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Svasti Microfinance Assistant Manager salaries in Mumbai

Annual salary range
1 - 6 years exp.
₹3.2 Lakhs - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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57% less than the average Assistant Manager Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Assistant Manager Salary
1 - 6 years exp. (3 salaries)
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₹3.5 L/yr - ₹4.2 L/yr

Human Resources
Assistant Manager Salary
4 - 6 years exp. (3 salaries)
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₹3.2 L/yr - ₹3.9 L/yr

Sales & Business Development
Assistant Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Last Updated: 22 Oct 2024

Companies similar to Svasti Microfinance for Assistant Manager in Mumbai

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Svasti Microfinance Assistant Manager Salary

1 - 6 years exp. (7 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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State Street Syntel Assistant Manager Salary

3 - 14 years exp. (21 salaries)

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₹5.5 L/yr - ₹9.7 L/yr

arrow icon 122% more
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Pamac Finserve Assistant Manager Salary

5 - 11 years exp. (10 salaries)

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₹3 L/yr - ₹8.4 L/yr

arrow icon 39% more
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TMF Group Assistant Manager Salary

5 - 9 years exp. (8 salaries)

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₹6 L/yr - ₹16 L/yr

arrow icon 270% more
1 job opening
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Way2wealth Brokers Assistant Manager Salary

4 - 14 years exp. (6 salaries)

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₹5 L/yr - ₹6 L/yr

arrow icon 54% more
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SMEcorner Assistant Manager Salary

3 - 8 years exp. (4 salaries)

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₹3.1 L/yr - ₹6.5 L/yr

arrow icon 38% more
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₹3 L/yr - ₹4.6 L/yr

arrow icon 19% more
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Travelex Assistant Manager Salary

5 - 20 years exp. (3 salaries)

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₹8 L/yr - ₹12 L/yr

arrow icon 171% more
Assistant Manager salary at Svasti Microfinance ranges between ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Svasti Microfinance.

Latest annual salaries shared by Svasti Microfinance Assistant Manager in Mumbai

5mo ago
₹4.5 Lakhs
4 years exp.
7mo ago
₹3.2 Lakhs
6 years exp.
8mo ago
₹3.5 Lakhs
1 year exp.
9mo ago
₹4.2 Lakhs
6 years exp.
1y ago
₹4.2 Lakhs
5 years exp.
1y ago
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5 years exp.
1y ago
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4 years exp.

Experience wise Svasti Microfinance Assistant Manager salaries in Mumbai

Last Updated: 22 Oct 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)

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

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₹3.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
View all

Similar Designation salaries in Svasti Microfinance

Branch Manager Salary
(6 salaries)
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₹2.4 L/yr - ₹3.75 L/yr
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₹1.4 L/yr - ₹2.59 L/yr
Deputy Manager Salary
(3 salaries)
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₹5.5 L/yr - ₹6.4 L/yr

Salary related reviews for Svasti Microfinance

Joint liayalbility group loan (Jlg) Department

4.0
  •  posted on 10 Feb 2022

2.0
 for  Salary and Benefits

Likes

...ndemic situation and finally I will going to see other companies because here I am facing timing issue and salary not much sufficient for me

read more
  • Skill development - Good
  • +2 more

Dislikes

In our company's i have some issue like salary and timing problem

  • Salary - Poor
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 20 Jan 2025

2.0
 for  Salary and Benefits

Likes

...class quality they don't know how to talk with a female employee or a new comer.salary are very low in compair with other microfinance Bank.

read more
  • Job security - Good

Dislikes

Everything.

  • Salary - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 26 Mar 2024

2.0
 for  Salary and Benefits

Likes

Some head office people are ok with there simplicity and appraisal are there

  • Job security - Good

Dislikes

Office timing is not good for womens also night 2 clock te are not understanding staff appraisal are there but salary was too much small in big position also

read more
  • Salary - Poor
  • +1 more

Full Time

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Customer Success, Service & Operations Department

5.0
  •  posted on 05 Oct 2024

5.0
 for  Salary and Benefits

Likes

1. Meaningful work: Contributing to financial inclusion and empowering underserved communities. 2. Collaborative culture: Supportive team environment and open communication. 3. Professional growth: Opportunities for skill development and career advancement. 4. Social impact: Seeing tangible positive change in customers' lives. 5. Innovative approach: Embracing technology for efficient and accessible financial services.

read more
  • Salary - Excellent
  • +6 more

Dislikes

1. High stress levels: Meeting targets and handling customer defaults. 2. Long working hours: Extended workdays, especially during peak periods. 3. Limited resources: Constraints on technology, infrastructure, or personnel. 4. Bureaucratic processes: Slow decision-making or administrative hurdles. 5. Fieldwork challenges: Traveling to rural areas, handling logistics.

read more

Full Time

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Other Department

1.0
  •  posted on 07 Dec 2024

2.0
 for  Salary and Benefits

Dislikes

First of all, identify and remove the politicians sitting in the branch so that a person can work without stress. And the higher officials should visit from time to time so that they can know what is going on in the branches of the state. Question the people who are in high positions at the state level and target them as well, otherwise the environment of the branch will never improve.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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Svasti Microfinance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Svasti Microfinance in Mumbai?
The average salary of a Assistant Manager at Svasti Microfinance in Mumbai typically ranges from ₹3.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Assistant Manager in Mumbai at Svasti Microfinance earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Assistant Manager Salaries at Svasti 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 7 Svasti Microfinance employees in India.
What is the estimated take home salary of a Assistant Manager at Svasti Microfinance in Mumbai?
The estimated take-home salary of a Assistant Manager at Svasti Microfinance in Mumbai typically ranges from ₹26,060 to ₹27,483 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 7 salaries received from various employees of Svasti Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Svasti Microfinance for Assistant Manager in India?
TMF Group ₹6.0 Lakhs to ₹16.0 Lakhs per year
Travelex ₹8.0 Lakhs to ₹12.0 Lakhs per year
State Street Syntel ₹5.5 Lakhs to ₹9.7 Lakhs per year
Way2wealth Brokers ₹5.0 Lakhs to ₹6.0 Lakhs per year
Pamac Finserve ₹3.0 Lakhs to ₹8.4 Lakhs per year

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

SMEcorner ₹3.1 Lakhs to ₹6.5 Lakhs per year
Destimoney Securities ₹3.0 Lakhs to ₹4.6 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 Assistant Manager at Svasti Microfinance in Mumbai?
The salary growth for a Assistant Manager at Svasti Microfinance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Svasti Microfinance:

Experience Average Salary Range
1 year ₹3.1 Lakhs to ₹3.9 Lakhs per year
2 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
3 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

Svasti Microfinance Assistant Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Svasti Microfinance latest salaries received from various employees of Svasti Microfinance.