Srei Equipment Finance Branch Manager Salaries by 5 Employees

11 - 23 years exp.

₹5.1 Lakhs - ₹13.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% less than the average Branch Manager Salary in Financial Services Companies for 11 - 23 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 11 - 16 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹6 L/yr
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Finance & Accounting Branch Manager Salary 16 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr

Last Updated: 26 May 2023

Companies similar to Srei Equipment Finance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
The Muthoot Group Branch Manager Salary 3 - 13 years exp. (180 salaries)	₹2.6 L/yr - ₹7.5 L/yr 38% less
ICICI Securities Branch Manager Salary 2 - 11 years exp. (152 salaries)	₹4.3 L/yr - ₹10 L/yr 10% less
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Edelweiss Branch Manager Salary 5 - 18 years exp. (128 salaries)	₹3.5 L/yr - ₹11.1 L/yr 10% less
Aditya Birla Capital Branch Manager Salary 2 - 15 years exp. (93 salaries)	₹4.2 L/yr - ₹14.6 L/yr 9% more
Bajaj Finserv Branch Manager Salary 3 - 9 years exp. (70 salaries)	₹3.2 L/yr - ₹8 L/yr 29% less
Geojit Financial Services Branch Manager Salary 8 - 16 years exp. (69 salaries)	₹3 L/yr - ₹7.2 L/yr 33% less	2 job openings
Sharekhan Branch Manager Salary 9 - 19 years exp. (59 salaries)	₹5.1 L/yr - ₹14.3 L/yr 20% more
Motilal Oswal Financial Services Branch Manager Salary 8 - 17 years exp. (55 salaries)	₹4.5 L/yr - ₹12 L/yr 15% less
Religare Branch Manager Salary 7 - 17 years exp. (47 salaries)	₹3.9 L/yr - ₹10 L/yr 14% less	2 job openings
Bajaj Capital Branch Manager Salary 3 - 13 years exp. (31 salaries)	₹2.4 L/yr - ₹9.9 L/yr 39% less
Nippon Life India Asset Management Branch Manager Salary 4 - 15 years exp. (29 salaries)	₹5.9 L/yr - ₹11.5 L/yr 2% less	5 job openings
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Reliance Capital Branch Manager Salary 3 - 15 years exp. (8 salaries)	₹2.5 L/yr - ₹7.8 L/yr 39% less
JM Financial Branch Manager Salary 6 - 22 years exp. (10 salaries)	₹5 L/yr - ₹9.6 L/yr 13% more
Alankit Branch Manager Salary 5 - 17 years exp. (9 salaries)	₹4.2 L/yr - ₹6 L/yr 30% less	1 job opening
Motilal Oswal Branch Manager Salary 5 - 14 years exp. (8 salaries)	₹3.5 L/yr - ₹7.5 L/yr 29% less
Aditya Birla Housing Finance Branch Manager Salary 6 - 11 years exp. (5 salaries)	₹3.8 L/yr - ₹8 L/yr 22% less
Muthoot Capital Services Branch Manager Salary 4 - 7 years exp. (4 salaries)	₹3 L/yr - ₹3.6 L/yr 59% less

Branch Manager salary at Srei Equipment Finance ranges between ₹5.1 Lakhs to ₹13.5 Lakhs per year for employees with experience between 11 years to 23 years. Salary estimates are based on 5 latest salaries received from various employees of Srei Equipment Finance.

Experience wise Srei Equipment Finance Branch Manager salaries

Last Updated: 26 May 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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13 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
14 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
15+ years (4 salaries)	₹5.1 L/yr - ₹13.5 L/yr

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Branch Head Salary

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₹8.6 L/yr - ₹14 L/yr

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₹2.5 L/yr - ₹3.2 L/yr

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Operations Manager Salary

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₹3.5 L/yr - ₹7.35 L/yr

Territory Manager Salary

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₹2.7 L/yr - ₹3.5 L/yr

Relationship Manager Salary

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₹3.05 L/yr - ₹4.25 L/yr

Salary related reviews for Srei Equipment Finance

5.0

Rated by 1 employees for salary & benefits

Sales Executive in Durgapur

Sales & Business Development Department

5.0

• posted on 12 Sep 2018

1.0

for Salary and Benefits

Likes

Team work was good but team leader was not at all a helping hand.Have to do work by own.No boundation of work limit and sometimes more than 10 to 11 hours

