Light Microfinance Area Manager Salaries by 4 Employees (Updated 2024)

6 - 10 years exp.

₹3.5 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Area Manager Salary in NBFC Companies for 6 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Area Manager Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr
BFSI, Investments & Trading Area Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.7 L/yr
Login to view exact salary
Data Science & Analytics Area Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr

Last Updated: 12 Mar 2023

Companies similar to Light Microfinance for Area Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services Area Manager Salary 6 - 14 years exp. (4 salaries)	₹4.4 L/yr - ₹16 L/yr 155% more
Bharat Financial Inclusion Area Manager Salary 1 - 11 years exp. (15 salaries)	₹3.3 L/yr - ₹11 L/yr 97% more
Login to view exact salary
Jana Small Finance Bank Area Manager Salary 3 - 10 years exp. (141 salaries)	₹1.5 L/yr - ₹8 L/yr 12% more
Bandhan Bank Area Manager Salary 0 - 14 years exp. (352 salaries)	₹2.7 L/yr - ₹10 L/yr 29% more
Equitas Small Finance Bank Area Manager Salary 10 - 21 years exp. (19 salaries)	₹8.5 L/yr - ₹20.4 L/yr 253% more	1 job opening
Utkarsh Small Finance Bank Area Manager Salary 5 - 13 years exp. (37 salaries)	₹3.5 L/yr - ₹8.5 L/yr 37% more
Satin Creditcare Network Area Manager Salary 6 - 11 years exp. (5 salaries)	₹3.6 L/yr - ₹5.2 L/yr 19% more
CreditAccess Grameen Area Manager Salary 8 - 16 years exp. (67 salaries)	₹3.7 L/yr - ₹9 L/yr 44% more
Spandana Sphoorty Financial Area Manager Salary 1 - 10 years exp. (3 salaries)	₹5 L/yr - ₹9 L/yr 77% more
Bajaj Housing Finance Area Manager Salary 5 - 14 years exp. (114 salaries)	₹6.1 L/yr - ₹17 L/yr 226% more
LIC Housing Finance Area Manager Salary 5 - 11 years exp. (31 salaries)	₹9 L/yr - ₹25 L/yr 372% more
Login to view exact salary
Hinduja Leyland Finance Area Manager Salary 8 - 16 years exp. (19 salaries)	₹4 L/yr - ₹9.9 L/yr 85% more
Electronica Finance Area Manager Salary 5 - 14 years exp. (9 salaries)	₹5.1 L/yr - ₹10.5 L/yr 86% more
Hero FinCorp Area Manager Salary 1 - 9 years exp. (8 salaries)	₹10.3 L/yr - ₹14.5 L/yr 197% more
PNB Housing Finance Area Manager Salary 7 - 15 years exp. (8 salaries)	₹8.3 L/yr - ₹11 L/yr 164% more
Muthoottu Mini Financiers Area Manager Salary 3 - 18 years exp. (6 salaries)	₹2.5 L/yr - ₹3.7 L/yr 9% less
Sammaan Capital Limited Area Manager Salary 8 - 11 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 50% more
Vastu Housing Finance Area Manager Salary 10 - 17 years exp. (5 salaries)	₹9.8 L/yr - ₹12.2 L/yr 172% more
Tata Capital Housing Finance Area Manager Salary 8 - 18 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 304% more
Finova Capital Area Manager Salary 12 - 17 years exp. (5 salaries)	₹5.7 L/yr - ₹10 L/yr 115% more

View all

Area Manager salary at Light Microfinance ranges between ₹3.5 Lakhs to ₹4.3 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance Area Manager salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr

Similar Designation salaries in Light Microfinance

Sales Manager Salary

(6 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Branch Manager Salary

(34 salaries)

₹2.4 L/yr - ₹4.1 L/yr

Area Sales Manager Salary

(3 salaries)

₹3.6 L/yr - ₹9 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Regional Manager Salary

(8 salaries)

₹5.6 L/yr - ₹9.85 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹3 L/yr

Relationship Manager Salary

(3 salaries)

₹5.6 L/yr - ₹7.8 L/yr

Sales Executive Salary

(4 salaries)

₹1.25 L/yr - ₹2.9 L/yr

Senior Sales Executive Salary

(4 salaries)

₹2.15 L/yr - ₹2.71 L/yr

Salary related reviews for Light Microfinance

4.8

Rated by 3 employees for salary & benefits

Gurp Lone in Ratangarh

Full Time

Nagor Department

5.0

• posted on 25 Jun 2022

5.0

for Salary and Benefits

Likes

... cafeteria and gaming arcade for chilling company policy are good appraisal are fair and the give good salary hike and bonus every yers

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growet

Credit Executive in Ahmedabad

Credit Risk Department

1.0

• posted on 22 Oct 2021

1.0

for Salary and Benefits

Likes

...rds executives. Don't waste your crucial career time working for this company. Salary very low as compared to other companies.

