Spandana Sphoorty Financial Regional Manager Salaries by 7 Employees

0 - 5 years exp.

₹3.6 Lakhs - ₹5.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

66% less than the average Regional Manager Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Sales & Business Development Regional Manager Salary 0 - 4 years exp. (4 salaries)	₹3.9 L/yr - ₹5.4 L/yr
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Administration & Facilities Regional Manager Salary 3 - 5 years exp. (3 salaries)	₹3.6 L/yr - ₹4.5 L/yr

Last Updated: 2 Nov 2024

Companies similar to Spandana Sphoorty Financial for Regional Manager

Company name	Avg Annual Salary	Open Jobs
L&T Finance Regional Manager Salary 8 - 17 years exp. (118 salaries)	₹9.1 L/yr - ₹28 L/yr 252% more
Bajaj Finance Regional Manager Salary 8 - 19 years exp. (120 salaries)	₹12 L/yr - ₹40 L/yr 381% more	26 job openings
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Manappuram Finance Regional Manager Salary 7 - 14 years exp. (98 salaries)	₹3.3 L/yr - ₹9.6 L/yr 53% more
Muthoot Finance Regional Manager Salary 11 - 21 years exp. (48 salaries)	₹6.8 L/yr - ₹21.5 L/yr 173% more	1 job opening
Muthoot Fincorp Regional Manager Salary 8 - 20 years exp. (40 salaries)	₹8.3 L/yr - ₹14.7 L/yr 136% more	1 job opening
TVS Credit Regional Manager Salary 12 - 20 years exp. (36 salaries)	₹12.5 L/yr - ₹43 L/yr 420% more
Mahindra Finance Regional Manager Salary 11 - 18 years exp. (25 salaries)	₹7.5 L/yr - ₹30 L/yr 239% more
Muthoot Microfin Regional Manager Salary 10 - 16 years exp. (28 salaries)	₹5 L/yr - ₹11.2 L/yr 40% more
Satin Creditcare Network Regional Manager Salary 5 - 17 years exp. (27 salaries)	₹5 L/yr - ₹11 L/yr 70% more
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CreditAccess Grameen Regional Manager Salary 9 - 18 years exp. (20 salaries)	₹4 L/yr - ₹13 L/yr 79% more
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PNB Housing Finance Regional Manager Salary 8 - 19 years exp. (17 salaries)	₹9.1 L/yr - ₹14.8 L/yr 141% more
Asirvad Microfinance Regional Manager Salary 8 - 16 years exp. (16 salaries)	₹4.5 L/yr - ₹10.5 L/yr 51% more
SK Finance Limited Regional Manager Salary 11 - 18 years exp. (9 salaries)	₹9 L/yr - ₹16.9 L/yr 160% more
LendingKart Regional Manager Salary 5 - 11 years exp. (8 salaries)	₹11.6 L/yr - ₹23.5 L/yr 162% more
Capri Global Capital Regional Manager Salary 5 - 15 years exp. (7 salaries)	₹4.8 L/yr - ₹17 L/yr 97% more
Sammaan Capital Limited Regional Manager Salary 4 - 16 years exp. (6 salaries)	₹8.3 L/yr - ₹13.6 L/yr 164% more
SMFG India Credit Regional Manager Salary 9 - 19 years exp. (6 salaries)	₹11.8 L/yr - ₹23.4 L/yr 176% more
Tata Capital Housing Finance Regional Manager Salary 6 - 15 years exp. (5 salaries)	₹15.5 L/yr - ₹34.1 L/yr 343% more
Five-Star Business Finance Regional Manager Salary 18 - 25 years exp. (5 salaries)	₹13 L/yr - ₹16 L/yr 182% more

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Regional Manager salary at Spandana Sphoorty Financial ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Regional Manager salaries

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.3 L/yr
1 year (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.2 L/yr
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2 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹10 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.8 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.6 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.4 L/yr

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Similar Designation salaries in Spandana Sphoorty Financial

Zonal Manager Salary

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General Manager Salary

(3 salaries)

₹15 L/yr - ₹23.3 L/yr

Regional Head Salary

(4 salaries)

₹4.7 L/yr - ₹14 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Branch Manager Salary

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₹1.5 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

(9 salaries)

₹6.65 L/yr - ₹8.4 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Cluster Manager Salary

(75 salaries)

₹3.15 L/yr - ₹7.2 L/yr

Salary related reviews for Spandana Sphoorty Financial

4.6

Rated by 8 employees for salary & benefits

Regional Head in Ranchi

Full Time

Finance & Accounting Department

1.0

• posted on 01 Dec 2022

3.0

for Salary and Benefits

Likes

Worst Culture in any organisation I ever seen, focusing only deduction and cost cuttings, No Management, shift timing is pathetic, Higher Authority just putting pressure so that employee can give the resignation, don't count your efforts. Head Office member not supportive at all. 13 years of experience to join this organisation was my biggest mistake.

Dislikes

Work Life Balance Salary Deduction without information Management Shift timing Politics in organisation Worst Boss

Skill development - Bad

+4 more

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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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 Regional Manager Salary FAQs

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

The average salary of a Regional Manager at Spandana Sphoorty Financial in India typically ranges from ₹3.6 Lakhs to ₹5.4 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Regional Manager at Spandana Sphoorty Financial earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Regional 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 Regional Manager at Spandana Sphoorty Financial in India?

The estimated take-home salary of a Regional Manager at Spandana Sphoorty Financial in India typically ranges from ₹38,716 to ₹39,900 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from Fresher to 5 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.

Which companies offer higher salaries than Spandana Sphoorty Financial for Regional Manager in India?

HDB Financial Services	₹32.5 Lakhs to ₹38.6 Lakhs per year
TVS Credit	₹12.5 Lakhs to ₹43.0 Lakhs per year
Bajaj Finance	₹12.0 Lakhs to ₹40.0 Lakhs per year
Kotak Mahindra Prime	₹22.5 Lakhs to ₹24.0 Lakhs per year
Tata Capital Housing Finance	₹15.5 Lakhs to ₹34.1 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 Regional Manager in companies similar to Spandana Sphoorty Financial in India?

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

Poonawalla Fincorp	₹18.0 Lakhs to ₹22.5 Lakhs per year
L&T Finance	₹9.1 Lakhs to ₹28.0 Lakhs per year
Mahindra Finance	₹7.5 Lakhs to ₹30.0 Lakhs per year
Five-Star Business Finance	₹13.0 Lakhs to ₹16.0 Lakhs per year
SMFG India Credit	₹11.8 Lakhs to ₹23.4 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 Regional Manager at Spandana Sphoorty Financial in India?

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

Experience	Average Salary Range
Fresher	₹5.4 Lakhs to ₹10.3 Lakhs per year
1 year	₹3.9 Lakhs to ₹10.2 Lakhs per year
2 years	₹4.9 Lakhs to ₹10.0 Lakhs per year
3 years	₹3.6 Lakhs to ₹9.8 Lakhs per year

and so on.

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Spandana Sphoorty Financial Regional Manager Salaries

Spandana Sphoorty Financial Regional Manager salary in India ranges between ₹3.6 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.