Fusion Microfinance Senior Divisional Manager Salaries by 10+ Employees

11 - 17 years exp.

₹7.5 Lakhs - ₹9 Lakhs

Salary of majority employees

51% less than the average Senior Divisional Manager Salary in NBFC Companies for 11 - 17 years of experience

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Salaries in different departments

Sales & Business Development Senior Divisional Manager Salary 12 - 17 years exp. (6 salaries)	₹7.9 L/yr - ₹9 L/yr
Finance & Accounting Senior Divisional Manager Salary 11 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹8.8 L/yr
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BFSI, Investments & Trading Senior Divisional Manager Salary 12 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹9 L/yr

Last Updated: 21 Aug 2024

Companies similar to Fusion Microfinance for Senior Divisional Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Microfin Senior Divisional Manager Salary 6 - 12 years exp. (6 salaries)	₹5.5 L/yr - ₹7.1 L/yr 26% less
Asirvad Microfinance Senior Divisional Manager Salary 11 - 12 years exp. (5 salaries)	₹7.2 L/yr - ₹9 L/yr 6% less
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Muthoot Fincorp Senior Divisional Manager Salary 10 - 14 years exp. (3 salaries)	₹5 L/yr - ₹9 L/yr 21% less
AU Small Finance Bank Senior Divisional Manager Salary 9 - 17 years exp. (39 salaries)	₹7.4 L/yr - ₹17 L/yr 45% more
SBI Life Insurance Company Senior Divisional Manager Salary 14 - 25 years exp. (26 salaries)	₹15 L/yr - ₹28.8 L/yr 167% more

Senior Divisional Manager salary at Fusion Microfinance ranges between ₹7.5 Lakhs to ₹9 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 12 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Senior Divisional Manager salaries

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹9 L/yr
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13 years (3 salaries)	₹7.7 L/yr - ₹8.9 L/yr
14 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹15.1 L/yr
15+ years (5 salaries)	₹8 L/yr - ₹9 L/yr

Similar Designation salaries in Fusion Microfinance

Senior Relationship Manager Salary

(5 salaries)

₹2.15 L/yr - ₹3.5 L/yr

Regional Manager Salary

(11 salaries)

₹9.1 L/yr - ₹19 L/yr

Area Collection Manager Salary

(5 salaries)

₹4.09 L/yr - ₹5 L/yr

Relationship Manager Salary

(6 salaries)

₹1.45 L/yr - ₹4 L/yr

Regional Collection Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Branch Manager Salary

(170 salaries)

₹2.05 L/yr - ₹8.32 L/yr

Area Sales Manager Salary

(3 salaries)

₹6.3 L/yr - ₹12 L/yr

Area Manager Salary

(57 salaries)

₹3.2 L/yr - ₹5.85 L/yr

Sales Manager Salary

(4 salaries)

₹2.65 L/yr - ₹5.45 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Salary related reviews for Fusion Microfinance

3.1

Rated by 8 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

Area Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

... best place to work. Teammates are supportive and the management is transparent. 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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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 Divisional Manager Salary FAQs

What is the salary of Senior Divisional Manager at Fusion Microfinance ?

The average salary of a Senior Divisional Manager at Fusion Microfinance in India typically ranges from ₹7.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Senior Divisional Manager at Fusion Microfinance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Senior Divisional 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 10+ Fusion Microfinance employees in India.

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

The estimated take-home salary of a Senior Divisional Manager at Fusion Microfinance in India typically ranges from ₹61,348 to ₹62,904 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 11 years to 17 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 10+ 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 Divisional Manager in India?

SBI Life Insurance Company	₹15.0 Lakhs to ₹28.8 Lakhs per year
AU Small Finance Bank	₹7.4 Lakhs to ₹17.0 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 Senior Divisional Manager in companies similar to Fusion Microfinance in India?

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

Asirvad Microfinance	₹7.2 Lakhs to ₹9.0 Lakhs per year
Muthoot Fincorp	₹5.0 Lakhs to ₹9.0 Lakhs per year
Muthoot Microfin	₹5.5 Lakhs to ₹7.1 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 Divisional Manager at Fusion Microfinance in India?

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

Experience	Average Salary Range
11 years	₹7.5 Lakhs to ₹15.0 Lakhs per year
12 years	₹8.0 Lakhs to ₹9.0 Lakhs per year
13 years	₹7.7 Lakhs to ₹8.9 Lakhs per year
14 years	₹7.7 Lakhs to ₹15.1 Lakhs per year

and so on.

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Fusion Microfinance Senior Divisional Manager Salaries

Fusion Microfinance Senior Divisional Manager salary in India ranges between ₹7.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.