Fusion Microfinance Bhubaneswar Area Manager Salaries by 5 Employees

5 - 9 years exp.

₹4 Lakhs - ₹5.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% less than the average Area Manager Salary in NBFC Companies for 5 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Area Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5 L/yr
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Sales & Business Development Area Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.2 L/yr

Last Updated: 22 Nov 2023

Companies similar to Fusion Microfinance for Area Manager in Bhubaneswar

Fusion Microfinance Area Manager Salary

5 - 9 years exp. (5 salaries)

₹4 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Area Manager Salary 12 - 18 years exp. (6 salaries)	₹5.2 L/yr - ₹8.1 L/yr 50% more
Manappuram Finance Area Manager Salary 5 - 7 years exp. (6 salaries)	₹5.2 L/yr - ₹6 L/yr 8% more
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Arohan Financial Services Area Manager Salary 10 - 15 years exp. (4 salaries)	₹6 L/yr - ₹6.8 L/yr 21% more
Muthoot Microfin Area Manager Salary 1 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹5.4 L/yr 12% less
Bajaj Finance Area Manager Salary 5 - 11 years exp. (4 salaries)	₹7.4 L/yr - ₹9.9 L/yr 86% more	40 job openings
TVS Credit Area Manager Salary 12 - 16 years exp. (3 salaries)	₹11 L/yr - ₹15.1 L/yr 166% more

Area Manager salary at Fusion Microfinance ranges between ₹4 Lakhs to ₹5.2 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Area Manager salaries in Bhubaneswar

Last Updated: 22 Nov 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Fusion Microfinance

Branch Manager Salary

(6 salaries)

₹2.6 L/yr - ₹5 L/yr

Top skills at Fusion Microfinance for Area Manager

Team Handling

Salary related reviews for Fusion Microfinance

4.0

Rated by 2 employees for salary & benefits

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.

Salary - Excellent

+6 more

Dislikes

Nothing.

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

Salary - Excellent

+6 more

Dislikes

Business Development Manager in Rohtak

BFSI, Investments & Trading Department

5.0

• posted on 10 Jun 2022

5.0

for Salary and Benefits

Likes

...nagement is transparent. There is a huge cafeteria & gaming arcade for chilling. Company Policies are very good , appraisal are Fair & Given good salary Hike , bonus & internally promotion

Salary - Excellent

+6 more

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.

Salary - Excellent

+6 more

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.

Salary - Good

+3 more

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.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Fusion Microfinance Area Manager Salary FAQs

What is the salary of Area Manager at Fusion Microfinance in Bhubaneswar?

The average salary of a Area Manager at Fusion Microfinance in Bhubaneswar typically ranges from ₹4.0 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Area Manager in Bhubaneswar at Fusion Microfinance earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Area Manager Salaries at Fusion 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 5 Fusion Microfinance employees in India.

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

The estimated take-home salary of a Area Manager at Fusion Microfinance in Bhubaneswar typically ranges from ₹38,363 to ₹39,552 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 5 years to 9 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 5 salaries received from various employees of Fusion Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Manager at Fusion Microfinance in Bhubaneswar?

Team Handling is a popular skill required to work as a Area Manager at Fusion Microfinance.

Which companies offer higher salaries than Fusion Microfinance for Area Manager in India?

TVS Credit	₹11.0 Lakhs to ₹15.1 Lakhs per year
Bajaj Finance	₹7.4 Lakhs to ₹9.9 Lakhs per year
Muthoot Fincorp	₹5.2 Lakhs to ₹8.1 Lakhs per year
Arohan Financial Services	₹6.0 Lakhs to ₹6.8 Lakhs per year
Manappuram Finance	₹5.2 Lakhs to ₹6.0 Lakhs per year

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

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

The salary of a Area Manager at companies similar to Fusion Microfinance in Bhubaneswar varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Microfin

₹3.6 Lakhs to ₹5.4 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 Area Manager at Fusion Microfinance in Bhubaneswar?

The salary growth for a Area Manager at Fusion Microfinance in Bhubaneswar depends on factors such as experience, performance, and promotions. On average, a Area Manager in Bhubaneswar can expect the following growth trajectory at Fusion Microfinance:

Experience	Average Salary Range
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
7 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
8 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Fusion Microfinance Area Manager Salaries in Bhubaneswar

Fusion Microfinance Area Manager salary in Bhubaneswar ranges between ₹4 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.