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SMFG India Credit Manager M1 salaries in India

Annual salary range
2 - 16 years exp.
₹6.5 Lakhs - ₹15 Lakhs
Salary of majority employees
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8% less than the average Manager M1 Salary in NBFC Companies for 2 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager M1 Salary
2 - 16 years exp. (10 salaries)
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₹6.9 L/yr - ₹13.5 L/yr

Customer Success, Service & Operations
Manager M1 Salary
8 - 12 years exp. (5 salaries)
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₹8.5 L/yr - ₹10.3 L/yr

Risk Management & Compliance
Manager M1 Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹9.7 L/yr

Sales & Business Development
Manager M1 Salary
5 years exp. (AmbitionBox Estimate)
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₹11.4 L/yr - ₹15 L/yr

Last Updated: 9 Feb 2025

Companies similar to SMFG India Credit for Manager M1

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Manager M1 Salary

1 - 6 years exp. (4 salaries)

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₹4 L/yr - ₹5.6 L/yr

arrow icon 62% less
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HDFC Bank Manager M1 Salary

4 - 14 years exp. (173 salaries)

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₹5 L/yr - ₹13.3 L/yr

arrow icon 21% less
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ICICI Bank Manager M1 Salary

1 - 17 years exp. (1.9k salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 4% less
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Tata Capital Manager M1 Salary

2 - 5 years exp. (4 salaries)

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₹4.6 L/yr - ₹6 L/yr

arrow icon 50% less
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Mahindra Finance Manager M1 Salary

13 - 17 years exp. (4 salaries)

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₹10 L/yr - ₹14.8 L/yr

arrow icon 23% more
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Muthoot Finance Manager M1 Salary

6 - 12 years exp. (6 salaries)

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₹3.9 L/yr - ₹8.5 L/yr

arrow icon 45% less
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IIFL SAMASTA Manager M1 Salary

6 - 14 years exp. (5 salaries)

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₹5.8 L/yr - ₹9.2 L/yr

arrow icon 27% less
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Muthoot Fincorp Manager M1 Salary

9 - 11 years exp. (5 salaries)

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₹4.5 L/yr - ₹7 L/yr

arrow icon 48% less
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TVS Credit Manager M1 Salary

0 - 11 years exp. (4 salaries)

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₹7.6 L/yr - ₹8 L/yr

arrow icon 26% less
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HDB Financial Services Manager M1 Salary

10 - 22 years exp. (4 salaries)

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₹5 L/yr - ₹13.5 L/yr

arrow icon 24% less
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Bharat Financial Inclusion Manager M1 Salary

5 - 15 years exp. (3 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 31% less
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Muthoot Microfin Manager M1 Salary

7 - 15 years exp. (3 salaries)

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₹4.1 L/yr - ₹5.5 L/yr

arrow icon 54% less
Manager M1 salary at SMFG India Credit ranges between ₹6.5 Lakhs to ₹15 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 20 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Manager M1

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7 years exp.
6d ago
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16 years exp.
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10 years exp.
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5 years exp.
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12 years exp.
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2 years exp.
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9 years exp.
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9 years exp.
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12 years exp.

Experience wise SMFG India Credit Manager M1 salaries

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹13.5 L/yr
3 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
4 years (AmbitionBox Estimate)

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₹10 L/yr - ₹12.8 L/yr
5 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹12 L/yr
View all

Similar Designation salaries in SMFG India Credit

Team Manager Salary
(10 salaries)
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₹4 L/yr - ₹12.65 L/yr
Area Manager Salary
(15 salaries)
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₹7.5 L/yr - ₹16.93 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Team Lead Salary
(40 salaries)
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₹2.3 L/yr - ₹7 L/yr
Branch Manager Salary
(182 salaries)
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₹3.89 L/yr - ₹15 L/yr
Deputy Manager Salary
(6 salaries)
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₹3.85 L/yr - ₹7.43 L/yr
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₹8.2 L/yr - ₹30 L/yr
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₹8.6 L/yr - ₹27 L/yr
Cluster Manager Salary
(65 salaries)
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₹5 L/yr - ₹20.93 L/yr
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₹3 L/yr - ₹3.8 L/yr

Salary related reviews for SMFG India Credit

3.6

Rated by 3 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 25 Apr 2022

5.0
 for  Salary and Benefits

Likes

..., Learning Various Products and Policy. Good Friendly Natural of Company Senior. Best Pay Scale in industry.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Only system issues and software not working properly. IT issue.

