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SMFG India Credit Collections Manager salaries in India (Updated 2025)

Annual salary range
4 - 10 years exp.
₹2 Lakhs - ₹7.7 Lakhs
Salary of majority employees
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15% less than the average Collections Manager Salary in NBFC Companies for 4 - 10 years of experience

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Salaries in different departments

Finance & Accounting
Collections Manager Salary
4 - 10 years exp. (63 salaries)
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₹2.6 L/yr - ₹7.5 L/yr

BFSI, Investments & Trading
Collections Manager Salary
4 - 10 years exp. (41 salaries)
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₹3 L/yr - ₹7.6 L/yr

Risk Management & Compliance
Collections Manager Salary
4 - 10 years exp. (30 salaries)
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₹2 L/yr - ₹7.7 L/yr

Customer Success, Service & Operations
Collections Manager Salary
6 - 9 years exp. (6 salaries)
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₹4 L/yr - ₹7.3 L/yr

Sales & Business Development
Collections Manager Salary
6 - 9 years exp. (5 salaries)
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₹2.5 L/yr - ₹4.7 L/yr

Last Updated: 20 Mar 2025

Companies similar to SMFG India Credit for Collections Manager

Company name Avg Annual Salary Open Jobs
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₹2.8 L/yr - ₹9 L/yr

arrow icon 31% more
8 job openings
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Bajaj Finance Collections Manager Salary

0 - 11 years exp. (340 salaries)

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₹1.2 L/yr - ₹7.8 L/yr

arrow icon 1% more
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Shriram Finance Collections Manager Salary

2 - 10 years exp. (184 salaries)

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₹1.9 L/yr - ₹6 L/yr

arrow icon 19% less
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L&T Finance Collections Manager Salary

4 - 12 years exp. (181 salaries)

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₹2.4 L/yr - ₹9.8 L/yr

arrow icon 27% more
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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 39% less
1 job opening
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Aditya Birla Finance Collections Manager Salary

0 - 9 years exp. (103 salaries)

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₹3.6 L/yr - ₹9 L/yr

arrow icon 29% more
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TVS Credit Collections Manager Salary

3 - 15 years exp. (76 salaries)

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₹3.2 L/yr - ₹6.5 L/yr

arrow icon 8% more
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Mahindra Finance Collections Manager Salary

2 - 10 years exp. (73 salaries)

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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 23% less
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IIFL Finance Collections Manager Salary

3 - 10 years exp. (54 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 6% more
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Tata Motors Finance Collections Manager Salary

4 - 11 years exp. (55 salaries)

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₹2.2 L/yr - ₹5 L/yr

arrow icon 25% less
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Veritas Finance Collections Manager Salary

3 - 7 years exp. (41 salaries)

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₹1.8 L/yr - ₹3.6 L/yr

arrow icon 39% less
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Home Credit Finance Collections Manager Salary

3 - 13 years exp. (32 salaries)

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₹2.5 L/yr - ₹6.2 L/yr

arrow icon 17% less
1 job opening
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Muthoot Finance Collections Manager Salary

3 - 11 years exp. (16 salaries)

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₹2.3 L/yr - ₹5.5 L/yr

arrow icon 3% less
5 job openings
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Manappuram Finance Collections Manager Salary

1 - 10 years exp. (14 salaries)

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₹2.1 L/yr - ₹6.5 L/yr

arrow icon 1% more
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SK Finance Limited Collections Manager Salary

0 - 14 years exp. (13 salaries)

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₹2.9 L/yr - ₹10 L/yr

arrow icon 43% more
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Muthoot Fincorp Collections Manager Salary

4 - 11 years exp. (12 salaries)

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₹2.7 L/yr - ₹6.8 L/yr

arrow icon 5% less
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Aye Finance Collections Manager Salary

4 - 12 years exp. (9 salaries)

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₹3.5 L/yr - ₹6.8 L/yr

arrow icon 5% more
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Satin Finserv Collections Manager Salary

3 - 10 years exp. (6 salaries)

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₹2.5 L/yr - ₹7 L/yr

arrow icon 4% more
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₹4.2 L/yr - ₹5 L/yr

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₹3.7 L/yr - ₹5.5 L/yr

arrow icon 2% more
View all
Collections Manager salary at SMFG India Credit ranges between ₹2 Lakhs to ₹7.7 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 189 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Collections Manager

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6 years exp.
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7 years exp.
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Experience wise SMFG India Credit Collections Manager salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
4 years  (28 salaries)

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₹2 L/yr - ₹5.3 L/yr
5 years  (29 salaries)

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₹2.2 L/yr - ₹7.5 L/yr
6 years  (37 salaries)

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₹2.5 L/yr - ₹7 L/yr
7 years  (35 salaries)

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₹2.5 L/yr - ₹7.3 L/yr
8 years  (19 salaries)

