Manappuram Finance Associate Manager Salaries by 5 Employees (Updated 2024)

5 - 6 years exp.

₹3.2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

77% less than the average Associate Manager Salary in NBFC Companies for 5 - 6 years of experience

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Last Updated: 2 Oct 2023

Companies similar to Manappuram Finance for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Associate Manager Salary 3 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹4.5 L/yr 7% more
Shriram Finance Associate Manager Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7.9 L/yr 61% more
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Bajaj Finance Associate Manager Salary 1 - 6 years exp. (6 salaries)	₹2.7 L/yr - ₹6 L/yr 46% more
HDFC Bank Associate Manager Salary 0 - 8 years exp. (25 salaries)	₹2.5 L/yr - ₹6 L/yr 15% more
ICICI Bank Associate Manager Salary 0 - 6 years exp. (41 salaries)	₹2.2 L/yr - ₹7.6 L/yr 7% more
Axis Bank Associate Manager Salary 1 - 6 years exp. (16 salaries)	₹2.5 L/yr - ₹6.7 L/yr 10% more
Kotak Mahindra Bank Associate Manager Salary 1 - 8 years exp. (69 salaries)	₹1.4 L/yr - ₹4.5 L/yr 12% less
Tata Capital Associate Manager Salary 1 - 9 years exp. (5 salaries)	₹4.5 L/yr - ₹7.8 L/yr 54% more
Aditya Birla Capital Associate Manager Salary 0 - 6 years exp. (6 salaries)	₹3.6 L/yr - ₹8.1 L/yr 65% more
IIFL Finance Associate Manager Salary 1 - 9 years exp. (10 salaries)	₹3.2 L/yr - ₹5 L/yr 9% more
L&T Finance Associate Manager Salary 1 - 9 years exp. (5 salaries)	₹5.3 L/yr - ₹8 L/yr 82% more
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Satin Creditcare Network Associate Manager Salary 4 - 6 years exp. (4 salaries)	₹2.6 L/yr - ₹13.3 L/yr 85% more
Kotak Mahindra Prime Associate Manager Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 17% less
TVS Credit Associate Manager Salary 2 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 59% more
Aavas Financiers Associate Manager Salary 0 - 3 years exp. (4 salaries)	₹3.9 L/yr - ₹10.5 L/yr 74% more
Sammaan Capital Limited Associate Manager Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹7 L/yr 27% more
HDB Financial Services Associate Manager Salary 4 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹4 L/yr 9% more
Sundaram Finance Associate Manager Salary 1 - 14 years exp. (4 salaries)	₹3.2 L/yr - ₹13.4 L/yr 116% more
Mahindra Finance Associate Manager Salary 5 - 9 years exp. (3 salaries)	₹4.3 L/yr - ₹5 L/yr 33% more
IDFC FIRST Bharat Associate Manager Salary 0 - 10 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 5% more

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Associate Manager salary at Manappuram Finance ranges between ₹3.2 Lakhs to ₹4 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Associate Manager salaries

Last Updated: 2 Oct 2023

Experience	Avg Annual Salary
5 years (3 salaries)	₹3.5 L/yr - ₹3.5 L/yr
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6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr

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Salary related reviews for Manappuram Finance

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

Assistant Manager in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 20 Nov 2024

4.0

for Salary and Benefits

Likes

Salary will credit on time

Dislikes

In field level fully fake process... Company wants only growth , no matters how growth will come... For this all employees have full pressure. some times theft gold will come for loan.... company very bad response for that branch manager fully suffered in that time . Company wants not only growth and also more customers for this heavy pressure. In monday if we do 2 new customers , they again want 5 customers per branch for this many fake accounts created by the employees... most worst work experience. All management and higher officials fraudstars.

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 Manager Salary FAQs

What is the salary of Associate Manager at Manappuram Finance?

Associate Manager salary at Manappuram Finance in India ranges between ₹3.2 Lakhs to ₹4.0 Lakhs for experience between 5 years to 6 years. According to our estimates it is 77% less than the average Associate Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Manappuram Finance India.

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

The average salary of a Associate Manager at Manappuram Finance is 77% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.

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

Sundaram Finance Associate Manager Salary - ₹3.2 Lakhs to ₹13.4 Lakhs per year
Poonawalla Fincorp Associate Manager Salary - ₹3.6 Lakhs to ₹8.1 Lakhs per year
Satin Creditcare Network Associate Manager Salary - ₹2.6 Lakhs to ₹13.3 Lakhs per year
L&T Finance Associate Manager Salary - ₹5.3 Lakhs to ₹8.0 Lakhs per year
Aavas Financiers Associate Manager Salary - ₹3.9 Lakhs to ₹10.5 Lakhs per year

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

Aditya Birla Capital Associate Manager Salary - ₹3.6 Lakhs to ₹8.1 Lakhs per year
Shriram Finance Associate Manager Salary - ₹3.0 Lakhs to ₹7.9 Lakhs per year
TVS Credit Associate Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
Tata Capital Associate Manager Salary - ₹4.5 Lakhs to ₹7.8 Lakhs per year
Bajaj Finance Associate Manager Salary - ₹2.7 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Associate Manager at Manappuram Finance ranges between ₹25,515 per month to ₹26,946 per month in India. The take-home salary calculation is based on the average Manappuram Finance Associate Manager salary in India which ranges between ₹3.2 Lakhs to ₹4.0 Lakhs per year for employees with experience between 5 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Associate Manager at Manappuram Finance?

According to AmbitionBox, 100% of the Manappuram Finance Associate Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Manappuram Finance Associate Manager Salaries

Manappuram Finance Associate Manager salary in India ranges between ₹3.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Manappuram Finance latest salaries received from various employees of Manappuram Finance.