SMFG India Credit Assistant Manager Salaries by 200+ Employees (Updated 2025)

1 - 10 years exp.

₹2 Lakhs - ₹11.1 Lakhs

Salary of majority employees

Fixed (84%)

₹5.8 Lakhs

Variable (16%)

₹1.1 Lakh

19% less than the average Assistant Manager Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Salary 1 - 10 years exp. (38 salaries)	₹3.1 L/yr - ₹11.5 L/yr
BFSI, Investments & Trading Assistant Manager Salary 2 - 10 years exp. (32 salaries)	₹2.2 L/yr - ₹8.7 L/yr
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Finance & Accounting Assistant Manager Salary 1 - 10 years exp. (27 salaries)	₹2.2 L/yr - ₹11.2 L/yr
Sales & Business Development Assistant Manager Salary 4 - 9 years exp. (17 salaries)	₹2 L/yr - ₹6 L/yr
Data Science & Analytics Assistant Manager Salary 2 - 10 years exp. (12 salaries)	₹5.1 L/yr - ₹13 L/yr

View all

Last Updated: 14 Mar 2025

Companies similar to SMFG India Credit for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Manager Salary 0 - 13 years exp. (1.4k salaries)	₹1.5 L/yr - ₹8.1 L/yr 30% less	850 job openings
Muthoot Finance Assistant Manager Salary 0 - 10 years exp. (746 salaries)	₹1.5 L/yr - ₹5.7 L/yr 42% less
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IIFL Finance Assistant Manager Salary 0 - 11 years exp. (696 salaries)	₹2.2 L/yr - ₹6.5 L/yr 44% less
HDB Financial Services Assistant Manager Salary 1 - 13 years exp. (537 salaries)	₹1.7 L/yr - ₹7.8 L/yr 35% less
Shriram Finance Assistant Manager Salary 0 - 15 years exp. (515 salaries)	₹1.6 L/yr - ₹6 L/yr 45% less	2 job openings
Manappuram Finance Assistant Manager Salary 0 - 7 years exp. (458 salaries)	₹1 L/yr - ₹6 L/yr 49% less	4 job openings
L&T Finance Assistant Manager Salary 1 - 10 years exp. (308 salaries)	₹2 L/yr - ₹10 L/yr 17% less
Home Credit Finance Assistant Manager Salary 2 - 14 years exp. (265 salaries)	₹4.5 L/yr - ₹16 L/yr 36% more	15 job openings
Mahindra Finance Assistant Manager Salary 3 - 10 years exp. (244 salaries)	₹1.8 L/yr - ₹10 L/yr 22% less	2 job openings
TVS Credit Assistant Manager Salary 1 - 11 years exp. (230 salaries)	₹3 L/yr - ₹8 L/yr 21% less

View all

Assistant Manager salary at SMFG India Credit ranges between ₹2 Lakhs to ₹11.1 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 210 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Assistant Manager salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
1 year (21 salaries)	₹5.4 L/yr - ₹12.7 L/yr
2 years (12 salaries)	₹5.4 L/yr - ₹13.1 L/yr
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3 years (9 salaries)	₹3.1 L/yr - ₹12.9 L/yr
4 years (25 salaries)	₹2.1 L/yr - ₹10.7 L/yr
5 years (34 salaries)	₹2 L/yr - ₹12 L/yr
6 years (32 salaries)	₹2 L/yr - ₹10 L/yr
7 years (22 salaries)	₹3 L/yr - ₹10.9 L/yr
8 years (23 salaries)	₹2.2 L/yr - ₹10.3 L/yr
9 years (17 salaries)	₹2.2 L/yr - ₹11 L/yr
10 years (15 salaries)	₹4.9 L/yr - ₹9 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

1 - 10 years exp.

Assistant Vice President

₹

Lakhs/yr

6 - 19 years exp.

Assistant Manager

1 - 10 years exp.

Manager

1 - 10 years exp.

63% hike

Senior Manager

6 - 16 years exp.

75% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SMFG India Credit

Department Manager Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Assistant Branch Manager Salary

(57 salaries)

₹1.85 L/yr - ₹4.58 L/yr

Operations Manager Salary

(33 salaries)

₹2 L/yr - ₹9.25 L/yr

Team Manager Salary

(12 salaries)

₹3.5 L/yr - ₹12.65 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Branch Manager Salary

(46 salaries)

₹3.44 L/yr - ₹12.65 L/yr

Deputy Manager Salary

(6 salaries)

₹3.85 L/yr - ₹7.43 L/yr

Sales Manager Salary

(222 salaries)

₹1.8 L/yr - ₹10 L/yr

Relationship Manager Salary

(326 salaries)

₹2.35 L/yr - ₹6.6 L/yr

Senior Officer Salary

(34 salaries)

₹1.2 L/yr - ₹3.84 L/yr

Top skills at SMFG India Credit for Assistant Manager

Risk Control Internal Control Compliance Credit Operations Auditing

Salary related reviews for SMFG India Credit

4.0

Rated by 53 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

Operations Executive in Chennai

Full Time

Human Resources Department

3.0

• posted on 02 May 2021

1.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive

Job security - Excellent

+1 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is below decent & career growth is slow. Even during lockdown we worked from home using our personal computer and internet they didn't even give compensation instead reduced our appraisal bonus as 60% and increment as only 6%

Salary - Bad

+3 more

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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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SMFG India Credit Assistant Manager Salary FAQs

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

The average salary of a Assistant Manager at SMFG India Credit in India typically ranges from ₹2.0 Lakhs to ₹11.1 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Assistant Manager at SMFG India Credit earn more than ₹11.1 Lakhs per year, and the top 1% earn over ₹14.4 Lakhs per year. Assistant 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 200+ SMFG India Credit employees in India.

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

The estimated take-home salary of a Assistant Manager at SMFG India Credit in India typically ranges from ₹52,761 to ₹54,004 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹11.1 Lakhs per year for employees with experience ranging from 1 year 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 200+ 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 Assistant Manager at SMFG India Credit ?

To be a Assistant Manager at SMFG India Credit in india, the key skills required include:

- Risk Control
- Internal Control
- Compliance
- Credit Operations
- Auditing

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 Assistant Manager in India?

Home Credit Finance

₹4.5 Lakhs to ₹16.0 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 Assistant Manager in companies similar to SMFG India Credit in India?

The salary of a Assistant 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:

CreditAccess Grameen	₹1.7 Lakhs to ₹10.6 Lakhs per year
Bharat Financial Inclusion	₹2.0 Lakhs to ₹8.3 Lakhs per year
L&T Finance	₹2.0 Lakhs to ₹10.0 Lakhs per year
TVS Credit	₹3.0 Lakhs to ₹8.0 Lakhs per year
Mahindra Finance	₹1.8 Lakhs to ₹10.0 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 Assistant Manager at SMFG India Credit in India?

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

Experience	Average Salary Range
1 year	₹5.4 Lakhs to ₹12.7 Lakhs per year
2 years	₹5.4 Lakhs to ₹13.1 Lakhs per year
3 years	₹3.1 Lakhs to ₹12.9 Lakhs per year
4 years	₹2.1 Lakhs to ₹10.7 Lakhs per year

and so on.

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SMFG India Credit Assistant Manager Salaries by Location

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SMFG India Credit Assistant Manager Salaries

SMFG India Credit Assistant Manager salary in India ranges between ₹2 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 210 SMFG India Credit latest salaries received from various employees of SMFG India Credit.

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

Companies similar to SMFG India Credit for Assistant Manager

Latest annual salaries shared by SMFG India Credit Assistant Manager

Experience wise SMFG India Credit Assistant Manager salaries

Similar Designation salaries in SMFG India Credit

Top skills at SMFG India Credit for Assistant Manager

Salary related reviews for SMFG India Credit

Sales Manager in Kadapa

Sales Manager in Chhindwara

Sales Manager in Jorhat

Operations Executive in Chennai

Sales Manager in Hyderabad / Secunderabad

SMFG India Credit Assistant Manager Salary FAQs

Tell us how to improve this page.

SMFG India Credit Assistant Manager Salaries by Location