SK Finance Limited Branch Development Manager Salaries by 8 Employees (Updated 2025)

5 - 8 years exp.

₹3.8 Lakhs - ₹4.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% less than the average Branch Development Manager Salary in NBFC Companies for 5 - 8 years of experience

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Salaries in different departments

Finance & Accounting Branch Development Manager Salary 5 - 8 years exp. (4 salaries)	₹4 L/yr - ₹4.1 L/yr
BFSI, Investments & Trading Branch Development Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.1 L/yr
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Sales & Business Development Branch Development Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4 L/yr

Last Updated: 26 Feb 2025

Companies similar to SK Finance Limited for Branch Development Manager

Company name	Avg Annual Salary	Open Jobs
Ess Kay Fincorp Branch Development Manager Salary 3 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹5 L/yr 9% more
City Union Bank Branch Development Manager Salary 4 - 15 years exp. (195 salaries)	₹4 L/yr - ₹13.4 L/yr 139% more
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IndusInd Bank Branch Development Manager Salary 2 - 6 years exp. (49 salaries)	₹2.4 L/yr - ₹4.3 L/yr 7% less
SBI Life Insurance Company Branch Development Manager Salary 4 - 9 years exp. (48 salaries)	₹2.8 L/yr - ₹5.8 L/yr 11% more
IndiaFirst Life Insurance Branch Development Manager Salary 1 - 8 years exp. (45 salaries)	₹2 L/yr - ₹4.9 L/yr 10% less

Branch Development Manager salary at SK Finance Limited ranges between ₹3.8 Lakhs to ₹4.1 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of SK Finance Limited.

Experience wise SK Finance Limited Branch Development Manager salaries

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
6 years (3 salaries)	₹1.5 L/yr - ₹4.1 L/yr
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7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr

Similar Designation salaries in SK Finance Limited

Business Development Manager Salary

(68 salaries)

₹2.55 L/yr - ₹5.8 L/yr

Branch Manager Salary

(91 salaries)

₹3 L/yr - ₹6.12 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Area Sales Manager Salary

(25 salaries)

₹5.8 L/yr - ₹14.5 L/yr

Marketing Manager Salary

(3 salaries)

₹1 L/yr - ₹9 L/yr

Area Business Manager Salary

(5 salaries)

₹3.83 L/yr - ₹7 L/yr

Deputy Manager Salary

(22 salaries)

₹4 L/yr - ₹10.4 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Sales Manager Salary

(8 salaries)

₹2 L/yr - ₹4.4 L/yr

Regional Manager Salary

(9 salaries)

₹9 L/yr - ₹16.88 L/yr

Salary related reviews for SK Finance Limited

5.0

Rated by 2 employees for salary & benefits

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

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

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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SK Finance Limited Branch Development Manager Salary FAQs

What is the salary of Branch Development Manager at SK Finance Limited ?

The average salary of a Branch Development Manager at SK Finance Limited in India typically ranges from ₹3.8 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Branch Development Manager at SK Finance Limited earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Branch Development Manager 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 8 SK Finance Limited employees in India.

What is the estimated take home salary of a Branch Development Manager at SK Finance Limited in India?

The estimated take-home salary of a Branch Development Manager at SK Finance Limited in India typically ranges from ₹27,596 to ₹28,996 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 5 years to 8 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 8 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 Branch Development Manager in India?

City Union Bank	₹4.0 Lakhs to ₹13.4 Lakhs per year
SBI Life Insurance Company	₹2.8 Lakhs to ₹5.8 Lakhs per year
Ess Kay Fincorp	₹3.5 Lakhs to ₹5.0 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 Branch Development Manager in companies similar to SK Finance Limited in India?

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

IndusInd Bank	₹2.4 Lakhs to ₹4.3 Lakhs per year
IndiaFirst Life Insurance	₹2.0 Lakhs to ₹4.9 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 Branch Development Manager at SK Finance Limited in India?

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

Experience	Average Salary Range
5 years	₹1.5 Lakhs to ₹4.1 Lakhs per year
6 years	₹1.5 Lakhs to ₹4.1 Lakhs per year
7 years	₹1.5 Lakhs to ₹4.1 Lakhs per year
8 years	₹1.5 Lakhs to ₹4.1 Lakhs per year

and so on.

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SK Finance Limited Branch Development Manager Salaries

SK Finance Limited Branch Development Manager salary in India ranges between ₹3.8 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 SK Finance Limited latest salaries received from various employees of SK Finance Limited.