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

3 - 10 years exp.

₹2.4 Lakhs - ₹4.1 Lakhs

Salary of majority employees

62% less than the average Branch Manager Salary in NBFC Companies for 3 - 10 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 5 - 10 years exp. (10 salaries)	₹2.5 L/yr - ₹4.1 L/yr
BFSI, Investments & Trading Branch Manager Salary 5 - 10 years exp. (5 salaries)	₹2.9 L/yr - ₹4 L/yr
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Finance & Accounting Branch Manager Salary 3 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

Last Updated: 11 Jul 2024

Companies similar to Light Microfinance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Branch Manager Salary 7 - 17 years exp. (321 salaries)	₹4.5 L/yr - ₹14 L/yr 166% more
ESAF Small Finance Bank Branch Manager Salary 5 - 15 years exp. (338 salaries)	₹3.2 L/yr - ₹13 L/yr 137% more
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Jana Small Finance Bank Branch Manager Salary 6 - 16 years exp. (265 salaries)	₹3.8 L/yr - ₹14.5 L/yr 149% more	1 job opening
Equitas Small Finance Bank Branch Manager Salary 5 - 16 years exp. (254 salaries)	₹3.6 L/yr - ₹14 L/yr 140% more
Utkarsh Small Finance Bank Branch Manager Salary 5 - 15 years exp. (261 salaries)	₹3.2 L/yr - ₹13 L/yr 136% more
Bandhan Bank Branch Manager Salary 5 - 19 years exp. (358 salaries)	₹4.2 L/yr - ₹20.1 L/yr 238% more
Bharat Financial Inclusion Branch Manager Salary 3 - 10 years exp. (114 salaries)	₹2 L/yr - ₹6.2 L/yr 10% more
CreditAccess Grameen Branch Manager Salary 5 - 12 years exp. (159 salaries)	₹1.9 L/yr - ₹7 L/yr 18% more
Vistaar Finance Branch Manager Salary 3 - 14 years exp. (180 salaries)	₹3 L/yr - ₹7.5 L/yr 63% more	2 job openings
India Shelter Finance Corporation Branch Manager Salary 3 - 11 years exp. (161 salaries)	₹2.8 L/yr - ₹8 L/yr 48% more
Shubham Housing Development Finance Branch Manager Salary 6 - 15 years exp. (125 salaries)	₹3 L/yr - ₹8.8 L/yr 95% more	1 job opening
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Finova Capital Branch Manager Salary 3 - 10 years exp. (158 salaries)	₹1.9 L/yr - ₹6 L/yr 34% more
Spandana Sphoorty Financial Branch Manager Salary 2 - 6 years exp. (148 salaries)	₹1.1 L/yr - ₹6.1 L/yr 7% more
Satin Creditcare Network Branch Manager Salary 3 - 10 years exp. (172 salaries)	₹2.2 L/yr - ₹5 L/yr 5% more	1 job opening
Muthoottu Mini Financiers Branch Manager Salary 1 - 13 years exp. (78 salaries)	₹2 L/yr - ₹4.8 L/yr 7% less
Vastu Housing Finance Branch Manager Salary 5 - 14 years exp. (74 salaries)	₹3.9 L/yr - ₹9 L/yr 89% more
Bajaj Housing Finance Branch Manager Salary 4 - 10 years exp. (65 salaries)	₹3.8 L/yr - ₹9.5 L/yr 97% more
Tata Capital Housing Finance Branch Manager Salary 5 - 16 years exp. (66 salaries)	₹5.2 L/yr - ₹10.9 L/yr 136% more
Kinara Capital Branch Manager Salary 4 - 13 years exp. (67 salaries)	₹3.5 L/yr - ₹7.3 L/yr 54% more
Kogta Financial India Limited Branch Manager Salary 5 - 11 years exp. (55 salaries)	₹3.1 L/yr - ₹6.3 L/yr 38% more

View all

Branch Manager salary at Light Microfinance ranges between ₹2.4 Lakhs to ₹4.1 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 34 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance Branch Manager salaries

Last Updated: 11 Jul 2024

Experience	Avg Annual Salary
3 years (4 salaries)	₹2.7 L/yr - ₹4 L/yr
4 years (6 salaries)	₹2.6 L/yr - ₹3.7 L/yr
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5 years (5 salaries)	₹2.4 L/yr - ₹3.7 L/yr
6 years (5 salaries)	₹2.9 L/yr - ₹3.9 L/yr
7 years (5 salaries)	₹1.4 L/yr - ₹4.1 L/yr
8 years (5 salaries)	₹2.5 L/yr - ₹3.9 L/yr
9 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.1 L/yr
10 years (3 salaries)	₹1.4 L/yr - ₹4.1 L/yr

View all

Similar Designation salaries in Light Microfinance

Area Manager Salary

(4 salaries)

₹3.5 L/yr - ₹4.3 L/yr

Credit Manager Salary

(6 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Sales Manager Salary

(6 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Senior Branch Manager Salary

(4 salaries)

₹3.94 L/yr - ₹4.5 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Operations Manager Salary

(4 salaries)

₹1 L/yr - ₹8.1 L/yr

Area Sales Manager Salary

(3 salaries)

₹3.6 L/yr - ₹9 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

Assistant Branch Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Top skills at Light Microfinance for Branch Manager

Distribution Administration Branch Management Operations Providing Training Sales Customer Service Personnel

Salary related reviews for Light Microfinance

4.2

Rated by 12 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

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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 Manager Salary FAQs

What is the salary of Branch Manager at Light Microfinance?

Branch Manager salary at Light Microfinance in India ranges between ₹2.4 Lakhs to ₹4.1 Lakhs for experience between 3 years to 10 years. According to our estimates it is 62% less than the average Branch 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 Manager at Light Microfinance India compare with the average salary range for this job?

The average salary of a Branch Manager at Light Microfinance is 62% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at Light Microfinance?

Distribution, Administration, Branch Management, Operations and Providing Training are some of the popular skills required to work as a Branch Manager at Light Microfinance India.

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

LIC Housing Finance Branch Manager Salary - ₹9.1 Lakhs to ₹20.0 Lakhs per year
Bandhan Bank Branch Manager Salary - ₹4.2 Lakhs to ₹20.1 Lakhs per year
Ujjivan Small Finance Bank Branch Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
PNB Housing Finance Branch Manager Salary - ₹5.5 Lakhs to ₹13.2 Lakhs per year
Jana Small Finance Bank Branch Manager Salary - ₹3.8 Lakhs to ₹14.5 Lakhs per year

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

Equitas Small Finance Bank Branch Manager Salary - ₹3.6 Lakhs to ₹14.0 Lakhs per year
ESAF Small Finance Bank Branch Manager Salary - ₹3.2 Lakhs to ₹13.0 Lakhs per year
Utkarsh Small Finance Bank Branch Manager Salary - ₹3.2 Lakhs to ₹13.0 Lakhs per year
Tata Capital Housing Finance Branch Manager Salary - ₹5.2 Lakhs to ₹10.9 Lakhs per year
Hero FinCorp Branch Manager Salary - ₹3.2 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Light Microfinance ranges between ₹24,911 per month to ₹26,351 per month in India. The take-home salary calculation is based on the average Light Microfinance Branch Manager salary in India which ranges between ₹2.4 Lakhs to ₹4.1 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the Light Microfinance Branch Managers reported a notice period of 1 Month, 27% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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Light Microfinance Branch Manager Salaries

Light Microfinance Branch Manager salary in India ranges between ₹2.4 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 Light Microfinance latest salaries received from various employees of Light Microfinance.