M Power Micro Finance Area Manager Salaries by 6 Employees

11 - 18 years exp.

₹4.5 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Area Manager Salary in Financial Services Companies for 11 - 18 years of experience

Interested in this particular role? 1 job opening

Last Updated: 13 Dec 2024

Companies similar to M Power Micro Finance for Area Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Area Manager Salary 1 - 6 years exp. (11 salaries)	₹3.3 L/yr - ₹11 L/yr 25% more
Ujjivan Financial Services Area Manager Salary 6 - 14 years exp. (4 salaries)	₹4.4 L/yr - ₹16 L/yr 61% more
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Bandhan Bank Area Manager Salary 0 - 15 years exp. (444 salaries)	₹2.6 L/yr - ₹10 L/yr 15% less
Jana Small Finance Bank Area Manager Salary 2 - 12 years exp. (158 salaries)	₹1.5 L/yr - ₹8 L/yr 24% less
Equitas Small Finance Bank Area Manager Salary 11 - 22 years exp. (22 salaries)	₹7.1 L/yr - ₹24.1 L/yr 132% more
Satin Creditcare Network Area Manager Salary 6 - 12 years exp. (5 salaries)	₹3.6 L/yr - ₹5.2 L/yr 19% less
CreditAccess Grameen Area Manager Salary 7 - 20 years exp. (81 salaries)	₹3.3 L/yr - ₹9 L/yr 9% less	1 job opening
Spandana Sphoorty Financial Area Manager Salary 1 - 9 years exp. (3 salaries)	₹5 L/yr - ₹9 L/yr 12% more
Utkarsh Small Finance Bank Area Manager Salary 4 - 12 years exp. (36 salaries)	₹3.5 L/yr - ₹8.5 L/yr 10% less
Bajaj Finserv Area Manager Salary 4 - 13 years exp. (235 salaries)	₹4.8 L/yr - ₹16 L/yr 63% more
Motilal Oswal Financial Services Area Manager Salary 0 - 9 years exp. (195 salaries)	₹3.8 L/yr - ₹10 L/yr 2% less
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HDFC Sales Area Manager Salary 7 - 16 years exp. (142 salaries)	₹3.8 L/yr - ₹14.7 L/yr 35% more
Cholamandalam Investment & Finance Area Manager Salary 7 - 20 years exp. (69 salaries)	₹5.1 L/yr - ₹16.5 L/yr 61% more
Aditya Birla Capital Area Manager Salary 1 - 10 years exp. (36 salaries)	₹5 L/yr - ₹12.5 L/yr 25% more
Citicorp Area Manager Salary 3 - 13 years exp. (7 salaries)	₹12.5 L/yr - ₹15 L/yr 127% more
American Express Area Manager Salary 2 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 56% less
JPMorgan Chase & Co. Area Manager Salary 0 - 5 years exp. (3 salaries)	₹12 L/yr - ₹30 L/yr 256% more

Area Manager salary at M Power Micro Finance ranges between ₹4.5 Lakhs to ₹7 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of M Power Micro Finance.

Experience wise M Power Micro Finance Area Manager salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
14 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr
15+ years (4 salaries)	₹2.5 L/yr - ₹7 L/yr

Similar Designation salaries in M Power Micro Finance

Sales Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Branch Manager Salary

(10 salaries)

₹3 L/yr - ₹5.3 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Sales Officer Salary

(5 salaries)

₹2.05 L/yr - ₹3.25 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Sales Executive Salary

(3 salaries)

₹1.8 L/yr - ₹2.2 L/yr

Salary related reviews for M Power Micro Finance

2.6

Rated by 4 employees for salary & benefits

Center Manager in Mumbai

Business Development Department

5.0

• posted on 02 Mar 2021

2.0

for Salary and Benefits

Likes

I worked in m power micro finance.First i would like to thank them to give me chance to work this organisation.about company policies M power provide loan for ladies their startup new business because improve their financial problem.Company's management is the best management in micro finance industry.

Promotions - Good

+1 more

Dislikes

I think ,They should provide better salary to new employee /staff .Because of Employee will not leave the job.

