Suryoday Small Finance Bank Manager M1 Salaries by 5 Employees

10 - 13 years exp.

₹8 Lakhs - ₹11.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% less than the average Manager M1 Salary in Banking Companies for 10 - 13 years of experience

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Salaries in different departments

Finance & Accounting Manager M1 Salary 11 - 13 years exp. (3 salaries)	₹9 L/yr - ₹11.3 L/yr
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BFSI, Investments & Trading Manager M1 Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹8 L/yr

Last Updated: 21 Nov 2024

Companies similar to Suryoday Small Finance Bank for Manager M1

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Manager M1 Salary 4 - 11 years exp. (46 salaries)	₹3.5 L/yr - ₹8.8 L/yr 22% less
IDFC FIRST Bank Manager M1 Salary 4 - 12 years exp. (44 salaries)	₹5 L/yr - ₹9.5 L/yr 11% less
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AU Small Finance Bank Manager M1 Salary 2 - 13 years exp. (36 salaries)	₹3.6 L/yr - ₹11 L/yr 15% less
Yes Bank Manager M1 Salary 1 - 13 years exp. (35 salaries)	₹5.5 L/yr - ₹10.1 L/yr 8% less
Equitas Small Finance Bank Manager M1 Salary 7 - 13 years exp. (23 salaries)	₹5.6 L/yr - ₹11 L/yr 3% less
RBL Bank Manager M1 Salary 4 - 17 years exp. (19 salaries)	₹5.7 L/yr - ₹11.9 L/yr 7% less
Standard Chartered Manager M1 Salary 5 - 10 years exp. (6 salaries)	₹6.9 L/yr - ₹10 L/yr 12% more
IDBI Bank Manager M1 Salary 5 - 14 years exp. (5 salaries)	₹13.5 L/yr - ₹20 L/yr 117% more
Karur Vysya Bank Manager M1 Salary 6 - 12 years exp. (5 salaries)	₹6 L/yr - ₹9 L/yr 11% less
CSB Bank Manager M1 Salary 7 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹6 L/yr 30% less
Jana Small Finance Bank Manager M1 Salary 10 - 16 years exp. (4 salaries)	₹6 L/yr - ₹6.5 L/yr 23% less
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Ujjivan Small Finance Bank Manager M1 Salary 5 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹6.2 L/yr 34% less
City Union Bank Manager M1 Salary 13 - 17 years exp. (3 salaries)	₹11 L/yr - ₹13.8 L/yr 46% more

Manager M1 salary at Suryoday Small Finance Bank ranges between ₹8 Lakhs to ₹11.3 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Suryoday Small Finance Bank.

Experience wise Suryoday Small Finance Bank Manager M1 salaries

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.2 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹9 L/yr
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12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹11.3 L/yr
13 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11.3 L/yr

Similar Designation salaries in Suryoday Small Finance Bank

Team Manager Salary

(AmbitionBox Estimate)

₹10.1 L/yr - ₹12.9 L/yr

Area Manager Salary

(43 salaries)

₹3.8 L/yr - ₹9.86 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Branch Manager Salary

(183 salaries)

₹2.2 L/yr - ₹11 L/yr

Deputy Manager Salary

(106 salaries)

₹2.95 L/yr - ₹9.38 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Project Manager Salary

(4 salaries)

₹4.55 L/yr - ₹7.01 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹8.2 L/yr - ₹10.5 L/yr

Operations Manager Salary

(10 salaries)

₹4.5 L/yr - ₹9.46 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Salary related reviews for Suryoday Small Finance Bank

5.0

Rated by 2 employees for salary & benefits

Operations Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jan 2022

2.0

for Salary and Benefits

Likes

Hi this is Tejas and I'm working with ssfbl since one year. As a fresh role in this organisation Im learning small small things with detail. Nice organization but they paid less as compare to other bank but as compare to other bank peace is here. I'm enjoying my work and organisations also

Skill development - Excellent

+2 more

Dislikes

Conveyance not giving Less salary paid Some things are manual to do the entry

Salary - Poor

Relationship Manager in Coimbatore

Full Time

Finance & Accounting Department

2.0

• posted on 26 May 2019

3.0

for Salary and Benefits

Likes

Salary gets credited before date itself to your account.

