SMFG India Credit Chennai Branch Manager Salaries by 5 Employees (Updated 2025)

12 - 16 years exp.

₹7 Lakhs - ₹13.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average Branch Manager Salary in NBFC Companies for 12 - 16 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Sales & Business Development Branch Manager Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.9 L/yr
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BFSI, Investments & Trading Branch Manager Salary 15 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹10.5 L/yr

Last Updated: 28 Jan 2025

Companies similar to SMFG India Credit for Branch Manager in Chennai

SMFG India Credit Branch Manager Salary

12 - 16 years exp. (5 salaries)

₹7 L/yr - ₹13.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Branch Manager Salary 2 - 17 years exp. (90 salaries)	₹2.4 L/yr - ₹7 L/yr 49% less	1 job opening
Muthoot Fincorp Branch Manager Salary 3 - 15 years exp. (82 salaries)	₹2.2 L/yr - ₹6 L/yr 55% less	1 job opening
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Shriram Finance Branch Manager Salary 4 - 13 years exp. (46 salaries)	₹3 L/yr - ₹7.1 L/yr 47% less
HDB Financial Services Branch Manager Salary 6 - 18 years exp. (40 salaries)	₹4.2 L/yr - ₹12 L/yr At par	13 job openings
Manappuram Finance Branch Manager Salary 2 - 8 years exp. (32 salaries)	₹2 L/yr - ₹5 L/yr 61% less
Muthoot Microfin Branch Manager Salary 3 - 7 years exp. (10 salaries)	₹2.5 L/yr - ₹4.5 L/yr 63% less
Bajaj Finance Branch Manager Salary 5 - 12 years exp. (10 salaries)	₹4.5 L/yr - ₹8 L/yr 29% less	217 job openings
Asirvad Microfinance Branch Manager Salary 3 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.5 L/yr 66% less

Branch Manager salary at SMFG India Credit ranges between ₹7 Lakhs to ₹13.3 Lakhs per year for employees with experience between 12 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 salaries in Chennai

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.4 L/yr
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14 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
15+ years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr

From

Branch Manager

6 - 18 years exp.

Senior Branch Manager

11 - 21 years exp.

From

Branch Manager

6 - 18 years exp.

Cluster Head

9 - 12 years exp.

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

Credit Manager Salary

(18 salaries)

₹3.2 L/yr - ₹10.5 L/yr

Branch Sales Manager Salary

(10 salaries)

₹2.8 L/yr - ₹7.7 L/yr

Top skills at SMFG India Credit for Branch Manager

Branch Management Personal Loans Portfolio Management DSA Business Loan Team Handling Branch Handling Channel Partners channel management Customer Acquisition Business Development Branch Management Team Management Loans Sales Forecasting

Salary related reviews for SMFG India Credit

4.0

Rated by 4 employees for salary & benefits

Branch Manager in Mumbai

Vehicle Finance Department

5.0

• posted on 26 Apr 2021

5.0

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 - Excellent

+6 more

Dislikes

There 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.

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.

see more salary related reviews

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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 Manager Salary FAQs

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

The average salary of a Branch Manager at SMFG India Credit in Chennai typically ranges from ₹7.0 Lakhs to ₹13.3 Lakhs per year, depending on experience (from 12 years to 16 years).

The top 10% of Branch Manager in Chennai at SMFG India Credit earn more than ₹13.3 Lakhs per year, and the top 1% earn over ₹13.3 Lakhs per year. Branch 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 5 SMFG India Credit employees in India.

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

The estimated take-home salary of a Branch Manager at SMFG India Credit in Chennai typically ranges from ₹68,933 to ₹70,702 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹13.3 Lakhs per year for employees with experience ranging from 12 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.

What are the key skills required to be a Branch Manager at SMFG India Credit in Chennai?

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

- Branch Management
- Personal Loans
- Portfolio Management
- DSA
- Business Loan

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 Manager in India?

HDB Financial Services

₹4.2 Lakhs to ₹12.0 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 in companies similar to SMFG India Credit in Chennai?

The salary of a Branch 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:

Bajaj Finance	₹4.5 Lakhs to ₹8.0 Lakhs per year
Shriram Finance	₹3.0 Lakhs to ₹7.1 Lakhs per year
Muthoot Finance	₹2.4 Lakhs to ₹7.0 Lakhs per year
Muthoot Fincorp	₹2.2 Lakhs to ₹6.0 Lakhs per year
Manappuram Finance	₹2.0 Lakhs to ₹5.0 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 Branch Manager at SMFG India Credit in Chennai?

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

Experience	Average Salary Range
12 years	₹8.6 Lakhs to ₹10.9 Lakhs per year
13 years	₹9.0 Lakhs to ₹11.4 Lakhs per year
14 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
15 years	₹10.4 Lakhs to ₹13.2 Lakhs per year

and so on.

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SMFG India Credit Branch Manager Salaries in Chennai

SMFG India Credit Branch Manager salary in Chennai ranges between ₹7 Lakhs to ₹13.3 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.