Dislikes

There is a lot of politics and management doesn't address our issues.

Finance in Barmer

Other Department

1.0

• posted on 18 May 2021

1.0

for Salary and Benefits

Likes

light microfinance me jobs are not secure

Dislikes

...rt is not available and work is hard and you do not get any proper facilities. No salary growth Branch ke pas me koi is not a knowledge / expression manager Company loan policy is not good Company levies higher interest rates on loans Which is not good for the poor Company loan amount is low

Executive in Ahmedabad

Management Department

1.0

• posted on 02 Oct 2021

1.0

for Salary and Benefits

Likes

Their Politics and justice to any Issue

Dislikes

The Management means if you have any issue and or you are in any problem like harassment and if you will told your problems to management then they will definitely give justice to you … They will terminate/Separate you as you are the reason Because you have given him chance to harass you. So they will also terminate you . So if you have to survive then you have to became mute if you are getting harass then don’t tell anybody other wise you will out of the office.

Manager - MIS in Ahmedabad

Administration Department

1.0

• posted on 26 May 2022

1.0

for Salary and Benefits

Likes

This is a very poor company there is no value of employees attraction rate is so high you can check with company data joining and leaving rate

Dislikes

This company operating by only one person all the management following only his instructions because he is doing business

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Light Microfinance?

Ask anonymously on communities.

Light Microfinance Area Manager Salary FAQs

What is the salary of Area Manager at Light Microfinance?

Area Manager salary at Light Microfinance in India ranges between ₹3.5 Lakhs to ₹4.3 Lakhs for experience between 6 years to 10 years. According to our estimates it is 59% less than the average Area Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Light Microfinance India.

How does the salary of a Area Manager at Light Microfinance India compare with the average salary range for this job?

The average salary of a Area Manager at Light Microfinance is 59% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Light Microfinance to a Area Manager in India?

LIC Housing Finance Area Manager Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
Tata Capital Housing Finance Area Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Equitas Small Finance Bank Area Manager Salary - ₹8.5 Lakhs to ₹20.4 Lakhs per year
Bajaj Housing Finance Area Manager Salary - ₹6.1 Lakhs to ₹17.0 Lakhs per year
Hero FinCorp Area Manager Salary - ₹10.3 Lakhs to ₹14.5 Lakhs per year

What is the salary of a Area Manager in companies similar to Light Microfinance in India?

Vastu Housing Finance Area Manager Salary - ₹9.8 Lakhs to ₹12.2 Lakhs per year
PNB Housing Finance Area Manager Salary - ₹8.3 Lakhs to ₹11.0 Lakhs per year
Ujjivan Financial Services Area Manager Salary - ₹4.4 Lakhs to ₹16.0 Lakhs per year
India Shelter Finance Corporation Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Prime Area Manager Salary - ₹8.4 Lakhs to ₹12.2 Lakhs per year

What is the estimated take home salary of a Area Manager at Light Microfinance in India?

The estimated take-home salary of a Area Manager at Light Microfinance ranges between ₹28,828 per month to ₹30,210 per month in India. The take-home salary calculation is based on the average Light Microfinance Area Manager salary in India which ranges between ₹3.5 Lakhs to ₹4.3 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Light Microfinance Area Manager Salaries by Location

Home >
Salaries >
Light Microfinance Salaries >
Light Microfinance Area Manager Salaries

Light Microfinance Area Manager salary in India ranges between ₹3.5 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Light Microfinance latest salaries received from various employees of Light Microfinance.

Light Microfinance Area Manager salaries in India

Companies similar to Light Microfinance for Area Manager

Latest annual salaries shared by Light Microfinance Area Manager

Experience wise Light Microfinance Area Manager salaries

Similar Designation salaries in Light Microfinance

Salary related reviews for Light Microfinance

Gurp Lone in Ratangarh

Credit Executive in Ahmedabad

Finance in Barmer

Executive in Ahmedabad

Manager - MIS in Ahmedabad

Light Microfinance Area Manager Salary FAQs

Tell us how to improve this page.

Light Microfinance Area Manager Salaries by Location