Varthana Assistant Branch Manager Salaries by 9 Employees

3 - 15 years exp.

₹5.3 Lakhs - ₹6.1 Lakhs

Salary of majority employees

17% more than the average Assistant Branch Manager Salary in NBFC Companies for 3 - 15 years of experience

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Salaries in different departments

Sales & Business Development Assistant Branch Manager Salary 6 - 15 years exp. (6 salaries)	₹5.3 L/yr - ₹6.1 L/yr
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BFSI, Investments & Trading Assistant Branch Manager Salary 3 - 8 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.1 L/yr

Last Updated: 21 Apr 2024

Companies similar to Varthana for Assistant Branch Manager

Company name	Avg Annual Salary	Open Jobs
Aptus Value Housing Finance India Assistant Branch Manager Salary 4 - 8 years exp. (38 salaries)	₹1.8 L/yr - ₹6 L/yr 25% less
Finova Capital Assistant Branch Manager Salary 1 - 8 years exp. (24 salaries)	₹1.9 L/yr - ₹4.5 L/yr 47% less
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Vistaar Finance Assistant Branch Manager Salary 0 - 7 years exp. (17 salaries)	₹2 L/yr - ₹3.5 L/yr 50% less
AVIOM Assistant Branch Manager Salary 3 - 8 years exp. (17 salaries)	₹2.8 L/yr - ₹6 L/yr 31% less
Muthoottu Mini Financiers Assistant Branch Manager Salary 1 - 12 years exp. (14 salaries)	₹1.8 L/yr - ₹3.6 L/yr 60% less
Tyger Capital Assistant Branch Manager Salary 3 - 6 years exp. (11 salaries)	₹3.5 L/yr - ₹4.3 L/yr 37% less
Altum Credo Home Finance Assistant Branch Manager Salary 1 - 7 years exp. (7 salaries)	₹3.5 L/yr - ₹4.5 L/yr 28% less
Fedbank Financial Services Assistant Branch Manager Salary 3 - 6 years exp. (6 salaries)	₹3.3 L/yr - ₹5 L/yr 28% less
Repco Home Finance Assistant Branch Manager Salary 8 - 14 years exp. (5 salaries)	₹3.8 L/yr - ₹7 L/yr 3% less
Jumbo Finvest India Assistant Branch Manager Salary 1 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹2.7 L/yr 60% less
Saija Finance Assistant Branch Manager Salary 3 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 61% less
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Kinara Capital Assistant Branch Manager Salary 5 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹5.4 L/yr 34% less
Kanakadurga Finance Assistant Branch Manager Salary 2 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 54% less
Dvara KGFS Assistant Branch Manager Salary 2 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹4 L/yr 36% less
Midland Microfin Limited Assistant Branch Manager Salary 1 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹3.4 L/yr 47% less
Bajaj Housing Finance Assistant Branch Manager Salary 1 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹3.5 L/yr 41% less
SBFC Finance Assistant Branch Manager Salary 5 - 10 years exp. (3 salaries)	₹3.9 L/yr - ₹5.7 L/yr 22% less

Assistant Branch Manager salary at Varthana ranges between ₹5.3 Lakhs to ₹6.1 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 9 latest salaries received from various employees of Varthana.

Experience wise Varthana Assistant Branch Manager salaries

Last Updated: 21 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹10.6 L/yr
11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
12 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹10.6 L/yr
13 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
14 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
15+ years (AmbitionBox Estimate)	₹5.3 L/yr - ₹10.6 L/yr

View all

Similar Designation salaries in Varthana

Branch Manager Salary

(17 salaries)

₹6.66 L/yr - ₹10 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Department Manager Salary

(4 salaries)

₹9.4 L/yr - ₹12 L/yr

Cluster Manager Salary

(11 salaries)

₹7.1 L/yr - ₹15.68 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Relationship Manager Salary

(236 salaries)

₹2.15 L/yr - ₹5.2 L/yr

Territory Manager Salary

(5 salaries)

₹4 L/yr - ₹4.25 L/yr

Sales Manager Salary

(4 salaries)

₹3.4 L/yr - ₹4.35 L/yr

Senior Relationship Manager Salary

(22 salaries)

₹3.45 L/yr - ₹6 L/yr

Top skills at Varthana for Assistant Branch Manager

Credit Risk Operational Risk Credit Assessment Credit Management Branch Management Market Risk Retail Sales KYC Sales Lap Portfolio Analysis Sales Management Team Handling Bfsi Sales

Salary related reviews for Varthana

4.7

Rated by 7 employees for salary & benefits

Relationship Manager in New Delhi

Full Time

Sales Department

4.0

• posted on 01 Dec 2022

4.0

for Salary and Benefits

Likes

Flexible working hour, salary and reimbursement release on time

Salary - Good

+1 more

Dislikes

Politics between staff and senior manager new joiner can't stable on account of them , senior staff behaviour also not good to new joiner

Skill development - Poor

+1 more

Relationship Manager in Vijayawada

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 09 Apr 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisal are fair and they give good salary hike and promotions bonus every year.

Salary - Excellent

+6 more

Dislikes

Relationship Manager in Jalndhar

Finance Department

5.0

• posted on 01 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture, Teammates are supportive and the management is transparent. Company polices are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Nothing for that column

Relationship Manager in Thane Mumbai

Full Time

Finance Department

5.0

• posted on 28 Mar 2021

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Excellent

+4 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

Relationship Manager in Lucknow

Finance & Accounting Department

4.0

• posted on 30 Apr 2019

4.0

for Salary and Benefits

Likes

...cts and each subject training must be learnt & development part in my career. Salary was low in my side. Overall wonderful experience in Varthana Thirumeni Finance Ltd at Lucknow Branch.

Salary - Good

+4 more

Dislikes

Spoke Area working and easy process disbursal.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Varthana Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Varthana ?

The average salary of a Assistant Branch Manager at Varthana in India typically ranges from ₹5.3 Lakhs to ₹6.1 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Assistant Branch Manager at Varthana earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. Assistant Branch Manager Salaries at Varthana 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 9 Varthana employees in India.

What is the estimated take home salary of a Assistant Branch Manager at Varthana in India?

The estimated take-home salary of a Assistant Branch Manager at Varthana in India typically ranges from ₹44,819 to ₹45,913 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from 3 years to 15 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 9 salaries received from various employees of Varthana. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Branch Manager at Varthana ?

To be a Assistant Branch Manager at Varthana in india, the key skills required include:

- Credit Risk
- Operational Risk
- Credit Assessment
- Credit Management
- Branch Management

These skills are highly valued at Varthana and are crucial for successful performance in a Software Engineering role.

What is the salary of a Assistant Branch Manager in companies similar to Varthana in India?

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

Repco Home Finance	₹3.8 Lakhs to ₹7.0 Lakhs per year
SBFC Finance	₹3.9 Lakhs to ₹5.7 Lakhs per year
Aptus Value Housing Finance India	₹1.8 Lakhs to ₹6.0 Lakhs per year
Altum Credo Home Finance	₹3.5 Lakhs to ₹4.5 Lakhs per year
Fedbank Financial Services	₹3.3 Lakhs to ₹5.0 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 Assistant Branch Manager at Varthana in India?

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

Experience	Average Salary Range
3 years	₹2.4 Lakhs to ₹6.1 Lakhs per year
4 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
5 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
6 years	₹2.4 Lakhs to ₹6.1 Lakhs per year

and so on.

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Varthana Assistant Branch Manager Salaries

Varthana Assistant Branch Manager salary in India ranges between ₹5.3 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Varthana latest salaries received from various employees of Varthana.