Fusion Microfinance Senior IT Executive Salaries by 6 Employees

3 - 7 years exp.

₹2.9 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Senior IT Executive Salary in NBFC Companies for 3 - 7 years of experience

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Salaries in different departments

Engineering - Hardware & Networks Senior IT Executive Salary 3 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹3.5 L/yr
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IT & Information Security Senior IT Executive Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.1 L/yr

Last Updated: 30 Jun 2024

Companies similar to Fusion Microfinance for Senior IT Executive

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Senior IT Executive Salary 1 - 6 years exp. (14 salaries)	₹2.5 L/yr - ₹3.8 L/yr 9% less
Arohan Financial Services Senior IT Executive Salary 5 - 11 years exp. (6 salaries)	₹4.4 L/yr - ₹6.5 L/yr 49% more
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Mahindra Finance Senior IT Executive Salary 4 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3.2 L/yr 25% less
TVS Credit Senior IT Executive Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 7% more
CreditAccess Grameen Senior IT Executive Salary 5 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹3.5 L/yr At par
Annapurna Finance Senior IT Executive Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.3 L/yr 34% less

Senior IT Executive salary at Fusion Microfinance ranges between ₹2.9 Lakhs to ₹4.1 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Senior IT Executive salaries

Last Updated: 30 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.4 L/yr

Similar Designation salaries in Fusion Microfinance

IT Executive Salary

(12 salaries)

₹2.79 L/yr - ₹3.85 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

IT Manager Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

System Administrator Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Desktop Support Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.5 L/yr

Salary related reviews for Fusion Microfinance

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

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Fusion Microfinance Senior IT Executive Salary FAQs

What is the salary of Senior IT Executive at Fusion Microfinance ?

The average salary of a Senior IT Executive at Fusion Microfinance in India typically ranges from ₹2.9 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Senior IT Executive at Fusion Microfinance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Senior IT Executive 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 6 Fusion Microfinance employees in India.

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

The estimated take-home salary of a Senior IT Executive at Fusion Microfinance in India typically ranges from ₹24,062 to ₹25,514 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 3 years to 7 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 6 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 IT Executive in India?

Arohan Financial Services	₹4.4 Lakhs to ₹6.5 Lakhs per year
TVS Credit	₹3.0 Lakhs to ₹4.0 Lakhs per year
CreditAccess Grameen	₹3.2 Lakhs to ₹3.5 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 IT Executive in companies similar to Fusion Microfinance in India?

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

Aavas Financiers	₹2.5 Lakhs to ₹3.8 Lakhs per year
Mahindra Finance	₹2.1 Lakhs to ₹3.2 Lakhs per year
Annapurna Finance	₹2.0 Lakhs to ₹2.3 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 IT Executive at Fusion Microfinance in India?

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

Experience	Average Salary Range
3 years	₹2.9 Lakhs to ₹6.0 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years	₹1.3 Lakhs to ₹3.5 Lakhs per year
6 years	₹1.3 Lakhs to ₹4.1 Lakhs per year

and so on.

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Fusion Microfinance Senior IT Executive Salaries

Fusion Microfinance Senior IT Executive salary in India ranges between ₹2.9 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.