SMFG India Credit Chennai Collections Manager Salaries by 10 Employees

4 - 10 years exp.

₹2.5 Lakhs - ₹5.7 Lakhs

Salary of majority employees

21% less than the average Collections Manager Salary in NBFC Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 5 - 7 years exp. (5 salaries)	₹4.1 L/yr - ₹5.7 L/yr
Finance & Accounting Collections Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5 L/yr
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Risk Management & Compliance Collections Manager Salary 7 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.8 L/yr

Last Updated: 7 Oct 2024

Companies similar to SMFG India Credit for Collections Manager in Chennai

SMFG India Credit Collections Manager Salary

4 - 10 years exp. (10 salaries)

₹2.5 L/yr - ₹5.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Collections Manager Salary 3 - 10 years exp. (14 salaries)	₹2.2 L/yr - ₹6 L/yr 18% less
Aditya Birla Finance Collections Manager Salary 4 - 9 years exp. (7 salaries)	₹3.9 L/yr - ₹8.5 L/yr 39% more
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L&T Finance Collections Manager Salary 6 - 10 years exp. (7 salaries)	₹5.5 L/yr - ₹8.6 L/yr 25% more
Mahindra Rural Housing Finance Collections Manager Salary 3 - 7 years exp. (6 salaries)	₹1.8 L/yr - ₹3.6 L/yr 34% less
TVS Credit Collections Manager Salary 7 - 12 years exp. (5 salaries)	₹4.1 L/yr - ₹5.7 L/yr 10% more
IIFL Finance Collections Manager Salary 6 - 10 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 12% more

Collections Manager salary at SMFG India Credit ranges between ₹2.5 Lakhs to ₹5.7 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 10 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Collections Manager salaries in Chennai

Last Updated: 7 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
5 years (4 salaries)	₹4.1 L/yr - ₹4.7 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
7 years (3 salaries)	₹2.5 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

View all

Similar Designation salaries in SMFG India Credit

Agency Manager Salary

(12 salaries)

₹3.25 L/yr - ₹6.15 L/yr

Branch Manager Salary

(5 salaries)

₹7 L/yr - ₹13.25 L/yr

Area Collection Manager Salary

(4 salaries)

₹5.65 L/yr - ₹11.05 L/yr

Collection Officer Salary

(4 salaries)

₹1.5 L/yr - ₹3.7 L/yr

Recovery Manager Salary

(3 salaries)

₹2.6 L/yr - ₹5 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

3.6

Rated by 4 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 manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SMFG India Credit Collections Manager Salary FAQs

What is the salary of Collections Manager at SMFG India Credit in Chennai?

The average salary of a Collections Manager at SMFG India Credit in Chennai typically ranges from ₹2.5 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Collections Manager in Chennai at SMFG India Credit earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.7 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 10 SMFG India Credit employees in India.

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

The estimated take-home salary of a Collections Manager at SMFG India Credit in Chennai typically ranges from ₹35,186 to ₹36,423 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.7 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 10 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 in Chennai?

To be a Collections Manager at SMFG India Credit in Chennai, 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?

Aditya Birla Finance	₹3.9 Lakhs to ₹8.5 Lakhs per year
L&T Finance	₹5.5 Lakhs to ₹8.6 Lakhs per year
IIFL Finance	₹5.0 Lakhs to ₹6.0 Lakhs per year
TVS Credit	₹4.1 Lakhs to ₹5.7 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 Chennai?

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

Shriram Finance	₹2.2 Lakhs to ₹6.0 Lakhs per year
Mahindra Rural Housing Finance	₹1.8 Lakhs to ₹3.6 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 Chennai?

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

Experience	Average Salary Range
4 years	₹3.9 Lakhs to ₹4.9 Lakhs per year
5 years	₹4.1 Lakhs to ₹4.7 Lakhs per year
6 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
7 years	₹2.5 Lakhs to ₹5.7 Lakhs per year

and so on.

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SMFG India Credit Collections Manager Salaries in Chennai

SMFG India Credit Collections Manager salary in Chennai ranges between ₹2.5 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 SMFG India Credit latest salaries received from various employees of SMFG India Credit.