Micro Finance Branch Manager Salaries by 20+ Employees

1 - 8 years exp.

₹2 Lakhs - ₹4 Lakhs

Salary of majority employees

64% less than the average Branch Manager Salary in Financial Services Companies for 1 - 8 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 1 - 7 years exp. (11 salaries)	₹2.2 L/yr - ₹3.5 L/yr
Login to view exact salary
Finance & Accounting Branch Manager Salary 3 - 8 years exp. (7 salaries)	₹2.7 L/yr - ₹3.7 L/yr

Last Updated: 17 Jul 2024

Companies similar to Micro Finance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Branch Manager Salary 7 - 17 years exp. (310 salaries)	₹4.4 L/yr - ₹14.5 L/yr 190% more	1 job opening
Jana Small Finance Bank Branch Manager Salary 5 - 16 years exp. (297 salaries)	₹3.8 L/yr - ₹14.3 L/yr 164% more
Login to view exact salary
ESAF Small Finance Bank Branch Manager Salary 5 - 15 years exp. (346 salaries)	₹3.2 L/yr - ₹13.3 L/yr 147% more
Equitas Small Finance Bank Branch Manager Salary 5 - 16 years exp. (251 salaries)	₹3.6 L/yr - ₹14.5 L/yr 155% more	14 job openings
Utkarsh Small Finance Bank Branch Manager Salary 5 - 17 years exp. (255 salaries)	₹3.8 L/yr - ₹14 L/yr 170% more
Muthoot Finance Branch Manager Salary 2 - 18 years exp. (593 salaries)	₹1.8 L/yr - ₹7.5 L/yr 49% more	2 job openings
Manappuram Finance Branch Manager Salary 1 - 9 years exp. (225 salaries)	₹1.8 L/yr - ₹6 L/yr 21% more
Satin Creditcare Network Branch Manager Salary 3 - 10 years exp. (170 salaries)	₹2.2 L/yr - ₹4.8 L/yr 7% more
Bajaj Finance Branch Manager Salary 4 - 13 years exp. (170 salaries)	₹2.9 L/yr - ₹8.9 L/yr 92% more	272 job openings
Spandana Sphoorty Financial Branch Manager Salary 2 - 9 years exp. (153 salaries)	₹1.4 L/yr - ₹6.1 L/yr 15% more
Svatantra Microfin Branch Manager Salary 2 - 8 years exp. (94 salaries)	₹2.1 L/yr - ₹6 L/yr 12% more
Login to view exact salary
Cholamandalam Investment & Finance Branch Manager Salary 5 - 12 years exp. (68 salaries)	₹3.5 L/yr - ₹10.5 L/yr 98% more	2 job openings
Manappuram Home Finance Branch Manager Salary 3 - 13 years exp. (18 salaries)	₹3.3 L/yr - ₹7.6 L/yr 51% more
Axis Direct Branch Manager Salary 9 - 19 years exp. (22 salaries)	₹5.8 L/yr - ₹15 L/yr 194% more
Ujjivan Financial Services Branch Manager Salary 2 - 12 years exp. (12 salaries)	₹3.3 L/yr - ₹9.5 L/yr 100% more	2 job openings
Karvy Financial Services Branch Manager Salary 6 - 13 years exp. (9 salaries)	₹3.5 L/yr - ₹7.5 L/yr 49% more
Citicorp Branch Manager Salary 2 - 20 years exp. (5 salaries)	₹8 L/yr - ₹21 L/yr 344% more
HSBC Group Branch Manager Salary 1 - 9 years exp. (5 salaries)	₹10.5 L/yr - ₹15.4 L/yr 282% more
HDFC Sales Branch Manager Salary 5 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹5.5 L/yr 14% more

Branch Manager salary at Micro Finance ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 22 latest salaries received from various employees of Micro Finance.

Experience wise Micro Finance Branch Manager salaries

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.8 L/yr
Login to view exact salary
3 years (5 salaries)	₹2.7 L/yr - ₹3.5 L/yr
4 years (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr
5 years (3 salaries)	₹3 L/yr - ₹4 L/yr
6 years (3 salaries)	₹2.3 L/yr - ₹3.4 L/yr
7 years (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.4 L/yr

View all

Similar Designation salaries in Micro Finance

Area Manager Salary

(7 salaries)

₹3.5 L/yr - ₹6.15 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Branch Head Salary

(4 salaries)

₹2.9 L/yr - ₹8.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Branch Manager Salary

(4 salaries)

₹3.8 L/yr - ₹4.3 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Relationship Manager Salary

(3 salaries)

₹1.7 L/yr - ₹3.4 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Micro Finance

4.2

Rated by 6 employees for salary & benefits

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

Got a question about Micro Finance?

Ask anonymously on communities.

Micro Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Micro Finance?

Branch Manager salary at Micro Finance in India ranges between ₹2.0 Lakhs to ₹4.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 64% less than the average Branch Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Micro Finance India.

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

The average salary of a Branch Manager at Micro Finance is 64% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Micro Finance to a Branch Manager in India?

Citicorp Branch Manager Salary - ₹8.0 Lakhs to ₹21.0 Lakhs per year
HSBC Group Branch Manager Salary - ₹10.5 Lakhs to ₹15.4 Lakhs per year
Axis Direct Branch Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
Ujjivan Small Finance Bank Branch Manager Salary - ₹4.4 Lakhs to ₹14.5 Lakhs per year
Utkarsh Small Finance Bank Branch Manager Salary - ₹3.8 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to Micro Finance in India?

Jana Small Finance Bank Branch Manager Salary - ₹3.8 Lakhs to ₹14.3 Lakhs per year
Equitas Small Finance Bank Branch Manager Salary - ₹3.6 Lakhs to ₹14.5 Lakhs per year
ESAF Small Finance Bank Branch Manager Salary - ₹3.2 Lakhs to ₹13.3 Lakhs per year
Ujjivan Financial Services Branch Manager Salary - ₹3.3 Lakhs to ₹9.5 Lakhs per year
Cholamandalam Investment & Finance Branch Manager Salary - ₹3.5 Lakhs to ₹10.5 Lakhs per year

What is the estimated take home salary of a Branch Manager at Micro Finance in India?

The estimated take-home salary of a Branch Manager at Micro Finance ranges between ₹23,798 per month to ₹25,255 per month in India. The take-home salary calculation is based on the average Micro Finance Branch Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Micro Finance?

According to AmbitionBox, 50% of the Micro Finance Branch Managers reported a notice period of 1 Month, 40% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Micro Finance Branch Manager Salaries by Location

Home >
Salaries >
Micro Finance Salaries >
Micro Finance Branch Manager Salaries

Micro Finance Branch Manager salary in India ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Micro Finance latest salaries received from various employees of Micro Finance.