Srei Equipment Finance State Head Salaries by 4 Employees (Updated 2024)

16 - 20 years exp.

₹11 Lakhs - ₹13.4 Lakhs

Low Confidence

Salary of majority employees

27% less than the average State Head Salary in Financial Services Companies for 16 - 20 years of experience

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Last Updated: 10 Aug 2023

Companies similar to Srei Equipment Finance for State Head

Company name	Avg Annual Salary	Open Jobs
Tata Capital State Head Salary 11 - 23 years exp. (18 salaries)	₹8 L/yr - ₹25 L/yr 53% more
Mahindra Finance State Head Salary 14 - 23 years exp. (6 salaries)	₹14 L/yr - ₹24 L/yr 34% more	1 job opening
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Shriram Finance State Head Salary 12 - 23 years exp. (8 salaries)	₹13 L/yr - ₹22.2 L/yr 71% more
Bajaj Finance State Head Salary 12 - 14 years exp. (5 salaries)	₹16.6 L/yr - ₹23.5 L/yr 72% more
L&T Finance State Head Salary 9 - 21 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 62% more
Edelweiss State Head Salary 15 - 17 years exp. (4 salaries)	₹10.3 L/yr - ₹13 L/yr 6% more
ICICI Securities State Head Salary 11 - 18 years exp. (14 salaries)	₹11.9 L/yr - ₹17 L/yr 36% more
MAS Financial Services State Head Salary 8 - 24 years exp. (23 salaries)	₹12.5 L/yr - ₹21 L/yr 44% more	1 job opening
Bajaj Finserv State Head Salary 7 - 14 years exp. (5 salaries)	₹10.1 L/yr - ₹18 L/yr 13% more
JM Financial State Head Salary 13 - 22 years exp. (5 salaries)	₹16.3 L/yr - ₹19 L/yr 54% more
Aditya Birla Capital State Head Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹19 L/yr 4% more
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Muthoot Group State Head Salary 4 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹10 L/yr 34% less
Motilal Oswal Financial Services State Head Salary 11 - 16 years exp. (3 salaries)	₹7.2 L/yr - ₹22 L/yr 39% more
Motilal Oswal State Head Salary 16 - 20 years exp. (3 salaries)	₹26 L/yr - ₹27 L/yr 136% more

State Head salary at Srei Equipment Finance ranges between ₹11 Lakhs to ₹13.4 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Srei Equipment Finance.

Experience wise Srei Equipment Finance State Head salaries

Last Updated: 10 Aug 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹11 L/yr - ₹13.4 L/yr
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Similar Designation salaries in Srei Equipment Finance

Team Lead Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Sales Executive Salary

(4 salaries)

₹1.15 L/yr - ₹2.2 L/yr

Branch Manager Salary

(5 salaries)

₹5.1 L/yr - ₹13.5 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Srei Equipment Finance

4.0

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

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

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.

Dislikes

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

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

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.

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.

Dislikes

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

Manager in Kolkata

Legal & Regulatory Department

1.0

• posted on 12 May 2021

1.0

for Salary and Benefits

Likes

Nothing worst I have ever worked with. No policy of salary structure here Executive, Manager Sr manager, Chief Manager, VP , Sr. VP salary no parameter. No salary hike no appraisal for last 4 to 5 yrs

Dislikes

All are worst no salary structure no parameter based on the work allocation. No appraisal, No increment without going for proper review randlomly below rated the employee not to get their salary hikes

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Srei Equipment Finance State Head Salary FAQs

What is the salary of State Head at Srei Equipment Finance?

State Head salary at Srei Equipment Finance in India ranges between ₹11.0 Lakhs to ₹13.4 Lakhs for experience between 16 years to 20 years. According to our estimates it is 27% less than the average State Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Srei Equipment Finance India.

How does the salary of a State Head at Srei Equipment Finance India compare with the average salary range for this job?

The average salary of a State Head at Srei Equipment Finance is 27% less than the average salary of a State Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Srei Equipment Finance to a State Head in India?

Motilal Oswal State Head Salary - ₹26.0 Lakhs to ₹27.0 Lakhs per year
Bajaj Finance State Head Salary - ₹16.6 Lakhs to ₹23.5 Lakhs per year
Shriram Finance State Head Salary - ₹13.0 Lakhs to ₹22.2 Lakhs per year
L&T Finance State Head Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
JM Financial State Head Salary - ₹16.3 Lakhs to ₹19.0 Lakhs per year

What is the salary of a State Head in companies similar to Srei Equipment Finance in India?

Tata Capital State Head Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
MAS Financial Services State Head Salary - ₹12.5 Lakhs to ₹21.0 Lakhs per year
Motilal Oswal Financial Services State Head Salary - ₹7.2 Lakhs to ₹22.0 Lakhs per year
ICICI Securities State Head Salary - ₹11.9 Lakhs to ₹17.0 Lakhs per year
Mahindra Finance State Head Salary - ₹14.0 Lakhs to ₹24.0 Lakhs per year

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

The estimated take-home salary of a State Head at Srei Equipment Finance ranges between ₹80,745 per month to ₹82,848 per month in India. The take-home salary calculation is based on the average Srei Equipment Finance State Head salary in India which ranges between ₹11.0 Lakhs to ₹13.4 Lakhs per year for employees with experience between 16 years to 20 years. Check how did we calculate take home salary?

What is the notice period for State Head at Srei Equipment Finance?

According to AmbitionBox, 100% of the Srei Equipment Finance State Heads reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Srei Equipment Finance State Head Salaries

Srei Equipment Finance State Head salary in India ranges between ₹11 Lakhs to ₹13.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Srei Equipment Finance latest salaries received from various employees of Srei Equipment Finance.