Salary - Poor

Accountant

Finance & Accounting Department

3.0

• posted on 11 May 2018

4.0

for Salary and Benefits

Likes

My teammates is good. No any training in company, given only guidance of your particular work. Can't growth your career. If you don't have a any job then you can hold this company. Poor Salary/appraisal, you can't expect as per your performance. No free food policy for seating extra hours. Work environment is also not good. If you are belonging from south indian culture then you can expect everything (i.e. Salary growth, compensation, other facilities etc.) (if you are not capable for suitable job) otherwise you didn't get good salary in this company (if you are capable for job) No any policy on paper for condition. Employees are spending extra hours on daily basis. (actually official work time is 9.30 am to 5.30 pm, but you can't left company before 6.30) 6.30 pm is official time as per environment.

Salary - Good

+1 more

Dislikes

No good salary package for suitable candidates (you can get best salary package if you are belonging from South Indian culture) Training not conducted Worst work environment You can't think for long term job in your life

Skill development - Poor

Branch Risk Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 May 2023

1.0

for Salary and Benefits

Likes

No words to say...

Job security - Excellent

Dislikes

For Sunday working they are not giving any additional leave or alternate leave and worst thing is that if your leaves are there when you left the job you can't get money against that paid leave in settlement

Salary - Bad

+5 more

Back Office Manager in Mumbai

Back Office Operation Department

5.0

• posted on 01 Sep 2018

4.0

for Salary and Benefits

Likes

A good company managed by renowned ex bankers having vast experience in micro finance.Company adopts latest technology and most of the works are computerised.Good organization set up and good co ordinance among the caders.On the whole a good ambience to work

Salary - Good

+5 more

Dislikes

The company's functioning towards the social objective of giving helping hand to small trader,startups and small entrepreneur by way of short term finance . Client base mostly spread in semi urban and rural.Recovery mechanism has to be geared up to bring down the number of stressed accounts.Regulation of time management is required.

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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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M Power Micro Finance Area Manager Salary FAQs

What is the salary of Area Manager at M Power Micro Finance ?

The average salary of a Area Manager at M Power Micro Finance in India typically ranges from ₹4.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Area Manager at M Power Micro Finance earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Area Manager Salaries at M Power Micro Finance 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 M Power Micro Finance employees in India.

What is the estimated take home salary of a Area Manager at M Power Micro Finance in India?

The estimated take-home salary of a Area Manager at M Power Micro Finance in India typically ranges from ₹47,061 to ₹48,176 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 11 years to 18 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 M Power Micro Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than M Power Micro Finance for Area Manager in India?

JPMorgan Chase & Co.	₹12.0 Lakhs to ₹30.0 Lakhs per year
Equitas Small Finance Bank	₹7.1 Lakhs to ₹24.1 Lakhs per year
Citicorp	₹12.5 Lakhs to ₹15.0 Lakhs per year
Bajaj Finserv	₹4.8 Lakhs to ₹16.0 Lakhs per year
Ujjivan Financial Services	₹4.4 Lakhs to ₹16.0 Lakhs per year

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

What is the salary of a Area Manager in companies similar to M Power Micro Finance in India?

The salary of a Area Manager at companies similar to M Power Micro Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cholamandalam Investment & Finance	₹5.1 Lakhs to ₹16.5 Lakhs per year
HDFC Sales	₹3.8 Lakhs to ₹14.7 Lakhs per year
Bharat Financial Inclusion	₹3.3 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Capital	₹5.0 Lakhs to ₹12.5 Lakhs per year
Spandana Sphoorty Financial	₹5.0 Lakhs to ₹9.0 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 Area Manager at M Power Micro Finance in India?

The salary growth for a Area Manager at M Power Micro Finance depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at M Power Micro Finance:

Experience	Average Salary Range
11 years	₹4.5 Lakhs to ₹10.8 Lakhs per year
12 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
13 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
14 years	₹2.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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M Power Micro Finance Area Manager Salaries

M Power Micro Finance Area Manager salary in India ranges between ₹4.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 M Power Micro Finance latest salaries received from various employees of M Power Micro Finance.