Svatantra Microfin Risk Manager Salaries by 10+ Employees (Updated 2025)

1 - 5 years exp.

₹2.2 Lakhs - ₹5.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

73% less than the average Risk Manager Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

Finance & Accounting Risk Manager Salary 1 - 4 years exp. (7 salaries)	₹2.2 L/yr - ₹5.3 L/yr
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Risk Management & Compliance Risk Manager Salary 3 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr

Last Updated: 5 Mar 2025

Companies similar to Svatantra Microfin for Risk Manager

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Risk Manager Salary 3 - 11 years exp. (34 salaries)	₹2.4 L/yr - ₹5.1 L/yr 9% more
Home Credit Finance Risk Manager Salary 1 - 7 years exp. (21 salaries)	₹1.8 L/yr - ₹6.5 L/yr 13% less
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Bajaj Housing Finance Risk Manager Salary 1 - 8 years exp. (21 salaries)	₹5.6 L/yr - ₹17.7 L/yr 253% more
Aditya Birla Finance Risk Manager Salary 1 - 8 years exp. (10 salaries)	₹7.4 L/yr - ₹10.6 L/yr 203% more
Tata Capital Risk Manager Salary 0 - 4 years exp. (7 salaries)	₹7 L/yr - ₹13 L/yr 157% more
Piramal Capital Housing Finance Risk Manager Salary 1 - 13 years exp. (7 salaries)	₹10 L/yr - ₹20 L/yr 378% more
Poonawalla Fincorp Risk Manager Salary 1 - 18 years exp. (7 salaries)	₹4.7 L/yr - ₹13.5 L/yr 164% more
Annapurna Finance Risk Manager Salary 2 - 6 years exp. (6 salaries)	₹5 L/yr - ₹19 L/yr 245% more
Aavas Financiers Risk Manager Salary 4 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹8.4 L/yr 33% more
Hero FinCorp Risk Manager Salary 7 - 12 years exp. (3 salaries)	₹12 L/yr - ₹15.8 L/yr 313% more
Fusion Microfinance Risk Manager Salary 3 - 13 years exp. (3 salaries)	₹7 L/yr - ₹13 L/yr 190% more
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Aye Finance Risk Manager Salary 3 - 6 years exp. (3 salaries)	₹15 L/yr - ₹22 L/yr 460% more
Mahindra Rural Housing Finance Risk Manager Salary 7 - 12 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 199% more
Chaitanya India Fin Credit Risk Manager Salary 1 - 5 years exp. (3 salaries)	₹8.2 L/yr - ₹10 L/yr 165% more
Tata Motors Finance Risk Manager Salary 5 - 11 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr 161% more

Risk Manager salary at Svatantra Microfin ranges between ₹2.2 Lakhs to ₹5.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 11 latest salaries received from various employees of Svatantra Microfin.

Experience wise Svatantra Microfin Risk Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
2 years (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr
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3 years (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr

Similar Designation salaries in Svatantra Microfin

Audit Manager Salary

(3 salaries)

₹2.05 L/yr - ₹2.1 L/yr

Finance Manager Salary

(8 salaries)

₹2 L/yr - ₹3.1 L/yr

Branch Manager Salary

(95 salaries)

₹2.1 L/yr - ₹6 L/yr

Deputy Manager Salary

(12 salaries)

₹8.65 L/yr - ₹15.7 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Accountant Salary

(4 salaries)

₹2.6 L/yr - ₹6.5 L/yr

Senior Auditor Salary

(3 salaries)

₹3.2 L/yr - ₹3.8 L/yr

Auditor Salary

(12 salaries)

₹2 L/yr - ₹3.4 L/yr

Senior Associate Salary

(3 salaries)

₹3 L/yr - ₹7 L/yr

Audit Associate Salary

(3 salaries)

₹3.05 L/yr - ₹3.16 L/yr

Top skills at Svatantra Microfin for Risk Manager

GAP Analysis Report Generation Risk Management Compliance Due Diligence Auditing Risk Assessment Team Management Risk Management Due Diligence Team Handling Internal Audit Audit Compliance Team Training Auditing

Salary related reviews for Svatantra Microfin

3.3

Rated by 4 employees for salary & benefits

Branch Manager in Nanded

Full Time

Finance & Accounting Department

5.0

• posted on 07 Oct 2023

5.0

for Salary and Benefits

Likes

...pvt Ltd is best industry in India all Staff Sefty salution Education Relative... Help Staff Advance Salary Benifits Thank you for Svatantra

Salary - Excellent

+6 more

Dislikes

Svatantra Microfin pvt Ltd Is best industry In all But Management Team political issues No any Respect Field work Staff

Data Entry Operator in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 14 Dec 2021

4.0

for Salary and Benefits

Likes

...agement is transparent.There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management dose not address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners.

