VECTOR FINANCE Branch Manager Salaries by 8 Employees (Updated 2024)

3 - 10 years exp.

₹2.2 Lakhs - ₹3 Lakhs

Salary of majority employees

70% less than the average Branch Manager Salary in Financial Services Companies for 3 - 10 years of experience

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Last Updated: 1 Oct 2023

Companies similar to VECTOR FINANCE for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Branch Manager Salary 4 - 12 years exp. (117 salaries)	₹2.9 L/yr - ₹8.2 L/yr 125% more	3 job openings
HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.7k salaries)	₹6.5 L/yr - ₹23 L/yr 441% more	4 job openings
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ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	₹5.3 L/yr - ₹22 L/yr 383% more
Kotak Mahindra Bank Branch Manager Salary 7 - 21 years exp. (1k salaries)	₹6.6 L/yr - ₹25.6 L/yr 503% more	2 job openings
Axis Bank Branch Manager Salary 8 - 22 years exp. (331 salaries)	₹6.2 L/yr - ₹23 L/yr 468% more	2 job openings
Sammaan Capital Limited Branch Manager Salary 4 - 15 years exp. (26 salaries)	₹3.5 L/yr - ₹7 L/yr 114% more
State Bank of India Branch Manager Salary 5 - 16 years exp. (310 salaries)	₹7.5 L/yr - ₹30 L/yr 563% more
Aditya Birla Capital Branch Manager Salary 1 - 13 years exp. (96 salaries)	₹4.5 L/yr - ₹12.3 L/yr 196% more
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (625 salaries)	₹7 L/yr - ₹26 L/yr 473% more	1 job opening
Bss Microfinance Branch Manager Salary 2 - 7 years exp. (41 salaries)	₹2.5 L/yr - ₹4.7 L/yr 39% more	10 job openings
Dmi Housing Finance Branch Manager Salary 4 - 15 years exp. (31 salaries)	₹5 L/yr - ₹9.8 L/yr 188% more
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Sonata Finance Branch Manager Salary 2 - 7 years exp. (40 salaries)	₹1.2 L/yr - ₹4.5 L/yr 4% less
Karvy Financial Services Branch Manager Salary 6 - 13 years exp. (9 salaries)	₹3.5 L/yr - ₹7.5 L/yr 81% more
Reliance Money Branch Manager Salary 7 - 12 years exp. (5 salaries)	₹4 L/yr - ₹8 L/yr 111% more
ART Housing Finance (India) Branch Manager Salary 5 - 10 years exp. (4 salaries)	₹4 L/yr - ₹7.8 L/yr 132% more
Profectus Capital Branch Manager Salary 6 - 10 years exp. (4 salaries)	₹5.5 L/yr - ₹6.5 L/yr 127% more

Branch Manager salary at VECTOR FINANCE ranges between ₹2.2 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 8 latest salaries received from various employees of VECTOR FINANCE.

Experience wise VECTOR FINANCE Branch Manager salaries

Last Updated: 1 Oct 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.9 L/yr
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5 years (3 salaries)	₹2.2 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.9 L/yr
7 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.7 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.7 L/yr

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Similar Designation salaries in VECTOR FINANCE

Area Manager Salary

(5 salaries)

₹4.4 L/yr - ₹7.55 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Branch Head Salary

(21 salaries)

₹2.2 L/yr - ₹4 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Assistant Branch Manager Salary

(5 salaries)

₹1.65 L/yr - ₹2.1 L/yr

Area Head Salary

(4 salaries)

₹4.08 L/yr - ₹5 L/yr

Cluster Head Salary

(4 salaries)

₹6.5 L/yr - ₹9.55 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for VECTOR FINANCE

3.1

Rated by 5 employees for salary & benefits

Sales Officer in Balod

BFSI, Investments & Trading Department

5.0

• posted on 23 Mar 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.

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

Branch Head in Orissa

Finance & Accounting Department

1.0

• posted on 12 Jan 2021

1.0

for Salary and Benefits

Likes

Company policies are good,they not good salary hike and also bonus

Dislikes

There is a lot of political & the management doesn't address our issue.salary & career growth is low,on the job training is given to new joiness

see more salary related reviews

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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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VECTOR FINANCE Branch Manager Salary FAQs

What is the salary of Branch Manager at VECTOR FINANCE?

Branch Manager salary at VECTOR FINANCE in India ranges between ₹2.2 Lakhs to ₹3.0 Lakhs for experience between 3 years to 10 years. According to our estimates it is 70% less than the average Branch Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of VECTOR FINANCE India.

How does the salary of a Branch Manager at VECTOR FINANCE India compare with the average salary range for this job?

The average salary of a Branch Manager at VECTOR FINANCE is 70% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than VECTOR FINANCE to a Branch Manager in India?

State Bank of India Branch Manager Salary - ₹7.5 Lakhs to ₹30.0 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - ₹6.6 Lakhs to ₹25.6 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - ₹7.0 Lakhs to ₹26.0 Lakhs per year
Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to VECTOR FINANCE in India?

ICICI Bank Branch Manager Salary - ₹5.3 Lakhs to ₹22.0 Lakhs per year
Aditya Birla Capital Branch Manager Salary - ₹4.5 Lakhs to ₹12.3 Lakhs per year
Dmi Housing Finance Branch Manager Salary - ₹5.0 Lakhs to ₹9.8 Lakhs per year
ART Housing Finance (India) Branch Manager Salary - ₹4.0 Lakhs to ₹7.8 Lakhs per year
Profectus Capital Branch Manager Salary - ₹5.5 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Branch Manager at VECTOR FINANCE in India?

The estimated take-home salary of a Branch Manager at VECTOR FINANCE ranges between ₹19,097 per month to ₹20,774 per month in India. The take-home salary calculation is based on the average VECTOR FINANCE Branch Manager salary in India which ranges between ₹2.2 Lakhs to ₹3.0 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at VECTOR FINANCE?

According to AmbitionBox, 67% of the VECTOR FINANCE Branch Managers reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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VECTOR FINANCE Branch Manager Salaries

VECTOR FINANCE Branch Manager salary in India ranges between ₹2.2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 VECTOR FINANCE latest salaries received from various employees of VECTOR FINANCE.