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

1 - 11 years exp.

₹1.9 Lakh - ₹9.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Branch Credit Manager Salary in NBFC Companies for 1 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Branch Credit Manager Salary 1 - 9 years exp. (80 salaries)	₹2 L/yr - ₹9.3 L/yr
Finance & Accounting Branch Credit Manager Salary 1 - 10 years exp. (71 salaries)	₹1.9 L/yr - ₹8.8 L/yr
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Risk Management & Compliance Branch Credit Manager Salary 2 - 11 years exp. (35 salaries)	₹2.6 L/yr - ₹8.3 L/yr
Customer Success, Service & Operations Branch Credit Manager Salary 3 - 11 years exp. (7 salaries)	₹2 L/yr - ₹4.9 L/yr

Last Updated: 30 Mar 2025

Companies similar to SMFG India Credit for Branch Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Branch Credit Manager Salary 0 - 12 years exp. (551 salaries)	₹2.3 L/yr - ₹8 L/yr 4% more	9 job openings
Veritas Finance Branch Credit Manager Salary 0 - 9 years exp. (208 salaries)	₹2 L/yr - ₹5.8 L/yr 17% less
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Muthoot Microfin Branch Credit Manager Salary 0 - 6 years exp. (161 salaries)	₹1.8 L/yr - ₹3.5 L/yr 45% less
IIFL SAMASTA Branch Credit Manager Salary 0 - 6 years exp. (299 salaries)	₹1.6 L/yr - ₹4.2 L/yr 43% less
Bharat Financial Inclusion Branch Credit Manager Salary 0 - 6 years exp. (155 salaries)	₹1.6 L/yr - ₹5 L/yr 35% less	1 job opening
Mahindra Rural Housing Finance Branch Credit Manager Salary 2 - 10 years exp. (128 salaries)	₹2.1 L/yr - ₹7.8 L/yr 2% less	2 job openings
Bajaj Finance Branch Credit Manager Salary 4 - 10 years exp. (121 salaries)	₹3.1 L/yr - ₹8.5 L/yr 28% more
IIFL Finance Branch Credit Manager Salary 1 - 6 years exp. (56 salaries)	₹1.8 L/yr - ₹6.9 L/yr 34% less
Muthoot Fincorp Branch Credit Manager Salary 0 - 12 years exp. (64 salaries)	₹2.7 L/yr - ₹7.6 L/yr 1% less
Aye Finance Branch Credit Manager Salary 2 - 9 years exp. (53 salaries)	₹1.8 L/yr - ₹6.2 L/yr 15% less

View all

Branch Credit Manager salary at SMFG India Credit ranges between ₹1.9 Lakh to ₹9.3 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 253 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Branch Credit Manager

3d ago

₹4.2 Lakhs

7 years exp.

3d ago

₹3 Lakhs

3 years exp.

4d ago

₹3.1 Lakhs

5 years exp.

4d ago

₹4.5 Lakhs

1 year exp.

1w ago

₹3.1 Lakhs

5 years exp.

1w ago

4 years exp.

1w ago

8 years exp.

1w ago

7 years exp.

1w ago

5 years exp.

2w ago

11 years exp.

Experience wise SMFG India Credit Branch Credit Manager salaries

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
1 year (14 salaries)	₹1.9 L/yr - ₹4.5 L/yr
2 years (20 salaries)	₹2 L/yr - ₹6.1 L/yr
Login to view exact salary
3 years (38 salaries)	₹2 L/yr - ₹5.5 L/yr
4 years (42 salaries)	₹2.2 L/yr - ₹7.3 L/yr
5 years (47 salaries)	₹2.2 L/yr - ₹8.5 L/yr
6 years (36 salaries)	₹2.6 L/yr - ₹8.3 L/yr
7 years (19 salaries)	₹3.4 L/yr - ₹8 L/yr
8 years (21 salaries)	₹2.3 L/yr - ₹9.3 L/yr
9 years (12 salaries)	₹3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
11 years (3 salaries)	₹4.2 L/yr - ₹7.8 L/yr

View all

From

Branch Credit Manager

₹

Lakhs/yr

1 - 11 years exp.

Cluster Credit Manager

₹

Lakhs/yr

7 - 15 years exp.

Branch Credit Manager 1 - 11 years exp.

Credit Manager 0 - 10 years exp.

34% hike

Cluster Credit Manager 7 - 15 years exp.

