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Micro Finance Senior Branch Manager salaries in India

Annual salary range
4 - 9 years exp.
₹3.9 Lakhs - ₹4.4 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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60% less than the average Senior Branch Manager Salary in Financial Services Companies for 4 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Branch Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.8 L/yr

Finance & Accounting
Senior Branch Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.7 L/yr

Last Updated: 7 Mar 2024

Companies similar to Micro Finance for Senior Branch Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Senior Branch Manager Salary

5 - 13 years exp. (14 salaries)

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₹6 L/yr - ₹8 L/yr

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Muthoot Finance Senior Branch Manager Salary

12 - 17 years exp. (11 salaries)

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₹6.6 L/yr - ₹10.5 L/yr

arrow icon 64% more
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₹4.7 L/yr - ₹9.6 L/yr

arrow icon 75% more
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₹5 L/yr - ₹15.5 L/yr

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₹4.7 L/yr - ₹12.5 L/yr

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₹3.3 L/yr - ₹4.5 L/yr

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₹3.1 L/yr - ₹4.5 L/yr

arrow icon 13% less
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₹3.3 L/yr - ₹5.4 L/yr

arrow icon 4% more
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₹5 L/yr - ₹8.7 L/yr

arrow icon 63% more
Senior Branch Manager salary at Micro Finance ranges between ₹3.9 Lakhs to ₹4.4 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Micro Finance.

Latest annual salaries shared by Micro Finance Senior Branch Manager

9mo ago
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9 years exp.
11mo ago
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4 years exp.
1y ago
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8 years exp.
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6 years exp.

Experience wise Micro Finance Senior Branch Manager salaries

Last Updated: 7 Mar 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹3.9 L/yr
8 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹4.4 L/yr

Similar Designation salaries in Micro Finance

Branch Manager Salary
(22 salaries)
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₹2.02 L/yr - ₹4 L/yr
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₹2 L/yr - ₹3.5 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Area Manager Salary
(7 salaries)
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₹3.5 L/yr - ₹6.15 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
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₹1.7 L/yr - ₹3.4 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Branch Head Salary
(4 salaries)
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₹2.9 L/yr - ₹8.5 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.

read more

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.

read more

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.

read 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.

read more
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Micro Finance Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Micro Finance?
Senior Branch Manager salary at Micro Finance in India ranges between ₹3.9 Lakhs to ₹4.4 Lakhs for experience between 4 years to 9 years. According to our estimates it is 60% less than the average Senior Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Micro Finance India.
How does the salary of a Senior Branch Manager at Micro Finance India compare with the average salary range for this job?
The average salary of a Senior Branch Manager at Micro Finance is 60% less than the average salary of a Senior Branch Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Micro Finance to a Senior Branch Manager in India?
  • Equitas Small Finance Bank Senior Branch Manager Salary - ₹5.0 Lakhs to ₹15.5 Lakhs per year
  • Jana Small Finance Bank Senior Branch Manager Salary - ₹4.7 Lakhs to ₹12.5 Lakhs per year
  • Manappuram Finance Senior Branch Manager Salary - ₹4.7 Lakhs to ₹9.6 Lakhs per year
  • Bajaj Finance Senior Branch Manager Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
  • Muthoot Finance Senior Branch Manager Salary - ₹6.6 Lakhs to ₹10.5 Lakhs per year
What is the salary of a Senior Branch Manager in companies similar to Micro Finance in India?
  • Cholamandalam Investment & Finance Senior Branch Manager Salary - ₹5.0 Lakhs to ₹8.7 Lakhs per year
  • Svatantra Microfin Senior Branch Manager Salary - ₹3.3 Lakhs to ₹5.4 Lakhs per year
  • Spandana Sphoorty Financial Senior Branch Manager Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
  • Satin Creditcare Network Senior Branch Manager Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Senior Branch Manager at Micro Finance in India?
The estimated take-home salary of a Senior Branch Manager at Micro Finance ranges between ₹31,238 per month to ₹32,534 per month in India. The take-home salary calculation is based on the average Micro Finance Senior Branch Manager salary in India which ranges between ₹3.9 Lakhs to ₹4.4 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Senior Branch Manager at Micro Finance?
According to AmbitionBox, 67% of the Micro Finance Senior Branch Managers reported a notice period of 2 Months, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Micro Finance Senior Branch Manager salary in India ranges between ₹3.9 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Micro Finance latest salaries received from various employees of Micro Finance.