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

0 - 13 years exp.

₹2.4 Lakhs - ₹10.9 Lakhs

Salary of majority employees

15% less than the average Credit Manager Salary in NBFC Companies for 0 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 0 - 13 years exp. (126 salaries)	₹2.4 L/yr - ₹10.5 L/yr
Finance & Accounting Credit Manager Salary 0 - 11 years exp. (97 salaries)	₹2.7 L/yr - ₹10 L/yr
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Risk Management & Compliance Credit Manager Salary 0 - 12 years exp. (49 salaries)	₹3.2 L/yr - ₹11.1 L/yr

Last Updated: 20 Mar 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)	₹3.5 L/yr - ₹14.3 L/yr 29% more	6 job openings
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (386 salaries)	₹2.5 L/yr - ₹9 L/yr 10% less
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.2k salaries)	₹4.3 L/yr - ₹18 L/yr 51% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (822 salaries)	₹4 L/yr - ₹14.8 L/yr 32% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹3.8 L/yr - ₹15 L/yr 37% more
Yes Bank Credit Manager Salary 0 - 12 years exp. (416 salaries)	₹4.2 L/yr - ₹14.3 L/yr 34% more	1 job opening
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (233 salaries)	₹2.9 L/yr - ₹13 L/yr 16% more	1 job opening
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (822 salaries)	₹3 L/yr - ₹13.5 L/yr 17% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (448 salaries)	₹3.7 L/yr - ₹12.5 L/yr 21% more	6 job openings
Aditya Birla Finance Credit Manager Salary 0 - 10 years exp. (318 salaries)	₹4 L/yr - ₹11.3 L/yr 8% more

View all

Credit Manager salary at SMFG India Credit ranges between ₹2.4 Lakhs to ₹10.9 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 342 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Credit Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
Fresher (7 salaries)	₹3.5 L/yr - ₹8.2 L/yr
1 year (16 salaries)	₹4.4 L/yr - ₹9.6 L/yr
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2 years (35 salaries)	₹2.5 L/yr - ₹11 L/yr
3 years (41 salaries)	₹2.4 L/yr - ₹10 L/yr
4 years (51 salaries)	₹2.4 L/yr - ₹10 L/yr
5 years (39 salaries)	₹3 L/yr - ₹11.4 L/yr
6 years (37 salaries)	₹2.7 L/yr - ₹11.1 L/yr
7 years (30 salaries)	₹2.9 L/yr - ₹10.5 L/yr
8 years (29 salaries)	₹3.8 L/yr - ₹10.9 L/yr
9 years (24 salaries)	₹3.4 L/yr - ₹10 L/yr
10 years (17 salaries)	₹3.1 L/yr - ₹11.3 L/yr
11 years (11 salaries)	₹4.3 L/yr - ₹12.9 L/yr
12 years (4 salaries)	₹5.5 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.5 L/yr

View all

From

Credit Manager

0 - 13 years exp.

Cluster Credit Manager

7 - 13 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)

₹0.95 L/yr - ₹4.5 L/yr

Area Credit Manager Salary

(41 salaries)

₹6 L/yr - ₹23.73 L/yr

Branch Manager Salary

(175 salaries)

₹4 L/yr - ₹15 L/yr

Deputy Manager Salary

(6 salaries)

₹3.85 L/yr - ₹7.43 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Credit Analyst Salary

(8 salaries)

₹2.55 L/yr - ₹4 L/yr

Zonal Credit Manager Salary

(3 salaries)

₹28.8 L/yr - ₹38.2 L/yr

Sales Manager Salary

(222 salaries)

₹1.8 L/yr - ₹10 L/yr

Branch Credit Manager Salary

(147 salaries)

₹1.85 L/yr - ₹9.25 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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SMFG India Credit Credit Manager Salary FAQs

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

The average salary of a Credit Manager at SMFG India Credit in India typically ranges from ₹2.4 Lakhs to ₹10.9 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Credit Manager at SMFG India Credit earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹12.4 Lakhs per year. Credit 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 300+ SMFG India Credit employees in India.

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 in India typically ranges from ₹50,691 to ₹51,887 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹10.9 Lakhs per year for employees with experience ranging from Fresher to 13 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 300+ 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 Credit Manager at SMFG India Credit ?

To be a Credit Manager at SMFG India Credit in india, the key skills required include:

- Credit Underwriting
- Credit Management
- Lap
- housing loan
- Underwriting

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 Credit Manager in India?

ICICI Bank	₹4.3 Lakhs to ₹18.0 Lakhs per year
Kotak Mahindra Bank	₹3.8 Lakhs to ₹15.0 Lakhs per year
Yes Bank	₹4.2 Lakhs to ₹14.3 Lakhs per year
Tata Motors Finance	₹7.1 Lakhs to ₹12.8 Lakhs per year
Axis Bank	₹4.0 Lakhs to ₹14.8 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 Manager in companies similar to SMFG India Credit in India?

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

HDFC Bank	₹3.5 Lakhs to ₹14.3 Lakhs per year
L&T Finance	₹3.6 Lakhs to ₹14.0 Lakhs per year
Tata Capital	₹3.7 Lakhs to ₹12.5 Lakhs per year
IDFC FIRST Bank	₹3.0 Lakhs to ₹13.5 Lakhs per year
IndusInd Bank	₹2.9 Lakhs to ₹13.0 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 Manager at SMFG India Credit in India?

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

Experience	Average Salary Range
Fresher	₹3.5 Lakhs to ₹8.2 Lakhs per year
1 year	₹4.4 Lakhs to ₹9.6 Lakhs per year
2 years	₹2.5 Lakhs to ₹11.0 Lakhs per year
3 years	₹2.4 Lakhs to ₹10.0 Lakhs per year

and so on.

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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 ₹10.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 342 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

Tell us how to improve this page.

SMFG India Credit Credit Manager Salaries by Location