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

Annual salary range
4 - 11 years exp.
₹2.2 Lakhs - ₹8.1 Lakhs
Salary of majority employees
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14% less than the average Collections Manager Salary in NBFC Companies for 4 - 11 years of experience

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Salaries in different departments

Finance & Accounting
Collections Manager Salary
4 - 11 years exp. (64 salaries)
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₹2.6 L/yr - ₹8.1 L/yr

BFSI, Investments & Trading
Collections Manager Salary
4 - 10 years exp. (42 salaries)
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₹3 L/yr - ₹7.6 L/yr

Risk Management & Compliance
Collections Manager Salary
4 - 10 years exp. (29 salaries)
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₹3.2 L/yr - ₹7.7 L/yr

Customer Success, Service & Operations
Collections Manager Salary
6 - 9 years exp. (5 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 - ₹4.3 L/yr

Last Updated: 5 Mar 2025

Companies similar to SMFG India Credit for Collections Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Collections Manager Salary

0 - 10 years exp. (425 salaries)

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₹1.1 L/yr - ₹8.5 L/yr

arrow icon 4% more
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HDFC Bank Collections Manager Salary

0 - 18 years exp. (1.1k salaries)

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₹3 L/yr - ₹11.1 L/yr

arrow icon 36% more
2 job openings
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ICICI Bank Collections Manager Salary

3 - 15 years exp. (205 salaries)

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₹2.5 L/yr - ₹12 L/yr

arrow icon 54% more
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Axis Bank Collections Manager Salary

4 - 14 years exp. (285 salaries)

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₹2.9 L/yr - ₹13 L/yr

arrow icon 53% more
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Kotak Mahindra Bank Collections Manager Salary

3 - 14 years exp. (302 salaries)

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₹1.8 L/yr - ₹9.8 L/yr

arrow icon 28% more
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Yes Bank Collections Manager Salary

4 - 15 years exp. (141 salaries)

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₹4.2 L/yr - ₹10.5 L/yr

arrow icon 58% more
2 job openings
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IDFC FIRST Bank Collections Manager Salary

1 - 11 years exp. (568 salaries)

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₹2 L/yr - ₹10.6 L/yr

arrow icon 34% more
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IndusInd Bank Collections Manager Salary

1 - 14 years exp. (203 salaries)

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₹1.9 L/yr - ₹10 L/yr

arrow icon 35% more
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RBL Bank Collections Manager Salary

3 - 11 years exp. (74 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 16% more
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Tata Capital Collections Manager Salary

3 - 13 years exp. (293 salaries)

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₹2.4 L/yr - ₹9.5 L/yr

arrow icon 29% more
14 job openings
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Bajaj Finance Collections Manager Salary

0 - 10 years exp. (268 salaries)

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₹1.3 L/yr - ₹7.5 L/yr

arrow icon 6% less
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₹3 L/yr - ₹9 L/yr

arrow icon 30% more
9 job openings
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Shriram Finance Collections Manager Salary

2 - 10 years exp. (196 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 19% less
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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 41% less
1 job opening
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L&T Finance Collections Manager Salary

4 - 12 years exp. (117 salaries)

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₹2.5 L/yr - ₹8.6 L/yr

arrow icon 27% more
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Aditya Birla Finance Collections Manager Salary

0 - 11 years exp. (115 salaries)

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₹3.6 L/yr - ₹10.8 L/yr

arrow icon 34% more
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Mahindra Finance Collections Manager Salary

2 - 10 years exp. (78 salaries)

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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 24% less
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TVS Credit Collections Manager Salary

3 - 15 years exp. (78 salaries)

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₹3.2 L/yr - ₹6.6 L/yr

arrow icon 8% more
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Aditya Birla Capital Collections Manager Salary

3 - 13 years exp. (74 salaries)

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₹3.1 L/yr - ₹10.3 L/yr

arrow icon 38% more
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IIFL Finance Collections Manager Salary

3 - 12 years exp. (56 salaries)

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₹2.8 L/yr - ₹7.8 L/yr

arrow icon 1% more
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Collections Manager salary at SMFG India Credit ranges between ₹2.2 Lakhs to ₹8.1 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 192 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Collections Manager

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9 years exp.
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8 years exp.
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8 years exp.
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9 years exp.

Experience wise SMFG India Credit Collections Manager salaries

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
4 years  (27 salaries)

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₹2.6 L/yr - ₹5.3 L/yr
5 years  (29 salaries)

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₹2.2 L/yr - ₹7.5 L/yr
6 years  (36 salaries)

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₹2.5 L/yr - ₹7 L/yr
7 years  (33 salaries)

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₹2.5 L/yr - ₹8.1 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
(72 salaries)
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₹5 L/yr - ₹20.99 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
(50 salaries)
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₹2.7 L/yr - ₹12.06 L/yr
Agency Manager Salary
(190 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
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Salary related reviews for SMFG India Credit

4.2

Rated by 104 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?
Collections Manager salary at SMFG India Credit in India ranges between ₹2.2 Lakhs to ₹8.1 Lakhs for experience between 4 years to 11 years. According to our estimates it is 14% less than the average Collections Manager Salary in India. Salary estimates are based on 192 latest salaries received from various employees of SMFG India Credit India.
How does the salary of a Collections Manager at SMFG India Credit India compare with the average salary range for this job?
The average salary of a Collections Manager at SMFG India Credit is 14% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Collections Manager at SMFG India Credit?
Collection Management, Collections, Recovery, Financial Management and Mortgage Loans are some of the popular skills required to work as a Collections Manager at SMFG India Credit India.
Which similar companies are paying more than SMFG India Credit to a Collections Manager in India?
  • Yes Bank Collections Manager Salary - ₹4.2 Lakhs to ₹10.5 Lakhs per year
  • ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
  • Axis Bank Collections Manager Salary - ₹2.9 Lakhs to ₹13.0 Lakhs per year
  • SK Finance Limited Collections Manager Salary - ₹3.1 Lakhs to ₹10.0 Lakhs per year
  • Aditya Birla Capital Collections Manager Salary - ₹3.1 Lakhs to ₹10.3 Lakhs per year
What is the salary of a Collections Manager in companies similar to SMFG India Credit in India?
  • HDFC Bank Collections Manager Salary - ₹3.0 Lakhs to ₹11.1 Lakhs per year
  • IndusInd Bank Collections Manager Salary - ₹1.9 Lakhs to ₹10.0 Lakhs per year
  • Aditya Birla Finance Collections Manager Salary - ₹3.6 Lakhs to ₹10.8 Lakhs per year
  • IDFC FIRST Bank Collections Manager Salary - ₹2.0 Lakhs to ₹10.6 Lakhs per year
  • Edelweiss Collections Manager Salary - ₹3.5 Lakhs to ₹10.5 Lakhs per year
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 ranges between ₹35,868 per month to ₹37,094 per month in India. The take-home salary calculation is based on the average SMFG India Credit Collections Manager salary in India which ranges between ₹2.2 Lakhs to ₹8.1 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Collections Manager at SMFG India Credit?
According to AmbitionBox, 68% of the SMFG India Credit Collections Managers reported a notice period of 3 Months, 17% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 231 responses on AmbitionBox in last 2 years.

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SMFG India Credit Collections Manager salary in India ranges between ₹2.2 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 192 SMFG India Credit latest salaries received from various employees of SMFG India Credit.