SMFG India Credit Associate Vice President Salaries by 30+ Employees (Updated 2025)

6 - 19 years exp.

₹13.5 Lakhs - ₹49 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Associate Vice President Salary in NBFC Companies for 6 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 7 - 19 years exp. (10 salaries)	₹18.2 L/yr - ₹32.4 L/yr
Data Science & Analytics Associate Vice President Salary 6 - 12 years exp. (4 salaries)	₹25 L/yr - ₹37.5 L/yr
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Sales & Business Development Associate Vice President Salary 11 - 18 years exp. (4 salaries)	₹23 L/yr - ₹33 L/yr
Risk Management & Compliance Associate Vice President Salary 11 - 18 years exp. (4 salaries)	₹29.9 L/yr - ₹33.6 L/yr
Engineering - Software & QA Associate Vice President Salary 12 - 14 years exp. (3 salaries)	₹31 L/yr - ₹49 L/yr

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Last Updated: 1 Feb 2025

Companies similar to SMFG India Credit for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Associate Vice President Salary 8 - 20 years exp. (60 salaries)	₹8.3 L/yr - ₹29 L/yr 45% less
Spandana Sphoorty Financial Associate Vice President Salary 3 - 16 years exp. (28 salaries)	₹6.1 L/yr - ₹25.6 L/yr 52% less
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Tata Motors Finance Associate Vice President Salary 14 - 23 years exp. (21 salaries)	₹19 L/yr - ₹52 L/yr 13% more
Muthoot Microfin Associate Vice President Salary 10 - 19 years exp. (9 salaries)	₹14.2 L/yr - ₹21.2 L/yr 44% less
TVS Credit Associate Vice President Salary 20 - 25 years exp. (9 salaries)	₹23.2 L/yr - ₹55 L/yr 41% more
Muthoot Fincorp Associate Vice President Salary 16 - 25 years exp. (6 salaries)	₹14.1 L/yr - ₹30 L/yr 34% less
Aditya Birla Finance Associate Vice President Salary 7 - 23 years exp. (6 salaries)	₹26 L/yr - ₹38 L/yr 10% more
Satin Creditcare Network Associate Vice President Salary 11 - 13 years exp. (6 salaries)	₹19 L/yr - ₹28 L/yr 27% less
HDB Financial Services Associate Vice President Salary 0 - 21 years exp. (6 salaries)	₹19 L/yr - ₹30.2 L/yr 20% less
Home Credit Finance Associate Vice President Salary 12 - 17 years exp. (5 salaries)	₹19 L/yr - ₹45 L/yr 3% more
SK Finance Limited Associate Vice President Salary 15 - 19 years exp. (5 salaries)	₹16 L/yr - ₹24 L/yr 32% less
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Annapurna Finance Associate Vice President Salary 6 - 16 years exp. (5 salaries)	₹11 L/yr - ₹38 L/yr 20% less
Bajaj Finance Associate Vice President Salary 5 - 15 years exp. (5 salaries)	₹16.8 L/yr - ₹33.8 L/yr 14% less
Bharat Financial Inclusion Associate Vice President Salary 10 - 15 years exp. (4 salaries)	₹34.4 L/yr - ₹40.5 L/yr 22% more
Aye Finance Associate Vice President Salary 5 - 18 years exp. (4 salaries)	₹13.2 L/yr - ₹26 L/yr 29% less
Shriram Finance Associate Vice President Salary 4 - 8 years exp. (4 salaries)	₹21.2 L/yr - ₹29 L/yr 22% less
CreditAccess Grameen Associate Vice President Salary 10 - 22 years exp. (4 salaries)	₹29.4 L/yr - ₹48 L/yr 26% more
Asirvad Microfinance Associate Vice President Salary 10 - 14 years exp. (3 salaries)	₹10.2 L/yr - ₹18 L/yr 58% less
Mahindra Finance Associate Vice President Salary 16 - 19 years exp. (3 salaries)	₹27.7 L/yr - ₹33 L/yr 2% less
L&T Finance Associate Vice President Salary 11 - 12 years exp. (3 salaries)	₹17 L/yr - ₹36 L/yr 16% less

Associate Vice President salary at SMFG India Credit ranges between ₹13.5 Lakhs to ₹49 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 37 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Associate Vice President

3d ago

₹43 Lakhs

11 years exp.

