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Spandana Sphoorty Financial Associate salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹1 Lakh - ₹3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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74% less than the average Associate Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Associate Salary
0 - 3 years exp. (27 salaries)
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₹1.2 L/yr - ₹2.7 L/yr

BFSI, Investments & Trading
Associate Salary
1 - 4 years exp. (12 salaries)
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₹1 L/yr - ₹2.1 L/yr

Customer Success, Service & Operations
Associate Salary
1 - 3 years exp. (10 salaries)
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₹1.2 L/yr - ₹2.5 L/yr

Human Resources
Associate Salary
0 - 3 years exp. (5 salaries)
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₹1.1 L/yr - ₹2.2 L/yr

Quality Assurance
Associate Salary
1 - 2 years exp. (4 salaries)
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₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 18 Mar 2025

Companies similar to Spandana Sphoorty Financial for Associate

Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Prime Associate Salary

1 - 8 years exp. (102 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 37% more
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Sundaram Finance Associate Salary

0 - 5 years exp. (94 salaries)

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₹1.2 L/yr - ₹3 L/yr

arrow icon 2% more
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Bharat Financial Inclusion Associate Salary

0 - 3 years exp. (45 salaries)

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₹1.4 L/yr - ₹3.5 L/yr

arrow icon 33% more
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Bajaj Finance Associate Salary

0 - 6 years exp. (39 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 12% more
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HDB Financial Services Associate Salary

1 - 5 years exp. (31 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 23% more
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Mahindra Finance Associate Salary

0 - 7 years exp. (29 salaries)

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₹1.7 L/yr - ₹4.4 L/yr

arrow icon 39% more
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IIFL Finance Associate Salary

0 - 4 years exp. (16 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 114% more
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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 2% more
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SMFG India Credit Associate Salary

0 - 3 years exp. (14 salaries)

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₹1.3 L/yr - ₹2.6 L/yr

arrow icon 3% less
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PNB Housing Finance Associate Salary

0 - 8 years exp. (7 salaries)

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₹3.1 L/yr - ₹5 L/yr

arrow icon 100% more
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L&T Finance Associate Salary

0 - 6 years exp. (7 salaries)

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₹1.7 L/yr - ₹3.6 L/yr

arrow icon 29% more
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Manappuram Finance Associate Salary

1 - 5 years exp. (6 salaries)

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₹2.2 L/yr - ₹3 L/yr

arrow icon 31% more
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Poonawalla Fincorp Associate Salary

1 - 5 years exp. (6 salaries)

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₹3.2 L/yr - ₹4 L/yr

arrow icon 66% more
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Muthoot Fincorp Associate Salary

1 - 5 years exp. (5 salaries)

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₹1.8 L/yr - ₹2.5 L/yr

At par
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TVS Credit Associate Salary

0 - 3 years exp. (5 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 19% more
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Sammaan Capital Limited Associate Salary

1 - 3 years exp. (5 salaries)

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₹2.2 L/yr - ₹2.6 L/yr

arrow icon 14% more
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Asirvad Microfinance Associate Salary

1 - 6 years exp. (4 salaries)

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₹15 L/yr - ₹26 L/yr

arrow icon 808% more
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Shriram Finance Associate Salary

1 - 2 years exp. (6 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 70% more
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Muthoot Finance Associate Salary

0 - 2 years exp. (5 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 20% more
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Capri Global Capital Associate Salary

0 - 8 years exp. (3 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 141% more
View all
Associate salary at Spandana Sphoorty Financial ranges between ₹1 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 98 latest salaries received from various employees of Spandana Sphoorty Financial.

Latest annual salaries shared by Spandana Sphoorty Financial Associate

1w ago
₹1.7 Lakh
1 year exp.
1w ago
₹2 Lakhs
1 year exp.
1w ago
₹1.8 Lakh
2 years exp.
2w ago
₹2.2 Lakhs
2 years exp.
3w ago
₹1.8 Lakh
1 year exp.
1mo ago
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2 years exp.
1mo ago
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1 year exp.
1mo ago
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1 year exp.
2mo ago
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1 year exp.
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2 years exp.

Experience wise Spandana Sphoorty Financial Associate salaries

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
Fresher  (15 salaries)

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₹1.2 L/yr - ₹2.4 L/yr
1 year  (30 salaries)

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₹1.1 L/yr - ₹2.5 L/yr
2 years  (36 salaries)

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₹1 L/yr - ₹2.5 L/yr
3 years  (13 salaries)

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₹1.5 L/yr - ₹3 L/yr
4 years  (4 salaries)

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₹1.7 L/yr - ₹3.9 L/yr

Similar Designation salaries in Spandana Sphoorty Financial

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₹2 L/yr - ₹4.21 L/yr
Team Lead Salary
(6 salaries)
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₹3 L/yr - ₹3.5 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Java Developer Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
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₹6 L/yr - ₹11.5 L/yr
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₹2.5 L/yr - ₹7.5 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Senior Software Developer Salary
(AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.1 L/yr

Top skills at Spandana Sphoorty Financial for Associate

mba fresher Malayalam Billing MS Office Desktop Support

Salary related reviews for Spandana Sphoorty Financial

3.2

Rated by 22 employees for salary & benefits

Full Time

 · 

Other Department

1.0
  •  posted on 26 Feb 2025

1.0
 for  Salary and Benefits

Likes

Incentives.

