Shubham Housing Development Finance Mumbai Disbursement Manager Salaries by 5 Employees

4 - 6 years exp.

₹3.2 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% less than the average Disbursement Manager Salary in NBFC Companies for 4 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Disbursement Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Disbursement Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Shubham Housing Development Finance for Disbursement Manager in Mumbai

Shubham Housing Development Finance Disbursement Manager Salary

4 - 6 years exp. (5 salaries)

₹3.2 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Disbursement Manager Salary 7 - 12 years exp. (11 salaries)	₹4.3 L/yr - ₹7.1 L/yr 52% more
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Kotak Mahindra Bank Disbursement Manager Salary 2 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr 6% more

Disbursement Manager salary at Shubham Housing Development Finance ranges between ₹3.2 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Shubham Housing Development Finance.

Experience wise Shubham Housing Development Finance Disbursement Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr

Similar Designation salaries in Shubham Housing Development Finance

Relationship Manager Salary

(24 salaries)

₹2.2 L/yr - ₹4.25 L/yr

Branch Manager Salary

(11 salaries)

₹3.4 L/yr - ₹7.18 L/yr

Deputy Manager Salary

(3 salaries)

₹6 L/yr - ₹6.3 L/yr

Salary related reviews for Shubham Housing Development Finance

Relationship Manager in Gurgaon / Gurugram

Sales & Business Development Department

3.0

• posted on 17 Apr 2022

2.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good appraisals are fair and the give good salary hike every year.

Work satisfaction - Good

+1 more

Dislikes

Salary - Poor
Skill development - Poor

+3 more

Credit Manager in New Delhi

Full Time

Risk Management & Compliance Department

1.0

• posted on 08 Sep 2022

2.0

for Salary and Benefits

Likes

Only like the credit team and credit managment

Dislikes

... Very pethatic condition of IT team. They are not resolved any issue within TAT. Employee Insurance deduct from employee salary. HR gives same salary to a Fresher and to a 3 year experiance person. When a branch team win a cash price in contest than Higher level person hold the branch amount. In the company Higher authority person gives Good salary increments to only relative employees. And Annual bounce of Credit team members only 10K.

Salary - Poor

+4 more

Area Credit Manager in Jodhpur

Full Time

Credit Department

4.0

• posted on 08 Sep 2020

4.0

for Salary and Benefits

Likes

Company always carrying to their employees no any salary deduction during COVID pendamic.

Salary - Good

+6 more

Dislikes

Bonus was bad , atleast credit person's bonus should be good as this department has no any incentive plan, they are work with due diligence with integrity and waiting for bonus after 1years hard work, so company must be think about credit department.

Regional Technical Manager in Pune

Full Time

Risk Management & Compliance Department

5.0

• posted on 20 Jul 2020

4.0

for Salary and Benefits

Likes

Looking at the current market scenerio with other company where employee's are experiencing Salary cuts and even job loss, I would say my company is STABLE ! We have done some important position hirings as well post April Month ! For Employees safety Company has given work from home option. Our HR team also is updating us timely with updated safety measures against COVID-19. I love working here !

Salary - Good

+6 more

Dislikes

Not Applicable

Credit Officer in Yavatmal

Full Time

Finance & Accounting Department

5.0

• posted on 20 Jun 2019

4.0

for Salary and Benefits

Likes

... to the high career growthness to the day by day in all over market compiteter . There fore good salary packej. To heigh level posting to give the travelling tour the out of station. His organization is good work environment. And all totally work life is good . Thanks..

Salary - Good

+5 more

Dislikes

No any dislike.

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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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Shubham Housing Development Finance Disbursement Manager Salary FAQs

What is the salary of Disbursement Manager at Shubham Housing Development Finance in Mumbai?

The average salary of a Disbursement Manager at Shubham Housing Development Finance in Mumbai typically ranges from ₹3.2 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Disbursement Manager in Mumbai at Shubham Housing Development Finance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Disbursement Manager Salaries at Shubham Housing Development 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 Shubham Housing Development Finance employees in India.

What is the estimated take home salary of a Disbursement Manager at Shubham Housing Development Finance in Mumbai?

The estimated take-home salary of a Disbursement Manager at Shubham Housing Development Finance in Mumbai typically ranges from ₹26,519 to ₹27,935 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 4 years to 6 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 Shubham Housing Development Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shubham Housing Development Finance for Disbursement Manager in India?

Shriram Finance	₹4.3 Lakhs to ₹7.1 Lakhs per year
Kotak Mahindra Bank	₹3.5 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shubham Housing Development Finance, depending on the role and experience level.

How the salary growth look like for a Disbursement Manager at Shubham Housing Development Finance in Mumbai?

The salary growth for a Disbursement Manager at Shubham Housing Development Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Disbursement Manager in Mumbai can expect the following growth trajectory at Shubham Housing Development Finance:

Experience	Average Salary Range
4 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
6 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Shubham Housing Development Finance Disbursement Manager Salaries in Mumbai

Shubham Housing Development Finance Disbursement Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Shubham Housing Development Finance latest salaries received from various employees of Shubham Housing Development Finance.