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Poonawalla Fincorp

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3.9

based on 1.5k Reviews

HQ - Mumbai, Maharashtra, India NBFC 5k-10k Employees (India) Public
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Poonawalla Fincorp Salaries in India

based on 5.2k latest salaries

3.7

Rated by 1.5k Employees for salary and benefits

Top Departments at Poonawalla Fincorp
Designation Average Salary
Yearly arrow-down

Senior Field Officer

Experience: 1 - 9 yrs (206 Salaries)
₹ 3,04,519/year

(₹1.6L/yr - ₹4.6L/yr)

Field Officer

Experience: 1 - 9 yrs (157 Salaries)
₹ 2,80,474/year

(₹1.1L/yr - ₹4.0L/yr)

Deputy Manager

Experience: 1 - 16 yrs (156 Salaries)
₹ 7,12,654/year

(₹4.4L/yr - ₹10.0L/yr)

Branch Manager

Experience: 7 - 17 yrs (153 Salaries)
₹ 6,81,884/year

(₹3.5L/yr - ₹10.5L/yr)

Area Credit Manager

Experience: 5 - 13 yrs (147 Salaries)
₹ 10,12,794/year

(₹4.2L/yr - ₹17.1L/yr)

Relationship Manager

Experience: 1 - 10 yrs (123 Salaries)
₹ 4,42,347/year

(₹2.4L/yr - ₹6.8L/yr)

Credit Manager

Experience: 0 - 9 yrs (92 Salaries)
₹ 5,89,207/year

(₹3.3L/yr - ₹8.4L/yr)

Area Sales Manager

Experience: 5 - 15 yrs (91 Salaries)
₹ 9,61,248/year

(₹4.0L/yr - ₹15.8L/yr)

Operations Executive

Experience: 1 - 6 yrs (72 Salaries)
₹ 2,75,814/year

(₹1.5L/yr - ₹4.2L/yr)

Area Manager

Experience: 4 - 13 yrs (68 Salaries)
₹ 4,82,923/year

(₹2.6L/yr - ₹7.5L/yr)

Last Updated: 25 Sep, 2023

Poonawalla Fincorp Salary FAQs

How much does Poonawalla Fincorp pay per year?
The average Poonawalla Fincorp salary ranges from approximately ₹1.6 Lakhs per year for a Operations Associate to ₹95.6 Lakhs per year for a Senior Vice President. Salary estimates are based on 5.2k Poonawalla Fincorp salaries received from various employees of Poonawalla Fincorp. Poonawalla Fincorp employees rate the overall salary and benefits package 3.7/5 stars.
What is the highest salary in Poonawalla Fincorp?
The highest-paying job at Poonawalla Fincorp is a Senior Vice President with a salary of ₹95.6 Lakhs per year. The top 10% of employees earn more than ₹16.47 lakhs per year. The top 1% earn more than a whopping ₹52.61 lakhs per year.
What is the minimum salary in Poonawalla Fincorp?
Minimum salary at Poonawalla Fincorp depends on the role you are applying for. For Field Officer the minimum salary is ₹2.8 Lakhs per year, for Senior Field Officer the minimum salary is ₹3.1 Lakhs per year and so on.
What is the salary package for freshers in Poonawalla Fincorp?
The average salary at Poonawalla Fincorp for freshers varies from ₹2.7 Lakhs per year for Credit Processing Associate to ₹6.2 Lakhs per year for Branch Sales Manager. View Fresher Salaries at Poonawalla Fincorp
What is the notice period at Poonawalla Fincorp?
According to AmbitionBox, 30% of the Poonawalla Fincorp employees reported a notice period of 3 Months, 29% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 2.8k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at Poonawalla Fincorp

Sr. Regional Credit Manager in Kolkata

Full Time

 · 

Banking Operations Department

1.0
posted on 24 Jul 2023

1.0 for Salary and Benefits

Likes

Salary and Incentives structures frequently changed All days are working despite mentioned as holidays as per calendar Politics in promotions. its hire and fire. There is no Human values. Dignity is least. Zero skill development. They suck your blood and there after they kick you out ruthlessly. Sponsoring events they buy trophies as Best Brand to Work, Great Place to Work etc. Worst working culture. No one who knows this organization would join. Despite decent hikes were offered, no one is willing to join. People who left were offered 30% hikes still not joined back. So company is doing Campus recruitment as no once would know the situation of the company. Huge attrition numbers speaks the Cultue

Dislikes

People with high pride with zero ground knowledge are running the company. Poor decisioning skills. all the decision taken in last 2 years have failed. Building book by acquiring portfolios of small companies Or Co-funding methods. It is not actual Organic growth

Work Details

Work timings: Strict Timings

General Manager in Pune, Maharashtra

Full Time

 · 

Technology / IT Department

1.0
posted on 21 Jun 2023

2.0 for Salary and Benefits

Likes

Only PRO about the company is, MARKET REPUTATION. Because of Poonawalla surname, people attract to know if you are working with Poonawalla and that too in that astonishing building in KP

Dislikes

...Never pay 100 percent variable Worst medical insurance Bad company policies Extremely stressful environment Put off AC sometimes to save money

Work Details

Work days: Monday to Friday (Strict Timings)

Work related travel: This is a desk job.

Senior Executive in Thrissur, Kerala

Full Time

 · 

Sales Support & Operations Department

4.0
posted on 17 Jun 2023

4.0 for Salary and Benefits

Likes

On Roll benefits good salary and good experience

Dislikes

Management changes all new executives off roll. company good growth and developed by almost executives side. new management removed that on roll benefits. I am not suggesting any people off role.

Work Details

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Compliance Officer in Bangalore Rural, Karnataka

Full Time

 · 

Accounting & Taxation Department

1.0
posted on 20 May 2023

1.0 for Salary and Benefits

Likes

Notihng

Dislikes

It is doing witch hunt of MFL employees. Only company which doesn't pay salary as per CTC mentioned Policy making is always to cut salaries, allowances incentives Intimidates people either to terminate or transfer to HO. Human Resource Department is most inhuman. They will show hell during notice period. Asking to deposit notice shortage amount first for early reliving. Earned leaves are paid as per basic salary. Short of notice will be dedcuted on Gross salary which one will never earn in his life time this company. Leave credits are not adjusted for short of notice period. Even you serve entire financial year you are not paid bonus which is part of CTC in final settlement. working days are not as per HR policy. Saturday Sunday, Public holidays all are working days

Work Details

Work timings: Strict Timings

Work related travel: This job involves Travel Within Country.

Credit Processing Associate in Pune, Maharashtra

Full Time

 · 

Finance Department

5.0
posted on 12 May 2023

3.0 for Salary and Benefits

Likes

The company is very good, the people working in it and all my seniors are also very supportive. There is a lot to learn in this company. Work life and personal life can also be maintained in this company. The company has tried its best to provide the best facilities to the working employees.

Dislikes

Everything is good in this company, but there are no facilities for the offrol employees, neither salary increase nor promotion, but the offrol employee is working as much as the onroll employee.

Work Details

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

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Average annual salary in Poonawalla Fincorp is INR 8.1 lakhs . Salary estimates are based on 5.2k Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.