SMFG India Credit Credit Risk Manager Salaries by 7 Employees (Updated 2025)

1 - 9 years exp.

₹6.5 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Credit Risk Manager Salary in NBFC Companies for 1 - 9 years of experience

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Salaries in different departments

Finance & Accounting Credit Risk Manager Salary 1 - 7 years exp. (5 salaries)	₹6.5 L/yr - ₹9.5 L/yr
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BFSI, Investments & Trading Credit Risk Manager Salary 9 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹9 L/yr

Last Updated: 26 Dec 2024

Companies similar to SMFG India Credit for Credit Risk Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Risk Manager Salary 3 - 6 years exp. (4 salaries)	₹6.6 L/yr - ₹18 L/yr 27% more
HDFC Bank Credit Risk Manager Salary 1 - 8 years exp. (90 salaries)	₹5 L/yr - ₹21.5 L/yr 65% more
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ICICI Bank Credit Risk Manager Salary 0 - 5 years exp. (81 salaries)	₹7.5 L/yr - ₹24.9 L/yr 104% more
Tata Capital Credit Risk Manager Salary 2 - 6 years exp. (5 salaries)	₹10 L/yr - ₹15 L/yr 73% more
Aditya Birla Capital Credit Risk Manager Salary 2 - 6 years exp. (5 salaries)	₹6.4 L/yr - ₹8 L/yr 11% less
L&T Finance Credit Risk Manager Salary 1 - 7 years exp. (12 salaries)	₹6.3 L/yr - ₹12.3 L/yr 13% more
Edelweiss Credit Risk Manager Salary 1 - 4 years exp. (4 salaries)	₹6 L/yr - ₹8.5 L/yr 6% less
Aditya Birla Finance Credit Risk Manager Salary 3 - 11 years exp. (6 salaries)	₹8 L/yr - ₹18 L/yr 53% more
HDB Financial Services Credit Risk Manager Salary 3 - 4 years exp. (6 salaries)	₹3 L/yr - ₹3.6 L/yr 59% less
Home Credit Finance Credit Risk Manager Salary 3 - 11 years exp. (4 salaries)	₹10.7 L/yr - ₹18.2 L/yr 87% more
Muthoot Microfin Credit Risk Manager Salary 0 - 5 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 47% less
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Credit Risk Manager salary at SMFG India Credit ranges between ₹6.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 7 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Credit Risk Manager salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.5 L/yr
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3 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹15.1 L/yr
8 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.4 L/yr

View all

Similar Designation salaries in SMFG India Credit

Credit Manager Salary

(337 salaries)

₹2.35 L/yr - ₹10.91 L/yr

Credit Relationship Manager Salary

(3 salaries)

₹3.9 L/yr - ₹4.8 L/yr

Area Credit Manager Salary

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₹6 L/yr - ₹23.73 L/yr

Deputy Manager Salary

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₹3.85 L/yr - ₹7.43 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

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Credit Underwriter Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Relationship Manager Salary

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Credit Analyst Salary

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₹2.55 L/yr - ₹4 L/yr

Salary related reviews for SMFG India Credit

4.5

Rated by 5 employees for salary & benefits

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

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

Relationship Manager in South Karnataka

Customer Success, Service & Operations Department

4.0

• posted on 23 Jul 2021

4.0

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 - Good

+6 more

Dislikes

...ot okThere is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Officer in Pune

BFSI, Investments & Trading Department

5.0

• posted on 31 Jul 2021

5.0

for Salary and Benefits

Likes

If you work hard then You can get anything in this org. like growth, opportunity, salary. & today i happy to share because i have worked here & it's very useful for my growth.

Salary - Excellent

+6 more

Dislikes

But here no timing limit for work.......

Credit Executive in Hyderabad / Secunderabad

Finance & Accounting Department

5.0

• posted on 11 Jan 2021

5.0

for Salary and Benefits

Likes

My work places and my mangers and company it's to good covid lockdown Schiwation also is provided salary am very provided in company employment thank you Fullerton India company ltd

Salary - Excellent

+5 more

Dislikes

Work places not good it's not adjusted setting thear..

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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 my previous org.

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SMFG India Credit Credit Risk Manager Salary FAQs

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

Credit Risk Manager salary at SMFG India Credit in India ranges between ₹6.5 Lakhs to ₹9.5 Lakhs for experience between 1 years to 9 years. According to our estimates it is 42% less than the average Credit Risk Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SMFG India Credit India.

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

The average salary of a Credit Risk Manager at SMFG India Credit is 42% less than the average salary of a Credit Risk Manager in India. To know exact salary insights, login to view.

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

ICICI Bank Credit Risk Manager Salary - ₹7.5 Lakhs to ₹24.9 Lakhs per year
Home Credit Finance Credit Risk Manager Salary - ₹10.7 Lakhs to ₹18.2 Lakhs per year
Tata Capital Credit Risk Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Credit Risk Manager Salary - ₹5.0 Lakhs to ₹21.5 Lakhs per year
Aditya Birla Finance Credit Risk Manager Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year

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

Bajaj Finance Credit Risk Manager Salary - ₹6.6 Lakhs to ₹18.0 Lakhs per year
L&T Finance Credit Risk Manager Salary - ₹6.3 Lakhs to ₹12.3 Lakhs per year
Edelweiss Credit Risk Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
Aditya Birla Capital Credit Risk Manager Salary - ₹6.4 Lakhs to ₹8.0 Lakhs per year
Muthoot Microfin Credit Risk Manager Salary - ₹3.6 Lakhs to ₹4.6 Lakhs per year

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

The estimated take-home salary of a Credit Risk Manager at SMFG India Credit ranges between ₹56,332 per month to ₹57,745 per month in India. The take-home salary calculation is based on the average SMFG India Credit Credit Risk Manager salary in India which ranges between ₹6.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SMFG India Credit Credit Risk Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SMFG India Credit Credit Risk Manager Salaries

SMFG India Credit Credit Risk Manager salary in India ranges between ₹6.5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SMFG India Credit latest salaries received from various employees of SMFG India Credit.