Company culture - Good

Dislikes

No job security, anything can happen anytime. HR department is terrible. You cannot question anyone. No carrier growth or learning. Most people lose their enthusiasm and confidence once they enter and stay in the system.

Skill development - Bad

+4 more

Deputy Manager in Navi Mumbai

Data Science & Analytics Department

2.0

• posted on 15 Nov 2021

1.0

for Salary and Benefits

Likes

High opportunities Poor HR policies No overtime pay Extremely stressful work Poor senior management

Promotions - Good

Dislikes

Poor worklife balance Poor HR policies No overtime pay Stressful work Poor senior management

Salary - Bad

+3 more

Relationship Manager in Thane

Sales & Business Development Department

5.0

• posted on 06 May 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

No dislike

Relationship Manager in Bhubaneswar

Sales & Business Development Department

1.0

• posted on 22 Jul 2019

2.0

for Salary and Benefits

Likes

One good thing is that the employees get paid on time .

Dislikes

...ve within the organisation . Bosses are showing there color , no career growth .salary comparatively low .Don't go by name ' Suryoday Bank ' , it's actually a mfi .

Salary - Poor

+6 more

see more salary related reviews

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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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Suryoday Small Finance Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at Suryoday Small Finance Bank ?

The average salary of a Manager M1 at Suryoday Small Finance Bank in India typically ranges from ₹8.0 Lakhs to ₹11.3 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Manager M1 at Suryoday Small Finance Bank earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹11.3 Lakhs per year. Manager M1 Salaries at Suryoday Small Finance Bank 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 Suryoday Small Finance Bank employees in India.

What is the estimated take home salary of a Manager M1 at Suryoday Small Finance Bank in India?

The estimated take-home salary of a Manager M1 at Suryoday Small Finance Bank in India typically ranges from ₹60,145 to ₹61,666 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹11.3 Lakhs per year for employees with experience ranging from 10 years to 13 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 Suryoday Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Suryoday Small Finance Bank for Manager M1 in India?

IDBI Bank	₹13.5 Lakhs to ₹20.0 Lakhs per year
City Union Bank	₹11.0 Lakhs to ₹13.8 Lakhs per year
Standard Chartered	₹6.9 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Manager M1 in companies similar to Suryoday Small Finance Bank in India?

The salary of a Manager M1 at companies similar to Suryoday Small Finance Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Equitas Small Finance Bank	₹5.6 Lakhs to ₹11.0 Lakhs per year
RBL Bank	₹5.7 Lakhs to ₹11.9 Lakhs per year
Yes Bank	₹5.5 Lakhs to ₹10.1 Lakhs per year
IDFC FIRST Bank	₹5.0 Lakhs to ₹9.5 Lakhs per year
Karur Vysya Bank	₹6.0 Lakhs to ₹9.0 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 Manager M1 at Suryoday Small Finance Bank in India?

The salary growth for a Manager M1 at Suryoday Small Finance Bank depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at Suryoday Small Finance Bank:

Experience	Average Salary Range
10 years	₹8.0 Lakhs to ₹15.2 Lakhs per year
11 years	₹8.0 Lakhs to ₹9.0 Lakhs per year
12 years	₹3.5 Lakhs to ₹11.3 Lakhs per year
13 years	₹3.6 Lakhs to ₹11.3 Lakhs per year

and so on.

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Suryoday Small Finance Bank Manager M1 Salaries

Suryoday Small Finance Bank Manager M1 salary in India ranges between ₹8 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Suryoday Small Finance Bank latest salaries received from various employees of Suryoday Small Finance Bank.