SMFG India Credit Risk Manager Salaries by 30+ Employees (Updated 2025)

3 - 11 years exp.

₹2.4 Lakhs - ₹5.1 Lakhs

Salary of majority employees

69% less than the average Risk Manager Salary in NBFC Companies for 3 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Risk Manager Salary 3 - 11 years exp. (20 salaries)	₹2.4 L/yr - ₹5.1 L/yr
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Finance & Accounting Risk Manager Salary 3 - 9 years exp. (12 salaries)	₹2.6 L/yr - ₹4.5 L/yr

Last Updated: 25 Jul 2023

Companies similar to SMFG India Credit for Risk Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Risk Manager Salary 0 - 7 years exp. (30 salaries)	₹4.1 L/yr - ₹13 L/yr 98% more
HDFC Bank Risk Manager Salary 1 - 10 years exp. (77 salaries)	₹3.8 L/yr - ₹14.9 L/yr 125% more
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ICICI Bank Risk Manager Salary 0 - 10 years exp. (64 salaries)	₹5 L/yr - ₹20.2 L/yr 222% more
Tata Capital Risk Manager Salary 0 - 4 years exp. (7 salaries)	₹7 L/yr - ₹13 L/yr 135% more
Aditya Birla Capital Risk Manager Salary 0 - 5 years exp. (8 salaries)	₹5.2 L/yr - ₹20.1 L/yr 230% more
Mahindra Finance Risk Manager Salary 6 - 17 years exp. (5 salaries)	₹17.1 L/yr - ₹25.3 L/yr 486% more
Shriram Finance Risk Manager Salary 2 - 14 years exp. (4 salaries)	₹2.8 L/yr - ₹7.1 L/yr 25% more
L&T Finance Risk Manager Salary 0 - 8 years exp. (173 salaries)	₹2.4 L/yr - ₹6.1 L/yr 5% more
Edelweiss Risk Manager Salary 1 - 6 years exp. (5 salaries)	₹5.5 L/yr - ₹10 L/yr 124% more
Home Credit Finance Risk Manager Salary 1 - 7 years exp. (21 salaries)	₹1.8 L/yr - ₹6.5 L/yr 20% less
IIFL Finance Risk Manager Salary 1 - 7 years exp. (11 salaries)	₹8.1 L/yr - ₹24 L/yr 293% more
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Aditya Birla Finance Risk Manager Salary 1 - 8 years exp. (10 salaries)	₹7.4 L/yr - ₹10.6 L/yr 177% more
CreditAccess Grameen Risk Manager Salary 5 - 9 years exp. (8 salaries)	₹2.9 L/yr - ₹5.5 L/yr 30% more
HDB Financial Services Risk Manager Salary 2 - 17 years exp. (8 salaries)	₹3 L/yr - ₹10 L/yr 61% more
Bharat Financial Inclusion Risk Manager Salary 0 - 6 years exp. (7 salaries)	₹3.8 L/yr - ₹11 L/yr 99% more
Annapurna Finance Risk Manager Salary 2 - 6 years exp. (6 salaries)	₹5 L/yr - ₹19 L/yr 215% more
Satin Creditcare Network Risk Manager Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.1 L/yr 7% less
Aye Finance Risk Manager Salary 3 - 6 years exp. (3 salaries)	₹15 L/yr - ₹22 L/yr 412% more
Mahindra Rural Housing Finance Risk Manager Salary 7 - 12 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 174% more
Tata Motors Finance Risk Manager Salary 5 - 11 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr 138% more

Risk Manager salary at SMFG India Credit ranges between ₹2.4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 34 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Risk Manager salaries

Last Updated: 25 Jul 2023

Experience	Avg Annual Salary
3 years (6 salaries)	₹2.4 L/yr - ₹4.5 L/yr
4 years (3 salaries)	₹2.6 L/yr - ₹3.8 L/yr
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5 years (9 salaries)	₹2.9 L/yr - ₹5.1 L/yr
6 years (6 salaries)	₹3.5 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.8 L/yr
9 years (5 salaries)	₹3.4 L/yr - ₹3.8 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.9 L/yr
11 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr

View all

Similar Designation salaries in SMFG India Credit

Audit Manager Salary

(6 salaries)

