Manappuram Finance Process Associate Salaries by 4 Employees (Updated 2025)

0 - 3 years exp.

₹1.5 Lakh - ₹4.4 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

21% less than the average Process Associate Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA Process Associate Salary Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
Finance & Accounting Process Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
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Procurement & Supply Chain Process Associate Salary 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.8 L/yr

Last Updated: 20 Feb 2025

Companies similar to Manappuram Finance for Process Associate

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Process Associate Salary 0 - 4 years exp. (91 salaries)	₹1 L/yr - ₹2.8 L/yr 19% less
Sundaram Finance Process Associate Salary 1 - 5 years exp. (12 salaries)	₹1.1 L/yr - ₹2.5 L/yr 24% less
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Kotak Mahindra Prime Process Associate Salary 1 - 4 years exp. (7 salaries)	₹1.7 L/yr - ₹3 L/yr 7% less
Spandana Sphoorty Financial Process Associate Salary 1 - 4 years exp. (7 salaries)	₹1.5 L/yr - ₹2.5 L/yr 24% less
Bharat Financial Inclusion Process Associate Salary 1 - 2 years exp. (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr 3% less
IIFL Finance Process Associate Salary 1 - 5 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 13% more
PNB Housing Finance Process Associate Salary 1 - 3 years exp. (4 salaries)	₹2.4 L/yr - ₹3.8 L/yr 22% more
Mahindra Finance Process Associate Salary 1 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹8.2 L/yr 53% more
TVS Credit Process Associate Salary 0 - 7 years exp. (4 salaries)	₹2.1 L/yr - ₹6 L/yr 130% more
Sammaan Capital Limited Process Associate Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹14.3 L/yr 214% more
Bajaj Finance Process Associate Salary 2 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹2.6 L/yr 11% less
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Muthoot Fincorp Process Associate Salary 2 - 4 years exp. (3 salaries)	₹1.2 L/yr - ₹1.5 L/yr 45% less
Shriram Finance Process Associate Salary 5 - 8 years exp. (3 salaries)	₹1.9 L/yr - ₹3.1 L/yr 14% less

Process Associate salary at Manappuram Finance ranges between ₹1.5 Lakh to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Process Associate salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.4 L/yr

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₹28.5 L/yr - ₹36.5 L/yr

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Salary related reviews for Manappuram Finance

4.0

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

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

Fpa Financial Analyst in Thrissur

Full Time

Finance & Accounting Department

1.0

• posted on 12 Jan 2025

1.0

for Salary and Benefits

Likes

Better salary package for freshers

Dislikes

I’ve realized that my current role doesn’t fully align with my long-term career aspirations or the kind of work environment I thrive in. I’m seeking opportunities that offer more alignment with my passion for innovation, professional growth, and a collaborative culture.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Manappuram Finance Process Associate Salary FAQs

What is the salary of Process Associate at Manappuram Finance ?

The average salary of a Process Associate at Manappuram Finance in India typically ranges from ₹1.5 Lakhs to ₹4.4 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Process Associate at Manappuram Finance earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Process Associate 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 Process Associate at Manappuram Finance in India?

The estimated take-home salary of a Process Associate at Manappuram Finance in India typically ranges from ₹17,428 to ₹19,130 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from Fresher to 3 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 Process Associate in India?

Sammaan Capital Limited	₹3.0 Lakhs to ₹14.3 Lakhs per year
TVS Credit	₹2.1 Lakhs to ₹6.0 Lakhs per year
Mahindra Finance	₹2.1 Lakhs to ₹8.2 Lakhs per year
PNB Housing Finance	₹2.4 Lakhs to ₹3.8 Lakhs per year
IIFL Finance	₹1.5 Lakhs to ₹4.0 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 Process Associate in companies similar to Manappuram Finance in India?

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

Bharat Financial Inclusion	₹1.7 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Prime	₹1.7 Lakhs to ₹3.0 Lakhs per year
Bajaj Finance	₹1.7 Lakhs to ₹2.6 Lakhs per year
Shriram Finance	₹1.9 Lakhs to ₹3.1 Lakhs per year
HDB Financial Services	₹1.0 Lakhs to ₹2.8 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 Process Associate at Manappuram Finance in India?

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

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹2.0 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.4 Lakhs per year

and so on.

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Manappuram Finance Process Associate Salaries

Manappuram Finance Process Associate salary in India ranges between ₹1.5 Lakh to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Manappuram Finance latest salaries received from various employees of Manappuram Finance.