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

Annual salary range
2 - 11 years exp.
₹1.4 Lakh - ₹6.2 Lakhs
Salary of majority employees
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58% less than the average Branch Manager Salary in NBFC Companies for 2 - 11 years of experience

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Salaries in different departments

Finance & Accounting
Branch Manager Salary
2 - 8 years exp. (25 salaries)
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₹2.2 L/yr - ₹5.1 L/yr

Customer Success, Service & Operations
Branch Manager Salary
2 - 7 years exp. (16 salaries)
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₹2.8 L/yr - ₹6.1 L/yr

BFSI, Investments & Trading
Branch Manager Salary
2 - 11 years exp. (14 salaries)
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₹1.8 L/yr - ₹5.4 L/yr

Sales & Business Development
Branch Manager Salary
2 - 6 years exp. (7 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

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Last Updated: 28 Feb 2025

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₹7 L/yr - ₹25.6 L/yr

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Muthoot Fincorp Branch Manager Salary

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₹1.3 L/yr - ₹6.4 L/yr

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Muthoot Finance Branch Manager Salary

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₹1.8 L/yr - ₹7 L/yr

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AU Small Finance Bank Branch Manager Salary

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₹5.2 L/yr - ₹17.5 L/yr

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Branch Manager salary at Spandana Sphoorty Financial ranges between ₹1.4 Lakh to ₹6.2 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 114 latest salaries received from various employees of Spandana Sphoorty Financial.

Latest annual salaries shared by Spandana Sphoorty Financial Branch Manager

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7 years exp.
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11 years exp.
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Experience wise Spandana Sphoorty Financial Branch Manager salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
2 years  (18 salaries)

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₹1.8 L/yr - ₹4.5 L/yr
3 years  (28 salaries)

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₹1.4 L/yr - ₹4.8 L/yr
4 years  (23 salaries)

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₹2.3 L/yr - ₹5.6 L/yr
5 years  (24 salaries)

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₹2 L/yr - ₹6.1 L/yr
6 years  (14 salaries)

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₹2.7 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 - 11 years exp.

Divisional Manager

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3 - 18 years exp.

Branch Manager 2 - 11 years exp.
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Cluster Manager 1 - 13 years exp.
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arrow icon 34% hike
    Divisional Manager 3 - 18 years exp.
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    arrow icon 25% hike

    From

    To

    Branch Manager

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    2 - 11 years exp.

    Regional Manager

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    0 - 5 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
    (72 salaries)
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    ₹3.15 L/yr - ₹6.97 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

    read more

    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?
    Branch Manager salary at Spandana Sphoorty Financial in India ranges between ₹1.4 Lakhs to ₹6.2 Lakhs for experience between 2 years to 11 years. According to our estimates it is 58% less than the average Branch Manager Salary in India. Salary estimates are based on 114 latest salaries received from various employees of Spandana Sphoorty Financial India.
    How does the salary of a Branch Manager at Spandana Sphoorty Financial India compare with the average salary range for this job?
    The average salary of a Branch Manager at Spandana Sphoorty Financial is 58% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Branch Manager at Spandana Sphoorty Financial?
    Branch Management, Sales, Disbursement, Customer Satisfaction and Business Development are some of the popular skills required to work as a Branch Manager at Spandana Sphoorty Financial India.
    Which similar companies are paying more than Spandana Sphoorty Financial to a Branch Manager in India?
    • Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year
    • Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
    • HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
    • ICICI Bank Branch Manager Salary - ₹5.4 Lakhs to ₹23.0 Lakhs per year
    • AU Small Finance Bank Branch Manager Salary - ₹5.2 Lakhs to ₹17.5 Lakhs per year
    What is the salary of a Branch Manager in companies similar to Spandana Sphoorty Financial in India?
    • Repco Home Finance Branch Manager Salary - ₹6.0 Lakhs to ₹13.3 Lakhs per year
    • PNB Housing Finance Branch Manager Salary - ₹5.5 Lakhs to ₹15.4 Lakhs per year
    • HDB Financial Services Branch Manager Salary - ₹4.4 Lakhs to ₹13.2 Lakhs per year
    • Sundaram Finance Branch Manager Salary - ₹6.0 Lakhs to ₹10.6 Lakhs per year
    • Tata Capital Housing Finance Branch Manager Salary - ₹5.2 Lakhs to ₹10.9 Lakhs per year
    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 ranges between ₹28,666 per month to ₹30,050 per month in India. The take-home salary calculation is based on the average Spandana Sphoorty Financial Branch Manager salary in India which ranges between ₹1.4 Lakhs to ₹6.2 Lakhs per year for employees with experience between 2 years to 11 years. Check how did we calculate take home salary?
    What is the notice period for Branch Manager at Spandana Sphoorty Financial?
    According to AmbitionBox, 30% of the Spandana Sphoorty Financial Branch Managers reported a notice period of 1 Month, 24% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 111 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Spandana Sphoorty Financial Branch Manager salary in India ranges between ₹1.4 Lakh to ₹6.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 114 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.