₹8.05 L/yr - ₹13 L/yr

Finance Manager Salary

(15 salaries)

₹1.4 L/yr - ₹8.65 L/yr

Branch Manager Salary

(178 salaries)

₹3.82 L/yr - ₹15 L/yr

Deputy Manager Salary

(6 salaries)

₹3.85 L/yr - ₹7.43 L/yr

Team Lead Salary

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₹2.3 L/yr - ₹6.2 L/yr

Accountant Salary

(4 salaries)

₹1 L/yr - ₹2.6 L/yr

Senior Audit Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Senior Associate Salary

(3 salaries)

₹3.76 L/yr - ₹4.35 L/yr

Audit Associate Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Audit Assistant Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for SMFG India Credit

3.9

Rated by 14 employees for salary & benefits

Branch Manager in Mumbai

Vehicle Finance Department

5.0

• posted on 26 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

There 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.

Tele Calling Officer in Rajahmundry

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 15 Dec 2024

4.0

for Salary and Benefits

Likes

I worked as a tele calling officer. I like the salary and benefits. But I didn't receive them because of I'm a tele calling officer l.

Salary - Good

Dislikes

Internal politics. Senior officers are very rude to freshers. Very less opportunities to promotions. Unsecured for women.

Promotions - Poor

+2 more

Transaction Officer in Lucknow

Full Time

Risk Management & Compliance Department

2.0

• posted on 28 Oct 2024

3.0

for Salary and Benefits

Likes

One thing is better that salary will credit on last day of month and everythings are bad for every staff. Work load is too high that a person can suiside.

Dislikes

Overall score not good. Company culture इस very bad. 16hrs work in everyday since morning late night 11:30 PM. No leave and no bonus. Work load is too high that a person can suside by stress/pressure. All day working

Skill development - Bad

+3 more

Customer Relationship Officer in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Salary on time no dedication any amt Company policy or company management or to good

Dislikes

Manager behavior not good with employees Timing issues for logg out No holiday for any festivals No benefit for extra hours seating showing Parcaility with hindu vs muslim

Skill development - Bad

+5 more

Senior Officer Operations in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jul 2024

2.0

for Salary and Benefits

Likes

Nothing to like at Fullerton

Dislikes

Giving confirmation to pay for additional extra hours OT work but not given such a politics company Almost 50k is pending from my end Total team payment is govindha govindha govindha

Salary - Poor

+3 more

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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 Risk Manager Salary FAQs

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

Risk Manager salary at SMFG India Credit in India ranges between ₹2.4 Lakhs to ₹5.1 Lakhs for experience between 3 years to 11 years. According to our estimates it is 69% less than the average Risk Manager Salary in India. Salary estimates are based on 34 latest salaries received from various employees of SMFG India Credit India.

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

The average salary of a Risk Manager at SMFG India Credit is 69% less than the average salary of a Risk Manager in India. To know exact salary insights, login to view.

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

Mahindra Finance Risk Manager Salary - ₹17.1 Lakhs to ₹25.3 Lakhs per year
Aye Finance Risk Manager Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
IIFL Finance Risk Manager Salary - ₹8.1 Lakhs to ₹24.0 Lakhs per year
Aditya Birla Capital Risk Manager Salary - ₹5.2 Lakhs to ₹20.1 Lakhs per year
ICICI Bank Risk Manager Salary - ₹5.0 Lakhs to ₹20.2 Lakhs per year

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

Annapurna Finance Risk Manager Salary - ₹5.0 Lakhs to ₹19.0 Lakhs per year
Aditya Birla Finance Risk Manager Salary - ₹7.4 Lakhs to ₹10.6 Lakhs per year
Mahindra Rural Housing Finance Risk Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
Tata Motors Finance Risk Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
Tata Capital Risk Manager Salary - ₹7.0 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Risk Manager at SMFG India Credit ranges between ₹27,728 per month to ₹29,126 per month in India. The take-home salary calculation is based on the average SMFG India Credit Risk Manager salary in India which ranges between ₹2.4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the SMFG India Credit Risk Managers reported a notice period of 3 Months, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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SMFG India Credit Risk Manager Salaries

SMFG India Credit Risk Manager salary in India ranges between ₹2.4 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 SMFG India Credit latest salaries received from various employees of SMFG India Credit.