Manappuram Finance BM Salaries by 4 Employees (Updated 2025)

2 - 12 years exp.

₹3.6 Lakhs - ₹4.6 Lakhs

Low Confidence

Salary of majority employees

31% less than the average BM Salary in NBFC Companies for 2 - 12 years of experience

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Salaries in different departments

Finance & Accounting BM Salary 10 - 12 years exp. (3 salaries)	₹3.6 L/yr - ₹4.4 L/yr
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Sales & Business Development BM Salary 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 28 Feb 2025

Companies similar to Manappuram Finance for BM

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance BM Salary 5 - 11 years exp. (12 salaries)	₹2.6 L/yr - ₹5 L/yr 15% more
L&T Finance BM Salary 3 - 9 years exp. (11 salaries)	₹3.2 L/yr - ₹5.7 L/yr 14% more
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Aavas Financiers BM Salary 4 - 10 years exp. (9 salaries)	₹4.4 L/yr - ₹7 L/yr 46% more
Muthoot Fincorp BM Salary 4 - 11 years exp. (8 salaries)	₹3.1 L/yr - ₹4 L/yr 4% less
Muthoot Finance BM Salary 5 - 10 years exp. (8 salaries)	₹3 L/yr - ₹5.9 L/yr 43% more
IIFL Finance BM Salary 5 - 11 years exp. (6 salaries)	₹4.8 L/yr - ₹6 L/yr 30% more
Capri Global Capital BM Salary 5 - 9 years exp. (5 salaries)	₹5.2 L/yr - ₹8.5 L/yr 72% more
CreditAccess Grameen BM Salary 3 - 10 years exp. (5 salaries)	₹2.7 L/yr - ₹4.4 L/yr 11% less
Satin Creditcare Network BM Salary 4 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 11% less
Asirvad Microfinance BM Salary 2 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr 41% less
Spandana Sphoorty Financial BM Salary 2 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹3.4 L/yr 34% less
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SMFG India Credit BM Salary 8 - 15 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 38% more
Muthoot Microfin BM Salary 4 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.7 L/yr 15% less
Five-Star Business Finance BM Salary 9 - 10 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 16% less
SK Finance Limited BM Salary 5 - 7 years exp. (3 salaries)	₹3.6 L/yr - ₹3.8 L/yr 8% less
HDB Financial Services BM Salary 10 - 11 years exp. (3 salaries)	₹5.2 L/yr - ₹6.3 L/yr 41% more

BM salary at Manappuram Finance ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance BM salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
12 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

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Salary related reviews for Manappuram Finance

3.0

Rated by 1 employees for salary & benefits

Junior Assistant in Bangalore / Bengaluru

Full Time

Other Department

2.0

• posted on 01 Mar 2025

2.0

for Salary and Benefits

Dislikes

...al trauma,,,stress ,,target and calls Timing us horrible you need to work for 9 hours a day No holidays expect Sunday Salary is really less Don't Go for NBFC

Salary - Poor

+6 more

Relationship Officer in Adityapur

Full Time

Other Department

5.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Mafil is the best company in india and salary is too good company culture is good salary credit in bank on time. Seniors like RM, RSM, BH all r good. Overall I want to say Mafil is best company in india

Salary - Good

+6 more

Cashier in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 10 Jul 2024

2.0

for Salary and Benefits

Likes

Nothing

Job security - Good

+1 more

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.

Salary - Poor

+2 more

Junior Assistant in Thrissur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Jan 2025

3.0

for Salary and Benefits

Likes

Salary is always received on time. If you can put up with the work pressure, promotions come easy because a lot of people resign all the time here.

Job security - Good

+2 more

Dislikes

Daily targets, Superiors use foul language, arduous employee enrollment process.

Work satisfaction - Bad

+1 more

Junior Assistant in Kollam

Full Time

Sales & Business Development Department

2.0

• posted on 28 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing Nothing Nothing Nothing Nothing

Promotions - Good

Dislikes

Bad work culture Line managers irritating behavior Inhuman kollam region Rm Unnecessary salary cutting No proper leave Some Ho staffs thinking they are the managing directors

Salary - Bad

+5 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Manappuram Finance BM Salary FAQs

What is the salary of BM at Manappuram Finance ?

The average salary of a BM at Manappuram Finance in India typically ranges from ₹3.6 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of BM at Manappuram Finance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. BM Salaries at Manappuram 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 Manappuram Finance employees in India.

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

The estimated take-home salary of a BM at Manappuram Finance in India typically ranges from ₹29,531 to ₹30,852 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 2 years to 12 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 Manappuram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Manappuram Finance for BM in India?

Capri Global Capital	₹5.2 Lakhs to ₹8.5 Lakhs per year
Aavas Financiers	₹4.4 Lakhs to ₹7.0 Lakhs per year
Muthoot Finance	₹3.0 Lakhs to ₹5.9 Lakhs per year
HDB Financial Services	₹5.2 Lakhs to ₹6.3 Lakhs per year
SMFG India Credit	₹3.6 Lakhs to ₹7.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Manappuram Finance, depending on the role and experience level.

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

The salary of a BM at companies similar to Manappuram Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance	₹4.8 Lakhs to ₹6.0 Lakhs per year
Mahindra Rural Housing Finance	₹2.6 Lakhs to ₹5.0 Lakhs per year
L&T Finance	₹3.2 Lakhs to ₹5.7 Lakhs per year
Muthoot Fincorp	₹3.1 Lakhs to ₹4.0 Lakhs per year
SK Finance Limited	₹3.6 Lakhs to ₹3.8 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 BM at Manappuram Finance in India?

The salary growth for a BM at Manappuram Finance depends on factors such as experience, performance, and promotions. On average, a BM can expect the following growth trajectory at Manappuram Finance:

Experience	Average Salary Range
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
10 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
11 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
12 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Manappuram Finance BM Salaries

Manappuram Finance BM salary in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Manappuram Finance latest salaries received from various employees of Manappuram Finance.