Axis Bank Microfinance Salaries by 10+ Employees (Updated 2024)

0 - 9 years exp.

₹1.2 Lakh - ₹3.5 Lakhs

Salary of majority employees

At par with the average Microfinance Salary in Banking Companies for 0 - 9 years of experience

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Last Updated: 11 Sep 2024

Companies similar to Axis Bank for Microfinance

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Microfinance Salary 2 - 4 years exp. (6 salaries)	₹1.6 L/yr - ₹2.4 L/yr 15% less
Bandhan Bank Microfinance Salary 1 - 13 years exp. (11 salaries)	₹1.5 L/yr - ₹5.4 L/yr 21% more
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Ujjivan Small Finance Bank Microfinance Salary 2 - 5 years exp. (7 salaries)	₹1.6 L/yr - ₹3 L/yr 13% less	1 job opening
Bharat Financial Inclusion Microfinance Salary 0 - 14 years exp. (12 salaries)	₹1.8 L/yr - ₹4.5 L/yr 14% more	1 job opening
CreditAccess Grameen Microfinance Salary 0 - 6 years exp. (12 salaries)	₹1.4 L/yr - ₹2.8 L/yr 23% less

Microfinance salary at Axis Bank ranges between ₹1.2 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 12 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Microfinance salaries

Last Updated: 11 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
1 year (3 salaries)	₹1.7 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
3 years (3 salaries)	₹2.3 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.4 L/yr

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Top skills at Axis Bank for Microfinance

Group Sales Banking Sales Marketing and Sales Sales Microfinance Microfinance Field Sales amfi Loan Sales Field Work Rural Finance

Salary related reviews for Axis Bank

Deputy Manager II in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Nov 2024

1.0

for Salary and Benefits

Likes

Worst

Dislikes

...s based on Bengaluru location takes the fee on 2.8 lakh.... And give the loan... After paying the fee that person automatically sticked on the bank... Then a arts torture... Account...life insurance... Health insurance.... Axis direct ( d mat account)... Loans... Mutual funds... Pention schemes... Fixed deposits.... Total sales.... And 11.30hrs working timings.... Every day every hr .. every mn... every sec pressure pressure..... In case wants do the resign.... But you pay the 2.8 lakh fee... That is bigg money in poor families.... How they face there family.... That is the bank plan

Senior Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2024

2.0

for Salary and Benefits

Likes

On time salary payment.

Dislikes

It's a manager driven company. No value for HR and they don't follow terms and conditions. If manager decided to sack the employee they will do it. They tranfer you any branch and they don't even consult with the employee before

Deputy Manager in Noida

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Nov 2024

2.0

for Salary and Benefits

Likes

Job certainty, less pressure of work as compared to other bank.

Dislikes

Out dated Process of work, no training for new joiners, less salary package as compared to other company, lack of communication before application of new process, no leave encashment

Product Manager in Mumbai

Full Time

Product Management Department

1.0

• posted on 17 Oct 2024

1.0

for Salary and Benefits

Likes

There is nothing to like about i Axis Bank. Total toxic work culture and biased promotion and compensation policies.

Dislikes

...me college graduates are given preference in promotion even if they do nothing). No equal work equal pay policy. Some college graduates are hired as senior even when they know nothing and are paid 2-3 times more. Yes you read it right. HR are unresponsive and useless. No resolution is provided on toxic management, work culture or other issues.

Sales Officer in Kollam (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 08 Oct 2024

1.0

for Salary and Benefits

Likes

I'm very disappointed with my experience at Axis Bank. The work culture feels overly pressurized, and I find the numerous account charges frustrating. It seems like there are fees for every little thing, which adds to my dissatisfaction. Overall, I do not appreciate the environment or the practices at Axis Bank.

Dislikes

... to such pressure, especially during peak login times. I hate this bank forever. I’ve been facing significant financial strain due to my salary being consistently low at 7,000 to 8,000 for the past 10 months. The bank has deducted amounts for parental insurance without proper communication, and this has caused me a lot of hardship.

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What people are saying about Axis Bank

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a senior manager

Want to switch to MNC...need help

Hi, need help.currently I am employed with Axis Bank. I am an ex Citibanker. I am not liking the axis Bank culture at all..kindly advise how to switch from a bank to MNC companies...I don't have contacts and want to make my career in MNC company. Current package is 14.4 additionally bonus and all contributes to overall package to 17.3. Can anybody help me getting a job in company like Genpact, concentrix etc.

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Axis Bank Microfinance Salary FAQs

What is the salary of Microfinance at Axis Bank?

Microfinance salary at Axis Bank in India ranges between ₹1.2 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 4% less than the average Microfinance Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Axis Bank India.

How does the salary of a Microfinance at Axis Bank India compare with the average salary range for this job?

The average salary of a Microfinance at Axis Bank is 4% less than the average salary of a Microfinance in India. To know exact salary insights, login to view.

What are the top skills required to work as a Microfinance at Axis Bank?

Group Sales, Banking Sales, Marketing and Sales, Sales and Microfinance are some of the popular skills required to work as a Microfinance at Axis Bank India.

Which similar companies are paying more than Axis Bank to a Microfinance in India?

Bandhan Bank Microfinance Salary - ₹1.5 Lakhs to ₹5.4 Lakhs per year
Bharat Financial Inclusion Microfinance Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Microfinance in companies similar to Axis Bank in India?

Ujjivan Small Finance Bank Microfinance Salary - ₹1.6 Lakhs to ₹3.0 Lakhs per year
HDFC Bank Microfinance Salary - ₹1.6 Lakhs to ₹2.4 Lakhs per year
CreditAccess Grameen Microfinance Salary - ₹1.4 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Microfinance at Axis Bank in India?

The estimated take-home salary of a Microfinance at Axis Bank ranges between ₹17,964 per month to ₹19,657 per month in India. The take-home salary calculation is based on the average Axis Bank Microfinance salary in India which ranges between ₹1.2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Microfinance at Axis Bank?

According to AmbitionBox, 60% of the Axis Bank Microfinances reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Axis Bank Microfinance Salaries

Axis Bank Microfinance salary in India ranges between ₹1.2 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Axis Bank latest salaries received from various employees of Axis Bank.