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3.9

based on 276 Reviews

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Protium Finance Disbursement Officer salaries in Mumbai

Annual salary range
2 - 5 years exp.
₹3 Lakhs - ₹4.2 Lakhs
Salary of majority employees
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33% more than the average Disbursement Officer Salary in Financial Services Companies for 2 - 5 years of experience

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Salaries in different departments

Finance & Accounting
Disbursement Officer Salary
2 - 5 years exp. (3 salaries)
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₹3 L/yr - ₹4.2 L/yr

Customer Success, Service & Operations
Disbursement Officer Salary
5 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹3.6 L/yr

Last Updated: 15 Jul 2024

Companies similar to Protium Finance for Disbursement Officer in Mumbai

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Protium Finance Disbursement Officer Salary

2 - 5 years exp. (4 salaries)

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₹3 L/yr - ₹4.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Aavas Financiers Disbursement Officer Salary

0 - 4 years exp. (12 salaries)

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₹1.6 L/yr - ₹3.1 L/yr

arrow icon 34% less
4 job openings
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₹2.8 L/yr - ₹3.8 L/yr

arrow icon 2% less
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₹2.3 L/yr - ₹3.3 L/yr

arrow icon 21% less
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HDFC Sales Disbursement Officer Salary

2 - 5 years exp. (7 salaries)

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₹2.3 L/yr - ₹3.4 L/yr

arrow icon 14% less
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SMEcorner Disbursement Officer Salary

2 - 6 years exp. (6 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 16% less
Disbursement Officer salary at Protium Finance ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Protium Finance.

Latest annual salaries shared by Protium Finance Disbursement Officer in Mumbai

6mo ago
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5 years exp.
7mo ago
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5 years exp.
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3 years exp.
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Experience wise Protium Finance Disbursement Officer salaries in Mumbai

Last Updated: 15 Jul 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.3 L/yr
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.5 L/yr

Similar Designation salaries in Protium Finance

Deputy Manager Salary
(13 salaries)
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₹3.07 L/yr - ₹6.5 L/yr
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₹3 L/yr - ₹3.5 L/yr
Sales Manager Salary
(3 salaries)
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₹4.9 L/yr - ₹6.07 L/yr

Salary related reviews for Protium Finance

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 17 Aug 2024

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...d harassment from his manager thn after he treated very bad to give resignation. He jobless for 2 month and salary got only 12k after proper completing notice period also. Dont go for ths company. Otherwise you also suffer same.

read more
  • Salary - Bad
    +6 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 12 Dec 2024

1.0
 for  Salary and Benefits

Likes

Nothing much

Dislikes

... getting any appraisal, work life balance is a joke in the company and lays off.employees not only in sales but also in all departments if they want cost cutting and no human touch in this company culture. 0.5/5 rating.

read more
  • Salary - Bad
    +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 22 Dec 2023

5.0
 for  Salary and Benefits

Likes

They offer good salary and office infrastructure is also good.

  • Salary - Excellent

Dislikes

Job Security is always at stake in Protium. They lay off twice every year along with small layoffs at any given time of year without any strong reason. Even the people holding highest designation micro manage things.

read more
  • Skill development - Bad
    +5 more

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 31 Dec 2024

1.0
 for  Salary and Benefits

Likes

I don't have any positive comments. I have only bad comments. I am suggesting please no one go to protium.

Dislikes

Working at Protium has been a challenging experience. The company lacks proper work-life balance as promised policies like alternate Saturday offs are not implemented, and leave requests, even for personal or festival occasions, are often denied. The management uses inappropriate language and exerts undue pressure on employees, creating a stressful and toxic environment. Promotions and appraisals seem biased, favoring those who conform rather than recognizing genuine hard work. Additionally, customers face issues like high-interest rates, exorbitant processing fees, and unnecessary insurance charges, which damage trust and the company's reputation. Employees here are expected to sacrifice personal life entirely, which is unsustainable. Protium must prioritize employee well-being, fairness, and customer satisfaction to improve its work culture and credibility.

read more
  • Salary - Bad
    +6 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 05 Nov 2024

3.0
 for  Salary and Benefits

Likes

Good bonus and increments for performers or favorites

  • Promotions - Good

Dislikes

High rate of interest. Tough credit policies and bad culture in direct channel. favoritism during appraisals...Senior management have lot of attitude and ego...use foul language...ready to compromise on work ethics for business...HR is useless ..never help in recruitment. No one follow branch timing

read more
  • Skill development - Bad
    +1 more
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Protium Finance Disbursement Officer Salary FAQs

What is the salary of Disbursement Officer at Protium Finance Mumbai?
Disbursement Officer salary at Protium Finance in Mumbai ranges between ₹3.0 Lakhs to ₹4.2 Lakhs for experience between 2 years to 5 years. According to our estimates it is 33% more than the average Disbursement Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Protium Finance Mumbai.
How does the salary of a Disbursement Officer at Protium Finance Mumbai compare with the average salary range for this job?
The average salary of a Disbursement Officer at Protium Finance is 33% more than the average salary of a Disbursement Officer in Mumbai. To know exact salary insights, login to view.
What is the salary of a Disbursement Officer in companies similar to Protium Finance in Mumbai?
  • Digikredit Finance Disbursement Officer Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year
  • HDFC Sales Disbursement Officer Salary - ₹2.3 Lakhs to ₹3.4 Lakhs per year
  • SMEcorner Disbursement Officer Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
  • Shubham Housing Development Finance Disbursement Officer Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
  • Aavas Financiers Disbursement Officer Salary - ₹1.6 Lakhs to ₹3.1 Lakhs per year
What is the estimated take home salary of a Disbursement Officer at Protium Finance in Mumbai?
The estimated take-home salary of a Disbursement Officer at Protium Finance ranges between ₹25,473 per month to ₹26,904 per month in Mumbai. The take-home salary calculation is based on the average Protium Finance Disbursement Officer salary in India which ranges between ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Disbursement Officer at Protium Finance in Mumbai?
According to AmbitionBox, 50% of the Protium Finance Disbursement Officers in Mumbai reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Protium Finance Disbursement Officer salary in Mumbai ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Protium Finance latest salaries received from various employees of Protium Finance.