jobs
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Aavas Financiers State Head Salary

11 - 19 years exp. (42 salaries)

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₹8.8 L/yr - ₹23.4 L/yr

arrow icon 20% less
1 job opening
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MAS Financial Services State Head Salary

9 - 22 years exp. (24 salaries)

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₹12.5 L/yr - ₹24.8 L/yr

arrow icon 12% less
1 job opening
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Poonawalla Fincorp State Head Salary

10 - 18 years exp. (15 salaries)

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₹8.1 L/yr - ₹15.2 L/yr

arrow icon 36% less
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Bharat Financial Inclusion State Head Salary

5 - 18 years exp. (9 salaries)

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₹10.2 L/yr - ₹26.9 L/yr

arrow icon 5% less
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Ugro Capital State Head Salary

9 - 19 years exp. (8 salaries)

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₹14 L/yr - ₹25.9 L/yr

arrow icon 1% more
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Electronica Finance State Head Salary

12 - 20 years exp. (7 salaries)

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₹10 L/yr - ₹22 L/yr

arrow icon 12% less
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Muthoot Fincorp State Head Salary

12 - 19 years exp. (6 salaries)

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₹10.4 L/yr - ₹20.5 L/yr

arrow icon 18% less
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₹11 L/yr - ₹23 L/yr

arrow icon 3% more
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TVS Credit State Head Salary

7 - 21 years exp. (7 salaries)

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₹9 L/yr - ₹16.3 L/yr

arrow icon 43% less
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Muthoot Finance State Head Salary

15 - 20 years exp. (6 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 13% less
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IIFL Finance State Head Salary

7 - 13 years exp. (5 salaries)

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₹12 L/yr - ₹13.5 L/yr

arrow icon 31% less
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LendingKart State Head Salary

9 - 15 years exp. (5 salaries)

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₹13 L/yr - ₹15.5 L/yr

arrow icon 27% less
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Manappuram Finance State Head Salary

15 - 20 years exp. (5 salaries)

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₹13.2 L/yr - ₹15 L/yr

arrow icon 29% less
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CreditAccess Grameen State Head Salary

13 - 16 years exp. (5 salaries)

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₹19.5 L/yr - ₹31 L/yr

arrow icon 24% more
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HDB Financial Services State Head Salary

8 - 20 years exp. (5 salaries)

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₹11.7 L/yr - ₹25 L/yr

arrow icon 25% less
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Capri Global Capital State Head Salary

6 - 20 years exp. (4 salaries)

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₹10.5 L/yr - ₹12.6 L/yr

arrow icon 41% less
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PNB Housing Finance State Head Salary

12 - 18 years exp. (3 salaries)

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₹16 L/yr - ₹22 L/yr

arrow icon 3% more
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Mahindra Finance State Head Salary

14 - 17 years exp. (4 salaries)

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₹13.8 L/yr - ₹15.5 L/yr

arrow icon 28% less
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₹18.5 L/yr - ₹21 L/yr

arrow icon 4% more
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L&T Finance State Head Salary

9 - 21 years exp. (4 salaries)

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₹8.5 L/yr - ₹25 L/yr

arrow icon 6% less
View all
State Head salary at Shriram Finance ranges between ₹8 Lakhs to ₹29 Lakhs per year for employees with experience between 11 years to 27 years. Salary estimates are based on 14 latest salaries received from various employees of Shriram Finance.

Latest annual salaries shared by Shriram Finance State Head

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25 years exp.
3mo ago
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13 years exp.
4mo ago
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19 years exp.
4mo ago
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23 years exp.
5mo ago
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12 years exp.
8mo ago
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24 years exp.
1y ago
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17 years exp.
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18 years exp.
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20 years exp.
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27 years exp.

Experience wise Shriram Finance State Head salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹8 L/yr - ₹32.1 L/yr
12 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹21 L/yr
13 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹21 L/yr
14 years (AmbitionBox Estimate)

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₹16.6 L/yr - ₹21.2 L/yr
15+ years  (11 salaries)

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₹13 L/yr - ₹35 L/yr

Similar Designation salaries in Shriram Finance

Team Lead Salary
(72 salaries)
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₹1.8 L/yr - ₹5.6 L/yr
Sales Manager Salary
(125 salaries)
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₹2.25 L/yr - ₹11.07 L/yr
Sales Officer Salary
(45 salaries)
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₹1.2 L/yr - ₹3.5 L/yr
Sales Executive Salary
(152 salaries)
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₹1.4 L/yr - ₹4.05 L/yr
Branch Manager Salary
(270 salaries)
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₹2.35 L/yr - ₹7.35 L/yr
Area Manager Salary
(6 salaries)
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₹3 L/yr - ₹9 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
Deputy Manager Salary
(197 salaries)
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₹2.3 L/yr - ₹9.4 L/yr
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₹3 L/yr - ₹9 L/yr
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₹6 L/yr - ₹15.25 L/yr

