Health Insurance and BFSI

Microfinance Executive

Salary range₹1.8 – 3 LPA → ₹3 – 5 LPA Top hiring statesBihar, Uttar Pradesh, West Bengal Current openingsNo jobs found

1 Description of the job

A microfinance executive provides small loans to women's groups and rural entrepreneurs, forming groups, collecting repayments and promoting savings.

Form and train borrower groups
Process small loans and collections
Visit villages and maintain records

2 Skills required

Local-language communication Field work Basic maths & accounting Empathy Smartphone / app use Target orientation

3 Opportunities available in the market

Microfinance institutions and small-finance banks are major employers in rural India, notably in Bihar.

Microfinance institutions and small-finance banks
NBFC-MFIs and self-help-group programmes
NGOs and livelihoods missions

4 Salary range

Fresher (0–2 yrs)₹1.8 – 3 LPA≈ ₹15K – ₹25K / month

Mid-level (3–8 yrs)₹3 – 5 LPA≈ ₹25K – ₹42K / month

Senior / specialist₹5 – 9 LPA≈ ₹42K – ₹75K / month

Indicative only. These ranges are estimates compiled from general industry knowledge and public pay surveys, not audited figures. Actual pay depends on the employer, city, qualification, certifications and experience. Check current job listings before deciding.

5 Job openings — which states have more

#	State	Main hubs	Demand
1	Bihar Patna, Gaya, Muzaffarpur	Patna, Gaya, Muzaffarpur	High demand
2	Uttar Pradesh Lucknow, Kanpur, Varanasi	Lucknow, Kanpur, Varanasi	High demand
3	West Bengal Kolkata, Siliguri	Kolkata, Siliguri	High demand

Indicative ranking of where employers and training institutions in this field are concentrated — not an official count of vacancies. Check the National Career Service portal (ncs.gov.in) and the government job portal for current openings.

Government job portal: National Career Service (ncs.gov.in)

Current openings — BiharCareer

No jobs foundNo jobs are available for this role right now. Use the search links above or check back soon.

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