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SMFG India Credit State Head salaries in India (Updated 2025)

Annual salary range
12 - 23 years exp.
₹11.5 Lakhs - ₹28.2 Lakhs
Salary of majority employees
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20% 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)
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₹12 L/yr - ₹27.1 L/yr

Sales & Business Development
State Head Salary
15 - 21 years exp. (6 salaries)
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₹15.6 L/yr - ₹28.2 L/yr

Risk Management & Compliance
State Head Salary
17 - 20 years exp. (AmbitionBox Estimate)
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₹18.8 L/yr - ₹21 L/yr

Last Updated: 23 Feb 2025

Companies similar to SMFG India Credit for State Head

Company name Avg Annual Salary Open Jobs
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Bajaj Finance State Head Salary

12 - 14 years exp. (5 salaries)

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₹16.6 L/yr - ₹23.5 L/yr

arrow icon 2% more
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HDFC Bank State Head Salary

10 - 18 years exp. (22 salaries)

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₹9 L/yr - ₹32 L/yr

arrow icon 3% less
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ICICI Bank State Head Salary

1 - 18 years exp. (6 salaries)

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₹12 L/yr - ₹25 L/yr

arrow icon 11% more
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Tata Capital State Head Salary

11 - 23 years exp. (19 salaries)

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₹8 L/yr - ₹25 L/yr

arrow icon 8% less
1 job opening
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Aditya Birla Capital State Head Salary

9 - 12 years exp. (4 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 39% less
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Mahindra Finance State Head Salary

14 - 17 years exp. (4 salaries)

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₹13.8 L/yr - ₹15.5 L/yr

arrow icon 27% less
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Shriram Finance State Head Salary

11 - 27 years exp. (14 salaries)

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₹8 L/yr - ₹29 L/yr

arrow icon 1% more
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L&T Finance State Head Salary

9 - 21 years exp. (4 salaries)

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₹8.5 L/yr - ₹25 L/yr

arrow icon 4% less
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Edelweiss State Head Salary

15 - 17 years exp. (4 salaries)

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₹10.3 L/yr - ₹13 L/yr

arrow icon 37% less
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Tata Motors Finance State Head Salary

8 - 23 years exp. (28 salaries)

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₹6.7 L/yr - ₹24 L/yr

arrow icon 18% less
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IIFL SAMASTA State Head Salary

9 - 21 years exp. (9 salaries)

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₹9.5 L/yr - ₹19.8 L/yr

arrow icon 21% less
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Bharat Financial Inclusion State Head Salary

5 - 18 years exp. (9 salaries)

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₹10.2 L/yr - ₹26.9 L/yr

arrow icon 3% less
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Muthoot Fincorp State Head Salary

12 - 19 years exp. (6 salaries)

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₹10.4 L/yr - ₹20.5 L/yr

arrow icon 17% less
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Aye Finance State Head Salary

11 - 16 years exp. (6 salaries)

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₹6.5 L/yr - ₹12 L/yr

arrow icon 49% less
3 job openings
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₹11 L/yr - ₹23 L/yr

arrow icon 5% more
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TVS Credit State Head Salary

7 - 21 years exp. (6 salaries)

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₹9 L/yr - ₹16.3 L/yr

arrow icon 41% less
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Muthoot Finance State Head Salary

15 - 20 years exp. (6 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 12% less
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IIFL Finance State Head Salary

7 - 13 years exp. (5 salaries)

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₹12 L/yr - ₹13.5 L/yr

arrow icon 30% less
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Manappuram Finance State Head Salary

15 - 20 years exp. (5 salaries)

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₹13.2 L/yr - ₹15 L/yr

arrow icon 28% less
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CreditAccess Grameen State Head Salary

13 - 16 years exp. (5 salaries)

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₹19.5 L/yr - ₹31 L/yr

arrow icon 26% more
View all
State Head salary at SMFG India Credit ranges between ₹11.5 Lakhs to ₹28.2 Lakhs per year for employees with experience between 12 years to 23 years. Salary estimates are based on 23 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit State Head

2w ago
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23 years exp.
1mo ago
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21 years exp.
1mo ago
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15 years exp.
2mo ago
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18 years exp.
4mo ago
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20 years exp.
6mo ago
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20 years exp.
7mo ago
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13 years exp.
8mo ago
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15 years exp.
8mo ago
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22 years exp.
1y ago
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12 years exp.

