SMFG India Credit Cluster Collection Manager Salaries by 30+ Employees (Updated 2025)

7 - 18 years exp.

₹5.7 Lakhs - ₹16 Lakhs

Salary of majority employees

10% more than the average Cluster Collection Manager Salary in NBFC Companies for 7 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Cluster Collection Manager Salary 8 - 17 years exp. (11 salaries)	₹8.3 L/yr - ₹16 L/yr
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Finance & Accounting Cluster Collection Manager Salary 7 - 18 years exp. (5 salaries)	₹9 L/yr - ₹13 L/yr

Last Updated: 16 Feb 2025

Companies similar to SMFG India Credit for Cluster Collection Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Cluster Collection Manager Salary 7 - 18 years exp. (11 salaries)	₹12.8 L/yr - ₹20.5 L/yr 50% more
HDFC Bank Cluster Collection Manager Salary 6 - 16 years exp. (7 salaries)	₹6.1 L/yr - ₹9 L/yr 29% less
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ICICI Bank Cluster Collection Manager Salary 7 - 10 years exp. (3 salaries)	₹7.3 L/yr - ₹10 L/yr 13% less
Kotak Mahindra Bank Cluster Collection Manager Salary 5 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹4.7 L/yr 57% less
IDFC FIRST Bank Cluster Collection Manager Salary 6 - 10 years exp. (7 salaries)	₹3 L/yr - ₹8 L/yr 37% less
RBL Bank Cluster Collection Manager Salary 5 - 13 years exp. (6 salaries)	₹6 L/yr - ₹8.9 L/yr 33% less
Tata Capital Cluster Collection Manager Salary 8 - 18 years exp. (45 salaries)	₹6 L/yr - ₹16.5 L/yr 6% more
Bharat Financial Inclusion Cluster Collection Manager Salary 4 - 15 years exp. (8 salaries)	₹5 L/yr - ₹6 L/yr 45% less
Annapurna Finance Cluster Collection Manager Salary 8 - 18 years exp. (7 salaries)	₹2.6 L/yr - ₹9.4 L/yr 32% less
Manappuram Finance Cluster Collection Manager Salary 12 - 19 years exp. (5 salaries)	₹7 L/yr - ₹8.5 L/yr 29% less
HDB Financial Services Cluster Collection Manager Salary 12 - 15 years exp. (5 salaries)	₹6.3 L/yr - ₹8.3 L/yr 26% less
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Cluster Collection Manager salary at SMFG India Credit ranges between ₹5.7 Lakhs to ₹16 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 30 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Cluster Collection Manager salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.2 L/yr
8 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹17.5 L/yr
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9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹17.7 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
12 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹11 L/yr
13 years (3 salaries)	₹7 L/yr - ₹12.8 L/yr
14 years (5 salaries)	₹8 L/yr - ₹16 L/yr
15+ years (14 salaries)	₹7 L/yr - ₹14.5 L/yr

View all

Similar Designation salaries in SMFG India Credit

Credit Manager Salary

(345 salaries)

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Branch Sales Manager Salary

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Relationship Manager Salary

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Branch Credit Manager Salary

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Transaction Officer Salary

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Branch Collection Incharge Salary

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₹1.85 L/yr - ₹4.2 L/yr

Collections Manager Salary

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Agency Manager Salary

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Individual Relationship Officer Salary

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Senior Relationship Manager Salary

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₹3.2 L/yr - ₹8.18 L/yr

Top skills at SMFG India Credit for Cluster Collection Manager

Collection Management Recovery Collections Mortgage Loans Team Handling Payment Processing Recovery Management Team Leading Finance mortgage Quality Improvement Customer Management Customer Focus Continuous Improvement Auditing

Salary related reviews for SMFG India Credit

3.8

Rated by 5 employees for salary & benefits

Transaction Officer in Lucknow

Full Time

Risk Management & Compliance Department

2.0

• posted on 28 Oct 2024

3.0

for Salary and Benefits

Likes

One thing is better that salary will credit on last day of month and everythings are bad for every staff. Work load is too high that a person can suiside.

Dislikes

Overall score not good. Company culture इस very bad. 16hrs work in everyday since morning late night 11:30 PM. No leave and no bonus. Work load is too high that a person can suside by stress/pressure. All day working

Skill development - Bad

+3 more

Individual Relationship Officer in Warangal

Full Time

Other Department

1.0

• posted on 05 Jan 2025

2.0

for Salary and Benefits

Likes

Working on SMFG INDIA credit company very greatfull work

Work satisfaction - Good

Dislikes

...ter behaviour and culture not good for IROs And more unperlamentary words used.my salary hold and not cooperating with us.

