Shikhar Microfinance Associate Manager Salaries by 4 Employees (Updated 2024)

3 - 6 years exp.

₹3.5 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

77% less than the average Associate Manager Salary in NBFC Companies for 3 - 6 years of experience

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Salaries in different departments

Human Resources Associate Manager Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Customer Success, Service & Operations Associate Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 15 Mar 2023

Companies similar to Shikhar Microfinance for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Bandhan Bank Associate Manager Salary 0 - 4 years exp. (7 salaries)	₹3.4 L/yr - ₹5 L/yr 12% more
Equitas Small Finance Bank Associate Manager Salary 0 - 11 years exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr 2% less
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Satin Creditcare Network Associate Manager Salary 4 - 6 years exp. (4 salaries)	₹2.6 L/yr - ₹13.3 L/yr 84% more
Utkarsh Small Finance Bank Associate Manager Salary 2 - 9 years exp. (4 salaries)	₹3.1 L/yr - ₹4.1 L/yr 2% more
Bajaj Finance Associate Manager Salary 1 - 6 years exp. (6 salaries)	₹2.7 L/yr - ₹6 L/yr 45% more
Home Credit Finance Associate Manager Salary 4 - 19 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr 185% more
HDB Financial Services Associate Manager Salary 4 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹4 L/yr 9% more
BA Continuum Associate Manager Salary 7 - 15 years exp. (3 salaries)	₹13 L/yr - ₹28 L/yr 477% more

Associate Manager salary at Shikhar Microfinance ranges between ₹3.5 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Shikhar Microfinance.

Experience wise Shikhar Microfinance Associate Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in Shikhar Microfinance

Team Lead Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for Shikhar Microfinance

3.0

Rated by 1 employees for salary & benefits

Branch Manager in Najibabad

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.

Dislikes

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

Branch Manager in New Delhi

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.

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.

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Salary Discussions, Hike & Promotions

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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Shikhar Microfinance Associate Manager Salary FAQs

What is the salary of Associate Manager at Shikhar Microfinance?

Associate Manager salary at Shikhar Microfinance in India ranges between ₹3.5 Lakhs to ₹3.6 Lakhs for experience between 3 years to 6 years. According to our estimates it is 77% less than the average Associate Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shikhar Microfinance India.

How does the salary of a Associate Manager at Shikhar Microfinance India compare with the average salary range for this job?

The average salary of a Associate Manager at Shikhar Microfinance is 77% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shikhar Microfinance to a Associate Manager in India?

BA Continuum Associate Manager Salary - ₹13.0 Lakhs to ₹28.0 Lakhs per year
Home Credit Finance Associate Manager Salary - ₹7.0 Lakhs to ₹13.0 Lakhs per year
Satin Creditcare Network Associate Manager Salary - ₹2.6 Lakhs to ₹13.3 Lakhs per year
Bajaj Finance Associate Manager Salary - ₹2.7 Lakhs to ₹6.0 Lakhs per year
Bandhan Bank Associate Manager Salary - ₹3.4 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Associate Manager in companies similar to Shikhar Microfinance in India?

HDB Financial Services Associate Manager Salary - ₹3.8 Lakhs to ₹4.0 Lakhs per year
Utkarsh Small Finance Bank Associate Manager Salary - ₹3.1 Lakhs to ₹4.1 Lakhs per year
Equitas Small Finance Bank Associate Manager Salary - ₹3.0 Lakhs to ₹4.3 Lakhs per year

What is the estimated take home salary of a Associate Manager at Shikhar Microfinance in India?

The estimated take-home salary of a Associate Manager at Shikhar Microfinance ranges between ₹25,715 per month to ₹27,143 per month in India. The take-home salary calculation is based on the average Shikhar Microfinance Associate Manager salary in India which ranges between ₹3.5 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

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Shikhar Microfinance Associate Manager Salaries

Shikhar Microfinance Associate Manager salary in India ranges between ₹3.5 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shikhar Microfinance latest salaries received from various employees of Shikhar Microfinance.

Shikhar Microfinance Associate Manager salaries in India