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

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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
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
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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
Muthoot Fincorp Cluster Collection Manager Salary 13 - 14 years exp. (3 salaries)	₹6.5 L/yr - ₹9.8 L/yr 15% less

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

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Senior Relationship Manager Salary

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Senior Manager Credit Salary

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₹6.1 L/yr - ₹19.5 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

3.2

Rated by 4 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SMFG India Credit Cluster Collection Manager Salary FAQs

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

The average salary of a Cluster Collection Manager at SMFG India Credit in India typically ranges from ₹5.7 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of Cluster Collection Manager at SMFG India Credit earn more than ₹12.9 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Cluster Collection 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 30+ SMFG India Credit employees in India.

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 in India typically ranges from ₹73,721 to ₹75,626 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 7 years to 18 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 30+ 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 Cluster Collection Manager at SMFG India Credit ?

To be a Cluster Collection Manager at SMFG India Credit in india, the key skills required include:

- Collection Management
- Recovery
- Collections
- Mortgage Loans
- Team Handling

These skills are highly valued at SMFG India Credit and are crucial for successful performance in a Software Engineering role.

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

The salary of a Cluster Collection 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:

Muthoot Fincorp	₹6.5 Lakhs to ₹9.8 Lakhs per year
HDB Financial Services	₹6.3 Lakhs to ₹8.3 Lakhs per year
Manappuram Finance	₹7.0 Lakhs to ₹8.5 Lakhs per year
Annapurna Finance	₹2.6 Lakhs to ₹9.4 Lakhs per year
Bharat Financial Inclusion	₹5.0 Lakhs to ₹6.0 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 Cluster Collection Manager at SMFG India Credit in India?

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

Experience	Average Salary Range
7 years	₹9.0 Lakhs to ₹17.2 Lakhs per year
8 years	₹8.3 Lakhs to ₹17.5 Lakhs per year
9 years	₹5.7 Lakhs to ₹17.7 Lakhs per year
10 years	₹4.0 Lakhs to ₹12.0 Lakhs per year

and so on.

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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