Fusion Microfinance Area Collection Manager Salaries by 5 Employees (Updated 2024)

5 - 8 years exp.

₹4.1 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

53% less than the average Area Collection Manager Salary in NBFC Companies for 5 - 8 years of experience

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Last Updated: 26 Oct 2024

Companies similar to Fusion Microfinance for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Area Collection Manager Salary 9 - 16 years exp. (31 salaries)	₹8.4 L/yr - ₹17 L/yr 209% more	1 job opening
Bharat Financial Inclusion Area Collection Manager Salary 2 - 18 years exp. (4 salaries)	₹1.8 L/yr - ₹12 L/yr 34% more
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Satin Creditcare Network Area Collection Manager Salary 6 - 11 years exp. (6 salaries)	₹3.6 L/yr - ₹4.2 L/yr 2% less
Equitas Small Finance Bank Area Collection Manager Salary 12 - 20 years exp. (17 salaries)	₹6.1 L/yr - ₹16.8 L/yr 144% more
Jana Small Finance Bank Area Collection Manager Salary 2 - 12 years exp. (281 salaries)	₹1 L/yr - ₹6.6 L/yr 12% less
CreditAccess Grameen Area Collection Manager Salary 6 - 14 years exp. (3 salaries)	₹2.1 L/yr - ₹6.3 L/yr 16% more
Bajaj Finance Area Collection Manager Salary 4 - 15 years exp. (223 salaries)	₹5.1 L/yr - ₹18 L/yr 140% more
Mahindra Finance Area Collection Manager Salary 7 - 18 years exp. (184 salaries)	₹3.2 L/yr - ₹11.5 L/yr 56% more	1 job opening
L&T Finance Area Collection Manager Salary 5 - 16 years exp. (160 salaries)	₹3.5 L/yr - ₹12 L/yr 85% more
HDB Financial Services Area Collection Manager Salary 9 - 19 years exp. (148 salaries)	₹6.4 L/yr - ₹17.4 L/yr 173% more	2 job openings
TVS Credit Area Collection Manager Salary 7 - 16 years exp. (96 salaries)	₹7.1 L/yr - ₹17.5 L/yr 187% more
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Tata Capital Area Collection Manager Salary 6 - 16 years exp. (36 salaries)	₹4.3 L/yr - ₹13.1 L/yr 127% more	9 job openings
Aditya Birla Finance Area Collection Manager Salary 10 - 18 years exp. (33 salaries)	₹9.8 L/yr - ₹18.2 L/yr 228% more
Aavas Financiers Area Collection Manager Salary 2 - 8 years exp. (25 salaries)	₹3.3 L/yr - ₹6 L/yr 5% more
SMFG India Credit Area Collection Manager Salary 5 - 18 years exp. (23 salaries)	₹3.1 L/yr - ₹8.7 L/yr 52% more
Tata Motors Finance Area Collection Manager Salary 4 - 13 years exp. (23 salaries)	₹2.5 L/yr - ₹9.1 L/yr 23% more
Piramal Capital Housing Finance Area Collection Manager Salary 10 - 19 years exp. (16 salaries)	₹9.7 L/yr - ₹16.8 L/yr 199% more
Shriram Finance Area Collection Manager Salary 3 - 20 years exp. (15 salaries)	₹3.6 L/yr - ₹10.2 L/yr 60% more
IDFC FIRST Bharat Area Collection Manager Salary 8 - 24 years exp. (15 salaries)	₹6.5 L/yr - ₹15.5 L/yr 173% more
IIFL Finance Area Collection Manager Salary 10 - 16 years exp. (6 salaries)	₹3.4 L/yr - ₹11.5 L/yr 97% more

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Area Collection Manager salary at Fusion Microfinance ranges between ₹4.1 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Area Collection Manager salaries

Last Updated: 26 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
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7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5 L/yr

Similar Designation salaries in Fusion Microfinance

Collections Manager Salary

(5 salaries)

₹4.2 L/yr - ₹5 L/yr

Senior Area Collection Manager Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Regional Collection Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Collection Officer Salary

(4 salaries)

₹1.55 L/yr - ₹2.8 L/yr

Senior Collection Officer Salary

(5 salaries)

₹2.16 L/yr - ₹3.2 L/yr

Area Manager Salary

(60 salaries)

