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3.8

based on 814 Reviews

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Spandana Sphoorty Financial Microfinance salaries in India

Annual salary range
0 - 6 years exp.
₹1.5 Lakh - ₹2.2 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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27% less than the average Microfinance Salary in NBFC Companies for 0 - 6 years of experience

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Last Updated: 24 Nov 2024

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SMFG India Credit Microfinance Salary

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Muthoot Fincorp Microfinance Salary

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Microfinance salary at Spandana Sphoorty Financial ranges between ₹1.5 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Spandana Sphoorty Financial.

Latest annual salaries shared by Spandana Sphoorty Financial Microfinance

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Experience wise Spandana Sphoorty Financial Microfinance salaries

Last Updated: 24 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.5 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)

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₹0.7 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.2 L/yr
View all

Top skills at Spandana Sphoorty Financial for Microfinance

Collections Microfinance Sales

Salary related reviews for Spandana Sphoorty Financial

3.3

Rated by 4 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 30 Sep 2024

1.0
 for  Salary and Benefits

Likes

Only Job security. Bad projects and no future prospects after working here, so they are looking for manual workers.

Dislikes

No hike, politics, unprofessional behaviour, difficult getting leaves, expected to stay late and work after officr hours

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 Sep 2024

1.0
 for  Salary and Benefits

Likes

Little bit of job security as people with good knowledge and work ex leave after seeing the condition of work. They need people to stay to get the work done.

read more

Dislikes

Primitive technology, no interest to adapt new technologies, terrible salary hike, management is only money & power hungry. Overworked people. They only take people who are desperate for jobs and make them work 24*7

read more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am proud to feel worked on spandana

Dislikes

I worked in spandana 5.8 years but my salary with variable 3.2 lak per anum in my side give small suggestion for management please think about old employees for salaries hike so many employees completed in spandana 4 or 5 years but salaries 3 to 3.5 lak per anum they didn't get any holes and pramotion for that senior employees in freshers giving 3 laks above in that freshers don't have any experience but giving salaries 3 lakhs above what is the difference about experienced employees and freshers both are getting same salaries I am requesting think about senior employees

read more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 01 Dec 2022

3.0
 for  Salary and Benefits

Likes

Worst Culture in any organisation I ever seen, focusing only deduction and cost cuttings, No Management, shift timing is pathetic, Higher Authority just putting pressure so that employee can give the resignation, don't count your efforts. Head Office member not supportive at all. 13 years of experience to join this organisation was my biggest mistake.

read more

Dislikes

Work Life Balance Salary Deduction without information Management Shift timing Politics in organisation Worst Boss

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Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 07 Apr 2023

2.0
 for  Salary and Benefits

Likes

Nothing good in the company after PADAMAJA REDDY Quit

Dislikes

Become worst after change of management from PADMAJA REDDY MADAM Salary was reduced only for CA's from 25k to 18k NO extra TA giving in that No dining allowance They just continously putting pressure on employees to achieve uneven targets WORST WORST WORST Working hours No work life balance in this company there only WORK NO LIFE NOTHING Even you should work on Sundays also Employees should start working from 6am to night 10pm even more sometimes Employees not getting enough pay for their work Spandana without PADMAJA REDDY MADAM is like he'll No employees security nothing They just seeking their profits Every Employee in the company watched how they removed MADAM from the company

read more
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Spandana Sphoorty Financial Microfinance Salary FAQs

What is the salary of Microfinance at Spandana Sphoorty Financial?
Microfinance salary at Spandana Sphoorty Financial in India ranges between ₹1.5 Lakhs to ₹2.2 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 27% less than the average Microfinance Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Spandana Sphoorty Financial India.
How does the salary of a Microfinance at Spandana Sphoorty Financial India compare with the average salary range for this job?
The average salary of a Microfinance at Spandana Sphoorty Financial is 27% less than the average salary of a Microfinance in India. To know exact salary insights, login to view.
What are the top skills required to work as a Microfinance at Spandana Sphoorty Financial?
Collections, Microfinance and Sales are some of the popular skills required to work as a Microfinance at Spandana Sphoorty Financial India.
Which similar companies are paying more than Spandana Sphoorty Financial to a Microfinance in India?
  • IDFC FIRST Bharat Microfinance Salary - ₹14.4 Lakhs to ₹23.2 Lakhs per year
  • Equitas Small Finance Bank Microfinance Salary - ₹2.4 Lakhs to ₹16.9 Lakhs per year
  • Annapurna Finance Microfinance Salary - ₹2.8 Lakhs to ₹7.1 Lakhs per year
  • Bharat Financial Inclusion Microfinance Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
  • ESAF Small Finance Bank Microfinance Salary - ₹0.6 Lakhs to ₹5.6 Lakhs per year
What is the salary of a Microfinance in companies similar to Spandana Sphoorty Financial in India?
  • SMFG India Credit Microfinance Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year
  • Satin Creditcare Network Microfinance Salary - ₹1.7 Lakhs to ₹3.0 Lakhs per year
  • Ujjivan Small Finance Bank Microfinance Salary - ₹1.6 Lakhs to ₹3.0 Lakhs per year
  • CreditAccess Grameen Microfinance Salary - ₹1.4 Lakhs to ₹2.8 Lakhs per year
  • L&T Finance Microfinance Salary - ₹1.5 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Microfinance at Spandana Sphoorty Financial in India?
The estimated take-home salary of a Microfinance at Spandana Sphoorty Financial ranges between ₹13,423 per month to ₹14,854 per month in India. The take-home salary calculation is based on the average Spandana Sphoorty Financial Microfinance salary in India which ranges between ₹1.5 Lakhs to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Microfinance at Spandana Sphoorty Financial?
According to AmbitionBox, 75% of the Spandana Sphoorty Financial Microfinances reported a notice period of 2 Months, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Spandana Sphoorty Financial Microfinance salary in India ranges between ₹1.5 Lakh to ₹2.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.