Fusion Microfinance Senior Collection Officer Salaries by 5 Employees

0 - 6 years exp.

₹2.2 Lakhs - ₹3.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% less than the average Senior Collection Officer Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Risk Management & Compliance Senior Collection Officer Salary 4 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹3.2 L/yr
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Finance & Accounting Senior Collection Officer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 25 Apr 2024

Companies similar to Fusion Microfinance for Senior Collection Officer

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Senior Collection Officer Salary 0 - 8 years exp. (181 salaries)	₹1.1 L/yr - ₹4.5 L/yr 2% more
L&T Finance Senior Collection Officer Salary 2 - 8 years exp. (38 salaries)	₹1.7 L/yr - ₹3.6 L/yr 2% more
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IIFL Finance Senior Collection Officer Salary 3 - 11 years exp. (34 salaries)	₹2.1 L/yr - ₹5 L/yr 24% more
Aye Finance Senior Collection Officer Salary 2 - 9 years exp. (34 salaries)	₹2.4 L/yr - ₹4.2 L/yr 25% more
Mahindra Finance Senior Collection Officer Salary 2 - 10 years exp. (26 salaries)	₹2.3 L/yr - ₹5.1 L/yr 50% more
Shriram Finance Senior Collection Officer Salary 5 - 14 years exp. (22 salaries)	₹2 L/yr - ₹5.1 L/yr 35% more
Annapurna Finance Senior Collection Officer Salary 2 - 8 years exp. (6 salaries)	₹2 L/yr - ₹2.4 L/yr 12% less
Satin Creditcare Network Senior Collection Officer Salary 1 - 8 years exp. (5 salaries)	₹2 L/yr - ₹2.4 L/yr 13% less
Piramal Capital Housing Finance Senior Collection Officer Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.7 L/yr 2% more
Bajaj Finance Senior Collection Officer Salary 1 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹4.3 L/yr 29% more	1 job opening
SMFG India Credit Senior Collection Officer Salary 5 - 9 years exp. (5 salaries)	₹1.9 L/yr - ₹5 L/yr 50% more
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Manappuram Finance Senior Collection Officer Salary 1 - 12 years exp. (4 salaries)	₹3.3 L/yr - ₹3.8 L/yr 35% more
TVS Credit Senior Collection Officer Salary 1 - 11 years exp. (4 salaries)	₹2.5 L/yr - ₹2.9 L/yr 5% more
Tata Motors Finance Senior Collection Officer Salary 5 - 8 years exp. (4 salaries)	₹2.9 L/yr - ₹3.1 L/yr 16% more
Bharat Financial Inclusion Senior Collection Officer Salary 3 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹2.4 L/yr 6% less
Tata Capital Senior Collection Officer Salary 4 - 8 years exp. (3 salaries)	₹2 L/yr - ₹4.7 L/yr 48% more

Senior Collection Officer salary at Fusion Microfinance ranges between ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Senior Collection Officer salaries

Last Updated: 25 Apr 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.3 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.4 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.2 L/yr

View all

Similar Designation salaries in Fusion Microfinance

Collection Officer Salary

(3 salaries)

₹1.55 L/yr - ₹2.12 L/yr

Senior Collection Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Area Collection Manager Salary

(5 salaries)

₹4.09 L/yr - ₹5 L/yr

Collections Manager Salary

(5 salaries)

₹4.2 L/yr - ₹5 L/yr

Relationship Officer Salary

(105 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Sales Officer Salary

(7 salaries)

₹2 L/yr - ₹4 L/yr

Recovery Officer Salary

(4 salaries)

₹1.5 L/yr - ₹2.4 L/yr

Field Officer Salary

(14 salaries)

₹1.5 L/yr - ₹3 L/yr

Officer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Sales Executive Salary

(6 salaries)

₹1.3 L/yr - ₹3.4 L/yr

Salary related reviews for Fusion Microfinance

2.4

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

Salary - Excellent

+6 more

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.

Salary - Excellent

+6 more

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.

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.

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

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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 Senior Collection Officer Salary FAQs

What is the salary of Senior Collection Officer at Fusion Microfinance ?

The average salary of a Senior Collection Officer at Fusion Microfinance in India typically ranges from ₹2.2 Lakhs to ₹3.2 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Senior Collection Officer at Fusion Microfinance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Senior Collection 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 5 Fusion Microfinance employees in India.

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

The estimated take-home salary of a Senior Collection Officer at Fusion Microfinance in India typically ranges from ₹18,001 to ₹19,694 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from Fresher 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 5 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 Senior Collection Officer in India?

SMFG India Credit	₹1.9 Lakhs to ₹5.0 Lakhs per year
Mahindra Finance	₹2.3 Lakhs to ₹5.1 Lakhs per year
Tata Capital	₹2.0 Lakhs to ₹4.7 Lakhs per year
Shriram Finance	₹2.0 Lakhs to ₹5.1 Lakhs per year
Manappuram Finance	₹3.3 Lakhs to ₹3.8 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 Senior Collection Officer in companies similar to Fusion Microfinance in India?

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

Bajaj Finance	₹2.8 Lakhs to ₹4.3 Lakhs per year
Aye Finance	₹2.4 Lakhs to ₹4.2 Lakhs per year
IIFL Finance	₹2.1 Lakhs to ₹5.0 Lakhs per year
Tata Motors Finance	₹2.9 Lakhs to ₹3.1 Lakhs per year
TVS Credit	₹2.5 Lakhs to ₹2.9 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 Senior Collection Officer at Fusion Microfinance in India?

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

Experience	Average Salary Range
Fresher	₹2.2 Lakhs to ₹4.3 Lakhs per year
1 year	₹2.2 Lakhs to ₹4.4 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Fusion Microfinance Senior Collection Officer Salaries

Fusion Microfinance Senior Collection Officer salary in India ranges between ₹2.2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.