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M Power Micro Finance State Head salaries in India

Annual salary range
9 - 11 years exp.
₹7 Lakhs - ₹10.5 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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43% less than the average State Head Salary in Financial Services Companies for 9 - 11 years of experience

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Salaries in different departments

Sales & Business Development
State Head Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹8.4 L/yr - ₹10.5 L/yr

BFSI, Investments & Trading
State Head Salary
9 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹7.7 L/yr

Finance & Accounting
State Head Salary
10 years exp. (AmbitionBox Estimate)
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₹9.4 L/yr - ₹11.5 L/yr

Last Updated: 14 Mar 2023

Companies similar to M Power Micro Finance for State Head

Company name Avg Annual Salary Open Jobs
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Bharat Financial Inclusion State Head Salary

5 - 18 years exp. (9 salaries)

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₹10.2 L/yr - ₹26.9 L/yr

arrow icon 104% more
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Bandhan Bank State Head Salary

15 - 18 years exp. (6 salaries)

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₹22.7 L/yr - ₹32 L/yr

arrow icon 161% more
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Jana Small Finance Bank State Head Salary

13 - 18 years exp. (4 salaries)

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₹13.7 L/yr - ₹23 L/yr

arrow icon 90% more
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Equitas Small Finance Bank State Head Salary

15 - 21 years exp. (7 salaries)

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₹15.2 L/yr - ₹25 L/yr

arrow icon 132% more
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Satin Creditcare Network State Head Salary

8 - 15 years exp. (3 salaries)

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₹9.5 L/yr - ₹10 L/yr

arrow icon 8% more
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CreditAccess Grameen State Head Salary

13 - 16 years exp. (5 salaries)

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₹19.5 L/yr - ₹31 L/yr

arrow icon 164% more
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Spandana Sphoorty Financial State Head Salary

12 - 14 years exp. (3 salaries)

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₹25 L/yr - ₹30 L/yr

arrow icon 198% more
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₹13 L/yr - ₹25 L/yr

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1 job opening
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Bajaj Finserv State Head Salary

7 - 14 years exp. (5 salaries)

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₹10 L/yr - ₹18 L/yr

arrow icon 41% more
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Aditya Birla Capital State Head Salary

9 - 12 years exp. (4 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 29% more
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Citicorp State Head Salary

15 - 18 years exp. (4 salaries)

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₹15 L/yr - ₹22 L/yr

arrow icon 120% more
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₹7.2 L/yr - ₹22 L/yr

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State Head salary at M Power Micro Finance ranges between ₹7 Lakhs to ₹10.5 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of M Power Micro Finance.

Latest annual salaries shared by M Power Micro Finance State Head

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10 years exp.
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11 years exp.
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9 years exp.
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10 years exp.

Experience wise M Power Micro Finance State Head salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.8 L/yr
11 years (AmbitionBox Estimate)

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₹9.4 L/yr - ₹12 L/yr

Similar Designation salaries in M Power Micro Finance

Team Lead Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Sales Officer Salary
(5 salaries)
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₹2.05 L/yr - ₹3.25 L/yr
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₹1.8 L/yr - ₹2.2 L/yr
Branch Manager Salary
(10 salaries)
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₹3 L/yr - ₹5.3 L/yr
Area Manager Salary
(6 salaries)
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₹4.5 L/yr - ₹7 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
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.6 L/yr

Salary related reviews for M Power Micro Finance

5.0

Rated by 1 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.

read more
  • Promotions - Good
  • +1 more

Dislikes

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

read more
  • Salary - Poor

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.

read more
  • 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

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  • Skill development - Poor

Full Time

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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

read more
  • Salary - Bad
  • +5 more

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

read more
  • 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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see more salary related reviews

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M Power Micro Finance State Head Salary FAQs

What is the salary of State Head at M Power Micro Finance ?
The average salary of a State Head at M Power Micro Finance in India typically ranges from ₹7.0 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of State Head at M Power Micro Finance earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. State Head 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 State Head at M Power Micro Finance in India?
The estimated take-home salary of a State Head at M Power Micro Finance in India typically ranges from ₹66,092 to ₹67,781 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 9 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 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 State Head in India?
Spandana Sphoorty Financial ₹25.0 Lakhs to ₹30.0 Lakhs per year
CreditAccess Grameen ₹19.5 Lakhs to ₹31.0 Lakhs per year
Bandhan Bank ₹22.7 Lakhs to ₹32.0 Lakhs per year
Cholamandalam Investment & Finance ₹13.0 Lakhs to ₹25.0 Lakhs per year
Equitas Small Finance Bank ₹15.2 Lakhs to ₹25.0 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 State Head in companies similar to M Power Micro Finance in India?
The salary of a State Head 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:

Citicorp ₹15.0 Lakhs to ₹22.0 Lakhs per year
Bharat Financial Inclusion ₹10.2 Lakhs to ₹26.9 Lakhs per year
Jana Small Finance Bank ₹13.7 Lakhs to ₹23.0 Lakhs per year
Motilal Oswal Financial Services ₹7.2 Lakhs to ₹22.0 Lakhs per year
Bajaj Finserv ₹10.0 Lakhs to ₹18.0 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 State Head at M Power Micro Finance in India?
The salary growth for a State Head at M Power Micro Finance depends on factors such as experience, performance, and promotions. On average, a State Head can expect the following growth trajectory at M Power Micro Finance:

Experience Average Salary Range
9 years ₹6.3 Lakhs to ₹8.0 Lakhs per year
10 years ₹8.5 Lakhs to ₹10.8 Lakhs per year
11 years ₹9.4 Lakhs to ₹12.0 Lakhs per year
and so on.

Tell us how to improve this page.

M Power Micro Finance State Head salary in India ranges between ₹7 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 M Power Micro Finance latest salaries received from various employees of M Power Micro Finance.