Light Microfinance Sales Manager Salaries by 6 Employees

2 - 6 years exp.

₹2.4 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

57% less than the average Sales Manager Salary in NBFC Companies for 2 - 6 years of experience

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Salaries in different departments

Finance & Accounting Sales Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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BFSI, Investments & Trading Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 29 Feb 2024

Companies similar to Light Microfinance for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services Sales Manager Salary 3 - 8 years exp. (5 salaries)	₹3.3 L/yr - ₹5 L/yr 29% more	5 job openings
Bharat Financial Inclusion Sales Manager Salary 1 - 6 years exp. (12 salaries)	₹1.7 L/yr - ₹6 L/yr 14% more
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Jana Small Finance Bank Sales Manager Salary 4 - 11 years exp. (176 salaries)	₹1.9 L/yr - ₹8.3 L/yr 88% more
Bandhan Bank Sales Manager Salary 2 - 11 years exp. (208 salaries)	₹2.2 L/yr - ₹11.1 L/yr 104% more
Equitas Small Finance Bank Sales Manager Salary 3 - 11 years exp. (107 salaries)	₹2.4 L/yr - ₹9.6 L/yr 84% more	1 job opening
Utkarsh Small Finance Bank Sales Manager Salary 3 - 11 years exp. (138 salaries)	₹2 L/yr - ₹8 L/yr 78% more
Satin Creditcare Network Sales Manager Salary 1 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr 3% less
CreditAccess Grameen Sales Manager Salary 0 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 34% less
Spandana Sphoorty Financial Sales Manager Salary 1 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹5 L/yr 15% more
Bajaj Housing Finance Sales Manager Salary 0 - 10 years exp. (727 salaries)	₹2.8 L/yr - ₹8 L/yr 60% more	2 job openings
Electronica Finance Sales Manager Salary 0 - 9 years exp. (451 salaries)	₹2.5 L/yr - ₹8.5 L/yr 66% more	17 job openings
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Sammaan Capital Limited Sales Manager Salary 4 - 11 years exp. (240 salaries)	₹2 L/yr - ₹8 L/yr 68% more	6 job openings
Tata Capital Housing Finance Sales Manager Salary 4 - 11 years exp. (206 salaries)	₹3.5 L/yr - ₹12 L/yr 137% more
Hero FinCorp Sales Manager Salary 4 - 14 years exp. (158 salaries)	₹3.2 L/yr - ₹12 L/yr 138% more
Shubham Housing Development Finance Sales Manager Salary 3 - 9 years exp. (152 salaries)	₹2.5 L/yr - ₹5.3 L/yr 38% more
MAS Financial Services Sales Manager Salary 3 - 11 years exp. (151 salaries)	₹1.7 L/yr - ₹7 L/yr 33% more
InCred Finance Sales Manager Salary 1 - 10 years exp. (109 salaries)	₹2.8 L/yr - ₹8.5 L/yr 58% more
Kotak Mahindra Prime Sales Manager Salary 4 - 14 years exp. (98 salaries)	₹2.6 L/yr - ₹11 L/yr 141% more
Kogta Financial India Limited Sales Manager Salary 0 - 14 years exp. (70 salaries)	₹2 L/yr - ₹4.8 L/yr 10% more	1 job opening
PNB Housing Finance Sales Manager Salary 2 - 10 years exp. (49 salaries)	₹2.8 L/yr - ₹7.2 L/yr 18% more

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Sales Manager salary at Light Microfinance ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance Sales Manager salaries

Last Updated: 29 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
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4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

Similar Designation salaries in Light Microfinance

Area Manager Salary

(4 salaries)

₹3.5 L/yr - ₹4.3 L/yr

Branch Manager Salary

(41 salaries)

₹2 L/yr - ₹5 L/yr

Area Sales Manager Salary

(3 salaries)

₹3.6 L/yr - ₹9 L/yr

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹3 L/yr

Regional Manager Salary

(8 salaries)

₹5.6 L/yr - ₹9.85 L/yr

Sales Executive Salary

(4 salaries)

₹1.25 L/yr - ₹2.9 L/yr

Relationship Manager Salary

(3 salaries)

₹5.6 L/yr - ₹7.8 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Senior Sales Executive Salary

(4 salaries)

₹2.15 L/yr - ₹2.71 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Light Microfinance

Gurp Lone in Ratangarh

Full Time

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

Credit Executive in Ahmedabad

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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.

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

Salary - Bad

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Finance in Barmer

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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

Salary - Bad

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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.

Salary - Bad

+6 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

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

Salary - Bad

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Light Microfinance Sales Manager Salary FAQs

What is the salary of Sales Manager at Light Microfinance ?

The average salary of a Sales Manager at Light Microfinance in India typically ranges from ₹2.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Sales Manager at Light Microfinance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Sales 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 6 Light Microfinance employees in India.

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

The estimated take-home salary of a Sales Manager at Light Microfinance in India typically ranges from ₹21,806 to ₹23,292 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years to 6 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 6 salaries received from various employees of Light Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Kotak Mahindra Prime	₹2.6 Lakhs to ₹11.0 Lakhs per year
Hero FinCorp	₹3.2 Lakhs to ₹12.0 Lakhs per year
Tata Capital Housing Finance	₹3.5 Lakhs to ₹12.0 Lakhs per year
Bandhan Bank	₹2.2 Lakhs to ₹11.1 Lakhs per year
Jana Small Finance Bank	₹1.9 Lakhs to ₹8.3 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.

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

The salary of a Sales Manager at companies similar to Light Microfinance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Equitas Small Finance Bank	₹2.4 Lakhs to ₹9.6 Lakhs per year
Utkarsh Small Finance Bank	₹2.0 Lakhs to ₹8.0 Lakhs per year
Sammaan Capital Limited	₹2.0 Lakhs to ₹8.0 Lakhs per year
Electronica Finance	₹2.5 Lakhs to ₹8.5 Lakhs per year
Ugro Capital	₹2.0 Lakhs to ₹7.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Sales Manager at Light Microfinance in India?

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

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹3.2 Lakhs per year
3 years	₹1.2 Lakhs to ₹3.0 Lakhs per year
4 years	₹1.2 Lakhs to ₹3.1 Lakhs per year
5 years	₹3.1 Lakhs to ₹5.8 Lakhs per year

and so on.

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Light Microfinance Sales Manager Salaries

Light Microfinance Sales Manager salary in India ranges between ₹2.4 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Light Microfinance latest salaries received from various employees of Light Microfinance.