SMFG India Credit State Credit Manager Salaries by 20+ Employees (Updated 2025)

12 - 19 years exp.

₹9 Lakhs - ₹24.5 Lakhs

Salary of majority employees

13% more than the average State Credit Manager Salary in NBFC Companies for 12 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading State Credit Manager Salary 12 - 19 years exp. (15 salaries)	₹10 L/yr - ₹24.5 L/yr
Finance & Accounting State Credit Manager Salary 16 - 19 years exp. (3 salaries)	₹16.6 L/yr - ₹22.5 L/yr
Login to view exact salary
Risk Management & Compliance State Credit Manager Salary 15 - 18 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹19.6 L/yr

Last Updated: 13 Feb 2025

Companies similar to SMFG India Credit for State Credit Manager

Company name	Avg Annual Salary	Open Jobs
IIFL SAMASTA State Credit Manager Salary 9 - 19 years exp. (6 salaries)	₹12.3 L/yr - ₹15 L/yr 17% less
Muthoot Fincorp State Credit Manager Salary 9 - 16 years exp. (6 salaries)	₹11 L/yr - ₹20 L/yr 5% less
Login to view exact salary
Tata Motors Finance State Credit Manager Salary 9 - 14 years exp. (6 salaries)	₹7.4 L/yr - ₹20 L/yr 28% less
IIFL Finance State Credit Manager Salary 11 - 25 years exp. (4 salaries)	₹15 L/yr - ₹16.5 L/yr 8% less
Satin Creditcare Network State Credit Manager Salary 7 - 10 years exp. (4 salaries)	₹6 L/yr - ₹7.5 L/yr 60% less
Fusion Microfinance State Credit Manager Salary 9 - 14 years exp. (4 salaries)	₹11 L/yr - ₹14.5 L/yr 26% less
SK Finance Limited State Credit Manager Salary 10 - 15 years exp. (4 salaries)	₹15.4 L/yr - ₹17 L/yr 5% less
Annapurna Finance State Credit Manager Salary 8 - 15 years exp. (4 salaries)	₹9.1 L/yr - ₹16 L/yr 27% less

State Credit Manager salary at SMFG India Credit ranges between ₹9 Lakhs to ₹24.5 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 27 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit State Credit Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹13 L/yr - ₹22.1 L/yr
13 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹23.5 L/yr
Login to view exact salary
14 years (3 salaries)	₹11.8 L/yr - ₹22 L/yr
15+ years (20 salaries)	₹9 L/yr - ₹24.5 L/yr

Similar Designation salaries in SMFG India Credit

Area Credit Manager Salary

(41 salaries)

₹6 L/yr - ₹23.73 L/yr

Branch Credit Manager Salary

(146 salaries)

₹1.85 L/yr - ₹9.25 L/yr

Zonal Credit Manager Salary

(3 salaries)

₹28.8 L/yr - ₹38.2 L/yr

Cluster Credit Manager Salary

(53 salaries)

₹4.6 L/yr - ₹18.5 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Credit Manager Salary

(342 salaries)

₹2.35 L/yr - ₹10.9 L/yr

Assistant Credit Manager Salary

(4 salaries)

₹2.2 L/yr - ₹3 L/yr

Regional Credit Manager Salary

(14 salaries)

₹21 L/yr - ₹40 L/yr

Senior Credit Officer Salary

(11 salaries)

₹1.43 L/yr - ₹3 L/yr

Relationship Manager Salary

(326 salaries)

₹2.35 L/yr - ₹6.6 L/yr

Top skills at SMFG India Credit for State Credit Manager

Credit Management Home Loans Lap Underwriting mortgage Team Handling Credit Risk Team Management Credit Underwriting Credit Risk Analysis Credit Control Credit Evaluation Credit Management

Salary related reviews for SMFG India Credit

3.8

Rated by 7 employees for salary & benefits

Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 24 Mar 2023

5.0

for Salary and Benefits

Likes

I am very happy from this this company People Management, Working Pattern, Salary & Perks, Work Life Balance except other things like Learning & Development, Motivational Thoughts.

Salary - Excellent

+4 more

Dislikes

Learning & Development, Next Level (Promotion).

Skill development - Poor

+1 more

Credit Manager in Wani

BFSI, Investments & Trading Department

5.0

• posted on 04 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Because of my health I am not able to continue working on the field and from me company work not complete on time so I have leave from Fullerton

Relationship Manager in South Karnataka

Customer Success, Service & Operations Department

4.0

• posted on 23 Jul 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

...ot okThere is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Officer in Pune

BFSI, Investments & Trading Department

5.0

• posted on 31 Jul 2021

5.0

for Salary and Benefits

Likes

If you work hard then You can get anything in this org. like growth, opportunity, salary. & today i happy to share because i have worked here & it's very useful for my growth.

Salary - Excellent

+6 more

Dislikes

But here no timing limit for work.......

Credit Executive in Hyderabad / Secunderabad

Finance & Accounting Department

5.0

• posted on 11 Jan 2021

5.0

for Salary and Benefits

Likes

My work places and my mangers and company it's to good covid lockdown Schiwation also is provided salary am very provided in company employment thank you Fullerton India company ltd

Salary - Excellent

+5 more

Dislikes

Work places not good it's not adjusted setting thear..

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 State Credit Manager Salary FAQs

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

The average salary of a State Credit Manager at SMFG India Credit in India typically ranges from ₹9.0 Lakhs to ₹24.5 Lakhs per year, depending on experience (from 12 years to 19 years).

The top 10% of State Credit Manager at SMFG India Credit earn more than ₹22.4 Lakhs per year, and the top 1% earn over ₹24.5 Lakhs per year. State Credit Manager 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 State Credit Manager at SMFG India Credit in India?

The estimated take-home salary of a State Credit Manager at SMFG India Credit in India typically ranges from ₹1,15,194 to ₹1,18,407 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹24.5 Lakhs per year for employees with experience ranging from 12 years to 19 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.

What are the key skills required to be a State Credit Manager at SMFG India Credit ?

To be a State Credit Manager at SMFG India Credit in india, the key skills required include:

- Credit Management
- Home Loans
- Lap
- Underwriting
- mortgage

These skills are highly valued at SMFG India Credit and are crucial for successful performance in a Software Engineering role.

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

The salary of a State Credit Manager 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 Fincorp	₹11.0 Lakhs to ₹20.0 Lakhs per year
SK Finance Limited	₹15.4 Lakhs to ₹17.0 Lakhs per year
IIFL Finance	₹15.0 Lakhs to ₹16.5 Lakhs per year
IIFL SAMASTA	₹12.3 Lakhs to ₹15.0 Lakhs per year
Fusion Microfinance	₹11.0 Lakhs to ₹14.5 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 State Credit Manager at SMFG India Credit in India?

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

Experience	Average Salary Range
12 years	₹13.0 Lakhs to ₹22.1 Lakhs per year
13 years	₹9.6 Lakhs to ₹23.5 Lakhs per year
14 years	₹11.8 Lakhs to ₹22.0 Lakhs per year
15 years	₹9.0 Lakhs to ₹24.5 Lakhs per year

and so on.

Tell us how to improve this page.

SMFG India Credit State Credit Manager Salaries by Location

Home >
Salaries >
SMFG India Credit Salaries >
SMFG India Credit State Credit Manager Salaries

SMFG India Credit State Credit Manager salary in India ranges between ₹9 Lakhs to ₹24.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 SMFG India Credit latest salaries received from various employees of SMFG India Credit.