SMFG India Credit Cluster Business Manager Salaries by 20+ Employees (Updated 2025)

9 - 14 years exp.

₹4.9 Lakhs - ₹12.1 Lakhs

Salary of majority employees

20% less than the average Cluster Business Manager Salary in NBFC Companies for 9 - 14 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Cluster Business Manager Salary 10 - 14 years exp. (13 salaries)	₹5.8 L/yr - ₹18 L/yr
Sales & Business Development Cluster Business Manager Salary 10 - 14 years exp. (8 salaries)	₹6 L/yr - ₹12.6 L/yr
Login to view exact salary
Finance & Accounting Cluster Business Manager Salary 10 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.9 L/yr
Marketing & Communication Cluster Business Manager Salary 13 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.8 L/yr

Last Updated: 18 Sep 2024

Companies similar to SMFG India Credit for Cluster Business Manager

Company name	Avg Annual Salary	Open Jobs
Annapurna Finance Cluster Business Manager Salary 6 - 16 years exp. (20 salaries)	₹4.8 L/yr - ₹12.1 L/yr 10% less
IDFC FIRST Bharat Cluster Business Manager Salary 6 - 11 years exp. (8 salaries)	₹4.4 L/yr - ₹11 L/yr 4% less
Login to view exact salary
Fusion Microfinance Cluster Business Manager Salary 8 - 12 years exp. (6 salaries)	₹9.7 L/yr - ₹10.8 L/yr 13% more
Muthoot Fincorp Cluster Business Manager Salary 20 - 22 years exp. (4 salaries)	₹16.2 L/yr - ₹22.5 L/yr 110% more
Muthoot Finance Cluster Business Manager Salary 12 - 20 years exp. (4 salaries)	₹3.5 L/yr - ₹6.8 L/yr 41% less
HDB Financial Services Cluster Business Manager Salary 14 - 17 years exp. (4 salaries)	₹14.8 L/yr - ₹21.3 L/yr 91% more
IIFL Finance Cluster Business Manager Salary 12 - 17 years exp. (3 salaries)	₹8.5 L/yr - ₹11 L/yr 4% more

Cluster Business Manager salary at SMFG India Credit ranges between ₹4.9 Lakhs to ₹12.1 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 28 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Cluster Business Manager salaries

Last Updated: 18 Sep 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.5 L/yr
10 years (6 salaries)	₹4.9 L/yr - ₹10.2 L/yr
Login to view exact salary
11 years (9 salaries)	₹6 L/yr - ₹10.2 L/yr
12 years (8 salaries)	₹6 L/yr - ₹15.4 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹16.2 L/yr
14 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹16.6 L/yr

View all

Similar Designation salaries in SMFG India Credit

Sales Manager Salary

(651 salaries)

₹1.8 L/yr - ₹9.38 L/yr

Relationship Manager Salary

(349 salaries)

₹1.8 L/yr - ₹6.25 L/yr

Branch Sales Manager Salary

(332 salaries)

₹2.8 L/yr - ₹10 L/yr

Branch Manager Salary

(180 salaries)

₹3.88 L/yr - ₹15 L/yr

Senior Relationship Manager Salary

(112 salaries)

₹3.2 L/yr - ₹8.18 L/yr

Senior Sales Manager Salary

(88 salaries)

₹3.05 L/yr - ₹12 L/yr

Area Sales Manager Salary

(88 salaries)

₹7.05 L/yr - ₹22 L/yr

Sales Officer Salary

(80 salaries)

₹1.5 L/yr - ₹4.2 L/yr

Cluster Manager Salary

(69 salaries)

₹4.94 L/yr - ₹20.91 L/yr

Assistant Branch Manager Salary

(57 salaries)

₹1.85 L/yr - ₹4.81 L/yr

Salary related reviews for SMFG India Credit

4.7

Rated by 11 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

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

Channel Manager in Rishikesh

Sales & Business Development Department

5.0

• posted on 02 Dec 2020

1.0

for Salary and Benefits

Likes

Company is good roe free man from life and family Salary timly creditted in ac

Dislikes

...or anyone. Company is good but not very good because no career growth here. Low salary High rish Heavy work pressar No working training provided If you will enter kne time you will be manage any type of situation amd you will be also frastated after the enter because no any type of training here. No system training No company review Nothing

Salary - Bad

+5 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about SMFG India Credit?

Ask anonymously on communities.

SMFG India Credit Cluster Business Manager Salary FAQs

What is the salary of Cluster Business Manager at SMFG India Credit?

Cluster Business Manager salary at SMFG India Credit in India ranges between ₹4.9 Lakhs to ₹12.1 Lakhs for experience between 9 years to 14 years. According to our estimates it is 20% less than the average Cluster Business Manager Salary in India. Salary estimates are based on 28 latest salaries received from various employees of SMFG India Credit India.

How does the salary of a Cluster Business Manager at SMFG India Credit India compare with the average salary range for this job?

The average salary of a Cluster Business Manager at SMFG India Credit is 20% less than the average salary of a Cluster Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SMFG India Credit to a Cluster Business Manager in India?

Muthoot Fincorp Cluster Business Manager Salary - ₹16.2 Lakhs to ₹22.5 Lakhs per year
HDB Financial Services Cluster Business Manager Salary - ₹14.8 Lakhs to ₹21.3 Lakhs per year
Fusion Microfinance Cluster Business Manager Salary - ₹9.7 Lakhs to ₹10.8 Lakhs per year
IIFL Finance Cluster Business Manager Salary - ₹8.5 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Cluster Business Manager in companies similar to SMFG India Credit in India?

IDFC FIRST Bharat Cluster Business Manager Salary - ₹4.4 Lakhs to ₹11.0 Lakhs per year
Annapurna Finance Cluster Business Manager Salary - ₹4.8 Lakhs to ₹12.1 Lakhs per year
Muthoot Finance Cluster Business Manager Salary - ₹3.5 Lakhs to ₹6.8 Lakhs per year

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

The estimated take-home salary of a Cluster Business Manager at SMFG India Credit ranges between ₹65,700 per month to ₹67,378 per month in India. The take-home salary calculation is based on the average SMFG India Credit Cluster Business Manager salary in India which ranges between ₹4.9 Lakhs to ₹12.1 Lakhs per year for employees with experience between 9 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Cluster Business Manager at SMFG India Credit?

According to AmbitionBox, 88% of the SMFG India Credit Cluster Business Managers reported a notice period of 3 Months, 12% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SMFG India Credit Cluster Business Manager Salaries by Location

Home >
Salaries >
SMFG India Credit Salaries >
SMFG India Credit Cluster Business Manager Salaries

SMFG India Credit Cluster Business Manager salary in India ranges between ₹4.9 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 SMFG India Credit latest salaries received from various employees of SMFG India Credit.