Regional Mediclaim Coordinator in Mumbai

CSR & Social Service Department

4.0

• posted on 03 Jun 2022

5.0

for Salary and Benefits

Likes

Compensation and Job security is one among the best for my designation. I'm also able to manage a good work life balance.

Salary - Excellent

+5 more

Dislikes

Career Growth and Opportunities is not upto the mark as far as my designation is concerned. Being a Social Work Graduate, the experience that I'm having in my current position is not considered as valid for most of the Social work professions

Area Operation Manager in Bikaner

Finance Department

4.0

• posted on 10 Aug 2021

3.0

for Salary and Benefits

Likes

I'm so lucky & thankful to part of this company. There is a Great working culture ever I have seen, excellent & supportive management, lots of learning ways & platform, values which will definitely change the society & create more woman empowerment.

Skill development - Excellent

+5 more

Dislikes

Everything is fine but salary is little bit low as compare to your work responsibility & as compare to other institution.

Branche Operation Manager in Mumbai

Branch Operations Department

5.0

• posted on 10 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

see more salary related reviews

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What people are saying about Svatantra Microfin

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devildboss

works at

Chaitanya India Fin Credit

Should I Continue in this Type of Company

i Currently Working in Company Name Called Chaitanya Indian fin Credit pvt ltd From Last 3.6 Years as Team Lead And Im Currently getting Paid of 2.7Lakhs Per Annam which is 23k Per Month Which is Below The Market Value And in 2025 Company is Getting Merged With Another Company called Svatantra should i Hold till it Get Merged ?

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Svatantra Microfin Risk Manager Salary FAQs

What is the salary of Risk Manager at Svatantra Microfin ?

The average salary of a Risk Manager at Svatantra Microfin in India typically ranges from ₹2.2 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Risk Manager at Svatantra Microfin earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Risk Manager Salaries at Svatantra Microfin 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 10+ Svatantra Microfin employees in India.

What is the estimated take home salary of a Risk Manager at Svatantra Microfin in India?

The estimated take-home salary of a Risk Manager at Svatantra Microfin in India typically ranges from ₹25,119 to ₹26,556 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 1 year to 5 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 10+ salaries received from various employees of Svatantra Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Risk Manager at Svatantra Microfin ?

To be a Risk Manager at Svatantra Microfin in india, the key skills required include:

- GAP Analysis
- Report Generation
- Risk Management
- Compliance
- Due Diligence

These skills are highly valued at Svatantra Microfin and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Svatantra Microfin for Risk Manager in India?

Aye Finance	₹15.0 Lakhs to ₹22.0 Lakhs per year
Piramal Capital Housing Finance	₹10.0 Lakhs to ₹20.0 Lakhs per year
Hero FinCorp	₹12.0 Lakhs to ₹15.8 Lakhs per year
Bajaj Housing Finance	₹5.6 Lakhs to ₹17.7 Lakhs per year
Annapurna Finance	₹5.0 Lakhs to ₹19.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Svatantra Microfin, depending on the role and experience level.

What is the salary of a Risk Manager in companies similar to Svatantra Microfin in India?

The salary of a Risk Manager at companies similar to Svatantra Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Finance	₹7.4 Lakhs to ₹10.6 Lakhs per year
Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹12.0 Lakhs per year
Fusion Microfinance	₹7.0 Lakhs to ₹13.0 Lakhs per year
Chaitanya India Fin Credit	₹8.2 Lakhs to ₹10.0 Lakhs per year
Poonawalla Fincorp	₹4.7 Lakhs to ₹13.5 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 Risk Manager at Svatantra Microfin in India?

The salary growth for a Risk Manager at Svatantra Microfin depends on factors such as experience, performance, and promotions. On average, a Risk Manager can expect the following growth trajectory at Svatantra Microfin:

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹3.7 Lakhs per year
2 years	₹3.2 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.5 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Svatantra Microfin Risk Manager Salaries

Svatantra Microfin Risk Manager salary in India ranges between ₹2.2 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Svatantra Microfin latest salaries received from various employees of Svatantra Microfin.