SMFG India Credit Mumbai Software Engineer Salaries by 10+ Employees

1 - 5 years exp.

₹5.5 Lakhs - ₹13.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Software Engineer Salary in NBFC Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA Software Engineer Salary 2 - 5 years exp. (11 salaries)	₹2.7 L/yr - ₹13.1 L/yr
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Engineering - Hardware & Networks Software Engineer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹9.8 L/yr

Last Updated: 23 Dec 2023

Companies similar to SMFG India Credit for Software Engineer in Mumbai

SMFG India Credit Software Engineer Salary

1 - 5 years exp. (14 salaries)

₹5.5 L/yr - ₹13.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Finance Software Engineer Salary 1 - 6 years exp. (10 salaries)	₹5.4 L/yr - ₹9.3 L/yr 15% less
Shriram Finance Software Engineer Salary 1 - 3 years exp. (7 salaries)	₹3.3 L/yr - ₹5 L/yr 51% less
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Mahindra Finance Software Engineer Salary 2 - 8 years exp. (5 salaries)	₹4 L/yr - ₹7.8 L/yr 14% less
L&T Finance Software Engineer Salary 1 - 4 years exp. (3 salaries)	₹4.2 L/yr - ₹7.8 L/yr 15% less
HDB Financial Services Software Engineer Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹6 L/yr 27% less
Tata Motors Finance Software Engineer Salary 4 - 8 years exp. (3 salaries)	₹7.2 L/yr - ₹34 L/yr 153% more

Software Engineer salary at SMFG India Credit ranges between ₹5.5 Lakhs to ₹13.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 14 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Software Engineer salaries in Mumbai

Last Updated: 23 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
2 years (4 salaries)	₹2.7 L/yr - ₹11.4 L/yr
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3 years (5 salaries)	₹2.7 L/yr - ₹13 L/yr
4 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.3 L/yr
5 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr

Similar Designation salaries in SMFG India Credit

Team Lead Salary

(18 salaries)

₹3.2 L/yr - ₹6 L/yr

Software Developer Salary

(4 salaries)

₹7.3 L/yr - ₹11.08 L/yr

Associate Software Engineer Salary

(3 salaries)

₹2 L/yr - ₹6 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

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 Software Engineer Salary FAQs

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

The average salary of a Software Engineer at SMFG India Credit in Mumbai typically ranges from ₹5.5 Lakhs to ₹13.1 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Engineer in Mumbai at SMFG India Credit earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹13.1 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 10+ SMFG India Credit employees in India.

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

The estimated take-home salary of a Software Engineer at SMFG India Credit in Mumbai typically ranges from ₹59,384 to ₹60,884 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹13.1 Lakhs per year for employees with experience ranging from 1 year to 5 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 Software Engineer in India?

Tata Motors Finance

₹7.2 Lakhs to ₹34.0 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 Engineer in companies similar to SMFG India Credit in Mumbai?

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

Mahindra Finance	₹4.0 Lakhs to ₹7.8 Lakhs per year
Aditya Birla Finance	₹5.4 Lakhs to ₹9.3 Lakhs per year
L&T Finance	₹4.2 Lakhs to ₹7.8 Lakhs per year
HDB Financial Services	₹2.0 Lakhs to ₹6.0 Lakhs per year
Shriram Finance	₹3.3 Lakhs to ₹5.0 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 Software Engineer at SMFG India Credit in Mumbai?

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

Experience	Average Salary Range
1 year	₹4.9 Lakhs to ₹6.3 Lakhs per year
2 years	₹2.7 Lakhs to ₹11.4 Lakhs per year
3 years	₹2.7 Lakhs to ₹13.0 Lakhs per year
4 years	₹7.2 Lakhs to ₹9.3 Lakhs per year

and so on.

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SMFG India Credit Software Engineer Salaries in Mumbai

SMFG India Credit Software Engineer salary in Mumbai ranges between ₹5.5 Lakhs to ₹13.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 SMFG India Credit latest salaries received from various employees of SMFG India Credit.