M Power Micro Finance Assistant Manager Salaries by 5 Employees

6 - 11 years exp.

₹2.6 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

66% less than the average Assistant Manager Salary in Financial Services Companies for 6 - 11 years of experience

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Last Updated: 29 Nov 2024

Companies similar to M Power Micro Finance for Assistant Manager

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Assistant Manager salary at M Power Micro Finance ranges between ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of M Power Micro Finance.

Experience wise M Power Micro Finance Assistant Manager salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr
11 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.3 L/yr

View all

Similar Designation salaries in M Power Micro Finance

Assistant Branch Manager Salary

(3 salaries)

₹2.15 L/yr - ₹3.5 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Branch Manager Salary

(10 salaries)

₹3 L/yr - ₹5.3 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Salary related reviews for M Power Micro Finance

3.0

Rated by 2 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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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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M Power Micro Finance Assistant Manager Salary FAQs

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

The average salary of a Assistant Manager at M Power Micro Finance in India typically ranges from ₹2.6 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 6 years to 11 years).

The top 10% of Assistant Manager at M Power Micro Finance earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Assistant 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 5 M Power Micro Finance employees in India.

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

The estimated take-home salary of a Assistant Manager at M Power Micro Finance in India typically ranges from ₹20,244 to ₹21,904 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 6 years to 11 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 5 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 Manager in India?

American Express	₹14.2 Lakhs to ₹42.0 Lakhs per year
FactSet	₹7.5 Lakhs to ₹21.0 Lakhs per year
State Street Corporation	₹9.4 Lakhs to ₹30.0 Lakhs per year
JPMorgan Chase & Co.	₹6.4 Lakhs to ₹27.2 Lakhs per year
Commonwealth Bank of Australia, India	₹9.8 Lakhs to ₹18.0 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 Assistant Manager in companies similar to M Power Micro Finance in India?

The salary of a Assistant 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:

Fidelity Investments	₹7.5 Lakhs to ₹22.9 Lakhs per year
BNY	₹6.9 Lakhs to ₹20.4 Lakhs per year
Morgan Stanley	₹7.0 Lakhs to ₹25.0 Lakhs per year
UBS	₹6.8 Lakhs to ₹22.8 Lakhs per year
BNP Paribas	₹6.0 Lakhs to ₹24.0 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 Assistant Manager at M Power Micro Finance in India?

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

Experience	Average Salary Range
6 years	₹2.5 Lakhs to ₹2.5 Lakhs per year
7 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
8 years	₹2.5 Lakhs to ₹4.9 Lakhs per year
9 years	₹2.8 Lakhs to ₹5.2 Lakhs per year

and so on.

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M Power Micro Finance Assistant Manager Salaries

M Power Micro Finance Assistant Manager salary in India ranges between ₹2.6 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 M Power Micro Finance latest salaries received from various employees of M Power Micro Finance.