Fusion Microfinance New Delhi Manager Salaries by 4 Employees

7 - 11 years exp.

₹4.3 Lakhs - ₹10.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

39% less than the average Manager Salary in NBFC Companies for 7 - 11 years of experience

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Last Updated: 11 Apr 2024

Companies similar to Fusion Microfinance for Manager in New Delhi

Fusion Microfinance Manager Salary

7 - 11 years exp. (4 salaries)

₹4.3 L/yr - ₹10.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager Salary 1 - 12 years exp. (75 salaries)	₹3 L/yr - ₹11 L/yr 38% less	119 job openings
L&T Finance Manager Salary 1 - 14 years exp. (27 salaries)	₹4.3 L/yr - ₹15 L/yr 1% less
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Tata Capital Manager Salary 0 - 10 years exp. (26 salaries)	₹5 L/yr - ₹15 L/yr 6% less	4 job openings
HDB Financial Services Manager Salary 4 - 16 years exp. (14 salaries)	₹3 L/yr - ₹8.5 L/yr 28% less	1 job opening
Piramal Capital Housing Finance Manager Salary 2 - 16 years exp. (13 salaries)	₹8.7 L/yr - ₹21 L/yr 24% more
SMFG India Credit Manager Salary 6 - 10 years exp. (10 salaries)	₹4.9 L/yr - ₹12 L/yr 3% more	5 job openings
Aye Finance Manager Salary 6 - 10 years exp. (9 salaries)	₹5.9 L/yr - ₹10.4 L/yr 23% less
Mahindra Finance Manager Salary 5 - 10 years exp. (9 salaries)	₹4 L/yr - ₹13.5 L/yr 10% less	2 job openings
IIFL Finance Manager Salary 4 - 9 years exp. (8 salaries)	₹3.8 L/yr - ₹6.7 L/yr 36% less	1 job opening
Satin Creditcare Network Manager Salary 2 - 10 years exp. (8 salaries)	₹6.1 L/yr - ₹10.9 L/yr 24% less
Aditya Birla Finance Manager Salary 7 - 10 years exp. (7 salaries)	₹6 L/yr - ₹13 L/yr 8% less
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Muthoot Fincorp Manager Salary 7 - 12 years exp. (6 salaries)	₹3.5 L/yr - ₹6.6 L/yr 47% less
Manappuram Finance Manager Salary 4 - 9 years exp. (6 salaries)	₹3.3 L/yr - ₹6.5 L/yr 51% less
Shriram Finance Manager Salary 5 - 10 years exp. (4 salaries)	₹9 L/yr - ₹14.7 L/yr 2% less

Manager salary at Fusion Microfinance ranges between ₹4.3 Lakhs to ₹10.5 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Manager salaries in New Delhi

Last Updated: 11 Apr 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
8 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
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9 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
10 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.8 L/yr
11 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr

Similar Designation salaries in Fusion Microfinance

Deputy Manager Salary

(18 salaries)

₹4.5 L/yr - ₹12 L/yr

Credit Manager Salary

(6 salaries)

₹4.5 L/yr - ₹5.5 L/yr

Top skills at Fusion Microfinance for Manager

Management Litigation Finance Signalling Financial Sector

Salary related reviews for Fusion Microfinance

4.9

Rated by 2 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

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.

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

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Fusion Microfinance Manager Salary FAQs

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

The average salary of a Manager at Fusion Microfinance in New Delhi typically ranges from ₹4.3 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of Manager in New Delhi at Fusion Microfinance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. 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 Manager at Fusion Microfinance in New Delhi?

The estimated take-home salary of a Manager at Fusion Microfinance in New Delhi typically ranges from ₹72,664 to ₹74,540 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 7 years to 11 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.

What are the key skills required to be a Manager at Fusion Microfinance in New Delhi?

To be a Manager at Fusion Microfinance in New Delhi, the key skills required include:

- Management
- Litigation
- Finance
- Signalling
- Financial Sector

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 Manager in India?

Piramal Capital Housing Finance	₹8.7 Lakhs to ₹21.0 Lakhs per year
SMFG India Credit	₹4.9 Lakhs to ₹12.0 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 Manager in companies similar to Fusion Microfinance in New Delhi?

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

L&T Finance	₹4.3 Lakhs to ₹15.0 Lakhs per year
Shriram Finance	₹9.0 Lakhs to ₹14.7 Lakhs per year
Tata Capital	₹5.0 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Finance	₹6.0 Lakhs to ₹13.0 Lakhs per year
Mahindra Finance	₹4.0 Lakhs to ₹13.5 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 Manager at Fusion Microfinance in New Delhi?

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

Experience	Average Salary Range
7 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
8 years	₹9.1 Lakhs to ₹11.6 Lakhs per year
9 years	₹9.2 Lakhs to ₹11.7 Lakhs per year
10 years	₹9.3 Lakhs to ₹11.8 Lakhs per year

and so on.

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Fusion Microfinance Manager Salaries in New Delhi

Fusion Microfinance Manager salary in New Delhi ranges between ₹4.3 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.