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SMFG India Credit Area Credit Manager salaries in India (Updated 2025)

Annual salary range
5 - 14 years exp.
₹6 Lakhs - ₹23.7 Lakhs
Salary of majority employees
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18% more than the average Area Credit Manager Salary in NBFC Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
5 - 11 years exp. (20 salaries)
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₹8.5 L/yr - ₹23.7 L/yr

Finance & Accounting
Area Credit Manager Salary
5 - 11 years exp. (8 salaries)
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₹10 L/yr - ₹21.5 L/yr

Risk Management & Compliance
Area Credit Manager Salary
5 - 14 years exp. (6 salaries)
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₹6 L/yr - ₹22 L/yr

Customer Success, Service & Operations
Area Credit Manager Salary
6 - 13 years exp. (AmbitionBox Estimate)
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₹9.2 L/yr - ₹15.2 L/yr

Last Updated: 23 Feb 2025

Companies similar to SMFG India Credit for Area Credit Manager

Company name Avg Annual Salary Open Jobs
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₹6.1 L/yr - ₹16.5 L/yr

arrow icon 23% less
1 job opening
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L&T Finance Area Credit Manager Salary

4 - 13 years exp. (135 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 5% less
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Aditya Birla Finance Area Credit Manager Salary

6 - 15 years exp. (118 salaries)

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₹8.1 L/yr - ₹21.5 L/yr

arrow icon 2% more
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Bajaj Finance Area Credit Manager Salary

3 - 12 years exp. (91 salaries)

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₹4.4 L/yr - ₹14 L/yr

arrow icon 31% less
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Veritas Finance Area Credit Manager Salary

5 - 12 years exp. (54 salaries)

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₹3 L/yr - ₹8.7 L/yr

arrow icon 53% less
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₹5.6 L/yr - ₹14.8 L/yr

arrow icon 36% less
1 job opening
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IIFL Finance Area Credit Manager Salary

3 - 11 years exp. (32 salaries)

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₹5.2 L/yr - ₹19.2 L/yr

arrow icon 25% less
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Muthoot Microfin Area Credit Manager Salary

2 - 8 years exp. (28 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 73% less
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IIFL SAMASTA Area Credit Manager Salary

3 - 7 years exp. (26 salaries)

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₹2 L/yr - ₹5.2 L/yr

arrow icon 72% less
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SK Finance Limited Area Credit Manager Salary

5 - 13 years exp. (26 salaries)

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₹4.8 L/yr - ₹9.6 L/yr

arrow icon 50% less
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Tata Motors Finance Area Credit Manager Salary

0 - 16 years exp. (24 salaries)

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₹5.5 L/yr - ₹12.9 L/yr

arrow icon 35% less
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Shriram Finance Area Credit Manager Salary

5 - 13 years exp. (21 salaries)

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₹9.5 L/yr - ₹21 L/yr

arrow icon 2% more
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CreditAccess Grameen Area Credit Manager Salary

5 - 17 years exp. (16 salaries)

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₹4.5 L/yr - ₹13.1 L/yr

arrow icon 40% less
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TVS Credit Area Credit Manager Salary

5 - 25 years exp. (10 salaries)

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₹6.6 L/yr - ₹15.1 L/yr

arrow icon 23% less
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Muthoot Fincorp Area Credit Manager Salary

2 - 11 years exp. (7 salaries)

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₹2.2 L/yr - ₹9 L/yr

arrow icon 56% less
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Mahindra Finance Area Credit Manager Salary

7 - 16 years exp. (7 salaries)

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₹5.5 L/yr - ₹14 L/yr

arrow icon 33% less
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₹4.3 L/yr - ₹9 L/yr

arrow icon 55% less
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₹10.3 L/yr - ₹15 L/yr

arrow icon 19% less
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Svatantra Microfin Area Credit Manager Salary

4 - 10 years exp. (5 salaries)

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₹5.5 L/yr - ₹6.3 L/yr

arrow icon 58% less
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Annapurna Finance Area Credit Manager Salary

8 - 16 years exp. (4 salaries)

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₹5 L/yr - ₹10.5 L/yr

arrow icon 43% less
View all
Area Credit Manager salary at SMFG India Credit ranges between ₹6 Lakhs to ₹23.7 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 41 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Area Credit Manager

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Experience wise SMFG India Credit Area Credit Manager salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
5 years  (7 salaries)

