Micro Finance Branch Manager Salaries by 20+ Employees (Updated 2025)

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

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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. (313 salaries)	₹4.5 L/yr - ₹14.5 L/yr 180% more
Jana Small Finance Bank Branch Manager Salary 6 - 16 years exp. (265 salaries)	₹3.7 L/yr - ₹14.5 L/yr 162% more	3 job openings
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ESAF Small Finance Bank Branch Manager Salary 5 - 15 years exp. (328 salaries)	₹3.2 L/yr - ₹13 L/yr 145% more
Equitas Small Finance Bank Branch Manager Salary 5 - 16 years exp. (252 salaries)	₹3.6 L/yr - ₹14 L/yr 149% more
Utkarsh Small Finance Bank Branch Manager Salary 5 - 16 years exp. (265 salaries)	₹3.6 L/yr - ₹15 L/yr 161% more
Muthoot Finance Branch Manager Salary 2 - 18 years exp. (532 salaries)	₹1.8 L/yr - ₹7.5 L/yr 53% more
Satin Creditcare Network Branch Manager Salary 3 - 10 years exp. (161 salaries)	₹2.2 L/yr - ₹5 L/yr 8% more	1 job opening
Manappuram Finance Branch Manager Salary 1 - 8 years exp. (217 salaries)	₹1.8 L/yr - ₹6 L/yr 19% more
Bajaj Finance Branch Manager Salary 4 - 12 years exp. (117 salaries)	₹2.9 L/yr - ₹8.2 L/yr 86% more	2 job openings
Cholamandalam Investment & Finance Branch Manager Salary 5 - 12 years exp. (69 salaries)	₹2.8 L/yr - ₹8.9 L/yr 91% more
Spandana Sphoorty Financial Branch Manager Salary 2 - 6 years exp. (151 salaries)	₹1.1 L/yr - ₹6.2 L/yr 9% more
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Svatantra Microfin Branch Manager Salary 2 - 8 years exp. (101 salaries)	₹2.1 L/yr - ₹6 L/yr 6% 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
Manappuram Home Finance Branch Manager Salary 3 - 13 years exp. (18 salaries)	₹3.3 L/yr - ₹7.6 L/yr 56% more
Karvy Financial Services Branch Manager Salary 6 - 13 years exp. (9 salaries)	₹3.5 L/yr - ₹7.5 L/yr 49% 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
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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

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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

4.7

Rated by 3 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.

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.

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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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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?

Ujjivan Small Finance Bank Branch Manager Salary - ₹4.5 Lakhs to ₹14.5 Lakhs per year
Jana Small Finance Bank Branch Manager Salary - ₹3.7 Lakhs to ₹14.5 Lakhs per year
Utkarsh Small Finance Bank Branch Manager Salary - ₹3.6 Lakhs to ₹15.0 Lakhs per year
Equitas Small Finance Bank Branch Manager Salary - ₹3.6 Lakhs to ₹14.0 Lakhs per year
ESAF Small Finance Bank Branch Manager Salary - ₹3.2 Lakhs to ₹13.0 Lakhs per year

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

Ujjivan Financial Services Branch Manager Salary - ₹3.3 Lakhs to ₹9.5 Lakhs per year
Cholamandalam Investment & Finance Branch Manager Salary - ₹2.8 Lakhs to ₹8.9 Lakhs per year
Bajaj Finance Branch Manager Salary - ₹2.9 Lakhs to ₹8.2 Lakhs per year
Manappuram Home Finance Branch Manager Salary - ₹3.3 Lakhs to ₹7.6 Lakhs per year
Muthoot Finance Branch Manager Salary - ₹1.8 Lakhs to ₹7.5 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, 67% of the Micro Finance Branch Managers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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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.