Experience wise SMFG India Credit State Head salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹13 L/yr - ₹34.4 L/yr
13 years (AmbitionBox Estimate)

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₹15.5 L/yr - ₹34.4 L/yr
14 years (AmbitionBox Estimate)

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₹17.2 L/yr - ₹22 L/yr
15+ years  (21 salaries)

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₹11.5 L/yr - ₹28.2 L/yr

Similar Designation salaries in SMFG India Credit

Team Lead Salary
(40 salaries)
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₹2.3 L/yr - ₹6.2 L/yr
Sales Manager Salary
(224 salaries)
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₹1.8 L/yr - ₹10 L/yr
Sales Officer Salary
(78 salaries)
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₹1.2 L/yr - ₹4.5 L/yr
Sales Executive Salary
(88 salaries)
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₹1.3 L/yr - ₹4 L/yr
Branch Manager Salary
(178 salaries)
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₹3.82 L/yr - ₹15 L/yr
Area Manager Salary
(10 salaries)
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₹9.1 L/yr - ₹16.93 L/yr
Cluster Manager Salary
(72 salaries)
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₹5 L/yr - ₹20.99 L/yr
Deputy Manager Salary
(6 salaries)
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₹3.85 L/yr - ₹7.43 L/yr
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₹6.03 L/yr - ₹26.24 L/yr
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₹11.8 L/yr - ₹23.4 L/yr
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Salary related reviews for SMFG India Credit

4.5

Rated by 4 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Mar 2024

5.0
 for  Salary and Benefits

Likes

I'm happy to work with SMFG company this company is excellent for every employee good salary very good incentives and also good growth 📈 working here thanks to big opportunity for me SMFG india credit

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing dislike this company it's a very good company more than other NBFC companies

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Mar 2023

3.0
 for  Salary and Benefits

Likes

There are many products here from which we get a lot of knowledge

  • Skill development - Excellent
  • +5 more

Dislikes

The salary that should have been received according to the work was not known! When the full salary was not received even after completing the achievement goal.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 31 May 2022

5.0
 for  Salary and Benefits

Likes

...'s worst to selling product due to high interest rate and poor customer service. Other hand, Employees are getting good salary and other benefits.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Poor customer service &high interest rate

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 16 Sep 2023

4.0
 for  Salary and Benefits

Likes

Nice company.work condition is good. Get good insentive. Hear work and family can manage easily time manage.

  • Salary - Good
  • +2 more

Dislikes

...policy. Company hold the old staff. they can't support new join . No pramotions. They not pay TA DA expenses properly.

read more
  • Skill development - Bad
  • +1 more
see more salary related reviews

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SMFG India Credit State Head Salary FAQs

What is the salary of State Head at SMFG India Credit?
State Head salary at SMFG India Credit in India ranges between ₹11.5 Lakhs to ₹28.2 Lakhs for experience between 12 years to 23 years. According to our estimates it is 20% more than the average State Head Salary in India. Salary estimates are based on 23 latest salaries received from various employees of SMFG India Credit India.
How does the salary of a State Head at SMFG India Credit India compare with the average salary range for this job?
The average salary of a State Head at SMFG India Credit is 20% more than the average salary of a State Head in India. To know exact salary insights, login to view.
Which similar companies are paying more than SMFG India Credit to a State Head in India?
  • Spandana Sphoorty Financial State Head Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
  • CreditAccess Grameen State Head Salary - ₹19.5 Lakhs to ₹31.0 Lakhs per year
  • ICICI Bank State Head Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
  • Mahindra Rural Housing Finance State Head Salary - ₹11.0 Lakhs to ₹23.0 Lakhs per year
  • Bajaj Finance State Head Salary - ₹16.6 Lakhs to ₹23.5 Lakhs per year
What is the salary of a State Head in companies similar to SMFG India Credit in India?
  • Shriram Finance State Head Salary - ₹8.0 Lakhs to ₹29.0 Lakhs per year
  • Bharat Financial Inclusion State Head Salary - ₹10.2 Lakhs to ₹26.9 Lakhs per year
  • HDFC Bank State Head Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
  • L&T Finance State Head Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
  • Tata Capital State Head Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
What is the estimated take home salary of a State Head at SMFG India Credit in India?
The estimated take-home salary of a State Head at SMFG India Credit ranges between ₹1,26,912 per month to ₹1,31,089 per month in India. The take-home salary calculation is based on the average SMFG India Credit State Head salary in India which ranges between ₹11.5 Lakhs to ₹28.2 Lakhs per year for employees with experience between 12 years to 23 years. Check how did we calculate take home salary?
What is the notice period for State Head at SMFG India Credit?
According to AmbitionBox, 93% of the SMFG India Credit State Heads reported a notice period of 3 Months, 7% reported a notice period of 1 Month.This is based on 15 responses on AmbitionBox in last 2 years.

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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 ₹unlock blur. Salary estimates are based on 23 SMFG India Credit latest salaries received from various employees of SMFG India Credit.

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