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SMFG India Credit Credit Manager salaries in Chennai

Annual salary range
2 - 11 years exp.
₹3.2 Lakhs - ₹10.5 Lakhs
Salary of majority employees
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20% less than the average Credit Manager Salary in NBFC Companies for 2 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
7 - 11 years exp. (5 salaries)
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₹5 L/yr - ₹10.5 L/yr

Finance & Accounting
Credit Manager Salary
3 - 11 years exp. (5 salaries)
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₹4.5 L/yr - ₹7 L/yr

Risk Management & Compliance
Credit Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹6.8 L/yr

Last Updated: 25 Dec 2024

Companies similar to SMFG India Credit for Credit Manager in Chennai

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SMFG India Credit Credit Manager Salary

2 - 11 years exp. (16 salaries)

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₹3.2 L/yr - ₹10.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDB Financial Services Credit Manager Salary

0 - 11 years exp. (67 salaries)

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₹2.5 L/yr - ₹9 L/yr

arrow icon 28% less
2 job openings
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Aditya Birla Finance Credit Manager Salary

2 - 10 years exp. (45 salaries)

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₹4 L/yr - ₹8.7 L/yr

arrow icon 8% more
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Shriram Finance Credit Manager Salary

1 - 10 years exp. (11 salaries)

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₹2.2 L/yr - ₹8.2 L/yr

arrow icon 34% less
2 job openings
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Bajaj Finance Credit Manager Salary

3 - 8 years exp. (11 salaries)

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₹4 L/yr - ₹6.6 L/yr

arrow icon 10% less
4 job openings
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TVS Credit Credit Manager Salary

4 - 8 years exp. (6 salaries)

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₹3.9 L/yr - ₹8.5 L/yr

arrow icon 13% less
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Muthoot Fincorp Credit Manager Salary

2 - 12 years exp. (5 salaries)

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₹3.6 L/yr - ₹6 L/yr

arrow icon 26% less
1 job opening
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Annapurna Finance Credit Manager Salary

3 - 10 years exp. (5 salaries)

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₹3.4 L/yr - ₹5.1 L/yr

arrow icon 27% less
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Mahindra Finance Credit Manager Salary

5 - 13 years exp. (4 salaries)

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₹5.4 L/yr - ₹12 L/yr

arrow icon 28% more
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L&T Finance Credit Manager Salary

2 - 10 years exp. (4 salaries)

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₹4.8 L/yr - ₹9.8 L/yr

arrow icon 24% more
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Muthoot Finance Credit Manager Salary

2 - 6 years exp. (4 salaries)

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₹3.5 L/yr - ₹5.2 L/yr

arrow icon 30% less
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IIFL SAMASTA Credit Manager Salary

2 - 9 years exp. (3 salaries)

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₹1.9 L/yr - ₹5 L/yr

arrow icon 36% less
Credit Manager salary at SMFG India Credit ranges between ₹3.2 Lakhs to ₹10.5 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 16 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Credit Manager in Chennai

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10 years exp.
7mo ago
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10 years exp.
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2 years exp.
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11mo ago
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7 years exp.
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5 years exp.

Experience wise SMFG India Credit Credit Manager salaries in Chennai

Last Updated: 25 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
3 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr
4 years  (3 salaries)

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₹3.2 L/yr - ₹11.5 L/yr
5 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.6 L/yr
View all
SMFG India Credit Credit Manager Salary and Career Growth

From

To

Credit Manager

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0 - 13 years exp.

Cluster Credit Manager

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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

Agency Manager Salary
(13 salaries)
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₹3.25 L/yr - ₹6.3 L/yr
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₹2.8 L/yr - ₹7.7 L/yr
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₹2.5 L/yr - ₹5.65 L/yr
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₹1.5 L/yr - ₹2.81 L/yr
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₹7.5 L/yr - ₹17.4 L/yr
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₹1.5 L/yr - ₹3.7 L/yr
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₹2.45 L/yr - ₹3.5 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

4.1

Rated by 7 employees for salary & benefits

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.

read more
  • 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

read more

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.

read more
  • Skill development - Poor
  • +5 more

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

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Learning & Development, Next Level (Promotion).

  • Skill development - Poor
  • +1 more

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.

read more
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SMFG India Credit Credit Manager Salary FAQs

What is the salary of Credit Manager at SMFG India Credit in Chennai?
The average salary of a Credit Manager at SMFG India Credit in Chennai typically ranges from ₹3.2 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Credit Manager in Chennai at SMFG India Credit earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹10.5 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 10+ SMFG India Credit employees in India.
What is the estimated take home salary of a Credit Manager at SMFG India Credit in Chennai?
The estimated take-home salary of a Credit Manager at SMFG India Credit in Chennai typically ranges from ₹50,318 to ₹51,506 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 2 years to 11 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 10+ 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 Chennai?
To be a Credit Manager at SMFG India Credit in Chennai, 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 ₹5.4 Lakhs to ₹12.0 Lakhs per year
L&T Finance ₹4.8 Lakhs to ₹9.8 Lakhs per year
Aditya Birla Finance ₹4.0 Lakhs to ₹8.7 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 Chennai?
The salary of a Credit Manager at companies similar to SMFG India Credit in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance ₹4.0 Lakhs to ₹6.6 Lakhs per year
TVS Credit ₹3.9 Lakhs to ₹8.5 Lakhs per year
Muthoot Fincorp ₹3.6 Lakhs to ₹6.0 Lakhs per year
Annapurna Finance ₹3.4 Lakhs to ₹5.1 Lakhs per year
HDB Financial Services ₹2.5 Lakhs to ₹9.0 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 Chennai?
The salary growth for a Credit Manager at SMFG India Credit in Chennai depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Chennai can expect the following growth trajectory at SMFG India Credit:

Experience Average Salary Range
2 years ₹5.6 Lakhs to ₹7.1 Lakhs per year
3 years ₹5.7 Lakhs to ₹7.2 Lakhs per year
4 years ₹3.2 Lakhs to ₹11.5 Lakhs per year
5 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
and so on.

Tell us how to improve this page.

SMFG India Credit Credit Manager salary in Chennai ranges between ₹3.2 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 SMFG India Credit latest salaries received from various employees of SMFG India Credit.