SMFG India Credit Software Engineer Salaries by 20+ Employees

1 - 7 years exp.

₹6.7 Lakhs - ₹15.1 Lakhs

Salary of majority employees

10% more than the average Software Engineer Salary in NBFC Companies for 1 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA Software Engineer Salary 2 - 5 years exp. (11 salaries)	₹6 L/yr - ₹13.1 L/yr
Project & Program Management Software Engineer Salary 5 - 7 years exp. (3 salaries)	₹7.6 L/yr - ₹14.1 L/yr
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Engineering - Hardware & Networks Software Engineer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹11.1 L/yr

Last Updated: 23 Dec 2023

Companies similar to SMFG India Credit for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Software Engineer Salary 0 - 3 years exp. (82 salaries)	₹4.8 L/yr - ₹15 L/yr 26% more	3 job openings
Bharat Financial Inclusion Software Engineer Salary 1 - 4 years exp. (29 salaries)	₹4 L/yr - ₹6.8 L/yr 48% less
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L&T Finance Software Engineer Salary 0 - 5 years exp. (19 salaries)	₹4.2 L/yr - ₹10.8 L/yr 20% less
TVS Credit Software Engineer Salary 1 - 7 years exp. (17 salaries)	₹4.8 L/yr - ₹10 L/yr 23% less
IIFL Finance Software Engineer Salary 0 - 6 years exp. (14 salaries)	₹5.5 L/yr - ₹22 L/yr 41% more
HDB Financial Services Software Engineer Salary 1 - 4 years exp. (14 salaries)	₹2 L/yr - ₹10.4 L/yr 42% less
Aditya Birla Finance Software Engineer Salary 1 - 5 years exp. (10 salaries)	₹5.4 L/yr - ₹9.3 L/yr 27% less
Mahindra Finance Software Engineer Salary 0 - 8 years exp. (9 salaries)	₹3 L/yr - ₹7.6 L/yr 27% less
Home Credit Finance Software Engineer Salary 1 - 5 years exp. (8 salaries)	₹5.2 L/yr - ₹16.7 L/yr At par
Shriram Finance Software Engineer Salary 0 - 3 years exp. (8 salaries)	₹3 L/yr - ₹4 L/yr 61% less
Satin Creditcare Network Software Engineer Salary 5 - 7 years exp. (6 salaries)	₹7.4 L/yr - ₹10.5 L/yr 11% less
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Muthoot Fincorp Software Engineer Salary 2 - 6 years exp. (5 salaries)	₹3 L/yr - ₹7.5 L/yr 44% less
Manappuram Finance Software Engineer Salary 1 - 5 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 62% less
Spandana Sphoorty Financial Software Engineer Salary 3 - 8 years exp. (5 salaries)	₹6 L/yr - ₹11.5 L/yr 10% less
CreditAccess Grameen Software Engineer Salary 2 - 3 years exp. (5 salaries)	₹17.7 L/yr - ₹35.3 L/yr 186% more
John Deere Financial Software Engineer Salary 1 - 3 years exp. (3 salaries)	₹7 L/yr - ₹10.5 L/yr 12% less
Muthoot Microfin Software Engineer Salary 4 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹17.5 L/yr 7% less
Tata Motors Finance Software Engineer Salary 4 - 8 years exp. (3 salaries)	₹7.2 L/yr - ₹34 L/yr 120% more

Software Engineer salary at SMFG India Credit ranges between ₹6.7 Lakhs to ₹15.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 20 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Software Engineer salaries

Last Updated: 23 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.1 L/yr
2 years (4 salaries)	₹2.7 L/yr - ₹13.6 L/yr
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3 years (6 salaries)	₹3.4 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹16.7 L/yr
5 years (5 salaries)	₹10 L/yr - ₹18.2 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹14.1 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹13.2 L/yr

View all

Similar Designation salaries in SMFG India Credit

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

Software Developer Salary

(6 salaries)

₹7.3 L/yr - ₹14 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Associate Software Engineer Salary

(4 salaries)

₹2 L/yr - ₹8 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 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

Senior Software Developer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for SMFG India Credit

3.0

Rated by 2 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

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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.

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SMFG India Credit Software Engineer Salary FAQs

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

The average salary of a Software Engineer at SMFG India Credit in India typically ranges from ₹6.7 Lakhs to ₹15.1 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Software Engineer at SMFG India Credit earn more than ₹15.1 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Software Engineer 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 Software Engineer at SMFG India Credit in India?

The estimated take-home salary of a Software Engineer at SMFG India Credit in India typically ranges from ₹67,426 to ₹69,153 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹15.1 Lakhs per year for employees with experience ranging from 1 year to 7 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 Software Engineer in India?

CreditAccess Grameen	₹17.7 Lakhs to ₹35.3 Lakhs per year
Tata Motors Finance	₹7.2 Lakhs to ₹34.0 Lakhs per year
IIFL Finance	₹5.5 Lakhs to ₹22.0 Lakhs per year
Bajaj Finance	₹4.8 Lakhs to ₹15.0 Lakhs per year
Home Credit Finance	₹5.2 Lakhs to ₹16.7 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 Engineer in companies similar to SMFG India Credit in India?

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

Muthoot Microfin	₹2.9 Lakhs to ₹17.5 Lakhs per year
Spandana Sphoorty Financial	₹6.0 Lakhs to ₹11.5 Lakhs per year
Satin Creditcare Network	₹7.4 Lakhs to ₹10.5 Lakhs per year
John Deere Financial	₹7.0 Lakhs to ₹10.5 Lakhs per year
L&T Finance	₹4.2 Lakhs to ₹10.8 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 Engineer at SMFG India Credit in India?

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

Experience	Average Salary Range
1 year	₹4.5 Lakhs to ₹12.1 Lakhs per year
2 years	₹2.7 Lakhs to ₹13.6 Lakhs per year
3 years	₹3.4 Lakhs to ₹10.0 Lakhs per year
4 years	₹6.5 Lakhs to ₹16.7 Lakhs per year

and so on.

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SMFG India Credit Software Engineer Salaries

SMFG India Credit Software Engineer salary in India ranges between ₹6.7 Lakhs to ₹15.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 SMFG India Credit latest salaries received from various employees of SMFG India Credit.