Fusion Microfinance Collection Officer Salaries by 4 Employees (Updated 2024)

0 - 2 years exp.

₹1.6 Lakh - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Collection Officer Salary in NBFC Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting Collection Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.5 L/yr
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Sales & Business Development Collection Officer Salary Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Last Updated: 15 Dec 2023

Companies similar to Fusion Microfinance for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Collection Officer Salary 0 - 8 years exp. (329 salaries)	₹0.8 L/yr - ₹4.5 L/yr 48% more
Bharat Financial Inclusion Collection Officer Salary 1 - 3 years exp. (5 salaries)	₹1.6 L/yr - ₹2.1 L/yr 5% less
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Satin Creditcare Network Collection Officer Salary 2 - 6 years exp. (8 salaries)	₹2.2 L/yr - ₹3.5 L/yr 21% more
Equitas Small Finance Bank Collection Officer Salary 2 - 8 years exp. (49 salaries)	₹1.2 L/yr - ₹3.2 L/yr 17% more
Utkarsh Small Finance Bank Collection Officer Salary 1 - 7 years exp. (92 salaries)	₹1.5 L/yr - ₹4.2 L/yr 32% more
Jana Small Finance Bank Collection Officer Salary 0 - 6 years exp. (238 salaries)	₹1.3 L/yr - ₹4 L/yr 17% more
CreditAccess Grameen Collection Officer Salary 0 - 3 years exp. (5 salaries)	₹1.2 L/yr - ₹2.4 L/yr 7% less
RBL FinServe Collection Officer Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹3 L/yr 9% more
Annapurna Finance Collection Officer Salary 1 - 11 years exp. (13 salaries)	₹2.4 L/yr - ₹3.6 L/yr 46% more
HDB Financial Services Collection Officer Salary 0 - 8 years exp. (811 salaries)	₹1 L/yr - ₹4.5 L/yr 16% more	4 job openings
L&T Finance Collection Officer Salary 1 - 7 years exp. (348 salaries)	₹1.2 L/yr - ₹3.9 L/yr 10% more
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Bajaj Finance Collection Officer Salary 0 - 8 years exp. (222 salaries)	₹1.1 L/yr - ₹5.6 L/yr 72% more
Mahindra Finance Collection Officer Salary 1 - 8 years exp. (146 salaries)	₹1.5 L/yr - ₹5.1 L/yr 38% more	1 job opening
SMFG India Credit Collection Officer Salary 3 - 6 years exp. (67 salaries)	₹1 L/yr - ₹4.5 L/yr 50% more
IIFL Finance Collection Officer Salary 0 - 7 years exp. (62 salaries)	₹1.8 L/yr - ₹4.2 L/yr 48% more
TVS Credit Collection Officer Salary 1 - 8 years exp. (56 salaries)	₹1.4 L/yr - ₹4.6 L/yr 35% more
Aditya Birla Finance Collection Officer Salary 2 - 9 years exp. (44 salaries)	₹2.3 L/yr - ₹5.2 L/yr 91% more
Tata Capital Collection Officer Salary 0 - 14 years exp. (42 salaries)	₹2 L/yr - ₹4.5 L/yr 53% more	4 job openings
Shriram Finance Collection Officer Salary 0 - 7 years exp. (39 salaries)	₹1.8 L/yr - ₹4.5 L/yr 45% more
IDFC FIRST Bharat Collection Officer Salary 0 - 6 years exp. (30 salaries)	₹1.2 L/yr - ₹4 L/yr 7% more

View all

Collection Officer salary at Fusion Microfinance ranges between ₹1.6 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Collection Officer salaries

Last Updated: 15 Dec 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.8 L/yr

Similar Designation salaries in Fusion Microfinance

Collections Manager Salary

(5 salaries)

₹4.2 L/yr - ₹5 L/yr

Senior Collection Officer Salary

(5 salaries)

₹2.16 L/yr - ₹3.2 L/yr

Sales Officer Salary

(7 salaries)

₹2 L/yr - ₹4 L/yr

Relationship Officer Salary

(93 salaries)

₹1.2 L/yr - ₹4.05 L/yr

Field Officer Salary

(13 salaries)

₹1.05 L/yr - ₹3 L/yr

Recovery Officer Salary

(3 salaries)

₹1.5 L/yr - ₹2.4 L/yr

Area Collection Manager Salary

(5 salaries)

₹4.09 L/yr - ₹5 L/yr

Officer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Computer Operator Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Sales Manager Salary

(4 salaries)

₹2.65 L/yr - ₹4.45 L/yr

Top skills at Fusion Microfinance for Collection Officer

Collections Collection Management

Salary related reviews for Fusion Microfinance

4.1

Rated by 3 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

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.

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.

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.

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Salary Discussions, Hike & Promotions

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 Collection Officer Salary FAQs

What is the salary of Collection Officer at Fusion Microfinance?

Collection Officer salary at Fusion Microfinance in India ranges between ₹1.6 Lakhs to ₹2.8 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 23% less than the average Collection Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Fusion Microfinance India.

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

The average salary of a Collection Officer at Fusion Microfinance is 23% less than the average salary of a Collection Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collection Officer at Fusion Microfinance?

Collections and Collection Management are some of the popular skills required to work as a Collection Officer at Fusion Microfinance India.

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

Aditya Birla Finance Collection Officer Salary - ₹2.3 Lakhs to ₹5.2 Lakhs per year
Bajaj Finance Collection Officer Salary - ₹1.1 Lakhs to ₹5.6 Lakhs per year
Manappuram Finance Collection Officer Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
Tata Capital Collection Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
SMFG India Credit Collection Officer Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year

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

IIFL Finance Collection Officer Salary - ₹1.8 Lakhs to ₹4.2 Lakhs per year
Ujjivan Small Finance Bank Collection Officer Salary - ₹0.8 Lakhs to ₹4.5 Lakhs per year
Annapurna Finance Collection Officer Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year
Shriram Finance Collection Officer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
Mahindra Finance Collection Officer Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year

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

The estimated take-home salary of a Collection Officer at Fusion Microfinance ranges between ₹14,289 per month to ₹15,795 per month in India. The take-home salary calculation is based on the average Fusion Microfinance Collection Officer salary in India which ranges between ₹1.6 Lakhs to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Collection Officer at Fusion Microfinance?

According to AmbitionBox, 46% of the Fusion Microfinance Collection Officers reported a notice period of 1 Month, 23% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Fusion Microfinance Collection Officer Salaries

Fusion Microfinance Collection Officer salary in India ranges between ₹1.6 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.

Fusion Microfinance Collection Officer salaries in India

Companies similar to Fusion Microfinance for Collection Officer

Latest annual salaries shared by Fusion Microfinance Collection Officer

Experience wise Fusion Microfinance Collection Officer salaries

Similar Designation salaries in Fusion Microfinance

Top skills at Fusion Microfinance for Collection Officer

Salary related reviews for Fusion Microfinance

Branch Manager in New Delhi

Team Lead in Delhi

Branch Manager

Micro Finance Officer in Binjharpur

Audit Officer in Patna

Fusion Microfinance Collection Officer Salary FAQs

Tell us how to improve this page.