Manappuram Finance Salaries by Employees (Updated 2024)

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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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Salary related reviews for Manappuram Finance

2.2

Rated by 3 employees for salary & benefits

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

Junior Assistant in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 04 Aug 2023

1.0

for Salary and Benefits

Likes

Salary credited on time

Dislikes

1. low salary comparative other MNC like mathoth, IIFL in hand junior assistant salary only 12000 abh -14500 to 15000 , branch manager 23000 2. Incentive- barach wise Target hota hai no personal target Puri barach 1500000 lakhs monthly+ hai to utna incentive ata hai Kam kab ko karna par incantive sabka same nahi ata bh 40% abh 30% staff 30% 10000 me se 7000 bh abh baki bacha vo staff and hk ko matlab 800₹

Junior Assistant in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

There is many problems in manappuram Finance. 1.They don't pay salary properly. 2.They don't gives incentives 3.supervisors they don't give respect to employees and mostly they use bad language. 4. Supervisors they don't let you close the branch evening after 7pm if given Target not reached. 5. Some times I went to my home 9 pm i worked 12 hours. 6.The most essential fact is no one is honest here. This kind of worst company i ever saw in my life.😟 I don't suggest to join in this company, its worst experience i had. There is strictly do morning punch before 10 am if you get late for 3 days in a month you will get 1 LOP and you have to complete exams if you are not completed then you will get evening exit block if HR team not regularize it you will get LOP in this case i got 9 LOP s in a month. 7. Some times they tell you to do duty on Sunday too

Junior Assistant in Bangalore Rural

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Jul 2023

1.0

for Salary and Benefits

Likes

discipline, comfortable working place

Dislikes

Yes, becouse all.stups are suffering low salary,in Bangalore we spending a lot money. lot foods and commitment are ther ... At least 2000 increment needed sir.... At least 15000 monthly..... Pls ensure this ....this little request sir

Assistant Junior Officer in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing every thing is disappointed me

Dislikes

This kind of worst company i ever saw in my life. I worked 28 days and i got 5k salary it shows 12 LOPs for not completion of madu exams. HR team is not responding, supervisors also not responding not giving appropriate solution. Now I am suffering a lot.

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Manappuram Finance interview questions by designations

Junior Assistant (9)Branch Head (9)Assistant Manager (8)Cashier (5)

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Manappuram Finance Salary FAQs

What is the notice period at Manappuram Finance?

According to AmbitionBox, 100% of the Manappuram Finance employees reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.