SMFG India Credit Collections Manager Salaries by 100+ Employees (Updated 2025)

4 - 11 years exp.

₹2.2 Lakhs - ₹8.1 Lakhs

Salary of majority employees

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. (61 salaries)	₹2.6 L/yr - ₹8.1 L/yr
BFSI, Investments & Trading Collections Manager Salary 4 - 10 years exp. (40 salaries)	₹3 L/yr - ₹7.6 L/yr
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Risk Management & Compliance Collections Manager Salary 4 - 10 years exp. (29 salaries)	₹3.2 L/yr - ₹7.7 L/yr
Customer Success, Service & Operations Collections Manager Salary 6 - 9 years exp. (5 salaries)	₹4 L/yr - ₹7.3 L/yr
Sales & Business Development Collections Manager Salary 6 - 9 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr

Last Updated: 22 Feb 2025

Companies similar to SMFG India Credit for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Collections Manager Salary 0 - 10 years exp. (421 salaries)	₹1.2 L/yr - ₹8.5 L/yr 3% more
HDFC Bank Collections Manager Salary 0 - 18 years exp. (1.1k salaries)	₹3 L/yr - ₹11.1 L/yr 35% more	3 job openings
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ICICI Bank Collections Manager Salary 3 - 15 years exp. (318 salaries)	₹2.5 L/yr - ₹12 L/yr 51% more
Axis Bank Collections Manager Salary 4 - 14 years exp. (285 salaries)	₹2.9 L/yr - ₹13 L/yr 52% more
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (302 salaries)	₹1.8 L/yr - ₹9.8 L/yr 27% more
Yes Bank Collections Manager Salary 4 - 15 years exp. (141 salaries)	₹4.2 L/yr - ₹10.5 L/yr 57% more	2 job openings
IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (568 salaries)	₹2 L/yr - ₹10.6 L/yr 33% more
IndusInd Bank Collections Manager Salary 1 - 14 years exp. (200 salaries)	₹2 L/yr - ₹10.1 L/yr 34% more
RBL Bank Collections Manager Salary 3 - 11 years exp. (74 salaries)	₹2.2 L/yr - ₹10 L/yr 15% more
Tata Capital Collections Manager Salary 3 - 13 years exp. (293 salaries)	₹2.4 L/yr - ₹9.5 L/yr 28% more	12 job openings
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (340 salaries)	₹1.2 L/yr - ₹9.5 L/yr 1% more
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HDB Financial Services Collections Manager Salary 2 - 17 years exp. (264 salaries)	₹3 L/yr - ₹9 L/yr 30% more	8 job openings
L&T Finance Collections Manager Salary 4 - 12 years exp. (117 salaries)	₹2.5 L/yr - ₹8.6 L/yr 26% more
Mahindra Rural Housing Finance Collections Manager Salary 1 - 10 years exp. (136 salaries)	₹1.2 L/yr - ₹5.5 L/yr 42% less	1 job opening
Shriram Finance Collections Manager Salary 4 - 10 years exp. (113 salaries)	₹2.2 L/yr - ₹6 L/yr 17% less
Aditya Birla Finance Collections Manager Salary 0 - 11 years exp. (115 salaries)	₹3.6 L/yr - ₹10.8 L/yr 33% more
TVS Credit Collections Manager Salary 3 - 15 years exp. (78 salaries)	₹3.2 L/yr - ₹6.6 L/yr 8% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (78 salaries)	₹1.5 L/yr - ₹5.5 L/yr 25% less
Aditya Birla Capital Collections Manager Salary 3 - 13 years exp. (74 salaries)	₹3.1 L/yr - ₹10.3 L/yr 37% more
Tata Motors Finance Collections Manager Salary 2 - 10 years exp. (55 salaries)	₹2.2 L/yr - ₹5 L/yr 26% less

View all

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 186 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Collections Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
4 years (26 salaries)	₹2.6 L/yr - ₹5.3 L/yr
5 years (28 salaries)	₹2.2 L/yr - ₹7.5 L/yr
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6 years (36 salaries)	₹2.5 L/yr - ₹7 L/yr
7 years (33 salaries)	₹2.5 L/yr - ₹8.1 L/yr
8 years (18 salaries)	₹3 L/yr - ₹7 L/yr
9 years (21 salaries)	₹3.6 L/yr - ₹7.7 L/yr
10 years (19 salaries)	₹3.2 L/yr - ₹7.6 L/yr
11 years (5 salaries)	₹4 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in SMFG India Credit

Collection Officer Salary

(99 salaries)

₹0.95 L/yr - ₹4.5 L/yr

Area Collection Manager Salary

(22 salaries)

₹3.1 L/yr - ₹9.26 L/yr

Zonal Collection Manager Salary

(6 salaries)

₹13.95 L/yr - ₹44 L/yr

Branch Collection Manager Salary

(35 salaries)

₹2.1 L/yr - ₹5.48 L/yr

Cluster Manager Salary

(56 salaries)

₹5 L/yr - ₹18.87 L/yr

Relationship Manager Salary

(334 salaries)

₹2.35 L/yr - ₹6.6 L/yr

Recovery Manager Salary

(10 salaries)

₹2.5 L/yr - ₹5 L/yr

Debt Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Branch Manager Salary

(50 salaries)

₹2.7 L/yr - ₹12.06 L/yr

Agency Manager Salary

(188 salaries)

₹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 104 employees for salary & benefits

Collection Officer in Mumbai

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.

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

Territory Collection Manager in Coimbatore

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.

Skill development - Poor

+3 more

Collection Officer in Lalgudi

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.

Salary - Excellent

+2 more

Dislikes

Team members have lot of problems due to partiality and politics

Job security - Poor

Area Manager in Ahmedabad

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.

Salary - Excellent

+6 more

Dislikes

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

Agency Manager in Kapadvanj

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

Skill development - Poor

+4 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 186 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
Axis Bank Collections Manager Salary - ₹2.9 Lakhs to ₹13.0 Lakhs per year
ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 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 - ₹2.0 Lakhs to ₹10.1 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 ₹36,159 per month to ₹37,382 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 230 responses on AmbitionBox in last 2 years.

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SMFG India Credit Collections Manager Salaries

SMFG India Credit Collections Manager salary in India ranges between ₹2.2 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 186 SMFG India Credit latest salaries received from various employees of SMFG India Credit.

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

Companies similar to SMFG India Credit for Collections Manager

Latest annual salaries shared by SMFG India Credit Collections Manager

Experience wise SMFG India Credit Collections Manager salaries

Similar Designation salaries in SMFG India Credit

Top skills at SMFG India Credit for Collections Manager

Salary related reviews for SMFG India Credit

Collection Officer in Mumbai

Territory Collection Manager in Coimbatore

Collection Officer in Lalgudi

Area Manager in Ahmedabad

Agency Manager in Kapadvanj

SMFG India Credit Collections Manager Salary FAQs

Tell us how to improve this page.

SMFG India Credit Collections Manager Salaries by Location