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Spandana Microfinance Branch Manager salaries in India (Updated 2025)

Annual salary range
4 - 10 years exp.
₹2.5 Lakhs - ₹5 Lakhs
Salary of majority employees
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65% less than the average Branch Manager Salary for 4 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Branch Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.5 L/yr

Marketing & Communication
Branch Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.7 L/yr

Last Updated: 22 Feb 2025

Companies similar to Spandana Microfinance for Branch Manager

Company name Avg Annual Salary Open Jobs
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IndusInd Bank Branch Manager Salary

7 - 20 years exp. (890 salaries)

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₹6 L/yr - ₹22.7 L/yr

arrow icon 327% more
15 job openings
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Yes Bank Branch Manager Salary

7 - 19 years exp. (644 salaries)

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₹6 L/yr - ₹23.5 L/yr

arrow icon 353% more
3 job openings
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IDFC FIRST Bank Branch Manager Salary

6 - 20 years exp. (633 salaries)

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₹6.3 L/yr - ₹26.3 L/yr

arrow icon 382% more
4 job openings
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Standard Chartered Branch Manager Salary

11 - 17 years exp. (47 salaries)

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₹15 L/yr - ₹45.9 L/yr

arrow icon 743% more
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Flipkart Branch Manager Salary

2 - 18 years exp. (22 salaries)

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₹4.2 L/yr - ₹10 L/yr

arrow icon 89% more
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Bharti Airtel Branch Manager Salary

4 - 12 years exp. (20 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 82% more
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Tata Motors Branch Manager Salary

1 - 16 years exp. (10 salaries)

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₹2.2 L/yr - ₹5 L/yr

arrow icon 4% more
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Citicorp Branch Manager Salary

2 - 20 years exp. (5 salaries)

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₹8 L/yr - ₹21 L/yr

arrow icon 357% more
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HSBC Group Branch Manager Salary

1 - 9 years exp. (5 salaries)

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₹10.5 L/yr - ₹15.4 L/yr

arrow icon 294% more
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KPMG India Branch Manager Salary

10 - 11 years exp. (3 salaries)

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₹27 L/yr - ₹36.5 L/yr

arrow icon 876% more
Branch Manager salary at Spandana Microfinance ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Spandana Microfinance.

Latest annual salaries shared by Spandana Microfinance Branch Manager

2d ago
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8 years exp.
1y ago
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6 years exp.
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10 years exp.

Experience wise Spandana Microfinance Branch Manager salaries

Last Updated: 22 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Spandana Microfinance

Sales Officer Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹1.5 L/yr - ₹2 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Spandana Microfinance Branch Manager Salary FAQs

What is the salary of Branch Manager at Spandana Microfinance ?
The average salary of a Branch Manager at Spandana Microfinance in India typically ranges from ₹2.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Branch Manager at Spandana Microfinance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Branch Manager Salaries at Spandana Microfinance 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 4 Spandana Microfinance employees in India.
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 in India typically ranges from ₹23,049 to ₹24,517 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 4 years to 10 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 4 salaries received from various employees of Spandana Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Spandana Microfinance for Branch Manager in India?
KPMG India ₹27.0 Lakhs to ₹36.5 Lakhs per year
Standard Chartered ₹15.0 Lakhs to ₹45.9 Lakhs per year
IDFC FIRST Bank ₹6.3 Lakhs to ₹26.3 Lakhs per year
Citicorp ₹8.0 Lakhs to ₹21.0 Lakhs per year
Yes Bank ₹6.0 Lakhs to ₹23.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Spandana Microfinance, depending on the role and experience level.
What is the salary of a Branch Manager in companies similar to Spandana Microfinance in India?
The salary of a Branch Manager at companies similar to Spandana Microfinance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank ₹6.0 Lakhs to ₹22.7 Lakhs per year
HSBC Group ₹10.5 Lakhs to ₹15.4 Lakhs per year
Flipkart ₹4.2 Lakhs to ₹10.0 Lakhs per year
Bharti Airtel ₹2.2 Lakhs to ₹10.0 Lakhs per year
Tata Motors ₹2.2 Lakhs to ₹5.0 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 Spandana Microfinance in India?
The salary growth for a Branch Manager at Spandana Microfinance depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Spandana Microfinance:

Experience Average Salary Range
4 years ₹2.5 Lakhs to ₹4.5 Lakhs per year
5 years ₹2.5 Lakhs to ₹3.1 Lakhs per year
6 years ₹2.5 Lakhs to ₹5.3 Lakhs per year
7 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
and so on.

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Spandana Microfinance Branch Manager salary in India ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Spandana Microfinance latest salaries received from various employees of Spandana Microfinance.