Skill development - Good

+1 more

Dislikes

...on was not as per needs, there are no other opportunity for growth in future....Simply for salary we have to work here no other opportunity was there

Salary - Bad

+1 more

Credit Manager in Nagpur

BFSI, Investments & Trading Department

5.0

• posted on 01 Jul 2018

3.0

for Salary and Benefits

Likes

SREI having excellent team and working with experienced team in order to source and to finance the customer. In terms of individual growth srei always stands as a good learning platform. For CME asset financing srei is altogether having good portfolio and customer backup for financing. Work enviornment is good and one can enjoy being a good work life balance in SREI.

Skill development - Excellent

+3 more

Dislikes

Compensation is decent. For entry level manager is also good. Srei always pays good as per experience of individual. Work pressure is also very high compared to any NBFC.

Office Assistant in Chandigarh

Full Time

Food, Beverage & Hospitality Department

5.0

• posted on 15 Jun 2023

2.0

for Salary and Benefits

Likes

I am working with company from last 6 years and wiring environment of srei is very good all staff is very helpful and supportive. I always like family here.

Skill development - Excellent

+4 more

Dislikes

Salary and promotion structure is not up to the market standards.

Salary - Poor

+1 more

Legal Manager in Kolkata

Full Time

Legal & Regulatory Department

2.0

• posted on 27 Mar 2022

2.0

for Salary and Benefits

Likes

Only job security there

Job security - Excellent

+1 more

Dislikes

No proper work culture. No motivation given by employer, compensation is not match according to the work load by junior management. Only senior management take the fruit of the work. No proper appraisal.

Salary - Poor

+4 more

Associate Vice President in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 30 May 2022

4.0

for Salary and Benefits

Likes

It's like a family, job security is 100%, the company will make sure you be at the right place where you can deliver best, Management are totally employee friendly and company gives full flexibility to employees in delivering their work.

Salary - Good

+6 more

Dislikes

Just one thing, salary structure should be within band for each grade.

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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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Srei Equipment Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Srei Equipment Finance ?

The average salary of a Branch Manager at Srei Equipment Finance in India typically ranges from ₹5.1 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 11 years to 23 years).

The top 10% of Branch Manager at Srei Equipment Finance earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Branch Manager Salaries at Srei Equipment Finance 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 5 Srei Equipment Finance employees in India.

What is the estimated take home salary of a Branch Manager at Srei Equipment Finance in India?

The estimated take-home salary of a Branch Manager at Srei Equipment Finance in India typically ranges from ₹59,424 to ₹60,925 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 11 years to 23 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 5 salaries received from various employees of Srei Equipment Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Srei Equipment Finance for Branch Manager in India?

Sharekhan	₹5.1 Lakhs to ₹14.3 Lakhs per year
JM Financial	₹5.0 Lakhs to ₹9.6 Lakhs per year
Aditya Birla Capital	₹4.2 Lakhs to ₹14.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Srei Equipment Finance, depending on the role and experience level.

What is the salary of a Branch Manager in companies similar to Srei Equipment Finance in India?

The salary of a Branch Manager at companies similar to Srei Equipment Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nippon Life India Asset Management	₹5.9 Lakhs to ₹11.5 Lakhs per year
ICICI Securities	₹4.3 Lakhs to ₹10.0 Lakhs per year
Edelweiss	₹3.5 Lakhs to ₹11.1 Lakhs per year
Religare	₹3.9 Lakhs to ₹10.0 Lakhs per year
Motilal Oswal Financial Services	₹4.5 Lakhs to ₹12.0 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 Srei Equipment Finance in India?

The salary growth for a Branch Manager at Srei Equipment Finance depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Srei Equipment Finance:

Experience	Average Salary Range
11 years	₹2.0 Lakhs to ₹6.0 Lakhs per year
12 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
13 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
14 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Srei Equipment Finance Branch Manager Salaries

Srei Equipment Finance Branch Manager salary in India ranges between ₹5.1 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Srei Equipment Finance latest salaries received from various employees of Srei Equipment Finance.