Spandana Microfinance Branch Manager Salaries by 4 Employees (Updated 2024)

0 - 6 years exp.

₹2.5 Lakhs - ₹3 Lakhs

Salary of majority employees

70% less than the average Branch Manager Salary for 0 - 6 years of experience

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Last Updated: 19 Oct 2023

Companies similar to Spandana Microfinance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Branch Manager Salary 6 - 22 years exp. (994 salaries)	₹6 L/yr - ₹24.9 L/yr 435% more	11 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (872 salaries)	₹6.7 L/yr - ₹26 L/yr 457% more	2 job openings
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Yes Bank Branch Manager Salary 7 - 19 years exp. (557 salaries)	₹5.9 L/yr - ₹23 L/yr 430% more	9 job openings
Standard Chartered Branch Manager Salary 11 - 20 years exp. (57 salaries)	₹12.3 L/yr - ₹45 L/yr 932% more	3 job openings
Bharti Airtel Branch Manager Salary 1 - 12 years exp. (24 salaries)	₹2 L/yr - ₹10 L/yr 98% more
Flipkart Branch Manager Salary 2 - 18 years exp. (22 salaries)	₹4.2 L/yr - ₹10 L/yr 123% more
Tata Motors Branch Manager Salary 1 - 16 years exp. (12 salaries)	₹2.2 L/yr - ₹5 L/yr 33% more
HSBC Group Branch Manager Salary 1 - 9 years exp. (5 salaries)	₹10.5 L/yr - ₹15.4 L/yr 364% more
KPMG India Branch Manager Salary 10 - 11 years exp. (3 salaries)	₹27 L/yr - ₹36.5 L/yr 1051% more

Branch Manager salary at Spandana Microfinance ranges between ₹2.5 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Spandana Microfinance.

Experience wise Spandana Microfinance Branch Manager salaries

Last Updated: 19 Oct 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.2 L/yr
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.5 L/yr

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Similar Designation salaries in Spandana Microfinance

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Spandana Microfinance Branch Manager Salary FAQs

What is the salary of Branch Manager at Spandana Microfinance?

Branch Manager salary at Spandana Microfinance in India ranges between ₹2.5 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 70% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Spandana Microfinance India.

How does the salary of a Branch Manager at Spandana Microfinance India compare with the average salary range for this job?

The average salary of a Branch Manager at Spandana Microfinance is 70% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Spandana Microfinance to a Branch Manager in India?

KPMG India Branch Manager Salary - ₹27.0 Lakhs to ₹36.5 Lakhs per year
Standard Chartered Branch Manager Salary - ₹12.3 Lakhs to ₹45.0 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - ₹6.7 Lakhs to ₹26.0 Lakhs per year
IndusInd Bank Branch Manager Salary - ₹6.0 Lakhs to ₹24.9 Lakhs per year
Yes Bank Branch Manager Salary - ₹5.9 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to Spandana Microfinance in India?

HSBC Group Branch Manager Salary - ₹10.5 Lakhs to ₹15.4 Lakhs per year
Flipkart Branch Manager Salary - ₹4.2 Lakhs to ₹10.0 Lakhs per year
Bharti Airtel Branch Manager Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
Tata Motors Branch Manager Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Branch Manager at Spandana Microfinance in India?

The estimated take-home salary of a Branch Manager at Spandana Microfinance ranges between ₹19,157 per month to ₹20,833 per month in India. The take-home salary calculation is based on the average Spandana Microfinance Branch Manager salary in India which ranges between ₹2.5 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Spandana Microfinance?

According to AmbitionBox, 100% of the Spandana Microfinance Branch Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Spandana Microfinance Branch Manager Salaries

Spandana Microfinance Branch Manager salary in India ranges between ₹2.5 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spandana Microfinance latest salaries received from various employees of Spandana Microfinance.