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Spandana Sphoorty Financial Branch Manager salaries in India (Updated 2025)

Annual salary range
2 - 9 years exp.
₹1.5 Lakh - ₹6.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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59% less than the average Branch Manager Salary in NBFC Companies for 2 - 9 years of experience

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Salaries in different departments

Finance & Accounting
Branch Manager Salary
2 - 8 years exp. (33 salaries)
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₹2.1 L/yr - ₹5.1 L/yr

Customer Success, Service & Operations
Branch Manager Salary
2 - 7 years exp. (23 salaries)
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₹2.6 L/yr - ₹6.1 L/yr

BFSI, Investments & Trading
Branch Manager Salary
2 - 7 years exp. (18 salaries)
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₹1.8 L/yr - ₹5.6 L/yr

Sales & Business Development
Branch Manager Salary
2 - 7 years exp. (12 salaries)
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₹2.2 L/yr - ₹5.6 L/yr

Administration & Facilities
Branch Manager Salary
2 - 6 years exp. (4 salaries)
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₹3.2 L/yr - ₹4.2 L/yr

View all

Last Updated: 6 Apr 2025

Companies similar to Spandana Sphoorty Financial for Branch Manager

Company name Avg Annual Salary Open Jobs
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IIFL Finance Branch Manager Salary

2 - 16 years exp. (1k salaries)

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₹2.2 L/yr - ₹8 L/yr

arrow icon 45% more
6 job openings
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Muthoot Fincorp Branch Manager Salary

2 - 16 years exp. (682 salaries)

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₹1.8 L/yr - ₹6.5 L/yr

arrow icon 16% more
1 job opening
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Muthoot Finance Branch Manager Salary

2 - 18 years exp. (588 salaries)

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₹1.8 L/yr - ₹7.5 L/yr

arrow icon 32% more
1 job opening
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₹1.9 L/yr - ₹8.5 L/yr

arrow icon 42% more
1 job opening
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HDB Financial Services Branch Manager Salary

6 - 18 years exp. (297 salaries)

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₹4.4 L/yr - ₹13.2 L/yr

arrow icon 146% more
13 job openings
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Shriram Finance Branch Manager Salary

2 - 14 years exp. (274 salaries)

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₹2.4 L/yr - ₹7.4 L/yr

arrow icon 30% more
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Bharat Financial Inclusion Branch Manager Salary

3 - 10 years exp. (133 salaries)

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₹1.8 L/yr - ₹6 L/yr

At par
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Manappuram Finance Branch Manager Salary

1 - 9 years exp. (225 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 7% more
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L&T Finance Branch Manager Salary

3 - 9 years exp. (218 salaries)

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₹2.2 L/yr - ₹6.3 L/yr

arrow icon 24% more
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Satin Creditcare Network Branch Manager Salary

0 - 10 years exp. (181 salaries)

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₹2.2 L/yr - ₹4.8 L/yr

arrow icon 8% less
1 job opening
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Branch Manager salary at Spandana Sphoorty Financial ranges between ₹1.5 Lakh to ₹6.2 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 154 latest salaries received from various employees of Spandana Sphoorty Financial.

Latest annual salaries shared by Spandana Sphoorty Financial Branch Manager

2d ago
₹3.8 Lakhs
8 years exp.
1w ago
₹3.5 Lakhs
5 years exp.
2w ago
₹3.5 Lakhs
6 years exp.
3w ago
₹3.5 Lakhs
2 years exp.
4w ago
₹3.6 Lakhs
9 years exp.
1mo ago
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7 years exp.
1mo ago
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5 years exp.
2mo ago
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3 years exp.
3mo ago
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6 years exp.
4mo ago
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5 years exp.

Experience wise Spandana Sphoorty Financial Branch Manager salaries

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
2 years  (26 salaries)

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₹1.8 L/yr - ₹4.2 L/yr
3 years  (33 salaries)

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₹1.5 L/yr - ₹5.6 L/yr
4 years  (37 salaries)

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₹1.8 L/yr - ₹5.6 L/yr
5 years  (33 salaries)

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₹1.8 L/yr - ₹6.1 L/yr
6 years  (15 salaries)

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₹2 L/yr - ₹6.2 L/yr
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Spandana Sphoorty Financial Branch Manager Salary and Career Growth

From

To

Branch Manager

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2 - 9 years exp.

Regional Manager

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0 - 5 years exp.

From

To

Branch Manager

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2 - 9 years exp.

