M Power Micro Finance Finance Manager Salaries by 3 Employees (Updated 2024)

5 - 8 years exp.

₹1.9 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

89% less than the average Finance Manager Salary in Financial Services Companies for 5 - 8 years of experience

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Salaries in different departments

Finance & Accounting Finance Manager Salary 8 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
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Sales & Business Development Finance Manager Salary 5 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 20 Nov 2023

Companies similar to M Power Micro Finance for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Finance Manager Salary 0 - 7 years exp. (42 salaries)	₹1.5 L/yr - ₹4.5 L/yr 46% more
Jana Small Finance Bank Finance Manager Salary 2 - 10 years exp. (13 salaries)	₹2 L/yr - ₹7.4 L/yr 102% more
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Equitas Small Finance Bank Finance Manager Salary 4 - 11 years exp. (5 salaries)	₹2.9 L/yr - ₹4.4 L/yr 105% more
Satin Creditcare Network Finance Manager Salary 2 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr 68% more
CreditAccess Grameen Finance Manager Salary 0 - 4 years exp. (5 salaries)	₹1.2 L/yr - ₹3.1 L/yr 46% more
Spandana Sphoorty Financial Finance Manager Salary 0 - 6 years exp. (15 salaries)	₹1.5 L/yr - ₹5 L/yr 76% more
Utkarsh Small Finance Bank Finance Manager Salary 0 - 8 years exp. (5 salaries)	₹2 L/yr - ₹3.1 L/yr 52% more
HSBC Group Finance Manager Salary 8 - 17 years exp. (135 salaries)	₹9.9 L/yr - ₹28.3 L/yr 847% more
American Express Finance Manager Salary 3 - 15 years exp. (36 salaries)	₹8 L/yr - ₹30 L/yr 877% more
Bajaj Finserv Finance Manager Salary 1 - 9 years exp. (25 salaries)	₹1.5 L/yr - ₹6.1 L/yr 81% more
Aon Finance Manager Salary 7 - 15 years exp. (25 salaries)	₹14 L/yr - ₹23.5 L/yr 800% more
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State Street Corporation Finance Manager Salary 10 - 17 years exp. (14 salaries)	₹12.9 L/yr - ₹21.5 L/yr 804% more
Wells Fargo Finance Manager Salary 4 - 15 years exp. (14 salaries)	₹15.2 L/yr - ₹28 L/yr 1023% more
JPMorgan Chase & Co. Finance Manager Salary 0 - 16 years exp. (14 salaries)	₹8 L/yr - ₹26 L/yr 834% more
Citicorp Finance Manager Salary 5 - 13 years exp. (13 salaries)	₹15 L/yr - ₹22 L/yr 930% more
BNY Finance Manager Salary 4 - 20 years exp. (8 salaries)	₹8.3 L/yr - ₹27 L/yr 791% more
Aditya Birla Capital Finance Manager Salary 1 - 17 years exp. (8 salaries)	₹5.8 L/yr - ₹18 L/yr 522% more
Morgan Stanley Finance Manager Salary 9 - 19 years exp. (7 salaries)	₹12 L/yr - ₹27 L/yr 984% more
Marsh McLennan Finance Manager Salary 9 - 11 years exp. (6 salaries)	₹20 L/yr - ₹23.4 L/yr 1061% more
Cholamandalam Investment & Finance Finance Manager Salary 6 - 10 years exp. (6 salaries)	₹3.1 L/yr - ₹8.8 L/yr 132% more

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Finance Manager salary at M Power Micro Finance ranges between ₹1.9 Lakh to ₹2 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of M Power Micro Finance.

Experience wise M Power Micro Finance Finance Manager salaries

Last Updated: 20 Nov 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr

Similar Designation salaries in M Power Micro Finance

Branch Manager Salary

(10 salaries)

₹3 L/yr - ₹5.3 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Branch Head Salary

(5 salaries)

₹2.85 L/yr - ₹5.2 L/yr

Sales Officer Salary

(5 salaries)

₹2.05 L/yr - ₹3.25 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 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.

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

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.

Dislikes

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

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...

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

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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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M Power Micro Finance Finance Manager Salary FAQs

What is the notice period for Finance Manager at M Power Micro Finance?

According to AmbitionBox, 100% of the M Power Micro Finance Finance Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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M Power Micro Finance Finance Manager Salaries

M Power Micro Finance Finance Manager salary in India ranges between ₹1.9 Lakh to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 M Power Micro Finance latest salaries received from various employees of M Power Micro Finance.