Micro Finance Manager Salaries by 5 Employees (Updated 2024)

4 - 12 years exp.

₹3.3 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

73% less than the average Manager Salary in Financial Services Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.8 L/yr
Customer Success, Service & Operations Manager Salary 12 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
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Finance & Accounting Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
Sales & Business Development Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.2 L/yr

Last Updated: 8 Dec 2024

Companies similar to Micro Finance for Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager Salary 1 - 13 years exp. (645 salaries)	₹2.5 L/yr - ₹11 L/yr 51% more	2 job openings
Muthoot Finance Manager Salary 3 - 13 years exp. (165 salaries)	₹2.4 L/yr - ₹6.8 L/yr 7% more
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Manappuram Finance Manager Salary 1 - 9 years exp. (145 salaries)	₹2 L/yr - ₹6.6 L/yr At par
Equitas Small Finance Bank Manager Salary 4 - 15 years exp. (177 salaries)	₹3.5 L/yr - ₹11.7 L/yr 87% more
Jana Small Finance Bank Manager Salary 3 - 14 years exp. (287 salaries)	₹3 L/yr - ₹9.2 L/yr 40% more
Spandana Sphoorty Financial Manager Salary 0 - 14 years exp. (24 salaries)	₹2.9 L/yr - ₹10.5 L/yr 67% more
Satin Creditcare Network Manager Salary 2 - 10 years exp. (55 salaries)	₹4.7 L/yr - ₹11 L/yr 80% more
Utkarsh Small Finance Bank Manager Salary 7 - 18 years exp. (86 salaries)	₹5 L/yr - ₹13.5 L/yr 108% more	1 job opening
Svatantra Microfin Manager Salary 3 - 9 years exp. (6 salaries)	₹10 L/yr - ₹24.3 L/yr 223% more
HSBC Group Manager Salary 1 - 18 years exp. (2k salaries)	₹8 L/yr - ₹28 L/yr 309% more
Morgan Stanley Manager Salary 2 - 11 years exp. (1.9k salaries)	₹10.6 L/yr - ₹42 L/yr 450% more	2 job openings
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Citicorp Manager Salary 4 - 16 years exp. (1.2k salaries)	₹10.1 L/yr - ₹35 L/yr 390% more
State Street Corporation Manager Salary 8 - 18 years exp. (1.2k salaries)	₹11 L/yr - ₹34 L/yr 379% more
American Express Manager Salary 4 - 12 years exp. (445 salaries)	₹15 L/yr - ₹52 L/yr 670% more	2 job openings
BNP Paribas Manager Salary 8 - 18 years exp. (444 salaries)	₹8 L/yr - ₹30 L/yr 310% more
Citigroup Manager Salary 6 - 18 years exp. (307 salaries)	₹11.5 L/yr - ₹37 L/yr 398% more
BNY Manager Salary 10 - 17 years exp. (233 salaries)	₹9 L/yr - ₹26 L/yr 345% more
Home Credit Finance Manager Salary 4 - 14 years exp. (178 salaries)	₹7.9 L/yr - ₹32 L/yr 314% more	1 job opening
Societe Generale Global Solution Centre Manager Salary 8 - 16 years exp. (134 salaries)	₹9.5 L/yr - ₹33 L/yr 389% more
Credit Suisse Manager Salary 7 - 14 years exp. (99 salaries)	₹9 L/yr - ₹24 L/yr 286% more

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Manager salary at Micro Finance ranges between ₹3.3 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Micro Finance.

Experience wise Micro Finance Manager salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.7 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.3 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.8 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
12 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹7 L/yr

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Similar Designation salaries in Micro Finance

Audit Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Finance Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Financial Analyst Salary

(3 salaries)

₹1.8 L/yr - ₹2.2 L/yr

Audit Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Assistant Vice President Salary

(3 salaries)

₹15 L/yr - ₹30.2 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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Manager Salary FAQs

What is the salary of Manager at Micro Finance?

Manager salary at Micro Finance in India ranges between ₹3.3 Lakhs to ₹5.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 73% less than the average Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Micro Finance India.

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

The average salary of a Manager at Micro Finance is 73% less than the average salary of a Manager in India. To know exact salary insights, login to view.

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

American Express Manager Salary - ₹15.0 Lakhs to ₹52.0 Lakhs per year
Wolters Kluwer ELM Solutions Manager Salary - ₹16.1 Lakhs to ₹42.0 Lakhs per year
Fidelity Investments Manager Salary - ₹15.2 Lakhs to ₹38.4 Lakhs per year
Morgan Stanley Manager Salary - ₹10.6 Lakhs to ₹42.0 Lakhs per year
FactSet Manager Salary - ₹12.0 Lakhs to ₹35.0 Lakhs per year

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

Citigroup Manager Salary - ₹11.5 Lakhs to ₹37.0 Lakhs per year
Citicorp Manager Salary - ₹10.1 Lakhs to ₹35.0 Lakhs per year
Societe Generale Global Solution Centre Manager Salary - ₹9.5 Lakhs to ₹33.0 Lakhs per year
State Street Corporation Manager Salary - ₹11.0 Lakhs to ₹34.0 Lakhs per year
BNY Manager Salary - ₹9.0 Lakhs to ₹26.0 Lakhs per year

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

The estimated take-home salary of a Manager at Micro Finance ranges between ₹32,376 per month to ₹33,655 per month in India. The take-home salary calculation is based on the average Micro Finance Manager salary in India which ranges between ₹3.3 Lakhs to ₹5.0 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Manager at Micro Finance?

According to AmbitionBox, 67% of the Micro Finance Managers reported a notice period of 1 Month, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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Micro Finance Manager Salaries

Micro Finance Manager salary in India ranges between ₹3.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Micro Finance latest salaries received from various employees of Micro Finance.