Spandana Sphoorty Financial AVP Salaries by 4 Employees (Updated 2024)

11 - 18 years exp.

₹7.5 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

69% less than the average AVP Salary in NBFC Companies for 11 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations AVP Salary 11 - 13 years exp. (3 salaries)	₹7.5 L/yr - ₹9 L/yr
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BFSI, Investments & Trading AVP Salary 18 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹13.8 L/yr

Last Updated: 15 Jul 2024

Companies similar to Spandana Sphoorty Financial for AVP

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion AVP Salary 20 - 22 years exp. (4 salaries)	₹39 L/yr - ₹42.5 L/yr 326% more
Equitas Small Finance Bank AVP Salary 12 - 21 years exp. (23 salaries)	₹9.7 L/yr - ₹20 L/yr 55% more
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AU Small Finance Bank AVP Salary 8 - 18 years exp. (41 salaries)	₹10.5 L/yr - ₹27 L/yr 97% more
SMFG India Credit AVP Salary 6 - 19 years exp. (30 salaries)	₹15 L/yr - ₹42 L/yr 182% more
IIFL Finance AVP Salary 7 - 18 years exp. (24 salaries)	₹33.2 L/yr - ₹60 L/yr 276% more
Poonawalla Fincorp AVP Salary 8 - 18 years exp. (9 salaries)	₹36 L/yr - ₹46 L/yr 347% more
HDB Financial Services AVP Salary 0 - 26 years exp. (5 salaries)	₹24 L/yr - ₹27.5 L/yr 168% more
Kotak Mahindra Prime AVP Salary 4 - 18 years exp. (4 salaries)	₹15.5 L/yr - ₹25 L/yr 117% more
Mahindra Finance AVP Salary 11 - 20 years exp. (4 salaries)	₹32 L/yr - ₹40.3 L/yr 281% more
Aavas Financiers AVP Salary 12 - 20 years exp. (4 salaries)	₹10 L/yr - ₹23.8 L/yr 107% more
L&T Finance AVP Salary 4 - 12 years exp. (4 salaries)	₹11 L/yr - ₹31 L/yr 105% more
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Capri Global Capital AVP Salary 17 - 19 years exp. (3 salaries)	₹50 L/yr - ₹55 L/yr 448% more
TVS Credit AVP Salary 15 - 25 years exp. (3 salaries)	₹38 L/yr - ₹69 L/yr 439% more

AVP salary at Spandana Sphoorty Financial ranges between ₹7.5 Lakhs to ₹12.5 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial AVP salaries

Last Updated: 15 Jul 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
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13 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
15+ years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr

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Operations Manager Salary

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MIS Associate Salary

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₹1.6 L/yr - ₹2.4 L/yr

Field Officer Salary

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₹1.45 L/yr - ₹3.3 L/yr

Divisional Manager Salary

(12 salaries)

₹4.25 L/yr - ₹6.5 L/yr

Team Lead Salary

(10 salaries)

₹3 L/yr - ₹4 L/yr

MIS Executive Salary

(10 salaries)

₹1.3 L/yr - ₹2.8 L/yr

Management Trainee Salary

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₹3.3 L/yr - ₹10 L/yr

Salary related reviews for Spandana Sphoorty Financial

5.0

Rated by 2 employees for salary & benefits

Divisional Manager in Hyderabad / Secunderabad

Full Time

Operations Department

1.0

• posted on 03 Oct 2020

1.0

for Salary and Benefits

Likes

Joined the company by Feb 2020 and after a month the company asked me to come for an review and gave me a room for stay. When the lockdown was implemented they cancelled my room and asked to take care of my stay on my own. They never helped me during the crisis. But all they need from a employee is 100% recovery and they don't pay on time.

Dislikes

...as work starts by 6 am in the morning and extends to 10 pm approx. in the night. The CTC is huge but the salary is deducted using silly reasons and we get only less in hand.

Divisional Manager in Prayagraj / Allahabad

Business Operations Department

3.0

• posted on 03 Apr 2022

2.0

for Salary and Benefits

Likes

Spandana having ample of growth opportunities and placing nearby your home town. Salary is ok.

Dislikes

Spandana don't have work life balance. They have poor travel policy and salary not comes on time if you are above than BM.

Divisional Manager in Bhubaneswar

BFSI, Investments & Trading Department

5.0

• posted on 06 Sep 2018

4.0

for Salary and Benefits

Likes

Teammates was very experienced and cooperatives.I had started my career here and getting very good experience here with lot of promotions.

Dislikes

...m was very poor in Spandana.Policy and process changes frequently by management.Salary not comes in timely.

Business Development Executive in Hyderabad / Secunderabad

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

Associate Product Manager in Bangalore / Bengaluru

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.

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

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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 Sphoorty Financial AVP Salary FAQs

What is the salary of AVP at Spandana Sphoorty Financial?

AVP salary at Spandana Sphoorty Financial in India ranges between ₹7.5 Lakhs to ₹12.5 Lakhs for experience between 11 years to 18 years. According to our estimates it is 69% less than the average AVP Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Spandana Sphoorty Financial India.

How does the salary of a AVP at Spandana Sphoorty Financial India compare with the average salary range for this job?

The average salary of a AVP at Spandana Sphoorty Financial is 69% less than the average salary of a AVP in India. To know exact salary insights, login to view.

Which similar companies are paying more than Spandana Sphoorty Financial to a AVP in India?

Capri Global Capital AVP Salary - ₹50.0 Lakhs to ₹55.0 Lakhs per year
TVS Credit AVP Salary - ₹38.0 Lakhs to ₹69.0 Lakhs per year
Poonawalla Fincorp AVP Salary - ₹36.0 Lakhs to ₹46.0 Lakhs per year
Bharat Financial Inclusion AVP Salary - ₹39.0 Lakhs to ₹42.5 Lakhs per year
Mahindra Finance AVP Salary - ₹32.0 Lakhs to ₹40.3 Lakhs per year

What is the salary of a AVP in companies similar to Spandana Sphoorty Financial in India?

IIFL Finance AVP Salary - ₹33.2 Lakhs to ₹60.0 Lakhs per year
SMFG India Credit AVP Salary - ₹15.0 Lakhs to ₹42.0 Lakhs per year
HDB Financial Services AVP Salary - ₹24.0 Lakhs to ₹27.5 Lakhs per year
Kotak Mahindra Prime AVP Salary - ₹15.5 Lakhs to ₹25.0 Lakhs per year
Aavas Financiers AVP Salary - ₹10.0 Lakhs to ₹23.8 Lakhs per year

What is the estimated take home salary of a AVP at Spandana Sphoorty Financial in India?

The estimated take-home salary of a AVP at Spandana Sphoorty Financial ranges between ₹68,806 per month to ₹70,572 per month in India. The take-home salary calculation is based on the average Spandana Sphoorty Financial AVP salary in India which ranges between ₹7.5 Lakhs to ₹12.5 Lakhs per year for employees with experience between 11 years to 18 years. Check how did we calculate take home salary?

What is the notice period for AVP at Spandana Sphoorty Financial?

According to AmbitionBox, 100% of the Spandana Sphoorty Financial AVPs reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Spandana Sphoorty Financial AVP Salaries

Spandana Sphoorty Financial AVP salary in India ranges between ₹7.5 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.