M Power Micro Finance Assistant Accounts Manager Salaries by 4 Employees

10 - 14 years exp.

₹3.2 Lakhs - ₹4.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

49% less than the average Assistant Accounts Manager Salary in Financial Services Companies for 10 - 14 years of experience

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Last Updated: 9 May 2024

Companies similar to M Power Micro Finance for Assistant Accounts Manager

Company name	Avg Annual Salary	Open Jobs
Citicorp Assistant Accounts Manager Salary 8 - 13 years exp. (5 salaries)	₹10.2 L/yr - ₹14 L/yr 244% more
Shriram Group Assistant Accounts Manager Salary 4 - 9 years exp. (5 salaries)	₹2.5 L/yr - ₹4.4 L/yr 8% less
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Marsh McLennan Assistant Accounts Manager Salary 6 - 15 years exp. (4 salaries)	₹6.3 L/yr - ₹9.4 L/yr 94% more
IDFC FIRST Bharat Assistant Accounts Manager Salary 2 - 8 years exp. (4 salaries)	₹2.1 L/yr - ₹4.5 L/yr 12% less
The Muthoot Group Assistant Accounts Manager Salary 1 - 10 years exp. (4 salaries)	₹1.5 L/yr - ₹4.5 L/yr 11% less
HDFC Sales Assistant Accounts Manager Salary 14 - 20 years exp. (3 salaries)	₹7 L/yr - ₹18 L/yr 266% more
HSBC Group Assistant Accounts Manager Salary 6 - 8 years exp. (3 salaries)	₹6.1 L/yr - ₹10.1 L/yr 122% more

Assistant Accounts Manager salary at M Power Micro Finance ranges between ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of M Power Micro Finance.

Experience wise M Power Micro Finance Assistant Accounts Manager salaries

Last Updated: 9 May 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
12 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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13 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
14 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in M Power Micro Finance

Senior Accounts Executive Salary

(5 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Audit Manager Salary

(4 salaries)

₹1.2 L/yr - ₹3 L/yr

Senior Accountant Salary

(3 salaries)

₹2.2 L/yr - ₹4.1 L/yr

Finance Manager Salary

(3 salaries)

₹1.9 L/yr - ₹2 L/yr

Auditor Salary

(3 salaries)

₹2.65 L/yr - ₹2.65 L/yr

Credit Officer Salary

(3 salaries)

₹1.1 L/yr - ₹3.4 L/yr

Company Secretary & Legal Salary

(AmbitionBox Estimate)

₹10.7 L/yr - ₹13.7 L/yr

Senior Audit Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Branch Head - Branch Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Assistant Manager Treasury Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Salary related reviews for M Power Micro Finance

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

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

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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M Power Micro Finance Assistant Accounts Manager Salary FAQs

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

The average salary of a Assistant Accounts Manager at M Power Micro Finance in India typically ranges from ₹3.2 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Assistant Accounts Manager at M Power Micro Finance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Assistant Accounts 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 4 M Power Micro Finance employees in India.

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

The estimated take-home salary of a Assistant Accounts Manager at M Power Micro Finance in India typically ranges from ₹25,916 to ₹27,341 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 10 years to 14 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 4 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 Assistant Accounts Manager in India?

HDFC Sales	₹7.0 Lakhs to ₹18.0 Lakhs per year
Citicorp	₹10.2 Lakhs to ₹14.0 Lakhs per year
HSBC Group	₹6.1 Lakhs to ₹10.1 Lakhs per year
Marsh McLennan	₹6.3 Lakhs to ₹9.4 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 Assistant Accounts Manager in companies similar to M Power Micro Finance in India?

The salary of a Assistant Accounts 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:

Shriram Group	₹2.5 Lakhs to ₹4.4 Lakhs per year
The Muthoot Group	₹1.5 Lakhs to ₹4.5 Lakhs per year
IDFC FIRST Bharat	₹2.1 Lakhs to ₹4.5 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 Assistant Accounts Manager at M Power Micro Finance in India?

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

Experience	Average Salary Range
10 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
12 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
13 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
14 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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M Power Micro Finance Assistant Accounts Manager Salaries

M Power Micro Finance Assistant Accounts Manager salary in India ranges between ₹3.2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 M Power Micro Finance latest salaries received from various employees of M Power Micro Finance.