Light Microfinance Branch Credit Manager Salaries by 30+ Employees (Updated 2024)

2 - 8 years exp.

₹2 Lakhs - ₹4.5 Lakhs

Salary of majority employees

32% less than the average Branch Credit Manager Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting Branch Credit Manager Salary 2 - 6 years exp. (14 salaries)	₹2 L/yr - ₹4 L/yr
Risk Management & Compliance Branch Credit Manager Salary 2 - 6 years exp. (6 salaries)	₹3.2 L/yr - ₹4 L/yr
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BFSI, Investments & Trading Branch Credit Manager Salary 3 years exp. (3 salaries)	₹2 L/yr - ₹3.4 L/yr
Customer Success, Service & Operations Branch Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.3 L/yr

Last Updated: 22 Dec 2024

Companies similar to Light Microfinance for Branch Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Credit Manager Salary 1 - 11 years exp. (33 salaries)	₹4 L/yr - ₹9.6 L/yr 97% more
ICICI Bank Branch Credit Manager Salary 1 - 9 years exp. (398 salaries)	₹3.4 L/yr - ₹13 L/yr 114% more
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Axis Bank Branch Credit Manager Salary 5 - 12 years exp. (14 salaries)	₹6.5 L/yr - ₹10.8 L/yr 131% more
Kotak Mahindra Bank Branch Credit Manager Salary 0 - 7 years exp. (20 salaries)	₹4.9 L/yr - ₹9.5 L/yr 112% more
Bajaj Finserv Branch Credit Manager Salary 3 - 9 years exp. (149 salaries)	₹3 L/yr - ₹8.6 L/yr 75% more
Sammaan Capital Limited Branch Credit Manager Salary 1 - 11 years exp. (225 salaries)	₹3.1 L/yr - ₹8 L/yr 61% more
PNB Housing Finance Branch Credit Manager Salary 2 - 9 years exp. (160 salaries)	₹4.8 L/yr - ₹14 L/yr 131% more	2 job openings
Bharat Financial Inclusion Branch Credit Manager Salary 0 - 7 years exp. (172 salaries)	₹1.5 L/yr - ₹5 L/yr 12% less
Equitas Small Finance Bank Branch Credit Manager Salary 3 - 13 years exp. (128 salaries)	₹2.4 L/yr - ₹9.8 L/yr 51% more
Shubham Housing Development Finance Branch Credit Manager Salary 2 - 10 years exp. (120 salaries)	₹3.3 L/yr - ₹10 L/yr 55% more

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Branch Credit Manager salary at Light Microfinance ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 34 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance Branch Credit Manager salaries

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.4 L/yr
3 years (9 salaries)	₹2 L/yr - ₹4.1 L/yr
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4 years (5 salaries)	₹2.8 L/yr - ₹4 L/yr
5 years (9 salaries)	₹2.8 L/yr - ₹4.5 L/yr
6 years (7 salaries)	₹2.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.8 L/yr

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Similar Designation salaries in Light Microfinance

Area Credit Manager Salary

(3 salaries)

₹3.05 L/yr - ₹4.75 L/yr

Regional Credit Manager Salary

(9 salaries)

₹4.16 L/yr - ₹6 L/yr

Branch Manager Salary

(34 salaries)

₹2.4 L/yr - ₹4.1 L/yr

Credit Manager Salary

(6 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹4.47 L/yr - ₹7 L/yr

Sales Manager Salary

(6 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Credit Officer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Relationship Manager Salary

(3 salaries)

₹5.6 L/yr - ₹7.8 L/yr

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹3 L/yr

Officer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for Light Microfinance

4.1

Rated by 12 employees for salary & benefits

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.

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

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

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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?

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Light Microfinance Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Light Microfinance?

Branch Credit Manager salary at Light Microfinance in India ranges between ₹2.0 Lakhs to ₹4.5 Lakhs for experience between 2 years to 8 years. According to our estimates it is 32% less than the average Branch Credit Manager Salary in India. Salary estimates are based on 34 latest salaries received from various employees of Light Microfinance India.

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

The average salary of a Branch Credit Manager at Light Microfinance is 32% less than the average salary of a Branch Credit Manager in India. To know exact salary insights, login to view.

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

Kotak Mahindra Prime Branch Credit Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
Axis Bank Branch Credit Manager Salary - ₹6.5 Lakhs to ₹10.8 Lakhs per year
PNB Housing Finance Branch Credit Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Branch Credit Manager Salary - ₹3.4 Lakhs to ₹13.0 Lakhs per year
Kotak Mahindra Bank Branch Credit Manager Salary - ₹4.9 Lakhs to ₹9.5 Lakhs per year

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

HDFC Bank Branch Credit Manager Salary - ₹4.0 Lakhs to ₹9.6 Lakhs per year
InCred Finance Branch Credit Manager Salary - ₹5.0 Lakhs to ₹10.2 Lakhs per year
Tata Capital Housing Finance Branch Credit Manager Salary - ₹4.4 Lakhs to ₹10.0 Lakhs per year
Jana Small Finance Bank Branch Credit Manager Salary - ₹3.4 Lakhs to ₹8.1 Lakhs per year
Bajaj Finserv Branch Credit Manager Salary - ₹3.0 Lakhs to ₹8.6 Lakhs per year

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

The estimated take-home salary of a Branch Credit Manager at Light Microfinance ranges between ₹26,701 per month to ₹28,114 per month in India. The take-home salary calculation is based on the average Light Microfinance Branch Credit Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Branch Credit Manager at Light Microfinance?

According to AmbitionBox, 45% of the Light Microfinance Branch Credit Managers 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 40 responses on AmbitionBox in last 2 years.

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Light Microfinance Branch Credit Manager Salaries

Light Microfinance Branch Credit Manager salary in India ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 Light Microfinance latest salaries received from various employees of Light Microfinance.

Light Microfinance Branch Credit Manager salaries in India

Companies similar to Light Microfinance for Branch Credit Manager

Latest annual salaries shared by Light Microfinance Branch Credit Manager

Experience wise Light Microfinance Branch Credit Manager salaries

Similar Designation salaries in Light Microfinance

Salary related reviews for Light Microfinance

Credit Executive in Ahmedabad

Gurp Lone in Ratangarh

Finance in Barmer

Executive in Ahmedabad

Manager - MIS in Ahmedabad

Light Microfinance Branch Credit Manager Salary FAQs

Tell us how to improve this page.

Light Microfinance Branch Credit Manager Salaries by Location