Full Time

 · 

Human Resources Department

3.0
  •  posted on 02 May 2021

1.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive

  • Job security - Excellent
  • +1 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is below decent & career growth is slow. Even during lockdown we worked from home using our personal computer and internet they didn't even give compensation instead reduced our appraisal bonus as 60% and increment as only 6%

read more
  • Salary - Bad
  • +3 more

Customer Success, Service & Operations Department

4.0
  •  posted on 26 May 2022

3.0
 for  Salary and Benefits

Likes

...rent learning skills we get not only one same work. Teammates are supportive. About Dislikes - I had worked over 3yrs, but no increment, no bonus, no incentive and all. Only work that's it.

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  • Skill development - Excellent
  • +5 more

Dislikes

I had worked over 3yrs, but no increment, no bonus, no overtime extra money, no incentive and all. Only work

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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.

read more
  • 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.

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BFSI, Investments & Trading Department

4.0
  •  posted on 03 Apr 2021

4.0
 for  Salary and Benefits

Likes

Good work environment. Seniors are supportive. HR policies also good. Salaries and bonus are good compare to other NBFC.

read more
  • Salary - Good
  • +3 more

Dislikes

Work life balance is not applicable here. 30 days are working and a lot off target pressure. Dont have any training and help how to achieve assigned targets.

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  • Skill development - Poor
  • +1 more
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SMFG India Credit Manager M1 Salary FAQs

What is the salary of Manager M1 at SMFG India Credit?
Manager M1 salary at SMFG India Credit in India ranges between ₹6.5 Lakhs to ₹15.0 Lakhs for experience between 2 years to 16 years. According to our estimates it is 8% less than the average Manager M1 Salary in India. Salary estimates are based on 20 latest salaries received from various employees of SMFG India Credit India.
How does the salary of a Manager M1 at SMFG India Credit India compare with the average salary range for this job?
The average salary of a Manager M1 at SMFG India Credit is 8% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.
Which similar companies are paying more than SMFG India Credit to a Manager M1 in India?
  • Mahindra Finance Manager M1 Salary - ₹10.0 Lakhs to ₹14.8 Lakhs per year
What is the salary of a Manager M1 in companies similar to SMFG India Credit in India?
  • ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
  • HDFC Bank Manager M1 Salary - ₹5.0 Lakhs to ₹13.3 Lakhs per year
  • HDB Financial Services Manager M1 Salary - ₹5.0 Lakhs to ₹13.5 Lakhs per year
  • TVS Credit Manager M1 Salary - ₹7.6 Lakhs to ₹8.0 Lakhs per year
  • IIFL SAMASTA Manager M1 Salary - ₹5.8 Lakhs to ₹9.2 Lakhs per year
What is the estimated take home salary of a Manager M1 at SMFG India Credit in India?
The estimated take-home salary of a Manager M1 at SMFG India Credit ranges between ₹76,740 per month to ₹78,730 per month in India. The take-home salary calculation is based on the average SMFG India Credit Manager M1 salary in India which ranges between ₹6.5 Lakhs to ₹15.0 Lakhs per year for employees with experience between 2 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Manager M1 at SMFG India Credit?
According to AmbitionBox, 67% of the SMFG India Credit Manager M1s reported a notice period of 3 Months, 13% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SMFG India Credit Manager M1 salary in India ranges between ₹6.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 SMFG India Credit latest salaries received from various employees of SMFG India Credit.