Fusion Microfinance Assistant Credit Manager Salaries by 5 Employees

1 - 9 years exp.

₹4.3 Lakhs - ₹5.1 Lakhs

Low Confidence

Salary of majority employees

At par with the average Assistant Credit Manager Salary in NBFC Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Credit Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.7 L/yr
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Risk Management & Compliance Assistant Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.2 L/yr

Last Updated: 6 Mar 2024

Companies similar to Fusion Microfinance for Assistant Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Credit Manager Salary 1 - 6 years exp. (117 salaries)	₹2.2 L/yr - ₹6 L/yr 16% less	9 job openings
Aye Finance Assistant Credit Manager Salary 3 - 9 years exp. (112 salaries)	₹2.9 L/yr - ₹5.3 L/yr 11% less
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Aavas Financiers Assistant Credit Manager Salary 0 - 8 years exp. (70 salaries)	₹3.1 L/yr - ₹6.6 L/yr 4% more
Shriram Finance Assistant Credit Manager Salary 2 - 12 years exp. (58 salaries)	₹1.8 L/yr - ₹5.3 L/yr 24% less
Annapurna Finance Assistant Credit Manager Salary 2 - 8 years exp. (29 salaries)	₹2 L/yr - ₹4.5 L/yr 39% less
IIFL Finance Assistant Credit Manager Salary 1 - 10 years exp. (19 salaries)	₹3 L/yr - ₹6.5 L/yr 7% less
SK Finance Limited Assistant Credit Manager Salary 3 - 8 years exp. (18 salaries)	₹3 L/yr - ₹5 L/yr 16% less
HDB Financial Services Assistant Credit Manager Salary 3 - 9 years exp. (15 salaries)	₹2.5 L/yr - ₹5 L/yr 19% less
Mahindra Finance Assistant Credit Manager Salary 3 - 9 years exp. (14 salaries)	₹3 L/yr - ₹6.3 L/yr 4% more
TVS Credit Assistant Credit Manager Salary 1 - 9 years exp. (13 salaries)	₹3.1 L/yr - ₹6.3 L/yr 4% less
Manappuram Finance Assistant Credit Manager Salary 4 - 8 years exp. (9 salaries)	₹3.1 L/yr - ₹5.5 L/yr 6% less
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Arohan Financial Services Assistant Credit Manager Salary 1 - 11 years exp. (6 salaries)	₹5 L/yr - ₹6 L/yr 21% more
Veritas Finance Assistant Credit Manager Salary 4 - 7 years exp. (6 salaries)	₹4 L/yr - ₹4.8 L/yr 1% less
Tata Capital Assistant Credit Manager Salary 1 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹7.8 L/yr 7% more
Muthoot Finance Assistant Credit Manager Salary 3 - 6 years exp. (6 salaries)	₹3.9 L/yr - ₹6 L/yr 5% less
Tata Motors Finance Assistant Credit Manager Salary 1 - 3 years exp. (5 salaries)	₹3.8 L/yr - ₹6 L/yr 12% more
Muthoot Fincorp Assistant Credit Manager Salary 3 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 20% less
Piramal Capital Housing Finance Assistant Credit Manager Salary 7 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹4.4 L/yr 12% less
SMFG India Credit Assistant Credit Manager Salary 1 - 2 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 42% less
Spandana Sphoorty Financial Assistant Credit Manager Salary 3 - 6 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr 4% more

Assistant Credit Manager salary at Fusion Microfinance ranges between ₹4.3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Assistant Credit Manager salaries

Last Updated: 6 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹7.7 L/yr
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3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.1 L/yr

View all

Similar Designation salaries in Fusion Microfinance

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹11.5 L/yr - ₹14.7 L/yr

Branch Credit Manager Salary

(40 salaries)

₹3.25 L/yr - ₹8 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹5.1 L/yr - ₹7.2 L/yr

Credit Manager Salary

(11 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Senior Credit Officer Salary

(8 salaries)

₹2.85 L/yr - ₹5.05 L/yr

Relationship Manager Salary

(6 salaries)

₹1.45 L/yr - ₹4 L/yr

Branch Manager Salary

(170 salaries)

₹2.05 L/yr - ₹8.32 L/yr

Assistant Vice President Salary

(15 salaries)

₹17 L/yr - ₹35.2 L/yr

Sales Manager Salary

(4 salaries)

₹2.65 L/yr - ₹5.45 L/yr

Credit Officer Salary

(20 salaries)

₹2 L/yr - ₹5 L/yr

Top skills at Fusion Microfinance for Assistant Credit Manager

Credit Underwriting

Salary related reviews for Fusion Microfinance

5.0

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

Salary - Excellent

+6 more

Dislikes

Credit Analyst in Varanasi

Full Time

Regional Office Department

3.0

• posted on 28 Jul 2023

2.0

for Salary and Benefits

Likes

...timing is not fixed they often make me work for minimum 12 hours per day & work force is higher than the salary paid

Dislikes

Full work system is bad like work force .timing. salary paid .work pressure if you are not achieving their target than they will threaten you again that you will be fired

Salary - Poor

+6 more

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.

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.

Salary - Good

+3 more

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.

Audit Officer in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Payment is done on timely.

Salary - Good

Dislikes

Reporting Manger treats like he is chairman of company, Any mistake had been done then they cut salary or Reimbursement and not cooperative nature to junior employee. Always force to work more than HR policy.

Skill development - Bad

+3 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Fusion Microfinance Assistant Credit Manager Salary FAQs

What is the salary of Assistant Credit Manager at Fusion Microfinance ?

The average salary of a Assistant Credit Manager at Fusion Microfinance in India typically ranges from ₹4.3 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Assistant Credit Manager at Fusion Microfinance earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Assistant Credit 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 Assistant Credit Manager at Fusion Microfinance in India?

The estimated take-home salary of a Assistant Credit Manager at Fusion Microfinance in India typically ranges from ₹34,629 to ₹35,875 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 1 year 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 Assistant Credit Manager at Fusion Microfinance ?

Credit Underwriting is a popular skill required to work as a Assistant Credit Manager at Fusion Microfinance.

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

Arohan Financial Services	₹5.0 Lakhs to ₹6.0 Lakhs per year
Tata Motors Finance	₹3.8 Lakhs to ₹6.0 Lakhs per year
Tata Capital	₹2.4 Lakhs to ₹7.8 Lakhs per year
Spandana Sphoorty Financial	₹4.2 Lakhs to ₹5.8 Lakhs per year
Mahindra Finance	₹3.0 Lakhs to ₹6.3 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 Assistant Credit Manager in companies similar to Fusion Microfinance in India?

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

Aavas Financiers	₹3.1 Lakhs to ₹6.6 Lakhs per year
Veritas Finance	₹4.0 Lakhs to ₹4.8 Lakhs per year
TVS Credit	₹3.1 Lakhs to ₹6.3 Lakhs per year
Muthoot Finance	₹3.9 Lakhs to ₹6.0 Lakhs per year
Manappuram Finance	₹3.1 Lakhs to ₹5.5 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 Assistant Credit Manager at Fusion Microfinance in India?

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

Experience	Average Salary Range
1 year	₹4.3 Lakhs to ₹4.3 Lakhs per year
2 years	₹4.3 Lakhs to ₹7.7 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Fusion Microfinance Assistant Credit Manager Salaries

Fusion Microfinance Assistant Credit Manager salary in India ranges between ₹4.3 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.