Spandana Sphoorty Financial Branch Manager 1 Salaries by 6 Employees (Updated 2025)

1 - 5 years exp.

₹1.8 Lakh - ₹4.2 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Branch Manager 1 Salary in NBFC Companies for 1 - 5 years of experience

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Last Updated: 19 Oct 2023

Companies similar to Spandana Sphoorty Financial for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Branch Manager 1 Salary 4 - 12 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 20% more
CreditAccess Grameen Branch Manager 1 Salary 6 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹8.6 L/yr 65% more
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Satin Creditcare Network Branch Manager 1 Salary 2 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 20% more
Muthoot Finance Branch Manager 1 Salary 4 - 11 years exp. (22 salaries)	₹3 L/yr - ₹5.6 L/yr 47% more
AU Small Finance Bank Branch Manager 1 Salary 2 - 11 years exp. (5 salaries)	₹3 L/yr - ₹4.3 L/yr 14% more
IIFL Finance Branch Manager 1 Salary 2 - 12 years exp. (26 salaries)	₹3.7 L/yr - ₹6.5 L/yr 72% more
Muthoot Fincorp Branch Manager 1 Salary 4 - 15 years exp. (23 salaries)	₹3 L/yr - ₹5 L/yr 45% more
Manappuram Finance Branch Manager 1 Salary 2 - 4 years exp. (8 salaries)	₹2.4 L/yr - ₹4.3 L/yr 1% more
Capri Global Capital Branch Manager 1 Salary 8 - 10 years exp. (5 salaries)	₹3.8 L/yr - ₹7.3 L/yr 83% more
Bajaj Finance Branch Manager 1 Salary 2 - 10 years exp. (5 salaries)	₹3.6 L/yr - ₹6.5 L/yr 74% more
SMFG India Credit Branch Manager 1 Salary 10 - 16 years exp. (5 salaries)	₹4.2 L/yr - ₹8.4 L/yr 125% more
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Aavas Financiers Branch Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.8 L/yr - ₹4.5 L/yr 45% more
L&T Finance Branch Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 38% more
Mahindra Rural Housing Finance Branch Manager 1 Salary 5 - 14 years exp. (3 salaries)	₹4.1 L/yr - ₹5.3 L/yr 49% more
HDB Financial Services Branch Manager 1 Salary 3 - 6 years exp. (3 salaries)	₹6.1 L/yr - ₹8.4 L/yr 171% more

Branch Manager 1 salary at Spandana Sphoorty Financial ranges between ₹1.8 Lakh to ₹4.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Branch Manager 1 salaries

Last Updated: 19 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.5 L/yr

Similar Designation salaries in Spandana Sphoorty Financial

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Branch Incharge Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Area Manager Salary

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₹5 L/yr - ₹9 L/yr

Credit Manager Salary

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₹1.05 L/yr - ₹3.5 L/yr

Sales Manager Salary

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₹2.4 L/yr - ₹5 L/yr

Branch Head Salary

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Deputy Manager Salary

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₹6.65 L/yr - ₹8.4 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Branch Manager Salary

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₹3 L/yr - ₹5 L/yr

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₹3.15 L/yr - ₹6.97 L/yr

Salary related reviews for Spandana Sphoorty Financial

3.1

Rated by 2 employees for salary & benefits

Accountant in Hyderabad / Secunderabad

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

Branch Manager in Hyderabad / Secunderabad

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...

Dislikes

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

Salary - Bad

+6 more

Branch Manager

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.

Salary - Excellent

+5 more

Dislikes

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

Branch Manager in Katol

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.

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.

Cluster Manager in Shivamogga

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.

Salary - Excellent

+6 more

Dislikes

No limit time in this work

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Spandana Sphoorty Financial Branch Manager 1 Salary FAQs

What is the salary of Branch Manager 1 at Spandana Sphoorty Financial?

Branch Manager 1 salary at Spandana Sphoorty Financial in India ranges between ₹1.8 Lakhs to ₹4.2 Lakhs for experience between 1 years to 5 years. According to our estimates it is 47% less than the average Branch Manager 1 Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Spandana Sphoorty Financial India.

How does the salary of a Branch Manager 1 at Spandana Sphoorty Financial India compare with the average salary range for this job?

The average salary of a Branch Manager 1 at Spandana Sphoorty Financial is 47% less than the average salary of a Branch Manager 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Spandana Sphoorty Financial to a Branch Manager 1 in India?

HDB Financial Services Branch Manager 1 Salary - ₹6.1 Lakhs to ₹8.4 Lakhs per year
SMFG India Credit Branch Manager 1 Salary - ₹4.2 Lakhs to ₹8.4 Lakhs per year
Capri Global Capital Branch Manager 1 Salary - ₹3.8 Lakhs to ₹7.3 Lakhs per year
Bajaj Finance Branch Manager 1 Salary - ₹3.6 Lakhs to ₹6.5 Lakhs per year
IIFL Finance Branch Manager 1 Salary - ₹3.7 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Branch Manager 1 in companies similar to Spandana Sphoorty Financial in India?

CreditAccess Grameen Branch Manager 1 Salary - ₹3.6 Lakhs to ₹8.6 Lakhs per year
Mahindra Rural Housing Finance Branch Manager 1 Salary - ₹4.1 Lakhs to ₹5.3 Lakhs per year
Muthoot Finance Branch Manager 1 Salary - ₹3.0 Lakhs to ₹5.6 Lakhs per year
Muthoot Fincorp Branch Manager 1 Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Aavas Financiers Branch Manager 1 Salary - ₹3.8 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Branch Manager 1 at Spandana Sphoorty Financial in India?

The estimated take-home salary of a Branch Manager 1 at Spandana Sphoorty Financial ranges between ₹21,498 per month to ₹23,139 per month in India. The take-home salary calculation is based on the average Spandana Sphoorty Financial Branch Manager 1 salary in India which ranges between ₹1.8 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager 1 at Spandana Sphoorty Financial?

According to AmbitionBox, 50% of the Spandana Sphoorty Financial Branch Manager 1s reported a notice period of 1 Month, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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Spandana Sphoorty Financial Branch Manager 1 salary in India ranges between ₹1.8 Lakh to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.