Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary20% more than the average State Head Salary in NBFC Companies for 12 - 23 years of experience
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Salaries in different departments
BFSI, Investments & Trading
State Head Salary
15 - 22
years
exp.
(8
salaries)
|  ₹12 L/yr - ₹27.1 L/yr |
Sales & Business Development
State Head Salary
15 - 21
years
exp.
(6
salaries)
| ₹15.6 L/yr - ₹28.2 L/yr |
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| |
Risk Management & Compliance
State Head Salary
17 - 20
years
exp.
(AmbitionBox Estimate)
| ₹18.2 L/yr - ₹21 L/yr |
Companies similar to SMFG India Credit for State Head
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Motors Finance State Head Salary
8 - 23 years exp. (28 salaries) | ₹6.7 L/yr - ₹24 L/yr 
18%
less | |
 Shriram Finance State Head Salary
11 - 27 years exp. (14 salaries) | ₹8 L/yr - ₹29 L/yr 
2%
more | |
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| ||
 IIFL SAMASTA State Head Salary
9 - 21 years exp. (9 salaries) | ₹9.5 L/yr - ₹19.8 L/yr
20%
less | |
 Bharat Financial Inclusion State Head Salary
5 - 18 years exp. (9 salaries) | ₹10.2 L/yr - ₹26.9 L/yr
3%
less | |
 Annapurna Finance State Head Salary
9 - 14 years exp. (7 salaries) | ₹8.3 L/yr - ₹17.5 L/yr
20%
less | |
 Muthoot Fincorp State Head Salary
12 - 19 years exp. (6 salaries) | ₹10.4 L/yr - ₹20.5 L/yr
16%
less | |
 Svatantra Microfin State Head Salary
13 - 19 years exp. (6 salaries) | ₹21 L/yr - ₹25 L/yr
20%
more | |
 Aye Finance State Head Salary
11 - 16 years exp. (6 salaries) | ₹6.5 L/yr - ₹12 L/yr
49%
less | 3 job openings |
 Mahindra Rural Housing Finance State Head Salary
10 - 22 years exp. (6 salaries) | ₹11 L/yr - ₹23 L/yr
5%
more | |
 TVS Credit State Head Salary
7 - 21 years exp. (7 salaries) | ₹9 L/yr - ₹16.3 L/yr
42%
less | |
 Muthoot Finance State Head Salary
15 - 20 years exp. (6 salaries) | ₹12 L/yr - ₹20 L/yr
11%
less | |
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| ||
 IIFL Finance State Head Salary
7 - 13 years exp. (5 salaries) | ₹12 L/yr - ₹13.5 L/yr
29%
less | |
 Manappuram Finance State Head Salary
15 - 20 years exp. (5 salaries) | ₹13.2 L/yr - ₹15 L/yr
27%
less | |
 CreditAccess Grameen State Head Salary
13 - 16 years exp. (5 salaries) | ₹19.5 L/yr - ₹31 L/yr
26%
more | |
 Bajaj Finance State Head Salary
12 - 14 years exp. (5 salaries) | ₹16.6 L/yr - ₹23.5 L/yr
2%
more | |
 HDB Financial Services State Head Salary
8 - 20 years exp. (5 salaries) | ₹11.7 L/yr - ₹25 L/yr
24%
less | |
 Satin Finserv State Head Salary
17 - 19 years exp. (5 salaries) | ₹9.3 L/yr - ₹11 L/yr
44%
less | |
 Mahindra Finance State Head Salary
14 - 17 years exp. (4 salaries) | ₹13.8 L/yr - ₹15.5 L/yr
26%
less | |
 Home Credit Finance State Head Salary
5 - 7 years exp. (4 salaries) | ₹8.4 L/yr - ₹13.8 L/yr
29%
less | |
 L&T Finance State Head Salary
9 - 21 years exp. (4 salaries) | ₹8.5 L/yr - ₹25 L/yr
4%
less | |
Latest annual salaries shared by SMFG India Credit State Head
Experience wise SMFG India Credit State Head salaries
Last Updated: 14 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 12 years (AmbitionBox Estimate) |
₹13
L/yr
- ₹34.4
L/yr
|
| 13 years (AmbitionBox Estimate) |
₹15.5
L/yr
- ₹34.4
L/yr
|
Login to view exact salary
| |
| 14 years (AmbitionBox Estimate) |
₹17.2
L/yr
- ₹21.9
L/yr
|
| 15+ years (21 salaries) |
₹11.5
L/yr
- ₹28.2
L/yr
|
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SMFG India Credit State Head Salary FAQs
The top 10% of State Head at SMFG India Credit earn more than ₹27.1 Lakhs per year, and the top 1% earn over ₹28.2 Lakhs per year. State Head 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.
| Spandana Sphoorty Financial | ₹25.0 Lakhs to ₹30.0 Lakhs per year |
| CreditAccess Grameen | ₹19.5 Lakhs to ₹31.0 Lakhs per year |
| Svatantra Microfin | ₹21.0 Lakhs to ₹25.0 Lakhs per year |
| Mahindra Rural Housing Finance | ₹11.0 Lakhs to ₹23.0 Lakhs per year |
| Bajaj Finance | ₹16.6 Lakhs to ₹23.5 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.
| Shriram Finance | ₹8.0 Lakhs to ₹29.0 Lakhs per year |
| Bharat Financial Inclusion | ₹10.2 Lakhs to ₹26.9 Lakhs per year |
| L&T Finance | ₹8.5 Lakhs to ₹25.0 Lakhs per year |
| Muthoot Finance | ₹12.0 Lakhs to ₹20.0 Lakhs per year |
| Muthoot Fincorp | ₹10.4 Lakhs to ₹20.5 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.
| Experience | Average Salary Range |
|---|---|
| 12 years | ₹13.0 Lakhs to ₹34.4 Lakhs per year |
| 13 years | ₹15.5 Lakhs to ₹34.4 Lakhs per year |
| 14 years | ₹17.2 Lakhs to ₹21.9 Lakhs per year |
| 15 years | ₹11.5 Lakhs to ₹28.2 Lakhs per year |
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SMFG India Credit State Head Salaries by Location
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SMFG India Credit State Head salary
in
India
ranges between ₹11.5
Lakhs to ₹28.2
Lakhs with an average annual salary of
₹. Salary estimates are based on
23
SMFG India Credit latest salaries received from various employees of
SMFG India Credit.