Midland Microfin Limited Senior Divisional Manager Salaries by 5 Employees

10 - 13 years exp.

₹8.8 Lakhs - ₹10.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

44% less than the average Senior Divisional Manager Salary in NBFC Companies for 10 - 13 years of experience

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Salaries in different departments

Sales & Business Development Senior Divisional Manager Salary 11 - 13 years exp. (4 salaries)	₹9.5 L/yr - ₹10.5 L/yr
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BFSI, Investments & Trading Senior Divisional Manager Salary 10 years exp. (AmbitionBox Estimate)	₹7.9 L/yr - ₹9.7 L/yr

Last Updated: 16 Mar 2023

Companies similar to Midland Microfin Limited for Senior Divisional Manager

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank Senior Divisional Manager Salary 8 - 17 years exp. (46 salaries)	₹7.4 L/yr - ₹17 L/yr 28% more
SBI Life Insurance Company Senior Divisional Manager Salary 14 - 25 years exp. (26 salaries)	₹15 L/yr - ₹28.8 L/yr 136% more
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Star Health & Allied Insurance Senior Divisional Manager Salary 6 - 20 years exp. (18 salaries)	₹5.9 L/yr - ₹13.4 L/yr 11% less
Cyient Senior Divisional Manager Salary 15 - 23 years exp. (16 salaries)	₹11.2 L/yr - ₹27 L/yr 136% more
Force Motors Senior Divisional Manager Salary 18 - 25 years exp. (15 salaries)	₹27 L/yr - ₹37 L/yr 249% more

Senior Divisional Manager salary at Midland Microfin Limited ranges between ₹8.8 Lakhs to ₹10.5 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Midland Microfin Limited.

Experience wise Midland Microfin Limited Senior Divisional Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹16 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.5 L/yr
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12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.3 L/yr
13 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹10.5 L/yr

Similar Designation salaries in Midland Microfin Limited

Regional Manager Salary

(5 salaries)

₹4 L/yr - ₹15 L/yr

Regional Credit Manager Salary

(5 salaries)

₹5 L/yr - ₹7.2 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Branch Manager Salary

(30 salaries)

₹1.95 L/yr - ₹5.23 L/yr

Area Manager Salary

(4 salaries)

₹3.75 L/yr - ₹5.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Cluster Manager Salary

(24 salaries)

₹3.5 L/yr - ₹6.53 L/yr

Deputy Manager Salary

(14 salaries)

₹5.15 L/yr - ₹11 L/yr

Regional Head Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Salary related reviews for Midland Microfin Limited

4.0

Rated by 1 employees for salary & benefits

HR Executive in Noida

Intern

Human Resources Department

5.0

• posted on 14 Jul 2024

4.0

for Salary and Benefits

Likes

Senior management is very helpful, company culture is good and lively, no discrimination among genders, equal opportunities for all, office timings are perfect,

Salary - Good

+6 more

Dislikes

Salary of HR’s are comparatively less than others.

Branch Credit And Risk Manager in Raikot

Other Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Assistant Manager Finance & Accounts in Jalandhar

Finance & Accounting Department

5.0

• posted on 09 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Three months notice period.

Fild Boy in Darbhanga

Banking Department

5.0

• posted on 02 Apr 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Software Developer in Jalandhar

Full Time

Other Department

1.0

• posted on 25 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like there

Dislikes

Everything, they just tricking their employees, too much micro management their, management doesn't know how to behave professionally, working in midland like working under a lala company where only leader and his chaatu employees are getting good growth.

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Midland Microfin Limited Senior Divisional Manager Salary FAQs

What is the salary of Senior Divisional Manager at Midland Microfin Limited ?

The average salary of a Senior Divisional Manager at Midland Microfin Limited in India typically ranges from ₹8.8 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Senior Divisional Manager at Midland Microfin Limited earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Senior Divisional Manager Salaries at Midland Microfin Limited 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 Midland Microfin Limited employees in India.

What is the estimated take home salary of a Senior Divisional Manager at Midland Microfin Limited in India?

The estimated take-home salary of a Senior Divisional Manager at Midland Microfin Limited in India typically ranges from ₹68,568 to ₹70,328 per month. This is based on the average salary range of ₹8.8 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 10 years to 13 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 Midland Microfin Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Midland Microfin Limited for Senior Divisional Manager in India?

Force Motors	₹27.0 Lakhs to ₹37.0 Lakhs per year
SBI Life Insurance Company	₹15.0 Lakhs to ₹28.8 Lakhs per year
Cyient	₹11.2 Lakhs to ₹27.0 Lakhs per year
AU Small Finance Bank	₹7.4 Lakhs to ₹17.0 Lakhs per year

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

What is the salary of a Senior Divisional Manager in companies similar to Midland Microfin Limited in India?

The salary of a Senior Divisional Manager at companies similar to Midland Microfin Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance

₹5.9 Lakhs to ₹13.4 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 Senior Divisional Manager at Midland Microfin Limited in India?

The salary growth for a Senior Divisional Manager at Midland Microfin Limited depends on factors such as experience, performance, and promotions. On average, a Senior Divisional Manager can expect the following growth trajectory at Midland Microfin Limited:

Experience	Average Salary Range
10 years	₹8.8 Lakhs to ₹16.0 Lakhs per year
11 years	₹3.7 Lakhs to ₹9.5 Lakhs per year
12 years	₹9.5 Lakhs to ₹17.3 Lakhs per year
13 years	₹9.5 Lakhs to ₹10.5 Lakhs per year

and so on.

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Midland Microfin Limited Senior Divisional Manager Salaries

Midland Microfin Limited Senior Divisional Manager salary in India ranges between ₹8.8 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Midland Microfin Limited latest salaries received from various employees of Midland Microfin Limited.