Light Microfinance State Head Salaries by 7 Employees

13 - 19 years exp.

₹14.1 Lakhs - ₹17.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average State Head Salary in NBFC Companies for 13 - 19 years of experience

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Salaries in different departments

Sales & Business Development State Head Salary 16 - 19 years exp. (5 salaries)	₹14.6 L/yr - ₹17.5 L/yr
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Marketing & Communication State Head Salary 13 - 15 years exp. (AmbitionBox Estimate)	₹14.1 L/yr - ₹15.7 L/yr

Last Updated: 29 Dec 2024

Companies similar to Light Microfinance for State Head

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion State Head Salary 5 - 18 years exp. (9 salaries)	₹10.2 L/yr - ₹26.9 L/yr 16% more
Jana Small Finance Bank State Head Salary 13 - 18 years exp. (4 salaries)	₹13.7 L/yr - ₹23 L/yr 8% more
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Bandhan Bank State Head Salary 15 - 18 years exp. (6 salaries)	₹22.7 L/yr - ₹32 L/yr 49% more
Equitas Small Finance Bank State Head Salary 15 - 21 years exp. (7 salaries)	₹15.2 L/yr - ₹25 L/yr 32% more
Satin Creditcare Network State Head Salary 8 - 15 years exp. (3 salaries)	₹9.5 L/yr - ₹10 L/yr 38% less
CreditAccess Grameen State Head Salary 13 - 16 years exp. (5 salaries)	₹19.5 L/yr - ₹31 L/yr 50% more
Spandana Sphoorty Financial State Head Salary 12 - 14 years exp. (3 salaries)	₹25 L/yr - ₹30 L/yr 69% more
Hinduja Leyland Finance State Head Salary 9 - 19 years exp. (28 salaries)	₹8.4 L/yr - ₹22 L/yr 7% less
MAS Financial Services State Head Salary 9 - 22 years exp. (24 salaries)	₹12.5 L/yr - ₹24.8 L/yr 7% more	1 job opening
Hero FinCorp State Head Salary 13 - 20 years exp. (14 salaries)	₹13 L/yr - ₹34 L/yr 31% more
Bajaj Housing Finance State Head Salary 17 - 23 years exp. (11 salaries)	₹17 L/yr - ₹31 L/yr 49% more	1 job opening
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Ugro Capital State Head Salary 9 - 19 years exp. (10 salaries)	₹10 L/yr - ₹25.9 L/yr 21% more
Shubham Housing Development Finance State Head Salary 9 - 15 years exp. (6 salaries)	₹14.5 L/yr - ₹20 L/yr 2% more
Electronica Finance State Head Salary 12 - 17 years exp. (5 salaries)	₹10 L/yr - ₹22 L/yr 18% less
PNB Housing Finance State Head Salary 10 - 18 years exp. (4 salaries)	₹16 L/yr - ₹24 L/yr 25% more
Home Credit Finance State Head Salary 5 - 7 years exp. (4 salaries)	₹8.4 L/yr - ₹13.8 L/yr 16% less
Tata Capital Housing Finance State Head Salary 9 - 20 years exp. (4 salaries)	₹18.5 L/yr - ₹21 L/yr 27% more
InCred Finance State Head Salary 7 - 14 years exp. (4 salaries)	₹7.2 L/yr - ₹14.5 L/yr 30% less
Kotak Mahindra Prime State Head Salary 12 - 20 years exp. (3 salaries)	₹13 L/yr - ₹15.2 L/yr 10% less
Kinara Capital State Head Salary 7 - 21 years exp. (3 salaries)	₹11.3 L/yr - ₹13.3 L/yr 25% less

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State Head salary at Light Microfinance ranges between ₹14.1 Lakhs to ₹17.5 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance State Head salaries

Last Updated: 29 Dec 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹29.1 L/yr
14 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
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15+ years (6 salaries)	₹14.1 L/yr - ₹17.5 L/yr

Similar Designation salaries in Light Microfinance

Team Lead Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Sales Manager Salary

(6 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹3 L/yr

Sales Executive Salary

(4 salaries)

₹1.25 L/yr - ₹2.9 L/yr

Branch Manager Salary

(39 salaries)

₹2 L/yr - ₹4.1 L/yr

Area Manager Salary

(4 salaries)

₹3.5 L/yr - ₹4.3 L/yr

Cluster Manager Salary

(4 salaries)

₹4.5 L/yr - ₹8.8 L/yr

Regional Manager Salary

(8 salaries)

₹5.6 L/yr - ₹9.85 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

Salary related reviews for Light Microfinance

4.9

Rated by 2 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

Salary - Excellent

+6 more

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.

Salary - Bad

+6 more

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

Salary - Bad

+5 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.

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

Dislikes

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

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Light Microfinance State Head Salary FAQs

What is the salary of State Head at Light Microfinance ?

The average salary of a State Head at Light Microfinance in India typically ranges from ₹14.1 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of State Head at Light Microfinance earn more than ₹17.4 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. State Head 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 7 Light Microfinance employees in India.

What is the estimated take home salary of a State Head at Light Microfinance in India?

The estimated take-home salary of a State Head at Light Microfinance in India typically ranges from ₹1,09,069 to ₹1,12,083 per month. This is based on the average salary range of ₹14.1 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 13 years to 19 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 7 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 State Head in India?

Spandana Sphoorty Financial	₹25.0 Lakhs to ₹30.0 Lakhs per year
CreditAccess Grameen	₹19.5 Lakhs to ₹31.0 Lakhs per year
Bajaj Housing Finance	₹17.0 Lakhs to ₹31.0 Lakhs per year
Bandhan Bank	₹22.7 Lakhs to ₹32.0 Lakhs per year
Equitas Small Finance Bank	₹15.2 Lakhs to ₹25.0 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 State Head in companies similar to Light Microfinance in India?

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

Hero FinCorp	₹13.0 Lakhs to ₹34.0 Lakhs per year
Tata Capital Housing Finance	₹18.5 Lakhs to ₹21.0 Lakhs per year
PNB Housing Finance	₹16.0 Lakhs to ₹24.0 Lakhs per year
Ugro Capital	₹10.0 Lakhs to ₹25.9 Lakhs per year
Bharat Financial Inclusion	₹10.2 Lakhs to ₹26.9 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 State Head at Light Microfinance in India?

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

Experience	Average Salary Range
13 years	₹14.1 Lakhs to ₹29.1 Lakhs per year
14 years	₹14.5 Lakhs to ₹18.5 Lakhs per year
15 years	₹14.1 Lakhs to ₹17.5 Lakhs per year

and so on.

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Light Microfinance State Head Salaries

Light Microfinance State Head salary in India ranges between ₹14.1 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Light Microfinance latest salaries received from various employees of Light Microfinance.