Light Microfinance State Head Credit Salaries by 4 Employees (Updated 2025)

8 - 14 years exp.

₹11.5 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

21% less than the average State Head Credit Salary in NBFC Companies for 8 - 14 years of experience

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Salaries in different departments

Risk Management & Compliance State Head Credit Salary 12 - 14 years exp. (3 salaries)	₹11.5 L/yr - ₹16 L/yr
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Finance & Accounting State Head Credit Salary 8 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹13.8 L/yr

Last Updated: 7 Aug 2024

Companies similar to Light Microfinance for State Head Credit

Company name	Avg Annual Salary	Open Jobs
PNB Housing Finance State Head Credit Salary 14 - 19 years exp. (7 salaries)	₹17.6 L/yr - ₹33.3 L/yr 81% more
Ugro Capital State Head Credit Salary 11 - 22 years exp. (5 salaries)	₹14 L/yr - ₹16 L/yr 7% more
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Hero FinCorp State Head Credit Salary 11 - 13 years exp. (3 salaries)	₹16 L/yr - ₹21 L/yr 36% more
Electronica Finance State Head Credit Salary 10 - 12 years exp. (3 salaries)	₹12.5 L/yr - ₹14.5 L/yr 5% less
Mahindra Rural Housing Finance State Head Credit Salary 4 - 19 years exp. (12 salaries)	₹10.5 L/yr - ₹26 L/yr 31% more

State Head Credit salary at Light Microfinance ranges between ₹11.5 Lakhs to ₹16 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance State Head Credit salaries

Last Updated: 7 Aug 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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13 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
14 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr

Similar Designation salaries in Light Microfinance

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹3 L/yr

Branch Manager Salary

(34 salaries)

₹2.05 L/yr - ₹4.1 L/yr

Credit Manager Salary

(6 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Officer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Credit Officer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Area Credit Manager Salary

(3 salaries)

₹3.05 L/yr - ₹4.75 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Regional Credit Manager Salary

(9 salaries)

₹4.16 L/yr - ₹6 L/yr

Branch Credit Manager Salary

(34 salaries)

₹2 L/yr - ₹4.5 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹4.47 L/yr - ₹7 L/yr

Salary related reviews for Light Microfinance

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

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Light Microfinance State Head Credit Salary FAQs

What is the salary of State Head Credit at Light Microfinance?

State Head Credit salary at Light Microfinance in India ranges between ₹11.5 Lakhs to ₹16.0 Lakhs for experience between 8 years to 14 years. According to our estimates it is 21% less than the average State Head Credit Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Light Microfinance India.

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

The average salary of a State Head Credit at Light Microfinance is 21% less than the average salary of a State Head Credit in India. To know exact salary insights, login to view.

Which similar companies are paying more than Light Microfinance to a State Head Credit in India?

PNB Housing Finance State Head Credit Salary - ₹17.6 Lakhs to ₹33.3 Lakhs per year
Hero FinCorp State Head Credit Salary - ₹16.0 Lakhs to ₹21.0 Lakhs per year
Mahindra Rural Housing Finance State Head Credit Salary - ₹10.5 Lakhs to ₹26.0 Lakhs per year
Ugro Capital State Head Credit Salary - ₹14.0 Lakhs to ₹16.0 Lakhs per year

What is the salary of a State Head Credit in companies similar to Light Microfinance in India?

Electronica Finance State Head Credit Salary - ₹12.5 Lakhs to ₹14.5 Lakhs per year

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

The estimated take-home salary of a State Head Credit at Light Microfinance ranges between ₹97,683 per month to ₹1,00,330 per month in India. The take-home salary calculation is based on the average Light Microfinance State Head Credit salary in India which ranges between ₹11.5 Lakhs to ₹16.0 Lakhs per year for employees with experience between 8 years to 14 years. Check how did we calculate take home salary?

What is the notice period for State Head Credit at Light Microfinance?

According to AmbitionBox, 100% of the Light Microfinance State Head Credits reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Light Microfinance State Head Credit Salaries

Light Microfinance State Head Credit salary in India ranges between ₹11.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Light Microfinance latest salaries received from various employees of Light Microfinance.