Spandana Sphoorty Financial Bangalore / Bengaluru Branch Manager Salaries by 7 Employees

2 - 6 years exp.

₹2.7 Lakhs - ₹5.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

63% less than the average Branch Manager Salary in NBFC Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 4 - 6 years exp. (3 salaries)	₹3.4 L/yr - ₹5.4 L/yr
Finance & Accounting Branch Manager Salary 3 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹5 L/yr
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Customer Success, Service & Operations Branch Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹5 L/yr

Last Updated: 24 Dec 2024

Companies similar to Spandana Sphoorty Financial for Branch Manager in Bangalore / Bengaluru

Spandana Sphoorty Financial Branch Manager Salary

2 - 6 years exp. (7 salaries)

₹2.7 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Branch Manager Salary 2 - 16 years exp. (84 salaries)	₹2.5 L/yr - ₹7.5 L/yr 29% more	1 job opening
Muthoot Fincorp Branch Manager Salary 2 - 15 years exp. (76 salaries)	₹1.8 L/yr - ₹6 L/yr 15% more	1 job opening
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IIFL Finance Branch Manager Salary 3 - 16 years exp. (65 salaries)	₹3 L/yr - ₹8 L/yr 37% more	8 job openings
HDB Financial Services Branch Manager Salary 7 - 18 years exp. (35 salaries)	₹7.2 L/yr - ₹12.5 L/yr 153% more	14 job openings
Manappuram Finance Branch Manager Salary 1 - 8 years exp. (34 salaries)	₹2.1 L/yr - ₹5.8 L/yr 2% more
Bajaj Finance Branch Manager Salary 4 - 12 years exp. (7 salaries)	₹4 L/yr - ₹8 L/yr 67% more	217 job openings
SMFG India Credit Branch Manager Salary 7 - 18 years exp. (6 salaries)	₹6 L/yr - ₹11.6 L/yr 121% more	5 job openings
TVS Credit Branch Manager Salary 4 - 16 years exp. (5 salaries)	₹6.6 L/yr - ₹13.2 L/yr 127% more

Branch Manager salary at Spandana Sphoorty Financial ranges between ₹2.7 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Branch Manager salaries in Bangalore / Bengaluru

Last Updated: 24 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

From

Branch Manager

2 - 9 years exp.

Regional Manager

0 - 5 years exp.

From

View 1 more level

Branch Manager

2 - 9 years exp.

Divisional Manager

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

Cluster Manager Salary

(5 salaries)

₹3.6 L/yr - ₹6 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

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.

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

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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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Spandana Sphoorty Financial Branch Manager Salary FAQs

What is the salary of Branch Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru?

The average salary of a Branch Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru typically ranges from ₹2.7 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Branch Manager in Bangalore / Bengaluru at Spandana Sphoorty Financial earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 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 7 Spandana Sphoorty Financial employees in India.

What is the estimated take home salary of a Branch Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru?

The estimated take-home salary of a Branch Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru typically ranges from ₹28,856 to ₹30,237 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 2 years to 6 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 7 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 in Bangalore / Bengaluru?

To be a Branch Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru, 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	₹7.2 Lakhs to ₹12.5 Lakhs per year
TVS Credit	₹6.6 Lakhs to ₹13.2 Lakhs per year
SMFG India Credit	₹6.0 Lakhs to ₹11.6 Lakhs per year
Bajaj Finance	₹4.0 Lakhs to ₹8.0 Lakhs per year
IIFL Finance	₹3.0 Lakhs to ₹8.0 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 Bangalore / Bengaluru?

The salary of a Branch Manager at companies similar to Spandana Sphoorty Financial in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Finance	₹2.5 Lakhs to ₹7.5 Lakhs per year
Muthoot Fincorp	₹1.8 Lakhs to ₹6.0 Lakhs per year
Manappuram Finance	₹2.1 Lakhs to ₹5.8 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 Bangalore / Bengaluru?

The salary growth for a Branch Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Bangalore / Bengaluru can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience	Average Salary Range
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

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Spandana Sphoorty Financial Branch Manager Salaries in Bangalore / Bengaluru

Spandana Sphoorty Financial Branch Manager salary in Bangalore / Bengaluru ranges between ₹2.7 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.

Spandana Sphoorty Financial Branch Manager salaries in Bangalore / Bengaluru

Companies similar to Spandana Sphoorty Financial for Branch Manager in Bangalore / Bengaluru

Latest annual salaries shared by Spandana Sphoorty Financial Branch Manager in Bangalore / Bengaluru

Experience wise Spandana Sphoorty Financial Branch Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Spandana Sphoorty Financial

Top skills at Spandana Sphoorty Financial for Branch Manager

Salary related reviews for Spandana Sphoorty Financial

Branch Manager in Hyderabad / Secunderabad

Branch Manager

Branch Manager in Katol

Accountant in Hyderabad / Secunderabad

Cluster Manager in Shivamogga

Spandana Sphoorty Financial Branch Manager Salary FAQs

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