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₹10 L/yr - ₹16 L/yr
6 years  (5 salaries)

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₹8.5 L/yr - ₹16 L/yr
7 years  (7 salaries)

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₹6 L/yr - ₹18.5 L/yr
8 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹14 L/yr
9 years  (6 salaries)

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₹7.5 L/yr - ₹21.5 L/yr
View all

Similar Designation salaries in SMFG India Credit

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₹28.8 L/yr - ₹38.2 L/yr
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₹1.85 L/yr - ₹9.25 L/yr
Credit Manager Salary
(342 salaries)
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₹2.35 L/yr - ₹10.9 L/yr
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₹4.6 L/yr - ₹18.5 L/yr
Deputy Credit Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
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₹21 L/yr - ₹40 L/yr
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₹2.2 L/yr - ₹3 L/yr
Branch Manager Salary
(46 salaries)
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₹3.44 L/yr - ₹12.65 L/yr
Sales Manager Salary
(223 salaries)
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₹1.8 L/yr - ₹9.44 L/yr
Credit Officer Salary
(99 salaries)
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₹0.95 L/yr - ₹4.5 L/yr

Top skills at SMFG India Credit for Area Credit Manager

Credit Management Credit Underwriting Mortgage Team Management Lap Lap Credit Management

Salary related reviews for SMFG India Credit

3.6

Rated by 4 employees for salary & benefits

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

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 24 Mar 2023

5.0
 for  Salary and Benefits

Likes

I am very happy from this this company People Management, Working Pattern, Salary & Perks, Work Life Balance except other things like Learning & Development, Motivational Thoughts.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Learning & Development, Next Level (Promotion).

  • Skill development - Poor
  • +1 more

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.

read more

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.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Poor customer service &high interest rate

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.

read more
  • Skill development - Bad
  • +1 more
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SMFG India Credit Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at SMFG India Credit ?
The average salary of a Area Credit Manager at SMFG India Credit in India typically ranges from ₹6.0 Lakhs to ₹23.7 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Area Credit Manager at SMFG India Credit earn more than ₹20.9 Lakhs per year, and the top 1% earn over ₹23.7 Lakhs per year. Area Credit 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 40+ SMFG India Credit employees in India.
What is the estimated take home salary of a Area Credit Manager at SMFG India Credit in India?
The estimated take-home salary of a Area Credit Manager at SMFG India Credit in India typically ranges from ₹99,075 to ₹1,01,767 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹23.7 Lakhs per year for employees with experience ranging from 5 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 40+ salaries received from various employees of SMFG India Credit. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Area Credit Manager at SMFG India Credit ?
To be a Area Credit Manager at SMFG India Credit in india, the key skills required include:

  • - Credit Management
  • - Credit Underwriting
  • - Mortgage
  • - Team Management
  • - Lap

These skills are highly valued at SMFG India Credit and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SMFG India Credit for Area Credit Manager in India?
Aditya Birla Finance ₹8.1 Lakhs to ₹21.5 Lakhs per year
Shriram Finance ₹9.5 Lakhs to ₹21.0 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 Credit Manager in companies similar to SMFG India Credit in India?
The salary of a Area Credit 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:

L&T Finance ₹6.0 Lakhs to ₹20.0 Lakhs per year
John Deere Financial ₹10.3 Lakhs to ₹15.0 Lakhs per year
HDB Financial Services ₹6.1 Lakhs to ₹16.5 Lakhs per year
TVS Credit ₹6.6 Lakhs to ₹15.1 Lakhs per year
IIFL Finance ₹5.2 Lakhs to ₹19.2 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 Credit Manager at SMFG India Credit in India?
The salary growth for a Area Credit Manager at SMFG India Credit depends on factors such as experience, performance, and promotions. On average, a Area Credit Manager can expect the following growth trajectory at SMFG India Credit:

Experience Average Salary Range
5 years ₹10.0 Lakhs to ₹16.0 Lakhs per year
6 years ₹8.5 Lakhs to ₹16.0 Lakhs per year
7 years ₹6.0 Lakhs to ₹18.5 Lakhs per year
8 years ₹7.5 Lakhs to ₹14.0 Lakhs per year
and so on.

Tell us how to improve this page.

SMFG India Credit Area Credit Manager salary in India ranges between ₹6 Lakhs to ₹23.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 41 SMFG India Credit latest salaries received from various employees of SMFG India Credit.