Fusion Microfinance State Credit Manager Salaries by 4 Employees

9 - 14 years exp.

₹11 Lakhs - ₹14.5 Lakhs

Low Confidence

Salary of majority employees

16% less than the average State Credit Manager Salary in NBFC Companies for 9 - 14 years of experience

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Salaries in different departments

Finance & Accounting State Credit Manager Salary 9 - 14 years exp. (3 salaries)	₹11 L/yr - ₹14 L/yr
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BFSI, Investments & Trading State Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹13.1 L/yr - ₹16 L/yr

Last Updated: 1 Mar 2024

Companies similar to Fusion Microfinance for State Credit Manager

Company name	Avg Annual Salary	Open Jobs
Satin Creditcare Network State Credit Manager Salary 7 - 9 years exp. (4 salaries)	₹6 L/yr - ₹7.5 L/yr 47% less
Annapurna Finance State Credit Manager Salary 8 - 15 years exp. (4 salaries)	₹9.1 L/yr - ₹16 L/yr 2% less
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Aavas Financiers State Credit Manager Salary 5 - 16 years exp. (31 salaries)	₹10.4 L/yr - ₹21.3 L/yr 17% more	1 job opening
SMFG India Credit State Credit Manager Salary 12 - 19 years exp. (27 salaries)	₹9 L/yr - ₹24.5 L/yr 35% more
Tata Motors Finance State Credit Manager Salary 9 - 14 years exp. (6 salaries)	₹7.4 L/yr - ₹20 L/yr 3% less
IIFL Finance State Credit Manager Salary 11 - 25 years exp. (4 salaries)	₹15 L/yr - ₹16.5 L/yr 24% more
Muthoot Fincorp State Credit Manager Salary 9 - 16 years exp. (6 salaries)	₹11 L/yr - ₹20 L/yr 28% more
SK Finance Limited State Credit Manager Salary 10 - 15 years exp. (4 salaries)	₹15.4 L/yr - ₹17 L/yr 28% more
Tata Capital State Credit Manager Salary 10 - 16 years exp. (4 salaries)	₹10.5 L/yr - ₹16 L/yr 1% more

State Credit Manager salary at Fusion Microfinance ranges between ₹11 Lakhs to ₹14.5 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance State Credit Manager salaries

Last Updated: 1 Mar 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
12 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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14 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr

Similar Designation salaries in Fusion Microfinance

Branch Credit Manager Salary

(40 salaries)

₹3.25 L/yr - ₹8 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹11.5 L/yr - ₹14.7 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹5.1 L/yr - ₹7.2 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

Senior Credit Officer Salary

(8 salaries)

₹2.85 L/yr - ₹5.05 L/yr

Relationship Manager Salary

(6 salaries)

₹1.45 L/yr - ₹4 L/yr

Credit Officer Salary

(20 salaries)

₹2 L/yr - ₹5 L/yr

Branch Manager Salary

(170 salaries)

₹2.05 L/yr - ₹8.32 L/yr

Deputy Manager Salary

(36 salaries)

₹4.5 L/yr - ₹12 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

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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Fusion Microfinance State Credit Manager Salary FAQs

What is the salary of State Credit Manager at Fusion Microfinance ?

The average salary of a State Credit Manager at Fusion Microfinance in India typically ranges from ₹11.0 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of State Credit Manager at Fusion Microfinance earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. State Credit 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 4 Fusion Microfinance employees in India.

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

The estimated take-home salary of a State Credit Manager at Fusion Microfinance in India typically ranges from ₹89,446 to ₹91,796 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 9 years to 14 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 4 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 Credit Manager in India?

SMFG India Credit	₹9.0 Lakhs to ₹24.5 Lakhs per year
Muthoot Fincorp	₹11.0 Lakhs to ₹20.0 Lakhs per year
SK Finance Limited	₹15.4 Lakhs to ₹17.0 Lakhs per year
IIFL Finance	₹15.0 Lakhs to ₹16.5 Lakhs per year
Aavas Financiers	₹10.4 Lakhs to ₹21.3 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 Credit Manager in companies similar to Fusion Microfinance in India?

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

Tata Capital	₹10.5 Lakhs to ₹16.0 Lakhs per year
Annapurna Finance	₹9.1 Lakhs to ₹16.0 Lakhs per year
Tata Motors Finance	₹7.4 Lakhs to ₹20.0 Lakhs per year
Satin Creditcare Network	₹6.0 Lakhs to ₹7.5 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 Credit Manager at Fusion Microfinance in India?

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

Experience	Average Salary Range
9 years	₹12.8 Lakhs to ₹16.4 Lakhs per year
12 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
14 years	₹9.9 Lakhs to ₹12.7 Lakhs per year

and so on.

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Fusion Microfinance State Credit Manager Salaries

Fusion Microfinance State Credit Manager salary in India ranges between ₹11 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.