SMFG India Credit Cluster Risk Manager Salaries by 9 Employees

4 - 12 years exp.

₹5 Lakhs - ₹7.8 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Cluster Risk Manager Salary in NBFC Companies for 4 - 12 years of experience

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Salaries in different departments

Finance & Accounting Cluster Risk Manager Salary 5 - 12 years exp. (5 salaries)	₹5.1 L/yr - ₹7.8 L/yr
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BFSI, Investments & Trading Cluster Risk Manager Salary 4 - 10 years exp. (4 salaries)	₹5 L/yr - ₹6.7 L/yr

Last Updated: 11 Nov 2023

Companies similar to SMFG India Credit for Cluster Risk Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Risk Manager Salary 5 - 12 years exp. (4 salaries)	₹16 L/yr - ₹21.1 L/yr 223% more
L&T Finance Cluster Risk Manager Salary 6 - 10 years exp. (38 salaries)	₹5.3 L/yr - ₹9.6 L/yr 34% more
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Satin Creditcare Network Cluster Risk Manager Salary 5 - 12 years exp. (7 salaries)	₹4.8 L/yr - ₹5.8 L/yr 5% less
Unity Small Finance Bank Cluster Risk Manager Salary 2 - 9 years exp. (12 salaries)	₹3.4 L/yr - ₹5.1 L/yr 27% less
Svatantra Microfin Cluster Risk Manager Salary 0 - 3 years exp. (6 salaries)	₹4 L/yr - ₹5.5 L/yr 14% less

Cluster Risk Manager salary at SMFG India Credit ranges between ₹5 Lakhs to ₹7.8 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 9 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Cluster Risk Manager salaries

Last Updated: 11 Nov 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.7 L/yr
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6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹10.1 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.4 L/yr
11 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.7 L/yr
12 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.8 L/yr

View all

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Salary related reviews for SMFG India Credit

4.4

Rated by 5 employees for salary & benefits

Cluster Risk Manager in Shivamogga

Finance & Accounting Department

4.0

• posted on 29 Sep 2018

5.0

for Salary and Benefits

Likes

Excellent learning platform, and excellent growth if work hard, nothing to worry about salary, work environment is good, platform to know or do new innovations, etc overall satisfactory

Salary - Excellent

+6 more

Dislikes

overall excellent

Cluster Risk Manager

Risk Department

4.0

• posted on 10 May 2018

5.0

for Salary and Benefits

Likes

In terms of Compensation and work hour it is the best company but if u are in initial years of your career and you need to develop ur skills and learn it's not ur place. It not corporate culture it can be described as full Desi culture

Salary - Excellent

+3 more

Dislikes

Corporate Culture is missing no ethical standards Senior Management is not qualified enough

Branch Manager in Mumbai

Vehicle Finance Department

5.0

• posted on 26 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Tele Calling Officer in Rajahmundry

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 15 Dec 2024

4.0

for Salary and Benefits

Likes

I worked as a tele calling officer. I like the salary and benefits. But I didn't receive them because of I'm a tele calling officer l.

Salary - Good

Dislikes

Internal politics. Senior officers are very rude to freshers. Very less opportunities to promotions. Unsecured for women.

Promotions - Poor

+2 more

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

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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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SMFG India Credit Cluster Risk Manager Salary FAQs

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

The average salary of a Cluster Risk Manager at SMFG India Credit in India typically ranges from ₹5.0 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Cluster Risk Manager at SMFG India Credit earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Cluster Risk 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 9 SMFG India Credit employees in India.

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

The estimated take-home salary of a Cluster Risk Manager at SMFG India Credit in India typically ranges from ₹42,927 to ₹44,049 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 4 years to 12 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 9 salaries received from various employees of SMFG India Credit. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Bajaj Finance	₹16.0 Lakhs to ₹21.1 Lakhs per year
L&T Finance	₹5.3 Lakhs to ₹9.6 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 Risk Manager in companies similar to SMFG India Credit in India?

The salary of a Cluster Risk 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:

Satin Creditcare Network	₹4.8 Lakhs to ₹5.8 Lakhs per year
Svatantra Microfin	₹4.0 Lakhs to ₹5.5 Lakhs per year
Unity Small Finance Bank	₹3.4 Lakhs to ₹5.1 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 Risk Manager at SMFG India Credit in India?

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

Experience	Average Salary Range
4 years	₹2.1 Lakhs to ₹5.5 Lakhs per year
5 years	₹2.2 Lakhs to ₹5.7 Lakhs per year
6 years	₹2.2 Lakhs to ₹6.0 Lakhs per year
7 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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SMFG India Credit Cluster Risk Manager Salaries

SMFG India Credit Cluster Risk Manager salary in India ranges between ₹5 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 SMFG India Credit latest salaries received from various employees of SMFG India Credit.