SMFG India Credit Chennai Assistant Manager Salaries by 9 Employees

1 - 10 years exp.

₹3.3 Lakhs - ₹10.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Assistant Manager Salary in NBFC Companies for 1 - 10 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Customer Success, Service & Operations Assistant Manager Salary 6 - 10 years exp. (5 salaries)	₹5.4 L/yr - ₹8 L/yr
Finance & Accounting Assistant Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.4 L/yr
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BFSI, Investments & Trading Assistant Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹5.8 L/yr

Last Updated: 8 Nov 2024

Companies similar to SMFG India Credit for Assistant Manager in Chennai

SMFG India Credit Assistant Manager Salary

1 - 10 years exp. (9 salaries)

₹3.3 L/yr - ₹10.7 L/yr

Company name	Avg Annual Salary	Open Jobs
TVS Credit Assistant Manager Salary 1 - 11 years exp. (129 salaries)	₹3 L/yr - ₹8.5 L/yr 13% less
Muthoot Finance Assistant Manager Salary 0 - 10 years exp. (113 salaries)	₹2.2 L/yr - ₹5 L/yr 39% less	1 job opening
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Bajaj Finance Assistant Manager Salary 0 - 10 years exp. (85 salaries)	₹2 L/yr - ₹6.3 L/yr 32% less	511 job openings
Shriram Finance Assistant Manager Salary 0 - 15 years exp. (72 salaries)	₹1.7 L/yr - ₹5.5 L/yr 44% less	2 job openings
HDB Financial Services Assistant Manager Salary 2 - 13 years exp. (55 salaries)	₹1.7 L/yr - ₹7 L/yr 40% less
Manappuram Finance Assistant Manager Salary 0 - 6 years exp. (51 salaries)	₹1.4 L/yr - ₹4.5 L/yr 53% less	5 job openings
Asirvad Microfinance Assistant Manager Salary 0 - 7 years exp. (37 salaries)	₹1.8 L/yr - ₹6.3 L/yr 50% less
Veritas Finance Assistant Manager Salary 4 - 8 years exp. (18 salaries)	₹3.5 L/yr - ₹6 L/yr 26% less
Mahindra Finance Assistant Manager Salary 6 - 9 years exp. (12 salaries)	₹3.1 L/yr - ₹5.5 L/yr 28% less
Muthoot Fincorp Assistant Manager Salary 0 - 9 years exp. (10 salaries)	₹2 L/yr - ₹5 L/yr 41% less
L&T Finance Assistant Manager Salary 3 - 9 years exp. (9 salaries)	₹3.8 L/yr - ₹8 L/yr 18% less
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Mahindra Rural Housing Finance Assistant Manager Salary 6 - 10 years exp. (4 salaries)	₹3.2 L/yr - ₹4.9 L/yr 37% less

Assistant Manager salary at SMFG India Credit ranges between ₹3.3 Lakhs to ₹10.7 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 9 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Assistant Manager salaries in Chennai

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
2 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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3 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
4 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 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.

60% hike

Senior Manager

7 - 16 years exp.

79% 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

Senior Officer Salary

(13 salaries)

₹1.2 L/yr - ₹3.3 L/yr

Relationship Manager Salary

(8 salaries)

₹3.2 L/yr - ₹4.5 L/yr

Branch Manager Salary

(5 salaries)

₹7 L/yr - ₹13.25 L/yr

Team Manager Salary

(3 salaries)

₹4 L/yr - ₹10.47 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 7 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

see more salary related reviews

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Top trending discussions

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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 Salary FAQs

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

The average salary of a Assistant Manager at SMFG India Credit in Chennai typically ranges from ₹3.3 Lakhs to ₹10.7 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Assistant Manager in Chennai at SMFG India Credit earn more than ₹10.7 Lakhs per year, and the top 1% earn over ₹12.5 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 9 SMFG India Credit employees in India.

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

The estimated take-home salary of a Assistant Manager at SMFG India Credit in Chennai typically ranges from ₹51,117 to ₹52,323 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹10.7 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 9 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 in Chennai?

To be a Assistant Manager at SMFG India Credit in Chennai, 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.

What is the salary of a Assistant Manager in companies similar to SMFG India Credit in Chennai?

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

TVS Credit	₹3.0 Lakhs to ₹8.5 Lakhs per year
L&T Finance	₹3.8 Lakhs to ₹8.0 Lakhs per year
Veritas Finance	₹3.5 Lakhs to ₹6.0 Lakhs per year
Mahindra Finance	₹3.1 Lakhs to ₹5.5 Lakhs per year
Bajaj Finance	₹2.0 Lakhs to ₹6.3 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 Chennai?

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

Experience	Average Salary Range
1 year	₹6.6 Lakhs to ₹8.4 Lakhs per year
2 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
3 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
4 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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SMFG India Credit Assistant Manager Salaries in Chennai

SMFG India Credit Assistant Manager salary in Chennai ranges between ₹3.3 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 SMFG India Credit latest salaries received from various employees of SMFG India Credit.