SK Finance Limited Associate Vice President Salaries by 5 Employees

15 - 19 years exp.

₹16 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

Fixed (88%)

₹18.9 Lakhs

Variable (13%)

₹2.7 Lakhs

33% less than the average Associate Vice President Salary in NBFC Companies for 15 - 19 years of experience

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Salaries in different departments

IT & Information Security Associate Vice President Salary 15 - 18 years exp. (3 salaries)	₹16 L/yr - ₹21.4 L/yr
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Human Resources Associate Vice President Salary 18 - 19 years exp. (AmbitionBox Estimate)	₹22.8 L/yr - ₹24 L/yr

Last Updated: 18 Aug 2024

Companies similar to SK Finance Limited for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Associate Vice President Salary 8 - 20 years exp. (60 salaries)	₹8.3 L/yr - ₹29 L/yr 20% less
SMFG India Credit Associate Vice President Salary 6 - 19 years exp. (37 salaries)	₹13.5 L/yr - ₹49 L/yr 46% more
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Spandana Sphoorty Financial Associate Vice President Salary 3 - 16 years exp. (28 salaries)	₹6.1 L/yr - ₹25.6 L/yr 30% less
Poonawalla Fincorp Associate Vice President Salary 9 - 20 years exp. (25 salaries)	₹27.5 L/yr - ₹52 L/yr 74% more
Kotak Mahindra Prime Associate Vice President Salary 9 - 19 years exp. (22 salaries)	₹11 L/yr - ₹27 L/yr 18% less
Capri Global Capital Associate Vice President Salary 5 - 21 years exp. (20 salaries)	₹12 L/yr - ₹36.7 L/yr 11% more
Muthoot Microfin Associate Vice President Salary 10 - 19 years exp. (9 salaries)	₹14.2 L/yr - ₹21.2 L/yr 18% less
TVS Credit Associate Vice President Salary 20 - 25 years exp. (9 salaries)	₹23.2 L/yr - ₹55 L/yr 106% more
Tata Capital Housing Finance Associate Vice President Salary 10 - 16 years exp. (7 salaries)	₹24 L/yr - ₹40 L/yr 45% more
Muthoot Fincorp Associate Vice President Salary 16 - 25 years exp. (6 salaries)	₹14.1 L/yr - ₹30 L/yr 4% less
Satin Creditcare Network Associate Vice President Salary 11 - 13 years exp. (6 salaries)	₹19 L/yr - ₹28 L/yr 5% more
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HDB Financial Services Associate Vice President Salary 0 - 21 years exp. (6 salaries)	₹19 L/yr - ₹30.2 L/yr 16% more
Bajaj Finance Associate Vice President Salary 5 - 15 years exp. (5 salaries)	₹16.8 L/yr - ₹33.8 L/yr 25% more
Bharat Financial Inclusion Associate Vice President Salary 10 - 15 years exp. (4 salaries)	₹34.4 L/yr - ₹40.5 L/yr 78% more
Aavas Financiers Associate Vice President Salary 10 - 14 years exp. (4 salaries)	₹18.5 L/yr - ₹32 L/yr 5% more
Shriram Finance Associate Vice President Salary 4 - 8 years exp. (4 salaries)	₹21.2 L/yr - ₹29 L/yr 14% more
CreditAccess Grameen Associate Vice President Salary 10 - 22 years exp. (4 salaries)	₹29.4 L/yr - ₹48 L/yr 84% more
Asirvad Microfinance Associate Vice President Salary 10 - 14 years exp. (3 salaries)	₹10.2 L/yr - ₹18 L/yr 38% less
Mahindra Finance Associate Vice President Salary 16 - 19 years exp. (3 salaries)	₹27.7 L/yr - ₹33 L/yr 43% more
L&T Finance Associate Vice President Salary 11 - 12 years exp. (3 salaries)	₹17 L/yr - ₹36 L/yr 23% more

Associate Vice President salary at SK Finance Limited ranges between ₹16 Lakhs to ₹24 Lakhs per year for employees with experience between 15 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of SK Finance Limited.

