SMFG India Credit Mumbai Business Manager Salaries by 3 Employees (Updated 2025)

1 - 3 years exp.

₹12.5 Lakhs - ₹26.2 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

93% more than the average Business Manager Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

Product Management Business Manager Salary 3 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹13.8 L/yr
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Sales & Business Development Business Manager Salary 3 years exp. (AmbitionBox Estimate)	₹23.6 L/yr - ₹28.9 L/yr

Last Updated: 4 Mar 2025

Companies similar to SMFG India Credit for Business Manager in Mumbai

SMFG India Credit Business Manager Salary

1 - 3 years exp. (3 salaries)

₹12.5 L/yr - ₹26.2 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Business Manager Salary 2 - 9 years exp. (25 salaries)	₹4.2 L/yr - ₹8.5 L/yr 71% less
IIFL Finance Business Manager Salary 1 - 4 years exp. (5 salaries)	₹5.5 L/yr - ₹7 L/yr 70% less
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Performics Business Manager Salary 2 - 7 years exp. (52 salaries)	₹6.6 L/yr - ₹13 L/yr 55% less
LivSpace Business Manager Salary 2 - 10 years exp. (50 salaries)	₹6 L/yr - ₹16 L/yr 53% less	10 job openings
Groupm Media Business Manager Salary 2 - 8 years exp. (48 salaries)	₹5.5 L/yr - ₹13.1 L/yr 59% less

Business Manager salary at SMFG India Credit ranges between ₹12.5 Lakhs to ₹26.2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Business Manager salaries in Mumbai

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹23.4 L/yr - ₹29.9 L/yr
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3 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.3 L/yr

Similar Designation salaries in SMFG India Credit

Sales Manager Salary

(45 salaries)

₹3.4 L/yr - ₹9.7 L/yr

Marketing Manager Salary

(4 salaries)

₹7.1 L/yr - ₹11 L/yr

Salary related reviews for SMFG India Credit

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

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 Business Manager Salary FAQs

How the salary growth look like for a Business Manager at SMFG India Credit in Mumbai?

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

Experience	Average Salary Range
1 year	₹23.4 Lakhs to ₹29.9 Lakhs per year
3 years	₹17.4 Lakhs to ₹22.3 Lakhs per year

and so on.

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SMFG India Credit Business Manager Salaries in Mumbai

SMFG India Credit Business Manager salary in Mumbai ranges between ₹12.5 Lakhs to ₹26.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SMFG India Credit latest salaries received from various employees of SMFG India Credit.