Divisional Manager

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3 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Spandana Sphoorty Financial

Area Manager Salary
(3 salaries)
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₹5 L/yr - ₹9 L/yr
Credit Manager Salary
(6 salaries)
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₹1.05 L/yr - ₹3.5 L/yr
Sales Manager Salary
(5 salaries)
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₹2.4 L/yr - ₹5 L/yr
Branch Incharge Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Branch Head Salary
(5 salaries)
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₹3.25 L/yr - ₹4.2 L/yr
Deputy Manager Salary
(9 salaries)
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₹6.65 L/yr - ₹8.4 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹3 L/yr - ₹5 L/yr
Cluster Manager Salary
(75 salaries)
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₹3.15 L/yr - ₹7.2 L/yr
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₹4.38 L/yr - ₹11 L/yr

Top skills at Spandana Sphoorty Financial for Branch Manager

Branch Management Sales Disbursement Customer Satisfaction Business Development Customer Satisfaction Revenue Generation mortgage Home Loans Home Loans Sales Business Development Microfinance Branch Management Compliance Management

Salary related reviews for Spandana Sphoorty Financial

4.2

Rated by 144 employees for salary & benefits

Customer Success, Service & Operations Department

1.0
  •  posted on 05 Mar 2021

1.0
 for  Salary and Benefits

Likes

If you hate your family join spandana sphoorty, No family No week off, only begging infornt of borrowers houses. You can enjoy 24/7 beeging shiftm.... Very wonderfull to work with senior management ... They treat you like a begger infornt of temple... One and only worst never ever after company...

read more

Dislikes

They give you salary like throwing biscuits to dog that too half biscuit....

read more
  • Salary - Bad
  • +6 more

Customer Success, Service & Operations Department

5.0
  •  posted on 26 Nov 2019

5.0
 for  Salary and Benefits

Likes

There is salary and appraisal are done with comfortable and learning some trick to crack the any uncomfortable situation.how to over come from pressure.

read more
  • Salary - Excellent
  • +5 more

Dislikes

growth slow work pressure hihg i have worked 12-14 hours

Finance & Accounting Department

5.0
  •  posted on 01 Aug 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read 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

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Other Department

5.0
  •  posted on 08 Apr 2018

5.0
 for  Salary and Benefits

Likes

...y to me in this company , iam joined on 13/08/2015 , company given promotions 2.2yrs in cluster manager, my salary taking in 40000above.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No limit time in this work

see more salary related reviews

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Spandana Sphoorty Financial Branch Manager Salary FAQs

What is the salary of Branch Manager at Spandana Sphoorty Financial ?
The average salary of a Branch Manager at Spandana Sphoorty Financial in India typically ranges from ₹1.5 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Branch Manager at Spandana Sphoorty Financial earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Branch Manager 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 100+ Spandana Sphoorty Financial employees in India.
What is the estimated take home salary of a Branch Manager at Spandana Sphoorty Financial in India?
The estimated take-home salary of a Branch Manager at Spandana Sphoorty Financial in India typically ranges from ₹27,461 to ₹28,863 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 2 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 100+ 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 Branch Manager at Spandana Sphoorty Financial ?
To be a Branch Manager at Spandana Sphoorty Financial in india, the key skills required include:

  • - Branch Management
  • - Sales
  • - Disbursement
  • - Customer Satisfaction
  • - Business Development

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 Branch Manager in India?
HDB Financial Services ₹4.4 Lakhs to ₹13.2 Lakhs per year
Sundaram Finance ₹6.2 Lakhs to ₹10.6 Lakhs per year
SMFG India Credit ₹4.0 Lakhs to ₹15.0 Lakhs per year
TVS Credit ₹7.0 Lakhs to ₹13.2 Lakhs per year
PNB Housing Finance ₹5.5 Lakhs to ₹13.0 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 Branch Manager in companies similar to Spandana Sphoorty Financial in India?
The salary of a Branch Manager at companies similar to Spandana Sphoorty Financial in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital Housing Finance ₹5.2 Lakhs to ₹10.9 Lakhs per year
Kotak Mahindra Prime ₹6.5 Lakhs to ₹8.6 Lakhs per year
Poonawalla Fincorp ₹3.5 Lakhs to ₹11.0 Lakhs per year
Bajaj Finance ₹3.0 Lakhs to ₹8.9 Lakhs per year
Sammaan Capital Limited ₹4.3 Lakhs to ₹7.0 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 Sphoorty Financial in India?
The salary growth for a Branch Manager at Spandana Sphoorty Financial depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience Average Salary Range
2 years ₹1.8 Lakhs to ₹4.2 Lakhs per year
3 years ₹1.5 Lakhs to ₹5.6 Lakhs per year
4 years ₹1.8 Lakhs to ₹5.6 Lakhs per year
5 years ₹1.8 Lakhs to ₹6.1 Lakhs per year
and so on.

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Spandana Sphoorty Financial Branch Manager salary in India ranges between ₹1.5 Lakh to ₹6.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 154 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.