Micro Finance Credit Executive Salaries by 3 Employees (Updated 2024)

5 - 7 years exp.

₹2.2 Lakhs - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Credit Executive Salary in Financial Services Companies for 5 - 7 years of experience

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Last Updated: 11 Jul 2024

Companies similar to Micro Finance for Credit Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Executive Salary 1 - 4 years exp. (18 salaries)	₹2.2 L/yr - ₹4 L/yr 23% more
Muthoot Finance Credit Executive Salary 2 - 7 years exp. (4 salaries)	₹1.7 L/yr - ₹3.2 L/yr 2% more
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Manappuram Finance Credit Executive Salary 0 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.3 L/yr 12% less
Equitas Small Finance Bank Credit Executive Salary 4 - 9 years exp. (3 salaries)	₹2.4 L/yr - ₹2.5 L/yr 3% more
Jana Small Finance Bank Credit Executive Salary 0 - 8 years exp. (14 salaries)	₹1.6 L/yr - ₹3 L/yr 4% more
Spandana Sphoorty Financial Credit Executive Salary 1 - 4 years exp. (5 salaries)	₹2.4 L/yr - ₹3.1 L/yr 9% more
Utkarsh Small Finance Bank Credit Executive Salary 1 - 3 years exp. (6 salaries)	₹1.9 L/yr - ₹4.8 L/yr 28% more
Cholamandalam Investment & Finance Credit Executive Salary 1 - 11 years exp. (108 salaries)	₹1.3 L/yr - ₹4.6 L/yr 6% more
HDFC Sales Credit Executive Salary 0 - 5 years exp. (14 salaries)	₹1 L/yr - ₹3.6 L/yr 1% more
HSBC Group Credit Executive Salary 1 - 8 years exp. (11 salaries)	₹2.5 L/yr - ₹4.4 L/yr 49% more
American Express Credit Executive Salary 3 - 5 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 160% more
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Aon Credit Executive Salary 0 - 1 year exp. (3 salaries)	₹7.7 L/yr - ₹11 L/yr 270% more
Citigroup Credit Executive Salary 4 - 22 years exp. (3 salaries)	₹1.7 L/yr - ₹2.1 L/yr 18% less

Credit Executive salary at Micro Finance ranges between ₹2.2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Micro Finance.

Experience wise Micro Finance Credit Executive salaries

Last Updated: 11 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Micro Finance

Sales Executive Salary

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₹2.5 L/yr - ₹3 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Relationship Executive Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Team Lead Salary

(3 salaries)

₹1.9 L/yr - ₹3 L/yr

Collection Officer Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Branch Manager Salary

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Account Assistant Salary

(4 salaries)

₹1.2 L/yr - ₹2.93 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Accountant Salary

(3 salaries)

₹0.6 L/yr - ₹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.

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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 Credit Executive Salaries

Micro Finance Credit Executive salary in India ranges between ₹2.2 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Micro Finance latest salaries received from various employees of Micro Finance.

Micro Finance Credit Executive salaries in India

Companies similar to Micro Finance for Credit Executive

Latest annual salaries shared by Micro Finance Credit Executive

Experience wise Micro Finance Credit Executive salaries

Similar Designation salaries in Micro Finance

Salary related reviews for Micro Finance

Risk Manager in Hyderabad / Secunderabad

SQL Database Administrator in Addis Ababa

Assistant General Manager in Hyderabad / Secunderabad

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