63% 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

Area Credit Manager Salary

(41 salaries)

₹6 L/yr - ₹23.73 L/yr

Zonal Credit Manager Salary

(3 salaries)

₹28.8 L/yr - ₹38.2 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Regional Credit Manager Salary

(14 salaries)

₹21 L/yr - ₹40 L/yr

Branch Manager Salary

(181 salaries)

₹3.83 L/yr - ₹15 L/yr

Credit Manager Salary

(330 salaries)

₹2.35 L/yr - ₹10.8 L/yr

Cluster Credit Manager Salary

(56 salaries)

₹4.6 L/yr - ₹18.5 L/yr

Assistant Credit Manager Salary

(4 salaries)

₹2.2 L/yr - ₹3 L/yr

Senior Credit Officer Salary

(11 salaries)

₹1.43 L/yr - ₹3 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Top skills at SMFG India Credit for Branch Credit Manager

Credit Underwriting Mortgage Loans Lap housing loan hl Credit NBFC Auditing Underwriting Credit Management Credit Management Underwriting Credit Risk Analysis Home Loans Credit Underwriting

Salary related reviews for SMFG India Credit

4.3

Rated by 161 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

Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Mar 2023

5.0

for Salary and Benefits

Likes

I am very happy from this this company People Management, Working Pattern, Salary & Perks, Work Life Balance except other things like Learning & Development, Motivational Thoughts.

Salary - Excellent

+4 more

Dislikes

Learning & Development, Next Level (Promotion).

Skill development - Poor

+1 more

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

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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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 Branch Credit Manager Salary FAQs

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

The average salary of a Branch Credit Manager at SMFG India Credit in India typically ranges from ₹1.9 Lakhs to ₹9.3 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Branch Credit Manager at SMFG India Credit earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Branch Credit 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 Branch Credit Manager at SMFG India Credit in India?

The estimated take-home salary of a Branch Credit Manager at SMFG India Credit in India typically ranges from ₹36,771 to ₹37,984 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹9.3 Lakhs per year for employees with experience ranging from 1 year to 11 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 Branch Credit Manager at SMFG India Credit ?

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

- Credit Underwriting
- Mortgage Loans
- Lap
- housing loan
- hl

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 Branch Credit Manager in India?

Aditya Birla Finance	₹4.0 Lakhs to ₹13.0 Lakhs per year
Bajaj Finance	₹3.1 Lakhs to ₹8.5 Lakhs per year
HDB Financial Services	₹2.3 Lakhs to ₹8.0 Lakhs per year
Fusion Microfinance	₹3.3 Lakhs to ₹8.0 Lakhs per year
TVS Credit	₹4.8 Lakhs to ₹5.5 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 Branch Credit Manager in companies similar to SMFG India Credit in India?

The salary of a Branch Credit 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:

Tata Motors Finance	₹3.5 Lakhs to ₹6.7 Lakhs per year
Muthoot Fincorp	₹2.7 Lakhs to ₹7.6 Lakhs per year
Mahindra Rural Housing Finance	₹2.1 Lakhs to ₹7.8 Lakhs per year
L&T Finance	₹3.5 Lakhs to ₹5.1 Lakhs per year
Mahindra Finance	₹2.8 Lakhs to ₹6.4 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 Branch Credit Manager at SMFG India Credit in India?

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

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹4.5 Lakhs per year
2 years	₹2.0 Lakhs to ₹6.1 Lakhs per year
3 years	₹2.0 Lakhs to ₹5.5 Lakhs per year
4 years	₹2.2 Lakhs to ₹7.3 Lakhs per year

and so on.

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SMFG India Credit Branch Credit Manager Salaries by Location

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SMFG India Credit Branch Credit Manager Salaries

SMFG India Credit Branch Credit Manager salary in India ranges between ₹1.9 Lakh to ₹9.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 253 SMFG India Credit latest salaries received from various employees of SMFG India Credit.

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

Companies similar to SMFG India Credit for Branch Credit Manager

Latest annual salaries shared by SMFG India Credit Branch Credit Manager

Experience wise SMFG India Credit Branch Credit Manager salaries

Similar Designation salaries in SMFG India Credit

Top skills at SMFG India Credit for Branch Credit Manager

Salary related reviews for SMFG India Credit

Sales Manager in Kadapa

Officer in Mumbai

Sales Manager in Chhindwara

Sales Manager in Jorhat

Sales Manager in Hyderabad / Secunderabad

SMFG India Credit Branch Credit Manager Salary FAQs

Tell us how to improve this page.

SMFG India Credit Branch Credit Manager Salaries by Location