SMFG India Credit Mumbai Senior Manager Credit Salaries by 20+ Employees (Updated 2025)

6 - 15 years exp.

₹7 Lakhs - ₹16.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average Senior Manager Credit Salary in NBFC Companies for 6 - 15 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 6 - 15 years exp. (14 salaries)	₹7 L/yr - ₹16.5 L/yr
Finance & Accounting Senior Manager Credit Salary 6 - 15 years exp. (3 salaries)	₹8.8 L/yr - ₹10.5 L/yr
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Risk Management & Compliance Senior Manager Credit Salary 9 - 15 years exp. (3 salaries)	₹7.8 L/yr - ₹10.7 L/yr

Last Updated: 23 Jan 2025

Companies similar to SMFG India Credit for Senior Manager Credit in Mumbai

SMFG India Credit Senior Manager Credit Salary

6 - 15 years exp. (23 salaries)

₹7 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Finance Senior Manager Credit Salary 3 - 10 years exp. (12 salaries)	₹10.2 L/yr - ₹30 L/yr 87% more
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 11 years exp. (68 salaries)	₹7 L/yr - ₹15 L/yr 20% more
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HDFC Bank Senior Manager Credit Salary 4 - 11 years exp. (39 salaries)	₹9 L/yr - ₹21 L/yr 38% more	1 job opening
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (7 salaries)	₹15.1 L/yr - ₹20 L/yr 76% more
Yes Bank Senior Manager Credit Salary 4 - 12 years exp. (27 salaries)	₹8.8 L/yr - ₹17 L/yr 35% more

Senior Manager Credit salary at SMFG India Credit ranges between ₹7 Lakhs to ₹16.5 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 23 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Senior Manager Credit in Mumbai

2mo ago

₹8.3 Lakhs

10 years exp.

4mo ago

₹13.3 Lakhs

8 years exp.

5mo ago

₹16.5 Lakhs

14 years exp.

8mo ago

₹10.7 Lakhs

15 years exp.

1y ago

₹15.4 Lakhs

12 years exp.

1y ago

8 years exp.

1y ago

9 years exp.

1y ago

15 years exp.

1y ago

6 years exp.

Experience wise SMFG India Credit Senior Manager Credit salaries in Mumbai

Last Updated: 23 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
7 years (4 salaries)	₹3.7 L/yr - ₹10.5 L/yr
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8 years (4 salaries)	₹7 L/yr - ₹13.3 L/yr
9 years (4 salaries)	₹7 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
12 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
13 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.3 L/yr
14 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
15+ years (3 salaries)	₹8.8 L/yr - ₹10.7 L/yr

View all

From

Senior Manager Credit

6 - 15 years exp.

Area Credit Manager

5 - 14 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SMFG India Credit

Credit Manager Salary

(70 salaries)

₹3.2 L/yr - ₹13.3 L/yr

Salary related reviews for SMFG India Credit

4.3

Rated by 2 employees for salary & benefits

Senior Manager Credit in Chennai

Finance & Accounting Department

1.0

• posted on 13 May 2022

1.0

for Salary and Benefits

Likes

Job security - Good

Dislikes

..., promotion based on influence, other company offer letter (retention basis) Some irregular, irresponsible, unfit employee also stays in this company for more than 10 yrs and getting salary, incentives, increments because of team achievement Employees using abusive languages in the office

Salary - Bad

+4 more

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

Credit Manager in Wani

BFSI, Investments & Trading Department

5.0

• posted on 04 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

Because of my health I am not able to continue working on the field and from me company work not complete on time so I have leave from Fullerton

Relationship Manager in South Karnataka

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.

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.

Officer in Pune

BFSI, Investments & Trading Department

5.0

• posted on 31 Jul 2021

5.0

for Salary and Benefits

Likes

If you work hard then You can get anything in this org. like growth, opportunity, salary. & today i happy to share because i have worked here & it's very useful for my growth.

Salary - Excellent

+6 more

Dislikes

But here no timing limit for work.......

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SMFG India Credit Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at SMFG India Credit in Mumbai?

The average salary of a Senior Manager Credit at SMFG India Credit in Mumbai typically ranges from ₹7.0 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Senior Manager Credit in Mumbai at SMFG India Credit earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Senior Manager Credit 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 20+ SMFG India Credit employees in India.

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

The estimated take-home salary of a Senior Manager Credit at SMFG India Credit in Mumbai typically ranges from ₹73,355 to ₹75,250 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 6 years to 15 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 20+ 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 Manager Credit in India?

Aditya Birla Finance	₹10.2 Lakhs to ₹30.0 Lakhs per year
ICICI Bank	₹15.1 Lakhs to ₹20.0 Lakhs per year
HDFC Bank	₹9.0 Lakhs to ₹21.0 Lakhs per year
Yes Bank	₹8.8 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Bank	₹7.0 Lakhs to ₹15.0 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.

How the salary growth look like for a Senior Manager Credit at SMFG India Credit in Mumbai?

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

Experience	Average Salary Range
6 years	₹8.0 Lakhs to ₹10.2 Lakhs per year
7 years	₹3.7 Lakhs to ₹10.5 Lakhs per year
8 years	₹7.0 Lakhs to ₹13.3 Lakhs per year
9 years	₹7.0 Lakhs to ₹10.5 Lakhs per year

and so on.

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SMFG India Credit Senior Manager Credit Salaries in Mumbai

SMFG India Credit Senior Manager Credit salary in Mumbai ranges between ₹7 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 SMFG India Credit latest salaries received from various employees of SMFG India Credit.