Salary related reviews for Shriram Finance

2.4

Rated by 4 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 17 Feb 2025

1.0
 for  Salary and Benefits

Likes

...will safe gaurd his Relatives. With out intimation will mark Attendance Absent. And will deduct salary for Employees in Hyderabad Region. Use and Throw, Culture. Will not give confirmation to sales Team Handling life insurance sector Division.

read more

Dislikes

...ers. Asking repeatedly documents. Unknowingly They will mark Absent Attendance. And will deduct salary. To Sales Team. They will enjoy the psychoisam by doing all those activity. Fraud Management Cheating Agents Customers. Full of family relationship Employees, only They will grow. Remaining how much you work also no recognition. No career. No company support To Sales team at HYDERABAD Region only politics. Consuming Alchohol and will come to Office and Meetings Fraud Management They are looting Company money by claiming fake bills. And will not work. Simply will spoil Employees career. You should not ask and raise question on those things, They will target you and mark Attendance Absent. And will give false report to Management. State Head will come to office by consuming Alchohol and for Meeting Dail. He is close relative of South Head. Fraud guy simply taking salary Sitting at home.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 23 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing i recommend to the youngsters to not join the company.

Dislikes

No work life balance, even Sundays and festivals are working days too. Less salary. Too much of unwanted meetings and meaningless calls from the team leaders and higher othorities. Multitasking is the another headache . Have to work for too many products for single salary and never ask about incentives , they don't provide , they only promise the incentives in interview . Uneducated higher authorities seen in the organization. They even don't know how to talk or support the freshers. After leaving the company they are not provided the realiving letter too it's been 5 months I resigned my job

read more
  • Salary - Bad
  • +6 more

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
  • Salary - Good
  • +6 more

Dislikes

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

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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
  • Job security - Good
  • +4 more

Dislikes

Salary package short on BM profile

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.

read more
  • Job security - Poor
  • +1 more
see more salary related reviews

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Shriram Finance State Head Salary FAQs

What is the salary of State Head at Shriram Finance ?
The average salary of a State Head at Shriram Finance in India typically ranges from ₹8.0 Lakhs to ₹29.0 Lakhs per year, depending on experience (from 11 years to 27 years).

The top 10% of State Head at Shriram Finance earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. State 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 10+ Shriram Finance employees in India.
What is the estimated take home salary of a State Head at Shriram Finance in India?
The estimated take-home salary of a State Head at Shriram Finance in India typically ranges from ₹1,28,338 to ₹1,32,705 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹29.0 Lakhs per year for employees with experience ranging from 11 years to 27 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 10+ 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 Head in India?
Spandana Sphoorty Financial ₹25.0 Lakhs to ₹30.0 Lakhs per year
CreditAccess Grameen ₹19.5 Lakhs to ₹31.0 Lakhs per year
Tata Capital Housing Finance ₹18.5 Lakhs to ₹21.0 Lakhs per year
Mahindra Rural Housing Finance ₹11.0 Lakhs to ₹23.0 Lakhs per year
PNB Housing Finance ₹16.0 Lakhs to ₹22.0 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 State Head in companies similar to Shriram Finance in India?
The salary of a State Head at companies similar to Shriram Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ugro Capital ₹14.0 Lakhs to ₹25.9 Lakhs per year
Bharat Financial Inclusion ₹10.2 Lakhs to ₹26.9 Lakhs per year
L&T Finance ₹8.5 Lakhs to ₹25.0 Lakhs per year
Electronica Finance ₹10.0 Lakhs to ₹22.0 Lakhs per year
MAS Financial Services ₹12.5 Lakhs to ₹24.8 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 Head at Shriram Finance in India?
The salary growth for a State Head at Shriram Finance depends on factors such as experience, performance, and promotions. On average, a State Head can expect the following growth trajectory at Shriram Finance:

Experience Average Salary Range
11 years ₹8.0 Lakhs to ₹32.1 Lakhs per year
12 years ₹7.2 Lakhs to ₹21.0 Lakhs per year
13 years ₹7.3 Lakhs to ₹21.0 Lakhs per year
14 years ₹16.6 Lakhs to ₹21.2 Lakhs per year
and so on.

Tell us how to improve this page.

Shriram Finance State Head salary in India ranges between ₹8 Lakhs to ₹29 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Shriram Finance latest salaries received from various employees of Shriram Finance.