SMFG India Credit Branch Manager 1 Salaries by 5 Employees

10 - 16 years exp.

₹4.2 Lakhs - ₹8.4 Lakhs

Low Confidence

Salary of majority employees

20% more than the average Branch Manager 1 Salary in NBFC Companies for 10 - 16 years of experience

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Last Updated: 20 Apr 2024

Companies similar to SMFG India Credit for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Branch Manager 1 Salary 2 - 10 years exp. (5 salaries)	₹3.6 L/yr - ₹6.5 L/yr 23% less
HDFC Bank Branch Manager 1 Salary 10 - 17 years exp. (6 salaries)	₹7.9 L/yr - ₹14 L/yr 49% more
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ICICI Bank Branch Manager 1 Salary 7 - 15 years exp. (37 salaries)	₹5.1 L/yr - ₹11 L/yr 24% more
Tata Capital Branch Manager 1 Salary 2 - 12 years exp. (4 salaries)	₹4.1 L/yr - ₹9.5 L/yr 11% less
Aditya Birla Capital Branch Manager 1 Salary 8 - 13 years exp. (4 salaries)	₹6.1 L/yr - ₹8 L/yr 2% more
L&T Finance Branch Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 39% less
IIFL Finance Branch Manager 1 Salary 2 - 12 years exp. (26 salaries)	₹3.7 L/yr - ₹6.5 L/yr 24% less
Muthoot Fincorp Branch Manager 1 Salary 4 - 15 years exp. (23 salaries)	₹3 L/yr - ₹5 L/yr 33% less
Muthoot Finance Branch Manager 1 Salary 4 - 11 years exp. (22 salaries)	₹3 L/yr - ₹5.6 L/yr 35% less
Manappuram Finance Branch Manager 1 Salary 2 - 5 years exp. (8 salaries)	₹2.4 L/yr - ₹4.3 L/yr 55% less
Aye Finance Branch Manager 1 Salary 2 - 11 years exp. (7 salaries)	₹4 L/yr - ₹6.3 L/yr 26% less
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IIFL SAMASTA Branch Manager 1 Salary 2 - 7 years exp. (6 salaries)	₹2.6 L/yr - ₹5.6 L/yr 45% less
Spandana Sphoorty Financial Branch Manager 1 Salary 1 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹4.2 L/yr 56% less
Bharat Financial Inclusion Branch Manager 1 Salary 4 - 13 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 47% less
Annapurna Finance Branch Manager 1 Salary 5 - 7 years exp. (5 salaries)	₹2.7 L/yr - ₹3.9 L/yr 51% less
Satin Creditcare Network Branch Manager 1 Salary 2 - 8 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 47% less
Mahindra Rural Housing Finance Branch Manager 1 Salary 5 - 8 years exp. (4 salaries)	₹4.1 L/yr - ₹6.5 L/yr 36% less
Muthoot Microfin Branch Manager 1 Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 52% less
CreditAccess Grameen Branch Manager 1 Salary 6 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹8.6 L/yr 27% less
Fusion Microfinance Branch Manager 1 Salary 3 - 8 years exp. (3 salaries)	₹2.9 L/yr - ₹4 L/yr 47% less

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Branch Manager 1 salary at SMFG India Credit ranges between ₹4.2 Lakhs to ₹8.4 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Branch Manager 1 salaries

Last Updated: 20 Apr 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹7.2 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.1 L/yr
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12 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
13 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
14 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
15+ years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.4 L/yr

View all

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Salary related reviews for SMFG India Credit

5.0

Rated by 1 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

Area Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

..., Learning Various Products and Policy. Good Friendly Natural of Company Senior. Best Pay Scale in industry.

Salary - Excellent

+6 more

Dislikes

Only system issues and software not working properly. IT issue.

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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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SMFG India Credit Branch Manager 1 Salary FAQs

What is the salary of Branch Manager 1 at SMFG India Credit ?

The average salary of a Branch Manager 1 at SMFG India Credit in India typically ranges from ₹4.2 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Branch Manager 1 at SMFG India Credit earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Branch Manager 1 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 5 SMFG India Credit employees in India.

What is the estimated take home salary of a Branch Manager 1 at SMFG India Credit in India?

The estimated take-home salary of a Branch Manager 1 at SMFG India Credit in India typically ranges from ₹51,654 to ₹52,872 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 10 years to 16 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 5 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 Branch Manager 1 in India?

HDFC Bank	₹7.9 Lakhs to ₹14.0 Lakhs per year
ICICI Bank	₹5.1 Lakhs to ₹11.0 Lakhs per year
HDB Financial Services	₹6.1 Lakhs to ₹8.5 Lakhs per year
Aditya Birla Capital	₹6.1 Lakhs to ₹8.0 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 Branch Manager 1 in companies similar to SMFG India Credit in India?

The salary of a Branch Manager 1 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 Capital	₹4.1 Lakhs to ₹9.5 Lakhs per year
Bajaj Finance	₹3.6 Lakhs to ₹6.5 Lakhs per year
IIFL Finance	₹3.7 Lakhs to ₹6.5 Lakhs per year
Aye Finance	₹4.0 Lakhs to ₹6.3 Lakhs per year
CreditAccess Grameen	₹3.6 Lakhs to ₹8.6 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 Manager 1 at SMFG India Credit in India?

The salary growth for a Branch Manager 1 at SMFG India Credit depends on factors such as experience, performance, and promotions. On average, a Branch Manager 1 can expect the following growth trajectory at SMFG India Credit:

Experience	Average Salary Range
10 years	₹4.2 Lakhs to ₹7.2 Lakhs per year
11 years	₹4.2 Lakhs to ₹10.1 Lakhs per year
12 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
13 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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SMFG India Credit Branch Manager 1 Salaries

SMFG India Credit Branch Manager 1 salary in India ranges between ₹4.2 Lakhs to ₹8.4 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.