Fusion Microfinance Senior Credit Officer Salaries by 8 Employees

3 - 8 years exp.

₹2.9 Lakhs - ₹5.1 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Senior Credit Officer Salary in NBFC Companies for 3 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	₹3.1 L/yr - ₹4 L/yr
Finance & Accounting Senior Credit Officer Salary 3 - 8 years exp. (3 salaries)	₹2.9 L/yr - ₹5.1 L/yr
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Risk Management & Compliance Senior Credit Officer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.5 L/yr

Last Updated: 9 Jun 2023

Companies similar to Fusion Microfinance for Senior Credit Officer

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Senior Credit Officer Salary 1 - 5 years exp. (53 salaries)	₹2 L/yr - ₹4.3 L/yr 12% less
SMFG India Credit Senior Credit Officer Salary 0 - 8 years exp. (10 salaries)	₹1.4 L/yr - ₹3 L/yr 34% less
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Shriram Finance Senior Credit Officer Salary 4 - 8 years exp. (8 salaries)	₹2.1 L/yr - ₹4 L/yr 8% less
IIFL Finance Senior Credit Officer Salary 2 - 5 years exp. (7 salaries)	₹3.2 L/yr - ₹5 L/yr 31% more
CreditAccess Grameen Senior Credit Officer Salary 5 - 11 years exp. (6 salaries)	₹3 L/yr - ₹4.9 L/yr 19% more
Muthoot Microfin Senior Credit Officer Salary 2 - 8 years exp. (5 salaries)	₹1.9 L/yr - ₹2.8 L/yr 38% less
Tata Capital Senior Credit Officer Salary 2 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹4.5 L/yr 18% more
Piramal Capital Housing Finance Senior Credit Officer Salary 2 - 8 years exp. (5 salaries)	₹2.5 L/yr - ₹3.7 L/yr 10% less
Aditya Birla Finance Senior Credit Officer Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 10% less
SK Finance Limited Senior Credit Officer Salary 1 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹4.2 L/yr 6% more
HDB Financial Services Senior Credit Officer Salary 4 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 7% less
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Muthoot Fincorp Senior Credit Officer Salary 2 - 7 years exp. (3 salaries)	₹2.9 L/yr - ₹3.6 L/yr 9% less
Satin Creditcare Network Senior Credit Officer Salary 3 - 8 years exp. (3 salaries)	₹2.3 L/yr - ₹3 L/yr 21% less
TVS Credit Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹4 L/yr 8% less
Annapurna Finance Senior Credit Officer Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 35% less
Bajaj Finance Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	₹5.5 L/yr - ₹12 L/yr 121% more

Senior Credit Officer salary at Fusion Microfinance ranges between ₹2.9 Lakhs to ₹5.1 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Senior Credit Officer salaries

Last Updated: 9 Jun 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.1 L/yr

View all

Similar Designation salaries in Fusion Microfinance

Credit Officer Salary

(20 salaries)

₹2 L/yr - ₹5 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹5.1 L/yr - ₹7.2 L/yr

Branch Credit Manager Salary

(40 salaries)

₹3.25 L/yr - ₹8 L/yr

Sales Officer Salary

(7 salaries)

₹2 L/yr - ₹4 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹11.5 L/yr - ₹14.7 L/yr

Credit Manager Salary

(11 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Assistant Credit Manager Salary

(5 salaries)

₹4.25 L/yr - ₹5.05 L/yr

Credit Analyst Salary

(3 salaries)

₹2 L/yr - ₹2.2 L/yr

Officer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Top skills at Fusion Microfinance for Senior Credit Officer

Disbursement Credit MIS

Salary related reviews for Fusion Microfinance

4.4

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

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

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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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 Senior Credit Officer Salary FAQs

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

The average salary of a Senior Credit Officer at Fusion Microfinance in India typically ranges from ₹2.9 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Senior Credit Officer at Fusion Microfinance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Senior 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 8 Fusion Microfinance employees in India.

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

The estimated take-home salary of a Senior Credit Officer at Fusion Microfinance in India typically ranges from ₹25,287 to ₹26,721 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 3 years to 8 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 8 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 Senior Credit Officer at Fusion Microfinance ?

To be a Senior Credit Officer at Fusion Microfinance in india, the key skills required include:

- Disbursement
- Credit
- MIS

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 Senior Credit Officer in India?

Bajaj Finance	₹5.5 Lakhs to ₹12.0 Lakhs per year
IIFL Finance	₹3.2 Lakhs to ₹5.0 Lakhs per year
CreditAccess Grameen	₹3.0 Lakhs to ₹4.9 Lakhs per year
Tata Capital	₹3.5 Lakhs to ₹4.5 Lakhs per year
SK Finance Limited	₹3.2 Lakhs to ₹4.2 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 Credit Officer in companies similar to Fusion Microfinance in India?

The salary of a Senior 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:

HDB Financial Services	₹2.5 Lakhs to ₹3.3 Lakhs per year
Shriram Finance	₹2.1 Lakhs to ₹4.0 Lakhs per year
TVS Credit	₹2.8 Lakhs to ₹4.0 Lakhs per year
Muthoot Fincorp	₹2.9 Lakhs to ₹3.6 Lakhs per year
Piramal Capital Housing Finance	₹2.5 Lakhs to ₹3.7 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 Credit Officer at Fusion Microfinance in India?

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

Experience	Average Salary Range
3 years	₹1.0 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.9 Lakhs to ₹4.0 Lakhs per year
5 years	₹3.1 Lakhs to ₹5.9 Lakhs per year
6 years	₹1.5 Lakhs to ₹4.1 Lakhs per year

and so on.

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Fusion Microfinance Senior Credit Officer Salaries

Fusion Microfinance Senior Credit Officer salary in India ranges between ₹2.9 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.