MFI Salaries by 90+ Employees (Updated 2024)

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Designation	Avg Annual Salary	Open Jobs
Collection Officer 1 year exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
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QC Engineer Experience: NA (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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Officer 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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Manager 2 - 12 years exp. (4 salaries)	₹3.4 L/yr - ₹8 L/yr
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Assistant Manager 6 - 12 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 L/yr
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Senior Executive 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Field Officer 1 - 5 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Apprentice Fresher (AmbitionBox Estimate)	₹0.2 L/yr - ₹0.2 L/yr
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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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Salary related reviews for MFI

2.9

Rated by 13 employees for salary & benefits

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.

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MFI Salary FAQs

How much does MFI pay per year?

The average MFI salary ranges from approximately ₹2 Lakhs to ₹3.5 Lakhs per year for a Branch Manager and ₹2 Lakhs to ₹3.5 Lakhs per year for a Branch Manager. Salary estimates are based on 99 MFI salaries received from various employees of MFI . MFI employees rate the overall salary and benefits package 2.9/5 stars.

What is the highest salary in MFI ?

The highest-paying job at MFI is a Branch Manager with a salary of ₹2 Lakhs to ₹3.5 Lakhs per year. The top 10% of employees earn more than ₹12 lakhs per year. The top 1% earn more than a whopping ₹84.98 lakhs per year.

What is the minimum salary in MFI ?

Minimum salary at MFI depends on the role you are applying for. For Auditor the minimum salary is ₹1.8 Lakh to ₹2.3 Lakhs per year, and for Customer Service Manager the minimum salary is ₹1.8 Lakh to ₹2.4 Lakhs per year and so on.

What is the notice period at MFI ?

According to AmbitionBox, 52% of the MFI employees reported a notice period of 1 Month, 35% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.