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

Annual salary range
1 - 8 years exp.
₹6 Lakhs - ₹26.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (83%)
₹13.6 Lakhs
Variable (17%)
₹2.8 Lakhs
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46% more than the average Business Manager Salary in NBFC Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.3 L/yr

Product Management
Business Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹11.3 L/yr - ₹13.8 L/yr

Sales & Business Development
Business Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹23.6 L/yr - ₹28.9 L/yr

Last Updated: 4 Mar 2025

Companies similar to SMFG India Credit for Business Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Business Manager Salary

2 - 9 years exp. (3 salaries)

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₹5.5 L/yr - ₹9 L/yr

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ICICI Bank Business Manager Salary

0 - 12 years exp. (20 salaries)

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₹3.5 L/yr - ₹10 L/yr

arrow icon 64% less
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Tata Capital Business Manager Salary

1 - 6 years exp. (4 salaries)

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₹4.5 L/yr - ₹6.2 L/yr

arrow icon 65% less
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Mahindra Finance Business Manager Salary

3 - 11 years exp. (21 salaries)

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₹2.5 L/yr - ₹10.8 L/yr

arrow icon 63% less
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Shriram Finance Business Manager Salary

6 - 13 years exp. (35 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 69% less
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L&T Finance Business Manager Salary

2 - 10 years exp. (233 salaries)

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₹3.4 L/yr - ₹9.1 L/yr

arrow icon 61% less
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Reliance Capital Business Manager Salary

1 - 7 years exp. (6 salaries)

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₹5.3 L/yr - ₹13 L/yr

arrow icon 48% less
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Edelweiss Business Manager Salary

2 - 10 years exp. (8 salaries)

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₹4.2 L/yr - ₹8.5 L/yr

arrow icon 56% less
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IIFL Finance Business Manager Salary

1 - 4 years exp. (5 salaries)

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₹5.5 L/yr - ₹7 L/yr

arrow icon 60% less
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Fusion Microfinance Business Manager Salary

6 - 7 years exp. (4 salaries)

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₹5.6 L/yr - ₹6 L/yr

arrow icon 65% less
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₹1.5 L/yr - ₹3 L/yr

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IIFL SAMASTA Business Manager Salary

1 - 4 years exp. (3 salaries)

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₹2.2 L/yr - ₹9.2 L/yr

arrow icon 72% less
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Muthoot Fincorp Business Manager Salary

6 - 7 years exp. (3 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 65% less
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TVS Credit Business Manager Salary

10 - 14 years exp. (3 salaries)

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₹3 L/yr - ₹5.8 L/yr

arrow icon 72% less
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₹3 L/yr - ₹5.3 L/yr

arrow icon 74% less
Business Manager salary at SMFG India Credit ranges between ₹6 Lakhs to ₹26.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Business Manager

2d ago
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3 years exp.
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1 year exp.
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3 years exp.
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8 years exp.

Experience wise SMFG India Credit Business Manager salaries

Last Updated: 4 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹26 L/yr - ₹47.2 L/yr
2 years (AmbitionBox Estimate)

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₹21.5 L/yr - ₹27.5 L/yr
3 years (AmbitionBox Estimate)

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₹12.5 L/yr - ₹26.2 L/yr
4 years (AmbitionBox Estimate)

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₹16.1 L/yr - ₹20.6 L/yr
5 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
View all

Similar Designation salaries in SMFG India Credit

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₹9.55 L/yr - ₹11 L/yr
Branch Manager Salary
(46 salaries)
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₹3.44 L/yr - ₹12.65 L/yr
Sales Manager Salary
(222 salaries)
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₹1.8 L/yr - ₹10 L/yr
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₹11.8 L/yr - ₹23.4 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Area Manager Salary
(10 salaries)
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₹9.1 L/yr - ₹16.93 L/yr
Deputy Manager Salary
(6 salaries)
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₹3.85 L/yr - ₹7.43 L/yr
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₹3.6 L/yr - ₹11.98 L/yr
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₹9.1 L/yr - ₹22 L/yr
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₹3 L/yr - ₹9.7 L/yr

Salary related reviews for SMFG India Credit

4.0

Rated by 1 employees for salary & benefits

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

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing dislike this company it's a very good company more than other NBFC companies

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.

read more

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.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Poor customer service &high interest rate

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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.

read more
  • Skill development - Bad
  • +1 more
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SMFG India Credit Business Manager Salary FAQs

What is the salary of Business Manager at SMFG India Credit ?
The average salary of a Business Manager at SMFG India Credit in India typically ranges from ₹6.0 Lakhs to ₹26.2 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Business Manager at SMFG India Credit earn more than ₹26.2 Lakhs per year, and the top 1% earn over ₹26.2 Lakhs per year. Business 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 4 SMFG India Credit employees in India.
What is the estimated take home salary of a Business Manager at SMFG India Credit in India?
The estimated take-home salary of a Business Manager at SMFG India Credit in India typically ranges from ₹1,11,502 to ₹1,14,595 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹26.2 Lakhs per year for employees with experience ranging from 1 year to 8 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 4 salaries received from various employees of SMFG India Credit. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Business Manager in companies similar to SMFG India Credit in India?
The salary of a Business 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:

HDFC Bank ₹5.5 Lakhs to ₹9.0 Lakhs per year
Reliance Capital ₹5.3 Lakhs to ₹13.0 Lakhs per year
Edelweiss ₹4.2 Lakhs to ₹8.5 Lakhs per year
IIFL Finance ₹5.5 Lakhs to ₹7.0 Lakhs per year
L&T Finance ₹3.4 Lakhs to ₹9.1 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 Business Manager at SMFG India Credit in India?
The salary growth for a Business Manager at SMFG India Credit depends on factors such as experience, performance, and promotions. On average, a Business Manager can expect the following growth trajectory at SMFG India Credit:

Experience Average Salary Range
1 year ₹26.0 Lakhs to ₹47.2 Lakhs per year
2 years ₹21.5 Lakhs to ₹27.5 Lakhs per year
3 years ₹12.5 Lakhs to ₹26.2 Lakhs per year
4 years ₹16.1 Lakhs to ₹20.6 Lakhs per year
and so on.

Tell us how to improve this page.

SMFG India Credit Business Manager salary in India ranges between ₹6 Lakhs to ₹26.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SMFG India Credit latest salaries received from various employees of SMFG India Credit.