Micro Finance Account Assistant Salaries by 4 Employees (Updated 2024)

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₹1.2 Lakh - ₹2.9 Lakhs

Low Confidence

Salary of majority employees

6% less than the average Account Assistant Salary in Financial Services Companies for Fresher

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Salaries in different departments

Finance & Accounting Account Assistant Salary Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.2 L/yr
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Teaching & Training Account Assistant Salary Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to Micro Finance for Account Assistant

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Account Assistant Salary 0 - 4 years exp. (3 salaries)	₹1.3 L/yr - ₹2.8 L/yr 3% more
Muthoot Finance Account Assistant Salary 1 - 8 years exp. (122 salaries)	₹1.2 L/yr - ₹4.1 L/yr 1% more
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Manappuram Finance Account Assistant Salary 0 - 3 years exp. (12 salaries)	₹1.5 L/yr - ₹3 L/yr 17% less
Equitas Small Finance Bank Account Assistant Salary 1 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹3.2 L/yr 20% more
Jana Small Finance Bank Account Assistant Salary 2 - 6 years exp. (4 salaries)	₹1.2 L/yr - ₹2.6 L/yr 24% less
State Street Corporation Account Assistant Salary 0 - 6 years exp. (8 salaries)	₹3.3 L/yr - ₹6.5 L/yr 92% more
HSBC Group Account Assistant Salary 0 - 11 years exp. (6 salaries)	₹4.8 L/yr - ₹8.5 L/yr 142% more
Credit Suisse Account Assistant Salary 0 - 6 years exp. (5 salaries)	₹6 L/yr - ₹11 L/yr 223% more
HDFC Sales Account Assistant Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹5 L/yr 29% more
BNY Account Assistant Salary 0 - 3 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 20% more
American Express Account Assistant Salary 2 - 8 years exp. (3 salaries)	₹0.6 L/yr - ₹2.5 L/yr 45% less
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Account Assistant salary at Micro Finance ranges between ₹1.2 Lakh to ₹2.9 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Micro Finance.

Experience wise Micro Finance Account Assistant salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (4 salaries)	₹1.2 L/yr - ₹2.9 L/yr
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Similar Designation salaries in Micro Finance

Accountant Salary

(3 salaries)

₹0.6 L/yr - ₹2 L/yr

Accounting Staff Salary

(AmbitionBox Estimate)

₹0.6 L/yr - ₹0.8 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹0.8 L/yr - ₹1 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Financial Analyst Salary

(3 salaries)

₹1.8 L/yr - ₹2.2 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for Micro Finance

Risk Manager in Hyderabad / Secunderabad

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.

Dislikes

Huge deductions in salary and no yearly bonus at all

SQL Database Administrator in Addis Ababa

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.

Dislikes

I dislike wasasa Microfinance cannot provide training and Education opportunities.

Assistant General Manager in Hyderabad / Secunderabad

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.

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.

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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Micro Finance Account Assistant Salary FAQs

What is the salary of Account Assistant at Micro Finance?

Account Assistant salary at Micro Finance in India ranges between ₹1.2 Lakhs to ₹2.9 Lakhs for less than 1 year of experience. According to our estimates it is 6% less than the average Account Assistant Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Micro Finance India.

How does the salary of a Account Assistant at Micro Finance India compare with the average salary range for this job?

The average salary of a Account Assistant at Micro Finance is 6% less than the average salary of a Account Assistant in India. To know exact salary insights, login to view.

Which similar companies are paying more than Micro Finance to a Account Assistant in India?

Credit Suisse Account Assistant Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
HSBC Group Account Assistant Salary - ₹4.8 Lakhs to ₹8.5 Lakhs per year
State Street Corporation Account Assistant Salary - ₹3.3 Lakhs to ₹6.5 Lakhs per year
HDFC Sales Account Assistant Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year
BNY Account Assistant Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Account Assistant in companies similar to Micro Finance in India?

Equitas Small Finance Bank Account Assistant Salary - ₹2.8 Lakhs to ₹3.2 Lakhs per year
Bajaj Finance Account Assistant Salary - ₹1.3 Lakhs to ₹2.8 Lakhs per year
Muthoot Finance Account Assistant Salary - ₹1.2 Lakhs to ₹4.1 Lakhs per year
Manappuram Finance Account Assistant Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
Jana Small Finance Bank Account Assistant Salary - ₹1.2 Lakhs to ₹2.6 Lakhs per year

What is the estimated take home salary of a Account Assistant at Micro Finance in India?

The estimated take-home salary of a Account Assistant at Micro Finance ranges between ₹17,443 per month to ₹19,145 per month in India. The take-home salary calculation is based on the average Micro Finance Account Assistant salary in India which ranges between ₹1.2 Lakhs to ₹2.9 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

What is the notice period for Account Assistant at Micro Finance?

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

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Micro Finance Account Assistant Salaries

Micro Finance Account Assistant salary in India ranges between ₹1.2 Lakh to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Micro Finance latest salaries received from various employees of Micro Finance.