Equitas Small Finance Ltd

Branch Manager

Equitas Small Finance Ltd
Bikaner
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 5 yearsMin. 5 years

Job Description

Branch Manager


BRANCH MANAGER KRA's FY-26-27



 



 Category



Parameters

Parameter Weight 

%

Target - M/U/SU/R

Achievement Scale






Business





Inc FB - House of Qualified Elite

7.50%

As per Branch Budget

0% to 200%

CASA NTB AMB Value in Rs Crs

17.50%

As per Branch Budget

0% to 300%

Incremental CA AMB Value in Crs

10.00%

As per Branch Budget

0% to 200%

Incremental SA AMB Value in Crs

12.50%

As per Branch Budget

0% to 200%

Incremental RTD EOP in Crs

15.00%

As per Branch Budget

0% to 200%

Incremental BTD EOP In Cr

7.50%

As per Branch Budget

0% to 200%

TPP Income (Ins & MF) Rs in Lakhs

10.00%

As per Branch Budget

0% to 300%

GL POS Inc Growth 

7.50%

As per Branch Budget

0% to 200%

Other Assets

7.50%

As per Branch Budget

0% to 200%

Inc PH as per Budget (Nos) including CC /PL

5.00%

As per Branch Budget

0% to 200%



Business score contribution %

100.00%








Operations and Compliance 





Audit & Compliance: 

 # High - (-5)

 # Medium - 0

 # Low - 5

5.00%



Profiling and Txn Compliance: Ensure that quality accounts sourced through branches are high by way of following outcomes: 

 # Nil STRs to be filed out of CASA Accounts. # Conduct training to all the New joiners in the branch on Customer profiling, Onboarding, AML/KYC Norms.

 # Ensure training/reiteration on the AML/KYC Norms to the entire Branch team on Monthly basis. 

5.00%




Operational score contribution %

10.00%



 Business score contribution % + Operational score 

110.00%  contribution %



Docker: From Final Score




Docker on branch related frauds and Ops loss - 10% (applicable for YTD)



Docker on Branch Staff Attrition above 25% - 10%



CRM updating on monthly basis for mapped customers has to be minimum 75% - 5%










BRANCH MANAGER SOP's FY-26_27



Category

Parameters

Parameter Weight %

Target 

Achievement Scale




Business Quantitative 




Inc FB - House of Qualified Elite

7.50%

As per Budget

0% to 200%

CASA NTB AMB Value in Rs Crs

17.50%

As per Budget

0% to 300%

Incremental CA AMB Value in Crs

10.00%

As per Budget

-50% to 300%

Incremental SA AMB Value in Crs

12.50%

As per Budget

-50% to 300%

Incremental RTD EOP in Crs

15.00%

As per Budget

-50% to 300%

Incremental BTD EOP In Cr

7.50%

As per Budget

0% to 200%

TPP Income (Ins & MF) Rs in Lakhs

10.00%

As per Budget

0% to 300%

GL POS Inc Growth 

7.50%

As per Budget

0% to 200%

Other Assets

7.50%

As per Budget

0% to 200%

Inc PH as per Budget (Nos) including CC /PL

5.00%

As per Budget

0% to 200%



100.00%




 BM Incentive (Monthly)

Parameters Achievement %


Branch Segmentation / Monthly Incentive (in Rs)

A+

A

B

C

D

E

200% & above

 1,00,000 

 80,000 

 60,000

 40,000

 30,000

 15,000


150% - 199.99%

 80,000 

 64,000 

 48,000

 32,000

 24,000

 12,000

100% -149.99%

 60,000 

 48,000 

 36,000

 24,000

 18,000

 9,000

80%-99.99%

 35,000 

 28,000 

 21,000

 14,000

 10,500

 5,250

60%-79.99%

 25,000 

 20,000 

 15,000

 10,000

 7,500

 3,750

50%-59.99%

 15,000 

 12,000 

 9,000

 6,000

 4,500

 2,250

Below 50%^^(others)

 5,000 

 4,000 

 3,000

 2,000

 2,000

 2,000


Notes:

All Accounts (CA & SA, Only Institutional) with value more than Rs 3 Crs shall be capped at 3 Crs for the purpose of computation of Inc CA and Inc SA (applicable for both opening and closing book account wise) 

Below 50% SOP Ach: min 125% Ach in any one of CASA NTB AMB / SA Inc AMB / CA Inc AMB / RTD value parameter will be eligible for a payout as per the slab.

Max Incentive at 75% will be paid for the month and balance 25% will be paid at the end of the FY.

Incentive Booster/Docking : 

  1. Basis MTD RPOL Growth :

 a.If Inc RPOL is +ve - Full eligible incentive will be paid.

 b. If Inc RPOL is -ve - 70% of total eligible incentive amount will be paid

  1. Channel Budget (CA + Sales) -> NTB CASA M0 budget achievement
  • 70% to 85% Ach - 5% booster on the final score 
  • 85%+ Ach - 10% booster on the final score
  1. Special Booster - on 12 Months basis (on FY basis) :

 a.10% of CTC - 125% and above score card for 8 Months out of 12 months

  1. RTD Book - RTD value Renewal booster
  2. 70% + Auto renewal in value terms: 5% booster on final score
  3. Qualified Artha
  4. 100% achievement of monthly budget- 5% booster on final score

Terms and Conditions:

Total incentive earned in a month shall be capped at 70% of CTC for the month

Payout of Incentive amount is subject to satisfactory Internal Audit, Fraud control, Nil mis selling and meeting qualitative business objectives (Family 

Banking, Product Holding etc)Monthly incentive shall be processed and paid out as part of M2 salary (Subject to system/data delays and other unavoidable circumstances)

Incentive payout shall be processed only for Active employees of the Bank as on the date of processing. Accordingly, BMs under SNP status are not 

eligible for incentive, including the incentive pertaining to current and prior periods.The bank reserves the right to withheld / claw back / apply docker on the incentive amount for Value retention, Business quality, Service Quality, Audit, 

Process deviation and other reasons which are not aligned with the core values of the Bank.To be eligible for incentive for the Monthly, the branch should have same BM for the whole Month

In case of a parameter not applicable for certain branches, the computed score with applicable parameters shall be scaled up to 100% for the purpose 

of arriving at the final scoreThe Management would reserve the right to change, modify or withdraw the scheme at any point of time without prior notice to the employee.

Only Live account will be consider for all products


Job role

Work location
Work locationBranch Banking>North>Rajasthan>Rajasthan>Jodhpur>Jodhpur>Rajasthan>16023>Bikaner
Department
DepartmentBanking / Insurance / Financial Services
Role / Category
Role / CategoryBanking Operations
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 5 years

About company

Name
NameEquitas Small Finance Ltd
Job posted by Equitas Small Finance Ltd

You can expect a minimum salary of 0 INR. The salary offered will depend on your skills, experience and performance in the interview.

The candidate should have completed the required education and people who have 5 to 31 years are eligible to apply for this job. You can apply for more jobs in Bikaner to get hired quickly.

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