SMFG India Credit Mumbai Cluster Credit Manager Salaries by 4 Employees (Updated 2025)

9 - 11 years exp.

₹14.5 Lakhs - ₹18.5 Lakhs

Salary of majority employees

57% more than the average Cluster Credit Manager Salary in NBFC Companies for 9 - 11 years of experience

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Last Updated: 17 Mar 2023

Companies similar to SMFG India Credit for Cluster Credit Manager in Mumbai

SMFG India Credit Cluster Credit Manager Salary

9 - 11 years exp. (4 salaries)

₹14.5 L/yr - ₹18.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Cluster Credit Manager Salary 4 - 11 years exp. (3 salaries)	₹10.7 L/yr - ₹15 L/yr 22% less
Edelweiss Cluster Credit Manager Salary 3 - 6 years exp. (5 salaries)	₹10 L/yr - ₹14 L/yr 23% less
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HDB Financial Services Cluster Credit Manager Salary 13 - 16 years exp. (4 salaries)	₹11.9 L/yr - ₹23 L/yr 17% more
Hinduja Housing Finance Cluster Credit Manager Salary 1 - 12 years exp. (24 salaries)	₹3.6 L/yr - ₹9.2 L/yr 63% less	4 job openings
Piramal Capital Housing Finance Cluster Credit Manager Salary 7 - 19 years exp. (19 salaries)	₹13 L/yr - ₹19.7 L/yr 5% less

Cluster Credit Manager salary at SMFG India Credit ranges between ₹14.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Cluster Credit Manager salaries in Mumbai

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹29.1 L/yr
10 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹29.4 L/yr
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11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹18.5 L/yr

Similar Designation salaries in SMFG India Credit

Credit Manager Salary

(74 salaries)

₹3.2 L/yr - ₹13.3 L/yr

Relationship Manager Salary

(9 salaries)

₹2.88 L/yr - ₹4.6 L/yr

Top skills at SMFG India Credit for Cluster Credit Manager

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

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

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.

Salary - Excellent

+4 more

Dislikes

Learning & Development, Next Level (Promotion).

Skill development - Poor

+1 more

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

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Salary Discussions, Hike & Promotions

2w (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 Credit Manager Salary FAQs

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

Cluster Credit Manager salary at SMFG India Credit in Mumbai ranges between ₹14.5 Lakhs to ₹18.5 Lakhs for experience between 9 years to 11 years. According to our estimates it is 57% more than the average Cluster Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SMFG India Credit Mumbai.

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

The average salary of a Cluster Credit Manager at SMFG India Credit is 57% more than the average salary of a Cluster Credit Manager in Mumbai. To know exact salary insights, login to view.

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

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

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

HDB Financial Services Cluster Credit Manager Salary - ₹11.9 Lakhs to ₹23.0 Lakhs per year

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

Piramal Capital Housing Finance Cluster Credit Manager Salary - ₹13.0 Lakhs to ₹19.7 Lakhs per year
Tata Capital Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹15.0 Lakhs per year
Edelweiss Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹14.0 Lakhs per year
Hinduja Housing Finance Cluster Credit Manager Salary - ₹3.6 Lakhs to ₹9.2 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Manager at SMFG India Credit ranges between ₹1,10,520 per month to ₹1,13,581 per month in Mumbai. The take-home salary calculation is based on the average SMFG India Credit Cluster Credit Manager salary in India which ranges between ₹14.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 9 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SMFG India Credit Cluster Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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SMFG India Credit Cluster Credit Manager Salaries in Mumbai

SMFG India Credit Cluster Credit Manager salary in Mumbai ranges between ₹14.5 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SMFG India Credit latest salaries received from various employees of SMFG India Credit.