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Fusion Microfinance Credit Officer salaries in India

Annual salary range
1 - 6 years exp.
₹2 Lakhs - ₹5 Lakhs
Salary of majority employees
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Fixed (97%)
₹3.3 Lakhs
Variable (3%)
₹0.1 Lakh
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6% less than the average Credit Officer Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Credit Officer Salary
2 - 6 years exp. (4 salaries)
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₹2.5 L/yr - ₹3.4 L/yr

BFSI, Investments & Trading
Credit Officer Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹5 L/yr

Last Updated: 23 Nov 2024

Companies similar to Fusion Microfinance for Credit Officer

Company name Avg Annual Salary Open Jobs
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Muthoot Fincorp Credit Officer Salary

0 - 6 years exp. (164 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 15% less
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Shriram Finance Credit Officer Salary

0 - 7 years exp. (159 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 19% less
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Aye Finance Credit Officer Salary

0 - 7 years exp. (153 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 11% less
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HDB Financial Services Credit Officer Salary

1 - 7 years exp. (118 salaries)

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₹1.1 L/yr - ₹4.1 L/yr

arrow icon 21% less
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SMFG India Credit Credit Officer Salary

0 - 6 years exp. (99 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 16% less
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Muthoot Microfin Credit Officer Salary

0 - 6 years exp. (69 salaries)

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₹1.4 L/yr - ₹2.7 L/yr

arrow icon 41% less
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Aditya Birla Finance Credit Officer Salary

0 - 7 years exp. (66 salaries)

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₹2.4 L/yr - ₹4.6 L/yr

arrow icon 4% more
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IIFL Finance Credit Officer Salary

1 - 7 years exp. (56 salaries)

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₹1.4 L/yr - ₹4.2 L/yr

arrow icon 15% less
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Aavas Financiers Credit Officer Salary

1 - 5 years exp. (53 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 9% less
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L&T Finance Credit Officer Salary

0 - 5 years exp. (48 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 5% less
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SK Finance Limited Credit Officer Salary

1 - 6 years exp. (47 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 11% less
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Bajaj Finance Credit Officer Salary

0 - 5 years exp. (38 salaries)

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₹1.9 L/yr - ₹5.5 L/yr

arrow icon 4% more
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Mahindra Finance Credit Officer Salary

0 - 7 years exp. (33 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 23% less
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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 30% less
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Manappuram Finance Credit Officer Salary

1 - 11 years exp. (25 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 4% more
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₹1.9 L/yr - ₹6.4 L/yr

arrow icon 5% more
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Annapurna Finance Credit Officer Salary

1 - 8 years exp. (23 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 17% less
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Tata Capital Credit Officer Salary

0 - 5 years exp. (20 salaries)

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₹2.5 L/yr - ₹5 L/yr

arrow icon 5% less
1 job opening
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CreditAccess Grameen Credit Officer Salary

0 - 8 years exp. (15 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 21% less
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Svatantra Microfin Credit Officer Salary

2 - 5 years exp. (12 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 11% less
View all
Credit Officer salary at Fusion Microfinance ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 20 latest salaries received from various employees of Fusion Microfinance.

Latest annual salaries shared by Fusion Microfinance Credit Officer

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Experience wise Fusion Microfinance Credit Officer salaries

Last Updated: 23 Nov 2024

Experience Avg Annual Salary
1 year  (5 salaries)

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₹2 L/yr - ₹3.2 L/yr
2 years  (5 salaries)

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₹2.2 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹4.3 L/yr
5 years  (3 salaries)

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₹3.4 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Fusion Microfinance

Credit Manager Salary
(11 salaries)
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₹3.5 L/yr - ₹5.5 L/yr
Sales Officer Salary
(7 salaries)
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₹2 L/yr - ₹4 L/yr
Credit Analyst Salary
(3 salaries)
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₹2 L/yr - ₹2.2 L/yr
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₹2.85 L/yr - ₹5.05 L/yr
Officer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
Credit Executive Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Branch Manager Salary
(170 salaries)
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₹2.05 L/yr - ₹8.32 L/yr
Deputy Manager Salary
(36 salaries)
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₹4.5 L/yr - ₹12 L/yr
Sales Manager Salary
(4 salaries)
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₹2.65 L/yr - ₹5.45 L/yr
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₹3.25 L/yr - ₹8 L/yr

Top skills at Fusion Microfinance for Credit Officer

Credit Underwriting Business Loan CAM housing finance Credit Analysis home finance

Salary related reviews for Fusion Microfinance

4.0

Rated by 9 employees for salary & benefits

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

read more
  • Salary - Excellent
  • +6 more

Dislikes

No

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

read more

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

read more
  • Salary - Poor
  • +6 more

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.

read more
  • 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.

read more

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.

read more

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.

read more
  • Skill development - Bad
  • +3 more
see more salary related reviews

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Fusion Microfinance Credit Officer Salary FAQs

What is the salary of Credit Officer at Fusion Microfinance ?
The average salary of a Credit Officer at Fusion Microfinance in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Officer at Fusion Microfinance earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Credit Officer 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 20+ Fusion Microfinance employees in India.
What is the estimated take home salary of a Credit Officer at Fusion Microfinance in India?
The estimated take-home salary of a Credit Officer at Fusion Microfinance in India typically ranges from ₹24,727 to ₹26,170 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 20+ 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 Credit Officer at Fusion Microfinance ?
To be a Credit Officer at Fusion Microfinance in india, the key skills required include:

  • - Credit Underwriting
  • - Business Loan
  • - CAM
  • - housing finance
  • - Credit Analysis

These skills are highly valued at Fusion Microfinance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Fusion Microfinance for Credit Officer in India?
Bharat Financial Inclusion ₹3.0 Lakhs to ₹6.5 Lakhs per year
Piramal Capital Housing Finance ₹1.9 Lakhs to ₹6.4 Lakhs per year
Aditya Birla Finance ₹2.4 Lakhs to ₹4.6 Lakhs per year
Bajaj Finance ₹1.9 Lakhs to ₹5.5 Lakhs per year
Manappuram Finance ₹2.2 Lakhs to ₹4.5 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 Credit Officer in companies similar to Fusion Microfinance in India?
The salary of a Credit Officer at companies similar to Fusion Microfinance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital ₹2.5 Lakhs to ₹5.0 Lakhs per year
L&T Finance ₹1.5 Lakhs to ₹4.0 Lakhs per year
Arohan Financial Services ₹2.7 Lakhs to ₹4.1 Lakhs per year
Aavas Financiers ₹1.2 Lakhs to ₹4.5 Lakhs per year
SK Finance Limited ₹1.6 Lakhs to ₹4.5 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 Credit Officer at Fusion Microfinance in India?
The salary growth for a Credit Officer at Fusion Microfinance depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at Fusion Microfinance:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹3.2 Lakhs per year
2 years ₹2.2 Lakhs to ₹3.4 Lakhs per year
3 years ₹2.5 Lakhs to ₹3.8 Lakhs per year
4 years ₹3.0 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

Fusion Microfinance Credit Officer salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.