SMFG India Credit Kolkata Credit Manager Salaries by 30+ Employees (Updated 2025)

0 - 12 years exp.

₹3.2 Lakhs - ₹10.8 Lakhs

Salary of majority employees

24% less than the average Credit Manager Salary in NBFC Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 0 - 9 years exp. (18 salaries)	₹3.4 L/yr - ₹10 L/yr
Finance & Accounting Credit Manager Salary 4 - 11 years exp. (8 salaries)	₹4 L/yr - ₹10.8 L/yr
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Risk Management & Compliance Credit Manager Salary 2 - 12 years exp. (3 salaries)	₹3.2 L/yr - ₹9.2 L/yr

Last Updated: 20 Mar 2025

Companies similar to SMFG India Credit for Credit Manager in Kolkata

SMFG India Credit Credit Manager Salary

0 - 12 years exp. (33 salaries)

₹3.2 L/yr - ₹10.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Credit Manager Salary 0 - 11 years exp. (39 salaries)	₹2.4 L/yr - ₹7.5 L/yr 28% less	1 job opening
Aditya Birla Finance Credit Manager Salary 2 - 10 years exp. (13 salaries)	₹7 L/yr - ₹10.4 L/yr 29% more
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Veritas Finance Credit Manager Salary 1 - 9 years exp. (7 salaries)	₹3.4 L/yr - ₹5.6 L/yr 32% less
IIFL Finance Credit Manager Salary 0 - 9 years exp. (6 salaries)	₹3.3 L/yr - ₹9.7 L/yr 9% less
Muthoot Finance Credit Manager Salary 3 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹5.3 L/yr 21% less
Manappuram Finance Credit Manager Salary 6 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹5.3 L/yr 37% less
Arohan Financial Services Credit Manager Salary 2 - 6 years exp. (3 salaries)	₹5.9 L/yr - ₹10.5 L/yr 25% more
Mahindra Finance Credit Manager Salary 9 - 11 years exp. (3 salaries)	₹8.2 L/yr - ₹12.5 L/yr 39% more
Tata Motors Finance Credit Manager Salary 3 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹9 L/yr 36% more

Credit Manager salary at SMFG India Credit ranges between ₹3.2 Lakhs to ₹10.8 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 33 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Credit Manager salaries in Kolkata

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
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2 years (4 salaries)	₹3.2 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.7 L/yr
4 years (4 salaries)	₹4 L/yr - ₹10 L/yr
5 years (4 salaries)	₹4 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.5 L/yr
7 years (5 salaries)	₹3.9 L/yr - ₹6.7 L/yr
8 years (5 salaries)	₹3.8 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹12.2 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹10.8 L/yr
11 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹9.2 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

Branch Credit Manager Salary

(17 salaries)

₹3.55 L/yr - ₹7.8 L/yr

Area Credit Manager Salary

(5 salaries)

₹6 L/yr - ₹16.5 L/yr

Credit Officer Salary

(3 salaries)

₹2.15 L/yr - ₹3 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

4.9

Rated by 2 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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Top trending discussions

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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 Credit Manager Salary FAQs

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

The average salary of a Credit Manager at SMFG India Credit in Kolkata typically ranges from ₹3.2 Lakhs to ₹10.8 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Credit Manager in Kolkata at SMFG India Credit earn more than ₹9.4 Lakhs per year, and the top 1% earn over ₹10.8 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 30+ SMFG India Credit employees in India.

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

The estimated take-home salary of a Credit Manager at SMFG India Credit in Kolkata typically ranges from ₹49,102 to ₹50,262 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from Fresher to 12 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 30+ 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 in Kolkata?

To be a Credit Manager at SMFG India Credit in Kolkata, 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?

Mahindra Finance	₹8.2 Lakhs to ₹12.5 Lakhs per year
Tata Motors Finance	₹7.5 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Finance	₹7.0 Lakhs to ₹10.4 Lakhs per year
Arohan Financial Services	₹5.9 Lakhs to ₹10.5 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 Kolkata?

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

IIFL Finance	₹3.3 Lakhs to ₹9.7 Lakhs per year
Muthoot Finance	₹4.5 Lakhs to ₹5.3 Lakhs per year
HDB Financial Services	₹2.4 Lakhs to ₹7.5 Lakhs per year
Veritas Finance	₹3.4 Lakhs to ₹5.6 Lakhs per year
Manappuram Finance	₹3.6 Lakhs to ₹5.3 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 Kolkata?

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

Experience	Average Salary Range
Fresher	₹2.2 Lakhs to ₹6.0 Lakhs per year
1 year	₹2.2 Lakhs to ₹6.0 Lakhs per year
2 years	₹3.2 Lakhs to ₹8.0 Lakhs per year
3 years	₹4.8 Lakhs to ₹10.7 Lakhs per year

and so on.

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SMFG India Credit Credit Manager Salaries in Kolkata

SMFG India Credit Credit Manager salary in Kolkata ranges between ₹3.2 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 33 SMFG India Credit latest salaries received from various employees of SMFG India Credit.