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Micro Finance Assistant Manager salaries in India

Annual salary range
0 - 7 years exp.
₹2.3 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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65% less than the average Assistant Manager Salary in Financial Services Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting
Assistant Manager Salary
2 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
Fresher (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 26 Aug 2024

Companies similar to Micro Finance for Assistant Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Assistant Manager Salary

0 - 13 years exp. (1.4k salaries)

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₹1.5 L/yr - ₹8.5 L/yr

arrow icon 59% more
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Muthoot Finance Assistant Manager Salary

0 - 10 years exp. (635 salaries)

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₹1.7 L/yr - ₹5.6 L/yr

arrow icon 36% more
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Manappuram Finance Assistant Manager Salary

0 - 7 years exp. (411 salaries)

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₹1.2 L/yr - ₹6 L/yr

arrow icon 17% more
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₹2.5 L/yr - ₹8 L/yr

arrow icon 46% more
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₹1.5 L/yr - ₹5.3 L/yr

arrow icon 23% more
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Jana Small Finance Bank Assistant Manager Salary

0 - 10 years exp. (497 salaries)

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₹1.9 L/yr - ₹7 L/yr

arrow icon 45% more
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₹3.6 L/yr - ₹7 L/yr

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₹2.3 L/yr - ₹7.4 L/yr

arrow icon 39% more
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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 33% more
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Svatantra Microfin Assistant Manager Salary

1 - 9 years exp. (40 salaries)

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₹2.1 L/yr - ₹9 L/yr

arrow icon 47% more
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HSBC Group Assistant Manager Salary

0 - 14 years exp. (2.7k salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 218% more
7 job openings
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State Street Corporation Assistant Manager Salary

5 - 16 years exp. (1.8k salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 466% more
1 job opening
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Citicorp Assistant Manager Salary

1 - 15 years exp. (1.6k salaries)

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₹5.5 L/yr - ₹19.6 L/yr

arrow icon 331% more
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BNP Paribas Assistant Manager Salary

5 - 15 years exp. (1.3k salaries)

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₹5.8 L/yr - ₹23.9 L/yr

arrow icon 352% more
1 job opening
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American Express Assistant Manager Salary

1 - 8 years exp. (682 salaries)

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₹14 L/yr - ₹42 L/yr

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Citigroup Assistant Manager Salary

5 - 13 years exp. (327 salaries)

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₹6.8 L/yr - ₹20 L/yr

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₹1.6 L/yr - ₹9.1 L/yr

arrow icon 59% more
1 job opening
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BNY Assistant Manager Salary

6 - 15 years exp. (128 salaries)

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₹7 L/yr - ₹20.4 L/yr

arrow icon 373% more
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HDFC Sales Assistant Manager Salary

0 - 14 years exp. (78 salaries)

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₹2.5 L/yr - ₹10.4 L/yr

arrow icon 86% more
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UBS Assistant Manager Salary

5 - 12 years exp. (58 salaries)

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₹6.8 L/yr - ₹22.8 L/yr

arrow icon 389% more
View all
Assistant Manager salary at Micro Finance ranges between ₹2.3 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Micro Finance.

Latest annual salaries shared by Micro Finance Assistant Manager

3mo ago
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6 years exp.
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7 years exp.

Experience wise Micro Finance Assistant Manager salaries

Last Updated: 26 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.3 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.5 L/yr
View all

Similar Designation salaries in Micro Finance

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₹2 L/yr - ₹3.5 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Team Manager Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Branch Manager Salary
(22 salaries)
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₹2.02 L/yr - ₹4 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
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₹1.7 L/yr - ₹3.4 L/yr
Team Lead Salary
(3 salaries)
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₹1.9 L/yr - ₹3 L/yr
Teller Salary
(AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.1 L/yr
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₹1.2 L/yr - ₹3.73 L/yr

Salary related reviews for Micro Finance

5.0

Rated by 2 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.

read more

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 Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Micro Finance?
Assistant Manager salary at Micro Finance in India ranges between ₹2.3 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 65% less than the average Assistant Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Micro Finance India.
How does the salary of a Assistant Manager at Micro Finance India compare with the average salary range for this job?
The average salary of a Assistant Manager at Micro Finance is 65% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Micro Finance to a Assistant Manager in India?
  • American Express Assistant Manager Salary - ₹14.0 Lakhs to ₹42.0 Lakhs per year
  • State Street Corporation Assistant Manager Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
  • FactSet Assistant Manager Salary - ₹11.0 Lakhs to ₹22.0 Lakhs per year
  • UBS Assistant Manager Salary - ₹6.8 Lakhs to ₹22.8 Lakhs per year
  • BNY Assistant Manager Salary - ₹7.0 Lakhs to ₹20.4 Lakhs per year
What is the salary of a Assistant Manager in companies similar to Micro Finance in India?
  • Fidelity Investments Assistant Manager Salary - ₹7.5 Lakhs to ₹22.9 Lakhs per year
  • BNP Paribas Assistant Manager Salary - ₹5.8 Lakhs to ₹23.9 Lakhs per year
  • Citigroup Assistant Manager Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year
  • Northern Trust Operating Services Assistant Manager Salary - ₹10.0 Lakhs to ₹15.8 Lakhs per year
  • Citicorp Assistant Manager Salary - ₹5.5 Lakhs to ₹19.6 Lakhs per year
What is the estimated take home salary of a Assistant Manager at Micro Finance in India?
The estimated take-home salary of a Assistant Manager at Micro Finance ranges between ₹21,080 per month to ₹22,727 per month in India. The take-home salary calculation is based on the average Micro Finance Assistant Manager salary in India which ranges between ₹2.3 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at Micro Finance?
According to AmbitionBox, 60% of the Micro Finance Assistant Managers reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Micro Finance Assistant Manager salary in India ranges between ₹2.3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Micro Finance latest salaries received from various employees of Micro Finance.