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Sundaram Finance Junior Associate salaries in India

Annual salary range
0 - 4 years exp.
₹0.9 Lakh - ₹2 Lakhs
Salary of majority employees
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67% less than the average Junior Associate Salary in NBFC Companies for 0 - 4 years of experience

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Last Updated: 9 Mar 2024

Companies similar to Sundaram Finance for Junior Associate

Company name Avg Annual Salary Open Jobs
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₹1.6 L/yr - ₹2.9 L/yr

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Shriram Finance Junior Associate Salary

0 - 1 year exp. (3 salaries)

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₹1.8 L/yr - ₹3 L/yr

arrow icon 75% more
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₹2 L/yr - ₹3 L/yr

arrow icon 98% more
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Kotak Mahindra Bank Junior Associate Salary

0 - 7 years exp. (843 salaries)

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₹1 L/yr - ₹4 L/yr

arrow icon 101% more
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Kotak Mahindra Prime Junior Associate Salary

0 - 6 years exp. (234 salaries)

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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 92% more
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Manappuram Finance Junior Associate Salary

0 - 2 years exp. (20 salaries)

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₹1.1 L/yr - ₹3 L/yr

arrow icon 61% more
Junior Associate salary at Sundaram Finance ranges between ₹0.9 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 14 latest salaries received from various employees of Sundaram Finance.

Latest annual salaries shared by Sundaram Finance Junior Associate

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Experience wise Sundaram Finance Junior Associate salaries

Last Updated: 9 Mar 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1 L/yr - ₹2 L/yr
1 year  (5 salaries)

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₹1.1 L/yr - ₹1.5 L/yr
2 years  (4 salaries)

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₹1 L/yr - ₹1.5 L/yr
3 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.2 L/yr

Similar Designation salaries in Sundaram Finance

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₹1.6 L/yr - ₹4 L/yr
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₹1.1 L/yr - ₹2.5 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹2.1 L/yr - ₹4 L/yr
Analyst Salary
(5 salaries)
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₹2 L/yr - ₹2.9 L/yr
Accountant Salary
(6 salaries)
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₹1.1 L/yr - ₹5.8 L/yr
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₹1.65 L/yr - ₹4.8 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(138 salaries)
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₹5.15 L/yr - ₹11.44 L/yr
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₹3 L/yr - ₹3.4 L/yr

Salary related reviews for Sundaram Finance

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 03 May 2023

2.0
 for  Salary and Benefits

Likes

Job security, family based environment and sundaram values that existed in past.

  • Job security - Good

Dislikes

Transfer to other deparments without discussion, slow promotions, Employee unfriendly salary structures, NO time for family.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Credit Operation Department

5.0
  •  posted on 05 Apr 2022

3.0
 for  Salary and Benefits

Likes

...ds on how one takes advantage of the same. Support from management for learning. Not big on compensation for middle level employees.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Appraisal and compensation.

Finance & Accounting Department

5.0
  •  posted on 31 Oct 2019

3.0
 for  Salary and Benefits

Likes

This is like a gurukulam where we can learn end to end process in accounting. Give lot of exposures from bottom to top. Employee are not just colleguge they will be like a family member.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Slow growth in terms of compensation.

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 17 Sep 2023

3.0
 for  Salary and Benefits

Likes

I like that no matter what your salary gets credited on the last day of every month. I like the fact that even during the Covid, there were not major layoffs. I like that the company gives 2 Saturdays off in a month, so you don't have to work 6 days every week.

read more
  • Job security - Good

Dislikes

I don't like that most of the responsibilities are on the shoulders of Cashiers of the branch, every day he has to reach office at 9:30am sharp and open the office (while the field staff can come late at 10:30am) and have to sit in the evening till 7 or 8 sometimes till everybody leaves because he is the one who has to close the office. Cashier's duties are not limited but can extend upon the work given to him. He has to make arrangements to fix any issues that the branch faces, right from IT related issues to electrical failures from handling sweepers etc. The company is very conservative, you'll have to provide proof for every penny spent from company's account. Moreover, company's polices of making payment to vendors/suppliers is pathetic, supplier will have to provide lots of documents so that their code is created in the company, most of the small vendors will not provide so many details. Even after opening the code company will cut the TDS and make the payment to the vendor. I'm not even mentioning other tasks a cashier has to perform because the list is too long, and most of the tasks I take it as my duty even though it does not come under my job profile.

read more
  • Promotions - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 02 Oct 2023

2.0
 for  Salary and Benefits

Likes

The thing which I liked is lost, the USP of Sundaram is gone, no value for talent, only favourism works here. The atmosphere has worsened in the last 4 years and is going to be worse in the coming days too.

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  • Job security - Good
  • +1 more

Dislikes

Favourism, no value of talent, no motivations, very late promotions and miniscule salary hikes

read more
  • Salary - Poor
  • +3 more
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Sundaram Finance Junior Associate Salary FAQs

What is the salary of Junior Associate at Sundaram Finance ?
The average salary of a Junior Associate at Sundaram Finance in India typically ranges from ₹0.9 Lakhs to ₹2.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Junior Associate at Sundaram Finance earn more than ₹1.6 Lakhs per year, and the top 1% earn over ₹2.0 Lakhs per year. Junior Associate Salaries at Sundaram 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 10+ Sundaram Finance employees in India.
What is the estimated take home salary of a Junior Associate at Sundaram Finance in India?
The estimated take-home salary of a Junior Associate at Sundaram Finance in India typically ranges from ₹8,560 to ₹9,516 per month. This is based on the average salary range of ₹0.9 Lakhs to ₹2.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 10+ salaries received from various employees of Sundaram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Sundaram Finance for Junior Associate in India?
Kotak Mahindra Bank ₹1.0 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.0 Lakhs to ₹3.0 Lakhs per year
Kotak Mahindra Prime ₹1.1 Lakhs to ₹3.5 Lakhs per year
Shriram Finance ₹1.8 Lakhs to ₹3.0 Lakhs per year
Cholamandalam Investment & Finance ₹1.6 Lakhs to ₹2.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Sundaram Finance, depending on the role and experience level.
What is the salary of a Junior Associate in companies similar to Sundaram Finance in India?
The salary of a Junior Associate at companies similar to Sundaram Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Manappuram Finance ₹1.1 Lakhs to ₹3.0 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 Junior Associate at Sundaram Finance in India?
The salary growth for a Junior Associate at Sundaram Finance depends on factors such as experience, performance, and promotions. On average, a Junior Associate can expect the following growth trajectory at Sundaram Finance:

Experience Average Salary Range
Fresher ₹1.0 Lakhs to ₹2.0 Lakhs per year
1 year ₹1.1 Lakhs to ₹1.5 Lakhs per year
2 years ₹1.0 Lakhs to ₹1.5 Lakhs per year
3 years ₹0.9 Lakhs to ₹2.3 Lakhs per year
and so on.

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Sundaram Finance Junior Associate salary in India ranges between ₹0.9 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Sundaram Finance latest salaries received from various employees of Sundaram Finance.