SMFG India Credit Assistant Manager Collections Salaries by 4 Employees

0 - 10 years exp.

₹5.2 Lakhs - ₹6.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

36% more than the average Assistant Manager Collections Salary in NBFC Companies for 0 - 10 years of experience

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Last Updated: 31 Oct 2024

Companies similar to SMFG India Credit for Assistant Manager Collections

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Manager Collections Salary 2 - 9 years exp. (260 salaries)	₹1.7 L/yr - ₹6.2 L/yr 26% less
HDB Financial Services Assistant Manager Collections Salary 3 - 10 years exp. (38 salaries)	₹2.3 L/yr - ₹4.8 L/yr 38% less
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Tata Motors Finance Assistant Manager Collections Salary 0 - 12 years exp. (31 salaries)	₹2 L/yr - ₹5 L/yr 39% less
Aye Finance Assistant Manager Collections Salary 4 - 10 years exp. (21 salaries)	₹2.5 L/yr - ₹4.5 L/yr 33% less
Mahindra Finance Assistant Manager Collections Salary 3 - 10 years exp. (17 salaries)	₹2 L/yr - ₹5.2 L/yr 37% less
IIFL Finance Assistant Manager Collections Salary 5 - 13 years exp. (15 salaries)	₹2.1 L/yr - ₹5 L/yr 37% less
Shriram Finance Assistant Manager Collections Salary 1 - 10 years exp. (14 salaries)	₹2.2 L/yr - ₹4.5 L/yr 33% less
Home Credit Finance Assistant Manager Collections Salary 9 - 15 years exp. (5 salaries)	₹4.1 L/yr - ₹9.2 L/yr 35% more
L&T Finance Assistant Manager Collections Salary 4 - 9 years exp. (5 salaries)	₹4.5 L/yr - ₹6.5 L/yr 3% less
Muthoot Fincorp Assistant Manager Collections Salary 3 - 4 years exp. (4 salaries)	₹3 L/yr - ₹3.7 L/yr 43% less
Fusion Microfinance Assistant Manager Collections Salary 3 - 10 years exp. (4 salaries)	₹1.9 L/yr - ₹4.8 L/yr 41% less
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Muthoot Finance Assistant Manager Collections Salary 1 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹6 L/yr 19% less
Aditya Birla Finance Assistant Manager Collections Salary 4 - 5 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 32% less
Satin Creditcare Network Assistant Manager Collections Salary 3 - 7 years exp. (3 salaries)	₹3.4 L/yr - ₹3.9 L/yr 37% less
Mahindra Rural Housing Finance Assistant Manager Collections Salary 6 - 13 years exp. (3 salaries)	₹4.1 L/yr - ₹5 L/yr 23% less
TVS Credit Assistant Manager Collections Salary 5 - 7 years exp. (3 salaries)	₹3 L/yr - ₹3.8 L/yr 41% less
Veritas Finance Assistant Manager Collections Salary 2 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹6.2 L/yr 33% less

Assistant Manager Collections salary at SMFG India Credit ranges between ₹5.2 Lakhs to ₹6.2 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Assistant Manager Collections salaries

Last Updated: 31 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.2 L/yr
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.2 L/yr
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.2 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹6.2 L/yr

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Salary related reviews for SMFG India Credit

5.0

Rated by 3 employees for salary & benefits

Transaction Officer in Lucknow

Full Time

Risk Management & Compliance Department

2.0

• posted on 28 Oct 2024

3.0

for Salary and Benefits

Likes

One thing is better that salary will credit on last day of month and everythings are bad for every staff. Work load is too high that a person can suiside.

Dislikes

Overall score not good. Company culture इस very bad. 16hrs work in everyday since morning late night 11:30 PM. No leave and no bonus. Work load is too high that a person can suside by stress/pressure. All day working

Skill development - Bad

+3 more

Individual Relationship Officer in Warangal

Full Time

Other Department

1.0

• posted on 05 Jan 2025

2.0

for Salary and Benefits

Likes

Working on SMFG INDIA credit company very greatfull work

Work satisfaction - Good

Dislikes

...ter behaviour and culture not good for IROs And more unperlamentary words used.my salary hold and not cooperating with us.

Salary - Poor

+2 more

Branch Collection Incharge in Godhra

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Jul 2023

3.0

for Salary and Benefits

Likes

Salary and flexible hours

Dislikes

No job security they are not ready to listen employee problem if someone against him HR makes him pressurized to Resign or thet will abscond only top level managers job are safe lower level employees job are not safe they put that employee as hold on work and Making them pressure for Resign HR in Not Individual department in Fullerton they do as top manegers Insist

Skill development - Bad

+5 more

Collection Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 29 Sep 2023

5.0

for Salary and Benefits

Likes

I am happy with working pattern like a home, salary,perks is heigher from a standards MNC . I had given 💯 percentage from our end.

Salary - Excellent

+3 more

Dislikes

Some time learning and promotion things not meet accordance to me. Overall some time happy rather not satisfied.

Promotions - Poor

Territory Collection Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 12 Sep 2023

4.0

for Salary and Benefits

Likes

The salary package & the incentives paid is good.

Salary - Good

Dislikes

Time management, not understanding employee needed during various situation & not handling the employees softly & clearing customers issues, not done till date.

Skill development - Poor

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SMFG India Credit Assistant Manager Collections Salary FAQs

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

The average salary of a Assistant Manager Collections at SMFG India Credit in India typically ranges from ₹5.2 Lakhs to ₹6.2 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Assistant Manager Collections at SMFG India Credit earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Assistant Manager Collections 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 Manager Collections at SMFG India Credit in India?

The estimated take-home salary of a Assistant Manager Collections at SMFG India Credit in India typically ranges from ₹42,964 to ₹44,085 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from Fresher 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 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 Manager Collections in India?

Home Credit Finance

₹4.1 Lakhs to ₹9.2 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 Collections in companies similar to SMFG India Credit in India?

The salary of a Assistant Manager Collections 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	₹4.5 Lakhs to ₹6.5 Lakhs per year
Muthoot Finance	₹3.8 Lakhs to ₹6.0 Lakhs per year
Mahindra Rural Housing Finance	₹4.1 Lakhs to ₹5.0 Lakhs per year
Bajaj Finance	₹1.7 Lakhs to ₹6.2 Lakhs per year
Aditya Birla Finance	₹3.0 Lakhs to ₹5.0 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 Collections at SMFG India Credit in India?

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

Experience	Average Salary Range
Fresher	₹5.2 Lakhs to ₹5.2 Lakhs per year
1 year	₹4.7 Lakhs to ₹6.0 Lakhs per year
2 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
3 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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SMFG India Credit Assistant Manager Collections Salaries

SMFG India Credit Assistant Manager Collections salary in India ranges between ₹5.2 Lakhs to ₹6.2 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.