SMFG India Credit Credit Manager Salaries by 300+ Employees (Updated 2025)

0 - 11 years exp.

₹2.4 Lakhs - ₹11.4 Lakhs

Salary of majority employees

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15% less than the average Credit Manager Salary in NBFC Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 0 - 11 years exp. (128 salaries)	Unlock ₹2.4 L/yr - ₹12.8 L/yr
Finance & Accounting Credit Manager Salary 0 - 11 years exp. (100 salaries)	Unlock ₹2.7 L/yr - ₹10.4 L/yr
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Risk Management & Compliance Credit Manager Salary 0 - 11 years exp. (47 salaries)	Unlock ₹3.2 L/yr - ₹9.4 L/yr

Last Updated: 27 Feb 2025

Companies similar to SMFG India Credit for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	Unlock ₹3.5 L/yr - ₹14.1 L/yr 29% more	5 job openings
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (385 salaries)	Unlock ₹2.5 L/yr - ₹8.5 L/yr 10% less
Login to view exact salary
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	Unlock ₹4 L/yr - ₹17.5 L/yr 52% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (818 salaries)	Unlock ₹3.5 L/yr - ₹14.8 L/yr 32% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	Unlock ₹3.7 L/yr - ₹14.5 L/yr 38% more
Yes Bank Credit Manager Salary 0 - 10 years exp. (442 salaries)	Unlock ₹4.2 L/yr - ₹14.6 L/yr 30% more	1 job opening
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (231 salaries)	Unlock ₹2.9 L/yr - ₹13 L/yr 18% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (676 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 19% more	1 job opening
Tata Capital Credit Manager Salary 0 - 11 years exp. (436 salaries)	Unlock ₹3.5 L/yr - ₹13 L/yr 19% more	6 job openings
Aditya Birla Finance Credit Manager Salary 1 - 9 years exp. (300 salaries)	Unlock ₹3.8 L/yr - ₹12.5 L/yr 10% more

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Credit Manager salary at SMFG India Credit ranges between ₹2.4 Lakhs to ₹11.4 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 345 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Credit Manager

1w ago

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4 years exp.

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2 years exp.

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2 years exp.

2w ago

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1 year exp.

2w ago

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8 years exp.

3w ago

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7 years exp.

3w ago

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2 years exp.

3w ago

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8 years exp.

1mo ago

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7 years exp.

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11 years exp.

Experience wise SMFG India Credit Credit Manager salaries

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	Unlock ₹5 L/yr - ₹9 L/yr
1 year (17 salaries)	Unlock ₹4.4 L/yr - ₹10.6 L/yr
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2 years (35 salaries)	Unlock ₹2.5 L/yr - ₹11 L/yr
3 years (41 salaries)	Unlock ₹2.4 L/yr - ₹10 L/yr
4 years (53 salaries)	Unlock ₹2.4 L/yr - ₹10.7 L/yr
5 years (40 salaries)	Unlock ₹3 L/yr - ₹11.4 L/yr
6 years (39 salaries)	Unlock ₹2.7 L/yr - ₹10.8 L/yr
7 years (31 salaries)	Unlock ₹2.9 L/yr - ₹10.5 L/yr
8 years (29 salaries)	Unlock ₹3.8 L/yr - ₹10.9 L/yr
9 years (24 salaries)	Unlock ₹3.4 L/yr - ₹10 L/yr
10 years (18 salaries)	Unlock ₹4.1 L/yr - ₹11.3 L/yr
11 years (10 salaries)	Unlock ₹4.3 L/yr - ₹12.9 L/yr

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From

Credit Manager

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0 - 11 years exp.

Cluster Credit Manager

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₹

Lakhs/yr

3 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SMFG India Credit

Credit Officer Salary

(99 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

Area Credit Manager Salary

(41 salaries)

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₹6 L/yr - ₹23.73 L/yr

Branch Manager Salary

(50 salaries)

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₹2.7 L/yr - ₹12.06 L/yr

Deputy Manager Salary

(6 salaries)

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₹3.85 L/yr - ₹7.43 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr

Credit Analyst Salary

(8 salaries)

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₹2.55 L/yr - ₹4 L/yr

Zonal Credit Manager Salary

(3 salaries)

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₹28.8 L/yr - ₹38.2 L/yr

Sales Manager Salary

(227 salaries)

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₹1.8 L/yr - ₹9.59 L/yr

Branch Credit Manager Salary

(241 salaries)

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₹2 L/yr - ₹9.25 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr

