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Micro Finance FDO salaries in India

Annual salary range
1 - 6 years exp.
₹4 Lakhs - ₹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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89% more than the average FDO Salary in Financial Services Companies for 1 - 6 years of experience

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Last Updated: 29 Oct 2024

Companies similar to Micro Finance for FDO

Company name Avg Annual Salary Open Jobs
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Asirvad Microfinance FDO Salary

0 - 2 years exp. (15 salaries)

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₹1.3 L/yr - ₹3 L/yr

arrow icon 50% less
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Karma Healthcare Ltd FDO Salary

3 - 6 years exp. (6 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 6% less
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Homeocare International FDO Salary

0 - 3 years exp. (4 salaries)

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₹1.5 L/yr - ₹2.4 L/yr

arrow icon 55% less
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Axis Bank FDO Salary

0 - 10 years exp. (4 salaries)

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₹1.8 L/yr - ₹4.6 L/yr

arrow icon 40% less
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Mahindra Summit Agriscience FDO Salary

0 - 8 years exp. (4 salaries)

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₹1 L/yr - ₹2.2 L/yr

arrow icon 57% less
FDO salary at Micro Finance ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Micro Finance.

Latest annual salaries shared by Micro Finance FDO

2mo ago
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6 years exp.
4mo ago
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3 years exp.
1y ago
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1 year exp.

Experience wise Micro Finance FDO salaries

Last Updated: 29 Oct 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Salary related reviews for Micro Finance

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.

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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 FDO Salary FAQs

What is the notice period for FDO at Micro Finance?
According to AmbitionBox, 50% of the Micro Finance FDOs reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Micro Finance FDO salary in India ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Micro Finance latest salaries received from various employees of Micro Finance.