SMFG India Credit State Collection Manager Salaries by 30+ Employees (Updated 2025)

13 - 22 years exp.

₹9.3 Lakhs - ₹26.7 Lakhs

Salary of majority employees

At par with the average State Collection Manager Salary in NBFC Companies for 13 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Collection Manager Salary 13 - 22 years exp. (21 salaries)	₹10.8 L/yr - ₹23 L/yr
Finance & Accounting State Collection Manager Salary 14 - 21 years exp. (7 salaries)	₹13 L/yr - ₹19.7 L/yr
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Customer Success, Service & Operations State Collection Manager Salary 17 - 21 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹15 L/yr
Legal & Regulatory State Collection Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹14.9 L/yr

Last Updated: 29 Jan 2025

Companies similar to SMFG India Credit for State Collection Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance State Collection Manager Salary 13 - 17 years exp. (6 salaries)	₹10 L/yr - ₹15 L/yr 17% less
L&T Finance State Collection Manager Salary 8 - 15 years exp. (3 salaries)	₹10.5 L/yr - ₹20 L/yr 9% less
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Tata Motors Finance State Collection Manager Salary 9 - 15 years exp. (5 salaries)	₹10.8 L/yr - ₹17 L/yr 12% less
IIFL SAMASTA State Collection Manager Salary 1 - 12 years exp. (4 salaries)	₹3.2 L/yr - ₹8.1 L/yr 62% less
Muthoot Fincorp State Collection Manager Salary 7 - 18 years exp. (4 salaries)	₹5.1 L/yr - ₹12.8 L/yr 40% less
HDB Financial Services State Collection Manager Salary 12 - 14 years exp. (3 salaries)	₹12.1 L/yr - ₹15.4 L/yr 11% less

State Collection Manager salary at SMFG India Credit ranges between ₹9.3 Lakhs to ₹26.7 Lakhs per year for employees with experience between 13 years to 22 years. Salary estimates are based on 39 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit State Collection Manager salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
13 years (3 salaries)	₹10.8 L/yr - ₹18.5 L/yr
14 years (5 salaries)	₹10.8 L/yr - ₹19 L/yr
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15+ years (31 salaries)	₹9.3 L/yr - ₹26.7 L/yr

Similar Designation salaries in SMFG India Credit

Area Collection Manager Salary

(22 salaries)

₹3.1 L/yr - ₹9.26 L/yr

Branch Collection Manager Salary

(35 salaries)

₹2.1 L/yr - ₹5.48 L/yr

Zonal Collection Manager Salary

(6 salaries)

₹13.95 L/yr - ₹44 L/yr

Collections Manager Salary

(192 salaries)

₹2.15 L/yr - ₹8.1 L/yr

Regional Collection Manager Salary

(6 salaries)

₹16 L/yr - ₹28.3 L/yr

Territory Collection Manager Salary

(50 salaries)

₹4.75 L/yr - ₹10.5 L/yr

Senior Collection Officer Salary

(5 salaries)

₹1.9 L/yr - ₹5 L/yr

Collection Officer Salary

(99 salaries)

₹0.95 L/yr - ₹4.5 L/yr

Recovery Manager Salary

(10 salaries)

₹2.5 L/yr - ₹5 L/yr

Cluster Manager Salary

(72 salaries)

₹5 L/yr - ₹20.99 L/yr

Top skills at SMFG India Credit for State Collection Manager

Collection Management Recovery Recovery Management mortgage Collections Lap Mortgage Loans Flow Debt Management Debt Collection Debt Recovery Debt Recovery Commercial Vehicle Loans Delinquency Management

Salary related reviews for SMFG India Credit

3.9

Rated by 9 employees for salary & benefits

Collection Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 29 Sep 2023

5.0

for Salary and Benefits

Likes

I am happy with working pattern like a home, salary,perks is heigher from a standards MNC . I had given 💯 percentage from our end.

Salary - Excellent

+3 more

Dislikes

Some time learning and promotion things not meet accordance to me. Overall some time happy rather not satisfied.

Promotions - Poor

Territory Collection Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 12 Sep 2023

4.0

for Salary and Benefits

Likes

The salary package & the incentives paid is good.

Salary - Good

Dislikes

Time management, not understanding employee needed during various situation & not handling the employees softly & clearing customers issues, not done till date.

Skill development - Poor

+3 more

Collection Officer in Lalgudi

Full Time

Collection department Department

4.0

• posted on 15 Nov 2022

5.0

for Salary and Benefits

Likes

...rs are very selfish and cannot think about team members life. So I disappointed. But company salary and incentives are very attractive.

Salary - Excellent

+2 more

Dislikes

Team members have lot of problems due to partiality and politics

Job security - Poor

Area Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

..., Learning Various Products and Policy. Good Friendly Natural of Company Senior. Best Pay Scale in industry.

Salary - Excellent

+6 more

Dislikes

Only system issues and software not working properly. IT issue.

Agency Manager in Kapadvanj

BFSI, Investments & Trading Department

2.0

• posted on 10 Dec 2021

5.0

for Salary and Benefits

Likes

Good supports from local siniors ,Good incetives.

Salary - Excellent

Dislikes

Provide higer salary and grade to New recruited employee instade existing and vintage employee however had more efficient and more experienced.Internal politics by state heads.If ur perfomer good skills to hendling team didnt get proper reward.However company & Hr is verry good

Skill development - Poor

+4 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SMFG India Credit State Collection Manager Salary FAQs

What is the salary of State Collection Manager at SMFG India Credit?

State Collection Manager salary at SMFG India Credit in India ranges between ₹9.3 Lakhs to ₹26.7 Lakhs for experience between 13 years to 22 years. According to our estimates it is 4% more than the average State Collection Manager Salary in India. Salary estimates are based on 39 latest salaries received from various employees of SMFG India Credit India.

How does the salary of a State Collection Manager at SMFG India Credit India compare with the average salary range for this job?

The average salary of a State Collection Manager at SMFG India Credit is 4% more than the average salary of a State Collection Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a State Collection Manager at SMFG India Credit?

Collection Management, Recovery, Recovery Management, mortgage and Collections are some of the popular skills required to work as a State Collection Manager at SMFG India Credit India.

What is the salary of a State Collection Manager in companies similar to SMFG India Credit in India?

L&T Finance State Collection Manager Salary - ₹10.5 Lakhs to ₹20.0 Lakhs per year
HDB Financial Services State Collection Manager Salary - ₹12.1 Lakhs to ₹15.4 Lakhs per year
Tata Motors Finance State Collection Manager Salary - ₹10.8 Lakhs to ₹17.0 Lakhs per year
Shriram Finance State Collection Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
Muthoot Fincorp State Collection Manager Salary - ₹5.1 Lakhs to ₹12.8 Lakhs per year

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

The estimated take-home salary of a State Collection Manager at SMFG India Credit ranges between ₹1,09,880 per month to ₹1,12,920 per month in India. The take-home salary calculation is based on the average SMFG India Credit State Collection Manager salary in India which ranges between ₹9.3 Lakhs to ₹26.7 Lakhs per year for employees with experience between 13 years to 22 years. Check how did we calculate take home salary?

What is the notice period for State Collection Manager at SMFG India Credit?

According to AmbitionBox, 97% of the SMFG India Credit State Collection Managers reported a notice period of 3 Months, 3% reported a notice period of 2 Months.This is based on 30 responses on AmbitionBox in last 2 years.

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SMFG India Credit State Collection Manager Salaries

SMFG India Credit State Collection Manager salary in India ranges between ₹9.3 Lakhs to ₹26.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 SMFG India Credit latest salaries received from various employees of SMFG India Credit.