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SMFG India Credit Recovery Officer salaries in India

Annual salary range
0 - 9 years exp.
₹2.8 Lakhs - ₹4 Lakhs
Salary of majority employees
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15% more than the average Recovery Officer Salary in NBFC Companies for 0 - 9 years of experience

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Salaries in different departments

Finance & Accounting
Recovery Officer Salary
3 - 6 years exp. (4 salaries)
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₹3.1 L/yr - ₹3.6 L/yr

Marketing & Communication
Recovery Officer Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4 L/yr

Sales & Business Development
Recovery Officer Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.3 L/yr

Last Updated: 14 Jul 2024

Companies similar to SMFG India Credit for Recovery Officer

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Recovery Officer Salary

0 - 5 years exp. (40 salaries)

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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 16% less
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HDFC Bank Recovery Officer Salary

1 - 7 years exp. (33 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 4% less
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ICICI Bank Recovery Officer Salary

0 - 8 years exp. (15 salaries)

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₹1.5 L/yr - ₹3.4 L/yr

arrow icon 24% less
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Tata Capital Recovery Officer Salary

0 - 1 year exp. (3 salaries)

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₹1.5 L/yr - ₹7.3 L/yr

arrow icon 18% more
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Mahindra Finance Recovery Officer Salary

0 - 8 years exp. (27 salaries)

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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 13% less
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Shriram Finance Recovery Officer Salary

1 - 8 years exp. (108 salaries)

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₹1.2 L/yr - ₹3.8 L/yr

arrow icon 14% less
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L&T Finance Recovery Officer Salary

2 - 6 years exp. (3 salaries)

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₹2 L/yr - ₹2.2 L/yr

arrow icon 31% less
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Edelweiss Recovery Officer Salary

2 - 5 years exp. (4 salaries)

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₹3 L/yr - ₹3.8 L/yr

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

arrow icon 22% less
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Home Credit Finance Recovery Officer Salary

1 - 6 years exp. (9 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 4% more
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Muthoot Finance Recovery Officer Salary

2 - 4 years exp. (5 salaries)

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₹1.5 L/yr - ₹2.3 L/yr

arrow icon 33% less
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Tata Motors Finance Recovery Officer Salary

3 - 6 years exp. (5 salaries)

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₹1.7 L/yr - ₹3 L/yr

arrow icon 28% less
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Fusion Microfinance Recovery Officer Salary

1 - 7 years exp. (4 salaries)

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₹1.6 L/yr - ₹2.4 L/yr

arrow icon 42% less
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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 8% less
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IIFL SAMASTA Recovery Officer Salary

0 - 2 years exp. (3 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 11% more
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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 13% less
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Manappuram Finance Recovery Officer Salary

4 - 13 years exp. (3 salaries)

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₹2.2 L/yr - ₹4.8 L/yr

arrow icon 6% more
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₹2 L/yr - ₹3 L/yr

arrow icon 23% less
Recovery Officer salary at SMFG India Credit ranges between ₹2.8 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 12 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Recovery Officer

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Experience wise SMFG India Credit Recovery Officer salaries

Last Updated: 14 Jul 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹5.4 L/yr
1 year (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹4 L/yr
View all

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 - ₹4.5 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
Deputy Manager Salary
(6 salaries)
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₹3.85 L/yr - ₹7.43 L/yr
Sales Manager Salary
(222 salaries)
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₹1.8 L/yr - ₹10 L/yr
Branch Manager Salary
(46 salaries)
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₹3.44 L/yr - ₹12.65 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹14.9 L/yr - ₹19 L/yr
Accountant Salary
(4 salaries)
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₹1 L/yr - ₹2.6 L/yr
Sales Executive Salary
(97 salaries)
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₹1.3 L/yr - ₹4 L/yr

Salary related reviews for SMFG India Credit

5.0

Rated by 3 employees for salary & benefits

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 Recovery Officer Salary FAQs

What is the salary of Recovery Officer at SMFG India Credit ?
The average salary of a Recovery Officer at SMFG India Credit in India typically ranges from ₹2.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Recovery Officer at SMFG India Credit earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Recovery 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 10+ SMFG India Credit employees in India.
What is the estimated take home salary of a Recovery Officer at SMFG India Credit in India?
The estimated take-home salary of a Recovery Officer at SMFG India Credit in India typically ranges from ₹22,162 to ₹23,643 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 10+ 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 Recovery Officer in India?
Tata Capital ₹1.5 Lakhs to ₹7.3 Lakhs per year
IIFL SAMASTA ₹2.0 Lakhs to ₹6.0 Lakhs per year
Manappuram Finance ₹2.2 Lakhs to ₹4.8 Lakhs per year
Edelweiss ₹3.0 Lakhs to ₹3.8 Lakhs per year
Home Credit Finance ₹2.0 Lakhs to ₹4.0 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 Recovery Officer in companies similar to SMFG India Credit in India?
The salary of a Recovery 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:

HDFC Bank ₹1.8 Lakhs to ₹4.5 Lakhs per year
Mahindra Rural Housing Finance ₹2.2 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance ₹1.8 Lakhs to ₹3.8 Lakhs per year
Satin Creditcare Network ₹2.3 Lakhs to ₹3.5 Lakhs per year
Shriram Finance ₹1.2 Lakhs to ₹3.8 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 Recovery Officer at SMFG India Credit in India?
The salary growth for a Recovery Officer at SMFG India Credit depends on factors such as experience, performance, and promotions. On average, a Recovery Officer can expect the following growth trajectory at SMFG India Credit:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹5.4 Lakhs per year
1 year ₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years ₹1.2 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

SMFG India Credit Recovery Officer salary in India ranges between ₹2.8 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 SMFG India Credit latest salaries received from various employees of SMFG India Credit.