SMFG India Credit Senior Credit Officer Salaries by 10 Employees

0 - 8 years exp.

₹1.4 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

45% less than the average Senior Credit Officer Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting Senior Credit Officer Salary 2 - 8 years exp. (5 salaries)	₹2.1 L/yr - ₹2.4 L/yr
BFSI, Investments & Trading Senior Credit Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.5 L/yr
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Sales & Business Development Senior Credit Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 15 Aug 2024

Companies similar to SMFG India Credit for Senior Credit Officer

Company name	Avg Annual Salary	Open Jobs
Fusion Microfinance Senior Credit Officer Salary 3 - 8 years exp. (8 salaries)	₹2.9 L/yr - ₹5.1 L/yr 52% more
Shriram Finance Senior Credit Officer Salary 4 - 8 years exp. (8 salaries)	₹2.1 L/yr - ₹4 L/yr 40% more
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IIFL Finance Senior Credit Officer Salary 2 - 5 years exp. (7 salaries)	₹3.2 L/yr - ₹5 L/yr 99% more
CreditAccess Grameen Senior Credit Officer Salary 5 - 11 years exp. (6 salaries)	₹3 L/yr - ₹4.9 L/yr 81% more
Mahindra Rural Housing Finance Senior Credit Officer Salary 0 - 2 years exp. (5 salaries)	₹2.7 L/yr - ₹3.7 L/yr 46% more
Muthoot Microfin Senior Credit Officer Salary 2 - 8 years exp. (5 salaries)	₹1.9 L/yr - ₹2.8 L/yr 6% less
IIFL SAMASTA Senior Credit Officer Salary 4 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹4.3 L/yr 60% more
Aditya Birla Finance Senior Credit Officer Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 37% more
SK Finance Limited Senior Credit Officer Salary 1 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹4.2 L/yr 61% more
HDB Financial Services Senior Credit Officer Salary 4 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 42% more
Satin Finserv Senior Credit Officer Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.4 L/yr 42% more
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Muthoot Fincorp Senior Credit Officer Salary 2 - 7 years exp. (3 salaries)	₹2.9 L/yr - ₹3.6 L/yr 39% more
Satin Creditcare Network Senior Credit Officer Salary 3 - 8 years exp. (3 salaries)	₹2.3 L/yr - ₹3 L/yr 21% more
TVS Credit Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹4 L/yr 40% more
Annapurna Finance Senior Credit Officer Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 1% less
Bajaj Finance Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	₹5.5 L/yr - ₹12 L/yr 236% more

Senior Credit Officer salary at SMFG India Credit ranges between ₹1.4 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 10 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Senior Credit Officer salaries

Last Updated: 15 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.9 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.1 L/yr
5 years (3 salaries)	₹2.2 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.3 L/yr

View all

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Zonal Credit Manager Salary

(3 salaries)

₹28.8 L/yr - ₹38.2 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

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Salary related reviews for SMFG India Credit

3.6

Rated by 2 employees for salary & benefits

Sales Manager in Kadapa

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

Salary - Excellent

+6 more

Dislikes

Nothing dislike this company it's a very good company more than other NBFC companies

Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Mar 2023

5.0

for Salary and Benefits

Likes

I am very happy from this this company People Management, Working Pattern, Salary & Perks, Work Life Balance except other things like Learning & Development, Motivational Thoughts.

Salary - Excellent

+4 more

Dislikes

Learning & Development, Next Level (Promotion).

Skill development - Poor

+1 more

Sales Manager in Chhindwara

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.

Sales Manager in Jorhat

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.

Salary - Excellent

+4 more

Dislikes

Poor customer service &high interest rate

Sales Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 16 Sep 2023

4.0

for Salary and Benefits

Likes

Nice company.work condition is good. Get good insentive. Hear work and family can manage easily time manage.

Salary - Good

+2 more

Dislikes

...policy. Company hold the old staff. they can't support new join . No pramotions. They not pay TA DA expenses properly.

Skill development - Bad

+1 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SMFG India Credit Senior Credit Officer Salary FAQs

What is the salary of Senior Credit Officer at SMFG India Credit ?

The average salary of a Senior Credit Officer at SMFG India Credit in India typically ranges from ₹1.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Senior Credit Officer at SMFG India Credit earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Senior Credit 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 Senior Credit Officer at SMFG India Credit in India?

The estimated take-home salary of a Senior Credit Officer at SMFG India Credit in India typically ranges from ₹15,794 to ₹17,431 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 Senior Credit Officer in India?

Bajaj Finance	₹5.5 Lakhs to ₹12.0 Lakhs per year
IIFL Finance	₹3.2 Lakhs to ₹5.0 Lakhs per year
CreditAccess Grameen	₹3.0 Lakhs to ₹4.9 Lakhs per year
SK Finance Limited	₹3.2 Lakhs to ₹4.2 Lakhs per year
IIFL SAMASTA	₹3.2 Lakhs to ₹4.3 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 Senior Credit Officer in companies similar to SMFG India Credit in India?

The salary of a Senior Credit 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:

Fusion Microfinance	₹2.9 Lakhs to ₹5.1 Lakhs per year
Mahindra Rural Housing Finance	₹2.7 Lakhs to ₹3.7 Lakhs per year
HDB Financial Services	₹2.5 Lakhs to ₹3.3 Lakhs per year
Satin Finserv	₹3.0 Lakhs to ₹3.4 Lakhs per year
Shriram Finance	₹2.1 Lakhs to ₹4.0 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 Senior Credit Officer at SMFG India Credit in India?

The salary growth for a Senior Credit Officer at SMFG India Credit depends on factors such as experience, performance, and promotions. On average, a Senior Credit Officer can expect the following growth trajectory at SMFG India Credit:

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹3.9 Lakhs per year
1 year	₹2.0 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.2 Lakhs to ₹4.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.6 Lakhs per year

and so on.

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SMFG India Credit Senior Credit Officer Salaries

SMFG India Credit Senior Credit Officer salary in India ranges between ₹1.4 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 SMFG India Credit latest salaries received from various employees of SMFG India Credit.