₹3.2 L/yr - ₹5.85 L/yr

Branch Manager Salary

(180 salaries)

₹2 L/yr - ₹8.23 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Relationship Manager Salary

(6 salaries)

₹1.45 L/yr - ₹4 L/yr

Deputy Manager Salary

(33 salaries)

₹3.3 L/yr - ₹11 L/yr

Salary related reviews for Fusion Microfinance

4.0

Rated by 1 employees for salary & benefits

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 30 Sep 2024

5.0

for Salary and Benefits

Likes

I like about working at Fusion Microfinance Ltd. Because there is a good behave of all senior person and salary , Incentive and fuels amount also released on time and all extra benefits also given to the employees and extraordinary benefits to the public also given by the organisation at CSR activities on time to time

Dislikes

Area Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

... best place to work. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Nothing.

Team Lead in Delhi

Finance & Accounting Department

5.0

• posted on 09 Jan 2021

5.0

for Salary and Benefits

Likes

...ment 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.

Dislikes

Nothing

Branch Manager

BFSI, Investments & Trading Department

5.0

• posted on 16 May 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest tecnology.I love the fact that i am a part of a team that markets reliable,high quality products and has a global client base.As a result,Another plus point is that my colleagues come from various cultural backgrounds.

Dislikes

Compensation is decent, The work pressure is very high and also target.Also there is no on-job training for freshers,hence senior folks like me have to guide them step-by-step,which is a pain sometimes.

Micro Finance Officer in Binjharpur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 24 May 2023

4.0

for Salary and Benefits

Likes

I like to working at Fusion Microfinance that's the caulture, system and senior support.

Dislikes

...liday,so I am dislikes working at fusion microfinance.l am working in company 5.7years but my net salary is 16800,so I am dislike the system.

see more salary related reviews

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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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Fusion Microfinance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Fusion Microfinance?

Area Collection Manager salary at Fusion Microfinance in India ranges between ₹4.1 Lakhs to ₹5.0 Lakhs for experience between 5 years to 8 years. According to our estimates it is 53% less than the average Area Collection Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Fusion Microfinance India.

How does the salary of a Area Collection Manager at Fusion Microfinance India compare with the average salary range for this job?

The average salary of a Area Collection Manager at Fusion Microfinance is 53% less than the average salary of a Area Collection Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Fusion Microfinance to a Area Collection Manager in India?

Aditya Birla Finance Area Collection Manager Salary - ₹9.8 Lakhs to ₹18.2 Lakhs per year
Ujjivan Small Finance Bank Area Collection Manager Salary - ₹8.4 Lakhs to ₹17.0 Lakhs per year
Piramal Capital Housing Finance Area Collection Manager Salary - ₹9.7 Lakhs to ₹16.8 Lakhs per year
TVS Credit Area Collection Manager Salary - ₹7.1 Lakhs to ₹17.5 Lakhs per year
IDFC FIRST Bharat Area Collection Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year

What is the salary of a Area Collection Manager in companies similar to Fusion Microfinance in India?

HDB Financial Services Area Collection Manager Salary - ₹6.4 Lakhs to ₹17.4 Lakhs per year
Equitas Small Finance Bank Area Collection Manager Salary - ₹6.1 Lakhs to ₹16.8 Lakhs per year
Manappuram Finance Area Collection Manager Salary - ₹8.6 Lakhs to ₹17.9 Lakhs per year
Bajaj Finance Area Collection Manager Salary - ₹5.1 Lakhs to ₹18.0 Lakhs per year
Tata Capital Area Collection Manager Salary - ₹4.3 Lakhs to ₹13.1 Lakhs per year

What is the estimated take home salary of a Area Collection Manager at Fusion Microfinance in India?

The estimated take-home salary of a Area Collection Manager at Fusion Microfinance ranges between ₹31,472 per month to ₹32,764 per month in India. The take-home salary calculation is based on the average Fusion Microfinance Area Collection Manager salary in India which ranges between ₹4.1 Lakhs to ₹5.0 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Area Collection Manager at Fusion Microfinance?

According to AmbitionBox, 67% of the Fusion Microfinance Area Collection Managers reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Fusion Microfinance Area Collection Manager Salaries

Fusion Microfinance Area Collection Manager salary in India ranges between ₹4.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.