1w ago

₹45 Lakhs

12 years exp.

2w ago

₹45 Lakhs

12 years exp.

2mo ago

₹49 Lakhs

14 years exp.

8mo ago

₹29.9 Lakhs

18 years exp.

1y ago

17 years exp.

1y ago

6 years exp.

1y ago

13 years exp.

1y ago

19 years exp.

1y ago

15 years exp.

Experience wise SMFG India Credit Associate Vice President salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹25 L/yr - ₹42 L/yr
7 years (AmbitionBox Estimate)	₹25 L/yr - ₹37.5 L/yr
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8 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹37.5 L/yr
9 years (AmbitionBox Estimate)	₹21.2 L/yr - ₹58.4 L/yr
10 years (3 salaries)	₹22.4 L/yr - ₹58 L/yr
11 years (8 salaries)	₹13.5 L/yr - ₹43 L/yr
12 years (5 salaries)	₹12.7 L/yr - ₹45 L/yr
13 years (AmbitionBox Estimate)	₹18 L/yr - ₹42 L/yr
14 years (AmbitionBox Estimate)	₹24 L/yr - ₹49 L/yr
15+ years (9 salaries)	₹18.2 L/yr - ₹55 L/yr

View all

Similar Designation salaries in SMFG India Credit

Associate Consultant Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Technical Architect Salary

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₹19.8 L/yr - ₹25.3 L/yr

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(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

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₹6.72 L/yr - ₹15.05 L/yr

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(3 salaries)

₹51 L/yr - ₹60 L/yr

Senior Engineer Salary

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₹21.4 L/yr - ₹27.4 L/yr

Project Manager Salary

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₹8.6 L/yr - ₹27 L/yr

Technical Specialist Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Module Lead Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Senior Software Engineer Salary

(3 salaries)

₹6 L/yr - ₹20 L/yr

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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 Associate Vice President Salary FAQs

What is the salary of Associate Vice President at SMFG India Credit ?

The average salary of a Associate Vice President at SMFG India Credit in India typically ranges from ₹13.5 Lakhs to ₹49.0 Lakhs per year, depending on experience (from 6 years to 19 years).

The top 10% of Associate Vice President at SMFG India Credit earn more than ₹42.8 Lakhs per year, and the top 1% earn over ₹49.0 Lakhs per year. Associate Vice President 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 30+ SMFG India Credit employees in India.

What is the estimated take home salary of a Associate Vice President at SMFG India Credit in India?

The estimated take-home salary of a Associate Vice President at SMFG India Credit in India typically ranges from ₹1,93,752 to ₹2,01,376 per month. This is based on the average salary range of ₹13.5 Lakhs to ₹49.0 Lakhs per year for employees with experience ranging from 6 years to 19 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 30+ 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 Associate Vice President in India?

TVS Credit	₹23.2 Lakhs to ₹55.0 Lakhs per year
CreditAccess Grameen	₹29.4 Lakhs to ₹48.0 Lakhs per year
Bharat Financial Inclusion	₹34.4 Lakhs to ₹40.5 Lakhs per year
Tata Motors Finance	₹19.0 Lakhs to ₹52.0 Lakhs per year
Aditya Birla Finance	₹26.0 Lakhs to ₹38.0 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 Associate Vice President in companies similar to SMFG India Credit in India?

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

Home Credit Finance	₹19.0 Lakhs to ₹45.0 Lakhs per year
Mahindra Finance	₹27.7 Lakhs to ₹33.0 Lakhs per year
Bajaj Finance	₹16.8 Lakhs to ₹33.8 Lakhs per year
L&T Finance	₹17.0 Lakhs to ₹36.0 Lakhs per year
Annapurna Finance	₹11.0 Lakhs to ₹38.0 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 Associate Vice President at SMFG India Credit in India?

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

Experience	Average Salary Range
6 years	₹25.0 Lakhs to ₹42.0 Lakhs per year
7 years	₹25.0 Lakhs to ₹37.5 Lakhs per year
8 years	₹22.5 Lakhs to ₹37.5 Lakhs per year
9 years	₹21.2 Lakhs to ₹58.4 Lakhs per year

and so on.

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SMFG India Credit Associate Vice President Salaries

SMFG India Credit Associate Vice President salary in India ranges between ₹13.5 Lakhs to ₹49 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 SMFG India Credit latest salaries received from various employees of SMFG India Credit.