SMFG India Credit Assistant Credit Manager Salaries by 4 Employees

1 - 2 years exp.

₹2.2 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Assistant Credit Manager Salary in NBFC Companies for 1 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Credit Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.1 L/yr
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Shipping & Maritime Assistant Credit Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 5 Jun 2023

Companies similar to SMFG India Credit for Assistant Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Credit Manager Salary 1 - 6 years exp. (117 salaries)	₹2.2 L/yr - ₹6 L/yr 44% more	9 job openings
Aye Finance Assistant Credit Manager Salary 3 - 9 years exp. (112 salaries)	₹2.9 L/yr - ₹5.3 L/yr 52% more
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Mahindra Rural Housing Finance Assistant Credit Manager Salary 3 - 10 years exp. (62 salaries)	₹2.3 L/yr - ₹6 L/yr 67% more
Shriram Finance Assistant Credit Manager Salary 2 - 12 years exp. (58 salaries)	₹1.8 L/yr - ₹5.3 L/yr 31% more
Annapurna Finance Assistant Credit Manager Salary 2 - 8 years exp. (29 salaries)	₹2 L/yr - ₹4.5 L/yr 5% more
IIFL Finance Assistant Credit Manager Salary 1 - 10 years exp. (19 salaries)	₹3 L/yr - ₹6.5 L/yr 59% more
SK Finance Limited Assistant Credit Manager Salary 3 - 8 years exp. (18 salaries)	₹3 L/yr - ₹5 L/yr 45% more
HDB Financial Services Assistant Credit Manager Salary 3 - 9 years exp. (15 salaries)	₹2.5 L/yr - ₹5 L/yr 39% more
Mahindra Finance Assistant Credit Manager Salary 3 - 9 years exp. (14 salaries)	₹3 L/yr - ₹6.3 L/yr 79% more
TVS Credit Assistant Credit Manager Salary 1 - 9 years exp. (13 salaries)	₹3.1 L/yr - ₹6.3 L/yr 64% more
Manappuram Finance Assistant Credit Manager Salary 4 - 9 years exp. (9 salaries)	₹3.1 L/yr - ₹5.5 L/yr 62% more
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Arohan Financial Services Assistant Credit Manager Salary 1 - 11 years exp. (6 salaries)	₹5 L/yr - ₹6 L/yr 108% more
Veritas Finance Assistant Credit Manager Salary 4 - 7 years exp. (6 salaries)	₹4 L/yr - ₹4.8 L/yr 70% more
Muthoot Finance Assistant Credit Manager Salary 3 - 6 years exp. (6 salaries)	₹3.9 L/yr - ₹6 L/yr 63% more
Satin Finserv Assistant Credit Manager Salary 1 - 8 years exp. (6 salaries)	₹3.3 L/yr - ₹4 L/yr 39% more
Fusion Microfinance Assistant Credit Manager Salary 1 - 9 years exp. (5 salaries)	₹4.3 L/yr - ₹5.1 L/yr 72% more
Tata Motors Finance Assistant Credit Manager Salary 1 - 3 years exp. (5 salaries)	₹3.8 L/yr - ₹6 L/yr 93% more
Muthoot Fincorp Assistant Credit Manager Salary 3 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 38% more
IIFL SAMASTA Assistant Credit Manager Salary 3 - 6 years exp. (3 salaries)	₹3 L/yr - ₹4.1 L/yr 36% more
Spandana Sphoorty Financial Assistant Credit Manager Salary 3 - 6 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr 79% more

Assistant Credit Manager salary at SMFG India Credit ranges between ₹2.2 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Assistant Credit Manager salaries

Last Updated: 5 Jun 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.2 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

Similar Designation salaries in SMFG India Credit

Regional Credit Manager Salary

(14 salaries)

₹21 L/yr - ₹40 L/yr

Area Credit Manager Salary

(41 salaries)

₹6 L/yr - ₹23.73 L/yr

Cluster Credit Manager Salary

(53 salaries)

₹4.6 L/yr - ₹18.5 L/yr

Branch Credit Manager Salary

(245 salaries)

₹1.85 L/yr - ₹9.25 L/yr

Zonal Credit Manager Salary

(3 salaries)

₹28.8 L/yr - ₹38.2 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Credit Manager Salary

(345 salaries)

₹2.35 L/yr - ₹11.1 L/yr

Senior Credit Officer Salary

(11 salaries)

₹1.43 L/yr - ₹3 L/yr

Relationship Manager Salary

(85 salaries)

₹2.4 L/yr - ₹6.25 L/yr

Branch Manager Salary

(46 salaries)

₹3.44 L/yr - ₹12.65 L/yr

Salary related reviews for SMFG India Credit

5.0

Rated by 2 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

Officer in Mumbai

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.

Salary - Excellent

+4 more

Dislikes

Learning & Development, Next Level (Promotion).

Skill development - Poor

+1 more

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

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 Assistant Credit Manager Salary FAQs

What is the salary of Assistant Credit Manager at SMFG India Credit ?

The average salary of a Assistant Credit Manager at SMFG India Credit in India typically ranges from ₹2.2 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Assistant Credit Manager at SMFG India Credit earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Assistant 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 4 SMFG India Credit employees in India.

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

The estimated take-home salary of a Assistant Credit Manager at SMFG India Credit in India typically ranges from ₹19,051 to ₹20,729 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 2 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 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 Assistant Credit Manager in India?

Arohan Financial Services	₹5.0 Lakhs to ₹6.0 Lakhs per year
Tata Motors Finance	₹3.8 Lakhs to ₹6.0 Lakhs per year
Spandana Sphoorty Financial	₹4.2 Lakhs to ₹5.8 Lakhs per year
Mahindra Finance	₹3.0 Lakhs to ₹6.3 Lakhs per year
Fusion Microfinance	₹4.3 Lakhs to ₹5.1 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 Assistant Credit Manager in companies similar to SMFG India Credit in India?

The salary of a Assistant 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:

Veritas Finance	₹4.0 Lakhs to ₹4.8 Lakhs per year
Mahindra Rural Housing Finance	₹2.3 Lakhs to ₹6.0 Lakhs per year
TVS Credit	₹3.1 Lakhs to ₹6.3 Lakhs per year
Muthoot Finance	₹3.9 Lakhs to ₹6.0 Lakhs per year
Manappuram Finance	₹3.1 Lakhs to ₹5.5 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 Assistant Credit Manager at SMFG India Credit in India?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.0 Lakhs per year

and so on.

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SMFG India Credit Assistant Credit Manager Salaries

SMFG India Credit Assistant Credit Manager salary in India ranges between ₹2.2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SMFG India Credit latest salaries received from various employees of SMFG India Credit.