Spandana Sphoorty Financial Operations Associate Salaries by 4 Employees

1 - 3 years exp.

₹1.1 Lakh - ₹4.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% less than the average Operations Associate Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Associate Salary 1 - 3 years exp. (3 salaries)	₹1.1 L/yr - ₹1.8 L/yr
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Human Resources Operations Associate Salary 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.9 L/yr

Last Updated: 15 Dec 2024

Companies similar to Spandana Sphoorty Financial for Operations Associate

Company name	Avg Annual Salary	Open Jobs
LendingKart Operations Associate Salary 2 - 6 years exp. (16 salaries)	₹2.4 L/yr - ₹3.8 L/yr 67% more
Kotak Mahindra Prime Operations Associate Salary 1 - 4 years exp. (9 salaries)	₹2.2 L/yr - ₹3.1 L/yr 34% more
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HDB Financial Services Operations Associate Salary 1 - 3 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 20% more
Mahindra Finance Operations Associate Salary 1 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹2.7 L/yr 22% more
Five-Star Business Finance Operations Associate Salary 0 - 2 years exp. (5 salaries)	₹1.5 L/yr - ₹3.2 L/yr 11% more
Shriram Finance Operations Associate Salary 1 - 3 years exp. (5 salaries)	₹1.7 L/yr - ₹3.2 L/yr 11% more
Sundaram Finance Operations Associate Salary 0 - 7 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 16% more
IIFL Finance Operations Associate Salary 5 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹4.2 L/yr 67% more
Mahindra Rural Housing Finance Operations Associate Salary 3 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹2.7 L/yr 4% less
Muthoot Finance Operations Associate Salary 2 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 63% more
Bajaj Finance Operations Associate Salary 1 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2 L/yr 5% less
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Operations Associate salary at Spandana Sphoorty Financial ranges between ₹1.1 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Operations Associate salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.6 L/yr
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Spandana Sphoorty Financial

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Process Associate Salary

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₹3.2 L/yr - ₹4 L/yr

Relationship Manager Salary

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₹1.8 L/yr - ₹3.2 L/yr

Customer Service Associate Salary

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₹1.4 L/yr - ₹1.8 L/yr

Supervisor Salary

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₹1 L/yr - ₹2.5 L/yr

Team Lead Salary

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₹6.65 L/yr - ₹8.4 L/yr

Salary related reviews for Spandana Sphoorty Financial

3.0

Rated by 1 employees for salary & benefits

Senior Analyst in Hyderabad / Secunderabad

Data Science & Analytics Department

1.0

• posted on 20 Jul 2018

2.0

for Salary and Benefits

Likes

Growth Opportunities

Dislikes

...b security, TOP management involvement in work of bottom of the pyramid staff, salaries are not paid on time, pathetic work environment

Salary - Poor

+4 more

CLO in Choutuppal

Full Time

Other Department

1.0

• posted on 26 Feb 2025

1.0

for Salary and Benefits

Likes

Incentives.

Dislikes

Not attractive salary but incentives are good. Work pressure is too much it causes health issues to us. Work begins morning 6:30 am and ends 10.O clock pm. Very work torcher in this company.

Salary - Bad

+6 more

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

Salary - Bad

+5 more

Associate Product Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Sep 2024

1.0

for Salary and Benefits

Likes

Little bit of job security as people with good knowledge and work ex leave after seeing the condition of work. They need people to stay to get the work done.

Dislikes

Primitive technology, no interest to adapt new technologies, terrible salary hike, management is only money & power hungry. Overworked people. They only take people who are desperate for jobs and make them work 24*7

Salary - Bad

+5 more

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

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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 Operations Associate Salary FAQs

What is the salary of Operations Associate at Spandana Sphoorty Financial ?

The average salary of a Operations Associate at Spandana Sphoorty Financial in India typically ranges from ₹1.1 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Operations Associate at Spandana Sphoorty Financial earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Operations Associate 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 4 Spandana Sphoorty Financial employees in India.

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

The estimated take-home salary of a Operations Associate at Spandana Sphoorty Financial in India typically ranges from ₹13,335 to ₹14,758 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 3 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 4 salaries received from various employees of Spandana Sphoorty Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spandana Sphoorty Financial for Operations Associate in India?

IIFL Finance	₹2.4 Lakhs to ₹4.2 Lakhs per year
LendingKart	₹2.4 Lakhs to ₹3.8 Lakhs per year
Muthoot Finance	₹2.4 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Prime	₹2.2 Lakhs to ₹3.1 Lakhs per year
Mahindra Finance	₹1.8 Lakhs to ₹2.7 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 Operations Associate in companies similar to Spandana Sphoorty Financial in India?

The salary of a Operations Associate at companies similar to Spandana Sphoorty Financial in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services	₹2.0 Lakhs to ₹3.0 Lakhs per year
Sundaram Finance	₹1.8 Lakhs to ₹2.5 Lakhs per year
Shriram Finance	₹1.7 Lakhs to ₹3.2 Lakhs per year
Five-Star Business Finance	₹1.5 Lakhs to ₹3.2 Lakhs per year
Mahindra Rural Housing Finance	₹1.4 Lakhs to ₹2.7 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 Operations Associate at Spandana Sphoorty Financial in India?

The salary growth for a Operations Associate at Spandana Sphoorty Financial depends on factors such as experience, performance, and promotions. On average, a Operations Associate can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience	Average Salary Range
1 year	₹1.2 Lakhs to ₹1.6 Lakhs per year
2 years	₹1.7 Lakhs to ₹2.2 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Spandana Sphoorty Financial Operations Associate Salaries

Spandana Sphoorty Financial Operations Associate salary in India ranges between ₹1.1 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.