Micro Finance Banking Officer Salaries by 2 Employees (Updated 2025)

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₹3.4 Lakhs - ₹4.3 Lakhs

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Salary of majority employees

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Salaries in different departments

Finance & Accounting Banking Officer Salary Fresher (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Sales & Business Development Banking Officer Salary Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 22 Sep 2024

Companies similar to Micro Finance for Banking Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Banking Officer Salary 1 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹3.7 L/yr 9% less
Muthoot Finance Banking Officer Salary 1 - 4 years exp. (9 salaries)	₹1.2 L/yr - ₹4 L/yr 41% less
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Manappuram Finance Banking Officer Salary 0 - 7 years exp. (13 salaries)	₹1.9 L/yr - ₹6 L/yr 7% less
Ujjivan Financial Services Banking Officer Salary 0 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹3.5 L/yr 34% less	1 job opening
Equitas Small Finance Bank Banking Officer Salary 0 - 3 years exp. (34 salaries)	₹1.3 L/yr - ₹4 L/yr 35% less
Jana Small Finance Bank Banking Officer Salary 1 - 5 years exp. (60 salaries)	₹1 L/yr - ₹3.6 L/yr 42% less
Spandana Sphoorty Financial Banking Officer Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 44% less
Satin Creditcare Network Banking Officer Salary 2 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹2.8 L/yr 31% less
Utkarsh Small Finance Bank Banking Officer Salary 0 - 6 years exp. (46 salaries)	₹1.5 L/yr - ₹4.1 L/yr 30% less
Citicorp Banking Officer Salary 1 - 10 years exp. (71 salaries)	₹3.5 L/yr - ₹15 L/yr 120% more
HDFC Sales Banking Officer Salary 0 - 3 years exp. (11 salaries)	₹2 L/yr - ₹4.5 L/yr 27% less
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State Street Corporation Banking Officer Salary 7 - 15 years exp. (4 salaries)	₹8.2 L/yr - ₹20 L/yr 292% more
Cholamandalam Investment & Finance Banking Officer Salary 1 - 3 years exp. (5 salaries)	₹1.8 L/yr - ₹2.2 L/yr 45% less
HSBC Group Banking Officer Salary 4 - 8 years exp. (5 salaries)	₹3.1 L/yr - ₹6.1 L/yr 13% more
Axis Direct Banking Officer Salary 2 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹2.2 L/yr 52% less
UBS Banking Officer Salary 3 - 9 years exp. (3 salaries)	₹11.1 L/yr - ₹16 L/yr 250% more

Banking Officer salary at Micro Finance ranges between ₹3.4 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 2 latest salaries received from various employees of Micro Finance.

Similar Designation salaries in Micro Finance

Accounts Officer Salary

(AmbitionBox Estimate)

₹0.8 L/yr - ₹1 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 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

Finance Executive Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Accountant Salary

(3 salaries)

₹0.6 L/yr - ₹2 L/yr

Team Lead Salary

(3 salaries)

₹1.9 L/yr - ₹3 L/yr

Account Assistant Salary

(4 salaries)

₹1.2 L/yr - ₹2.93 L/yr

Relationship Manager Salary

(3 salaries)

₹1.7 L/yr - ₹3.4 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.

Salary - Good

+5 more

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.

Job security - Excellent

+4 more

Dislikes

I dislike wasasa Microfinance cannot provide training and Education opportunities.

Skill development - Poor

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.

Salary - Good

+4 more

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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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Micro Finance Banking Officer Salary FAQs

What is the notice period for Banking Officer at Micro Finance?

According to AmbitionBox, 67% of the Micro Finance Banking Officers reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Micro Finance Banking Officer Salaries

Micro Finance Banking Officer salary in India ranges between ₹3.4 Lakhs to ₹4.3 Lakhs. This is an estimate based on latest salaries received from employees of Micro Finance.