Manappuram Finance Associate Salaries by 6 Employees (Updated 2024)

1 - 5 years exp.

₹2.2 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

65% less than the average Associate Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary 1 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr
Engineering - Software & QA Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Quality Assurance Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 20 Apr 2024

Companies similar to Manappuram Finance for Associate

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Associate Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 38% less
Shriram Finance Associate Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹3.3 L/yr 25% more
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Bajaj Finance Associate Salary 0 - 6 years exp. (36 salaries)	₹1.2 L/yr - ₹3.5 L/yr 15% less
HDFC Bank Associate Salary 0 - 6 years exp. (64 salaries)	₹1.5 L/yr - ₹8 L/yr 20% more
LIC Housing Finance Associate Salary 2 - 8 years exp. (32 salaries)	₹4.2 L/yr - ₹10.3 L/yr 187% more
ICICI Bank Associate Salary 0 - 5 years exp. (116 salaries)	₹1.1 L/yr - ₹6 L/yr 10% more
Axis Bank Associate Salary 0 - 7 years exp. (50 salaries)	₹1.8 L/yr - ₹5 L/yr 23% more
Kotak Mahindra Bank Associate Salary 0 - 6 years exp. (1k salaries)	₹1.1 L/yr - ₹4.2 L/yr 2% less
Tata Capital Associate Salary 0 - 11 years exp. (27 salaries)	₹1.7 L/yr - ₹5.5 L/yr 20% more	6 job openings
Aditya Birla Capital Associate Salary 0 - 7 years exp. (20 salaries)	₹2 L/yr - ₹6 L/yr 34% more
Kotak Mahindra Prime Associate Salary 1 - 8 years exp. (103 salaries)	₹1.6 L/yr - ₹3.7 L/yr 2% more
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Sundaram Finance Associate Salary 0 - 6 years exp. (91 salaries)	₹1.2 L/yr - ₹3 L/yr 28% less
Bharat Financial Inclusion Associate Salary 0 - 3 years exp. (42 salaries)	₹1.4 L/yr - ₹3.1 L/yr 2% less
HDB Financial Services Associate Salary 1 - 5 years exp. (32 salaries)	₹1.2 L/yr - ₹4 L/yr 8% less
Mahindra Rural Housing Finance Associate Salary 0 - 6 years exp. (23 salaries)	₹1.3 L/yr - ₹3.1 L/yr 19% less
Mahindra Finance Associate Salary 1 - 6 years exp. (22 salaries)	₹1.7 L/yr - ₹4.4 L/yr 3% less
IIFL Finance Associate Salary 0 - 5 years exp. (17 salaries)	₹3 L/yr - ₹8.4 L/yr 39% more
SMFG India Credit Associate Salary 0 - 3 years exp. (12 salaries)	₹1.3 L/yr - ₹2.6 L/yr 27% less
IDFC FIRST Bharat Associate Salary 0 - 4 years exp. (10 salaries)	₹2 L/yr - ₹2.7 L/yr 13% less
L&T Finance Associate Salary 0 - 6 years exp. (8 salaries)	₹1.7 L/yr - ₹6 L/yr 11% more

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Associate salary at Manappuram Finance ranges between ₹2.2 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Associate salaries

Last Updated: 20 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr

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Top skills at Manappuram Finance for Associate

Data Analytics

Salary related reviews for Manappuram Finance

Software Developer in Thrissur

Full Time

Other Department

1.0

• posted on 10 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing is good there and not a good environment to work.

Dislikes

Everything is dissapointing..They dont provide the salary as per the offer letter.No promotions and appraisals.its very hard to work with the company policies.Very rude behaviour to the employees.

Team Lead in Cuttack

Finance & Accounting Department

5.0

• posted on 08 Nov 2020

4.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and the management in transparent.AThere is a huge cafeteria and gaming arcade for company Policies are good. Appraisal are fair and they give good salary hike and bonus every year.

Dislikes

There is nothing to dislike

Branch Head in Vadodara

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Nov 2024

3.0

for Salary and Benefits

Likes

Give good opportunity to the freshers. Operation knwaledge. Trust to every employees

Dislikes

Staff ac cutting.. salary hold.. h.r very very critical transfer woman from any where no security for specially women s not support to management no value for old and experience employee line managers not supported leave policy also very bad

Assistant Manager in Pipili

Full Time

Administration & Facilities Department

3.0

• posted on 03 Oct 2024

5.0

for Salary and Benefits

Likes

One thing that i liked about manappuram finance limited is that the company pays salary in time to the employees.

Dislikes

... very poor,even after achiving the target higher authorities do not appriciates.Especially managers are getting incentives directly to their salary account but staffs are not getting incentives to their account. And after knowing this thing not a single higher authority speaks about this thing,where work is divided between employees but not the incentives.

Cashier in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 10 Jul 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

1.Salary is not good. That's why some employees in the branch are doing illegal things like cheating customer, fake bill to make money. 2. As it's a loan sector. When There is shortage of cash in cash counter, the employee of the branch (cashier, Manager) are responsible to bring a huge amount of cash money from bank or nearest MAFIL branch without any armed protection, which is a very very life risky work. 3. New joined employee can't take any leave for 1year. 4. No security guard has provided to the branch.

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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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Manappuram Finance Associate Salary FAQs

What is the salary of Associate at Manappuram Finance?

Associate salary at Manappuram Finance in India ranges between ₹2.2 Lakhs to ₹3.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 65% less than the average Associate Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Manappuram Finance India.

How does the salary of a Associate at Manappuram Finance India compare with the average salary range for this job?

The average salary of a Associate at Manappuram Finance is 65% less than the average salary of a Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Associate at Manappuram Finance?

Data Analytics is a popular skill required to work as a Associate at Manappuram Finance.

Which similar companies are paying more than Manappuram Finance to a Associate in India?

LIC Housing Finance Associate Salary - ₹4.2 Lakhs to ₹10.3 Lakhs per year
Capri Global Capital Associate Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
PNB Housing Finance Associate Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year
IIFL Finance Associate Salary - ₹3.0 Lakhs to ₹8.4 Lakhs per year
Aditya Birla Capital Associate Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Associate in companies similar to Manappuram Finance in India?

Poonawalla Fincorp Associate Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year
Shriram Finance Associate Salary - ₹1.5 Lakhs to ₹3.3 Lakhs per year
Axis Bank Associate Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
Tata Capital Associate Salary - ₹1.7 Lakhs to ₹5.5 Lakhs per year
HDFC Bank Associate Salary - ₹1.5 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Associate at Manappuram Finance in India?

The estimated take-home salary of a Associate at Manappuram Finance ranges between ₹18,624 per month to ₹20,307 per month in India. The take-home salary calculation is based on the average Manappuram Finance Associate salary in India which ranges between ₹2.2 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Associate at Manappuram Finance?

According to AmbitionBox, 67% of the Manappuram Finance Associates reported a notice period of 15 days or less, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Manappuram Finance Associate Salaries

Manappuram Finance Associate salary in India ranges between ₹2.2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Manappuram Finance latest salaries received from various employees of Manappuram Finance.