Fusion Microfinance State Business Head Salaries by 5 Employees

9 - 12 years exp.

₹14 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

16% less than the average State Business Head Salary in NBFC Companies for 9 - 12 years of experience

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Last Updated: 7 Nov 2024

Companies similar to Fusion Microfinance for State Business Head

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion State Business Head Salary 16 - 18 years exp. (5 salaries)	₹20 L/yr - ₹57.5 L/yr 131% more
SMFG India Credit State Business Head Salary 7 - 20 years exp. (5 salaries)	₹16.9 L/yr - ₹30.8 L/yr 46% more
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Shriram Finance State Business Head Salary 13 - 23 years exp. (4 salaries)	₹13 L/yr - ₹22.5 L/yr 11% more
Muthoot Fincorp State Business Head Salary 14 - 19 years exp. (3 salaries)	₹14.7 L/yr - ₹16 L/yr 3% more
Svatantra Microfin State Business Head Salary 14 - 19 years exp. (3 salaries)	₹15 L/yr - ₹30.7 L/yr 45% more
Mahindra Finance State Business Head Salary 15 - 17 years exp. (3 salaries)	₹20.6 L/yr - ₹24.6 L/yr 54% more
Aavas Financiers State Business Head Salary 10 - 14 years exp. (3 salaries)	₹11.1 L/yr - ₹16 L/yr 2% less

State Business Head salary at Fusion Microfinance ranges between ₹14 Lakhs to ₹17 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance State Business Head salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹14 L/yr - ₹14 L/yr
10 years (AmbitionBox Estimate)	₹14 L/yr - ₹25.9 L/yr
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11 years (AmbitionBox Estimate)	₹14 L/yr - ₹16.6 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹17 L/yr

Similar Designation salaries in Fusion Microfinance

Regional Business Head Salary

(AmbitionBox Estimate)

₹22.7 L/yr - ₹29 L/yr

State Head Salary

(3 salaries)

₹9.2 L/yr - ₹16 L/yr

Cluster Head Salary

(AmbitionBox Estimate)

₹9.8 L/yr - ₹12.5 L/yr

Area Business Manager Salary

(5 salaries)

₹5.4 L/yr - ₹6 L/yr

Business Manager Salary

(4 salaries)

₹5.55 L/yr - ₹6 L/yr

Regional Business Manager Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

Sales Manager Salary

(4 salaries)

₹2.65 L/yr - ₹5.45 L/yr

Branch Manager Salary

(170 salaries)

₹2.05 L/yr - ₹8.32 L/yr

Area Manager Salary

(57 salaries)

₹3.2 L/yr - ₹5.85 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Salary related reviews for Fusion Microfinance

2.0

Rated by 1 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.

Business Development Manager in Rohtak

BFSI, Investments & Trading Department

5.0

• posted on 10 Jun 2022

5.0

for Salary and Benefits

Likes

...nagement is transparent. There is a huge cafeteria & gaming arcade for chilling. Company Policies are very good , appraisal are Fair & Given good salary Hike , bonus & internally promotion

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.

see more salary related reviews

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Fusion Microfinance State Business Head Salary FAQs

What is the salary of State Business Head at Fusion Microfinance ?

The average salary of a State Business Head at Fusion Microfinance in India typically ranges from ₹14.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of State Business Head at Fusion Microfinance earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. State Business Head 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 State Business Head at Fusion Microfinance in India?

The estimated take-home salary of a State Business Head at Fusion Microfinance in India typically ranges from ₹1,04,140 to ₹1,06,995 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 9 years to 12 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 State Business Head in India?

Bharat Financial Inclusion	₹20.0 Lakhs to ₹57.5 Lakhs per year
Mahindra Finance	₹20.6 Lakhs to ₹24.6 Lakhs per year
SMFG India Credit	₹16.9 Lakhs to ₹30.8 Lakhs per year
Svatantra Microfin	₹15.0 Lakhs to ₹30.7 Lakhs per year
Shriram Finance	₹13.0 Lakhs to ₹22.5 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 State Business Head in companies similar to Fusion Microfinance in India?

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

Muthoot Fincorp	₹14.7 Lakhs to ₹16.0 Lakhs per year
Aavas Financiers	₹11.1 Lakhs to ₹16.0 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 State Business Head at Fusion Microfinance in India?

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

Experience	Average Salary Range
9 years	₹14.0 Lakhs to ₹14.0 Lakhs per year
10 years	₹14.0 Lakhs to ₹25.9 Lakhs per year
11 years	₹14.0 Lakhs to ₹16.6 Lakhs per year
12 years	₹6.6 Lakhs to ₹17.0 Lakhs per year

and so on.

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Fusion Microfinance State Business Head Salaries

Fusion Microfinance State Business Head salary in India ranges between ₹14 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.