SMFG India Credit New Delhi State Head Salaries by 7 Employees (Updated 2025)

16 - 22 years exp.

₹15.1 Lakhs - ₹27.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% more than the average State Head Salary in NBFC Companies for 16 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Head Salary 16 - 22 years exp. (5 salaries)	₹15.1 L/yr - ₹27.1 L/yr
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Risk Management & Compliance State Head Salary 17 - 20 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹21 L/yr

Last Updated: 3 Jan 2025

Companies similar to SMFG India Credit for State Head in New Delhi

SMFG India Credit State Head Salary

16 - 22 years exp. (7 salaries)

₹15.1 L/yr - ₹27.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Motors Finance State Head Salary 9 - 19 years exp. (3 salaries)	₹7 L/yr - ₹16 L/yr 23% less
IDFC FIRST Bank State Head Salary 5 - 18 years exp. (42 salaries)	₹7.4 L/yr - ₹25 L/yr 20% less
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Reliance Retail State Head Salary 13 - 25 years exp. (12 salaries)	₹16.6 L/yr - ₹29.2 L/yr 26% more
Paytm State Head Salary 10 - 17 years exp. (11 salaries)	₹10 L/yr - ₹27.5 L/yr 7% less	1 job opening
PhonePe State Head Salary 2 - 13 years exp. (10 salaries)	₹17 L/yr - ₹29 L/yr 17% more	2 job openings

State Head salary at SMFG India Credit ranges between ₹15.1 Lakhs to ₹27.1 Lakhs per year for employees with experience between 16 years to 22 years. Salary estimates are based on 7 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit State Head salaries in New Delhi

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
15+ years (7 salaries)	₹15.1 L/yr - ₹27.1 L/yr
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Similar Designation salaries in SMFG India Credit

Team Lead Salary

(3 salaries)

₹2.75 L/yr - ₹5.75 L/yr

Cluster Manager Salary

(3 salaries)

₹11 L/yr - ₹12.2 L/yr

Branch Manager Salary

(3 salaries)

₹10 L/yr - ₹12.89 L/yr

Salary related reviews for SMFG India Credit

5.0

Rated by 2 employees for salary & benefits

Sales Manager in Kadapa

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

Salary - Excellent

+6 more

Dislikes

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

Sales Manager in Chhindwara

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.

Sales Manager in Jorhat

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.

Salary - Excellent

+4 more

Dislikes

Poor customer service &high interest rate

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.

Sales Manager in Hyderabad / Secunderabad

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.

Skill development - Bad

+1 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 State Head Salary FAQs

What is the salary of State Head at SMFG India Credit in New Delhi?

The average salary of a State Head at SMFG India Credit in New Delhi typically ranges from ₹15.1 Lakhs to ₹27.1 Lakhs per year, depending on experience (from 16 years to 22 years).

The top 10% of State Head in New Delhi at SMFG India Credit earn more than ₹27.1 Lakhs per year, and the top 1% earn over ₹27.1 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 7 SMFG India Credit employees in India.

What is the estimated take home salary of a State Head at SMFG India Credit in New Delhi?

The estimated take-home salary of a State Head at SMFG India Credit in New Delhi typically ranges from ₹1,30,185 to ₹1,34,798 per month. This is based on the average salary range of ₹15.1 Lakhs to ₹27.1 Lakhs per year for employees with experience ranging from 16 years to 22 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 7 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 State Head in India?

Reliance Retail	₹16.6 Lakhs to ₹29.2 Lakhs per year
PhonePe	₹17.0 Lakhs to ₹29.0 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 State Head in companies similar to SMFG India Credit in New Delhi?

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

Paytm	₹10.0 Lakhs to ₹27.5 Lakhs per year
IDFC FIRST Bank	₹7.4 Lakhs to ₹25.0 Lakhs per year
Tata Motors Finance	₹7.0 Lakhs to ₹16.0 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 State Head at SMFG India Credit in New Delhi?

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

Experience	Average Salary Range
15 years	₹15.1 Lakhs to ₹27.1 Lakhs per year

and so on.

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SMFG India Credit State Head Salaries in New Delhi

SMFG India Credit State Head salary in New Delhi ranges between ₹15.1 Lakhs to ₹27.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SMFG India Credit latest salaries received from various employees of SMFG India Credit.