SMFG India Credit Software Developer Salaries by 6 Employees (Updated 2025)

2 - 4 years exp.

₹7.3 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

At par with the average Software Developer Salary in NBFC Companies for 2 - 4 years of experience

Interested in this particular role?

Last Updated: 12 Mar 2025

Companies similar to SMFG India Credit for Software Developer

Company name	Avg Annual Salary	Open Jobs
TVS Credit Software Developer Salary 1 - 5 years exp. (133 salaries)	₹3.1 L/yr - ₹9.6 L/yr 16% less
IIFL Finance Software Developer Salary 0 - 3 years exp. (75 salaries)	₹4 L/yr - ₹14 L/yr 8% more
Login to view exact salary
Manappuram Finance Software Developer Salary 0 - 3 years exp. (70 salaries)	₹2 L/yr - ₹4.2 L/yr 64% less
Bajaj Finance Software Developer Salary 0 - 3 years exp. (23 salaries)	₹5.7 L/yr - ₹14 L/yr 46% more
Home Credit Finance Software Developer Salary 0 - 5 years exp. (22 salaries)	₹6 L/yr - ₹20 L/yr 41% more
Mahindra Finance Software Developer Salary 0 - 6 years exp. (19 salaries)	₹2.9 L/yr - ₹10.8 L/yr 21% less
L&T Finance Software Developer Salary 0 - 7 years exp. (16 salaries)	₹5 L/yr - ₹20 L/yr 44% more
HDB Financial Services Software Developer Salary 1 - 5 years exp. (13 salaries)	₹1.9 L/yr - ₹9.2 L/yr 35% less
Bharat Financial Inclusion Software Developer Salary 3 - 9 years exp. (12 salaries)	₹4.8 L/yr - ₹13 L/yr 9% more
Muthoot Microfin Software Developer Salary 0 - 4 years exp. (8 salaries)	₹5 L/yr - ₹12 L/yr 3% more	1 job opening
Aditya Birla Finance Software Developer Salary 0 - 3 years exp. (5 salaries)	₹6 L/yr - ₹15.3 L/yr 56% more
Login to view exact salary
Muthoot Finance Software Developer Salary 0 - 2 years exp. (5 salaries)	₹3.8 L/yr - ₹5 L/yr 48% less
IIFL SAMASTA Software Developer Salary 0 - 3 years exp. (4 salaries)	₹6 L/yr - ₹6.7 L/yr 22% less
Muthoot Fincorp Software Developer Salary 3 - 4 years exp. (4 salaries)	₹8 L/yr - ₹18.5 L/yr 78% more
Satin Creditcare Network Software Developer Salary 2 - 3 years exp. (4 salaries)	₹3.5 L/yr - ₹6.2 L/yr 40% less
Shriram Finance Software Developer Salary 2 - 4 years exp. (4 salaries)	₹4 L/yr - ₹9.2 L/yr 26% less
Tata Motors Finance Software Developer Salary 2 - 6 years exp. (4 salaries)	₹7 L/yr - ₹17.2 L/yr 22% more
Svatantra Microfin Software Developer Salary 1 - 6 years exp. (3 salaries)	₹2 L/yr - ₹5.5 L/yr 48% less
Spandana Sphoorty Financial Software Developer Salary 0 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹7.5 L/yr 41% less

Software Developer salary at SMFG India Credit ranges between ₹7.3 Lakhs to ₹14 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Software Developer salaries

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹14.5 L/yr
3 years (3 salaries)	₹8.5 L/yr - ₹11 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹16 L/yr

Similar Designation salaries in SMFG India Credit

Java Developer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Software Engineer Salary

(20 salaries)

₹6.72 L/yr - ₹15.05 L/yr

Plsql Developer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Application Developer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹21.4 L/yr - ₹27.4 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹39 L/yr - ₹49.8 L/yr

Senior Software Engineer Salary

(3 salaries)

₹6 L/yr - ₹20 L/yr

Team Lead Salary

(40 salaries)

₹2.3 L/yr - ₹6.2 L/yr

Senior Associate Salary

(3 salaries)

₹3.76 L/yr - ₹4.35 L/yr

Salary related reviews for SMFG India Credit

5.0

Rated by 1 employees for salary & benefits

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

Customer Relation Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2024

2.0

for Salary and Benefits

Likes

Company is very good about salary and incentives

Dislikes

Nameet team Leder of retention process is very bad in behaviour. He Dont have sense of talking. And even don't give importance to the advisors family problems even if in critical situation

Salary - Poor

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about SMFG India Credit?

Ask anonymously on communities.

SMFG India Credit Software Developer Salary FAQs

What is the salary of Software Developer at SMFG India Credit ?

The average salary of a Software Developer at SMFG India Credit in India typically ranges from ₹7.3 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Software Developer at SMFG India Credit earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Software Developer 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 Software Developer at SMFG India Credit in India?

The estimated take-home salary of a Software Developer at SMFG India Credit in India typically ranges from ₹59,522 to ₹61,025 per month. This is based on the average salary range of ₹7.3 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 Software Developer in India?

Muthoot Fincorp	₹8.0 Lakhs to ₹18.5 Lakhs per year
Aditya Birla Finance	₹6.0 Lakhs to ₹15.3 Lakhs per year
Bajaj Finance	₹5.7 Lakhs to ₹14.0 Lakhs per year
L&T Finance	₹5.0 Lakhs to ₹20.0 Lakhs per year
Home Credit Finance	₹6.0 Lakhs to ₹20.0 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 Software Developer in companies similar to SMFG India Credit in India?

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

Tata Motors Finance	₹7.0 Lakhs to ₹17.2 Lakhs per year
Bharat Financial Inclusion	₹4.8 Lakhs to ₹13.0 Lakhs per year
IIFL Finance	₹4.0 Lakhs to ₹14.0 Lakhs per year
Muthoot Microfin	₹5.0 Lakhs to ₹12.0 Lakhs per year
TVS Credit	₹3.1 Lakhs to ₹9.6 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 Software Developer at SMFG India Credit in India?

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

Experience	Average Salary Range
2 years	₹7.3 Lakhs to ₹14.5 Lakhs per year
3 years	₹8.5 Lakhs to ₹11.0 Lakhs per year
4 years	₹4.4 Lakhs to ₹16.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
SMFG India Credit Salaries >
SMFG India Credit Software Developer Salaries

SMFG India Credit Software Developer salary in India ranges between ₹7.3 Lakhs to ₹14 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.