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Light Microfinance

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4.1

based on 199 Reviews

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Light Microfinance Salaries in Bhavnagar

based on 9 latest salaries
Explore Salaries by Departments
Finance & Accounting
Designation Avg Annual Salary Open Jobs

Field Executive

1 - 4 years exp. · Bhavnagar (3 salaries)
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₹1.6 L/yr - ₹1.8 L/yr

Senior Field Executive

1 - 2 years exp. · Bhavnagar (3 salaries)
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₹2 L/yr - ₹2.5 L/yr

Brach Operation Manager

1 - 2 years exp. · Bhavnagar (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.4 L/yr

Collection Officer

1 year exp. · Bhavnagar (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 24 Nov, 2024

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2w
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?
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Salary related reviews for Light Microfinance

3.3

Rated by 2 employees for salary & benefits

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 · 

Nagor Department

5.0
  •  posted on 25 Jun 2022
5.0
 for  Salary and Benefits

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

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Dislikes

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

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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.

read more

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

read more

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.

read more

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

read more

Dislikes

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

read more
see more salary related reviews

Light Microfinance interview questions by designations

Brach Operation Manager (2)Regional Credit Manager (2)Branch Credit Manager (2)Dealer RM (1)
View all 13 interview experiences

Know more about Light Microfinance Bhavnagar

More about working at Light Microfinance

Light Microfinance Salary FAQs

How much does Light Microfinance pay per year?
The average Light Microfinance salary ranges from approximately ₹1.2 Lakh to ₹2.2 Lakhs per year for a File Executive and ₹14.1 Lakhs to ₹17 Lakhs per year for a State Head. Salary estimates are based on 9 Light Microfinance salaries received from various employees of Light Microfinance. Light Microfinance employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in Light Microfinance?
The highest-paying job at Light Microfinance is a State Head with a salary of ₹14.1 Lakhs to ₹17 Lakhs per year. The top 10% of employees earn more than ₹9 lakhs per year. The top 1% earn more than a whopping ₹32.06 lakhs per year.
What is the minimum salary in Light Microfinance?
Minimum salary at Light Microfinance depends on the role you are applying for. For Field Executive the minimum salary is ₹1 Lakh to ₹2.5 Lakhs per year, and for Brach Operation Manager the minimum salary is ₹1.3 Lakh to ₹3 Lakhs per year and so on.
What is the salary package for freshers in Light Microfinance?
The average salary at Light Microfinance for freshers varies from ₹1.3 Lakh to ₹2 Lakhs per year for Field Executive and ₹1.4 Lakh to ₹2.2 Lakhs per year for Brach Operation Manager.
What is the notice period at Light Microfinance in Bhavnagar?
According to AmbitionBox, 50% of the Light Microfinance employees in Bhavnagar reported a notice period of 1 Month, 25% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Light Microfinance Bhavnagar Salaries by Department

Average annual salary in Light Microfinance , Bhavnagar is INRunlock blur . Salary estimates are based on 9 Light Microfinance latest salaries received from various employees of Light Microfinance.

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