SMFG India Credit Hyderabad / Secunderabad Credit Manager Salaries by 20+ Employees (Updated 2025)

0 - 10 years exp.

₹3.5 Lakhs - ₹9.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Credit Manager Salary in NBFC Companies for 0 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 10 years exp. (8 salaries)	₹4.8 L/yr - ₹9.3 L/yr
Risk Management & Compliance Credit Manager Salary 0 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹8.2 L/yr
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Finance & Accounting Credit Manager Salary 0 - 2 years exp. (4 salaries)	₹5.5 L/yr - ₹9.2 L/yr

Last Updated: 14 Mar 2025

Companies similar to SMFG India Credit for Credit Manager in Hyderabad / Secunderabad

SMFG India Credit Credit Manager Salary

0 - 10 years exp. (24 salaries)

₹3.5 L/yr - ₹9.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Credit Manager Salary 0 - 10 years exp. (33 salaries)	₹2.4 L/yr - ₹7.9 L/yr 28% less	1 job opening
Bajaj Finance Credit Manager Salary 1 - 8 years exp. (23 salaries)	₹2.4 L/yr - ₹7.7 L/yr 6% less	4 job openings
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Aditya Birla Finance Credit Manager Salary 0 - 10 years exp. (17 salaries)	₹5.6 L/yr - ₹9.7 L/yr 11% more
Shriram Finance Credit Manager Salary 0 - 10 years exp. (11 salaries)	₹3 L/yr - ₹9.5 L/yr 17% more	2 job openings
L&T Finance Credit Manager Salary 1 - 9 years exp. (8 salaries)	₹5.3 L/yr - ₹11.4 L/yr 24% more
IIFL Finance Credit Manager Salary 2 - 6 years exp. (6 salaries)	₹4.4 L/yr - ₹8.5 L/yr 6% less
Veritas Finance Credit Manager Salary 1 - 7 years exp. (6 salaries)	₹2.9 L/yr - ₹5.7 L/yr 34% less
TVS Credit Credit Manager Salary 4 - 8 years exp. (4 salaries)	₹6 L/yr - ₹6.7 L/yr 4% less
Muthoot Finance Credit Manager Salary 2 - 9 years exp. (3 salaries)	₹3.9 L/yr - ₹5.2 L/yr 26% less	1 job opening

Credit Manager salary at SMFG India Credit ranges between ₹3.5 Lakhs to ₹9.3 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 24 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Credit Manager in Hyderabad / Secunderabad

3w ago

₹8.2 Lakhs

8 years exp.

4w ago

₹3.5 Lakhs

3 years exp.

2mo ago

₹6.3 Lakhs

3 years exp.

3mo ago

₹7.6 Lakhs

2 years exp.

3mo ago

₹3.6 Lakhs

5 years exp.

3mo ago

4 years exp.

5mo ago

2 years exp.

9mo ago

1 year exp.

9mo ago

9 years exp.

9mo ago

4 years exp.

Experience wise SMFG India Credit Credit Manager salaries in Hyderabad / Secunderabad

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
1 year (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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2 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr
3 years (5 salaries)	₹3.5 L/yr - ₹6.3 L/yr
4 years (5 salaries)	₹3.6 L/yr - ₹8.2 L/yr
5 years (4 salaries)	₹3.6 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr

View all

From

Credit Manager

0 - 13 years exp.

Cluster Credit Manager

7 - 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

Branch Credit Manager Salary

(22 salaries)

₹3.17 L/yr - ₹8.5 L/yr

Area Credit Manager Salary

(7 salaries)

₹13.73 L/yr - ₹21.82 L/yr

Branch Manager Salary

(4 salaries)

₹6.3 L/yr - ₹10 L/yr

Credit Officer Salary

(3 salaries)

₹2.5 L/yr - ₹3.3 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

4.1

Rated by 5 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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SMFG India Credit Credit Manager Salary FAQs

What is the salary of Credit Manager at SMFG India Credit in Hyderabad / Secunderabad?

The average salary of a Credit Manager at SMFG India Credit in Hyderabad / Secunderabad typically ranges from ₹3.5 Lakhs to ₹9.3 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Credit Manager in Hyderabad / Secunderabad at SMFG India Credit earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹9.3 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 20+ SMFG India Credit employees in India.

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

The estimated take-home salary of a Credit Manager at SMFG India Credit in Hyderabad / Secunderabad typically ranges from ₹49,952 to ₹51,131 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹9.3 Lakhs per year for employees with experience ranging from Fresher to 10 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 20+ 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 Hyderabad / Secunderabad?

To be a Credit Manager at SMFG India Credit in Hyderabad / Secunderabad, 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?

L&T Finance	₹5.3 Lakhs to ₹11.4 Lakhs per year
Shriram Finance	₹3.0 Lakhs to ₹9.5 Lakhs per year
Aditya Birla Finance	₹5.6 Lakhs to ₹9.7 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 Hyderabad / Secunderabad?

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

TVS Credit	₹6.0 Lakhs to ₹6.7 Lakhs per year
IIFL Finance	₹4.4 Lakhs to ₹8.5 Lakhs per year
Bajaj Finance	₹2.4 Lakhs to ₹7.7 Lakhs per year
Muthoot Finance	₹3.9 Lakhs to ₹5.2 Lakhs per year
HDB Financial Services	₹2.4 Lakhs to ₹7.9 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 Hyderabad / Secunderabad?

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

Experience	Average Salary Range
Fresher	₹5.1 Lakhs to ₹6.5 Lakhs per year
1 year	₹5.2 Lakhs to ₹6.7 Lakhs per year
2 years	₹5.4 Lakhs to ₹6.8 Lakhs per year
3 years	₹3.5 Lakhs to ₹6.3 Lakhs per year

and so on.

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SMFG India Credit Credit Manager Salaries in Hyderabad / Secunderabad

SMFG India Credit Credit Manager salary in Hyderabad / Secunderabad ranges between ₹3.5 Lakhs to ₹9.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 SMFG India Credit latest salaries received from various employees of SMFG India Credit.

SMFG India Credit Credit Manager salaries in Hyderabad / Secunderabad (Updated 2025)

Companies similar to SMFG India Credit for Credit Manager in Hyderabad / Secunderabad

Latest annual salaries shared by SMFG India Credit Credit Manager in Hyderabad / Secunderabad

Experience wise SMFG India Credit Credit Manager salaries in Hyderabad / Secunderabad

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.