Fusion Microfinance New Delhi Credit Manager Salaries by 7 Employees (Updated 2024)

0 - 8 years exp.

₹4.5 Lakhs - ₹5.5 Lakhs

Salary of majority employees

38% less than the average Credit Manager Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹3.7 L/yr - ₹5.5 L/yr
Finance & Accounting Credit Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹6 L/yr
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Risk Management & Compliance Credit Manager Salary 0 - 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.3 L/yr

Last Updated: 19 Apr 2024

Companies similar to Fusion Microfinance for Credit Manager in New Delhi

Fusion Microfinance Credit Manager Salary

0 - 8 years exp. (7 salaries)

₹4.5 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Credit Manager Salary 2 - 11 years exp. (14 salaries)	₹3.2 L/yr - ₹10 L/yr 13% more
Equitas Small Finance Bank Credit Manager Salary 5 - 9 years exp. (6 salaries)	₹5.8 L/yr - ₹10 L/yr 29% more
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Utkarsh Small Finance Bank Credit Manager Salary 1 - 9 years exp. (28 salaries)	₹2.4 L/yr - ₹8.5 L/yr 8% less	1 job opening
Jana Small Finance Bank Credit Manager Salary 3 - 11 years exp. (13 salaries)	₹3.1 L/yr - ₹8 L/yr 19% more
HDB Financial Services Credit Manager Salary 0 - 9 years exp. (80 salaries)	₹2.1 L/yr - ₹7.4 L/yr 8% less
SMFG India Credit Credit Manager Salary 0 - 11 years exp. (65 salaries)	₹2.8 L/yr - ₹9.4 L/yr 38% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (53 salaries)	₹4 L/yr - ₹12.1 L/yr 61% more	10 job openings
Aditya Birla Finance Credit Manager Salary 2 - 9 years exp. (33 salaries)	₹4.6 L/yr - ₹10.4 L/yr 49% more
Piramal Capital Housing Finance Credit Manager Salary 1 - 13 years exp. (27 salaries)	₹5 L/yr - ₹8.7 L/yr 35% more
Bajaj Finance Credit Manager Salary 2 - 8 years exp. (24 salaries)	₹3.5 L/yr - ₹8.3 L/yr 18% more
IIFL Finance Credit Manager Salary 1 - 7 years exp. (18 salaries)	₹3.3 L/yr - ₹8.5 L/yr 10% more
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Mahindra Finance Credit Manager Salary 5 - 14 years exp. (13 salaries)	₹3.8 L/yr - ₹12.1 L/yr 36% more
L&T Finance Credit Manager Salary 3 - 9 years exp. (12 salaries)	₹5.5 L/yr - ₹13.1 L/yr 69% more
Muthoot Finance Credit Manager Salary 2 - 11 years exp. (10 salaries)	₹4.2 L/yr - ₹7 L/yr 7% less	2 job openings
Shriram Finance Credit Manager Salary 2 - 12 years exp. (9 salaries)	₹2.9 L/yr - ₹8.5 L/yr 28% more	3 job openings
Muthoot Fincorp Credit Manager Salary 1 - 11 years exp. (7 salaries)	₹4 L/yr - ₹7.5 L/yr 10% more
Aavas Financiers Credit Manager Salary 2 - 8 years exp. (6 salaries)	₹4 L/yr - ₹7.1 L/yr 16% more	3 job openings
Manappuram Finance Credit Manager Salary 2 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 17% less

Credit Manager salary at Fusion Microfinance ranges between ₹4.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Credit Manager salaries in New Delhi

Last Updated: 19 Apr 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr
1 year (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
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2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.9 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.8 L/yr
7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Fusion Microfinance

Deputy Manager Salary

(17 salaries)

₹4.5 L/yr - ₹11 L/yr

Branch Credit Manager Salary

(13 salaries)

₹4.5 L/yr - ₹8 L/yr

Branch Manager Salary

(10 salaries)

₹2.25 L/yr - ₹8.32 L/yr

Credit Officer Salary

(6 salaries)

₹3.3 L/yr - ₹5 L/yr

Assistant Credit Manager Salary

(5 salaries)

₹4.3 L/yr - ₹5.1 L/yr

Salary related reviews for Fusion Microfinance

3.0

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

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

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 Credit Manager Salary FAQs

What is the salary of Credit Manager at Fusion Microfinance New Delhi?

Credit Manager salary at Fusion Microfinance in New Delhi ranges between ₹4.5 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 38% less than the average Credit Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Fusion Microfinance New Delhi.

How does the salary of a Credit Manager at Fusion Microfinance New Delhi compare with the average salary range for this job?

The average salary of a Credit Manager at Fusion Microfinance is 38% less than the average salary of a Credit Manager in New Delhi. To know exact salary insights, login to view.

Which similar companies are paying more than Fusion Microfinance to a Credit Manager in New Delhi?

L&T Finance Credit Manager Salary - ₹5.5 Lakhs to ₹13.1 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.0 Lakhs to ₹12.1 Lakhs per year
Aditya Birla Finance Credit Manager Salary - ₹4.6 Lakhs to ₹10.4 Lakhs per year
SMFG India Credit Credit Manager Salary - ₹2.8 Lakhs to ₹9.4 Lakhs per year
Mahindra Finance Credit Manager Salary - ₹3.8 Lakhs to ₹12.1 Lakhs per year

What is the salary of a Credit Manager in companies similar to Fusion Microfinance in New Delhi?

Piramal Capital Housing Finance Credit Manager Salary - ₹5.0 Lakhs to ₹8.7 Lakhs per year
Equitas Small Finance Bank Credit Manager Salary - ₹5.8 Lakhs to ₹10.0 Lakhs per year
Shriram Finance Credit Manager Salary - ₹2.9 Lakhs to ₹8.5 Lakhs per year
Jana Small Finance Bank Credit Manager Salary - ₹3.1 Lakhs to ₹8.0 Lakhs per year
Bajaj Finance Credit Manager Salary - ₹3.5 Lakhs to ₹8.3 Lakhs per year

What is the estimated take home salary of a Credit Manager at Fusion Microfinance in New Delhi?

The estimated take-home salary of a Credit Manager at Fusion Microfinance ranges between ₹37,347 per month to ₹38,552 per month in New Delhi. The take-home salary calculation is based on the average Fusion Microfinance Credit Manager salary in India which ranges between ₹4.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Fusion Microfinance in New Delhi?

According to AmbitionBox, 50% of the Fusion Microfinance Credit Managers in New Delhi reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Fusion Microfinance Credit Manager Salaries in New Delhi

Fusion Microfinance Credit Manager salary in New Delhi ranges between ₹4.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.