SMFG India Credit Senior Process Associate Salaries by 6 Employees (Updated 2025)

4 - 6 years exp.

₹2.8 Lakhs - ₹3.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% less than the average Senior Process Associate Salary in NBFC Companies for 4 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Process Associate Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.8 L/yr
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Sales & Business Development Senior Process Associate Salary 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 22 Feb 2025

Companies similar to SMFG India Credit for Senior Process Associate

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Senior Process Associate Salary 0 - 6 years exp. (15 salaries)	₹1.2 L/yr - ₹3.5 L/yr 30% less
TCS Senior Process Associate Salary 0 - 11 years exp. (18.5k salaries)	₹1.5 L/yr - ₹7.5 L/yr 39% more
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Cognizant Senior Process Associate Salary 0 - 9 years exp. (4.8k salaries)	₹1.7 L/yr - ₹6.5 L/yr 37% more
Genpact Senior Process Associate Salary 0 - 8 years exp. (4k salaries)	₹1.3 L/yr - ₹5.3 L/yr 9% more
Accenture Senior Process Associate Salary 2 - 10 years exp. (2.2k salaries)	₹1.4 L/yr - ₹9 L/yr 46% more

Senior Process Associate salary at SMFG India Credit ranges between ₹2.8 Lakhs to ₹3.8 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Senior Process Associate salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr
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6 years (3 salaries)	₹2.8 L/yr - ₹3.8 L/yr

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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 Process Associate Salary FAQs

What is the salary of Senior Process Associate at SMFG India Credit ?

The average salary of a Senior Process Associate at SMFG India Credit in India typically ranges from ₹2.8 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Senior Process Associate at SMFG India Credit earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Senior Process Associate 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 6 SMFG India Credit employees in India.

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

The estimated take-home salary of a Senior Process Associate at SMFG India Credit in India typically ranges from ₹23,443 to ₹24,905 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 4 years to 6 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 6 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 Process Associate in India?

Accenture	₹1.4 Lakhs to ₹9.0 Lakhs per year
TCS	₹1.5 Lakhs to ₹7.5 Lakhs per year
Cognizant	₹1.7 Lakhs to ₹6.5 Lakhs per year
Genpact	₹1.3 Lakhs to ₹5.3 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 Process Associate in companies similar to SMFG India Credit in India?

The salary of a Senior Process Associate at companies similar to SMFG India Credit in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services

₹1.2 Lakhs to ₹3.5 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 Process Associate at SMFG India Credit in India?

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

Experience	Average Salary Range
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years	₹3.0 Lakhs to ₹5.8 Lakhs per year
6 years	₹2.8 Lakhs to ₹3.8 Lakhs per year

and so on.

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SMFG India Credit Senior Process Associate Salaries

SMFG India Credit Senior Process Associate salary in India ranges between ₹2.8 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SMFG India Credit latest salaries received from various employees of SMFG India Credit.