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Micro Finance Salaries in India

based on 406 latest salaries
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Designation Avg Annual Salary Open Jobs
1 - 8 years exp. (22 salaries)
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₹2 L/yr - ₹4 L/yr

2 - 5 years exp. (8 salaries)
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₹2 L/yr - ₹3.5 L/yr

0 - 3 years exp. (7 salaries)
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₹0.7 L/yr - ₹2.4 L/yr

5 - 14 years exp. (7 salaries)
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₹3.5 L/yr - ₹6.2 L/yr

Starting your career? Discover Micro Finance fresher salaries in India
2 - 4 years exp. (6 salaries)
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₹2 L/yr - ₹2.2 L/yr

2 - 4 years exp. (5 salaries)
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₹2.5 L/yr - ₹3 L/yr

0 - 4 years exp. (5 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

1 - 9 years exp. (5 salaries)
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₹1.2 L/yr - ₹2.4 L/yr

6 - 9 years exp. (4 salaries)
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₹2.9 L/yr - ₹8.5 L/yr

4 - 9 years exp. (4 salaries)
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₹3.9 L/yr - ₹4.4 L/yr

Fresher (4 salaries)
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₹1.2 L/yr - ₹2.9 L/yr

2 - 3 years exp. (4 salaries)
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₹1.2 L/yr - ₹2.5 L/yr

0 - 5 years exp. (4 salaries)
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₹1.5 L/yr - ₹10 L/yr

2 - 5 years exp. (4 salaries)
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₹1.8 L/yr - ₹2.9 L/yr

1 - 7 years exp. (4 salaries)
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₹1.2 L/yr - ₹3.7 L/yr

1 - 3 years exp. (4 salaries)
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₹1.5 L/yr - ₹2.9 L/yr

3 - 9 years exp. (4 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

2 - 4 years exp. (3 salaries)
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₹2.5 L/yr - ₹3.2 L/yr

13 - 18 years exp. (3 salaries)
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₹15 L/yr - ₹30.2 L/yr

1 year exp. (3 salaries)
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₹0.6 L/yr - ₹2 L/yr

Last Updated: 17 Dec, 2024

Salary related reviews for Micro Finance

3.5

Rated by 61 employees for salary & benefits

Finance Department

5.0
  •  posted on 27 Dec 2017

4.0
 for  Salary and Benefits

Likes

The company is just a star up organisation so it was direct reporting to the bosses and all the employees are well treated as like as the family members.

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Dislikes

Huge deductions in salary and no yearly bonus at all

Engineering - Software & QA Department

3.0
  •  posted on 24 Jul 2018

3.0
 for  Salary and Benefits

Likes

I like wasasa Microfinance Institution because of they have career growth and salary appraisal depending on performance of employees. And have travel service.

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Dislikes

I dislike wasasa Microfinance cannot provide training and Education opportunities.

BFSI, Investments & Trading Department

4.0
  •  posted on 15 Jul 2019

4.0
 for  Salary and Benefits

Likes

The sector gave me opportunity to bring smiles on the faces of deprived women who are in dire need of money to expand their livelihood. The sector not only helps the women in availing loans but helps them by educating through financial literacy, they tend to save money and invest it wisely. At the end of the day this job gave recognition in the community as their mentor and I feel proud when people express their gratitude for bringing change in their lives.

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Dislikes

Many people see this sector as petty money lenders, and think that there are huge profits in the sector. This compels people to start micro finance without really understanding the essence of it. This situation is resulting in mushrooming micro finance organisations and developing unhealthy competition. In some cases the women who fail to repay are exploited in all sorts.

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Micro Finance Salary FAQs

How much does Micro Finance pay per year?
The average Micro Finance salary ranges from approximately ₹1.2 Lakh to ₹2.5 Lakhs per year for a Executive Accountant and ₹3.5 Lakhs to ₹6.2 Lakhs per year for a Area Manager. Salary estimates are based on 406 Micro Finance salaries received from various employees of Micro Finance. Micro Finance employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in Micro Finance?
The highest-paying job at Micro Finance is a Area Manager with a salary of ₹3.5 Lakhs to ₹6.2 Lakhs per year. The top 10% of employees earn more than ₹4.86 lakhs per year. The top 1% earn more than a whopping ₹30.12 lakhs per year.
What is the minimum salary in Micro Finance?
Minimum salary at Micro Finance depends on the role you are applying for. For Collections Executive the minimum salary is ₹1.2 Lakh to ₹2.4 Lakhs per year, and for Field Officer the minimum salary is ₹1 Lakh to ₹2 Lakhs per year and so on.

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Average annual salary in Micro Finance is INRunlock blur . Salary estimates are based on 406 Micro Finance latest salaries received from various employees of Micro Finance.

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