Dislikes

Not attractive salary but incentives are good. Work pressure is too much it causes health issues to us. Work begins morning 6:30 am and ends 10.O clock pm. Very work torcher in this company.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 30 Sep 2024

1.0
 for  Salary and Benefits

Likes

Only Job security. Bad projects and no future prospects after working here, so they are looking for manual workers.

Dislikes

No hike, politics, unprofessional behaviour, difficult getting leaves, expected to stay late and work after officr hours

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 Sep 2024

1.0
 for  Salary and Benefits

Likes

Little bit of job security as people with good knowledge and work ex leave after seeing the condition of work. They need people to stay to get the work done.

read more

Dislikes

Primitive technology, no interest to adapt new technologies, terrible salary hike, management is only money & power hungry. Overworked people. They only take people who are desperate for jobs and make them work 24*7

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am proud to feel worked on spandana

  • Skill development - Excellent
  • +4 more

Dislikes

I worked in spandana 5.8 years but my salary with variable 3.2 lak per anum in my side give small suggestion for management please think about old employees for salaries hike so many employees completed in spandana 4 or 5 years but salaries 3 to 3.5 lak per anum they didn't get any holes and pramotion for that senior employees in freshers giving 3 laks above in that freshers don't have any experience but giving salaries 3 lakhs above what is the difference about experienced employees and freshers both are getting same salaries I am requesting think about senior employees

read more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 01 Dec 2022

3.0
 for  Salary and Benefits

Likes

Worst Culture in any organisation I ever seen, focusing only deduction and cost cuttings, No Management, shift timing is pathetic, Higher Authority just putting pressure so that employee can give the resignation, don't count your efforts. Head Office member not supportive at all. 13 years of experience to join this organisation was my biggest mistake.

read more

Dislikes

Work Life Balance Salary Deduction without information Management Shift timing Politics in organisation Worst Boss

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Spandana Sphoorty Financial Associate Salary FAQs

What is the salary of Associate at Spandana Sphoorty Financial ?
The average salary of a Associate at Spandana Sphoorty Financial in India typically ranges from ₹1.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Associate at Spandana Sphoorty Financial earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Associate Salaries at Spandana Sphoorty Financial 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 90+ Spandana Sphoorty Financial employees in India.
What is the estimated take home salary of a Associate at Spandana Sphoorty Financial in India?
The estimated take-home salary of a Associate at Spandana Sphoorty Financial in India typically ranges from ₹13,835 to ₹15,301 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 90+ salaries received from various employees of Spandana Sphoorty Financial. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Associate at Spandana Sphoorty Financial ?
To be a Associate at Spandana Sphoorty Financial in india, the key skills required include:

  • - mba fresher
  • - Malayalam
  • - Billing
  • - MS Office
  • - Desktop Support

These skills are highly valued at Spandana Sphoorty Financial and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Spandana Sphoorty Financial for Associate in India?
Asirvad Microfinance ₹15.0 Lakhs to ₹26.0 Lakhs per year
Capri Global Capital ₹3.0 Lakhs to ₹8.5 Lakhs per year
IIFL Finance ₹3.0 Lakhs to ₹9.0 Lakhs per year
PNB Housing Finance ₹3.1 Lakhs to ₹5.0 Lakhs per year
Shriram Finance ₹1.5 Lakhs to ₹4.0 Lakhs per year

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

Poonawalla Fincorp ₹3.2 Lakhs to ₹4.0 Lakhs per year
Mahindra Finance ₹1.7 Lakhs to ₹4.4 Lakhs per year
Kotak Mahindra Prime ₹1.6 Lakhs to ₹4.5 Lakhs per year
Bharat Financial Inclusion ₹1.4 Lakhs to ₹3.5 Lakhs per year
Manappuram Finance ₹2.2 Lakhs to ₹3.0 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 Associate at Spandana Sphoorty Financial in India?
The salary growth for a Associate at Spandana Sphoorty Financial depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience Average Salary Range
Fresher ₹1.2 Lakhs to ₹2.4 Lakhs per year
1 year ₹1.1 Lakhs to ₹2.5 Lakhs per year
2 years ₹1.0 Lakhs to ₹2.5 Lakhs per year
3 years ₹1.5 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

Spandana Sphoorty Financial Associate salary in India ranges between ₹1 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 98 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.