SK Finance Limited Indore Branch Manager Salaries by 6 Employees

5 - 9 years exp.

₹3.6 Lakhs - ₹5.5 Lakhs

Salary of majority employees

54% less than the average Branch Manager Salary in NBFC Companies for 5 - 9 years of experience

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Salaries in different departments

Finance & Accounting Branch Manager Salary 5 - 9 years exp. (4 salaries)	₹4.1 L/yr - ₹5.5 L/yr
Customer Success, Service & Operations Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.8 L/yr
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Sales & Business Development Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.1 L/yr

Last Updated: 31 Dec 2024

Companies similar to SK Finance Limited for Branch Manager in Indore

SK Finance Limited Branch Manager Salary

5 - 9 years exp. (6 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Branch Manager Salary 2 - 14 years exp. (30 salaries)	₹2.9 L/yr - ₹7 L/yr 6% more
Capri Global Capital Branch Manager Salary 4 - 12 years exp. (16 salaries)	₹3.3 L/yr - ₹6 L/yr 16% more	2 job openings
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Ess Kay Fincorp Branch Manager Salary 4 - 12 years exp. (7 salaries)	₹4 L/yr - ₹6.5 L/yr 15% more	1 job opening
Poonawalla Fincorp Branch Manager Salary 10 - 12 years exp. (5 salaries)	₹4 L/yr - ₹7.3 L/yr 34% more
Satin Creditcare Network Branch Manager Salary 5 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹3.6 L/yr 24% less
Mahindra Finance Branch Manager Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹6.7 L/yr 19% more

Branch Manager salary at SK Finance Limited ranges between ₹3.6 Lakhs to ₹5.5 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of SK Finance Limited.

Experience wise SK Finance Limited Branch Manager salaries in Indore

Last Updated: 31 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr
8 years (3 salaries)	₹3.6 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.5 L/yr

Similar Designation salaries in SK Finance Limited

Credit Manager Salary

(3 salaries)

₹3.9 L/yr - ₹5 L/yr

Cluster Manager Salary

(3 salaries)

₹10 L/yr - ₹15 L/yr

Top skills at SK Finance Limited for Branch Manager

Commercial Vehicle Branch Management car CV lcv Sales Planning Finance channel management Customer Complaints Team Handling Auto Loans Construction Equipment Vehicle New Business auto finance

Salary related reviews for SK Finance Limited

1.0

Rated by 1 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

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SK Finance Limited Branch Manager Salary FAQs

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

The average salary of a Branch Manager at SK Finance Limited in Indore typically ranges from ₹3.6 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Branch Manager in Indore at SK Finance Limited earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Branch 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 6 SK Finance Limited employees in India.

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

The estimated take-home salary of a Branch Manager at SK Finance Limited in Indore typically ranges from ₹34,855 to ₹36,097 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 5 years to 9 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 6 salaries received from various employees of SK Finance Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at SK Finance Limited in Indore?

To be a Branch Manager at SK Finance Limited in Indore, the key skills required include:

- Commercial Vehicle
- Branch Management
- car
- CV
- lcv

These skills are highly valued at SK Finance Limited and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SK Finance Limited for Branch Manager in India?

Poonawalla Fincorp	₹4.0 Lakhs to ₹7.3 Lakhs per year
Mahindra Finance	₹4.0 Lakhs to ₹6.7 Lakhs per year
Capri Global Capital	₹3.3 Lakhs to ₹6.0 Lakhs per year
Ess Kay Fincorp	₹4.0 Lakhs to ₹6.5 Lakhs per year
Shriram Finance	₹2.9 Lakhs to ₹7.0 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 Manager in companies similar to SK Finance Limited in Indore?

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

Satin Creditcare Network

₹3.3 Lakhs to ₹3.6 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 Manager at SK Finance Limited in Indore?

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

Experience	Average Salary Range
5 years	₹1.7 Lakhs to ₹4.5 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
7 years	₹1.8 Lakhs to ₹5.5 Lakhs per year
8 years	₹3.6 Lakhs to ₹5.5 Lakhs per year

and so on.

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SK Finance Limited Branch Manager Salaries in Indore

SK Finance Limited Branch Manager salary in Indore ranges between ₹3.6 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SK Finance Limited latest salaries received from various employees of SK Finance Limited.