SMFG India Credit Credit Associate Salaries by 5 Employees

2 - 4 years exp.

₹2.2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Credit Associate Salary in NBFC Companies for 2 - 4 years of experience

Interested in this particular role?

Last Updated: 19 Jul 2024

Companies similar to SMFG India Credit for Credit Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Associate Salary 3 - 8 years exp. (4 salaries)	₹1.2 L/yr - ₹5 L/yr 15% less
ICICI Bank Credit Associate Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹2.5 L/yr 10% less
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Tata Capital Credit Associate Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 17% less
Aditya Birla Capital Credit Associate Salary 0 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 1% less
Mahindra Finance Credit Associate Salary 2 - 4 years exp. (4 salaries)	₹1.1 L/yr - ₹1.9 L/yr 38% less
Mahindra Rural Housing Finance Credit Associate Salary 0 - 5 years exp. (75 salaries)	₹1.3 L/yr - ₹2.4 L/yr 33% less
HDB Financial Services Credit Associate Salary 0 - 4 years exp. (6 salaries)	₹1.9 L/yr - ₹2.5 L/yr 24% less
IIFL Finance Credit Associate Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 8% less
Muthoot Finance Credit Associate Salary 3 - 5 years exp. (5 salaries)	₹2.9 L/yr - ₹3.1 L/yr 10% more
Aditya Birla Finance Credit Associate Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 22% more

Credit Associate salary at SMFG India Credit ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Credit Associate salaries

Last Updated: 19 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.2 L/yr
3 years (3 salaries)	₹2.2 L/yr - ₹3.1 L/yr
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4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr

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Salary related reviews for SMFG India Credit

5.0

Rated by 1 employees for salary & benefits

Relationship Manager in South Karnataka

Customer Success, Service & Operations Department

4.0

• posted on 23 Jul 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

...ot okThere is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Tele Calling Officer in Rajahmundry

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 15 Dec 2024

4.0

for Salary and Benefits

Likes

I worked as a tele calling officer. I like the salary and benefits. But I didn't receive them because of I'm a tele calling officer l.

Salary - Good

Dislikes

Internal politics. Senior officers are very rude to freshers. Very less opportunities to promotions. Unsecured for women.

Promotions - Poor

+2 more

Transaction Officer in Lucknow

Full Time

Risk Management & Compliance Department

2.0

• posted on 28 Oct 2024

3.0

for Salary and Benefits

Likes

One thing is better that salary will credit on last day of month and everythings are bad for every staff. Work load is too high that a person can suiside.

Dislikes

Overall score not good. Company culture इस very bad. 16hrs work in everyday since morning late night 11:30 PM. No leave and no bonus. Work load is too high that a person can suside by stress/pressure. All day working

Skill development - Bad

+3 more

Customer Relationship Officer in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Salary on time no dedication any amt Company policy or company management or to good

Dislikes

Manager behavior not good with employees Timing issues for logg out No holiday for any festivals No benefit for extra hours seating showing Parcaility with hindu vs muslim

Skill development - Bad

+5 more

Senior Officer Operations in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jul 2024

2.0

for Salary and Benefits

Likes

Nothing to like at Fullerton

Dislikes

Giving confirmation to pay for additional extra hours OT work but not given such a politics company Almost 50k is pending from my end Total team payment is govindha govindha govindha

Salary - Poor

+3 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SMFG India Credit Credit Associate Salary FAQs

What is the salary of Credit Associate at SMFG India Credit ?

The average salary of a Credit Associate at SMFG India Credit in India typically ranges from ₹2.2 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Credit Associate at SMFG India Credit earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Credit Associate 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 5 SMFG India Credit employees in India.

What is the estimated take home salary of a Credit Associate at SMFG India Credit in India?

The estimated take-home salary of a Credit Associate at SMFG India Credit in India typically ranges from ₹19,343 to ₹21,016 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 5 salaries received from various employees of SMFG India Credit. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SMFG India Credit for Credit Associate in India?

Aditya Birla Finance	₹3.0 Lakhs to ₹3.5 Lakhs per year
Muthoot Finance	₹2.9 Lakhs to ₹3.1 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 Credit Associate in companies similar to SMFG India Credit in India?

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

Aditya Birla Capital	₹2.2 Lakhs to ₹3.0 Lakhs per year
IIFL Finance	₹2.0 Lakhs to ₹3.0 Lakhs per year
ICICI Bank	₹2.0 Lakhs to ₹2.5 Lakhs per year
HDFC Bank	₹1.2 Lakhs to ₹5.0 Lakhs per year
Tata Capital	₹2.0 Lakhs to ₹2.5 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 Credit Associate at SMFG India Credit in India?

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

Experience	Average Salary Range
2 years	₹2.2 Lakhs to ₹2.2 Lakhs per year
3 years	₹2.2 Lakhs to ₹3.1 Lakhs per year
4 years	₹1.4 Lakhs to ₹4.0 Lakhs per year

and so on.

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SMFG India Credit Credit Associate Salaries

SMFG India Credit Credit Associate salary in India ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SMFG India Credit latest salaries received from various employees of SMFG India Credit.