Micro Finance Sales Executive Salaries by 5 Employees

2 - 4 years exp.

₹2.5 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Sales Executive Salary in Financial Services Companies for 2 - 4 years of experience

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Salaries in different departments

Sales & Business Development Sales Executive Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Customer Success, Service & Operations Sales Executive Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 2 Nov 2024

Companies similar to Micro Finance for Sales Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Sales Executive Salary 0 - 6 years exp. (701 salaries)	₹1 L/yr - ₹5 L/yr 2% more
Muthoot Finance Sales Executive Salary 0 - 13 years exp. (70 salaries)	₹1.4 L/yr - ₹3.5 L/yr 7% less	1 job opening
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Manappuram Finance Sales Executive Salary 0 - 5 years exp. (102 salaries)	₹1 L/yr - ₹4 L/yr 5% more
Ujjivan Financial Services Sales Executive Salary 2 - 5 years exp. (5 salaries)	₹2.1 L/yr - ₹2.5 L/yr 11% less
Equitas Small Finance Bank Sales Executive Salary 1 - 10 years exp. (33 salaries)	₹1.6 L/yr - ₹4 L/yr 8% more
Jana Small Finance Bank Sales Executive Salary 0 - 8 years exp. (158 salaries)	₹1.2 L/yr - ₹3.5 L/yr 1% more
Spandana Sphoorty Financial Sales Executive Salary 0 - 1 year exp. (5 salaries)	₹1.5 L/yr - ₹4.3 L/yr 3% more
Satin Creditcare Network Sales Executive Salary 1 - 7 years exp. (8 salaries)	₹2.1 L/yr - ₹2.5 L/yr 12% less
Utkarsh Small Finance Bank Sales Executive Salary 0 - 6 years exp. (400 salaries)	₹1.1 L/yr - ₹3.6 L/yr 1% more	3 job openings
Svatantra Microfin Sales Executive Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹1.9 L/yr 32% less
HDFC Sales Sales Executive Salary 0 - 7 years exp. (372 salaries)	₹1.3 L/yr - ₹5 L/yr 8% more
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Axis Direct Sales Executive Salary 1 - 6 years exp. (243 salaries)	₹1 L/yr - ₹4.1 L/yr 11% less
Cholamandalam Investment & Finance Sales Executive Salary 0 - 6 years exp. (151 salaries)	₹1.1 L/yr - ₹4 L/yr 10% less
Citicorp Sales Executive Salary 0 - 6 years exp. (24 salaries)	₹1.1 L/yr - ₹6.5 L/yr 14% more
Manappuram Home Finance Sales Executive Salary 0 - 5 years exp. (20 salaries)	₹1.9 L/yr - ₹3.2 L/yr At par
American Express Sales Executive Salary 0 - 8 years exp. (19 salaries)	₹2 L/yr - ₹7 L/yr 33% more
HSBC Group Sales Executive Salary 0 - 6 years exp. (6 salaries)	₹1.6 L/yr - ₹5.9 L/yr 24% more
Karvy Financial Services Sales Executive Salary 1 - 4 years exp. (6 salaries)	₹1.6 L/yr - ₹3.1 L/yr 16% less
UBS Sales Executive Salary 1 - 11 years exp. (4 salaries)	₹2.2 L/yr - ₹4 L/yr 23% more

Sales Executive salary at Micro Finance ranges between ₹2.5 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Micro Finance.

Experience wise Micro Finance Sales Executive salaries

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr

Similar Designation salaries in Micro Finance

Marketing Executive Salary

(3 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Customer Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Team Lead Salary

(3 salaries)

₹1.9 L/yr - ₹3 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Relationship Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Relationship Manager Salary

(3 salaries)

₹1.7 L/yr - ₹3.4 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 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.

Salary - Good

+5 more

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.

Job security - Excellent

+4 more

Dislikes

I dislike wasasa Microfinance cannot provide training and Education opportunities.

Skill development - Poor

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.

Salary - Good

+4 more

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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Micro Finance Sales Executive Salary FAQs

What is the salary of Sales Executive at Micro Finance ?

The average salary of a Sales Executive at Micro Finance in India typically ranges from ₹2.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Sales Executive at Micro Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Sales Executive Salaries at Micro Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Micro Finance employees in India.

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

The estimated take-home salary of a Sales Executive at Micro Finance in India typically ranges from ₹18,584 to ₹20,269 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Micro Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Micro Finance for Sales Executive in India?

American Express	₹2.0 Lakhs to ₹7.0 Lakhs per year
HSBC Group	₹1.6 Lakhs to ₹5.9 Lakhs per year
UBS	₹2.2 Lakhs to ₹4.0 Lakhs per year
Citicorp	₹1.1 Lakhs to ₹6.5 Lakhs per year
Equitas Small Finance Bank	₹1.6 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Micro Finance, depending on the role and experience level.

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

The salary of a Sales Executive at companies similar to Micro Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Sales	₹1.3 Lakhs to ₹5.0 Lakhs per year
Manappuram Finance	₹1.0 Lakhs to ₹4.0 Lakhs per year
Spandana Sphoorty Financial	₹1.5 Lakhs to ₹4.3 Lakhs per year
Bajaj Finance	₹1.0 Lakhs to ₹5.0 Lakhs per year
Utkarsh Small Finance Bank	₹1.1 Lakhs to ₹3.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Sales Executive at Micro Finance in India?

The salary growth for a Sales Executive at Micro Finance depends on factors such as experience, performance, and promotions. On average, a Sales Executive can expect the following growth trajectory at Micro Finance:

Experience	Average Salary Range
2 years	₹2.5 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹4.7 Lakhs per year
4 years	₹2.5 Lakhs to ₹2.5 Lakhs per year

and so on.

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Micro Finance Sales Executive Salaries

Micro Finance Sales Executive salary in India ranges between ₹2.5 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Micro Finance latest salaries received from various employees of Micro Finance.