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Micro Finance Microfinance salaries in India

Annual salary range
0 - 4 years exp.
₹1.5 Lakh - ₹4.5 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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9% less than the average Microfinance Salary in Financial Services Companies for 0 - 4 years of experience

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Last Updated: 21 May 2023

Companies similar to Micro Finance for Microfinance

Company name Avg Annual Salary Open Jobs
Logo
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₹2.4 L/yr - ₹16.9 L/yr

arrow icon 299% more
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₹1.5 L/yr - ₹2.2 L/yr

arrow icon 15% less
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Satin Creditcare Network Microfinance Salary

0 - 6 years exp. (10 salaries)

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₹1.7 L/yr - ₹3 L/yr

arrow icon 2% less
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₹1.8 L/yr - ₹2.8 L/yr

arrow icon 3% less
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Svatantra Microfin Microfinance Salary

0 - 5 years exp. (5 salaries)

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₹1.3 L/yr - ₹3.6 L/yr

arrow icon 10% less
Microfinance salary at Micro Finance ranges between ₹1.5 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Micro Finance.

Latest annual salaries shared by Micro Finance Microfinance

1y ago
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1 year exp.
1y ago
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1 year exp.
1y ago
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4 years exp.
1y ago
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6 months exp.

Experience wise Micro Finance Microfinance salaries

Last Updated: 21 May 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹4.5 L/yr
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹2.4 L/yr

Salary related reviews for Micro Finance

5.0

Rated by 1 employees for salary & benefits

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 Microfinance Salary FAQs

What is the salary of Microfinance at Micro Finance?
Microfinance salary at Micro Finance in India ranges between ₹1.5 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 9% less than the average Microfinance 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 Microfinance at Micro Finance India compare with the average salary range for this job?
The average salary of a Microfinance at Micro Finance is 9% less than the average salary of a Microfinance in India. To know exact salary insights, login to view.
Which similar companies are paying more than Micro Finance to a Microfinance in India?
  • Equitas Small Finance Bank Microfinance Salary - ₹2.4 Lakhs to ₹16.9 Lakhs per year
What is the salary of a Microfinance in companies similar to Micro Finance in India?
  • Satin Creditcare Network Microfinance Salary - ₹1.7 Lakhs to ₹3.0 Lakhs per year
  • Utkarsh Small Finance Bank Microfinance Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year
  • Svatantra Microfin Microfinance Salary - ₹1.3 Lakhs to ₹3.6 Lakhs per year
  • Spandana Sphoorty Financial Microfinance Salary - ₹1.5 Lakhs to ₹2.2 Lakhs per year
What is the estimated take home salary of a Microfinance at Micro Finance in India?
The estimated take-home salary of a Microfinance at Micro Finance ranges between ₹15,912 per month to ₹17,559 per month in India. The take-home salary calculation is based on the average Micro Finance Microfinance salary in India which ranges between ₹1.5 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Microfinance at Micro Finance?
According to AmbitionBox, 67% of the Micro Finance Microfinances reported a notice period of More than 3 months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Micro Finance Microfinance salary in India ranges between ₹1.5 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Micro Finance latest salaries received from various employees of Micro Finance.