Top skills at SMFG India Credit for Credit Manager

Credit Underwriting Credit Management Lap housing loan Underwriting Mortgage Loans hl Business Loan Credit Credit Risk Analysis Credit Risk Home Loans Credit Policy Credit Appraisal Finance

Salary related reviews for SMFG India Credit

4.2

Rated by 137 employees for salary & benefits

Credit Manager in Wani

BFSI, Investments & Trading Department

5.0

• posted on 04 Apr 2021

5.0

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 - Excellent

+6 more

Dislikes

Because of my health I am not able to continue working on the field and from me company work not complete on time so I have leave from Fullerton

Credit Manager in Chandigarh

Finance & Accounting Department

1.0

• posted on 22 Dec 2018

4.0

for Salary and Benefits

Likes

Salary structure nothing else.

Salary - Good

Dislikes

Credit Team of PL dept in Fullerton Branch Chd is pathetic in terms of co - operation especially the teammates who are jealous to the new hired people and the supervisor is so pathetic who starts threatening to resign only after a weeks period.

Skill development - Poor

+5 more

Sales Manager in Kadapa

Full Time

Sales & Business Development Department

5.0

• posted on 22 Mar 2024

5.0

for Salary and Benefits

Likes

I'm happy to work with SMFG company this company is excellent for every employee good salary very good incentives and also good growth 📈 working here thanks to big opportunity for me SMFG india credit

Salary - Excellent

+6 more

Dislikes

Nothing dislike this company it's a very good company more than other NBFC companies

Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Mar 2023

5.0

for Salary and Benefits

Likes

I am very happy from this this company People Management, Working Pattern, Salary & Perks, Work Life Balance except other things like Learning & Development, Motivational Thoughts.

Salary - Excellent

+4 more

Dislikes

Learning & Development, Next Level (Promotion).

Skill development - Poor

+1 more

Sales Manager in Chhindwara

Full Time

Sales & Business Development Department

5.0

• posted on 04 Mar 2023

3.0

for Salary and Benefits

Likes

There are many products here from which we get a lot of knowledge

Skill development - Excellent

+5 more

Dislikes

The salary that should have been received according to the work was not known! When the full salary was not received even after completing the achievement goal.

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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SMFG India Credit Credit Manager Salary FAQs

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

Credit Manager salary at SMFG India Credit in India ranges between ₹2.4 Lakhs to ₹11.4 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 15% less than the average Credit Manager Salary in India. Salary estimates are based on 345 latest salaries received from various employees of SMFG India Credit India.

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

The average salary of a Credit Manager at SMFG India Credit is 15% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at SMFG India Credit?

Credit Underwriting, Credit Management, Lap, housing loan and Underwriting are some of the popular skills required to work as a Credit Manager at SMFG India Credit India.

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

ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.5 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.7 Lakhs to ₹14.5 Lakhs per year
Tata Motors Finance Credit Manager Salary - ₹7.1 Lakhs to ₹12.8 Lakhs per year
Axis Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.8 Lakhs per year
Yes Bank Credit Manager Salary - ₹4.2 Lakhs to ₹14.6 Lakhs per year

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

HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.1 Lakhs per year
L&T Finance Credit Manager Salary - ₹3.2 Lakhs to ₹13.1 Lakhs per year
Tata Capital Credit Manager Salary - ₹3.5 Lakhs to ₹13.0 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank Credit Manager Salary - ₹2.9 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at SMFG India Credit ranges between ₹50,294 per month to ₹51,481 per month in India. The take-home salary calculation is based on the average SMFG India Credit Credit Manager salary in India which ranges between ₹2.4 Lakhs to ₹11.4 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 72% of the SMFG India Credit Credit Managers reported a notice period of 3 Months, 15% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 486 responses on AmbitionBox in last 2 years.

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SMFG India Credit Credit Manager Salaries by Location

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SMFG India Credit Credit Manager Salaries

SMFG India Credit Credit Manager salary in India ranges between ₹2.4 Lakhs to ₹11.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 345 SMFG India Credit latest salaries received from various employees of SMFG India Credit.

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

Companies similar to SMFG India Credit for Credit Manager

Latest annual salaries shared by SMFG India Credit Credit Manager

Experience wise SMFG India Credit Credit Manager salaries

Similar Designation salaries in SMFG India Credit

Top skills at SMFG India Credit for Credit Manager

Salary related reviews for SMFG India Credit

Credit Manager in Wani

Credit Manager in Chandigarh

Sales Manager in Kadapa

Officer in Mumbai

Sales Manager in Chhindwara

SMFG India Credit Credit Manager Salary FAQs

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SMFG India Credit Credit Manager Salaries by Location