SMFG India Credit Chennai Recovery Manager Salaries by 3 Employees (Updated 2025)

3 - 8 years exp.

₹2.6 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

10% more than the average Recovery Manager Salary in NBFC Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.1 L/yr
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Finance & Accounting Recovery Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹5 L/yr

Last Updated: 13 Jul 2024

Companies similar to SMFG India Credit for Recovery Manager in Chennai

SMFG India Credit Recovery Manager Salary

3 - 8 years exp. (3 salaries)

₹2.6 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Recovery Manager Salary 4 - 10 years exp. (3 salaries)	₹2.1 L/yr - ₹3.5 L/yr 33% less
Salma International Recovery Manager Salary 20 - 22 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr 24% more
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Piramal Capital Housing Finance Recovery Manager Salary 1 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹4.1 L/yr 3% less

Recovery Manager salary at SMFG India Credit ranges between ₹2.6 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Recovery Manager salaries in Chennai

Last Updated: 13 Jul 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr

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Similar Designation salaries in SMFG India Credit

Agency Manager Salary

(13 salaries)

₹3.25 L/yr - ₹5.5 L/yr

Collections Manager Salary

(10 salaries)

₹2.5 L/yr - ₹5.65 L/yr

Team Lead Salary

(6 salaries)

₹4 L/yr - ₹6 L/yr

Branch Manager Salary

(5 salaries)

₹7 L/yr - ₹13.25 L/yr

Area Collection Manager Salary

(4 salaries)

₹5.65 L/yr - ₹11.05 L/yr

Top skills at SMFG India Credit for Recovery Manager

Collections Quality Improvement Finance Team Leading Customer Management Recovery Auditing Payment Processing

Salary related reviews for SMFG India Credit

Collection Officer in Mumbai

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.

Dislikes

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

Territory Collection Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 12 Sep 2023

4.0

for Salary and Benefits

Likes

The salary package & the incentives paid is good.

Dislikes

Time management, not understanding employee needed during various situation & not handling the employees softly & clearing customers issues, not done till date.

Collection Officer in Lalgudi

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.

Dislikes

Team members have lot of problems due to partiality and politics

Area Manager in Ahmedabad

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.

Dislikes

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

Agency Manager in Kapadvanj

BFSI, Investments & Trading Department

2.0

• posted on 10 Dec 2021

5.0

for Salary and Benefits

Likes

Good supports from local siniors ,Good incetives.

Dislikes

Provide higer salary and grade to New recruited employee instade existing and vintage employee however had more efficient and more experienced.Internal politics by state heads.If ur perfomer good skills to hendling team didnt get proper reward.However company & Hr is verry good

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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SMFG India Credit Recovery Manager Salary FAQs

What is the notice period for Recovery Manager at SMFG India Credit in Chennai?

According to AmbitionBox, 50% of the SMFG India Credit Recovery Managers in Chennai reported a notice period of 15 days or less, 50% 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 Recovery Manager Salaries in Chennai

SMFG India Credit Recovery Manager salary in Chennai ranges between ₹2.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SMFG India Credit latest salaries received from various employees of SMFG India Credit.