Fusion Microfinance Management Trainee Salaries by 7 Employees

0 - 1 year exp.

₹3 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

46% less than the average Management Trainee Salary in NBFC Companies for 0 - 1 year of experience

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Salaries in different departments

Risk Management & Compliance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3.3 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Management Trainee Salary Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Sales & Business Development Management Trainee Salary Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 16 Oct 2024

Companies similar to Fusion Microfinance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Management Trainee Salary 0 - 2 years exp. (225 salaries)	₹2.1 L/yr - ₹3.5 L/yr 21% less	2 job openings
HDB Financial Services Management Trainee Salary 0 - 1 year exp. (222 salaries)	₹4 L/yr - ₹5 L/yr 3% more
Login to view exact salary
Tata Capital Management Trainee Salary 0 - 4 years exp. (90 salaries)	₹7 L/yr - ₹23 L/yr 233% more	3 job openings
SMFG India Credit Management Trainee Salary 0 - 4 years exp. (79 salaries)	₹3.8 L/yr - ₹13.1 L/yr 101% more
IIFL Finance Management Trainee Salary 0 - 2 years exp. (57 salaries)	₹17 L/yr - ₹30 L/yr 334% more
Piramal Capital Housing Finance Management Trainee Salary 0 - 4 years exp. (56 salaries)	₹3 L/yr - ₹7 L/yr 12% more
TVS Credit Management Trainee Salary 0 - 2 years exp. (46 salaries)	₹7 L/yr - ₹13.5 L/yr 221% more
Aditya Birla Finance Management Trainee Salary 0 - 3 years exp. (40 salaries)	₹3 L/yr - ₹10.8 L/yr 48% more
Mahindra Finance Management Trainee Salary 0 - 4 years exp. (32 salaries)	₹4 L/yr - ₹10.4 L/yr 90% more
Aavas Financiers Management Trainee Salary 0 - 2 years exp. (16 salaries)	₹3.6 L/yr - ₹7.5 L/yr 28% more
Bajaj Finance Management Trainee Salary 0 - 3 years exp. (13 salaries)	₹3.1 L/yr - ₹10 L/yr 82% more
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Muthoot Finance Management Trainee Salary 0 - 2 years exp. (12 salaries)	₹3 L/yr - ₹6 L/yr 2% less
Muthoot Fincorp Management Trainee Salary 0 - 4 years exp. (10 salaries)	₹2.4 L/yr - ₹4.9 L/yr 4% less
Spandana Sphoorty Financial Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹4.8 L/yr - ₹10 L/yr 121% more
L&T Finance Management Trainee Salary 0 - 3 years exp. (9 salaries)	₹3.6 L/yr - ₹11 L/yr 102% more
Bharat Financial Inclusion Management Trainee Salary Fresher (8 salaries)	₹6.8 L/yr - ₹7.5 L/yr 84% more
Tata Motors Finance Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹5 L/yr - ₹6 L/yr 28% more
Veritas Finance Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹4.1 L/yr - ₹4.2 L/yr 5% more
Annapurna Finance Management Trainee Salary Fresher (6 salaries)	₹4.5 L/yr - ₹8.1 L/yr 60% more
Muthoot Microfin Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹4 L/yr - ₹6.5 L/yr 6% more

View all

Management Trainee salary at Fusion Microfinance ranges between ₹3 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 7 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Management Trainee salaries

Last Updated: 16 Oct 2024

Experience	Avg Annual Salary
Fresher (5 salaries)	₹3 L/yr - ₹3.5 L/yr
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1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹7.5 L/yr

Similar Designation salaries in Fusion Microfinance

Finance Executive Salary

(14 salaries)

₹1 L/yr - ₹3.5 L/yr

Accountant Salary

(4 salaries)

₹1.45 L/yr - ₹7.05 L/yr

Team Lead Salary

(4 salaries)

₹3 L/yr - ₹4.2 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Deputy Manager Salary

(36 salaries)

₹4.5 L/yr - ₹12 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹9.6 L/yr - ₹12.3 L/yr

Relationship Manager Salary

(6 salaries)

₹1.45 L/yr - ₹4 L/yr

Senior Accounts Executive Salary

(3 salaries)

₹5.2 L/yr - ₹7 L/yr

Salary related reviews for Fusion Microfinance

1.9

Rated by 3 employees for salary & benefits

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 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

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

Internal Auditor in Kharsia

Full Time

Sales & Business Development Department

4.0

• posted on 14 Nov 2022

3.0

for Salary and Benefits

Likes

Woking culture is good as well as timely salary given to employees and apart from this timely appraisal and promotion and lots of excel work u need to do here which is actually a skill developing thing and lastly i would say fusion is completely like a family environment company where everyone from upper to lower in touch with each other, very much supportive environment.

Skill development - Excellent

+4 more

Dislikes

Salary is not good according to positions specially other than operation department.

see more salary related reviews

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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 Management Trainee Salary FAQs

What is the salary of Management Trainee at Fusion Microfinance ?

The average salary of a Management Trainee at Fusion Microfinance in India typically ranges from ₹3.0 Lakhs to ₹7.5 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at Fusion Microfinance earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Management Trainee 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 7 Fusion Microfinance employees in India.

What is the estimated take home salary of a Management Trainee at Fusion Microfinance in India?

The estimated take-home salary of a Management Trainee at Fusion Microfinance in India typically ranges from ₹29,095 to ₹30,473 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 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 Management Trainee in India?

IIFL Finance	₹17.0 Lakhs to ₹30.0 Lakhs per year
Tata Capital	₹7.0 Lakhs to ₹23.0 Lakhs per year
TVS Credit	₹7.0 Lakhs to ₹13.5 Lakhs per year
Aye Finance	₹10.0 Lakhs to ₹13.0 Lakhs per year
Manappuram Finance	₹7.4 Lakhs to ₹15.0 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 Management Trainee in companies similar to Fusion Microfinance in India?

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

Spandana Sphoorty Financial	₹4.8 Lakhs to ₹10.0 Lakhs per year
L&T Finance	₹3.6 Lakhs to ₹11.0 Lakhs per year
SMFG India Credit	₹3.8 Lakhs to ₹13.1 Lakhs per year
Mahindra Finance	₹4.0 Lakhs to ₹10.4 Lakhs per year
Bharat Financial Inclusion	₹6.8 Lakhs to ₹7.5 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 Management Trainee at Fusion Microfinance in India?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹3.5 Lakhs per year
1 year	₹3.3 Lakhs to ₹7.5 Lakhs per year

and so on.

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Fusion Microfinance Management Trainee Salaries

Fusion Microfinance Management Trainee salary in India ranges between ₹3 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.