Light Microfinance Anand Branch Manager Salaries by 4 Employees

5 - 10 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

63% less than the average Branch Manager Salary in NBFC Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.5 L/yr
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Data Science & Analytics Branch Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Last Updated: 17 Mar 2023

Companies similar to Light Microfinance for Branch Manager in Anand

Light Microfinance Branch Manager Salary

5 - 10 years exp. (4 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Branch Manager Salary 8 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹8.7 L/yr 150% more	5 job openings
RBL Bank Branch Manager Salary 11 - 22 years exp. (4 salaries)	₹11.7 L/yr - ₹18.3 L/yr 405% more
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Manyavar & Mohey Branch Manager Salary 9 - 13 years exp. (4 salaries)	₹2.7 L/yr - ₹6.3 L/yr 42% more
Amul India Branch Manager Salary 4 - 7 years exp. (3 salaries)	₹22 L/yr - ₹28 L/yr 663% more
Institute of Advance Network Technology Branch Manager Salary 13 - 15 years exp. (3 salaries)	₹3.5 L/yr - ₹5.4 L/yr 48% more

Branch Manager salary at Light Microfinance ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance Branch Manager salaries in Anand

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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7 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

View all

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

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...eds appreciation, chance to work with CXO's but only closed ones are getting it. *Pay is below average in my case though they were paying to others managers & senior managers. offered 50%+ hike to manager appointed from X NBFC but when it comes to paying ASM budget is issue 20%+ incentive. I observe only.

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Credit Executive in Ahmedabad

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Light Microfinance Branch Manager Salary FAQs

What is the salary of Branch Manager at Light Microfinance in Anand?

The average salary of a Branch Manager at Light Microfinance in Anand typically ranges from ₹2.7 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Branch Manager in Anand at Light Microfinance earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Branch Manager Salaries at Light Microfinance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Light Microfinance employees in India.

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

The estimated take-home salary of a Branch Manager at Light Microfinance in Anand typically ranges from ₹24,293 to ₹25,742 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 5 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Light Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Light Microfinance in Anand?

To be a Branch Manager at Light Microfinance in Anand, the key skills required include:

- Distribution
- Administration
- Branch Management
- Operations
- Providing Training

These skills are highly valued at Light Microfinance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Light Microfinance for Branch Manager in India?

Amul India	₹22.0 Lakhs to ₹28.0 Lakhs per year
RBL Bank	₹11.7 Lakhs to ₹18.3 Lakhs per year
SMFG India Credit	₹3.5 Lakhs to ₹8.7 Lakhs per year
Institute of Advance Network Technology	₹3.5 Lakhs to ₹5.4 Lakhs per year
Manyavar & Mohey	₹2.7 Lakhs to ₹6.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Light Microfinance, depending on the role and experience level.

How the salary growth look like for a Branch Manager at Light Microfinance in Anand?

The salary growth for a Branch Manager at Light Microfinance in Anand depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Anand can expect the following growth trajectory at Light Microfinance:

Experience	Average Salary Range
5 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
6 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
7 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
8 years	₹3.1 Lakhs to ₹3.9 Lakhs per year

and so on.

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Light Microfinance Branch Manager Salaries in Anand

Light Microfinance Branch Manager salary in Anand ranges between ₹2.7 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Light Microfinance latest salaries received from various employees of Light Microfinance.