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

3 - 8 years exp.

₹3 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹5.2 Lakhs

Variable (10%)

₹0.5 Lakh

34% less than the average Cluster Manager Operations Salary in NBFC Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Operations Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹10 L/yr
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Customer Success, Service & Operations Cluster Manager Operations Salary 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.9 L/yr

Last Updated: 20 Feb 2025

Companies similar to SMFG India Credit for Cluster Manager Operations

Company name	Avg Annual Salary	Open Jobs
Spandana Sphoorty Financial Cluster Manager Operations Salary 0 - 4 years exp. (8 salaries)	₹4 L/yr - ₹5.7 L/yr 8% less
Bajaj Finance Cluster Manager Operations Salary 9 - 11 years exp. (4 salaries)	₹13.6 L/yr - ₹18 L/yr 182% more
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Mahindra Rural Housing Finance Cluster Manager Operations Salary 5 - 14 years exp. (3 salaries)	₹6.4 L/yr - ₹7.5 L/yr 24% more
Ujjivan Small Finance Bank Cluster Manager Operations Salary 8 - 15 years exp. (35 salaries)	₹5.5 L/yr - ₹9 L/yr 38% more
Reliance Retail Cluster Manager Operations Salary 9 - 18 years exp. (25 salaries)	₹6 L/yr - ₹17.9 L/yr 123% more

Cluster Manager Operations salary at SMFG India Credit ranges between ₹3 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Cluster Manager Operations salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.6 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10 L/yr

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Top skills at SMFG India Credit for Cluster Manager Operations

Operations Management Operations NBFC housing loan

Salary related reviews for SMFG India Credit

Customer Relationship Officer in Mumbai

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• posted on 03 Oct 2024

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Salary on time no dedication any amt Company policy or company management or to good

Dislikes

Manager behavior not good with employees Timing issues for logg out No holiday for any festivals No benefit for extra hours seating showing Parcaility with hindu vs muslim

Skill development - Bad

+5 more

Senior Officer Operations in Chennai

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Nothing to like at Fullerton

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Giving confirmation to pay for additional extra hours OT work but not given such a politics company Almost 50k is pending from my end Total team payment is govindha govindha govindha

Salary - Poor

+3 more

Customer Relation Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2024

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Likes

Company is very good about salary and incentives

Dislikes

Nameet team Leder of retention process is very bad in behaviour. He Dont have sense of talking. And even don't give importance to the advisors family problems even if in critical situation

Salary - Poor

+6 more

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

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Area Manager in Ahmedabad

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..., Learning Various Products and Policy. Good Friendly Natural of Company Senior. Best Pay Scale in industry.

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SMFG India Credit Cluster Manager Operations Salary FAQs

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

The average salary of a Cluster Manager Operations at SMFG India Credit in India typically ranges from ₹3.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Cluster Manager Operations at SMFG India Credit earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Cluster Manager Operations 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 4 SMFG India Credit employees in India.

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

The estimated take-home salary of a Cluster Manager Operations at SMFG India Credit in India typically ranges from ₹43,545 to ₹44,658 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 3 years to 8 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 4 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 Manager Operations at SMFG India Credit ?

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

- Operations Management
- Operations
- NBFC
- housing loan

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

Which companies offer higher salaries than SMFG India Credit for Cluster Manager Operations in India?

Bajaj Finance	₹13.6 Lakhs to ₹18.0 Lakhs per year
Reliance Retail	₹6.0 Lakhs to ₹17.9 Lakhs per year
Ujjivan Small Finance Bank	₹5.5 Lakhs to ₹9.0 Lakhs per year
Mahindra Rural Housing Finance	₹6.4 Lakhs to ₹7.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SMFG India Credit, depending on the role and experience level.

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

The salary of a Cluster Manager Operations at companies similar to SMFG India Credit in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Spandana Sphoorty Financial

₹4.0 Lakhs to ₹5.7 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 Manager Operations at SMFG India Credit in India?

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

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
5 years	₹4.5 Lakhs to ₹8.6 Lakhs per year
6 years	₹5.7 Lakhs to ₹7.2 Lakhs per year

and so on.

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SMFG India Credit Cluster Manager Operations Salaries

SMFG India Credit Cluster Manager Operations salary in India ranges between ₹3 Lakhs to ₹10 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.