SMFG India Credit Area Business Manager Salaries by 5 Employees

5 - 10 years exp.

₹9.6 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

19% more than the average Area Business Manager Salary in NBFC Companies for 5 - 10 years of experience

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Salaries in different departments

Sales & Business Development Area Business Manager Salary 5 - 6 years exp. (3 salaries)	₹10.8 L/yr - ₹11 L/yr
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BFSI, Investments & Trading Area Business Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹11.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to SMFG India Credit for Area Business Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Area Business Manager Salary 5 - 18 years exp. (381 salaries)	₹3.8 L/yr - ₹15 L/yr 21% less	1 job opening
Veritas Finance Area Business Manager Salary 7 - 17 years exp. (28 salaries)	₹6.5 L/yr - ₹11 L/yr 16% less
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L&T Finance Area Business Manager Salary 4 - 14 years exp. (10 salaries)	₹9.6 L/yr - ₹19 L/yr 30% more
John Deere Financial Area Business Manager Salary 10 - 16 years exp. (9 salaries)	₹12.9 L/yr - ₹20 L/yr 59% more
Shriram Finance Area Business Manager Salary 3 - 12 years exp. (7 salaries)	₹2.6 L/yr - ₹6 L/yr 62% less
Svatantra Microfin Area Business Manager Salary 2 - 13 years exp. (6 salaries)	₹2 L/yr - ₹8.5 L/yr 50% less
Asirvad Microfinance Area Business Manager Salary 7 - 12 years exp. (6 salaries)	₹3.6 L/yr - ₹6 L/yr 53% less
Mahindra Rural Housing Finance Area Business Manager Salary 7 - 22 years exp. (6 salaries)	₹8.9 L/yr - ₹21 L/yr 43% more
Annapurna Finance Area Business Manager Salary 2 - 19 years exp. (6 salaries)	₹5.2 L/yr - ₹12.4 L/yr 20% less
Fusion Microfinance Area Business Manager Salary 5 - 10 years exp. (5 salaries)	₹5.4 L/yr - ₹6 L/yr 47% less
SK Finance Limited Area Business Manager Salary 7 - 13 years exp. (5 salaries)	₹3.8 L/yr - ₹7 L/yr 55% less
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Bajaj Finance Area Business Manager Salary 3 - 15 years exp. (5 salaries)	₹10 L/yr - ₹12.7 L/yr 8% more
TVS Credit Area Business Manager Salary 7 - 16 years exp. (4 salaries)	₹4.2 L/yr - ₹24.5 L/yr 26% more
HDB Financial Services Area Business Manager Salary 10 - 17 years exp. (4 salaries)	₹9.8 L/yr - ₹14.7 L/yr 14% more
Tata Motors Finance Area Business Manager Salary 12 - 17 years exp. (4 salaries)	₹3.2 L/yr - ₹18 L/yr 7% less
IIFL Finance Area Business Manager Salary 2 - 5 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 52% less
Muthoot Fincorp Area Business Manager Salary 2 - 21 years exp. (3 salaries)	₹3.6 L/yr - ₹10 L/yr 37% less
Satin Creditcare Network Area Business Manager Salary 1 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹6.5 L/yr 56% less
Bharat Financial Inclusion Area Business Manager Salary 3 - 13 years exp. (3 salaries)	₹2.3 L/yr - ₹6 L/yr 58% less

Area Business Manager salary at SMFG India Credit ranges between ₹9.6 Lakhs to ₹11 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Area Business Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11 L/yr - ₹19.9 L/yr
6 years (AmbitionBox Estimate)	₹11 L/yr - ₹19.9 L/yr
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7 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
8 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
9 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹19.7 L/yr
10 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹19.6 L/yr

View all

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Salary related reviews for SMFG India Credit

5.0

Rated by 1 employees for salary & benefits

Sales Manager in Kadapa

Full Time

Sales & Business Development Department

5.0

• posted on 22 Mar 2024

5.0

for Salary and Benefits

Likes

I'm happy to work with SMFG company this company is excellent for every employee good salary very good incentives and also good growth 📈 working here thanks to big opportunity for me SMFG india credit