Experience wise SK Finance Limited Associate Vice President salaries

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹16 L/yr - ₹24 L/yr
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Similar Designation salaries in SK Finance Limited

Software Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Project Manager Salary

(9 salaries)

₹7 L/yr - ₹15.54 L/yr

Team Lead Salary

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₹1.74 L/yr - ₹4.8 L/yr

Technical Manager Salary

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₹3.3 L/yr - ₹5.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Salary related reviews for SK Finance Limited

3.9

Rated by 9 employees for salary & benefits

Officer in Jaipur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Company Culture

Dislikes

A lot of closings Low quality canteen food also unhygienic. Low quality water(less filtered) Unsupportive Management and HR Nill or very less appraisal Low Salary with high pressure of working. Employees are not paid enough according to their work. Demotion of employees although they deserve promotion.

Salary - Bad

+3 more

Regional Manager in Bathinda

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 22 Aug 2024

4.0

for Salary and Benefits

Likes

...ise Customised policies with flexibility .branch level decisioning and fast TAT. Salary , incentive,foreign tours and esops for employees

Salary - Good

+6 more

Dislikes

Long working schedule and some times work on holidays

Deputy Vice President in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 06 Jun 2024

3.0

for Salary and Benefits

Likes

Senior management including the MD has always encouraged and supported . There is complete support from your immediate Department Head who is quite encouraging to do new things and improve the productivity.

Job security - Excellent

+2 more

Dislikes

Certain departments deserve bonus based on performance which should be considered.

Senior Manager in Jaipur

Full Time

Teaching & Training Department

5.0

• posted on 06 Jun 2024

5.0

for Salary and Benefits

Likes

...gaged and motivated. SK fosters a collaborative and supportive work environment. SK finance also offers competitive compensation, health benefits, and other perks. These benefits contribute to overall job satisfaction.

Salary - Excellent

+6 more

Accounts Manager in Jaipur

Full Time

Finance & Accounting Department

2.0

• posted on 03 Apr 2024

1.0

for Salary and Benefits

Likes

The people and team I work with is good. They are supporting and co-operative.

Dislikes

...re few who are given more preference over the others. It looks like favouritism. Salary structure is also lower than industry. Work life balance is not there.

Salary - Bad

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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SK Finance Limited Associate Vice President Salary FAQs

What is the salary of Associate Vice President at SK Finance Limited ?

The average salary of a Associate Vice President at SK Finance Limited in India typically ranges from ₹16.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 15 years to 19 years).

The top 10% of Associate Vice President at SK Finance Limited earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Associate Vice President Salaries at SK Finance Limited 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 SK Finance Limited employees in India.

What is the estimated take home salary of a Associate Vice President at SK Finance Limited in India?

The estimated take-home salary of a Associate Vice President at SK Finance Limited in India typically ranges from ₹1,40,372 to ₹1,45,582 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 15 years to 19 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 SK Finance Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SK Finance Limited for Associate Vice President in India?

TVS Credit	₹23.2 Lakhs to ₹55.0 Lakhs per year
CreditAccess Grameen	₹29.4 Lakhs to ₹48.0 Lakhs per year
Bharat Financial Inclusion	₹34.4 Lakhs to ₹40.5 Lakhs per year
Poonawalla Fincorp	₹27.5 Lakhs to ₹52.0 Lakhs per year
SMFG India Credit	₹13.5 Lakhs to ₹49.0 Lakhs per year

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

What is the salary of a Associate Vice President in companies similar to SK Finance Limited in India?

The salary of a Associate Vice President at companies similar to SK Finance Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital Housing Finance	₹24.0 Lakhs to ₹40.0 Lakhs per year
Mahindra Finance	₹27.7 Lakhs to ₹33.0 Lakhs per year
Bajaj Finance	₹16.8 Lakhs to ₹33.8 Lakhs per year
L&T Finance	₹17.0 Lakhs to ₹36.0 Lakhs per year
HDB Financial Services	₹19.0 Lakhs to ₹30.2 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 Associate Vice President at SK Finance Limited in India?

The salary growth for a Associate Vice President at SK Finance Limited depends on factors such as experience, performance, and promotions. On average, a Associate Vice President can expect the following growth trajectory at SK Finance Limited:

Experience	Average Salary Range
15 years	₹16.0 Lakhs to ₹24.0 Lakhs per year

and so on.

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SK Finance Limited Associate Vice President Salaries

SK Finance Limited Associate Vice President salary in India ranges between ₹16 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SK Finance Limited latest salaries received from various employees of SK Finance Limited.