Manappuram Finance Loan Processor Salaries by 5 Employees

0 - 5 years exp.

₹1.8 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

28% less than the average Loan Processor Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Loan Processor Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr
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Finance & Accounting Loan Processor Salary Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Last Updated: 17 Oct 2024

Companies similar to Manappuram Finance for Loan Processor

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Loan Processor Salary 1 - 3 years exp. (49 salaries)	₹0.9 L/yr - ₹3.1 L/yr 3% less
Muthoot Fincorp Loan Processor Salary 0 - 3 years exp. (27 salaries)	₹1.2 L/yr - ₹2.5 L/yr 17% less
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CreditAccess Grameen Loan Processor Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2 L/yr 12% less
Shriram Finance Loan Processor Salary 1 - 7 years exp. (4 salaries)	₹2 L/yr - ₹2.1 L/yr 5% less
Kotak Mahindra Prime Loan Processor Salary 4 - 7 years exp. (3 salaries)	₹1.7 L/yr - ₹2.8 L/yr 5% less
Bajaj Finance Loan Processor Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr 17% less
SMFG India Credit Loan Processor Salary 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹2.8 L/yr 21% more

Loan Processor salary at Manappuram Finance ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Loan Processor salaries

Last Updated: 17 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr

View all

Similar Designation salaries in Manappuram Finance

Team Lead Salary

(6 salaries)

₹3.5 L/yr - ₹7.5 L/yr

Analyst Salary

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₹3 L/yr - ₹35 L/yr

Finance Executive Salary

(40 salaries)

₹1.5 L/yr - ₹4 L/yr

Accountant Salary

(18 salaries)

₹1.45 L/yr - ₹3.8 L/yr

Senior Associate Salary

(6 salaries)

₹2.3 L/yr - ₹3.6 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹8 L/yr - ₹10.2 L/yr

Deputy Manager Salary

(69 salaries)

₹3 L/yr - ₹6.5 L/yr

Accounts Officer Salary

(15 salaries)

₹2.3 L/yr - ₹5.05 L/yr

Account Assistant Salary

(12 salaries)

₹1.5 L/yr - ₹3 L/yr

Process Associate Salary

(4 salaries)

₹1.5 L/yr - ₹4.4 L/yr

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.

Salary - Good

+6 more

Dislikes

There is nothing to dislike

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

Brand Manager in New Delhi

Full Time

Finance & Accounting Department

1.0

• posted on 05 Feb 2025

1.0

for Salary and Benefits

Likes

Only salary credited on time

Dislikes

No women safety no job security there is no security guard even any employee did mistake they are only take action against branch head .if there is any theft incident happen they aren't take any serious Ness against thief only take action on innocent branch head

Salary - Bad

+6 more

Senior Manager in Thrissur

Full Time

Finance & Accounting Department

1.0

• posted on 13 Jan 2025

3.0

for Salary and Benefits

Likes

salary packages are above industry average.

Dislikes

Work culture. No flexibility-in any aspects No half days No public holidays-only national holidays are available-for eg with Christmas day as working in all states except kerala. Strict punishments like in no other organizations-Penalty for dress code violations(has to wear the badge like a dog collar all the time-pinning the same not allowed, can't attach them on pants) No leaves with saturdays and mondays combined, in such a scenario Sundays will also become LOP

Skill development - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Manappuram Finance Loan Processor Salary FAQs

What is the salary of Loan Processor at Manappuram Finance ?

The average salary of a Loan Processor at Manappuram Finance in India typically ranges from ₹1.8 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Loan Processor at Manappuram Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Loan Processor 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 5 Manappuram Finance employees in India.

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

The estimated take-home salary of a Loan Processor at Manappuram Finance in India typically ranges from ₹14,998 to ₹16,566 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 5 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 Loan Processor in India?

SMFG India Credit

₹2.4 Lakhs to ₹2.8 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 Loan Processor in companies similar to Manappuram Finance in India?

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

HDB Financial Services	₹0.9 Lakhs to ₹3.1 Lakhs per year
Kotak Mahindra Prime	₹1.7 Lakhs to ₹2.8 Lakhs per year
Shriram Finance	₹2.0 Lakhs to ₹2.1 Lakhs per year
CreditAccess Grameen	₹1.8 Lakhs to ₹2.0 Lakhs per year
Bajaj Finance	₹1.8 Lakhs to ₹2.2 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 Loan Processor at Manappuram Finance in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹3.3 Lakhs per year
1 year	₹0.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years	₹2.0 Lakhs to ₹4.0 Lakhs per year

and so on.

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Manappuram Finance Loan Processor Salaries

Manappuram Finance Loan Processor salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Manappuram Finance latest salaries received from various employees of Manappuram Finance.