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Micro Finance

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3.7

based on 61 Reviews

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Micro Finance Salaries in India

based on 406 latest salaries
Explore Salaries by Departments
Finance & Accounting BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs

Accounts Associate

0 - 2 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.7 L/yr

Relationship Executive

0 - 3 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.5 L/yr

Sales Officer

3 - 4 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

Banking Officer

Fresher (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

Collection Officer

1 - 6 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹10 L/yr

Branch Manager 1

8 - 9 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Chief Human Resource Manager

16 - 17 years exp. (AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr

Customer Care Team Lead

1 - 3 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

HR Manager 1

2 - 4 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Micro Finance Officer

3 - 4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.7 L/yr

Relationship Officer Incharge

2 - 3 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.7 L/yr

Sales Representative and Distributor

3 - 4 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

Accountant Cashier

1 - 4 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Area Development Manager

5 - 6 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

Business Development Executive

9 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.7 L/yr

Internal Auditor

Fresher (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

Team Manager

10 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

Field Development Officer

1 year exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

KYC Analyst

3 years exp. (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr

Field Service Engineer

2 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

Last Updated: 17 Dec, 2024

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2w
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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Salary related reviews for Micro Finance

3.5

Rated by 61 employees for salary & benefits

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.

read 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.

read more

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.

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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More about working at Micro Finance

Micro Finance Salary FAQs

How much does Micro Finance pay per year?
The average Micro Finance salary ranges from approximately ₹1.2 Lakh to ₹2.5 Lakhs per year for a Executive Accountant and ₹3.5 Lakhs to ₹6.2 Lakhs per year for a Area Manager. Salary estimates are based on 406 Micro Finance salaries received from various employees of Micro Finance. Micro Finance employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in Micro Finance?
The highest-paying job at Micro Finance is a Area Manager with a salary of ₹3.5 Lakhs to ₹6.2 Lakhs per year. The top 10% of employees earn more than ₹4.86 lakhs per year. The top 1% earn more than a whopping ₹30.12 lakhs per year.
What is the minimum salary in Micro Finance?
Minimum salary at Micro Finance depends on the role you are applying for. For Collections Executive the minimum salary is ₹1.2 Lakh to ₹2.4 Lakhs per year, and for Field Officer the minimum salary is ₹1 Lakh to ₹2 Lakhs per year and so on.

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Micro Finance Salaries by Location

Micro Finance Salaries by Department

Average annual salary in Micro Finance is INRunlock blur . Salary estimates are based on 406 Micro Finance latest salaries received from various employees of Micro Finance.

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