Salary - Poor

+2 more

Branch Collection Incharge in Godhra

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Jul 2023

3.0

for Salary and Benefits

Likes

Salary and flexible hours

Dislikes

No job security they are not ready to listen employee problem if someone against him HR makes him pressurized to Resign or thet will abscond only top level managers job are safe lower level employees job are not safe they put that employee as hold on work and Making them pressure for Resign HR in Not Individual department in Fullerton they do as top manegers Insist

Skill development - Bad

+5 more

Collection Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 29 Sep 2023

5.0

for Salary and Benefits

Likes

I am happy with working pattern like a home, salary,perks is heigher from a standards MNC . I had given 💯 percentage from our end.

Salary - Excellent

+3 more

Dislikes

Some time learning and promotion things not meet accordance to me. Overall some time happy rather not satisfied.

Promotions - Poor

Territory Collection Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 12 Sep 2023

4.0

for Salary and Benefits

Likes

The salary package & the incentives paid is good.

Salary - Good

Dislikes

Time management, not understanding employee needed during various situation & not handling the employees softly & clearing customers issues, not done till date.

Skill development - Poor

+3 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SMFG India Credit Cluster Collection Manager Salary FAQs

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

Cluster Collection Manager salary at SMFG India Credit in India ranges between ₹5.7 Lakhs to ₹16.0 Lakhs for experience between 7 years to 18 years. According to our estimates it is 10% more than the average Cluster Collection Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of SMFG India Credit India.

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

The average salary of a Cluster Collection Manager at SMFG India Credit is 10% more than the average salary of a Cluster Collection Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Collection Manager at SMFG India Credit?

Collection Management, Recovery, Collections, Mortgage Loans and Team Handling are some of the popular skills required to work as a Cluster Collection Manager at SMFG India Credit India.

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

Bajaj Finserv Cluster Collection Manager Salary - ₹12.8 Lakhs to ₹20.5 Lakhs per year
Tata Capital Cluster Collection Manager Salary - ₹6.0 Lakhs to ₹16.5 Lakhs per year

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

ICICI Bank Cluster Collection Manager Salary - ₹7.3 Lakhs to ₹10.0 Lakhs per year
HDB Financial Services Cluster Collection Manager Salary - ₹6.3 Lakhs to ₹8.3 Lakhs per year
Manappuram Finance Cluster Collection Manager Salary - ₹7.0 Lakhs to ₹8.5 Lakhs per year
HDFC Bank Cluster Collection Manager Salary - ₹6.1 Lakhs to ₹9.0 Lakhs per year
Annapurna Finance Cluster Collection Manager Salary - ₹2.6 Lakhs to ₹9.4 Lakhs per year

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

The estimated take-home salary of a Cluster Collection Manager at SMFG India Credit ranges between ₹73,721 per month to ₹75,626 per month in India. The take-home salary calculation is based on the average SMFG India Credit Cluster Collection Manager salary in India which ranges between ₹5.7 Lakhs to ₹16.0 Lakhs per year for employees with experience between 7 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 85% of the SMFG India Credit Cluster Collection Managers reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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SMFG India Credit Cluster Collection Manager Salaries by Location

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SMFG India Credit Cluster Collection Manager Salaries

SMFG India Credit Cluster Collection Manager salary in India ranges between ₹5.7 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 SMFG India Credit latest salaries received from various employees of SMFG India Credit.

SMFG India Credit Cluster Collection Manager salaries in India (Updated 2025)

Companies similar to SMFG India Credit for Cluster Collection Manager

Latest annual salaries shared by SMFG India Credit Cluster Collection Manager

Experience wise SMFG India Credit Cluster Collection Manager salaries

Similar Designation salaries in SMFG India Credit

Top skills at SMFG India Credit for Cluster Collection Manager

Salary related reviews for SMFG India Credit

Transaction Officer in Lucknow

Individual Relationship Officer in Warangal

Branch Collection Incharge in Godhra

Collection Officer in Mumbai

Territory Collection Manager in Coimbatore

SMFG India Credit Cluster Collection Manager Salary FAQs

Tell us how to improve this page.

SMFG India Credit Cluster Collection Manager Salaries by Location