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SMFG India Credit Loan Officer salaries in India

Annual salary range
1 - 3 years exp.
₹1.8 Lakh - ₹2.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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20% less than the average Loan Officer Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

Sales & Business Development
Loan Officer Salary
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.5 L/yr

BFSI, Investments & Trading
Loan Officer Salary
2 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.3 L/yr

Customer Success, Service & Operations
Loan Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.7 L/yr

Production, Manufacturing & Engineering
Loan Officer Salary
2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.4 L/yr

Last Updated: 24 Sep 2024

Companies similar to SMFG India Credit for Loan Officer

Company name Avg Annual Salary Open Jobs
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Bharat Financial Inclusion Loan Officer Salary

0 - 4 years exp. (202 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 15% more
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Aye Finance Loan Officer Salary

1 - 6 years exp. (62 salaries)

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₹2 L/yr - ₹3.6 L/yr

arrow icon 19% more
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HDB Financial Services Loan Officer Salary

0 - 4 years exp. (49 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 4% more
3 job openings
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₹1.4 L/yr - ₹5 L/yr

arrow icon 28% more
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L&T Finance Loan Officer Salary

0 - 4 years exp. (25 salaries)

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₹1.5 L/yr - ₹2.8 L/yr

arrow icon 3% more
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Muthoot Fincorp Loan Officer Salary

0 - 4 years exp. (19 salaries)

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₹1.5 L/yr - ₹2.7 L/yr

arrow icon 8% less
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Bajaj Finance Loan Officer Salary

0 - 6 years exp. (14 salaries)

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₹1.3 L/yr - ₹3 L/yr

arrow icon 16% more
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IIFL Finance Loan Officer Salary

1 - 6 years exp. (13 salaries)

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₹1.8 L/yr - ₹3.7 L/yr

arrow icon 40% more
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Svatantra Microfin Loan Officer Salary

2 - 5 years exp. (9 salaries)

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₹1.8 L/yr - ₹3.3 L/yr

arrow icon 20% more
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₹1.8 L/yr - ₹3.4 L/yr

arrow icon 25% more
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Home Credit Finance Loan Officer Salary

1 - 5 years exp. (6 salaries)

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₹1.3 L/yr - ₹3 L/yr

arrow icon 10% less
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IIFL SAMASTA Loan Officer Salary

0 - 3 years exp. (5 salaries)

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₹1.4 L/yr - ₹2.8 L/yr

arrow icon 7% less
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Shriram Finance Loan Officer Salary

1 - 6 years exp. (5 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 30% more
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Aditya Birla Finance Loan Officer Salary

1 - 10 years exp. (4 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 73% more
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Satin Creditcare Network Loan Officer Salary

0 - 4 years exp. (4 salaries)

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₹1.9 L/yr - ₹2.2 L/yr

arrow icon 9% less
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Manappuram Finance Loan Officer Salary

0 - 6 years exp. (4 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 2% less
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SK Finance Limited Loan Officer Salary

0 - 2 years exp. (4 salaries)

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₹1.5 L/yr - ₹2.4 L/yr

arrow icon 8% less
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Annapurna Finance Loan Officer Salary

1 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹2.5 L/yr

arrow icon 3% less
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Asirvad Microfinance Loan Officer Salary

1 - 5 years exp. (3 salaries)

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₹1.4 L/yr - ₹3.9 L/yr

arrow icon 22% more
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Muthoot Microfin Loan Officer Salary

0 - 6 years exp. (3 salaries)

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₹1.2 L/yr - ₹5.3 L/yr

arrow icon 28% more
View all
Loan Officer salary at SMFG India Credit ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 7 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Loan Officer

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3 years exp.