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₹3 L/yr - ₹7 L/yr
View all

Similar Designation salaries in SMFG India Credit

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₹0.95 L/yr - ₹4.5 L/yr
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₹3.1 L/yr - ₹9.26 L/yr
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₹13.95 L/yr - ₹44 L/yr
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₹2.1 L/yr - ₹5.48 L/yr
Cluster Manager Salary
(75 salaries)
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₹5 L/yr - ₹20.98 L/yr
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₹2.35 L/yr - ₹6.6 L/yr
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₹2.5 L/yr - ₹5 L/yr
Debt Manager Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Branch Manager Salary
(46 salaries)
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₹3.44 L/yr - ₹12.65 L/yr
Agency Manager Salary
(191 salaries)
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₹2.3 L/yr - ₹6.3 L/yr

Top skills at SMFG India Credit for Collections Manager

Collection Management Collections Recovery Financial Management Mortgage Loans Collections Strategy Recovery Operations Collection Management Personal Loans Agency Management Collections Team Handling Collections Strategy Receipt Finance

Salary related reviews for SMFG India Credit

4.2

Rated by 108 employees for salary & benefits

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.

read more
  • 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

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.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

Collection department Department

4.0
  •  posted on 15 Nov 2022

5.0
 for  Salary and Benefits

Likes

...rs are very selfish and cannot think about team members life. So I disappointed. But company salary and incentives are very attractive.

read more
  • Salary - Excellent
  • +2 more

Dislikes

Team members have lot of problems due to partiality and politics

  • Job security - Poor

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 25 Apr 2022

5.0
 for  Salary and Benefits

Likes

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

read more
  • Salary - Excellent
  • +6 more

Dislikes

Only system issues and software not working properly. IT issue.

BFSI, Investments & Trading Department

2.0
  •  posted on 10 Dec 2021

5.0
 for  Salary and Benefits

Likes

Good supports from local siniors ,Good incetives.

  • Salary - Excellent

Dislikes

Provide higer salary and grade to New recruited employee instade existing and vintage employee however had more efficient and more experienced.Internal politics by state heads.If ur perfomer good skills to hendling team didnt get proper reward.However company & Hr is verry good

read more
  • Skill development - Poor
  • +4 more
see more salary related reviews

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SMFG India Credit Collections Manager Salary FAQs

What is the salary of Collections Manager at SMFG India Credit ?
The average salary of a Collections Manager at SMFG India Credit in India typically ranges from ₹2.0 Lakhs to ₹7.7 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Collections Manager at SMFG India Credit earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹7.6 Lakhs per year. Collections 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 100+ SMFG India Credit employees in India.
What is the estimated take home salary of a Collections Manager at SMFG India Credit in India?
The estimated take-home salary of a Collections Manager at SMFG India Credit in India typically ranges from ₹35,819 to ₹37,047 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹7.7 Lakhs per year for employees with experience ranging from 4 years to 10 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 100+ 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 Collections Manager at SMFG India Credit ?
To be a Collections Manager at SMFG India Credit in india, the key skills required include:

  • - Collection Management
  • - Collections
  • - Recovery
  • - Financial Management
  • - Mortgage Loans

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 Collections Manager in India?
SK Finance Limited ₹2.9 Lakhs to ₹10.0 Lakhs per year
Bharat Financial Inclusion ₹6.1 Lakhs to ₹8.0 Lakhs per year
HDB Financial Services ₹2.8 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Finance ₹3.6 Lakhs to ₹9.0 Lakhs per year
L&T Finance ₹2.4 Lakhs to ₹9.8 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 Collections Manager in companies similar to SMFG India Credit in India?
The salary of a Collections 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 Microfin ₹4.8 Lakhs to ₹6.2 Lakhs per year
Annapurna Finance ₹4.2 Lakhs to ₹5.4 Lakhs per year
TVS Credit ₹3.2 Lakhs to ₹6.5 Lakhs per year
Satin Creditcare Network ₹3.8 Lakhs to ₹8.6 Lakhs per year
IIFL Finance ₹2.8 Lakhs to ₹7.0 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 Collections Manager at SMFG India Credit in India?
The salary growth for a Collections Manager at SMFG India Credit depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at SMFG India Credit:

Experience Average Salary Range
4 years ₹2.0 Lakhs to ₹5.3 Lakhs per year
5 years ₹2.2 Lakhs to ₹7.5 Lakhs per year
6 years ₹2.5 Lakhs to ₹7.0 Lakhs per year
7 years ₹2.5 Lakhs to ₹7.3 Lakhs per year
and so on.

Tell us how to improve this page.

SMFG India Credit Collections Manager salary in India ranges between ₹2 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 189 SMFG India Credit latest salaries received from various employees of SMFG India Credit.