Annual CTC: ₹ 2,00,000 - 2,50,000 /year
Annual CTC breakup:
1. Fixed component: 90%
2. Variable component: 5%
3. Other incentives: 5%
In 2015, the Reserve Bank of India, the financial regulator in the country has granted an in-principle license to ESAF to launch a small finance bank. ESAF small finance bank was one of the ten NBFCs to receive in-principle approval from the Reserve Bank of India (RBI) to set up a small finance bank in the private sector. In November 2016, the final license was issued by the RBI. ESAF Small Finance Bank was incorporated on May 05, 2016, with its registered office in Thrissur.
