Spandana Sphoorty Financial Divisional Manager Salaries by 10+ Employees (Updated 2025)

2 - 17 years exp.

₹4.3 Lakhs - ₹6.5 Lakhs

Salary of majority employees

67% less than the average Divisional Manager Salary in NBFC Companies for 2 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Divisional Manager Salary 2 - 17 years exp. (7 salaries)	₹4.8 L/yr - ₹6.5 L/yr
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Finance & Accounting Divisional Manager Salary 12 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.2 L/yr

Last Updated: 18 Jul 2024

Companies similar to Spandana Sphoorty Financial for Divisional Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Divisional Manager Salary 0 - 17 years exp. (163 salaries)	₹5.1 L/yr - ₹15.2 L/yr 66% more
CreditAccess Grameen Divisional Manager Salary 11 - 16 years exp. (3 salaries)	₹6.5 L/yr - ₹12.1 L/yr 99% more
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Satin Creditcare Network Divisional Manager Salary 8 - 12 years exp. (4 salaries)	₹5.5 L/yr - ₹6.6 L/yr 3% more
AU Small Finance Bank Divisional Manager Salary 5 - 16 years exp. (278 salaries)	₹3.7 L/yr - ₹13.5 L/yr 42% more
Mahindra Finance Divisional Manager Salary 10 - 23 years exp. (194 salaries)	₹9.3 L/yr - ₹30.6 L/yr 220% more	1 job opening
Muthoot Microfin Divisional Manager Salary 6 - 13 years exp. (38 salaries)	₹3.5 L/yr - ₹7 L/yr 5% less
Shriram Finance Divisional Manager Salary 6 - 16 years exp. (31 salaries)	₹2.5 L/yr - ₹8 L/yr At par
Asirvad Microfinance Divisional Manager Salary 6 - 15 years exp. (29 salaries)	₹3.8 L/yr - ₹7.2 L/yr 4% more
IIFL Finance Divisional Manager Salary 5 - 11 years exp. (7 salaries)	₹3.5 L/yr - ₹8.5 L/yr 10% less
L&T Finance Divisional Manager Salary 1 - 16 years exp. (7 salaries)	₹6.4 L/yr - ₹15.7 L/yr 130% more
Muthoot Fincorp Divisional Manager Salary 2 - 12 years exp. (5 salaries)	₹3.6 L/yr - ₹8.7 L/yr 12% less
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Divisional Manager salary at Spandana Sphoorty Financial ranges between ₹4.3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 12 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Divisional Manager salaries

Last Updated: 18 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
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4 years (3 salaries)	₹4.8 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
11 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹10.3 L/yr
13 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.5 L/yr
15+ years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.3 L/yr

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Similar Designation salaries in Spandana Sphoorty Financial

Regional Manager Salary

(7 salaries)

₹3.64 L/yr - ₹5.4 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Branch Manager Salary

(145 salaries)

₹1.4 L/yr - ₹6.15 L/yr

Area Manager Salary

(3 salaries)

₹5 L/yr - ₹9 L/yr

Relationship Manager Salary

(5 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(8 salaries)

₹6.65 L/yr - ₹8.4 L/yr

Sales Manager Salary

(5 salaries)

₹2.4 L/yr - ₹5 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Sales Officer Salary

(4 salaries)

₹1.1 L/yr - ₹2.75 L/yr

Salary related reviews for Spandana Sphoorty Financial

2.2

Rated by 11 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

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....

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Spandana Sphoorty Financial Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Spandana Sphoorty Financial?

Divisional Manager salary at Spandana Sphoorty Financial in India ranges between ₹4.3 Lakhs to ₹6.5 Lakhs for experience between 2 years to 17 years. According to our estimates it is 67% less than the average Divisional Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Spandana Sphoorty Financial India.

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

The average salary of a Divisional Manager at Spandana Sphoorty Financial is 67% less than the average salary of a Divisional Manager in India. To know exact salary insights, login to view.

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

Mahindra Finance Divisional Manager Salary - ₹9.3 Lakhs to ₹30.6 Lakhs per year
L&T Finance Divisional Manager Salary - ₹6.4 Lakhs to ₹15.7 Lakhs per year
CreditAccess Grameen Divisional Manager Salary - ₹6.5 Lakhs to ₹12.1 Lakhs per year
Bharat Financial Inclusion Divisional Manager Salary - ₹5.1 Lakhs to ₹15.2 Lakhs per year
AU Small Finance Bank Divisional Manager Salary - ₹3.7 Lakhs to ₹13.5 Lakhs per year

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

Asirvad Microfinance Divisional Manager Salary - ₹3.8 Lakhs to ₹7.2 Lakhs per year
Satin Creditcare Network Divisional Manager Salary - ₹5.5 Lakhs to ₹6.6 Lakhs per year
Shriram Finance Divisional Manager Salary - ₹2.5 Lakhs to ₹8.0 Lakhs per year
Muthoot Microfin Divisional Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
IIFL Finance Divisional Manager Salary - ₹3.5 Lakhs to ₹8.5 Lakhs per year

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

The estimated take-home salary of a Divisional Manager at Spandana Sphoorty Financial ranges between ₹43,368 per month to ₹44,483 per month in India. The take-home salary calculation is based on the average Spandana Sphoorty Financial Divisional Manager salary in India which ranges between ₹4.3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Spandana Sphoorty Financial Divisional Managers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Spandana Sphoorty Financial Divisional Manager Salaries

Spandana Sphoorty Financial Divisional Manager salary in India ranges between ₹4.3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.