Experience wise SMFG India Credit Loan Officer salaries

Last Updated: 24 Sep 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹1.8 L/yr - ₹2.5 L/yr
2 years  (3 salaries)

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₹2.1 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in SMFG India Credit

Sales Officer Salary
(79 salaries)
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₹1.2 L/yr - ₹4.5 L/yr
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₹0.95 L/yr - ₹6.16 L/yr
Branch Manager Salary
(177 salaries)
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₹4 L/yr - ₹15 L/yr
Team Lead Salary
(40 salaries)
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₹2.3 L/yr - ₹6.2 L/yr
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₹1.1 L/yr - ₹4.67 L/yr
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₹2 L/yr - ₹4.3 L/yr
Sales Manager Salary
(222 salaries)
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₹1.8 L/yr - ₹9.44 L/yr
Analyst Salary
(6 salaries)
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₹6.5 L/yr - ₹15 L/yr
Deputy Manager Salary
(6 salaries)
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₹3.85 L/yr - ₹7.43 L/yr
Accountant Salary
(4 salaries)
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₹1 L/yr - ₹2.6 L/yr

Salary related reviews for SMFG India Credit

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 29 Sep 2023

5.0
 for  Salary and Benefits

Likes

I am happy with working pattern like a home, salary,perks is heigher from a standards MNC . I had given 💯 percentage from our end.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Some time learning and promotion things not meet accordance to me. Overall some time happy rather not satisfied.

  • Promotions - Poor

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

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 31 May 2022

5.0
 for  Salary and Benefits

Likes

...'s worst to selling product due to high interest rate and poor customer service. Other hand, Employees are getting good salary and other benefits.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Poor customer service &high interest rate

Full Time

 · 

Collection department Department

4.0
  •  posted on 15 Nov 2022

5.0
 for  Salary and Benefits

Likes

...rs are very selfish and cannot think about team members life. So I disappointed. But company salary and incentives are very attractive.

read more
  • Salary - Excellent
  • +2 more

Dislikes

Team members have lot of problems due to partiality and politics

  • Job security - Poor
see more salary related reviews

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SMFG India Credit Loan Officer Salary FAQs

What is the salary of Loan Officer at SMFG India Credit ?
The average salary of a Loan Officer at SMFG India Credit in India typically ranges from ₹1.8 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Loan Officer at SMFG India Credit earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Loan Officer 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 7 SMFG India Credit employees in India.
What is the estimated take home salary of a Loan Officer at SMFG India Credit in India?
The estimated take-home salary of a Loan Officer at SMFG India Credit in India typically ranges from ₹15,258 to ₹16,848 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 1 year to 3 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 7 salaries received from various employees of SMFG India Credit. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SMFG India Credit for Loan Officer in India?
Aditya Birla Finance ₹3.0 Lakhs to ₹4.5 Lakhs per year
IIFL Finance ₹1.8 Lakhs to ₹3.7 Lakhs per year
Shriram Finance ₹2.5 Lakhs to ₹4.0 Lakhs per year
Muthoot Microfin ₹1.2 Lakhs to ₹5.3 Lakhs per year
Spandana Sphoorty Financial ₹1.4 Lakhs to ₹5.0 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 Loan Officer in companies similar to SMFG India Credit in India?
The salary of a Loan Officer at companies similar to SMFG India Credit in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Arohan Financial Services ₹1.8 Lakhs to ₹3.4 Lakhs per year
Asirvad Microfinance ₹1.4 Lakhs to ₹3.9 Lakhs per year
Svatantra Microfin ₹1.8 Lakhs to ₹3.3 Lakhs per year
Aye Finance ₹2.0 Lakhs to ₹3.6 Lakhs per year
TVS Credit ₹2.2 Lakhs to ₹3.5 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 Loan Officer at SMFG India Credit in India?
The salary growth for a Loan Officer at SMFG India Credit depends on factors such as experience, performance, and promotions. On average, a Loan Officer can expect the following growth trajectory at SMFG India Credit:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹2.5 Lakhs per year
2 years ₹2.1 Lakhs to ₹2.4 Lakhs per year
3 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
and so on.

Tell us how to improve this page.

SMFG India Credit Loan Officer salary in India ranges between ₹1.8 Lakh to ₹2.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 SMFG India Credit latest salaries received from various employees of SMFG India Credit.