SMFG India Credit Indore Collections Manager Salaries by 7 Employees (Updated 2025)

4 - 10 years exp.

₹3.8 Lakhs - ₹5.3 Lakhs

Salary of majority employees

19% 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 6 - 10 years exp. (3 salaries)	₹3.8 L/yr - ₹5.2 L/yr
Finance & Accounting Collections Manager Salary 4 - 8 years exp. (3 salaries)	₹3.8 L/yr - ₹4.4 L/yr
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Customer Success, Service & Operations Collections Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.3 L/yr

Last Updated: 15 Jul 2024

Companies similar to SMFG India Credit for Collections Manager in Indore

SMFG India Credit Collections Manager Salary

4 - 10 years exp. (7 salaries)

₹3.8 L/yr - ₹5.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 0 - 18 years exp. (59 salaries)	₹2.5 L/yr - ₹9.1 L/yr 35% more	3 job openings
ICICI Bank Collections Manager Salary 3 - 9 years exp. (10 salaries)	₹4 L/yr - ₹8.7 L/yr 48% more
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Axis Bank Collections Manager Salary 4 - 13 years exp. (6 salaries)	₹3.1 L/yr - ₹8 L/yr 45% more
Kotak Mahindra Bank Collections Manager Salary 5 - 10 years exp. (5 salaries)	₹3.4 L/yr - ₹8.1 L/yr 28% more
IDFC FIRST Bank Collections Manager Salary 2 - 11 years exp. (27 salaries)	₹2.2 L/yr - ₹9 L/yr 23% more
IndusInd Bank Collections Manager Salary 3 - 13 years exp. (7 salaries)	₹4 L/yr - ₹8 L/yr 35% more
Tata Capital Collections Manager Salary 3 - 13 years exp. (14 salaries)	₹3.6 L/yr - ₹9 L/yr 28% more	12 job openings
Shriram Finance Collections Manager Salary 4 - 9 years exp. (8 salaries)	₹3 L/yr - ₹5.5 L/yr 17% less
Aditya Birla Finance Collections Manager Salary 4 - 8 years exp. (4 salaries)	₹4 L/yr - ₹7.5 L/yr 27% more
Mahindra Rural Housing Finance Collections Manager Salary 3 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹3.1 L/yr 45% less	1 job opening

Collections Manager salary at SMFG India Credit ranges between ₹3.8 Lakhs to ₹5.3 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Collections Manager salaries in Indore

Last Updated: 15 Jul 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹8.8 L/yr
9 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹9.2 L/yr

View all

Similar Designation salaries in SMFG India Credit

Relationship Manager Salary

(11 salaries)

₹3 L/yr - ₹6.54 L/yr

Agency Manager Salary

(10 salaries)

₹3.2 L/yr - ₹5.8 L/yr

Cluster Manager Salary

(5 salaries)

₹9 L/yr - ₹22.9 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

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 Indore?

Collections Manager salary at SMFG India Credit in Indore ranges between ₹3.8 Lakhs to ₹5.3 Lakhs for experience between 4 years to 10 years. According to our estimates it is 19% less than the average Collections Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SMFG India Credit Indore.

How does the salary of a Collections Manager at SMFG India Credit Indore compare with the average salary range for this job?

The average salary of a Collections Manager at SMFG India Credit is 19% less than the average salary of a Collections Manager in Indore. 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 Indore.

Which similar companies are paying more than SMFG India Credit to a Collections Manager in Indore?

ICICI Bank Collections Manager Salary - ₹4.0 Lakhs to ₹8.7 Lakhs per year
Axis Bank Collections Manager Salary - ₹3.1 Lakhs to ₹8.0 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.5 Lakhs to ₹9.1 Lakhs per year
IndusInd Bank Collections Manager Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindra Bank Collections Manager Salary - ₹3.4 Lakhs to ₹8.1 Lakhs per year

What is the salary of a Collections Manager in companies similar to SMFG India Credit in Indore?

Tata Capital Collections Manager Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Finance Collections Manager Salary - ₹4.0 Lakhs to ₹7.5 Lakhs per year
IDFC FIRST Bank Collections Manager Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year
Shriram Finance Collections Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
Mahindra Rural Housing Finance Collections Manager Salary - ₹1.8 Lakhs to ₹3.1 Lakhs per year

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

The estimated take-home salary of a Collections Manager at SMFG India Credit ranges between ₹36,050 per month to ₹37,274 per month in Indore. The take-home salary calculation is based on the average SMFG India Credit Collections Manager salary in India which ranges between ₹3.8 Lakhs to ₹5.3 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at SMFG India Credit in Indore?

According to AmbitionBox, 100% of the SMFG India Credit Collections Managers in Indore reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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SMFG India Credit Collections Manager Salaries in Indore

SMFG India Credit Collections Manager salary in Indore ranges between ₹3.8 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SMFG India Credit latest salaries received from various employees of SMFG India Credit.