SMFG India Credit Banking Officer Salaries by 5 Employees (Updated 2025)

0 - 3 years exp.

₹1.9 Lakh - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Banking Officer Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

Sales & Business Development Banking Officer Salary 0 - 2 years exp. (3 salaries)	₹1.9 L/yr - ₹2.5 L/yr
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BFSI, Investments & Trading Banking Officer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.8 L/yr

Last Updated: 30 Mar 2024

Companies similar to SMFG India Credit for Banking Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Banking Officer Salary 1 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹3.7 L/yr 49% more
HDFC Bank Banking Officer Salary 0 - 8 years exp. (443 salaries)	₹1 L/yr - ₹6 L/yr 29% more
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ICICI Bank Banking Officer Salary 0 - 6 years exp. (493 salaries)	₹1.4 L/yr - ₹6.5 L/yr 47% more
Aditya Birla Capital Banking Officer Salary 0 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.8 L/yr 25% more
Shriram Finance Banking Officer Salary 0 - 5 years exp. (7 salaries)	₹1.8 L/yr - ₹4.5 L/yr 26% more
L&T Finance Banking Officer Salary 1 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3.1 L/yr 3% more
HDB Financial Services Banking Officer Salary 0 - 6 years exp. (147 salaries)	₹1.2 L/yr - ₹4 L/yr 3% more
IDFC FIRST Bharat Banking Officer Salary 2 - 4 years exp. (24 salaries)	₹1.9 L/yr - ₹4.5 L/yr 26% more
Manappuram Finance Banking Officer Salary 0 - 7 years exp. (11 salaries)	₹1.9 L/yr - ₹6 L/yr 53% more
IIFL Finance Banking Officer Salary 1 - 4 years exp. (7 salaries)	₹2 L/yr - ₹4.5 L/yr 25% more
Bharat Financial Inclusion Banking Officer Salary 1 - 4 years exp. (6 salaries)	₹1.2 L/yr - ₹2.8 L/yr 8% less
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Muthoot Finance Banking Officer Salary 1 - 4 years exp. (9 salaries)	₹1.2 L/yr - ₹4 L/yr 6% less
Satin Creditcare Network Banking Officer Salary 2 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹2.8 L/yr 11% more
Muthoot Microfin Banking Officer Salary 0 - 2 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 51% more
Spandana Sphoorty Financial Banking Officer Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 10% less
TVS Credit Banking Officer Salary 1 - 7 years exp. (3 salaries)	₹2.3 L/yr - ₹2.7 L/yr 2% more

Banking Officer salary at SMFG India Credit ranges between ₹1.9 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Banking Officer salaries

Last Updated: 30 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.1 L/yr
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.8 L/yr

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(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

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Senior Analyst Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Deputy Manager Salary

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₹3.76 L/yr - ₹4.35 L/yr

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₹6.09 L/yr - ₹9 L/yr

Finance Executive Salary

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₹1.5 L/yr - ₹3.81 L/yr

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(4 salaries)

₹1 L/yr - ₹2.6 L/yr

Analyst Salary

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₹4.19 L/yr - ₹17.1 L/yr

Team Lead Salary

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₹2.3 L/yr - ₹7 L/yr

Salary related reviews for SMFG India Credit

3.0

Rated by 3 employees for salary & benefits

Relationship Manager in South Karnataka

Customer Success, Service & Operations Department

4.0

• posted on 23 Jul 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

...ot okThere is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Senior Manager in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 16 Jan 2025

3.0

for Salary and Benefits

Likes

Salary and compensation provided better at entry level but still less in comparison to work demand

Dislikes

Systems are not working properly, data is not aligned, promotion basis contact with department heads rather than work performance, fake urgency is created all the time, they don't follow RBI guidelines, Digital Lending Sales and Product is one of worst department to work with

Skill development - Bad

+4 more

Tele Calling Officer in Rajahmundry

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 15 Dec 2024

4.0

for Salary and Benefits

Likes

I worked as a tele calling officer. I like the salary and benefits. But I didn't receive them because of I'm a tele calling officer l.

Salary - Good

Dislikes

Internal politics. Senior officers are very rude to freshers. Very less opportunities to promotions. Unsecured for women.

Promotions - Poor

+2 more

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

Customer Relationship Officer in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Salary on time no dedication any amt Company policy or company management or to good

Dislikes

Manager behavior not good with employees Timing issues for logg out No holiday for any festivals No benefit for extra hours seating showing Parcaility with hindu vs muslim

Skill development - Bad

+5 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SMFG India Credit Banking Officer Salary FAQs

What is the salary of Banking Officer at SMFG India Credit?

Banking Officer salary at SMFG India Credit in India ranges between ₹1.9 Lakhs to ₹2.8 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 39% less than the average Banking Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SMFG India Credit India.

How does the salary of a Banking Officer at SMFG India Credit India compare with the average salary range for this job?

The average salary of a Banking Officer at SMFG India Credit is 39% less than the average salary of a Banking Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than SMFG India Credit to a Banking Officer in India?

Manappuram Finance Banking Officer Salary - ₹1.9 Lakhs to ₹6.0 Lakhs per year
Muthoot Microfin Banking Officer Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Bajaj Finance Banking Officer Salary - ₹2.8 Lakhs to ₹3.7 Lakhs per year
ICICI Bank Banking Officer Salary - ₹1.4 Lakhs to ₹6.5 Lakhs per year
HDFC Bank Banking Officer Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Banking Officer in companies similar to SMFG India Credit in India?

Shriram Finance Banking Officer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
IDFC FIRST Bharat Banking Officer Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
IIFL Finance Banking Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Capital Banking Officer Salary - ₹2.5 Lakhs to ₹3.8 Lakhs per year
Satin Creditcare Network Banking Officer Salary - ₹2.5 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Banking Officer at SMFG India Credit in India?

The estimated take-home salary of a Banking Officer at SMFG India Credit ranges between ₹16,659 per month to ₹18,370 per month in India. The take-home salary calculation is based on the average SMFG India Credit Banking Officer salary in India which ranges between ₹1.9 Lakhs to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Banking Officer at SMFG India Credit?

According to AmbitionBox, 50% of the SMFG India Credit Banking Officers reported a notice period of 15 days or less, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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SMFG India Credit Banking Officer Salaries

SMFG India Credit Banking Officer salary in India ranges between ₹1.9 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SMFG India Credit latest salaries received from various employees of SMFG India Credit.