Annapurna Finance Microfinance Salaries by 3 Employees

4 - 6 years exp.

₹2.8 Lakhs - ₹7.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

98% more than the average Microfinance Salary in NBFC Companies for 4 - 6 years of experience

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Last Updated: 4 Nov 2024

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L&T Finance Microfinance Salary 0 - 4 years exp. (11 salaries)	₹1.5 L/yr - ₹2.6 L/yr 63% less
Satin Creditcare Network Microfinance Salary 0 - 4 years exp. (8 salaries)	₹1.7 L/yr - ₹3 L/yr 55% less
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Svatantra Microfin Microfinance Salary 0 - 5 years exp. (5 salaries)	₹1.3 L/yr - ₹3.6 L/yr 61% less
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Muthoot Microfin Microfinance Salary 1 - 7 years exp. (4 salaries)	₹1.4 L/yr - ₹5 L/yr 48% less
SMFG India Credit Microfinance Salary 1 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr 51% less
Muthoot Fincorp Microfinance Salary 0 - 4 years exp. (3 salaries)	₹1.4 L/yr - ₹2 L/yr 68% less
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Microfinance salary at Annapurna Finance ranges between ₹2.8 Lakhs to ₹7.1 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Microfinance salaries

Last Updated: 4 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.4 L/yr
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6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹8.9 L/yr

Salary related reviews for Annapurna Finance

4.9

Rated by 2 employees for salary & benefits

Management Associate in Bhubaneswar

Full Time

Quality Assurance Department

1.0

• posted on 25 Aug 2024

1.0

for Salary and Benefits

Likes

On time salary.

Dislikes

Behaviour of HOD's. Some HOD's have no vision they are very much confused what to do and don't have proper knowledge. No Work life balance. Some times you have to seat beyond working hours just for oil polishing to bosses.

Salary - Bad

+6 more

Associate Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 15 Jun 2024

3.0

for Salary and Benefits

Likes

Its only Salary Credit on 30th of Every Month.

Dislikes

Its Frustrating to work here. using the out dated software like Tally for accounting & Excel is reliable tool. There's Constant unnecessary pressure given by Senior's , they think like Boss of companies. They making Lock in Software even current month work in progress and ask you why not work is Updated / the useless question from a senior. Every day they will tourture you and don't come here for money only. job satisfaction is nil . Just don't waste your life by joining this Organization.

Skill development - Poor

+5 more

Senior Executive in Bhubaneswar

Full Time

Human Resources Department

3.0

• posted on 16 Jun 2023

5.0

for Salary and Benefits

Likes

Only the salary package and leave policy is good at Annapurna.

Salary - Excellent

+1 more

Dislikes

The management is worse. During appraisal the team leader will hide the score and will only appraisal to those he had deal with. In operation department they take money and give appraisal accordingly. The management has all the ideas but hide all the fact. They get many Business Awards by giving money. I remember for great place to work we all wrote done what the team leader told as to write. We filled all the forms of employees which was meant for employees to fill in themselves. That is how it gets great place to work award every year. This is why I don't trust companies which showcases awards on the website.

Skill development - Bad

+4 more

Credit Relationship Manager in Goregaon

Full Time

Finance & Accounting Department

3.0

• posted on 07 May 2023

4.0

for Salary and Benefits

Likes

...deputy manager . It's a odisa base company means head office is in odisa State. End of the month we got salary . Reporting boss is always helpful n corporate.

Salary - Good

+3 more

Dislikes

Politics wid office staff Not corporate Credit person in Mumbai region only one staff to each branch and sales person around 6 staff wid branch manager. Daily business expected like new business and collection recovery from default and flow customer. Branch environment is not good for working.

Company culture - Poor

Assistant Manager in Purnahiya

Full Time

Risk Management & Compliance Department

4.0

• posted on 12 Aug 2023

5.0

for Salary and Benefits

Likes

...agree to like.. 1 Here boss very supportable only working not your life issues 2 All staff salary is good and good working environment. 3. Less working pressure on staff other compare company

Salary - Excellent

+3 more

Dislikes

1 No any emergency leave here 2 Software very poor

Company culture - Poor

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Annapurna Finance Microfinance Salary FAQs

How the salary growth look like for a Microfinance at Annapurna Finance in India?

The salary growth for a Microfinance at Annapurna Finance depends on factors such as experience, performance, and promotions. On average, a Microfinance can expect the following growth trajectory at Annapurna Finance:

Experience	Average Salary Range
4 years	₹2.8 Lakhs to ₹7.9 Lakhs per year
5 years	₹3.4 Lakhs to ₹8.4 Lakhs per year
6 years	₹3.6 Lakhs to ₹8.9 Lakhs per year

and so on.

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Annapurna Finance Microfinance Salaries

Annapurna Finance Microfinance salary in India ranges between ₹2.8 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Annapurna Finance latest salaries received from various employees of Annapurna Finance.