MFI Manager Salaries by 4 Employees (Updated 2024)

2 - 12 years exp.

₹3.4 Lakhs - ₹8 Lakhs

Salary of majority employees

70% less than the average Manager Salary for 2 - 12 years of experience

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Salaries in different departments

Human Resources Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr
Finance & Accounting Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.8 L/yr
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Production, Manufacturing & Engineering Manager Salary 12 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 31 Dec 2023

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Cognizant Manager Salary 8 - 20 years exp. (6k salaries)	₹13 L/yr - ₹39.4 L/yr 417% more	4 job openings
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Standard Chartered Manager Salary 2 - 20 years exp. (2.1k salaries)	₹7 L/yr - ₹28 L/yr 254% more	18 job openings
HSBC Group Manager Salary 1 - 18 years exp. (2.1k salaries)	₹8 L/yr - ₹28.1 L/yr 272% more
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HDB Financial Services Manager Salary 2 - 16 years exp. (168 salaries)	₹4.4 L/yr - ₹15.1 L/yr 89% more
WNS Manager Salary 7 - 18 years exp. (165 salaries)	₹7.4 L/yr - ₹28.2 L/yr 240% more

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Manager salary at MFI ranges between ₹3.4 Lakhs to ₹8 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 MFI .

Experience wise MFI Manager salaries

Last Updated: 31 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

Similar Designation salaries in MFI

Credit Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Finance Manager Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Senior Associate Salary

(4 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Financial Controller Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Salary related reviews for MFI

Assistant Manager in Sakuao, Kharagpur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 18 Sep 2023

1.0

for Salary and Benefits

Likes

Nothing have anything to like, ya this is newly company but management,working culture,system nothing is to be like here.

Dislikes

Mis-Behaviour from staff, abusing word use on shop floor by manager and management with HR. There are no respect of staff,no facility.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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MFI Manager Salary FAQs

What is the salary of Manager at MFI ?

Manager salary at MFI in India ranges between ₹3.4 Lakhs to ₹8.0 Lakhs for experience between 2 years to 12 years. According to our estimates it is 70% less than the average Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of MFI India.

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

The average salary of a Manager at MFI is 70% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than MFI to a Manager in India?

Deloitte Manager Salary - ₹15.5 Lakhs to ₹52.0 Lakhs per year
Bosch Global Software Technologies Manager Salary - ₹13.0 Lakhs to ₹45.0 Lakhs per year
Ernst & Young Manager Salary - ₹16.5 Lakhs to ₹51.2 Lakhs per year
CGI Group Manager Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
Cognizant Manager Salary - ₹13.0 Lakhs to ₹39.4 Lakhs per year

What is the salary of a Manager in companies similar to MFI in India?

Virtusa Consulting Services Manager Salary - ₹13.0 Lakhs to ₹31.0 Lakhs per year
GlobalLogic Manager Salary - ₹9.4 Lakhs to ₹34.1 Lakhs per year
EXL Service Manager Salary - ₹8.6 Lakhs to ₹32.5 Lakhs per year
UST Manager Salary - ₹10.0 Lakhs to ₹33.5 Lakhs per year
NTT Data Information Processing Services Manager Salary - ₹7.9 Lakhs to ₹33.0 Lakhs per year

What is the estimated take home salary of a Manager at MFI in India?

The estimated take-home salary of a Manager at MFI ranges between ₹35,857 per month to ₹37,084 per month in India. The take-home salary calculation is based on the average MFI Manager salary in India which ranges between ₹3.4 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Manager at MFI ?

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

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MFI Manager Salaries

MFI Manager salary in India ranges between ₹3.4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MFI latest salaries received from various employees of MFI .