Fusion Microfinance Business Manager Salaries by 4 Employees

6 - 7 years exp.

₹5.6 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Business Manager Salary in NBFC Companies for 6 - 7 years of experience

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Salaries in different departments

Marketing & Communication Business Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹5.9 L/yr
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Sales & Business Development Business Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹6 L/yr

Last Updated: 29 Mar 2023

Companies similar to Fusion Microfinance for Business Manager

Company name	Avg Annual Salary	Open Jobs
L&T Finance Business Manager Salary 2 - 10 years exp. (233 salaries)	₹3.4 L/yr - ₹9.1 L/yr 10% more
Aavas Financiers Business Manager Salary 3 - 11 years exp. (237 salaries)	₹2.5 L/yr - ₹8 L/yr 2% less	2 job openings
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Shriram Finance Business Manager Salary 6 - 13 years exp. (39 salaries)	₹3 L/yr - ₹9 L/yr 13% less
Mahindra Finance Business Manager Salary 3 - 10 years exp. (21 salaries)	₹2.5 L/yr - ₹10.8 L/yr 6% more	1 job opening
IIFL Finance Business Manager Salary 1 - 4 years exp. (5 salaries)	₹5.5 L/yr - ₹7 L/yr 12% more
Bharat Financial Inclusion Business Manager Salary 0 - 24 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 57% less
Veritas Finance Business Manager Salary 2 - 11 years exp. (4 salaries)	₹4 L/yr - ₹6.8 L/yr 2% less
Tata Capital Business Manager Salary 1 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹6.2 L/yr 1% less
Piramal Capital Housing Finance Business Manager Salary 3 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹8.9 L/yr 14% less
SMFG India Credit Business Manager Salary 1 - 8 years exp. (4 salaries)	₹6 L/yr - ₹26.2 L/yr 182% more
Muthoot Fincorp Business Manager Salary 6 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹8 L/yr 1% less
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TVS Credit Business Manager Salary 10 - 14 years exp. (3 salaries)	₹3 L/yr - ₹5.8 L/yr 22% less
HDB Financial Services Business Manager Salary 2 - 16 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr 27% less

Business Manager salary at Fusion Microfinance ranges between ₹5.6 Lakhs to ₹6 Lakhs per year for employees with experience between 6 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Business Manager salaries

Last Updated: 29 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹6 L/yr
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7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹10.7 L/yr

Similar Designation salaries in Fusion Microfinance

Area Business Manager Salary

(5 salaries)

₹5.4 L/yr - ₹6 L/yr

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(170 salaries)

₹2.05 L/yr - ₹8.32 L/yr

Sales Manager Salary

(4 salaries)

₹2.65 L/yr - ₹5.45 L/yr

Regional Manager Salary

(11 salaries)

₹9.1 L/yr - ₹19 L/yr

Area Manager Salary

(57 salaries)

₹3.2 L/yr - ₹5.85 L/yr

Deputy Manager Salary

(36 salaries)

₹4.5 L/yr - ₹12 L/yr

Area Sales Manager Salary

(3 salaries)

₹6.3 L/yr - ₹12 L/yr

Relationship Manager Salary

(6 salaries)

₹1.45 L/yr - ₹4 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Sales Officer Salary

(7 salaries)

₹2 L/yr - ₹4 L/yr

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

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.

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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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 Business Manager Salary FAQs

What is the salary of Business Manager at Fusion Microfinance ?

The average salary of a Business Manager at Fusion Microfinance in India typically ranges from ₹5.6 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 6 years to 7 years).

The top 10% of Business Manager at Fusion Microfinance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Business 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 4 Fusion Microfinance employees in India.

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

The estimated take-home salary of a Business Manager at Fusion Microfinance in India typically ranges from ₹43,990 to ₹45,096 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 6 years to 7 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 4 salaries received from various employees of Fusion Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

SMFG India Credit	₹6.0 Lakhs to ₹26.2 Lakhs per year
IIFL Finance	₹5.5 Lakhs to ₹7.0 Lakhs per year
L&T Finance	₹3.4 Lakhs to ₹9.1 Lakhs per year
Mahindra Finance	₹2.5 Lakhs to ₹10.8 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 Business Manager in companies similar to Fusion Microfinance in India?

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

Muthoot Fincorp	₹3.5 Lakhs to ₹8.0 Lakhs per year
Tata Capital	₹4.5 Lakhs to ₹6.2 Lakhs per year
Aavas Financiers	₹2.5 Lakhs to ₹8.0 Lakhs per year
Veritas Finance	₹4.0 Lakhs to ₹6.8 Lakhs per year
Shriram Finance	₹3.0 Lakhs to ₹9.0 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 Business Manager at Fusion Microfinance in India?

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

Experience	Average Salary Range
6 years	₹5.6 Lakhs to ₹6.0 Lakhs per year
7 years	₹5.9 Lakhs to ₹10.7 Lakhs per year

and so on.

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Fusion Microfinance Business Manager Salaries

Fusion Microfinance Business Manager salary in India ranges between ₹5.6 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.