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Shikhar Microfinance Area Manager salaries in India

Annual salary range
7 - 12 years exp.
₹3.3 Lakhs - ₹4.3 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 Area Manager Salary in NBFC Companies for 7 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.1 L/yr

Finance & Accounting
Area Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.8 L/yr

Sales & Business Development
Area Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Last Updated: 23 Nov 2024

Companies similar to Shikhar Microfinance for Area Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Area Manager Salary

5 - 16 years exp. (231 salaries)

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₹5.2 L/yr - ₹16.5 L/yr

arrow icon 153% more
233 job openings
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HDB Financial Services Area Manager Salary

7 - 17 years exp. (219 salaries)

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₹6 L/yr - ₹15.3 L/yr

arrow icon 170% more
6 job openings
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Bajaj Housing Finance Area Manager Salary

6 - 14 years exp. (114 salaries)

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₹5.8 L/yr - ₹17.8 L/yr

arrow icon 243% more
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SMFG India Credit Area Manager Salary

10 - 18 years exp. (10 salaries)

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₹9.1 L/yr - ₹16.9 L/yr

arrow icon 199% more
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Hero FinCorp Area Manager Salary

1 - 9 years exp. (8 salaries)

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₹10.3 L/yr - ₹14 L/yr

arrow icon 200% more
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₹6.3 L/yr - ₹16.5 L/yr

arrow icon 190% more
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Paisalo Digital Area Manager Salary

9 - 15 years exp. (5 salaries)

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₹2.4 L/yr - ₹7.5 L/yr

arrow icon 25% more
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Poonawalla Finance Area Manager Salary

5 - 14 years exp. (5 salaries)

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₹9 L/yr - ₹13 L/yr

arrow icon 166% more
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Bell Finvest Area Manager Salary

6 - 14 years exp. (4 salaries)

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₹3.7 L/yr - ₹5 L/yr

arrow icon 23% more
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Hinduja Finance Area Manager Salary

3 - 5 years exp. (3 salaries)

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₹3.5 L/yr - ₹6 L/yr

arrow icon 24% more
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Rattanindia Finance Area Manager Salary

2 - 8 years exp. (3 salaries)

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₹4.5 L/yr - ₹6.5 L/yr

arrow icon 34% more
Area Manager salary at Shikhar Microfinance ranges between ₹3.3 Lakhs to ₹4.3 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Shikhar Microfinance.

Latest annual salaries shared by Shikhar Microfinance Area Manager

2mo ago
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12 years exp.
3mo ago
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10 years exp.
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9 years exp.
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9 years exp.
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7 years exp.

Experience wise Shikhar Microfinance Area Manager salaries

Last Updated: 23 Nov 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4 L/yr
10 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Shikhar Microfinance

Sales Manager Salary
(3 salaries)
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₹3.5 L/yr - ₹4.3 L/yr
Branch Manager Salary
(5 salaries)
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₹1.8 L/yr - ₹3.1 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

Salary related reviews for Shikhar Microfinance

5.0

Rated by 2 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 31 Jan 2020

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.. work environment is too good.

  • Skill development - Good
  • +5 more

Dislikes

Compensation is not good.. Incentive is bad.. Company do not pay Incentive at time. Travel claim is not on time.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 11 Sep 2023

5.0
 for  Salary and Benefits

Likes

There are many benefits of working in Shikhar. The first advantage is that Shikhar is a family and secondly the seniors here help each other and take them forward.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Shikhar Company is a best company, there is no such problem in it which may cause problem in our work and we do not like it, there is nothing like that.

read more
see more salary related reviews

Shikhar Microfinance Area Manager Salary FAQs

What is the salary of Area Manager at Shikhar Microfinance ?
The average salary of a Area Manager at Shikhar Microfinance in India typically ranges from ₹3.3 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Area Manager at Shikhar Microfinance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Area Manager Salaries at Shikhar Microfinance 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 Shikhar Microfinance employees in India.
What is the estimated take home salary of a Area Manager at Shikhar Microfinance in India?
The estimated take-home salary of a Area Manager at Shikhar Microfinance in India typically ranges from ₹28,487 to ₹29,874 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 7 years to 12 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 Shikhar Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Shikhar Microfinance for Area Manager in India?
Bajaj Housing Finance ₹5.8 Lakhs to ₹17.8 Lakhs per year
Hero FinCorp ₹10.3 Lakhs to ₹14.0 Lakhs per year
SMFG India Credit ₹9.1 Lakhs to ₹16.9 Lakhs per year
Anand Rathi Global Finance ₹6.3 Lakhs to ₹16.5 Lakhs per year
HDB Financial Services ₹6.0 Lakhs to ₹15.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shikhar Microfinance, depending on the role and experience level.
What is the salary of a Area Manager in companies similar to Shikhar Microfinance in India?
The salary of a Area Manager at companies similar to Shikhar Microfinance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Poonawalla Finance ₹9.0 Lakhs to ₹13.0 Lakhs per year
Bajaj Finance ₹5.2 Lakhs to ₹16.5 Lakhs per year
Rattanindia Finance ₹4.5 Lakhs to ₹6.5 Lakhs per year
Paisalo Digital ₹2.4 Lakhs to ₹7.5 Lakhs per year
Hinduja Finance ₹3.5 Lakhs to ₹6.0 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 Area Manager at Shikhar Microfinance in India?
The salary growth for a Area Manager at Shikhar Microfinance depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Shikhar Microfinance:

Experience Average Salary Range
7 years ₹1.5 Lakhs to ₹4.1 Lakhs per year
8 years ₹3.5 Lakhs to ₹4.4 Lakhs per year
9 years ₹3.6 Lakhs to ₹4.0 Lakhs per year
10 years ₹3.3 Lakhs to ₹7.0 Lakhs per year
and so on.

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Shikhar Microfinance Area Manager salary in India ranges between ₹3.3 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Shikhar Microfinance latest salaries received from various employees of Shikhar Microfinance.