Salary - Excellent

+6 more

Dislikes

Nothing dislike this company it's a very good company more than other NBFC companies

Sales Manager in Chhindwara

Full Time

Sales & Business Development Department

5.0

• posted on 04 Mar 2023

3.0

for Salary and Benefits

Likes

There are many products here from which we get a lot of knowledge

Skill development - Excellent

+5 more

Dislikes

The salary that should have been received according to the work was not known! When the full salary was not received even after completing the achievement goal.

Sales Manager in Jorhat

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 May 2022

5.0

for Salary and Benefits

Likes

...'s worst to selling product due to high interest rate and poor customer service. Other hand, Employees are getting good salary and other benefits.

Salary - Excellent

+4 more

Dislikes

Poor customer service &high interest rate

Area Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

..., Learning Various Products and Policy. Good Friendly Natural of Company Senior. Best Pay Scale in industry.

Salary - Excellent

+6 more

Dislikes

Only system issues and software not working properly. IT issue.

Sales Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 16 Sep 2023

4.0

for Salary and Benefits

Likes

Nice company.work condition is good. Get good insentive. Hear work and family can manage easily time manage.

Salary - Good

+2 more

Dislikes

...policy. Company hold the old staff. they can't support new join . No pramotions. They not pay TA DA expenses properly.

Skill development - Bad

+1 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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SMFG India Credit Area Business Manager Salary FAQs

What is the salary of Area Business Manager at SMFG India Credit ?

The average salary of a Area Business Manager at SMFG India Credit in India typically ranges from ₹9.6 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Area Business Manager at SMFG India Credit earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Area Business Manager Salaries at SMFG India Credit 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 SMFG India Credit employees in India.

What is the estimated take home salary of a Area Business Manager at SMFG India Credit in India?

The estimated take-home salary of a Area Business Manager at SMFG India Credit in India typically ranges from ₹78,473 to ₹80,513 per month. This is based on the average salary range of ₹9.6 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 5 years to 10 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 SMFG India Credit. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SMFG India Credit for Area Business Manager in India?

John Deere Financial	₹12.9 Lakhs to ₹20.0 Lakhs per year
Mahindra Rural Housing Finance	₹8.9 Lakhs to ₹21.0 Lakhs per year
L&T Finance	₹9.6 Lakhs to ₹19.0 Lakhs per year
TVS Credit	₹4.2 Lakhs to ₹24.5 Lakhs per year
HDB Financial Services	₹9.8 Lakhs to ₹14.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SMFG India Credit, depending on the role and experience level.

What is the salary of a Area Business Manager in companies similar to SMFG India Credit in India?

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

Bajaj Finance	₹10.0 Lakhs to ₹12.7 Lakhs per year
Tata Motors Finance	₹3.2 Lakhs to ₹18.0 Lakhs per year
Veritas Finance	₹6.5 Lakhs to ₹11.0 Lakhs per year
Annapurna Finance	₹5.2 Lakhs to ₹12.4 Lakhs per year
Mahindra Finance	₹3.8 Lakhs to ₹15.0 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 Area Business Manager at SMFG India Credit in India?

The salary growth for a Area Business Manager at SMFG India Credit depends on factors such as experience, performance, and promotions. On average, a Area Business Manager can expect the following growth trajectory at SMFG India Credit:

Experience	Average Salary Range
5 years	₹11.0 Lakhs to ₹19.9 Lakhs per year
6 years	₹11.0 Lakhs to ₹19.9 Lakhs per year
7 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
8 years	₹9.9 Lakhs to ₹12.6 Lakhs per year

and so on.

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SMFG India Credit Area Business Manager Salaries

SMFG India Credit Area Business Manager salary in India ranges between ₹9.6 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SMFG India Credit latest salaries received from various employees of SMFG India Credit.