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M Power Micro Finance Area Manager salaries in India

Annual salary range
11 - 18 years exp.
₹4.5 Lakhs - ₹7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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35% less than the average Area Manager Salary in Financial Services Companies for 11 - 18 years of experience

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Last Updated: 13 Dec 2024

Companies similar to M Power Micro Finance for Area Manager

Company name Avg Annual Salary Open Jobs
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Bharat Financial Inclusion Area Manager Salary

1 - 11 years exp. (15 salaries)

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₹3.3 L/yr - ₹11 L/yr

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₹4.4 L/yr - ₹16 L/yr

arrow icon 61% more
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Bandhan Bank Area Manager Salary

0 - 14 years exp. (455 salaries)

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₹2.4 L/yr - ₹10 L/yr

arrow icon 17% less
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Jana Small Finance Bank Area Manager Salary

3 - 10 years exp. (141 salaries)

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₹1.5 L/yr - ₹8 L/yr

arrow icon 29% less
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Equitas Small Finance Bank Area Manager Salary

10 - 21 years exp. (19 salaries)

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₹8.5 L/yr - ₹20.4 L/yr

arrow icon 123% more
1 job opening
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Satin Creditcare Network Area Manager Salary

6 - 11 years exp. (5 salaries)

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₹3.6 L/yr - ₹5.2 L/yr

arrow icon 25% less
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CreditAccess Grameen Area Manager Salary

8 - 16 years exp. (67 salaries)

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₹3.7 L/yr - ₹9 L/yr

arrow icon 9% less
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₹5 L/yr - ₹9 L/yr

arrow icon 12% more
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Utkarsh Small Finance Bank Area Manager Salary

4 - 12 years exp. (41 salaries)

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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 15% less
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Bajaj Finserv Area Manager Salary

4 - 13 years exp. (204 salaries)

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₹4 L/yr - ₹15.5 L/yr

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₹3.8 L/yr - ₹8.4 L/yr

arrow icon 3% less
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HDFC Sales Area Manager Salary

6 - 16 years exp. (137 salaries)

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₹3.8 L/yr - ₹14 L/yr

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₹4.8 L/yr - ₹16.5 L/yr

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Aditya Birla Capital Area Manager Salary

3 - 12 years exp. (28 salaries)

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₹4 L/yr - ₹13.8 L/yr

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American Express Area Manager Salary

2 - 6 years exp. (3 salaries)

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₹2.2 L/yr - ₹3 L/yr

arrow icon 56% less
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JPMorgan Chase & Co. Area Manager Salary

0 - 5 years exp. (3 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 256% more
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Citigroup Area Manager Salary

6 - 11 years exp. (3 salaries)

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₹12.5 L/yr - ₹18 L/yr

arrow icon 145% 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.

Latest annual salaries shared by M Power Micro Finance Area Manager

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18 years exp.
10mo ago
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17 years exp.
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16 years exp.
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11 years exp.
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15 years exp.

Experience wise M Power Micro Finance Area Manager salaries

Last Updated: 13 Dec 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr
14 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹7 L/yr
15+ years  (4 salaries)

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₹2.5 L/yr - ₹7 L/yr

Similar Designation salaries in M Power Micro Finance

Sales Manager Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Branch Manager Salary
(10 salaries)
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₹3 L/yr - ₹5.3 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.9 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Sales Officer Salary
(5 salaries)
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₹2.05 L/yr - ₹3.25 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.6 L/yr
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₹1.8 L/yr - ₹2.2 L/yr

Salary related reviews for M Power Micro Finance

2.7

Rated by 4 employees for salary & benefits

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.

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Dislikes

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

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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.

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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

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 07 May 2023

1.0
 for  Salary and Benefits

Likes

No words to say...

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

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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

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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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M Power Micro Finance Area Manager Salary FAQs

What is the salary of Area Manager at M Power Micro Finance?
Area Manager salary at M Power Micro Finance in India ranges between ₹4.5 Lakhs to ₹7.0 Lakhs for experience between 11 years to 18 years. According to our estimates it is 35% less than the average Area Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of M Power Micro Finance India.
How does the salary of a Area Manager at M Power Micro Finance India compare with the average salary range for this job?
The average salary of a Area Manager at M Power Micro Finance is 35% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than M Power Micro Finance to a Area Manager in India?
  • JPMorgan Chase & Co. Area Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
  • Citigroup Area Manager Salary - ₹12.5 Lakhs to ₹18.0 Lakhs per year
  • Equitas Small Finance Bank Area Manager Salary - ₹8.5 Lakhs to ₹20.4 Lakhs per year
  • Ujjivan Financial Services Area Manager Salary - ₹4.4 Lakhs to ₹16.0 Lakhs per year
  • Bajaj Finserv Area Manager Salary - ₹4.0 Lakhs to ₹15.5 Lakhs per year
What is the salary of a Area Manager in companies similar to M Power Micro Finance in India?
  • Cholamandalam Investment & Finance Area Manager Salary - ₹4.8 Lakhs to ₹16.5 Lakhs per year
  • Aditya Birla Capital Area Manager Salary - ₹4.0 Lakhs to ₹13.8 Lakhs per year
  • HDFC Sales Area Manager Salary - ₹3.8 Lakhs to ₹14.0 Lakhs per year
  • Bharat Financial Inclusion Area Manager Salary - ₹3.3 Lakhs to ₹11.0 Lakhs per year
  • Spandana Sphoorty Financial Area Manager Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year
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 ranges between ₹47,061 per month to ₹48,176 per month in India. The take-home salary calculation is based on the average M Power Micro Finance Area Manager salary in India which ranges between ₹4.5 Lakhs to ₹7.0 Lakhs per year for employees with experience between 11 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Area Manager at M Power Micro Finance?
According to AmbitionBox, 100% of the M Power Micro Finance Area Managers reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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