SMFG India Credit Cluster Credit Manager Salaries by 60+ Employees (Updated 2024)

5 - 13 years exp.

₹4.3 Lakhs - ₹17.9 Lakhs

Salary of majority employees

At par with the average Cluster Credit Manager Salary in NBFC Companies for 5 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 5 - 13 years exp. (29 salaries)	₹4.6 L/yr - ₹15.5 L/yr
Finance & Accounting Cluster Credit Manager Salary 5 - 13 years exp. (22 salaries)	₹4.3 L/yr - ₹18.5 L/yr
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Risk Management & Compliance Cluster Credit Manager Salary 10 - 13 years exp. (4 salaries)	₹10.1 L/yr - ₹17.7 L/yr

Last Updated: 22 Sep 2024

Companies similar to SMFG India Credit for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (16 salaries)	₹12.3 L/yr - ₹19.8 L/yr 60% more
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 35% less
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Tata Capital Cluster Credit Manager Salary 6 - 21 years exp. (5 salaries)	₹12.1 L/yr - ₹17 L/yr 47% more
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 12% less
Edelweiss Cluster Credit Manager Salary 3 - 6 years exp. (9 salaries)	₹10 L/yr - ₹14.3 L/yr 26% more
IDFC FIRST Bharat Cluster Credit Manager Salary 6 - 13 years exp. (76 salaries)	₹5 L/yr - ₹11.2 L/yr 11% less
IIFL SAMASTA Cluster Credit Manager Salary 6 - 13 years exp. (47 salaries)	₹5.5 L/yr - ₹13.3 L/yr 13% less
HDB Financial Services Cluster Credit Manager Salary 13 - 20 years exp. (39 salaries)	₹12.8 L/yr - ₹24 L/yr 89% more	1 job opening
Annapurna Finance Cluster Credit Manager Salary 6 - 17 years exp. (30 salaries)	₹4.5 L/yr - ₹16 L/yr 8% less
Manappuram Finance Cluster Credit Manager Salary 6 - 14 years exp. (8 salaries)	₹5 L/yr - ₹7.9 L/yr 36% less
Muthoot Fincorp Cluster Credit Manager Salary 5 - 15 years exp. (6 salaries)	₹10 L/yr - ₹13 L/yr 9% more
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SK Finance Limited Cluster Credit Manager Salary 9 - 14 years exp. (5 salaries)	₹8.4 L/yr - ₹12.5 L/yr 5% more
IIFL Finance Cluster Credit Manager Salary 7 - 14 years exp. (4 salaries)	₹6.3 L/yr - ₹8.2 L/yr 32% less
Satin Creditcare Network Cluster Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr 33% less
Bharat Financial Inclusion Cluster Credit Manager Salary 0 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.9 L/yr 35% less

Cluster Credit Manager salary at SMFG India Credit ranges between ₹4.3 Lakhs to ₹17.9 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 68 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Cluster Credit Manager salaries

Last Updated: 22 Sep 2024

Experience	Avg Annual Salary
5 years (4 salaries)	₹5 L/yr - ₹10 L/yr
6 years (5 salaries)	₹4.5 L/yr - ₹17 L/yr
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7 years (5 salaries)	₹4.6 L/yr - ₹14 L/yr
8 years (13 salaries)	₹4.3 L/yr - ₹14 L/yr
9 years (7 salaries)	₹5 L/yr - ₹14.5 L/yr
10 years (13 salaries)	₹6.1 L/yr - ₹17.7 L/yr
11 years (5 salaries)	₹7.2 L/yr - ₹18.5 L/yr
12 years (11 salaries)	₹5.3 L/yr - ₹13 L/yr
13 years (5 salaries)	₹7.9 L/yr - ₹17 L/yr

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Similar Designation salaries in SMFG India Credit

Area Credit Manager Salary

(41 salaries)

₹6 L/yr - ₹21.64 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Branch Credit Manager Salary

(305 salaries)

₹1.95 L/yr - ₹9.25 L/yr

Zonal Credit Manager Salary

(3 salaries)

₹28.8 L/yr - ₹38.2 L/yr

Assistant Credit Manager Salary

(4 salaries)

₹2.2 L/yr - ₹3 L/yr

Regional Credit Manager Salary

(12 salaries)

₹22 L/yr - ₹40 L/yr

Credit Manager Salary

(345 salaries)

₹2.35 L/yr - ₹11.36 L/yr

Senior Credit Officer Salary

(11 salaries)

₹1.43 L/yr - ₹3 L/yr

Relationship Manager Salary

(95 salaries)

₹2 L/yr - ₹6.25 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Top skills at SMFG India Credit for Cluster Credit Manager

Credit Underwriting Underwriting Team Handling Credit Management Personal Loans Risk Management Financial Management Business Loan Portfolio Management Credit Processing Credit Policy Business Management

Salary related reviews for SMFG India Credit

4.1

Rated by 10 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

Dislikes

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

Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Mar 2023

5.0

for Salary and Benefits

Likes

I am very happy from this this company People Management, Working Pattern, Salary & Perks, Work Life Balance except other things like Learning & Development, Motivational Thoughts.

Dislikes

Learning & Development, Next Level (Promotion).

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

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.

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.

Dislikes

...policy. Company hold the old staff. they can't support new join . No pramotions. They not pay TA DA expenses properly.

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What people are saying about SMFG India Credit

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an executive

Job switch

Hi I have joined SMFG India Credit last year and I am working in Fraud risk management unit and I have 1.7 years of experience and I am pursuing my MBA in marketing feild so I am planning to stwich my job in digital marketing feild as a social media ad campaign manager so anyone having any reference so please share me that would be a great help...

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SMFG India Credit Cluster Credit Manager Salary FAQs

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

Cluster Credit Manager salary at SMFG India Credit in India ranges between ₹4.3 Lakhs to ₹17.9 Lakhs for experience between 5 years to 13 years. Salary estimates are based on 68 latest salaries received from various employees of SMFG India Credit India.

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

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

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

HDB Financial Services Cluster Credit Manager Salary - ₹12.8 Lakhs to ₹24.0 Lakhs per year
Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹19.8 Lakhs per year
Tata Capital Cluster Credit Manager Salary - ₹12.1 Lakhs to ₹17.0 Lakhs per year
Edelweiss Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹14.3 Lakhs per year
Muthoot Fincorp Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹13.0 Lakhs per year

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

SK Finance Limited Cluster Credit Manager Salary - ₹8.4 Lakhs to ₹12.5 Lakhs per year
Annapurna Finance Cluster Credit Manager Salary - ₹4.5 Lakhs to ₹16.0 Lakhs per year
IDFC FIRST Bharat Cluster Credit Manager Salary - ₹5.0 Lakhs to ₹11.2 Lakhs per year
Mahindra Finance Cluster Credit Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
IIFL SAMASTA Cluster Credit Manager Salary - ₹5.5 Lakhs to ₹13.3 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Manager at SMFG India Credit ranges between ₹72,811 per month to ₹74,690 per month in India. The take-home salary calculation is based on the average SMFG India Credit Cluster Credit Manager salary in India which ranges between ₹4.3 Lakhs to ₹17.9 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 92% of the SMFG India Credit Cluster Credit Managers reported a notice period of 3 Months, 5% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 36 responses on AmbitionBox in last 2 years.

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SMFG India Credit Cluster Credit Manager Salaries

SMFG India Credit Cluster Credit Manager salary in India ranges between ₹4.3 Lakhs to ₹17.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 68 SMFG India Credit latest salaries received from various employees of SMFG India Credit.