SMFG India Credit State Manager Salaries by 10+ Employees (Updated 2025)

9 - 17 years exp.

₹10.6 Lakhs - ₹25 Lakhs

Salary of majority employees

23% more than the average State Manager Salary in NBFC Companies for 9 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Manager Salary 10 - 15 years exp. (3 salaries)	₹10.6 L/yr - ₹16.7 L/yr
Sales & Business Development State Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.8 L/yr
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Risk Management & Compliance State Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹12.5 L/yr - ₹16.8 L/yr

Last Updated: 20 Feb 2025

Companies similar to SMFG India Credit for State Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank State Manager Salary 4 - 9 years exp. (5 salaries)	₹7.2 L/yr - ₹13.3 L/yr 35% less
L&T Finance State Manager Salary 7 - 10 years exp. (5 salaries)	₹8 L/yr - ₹13.5 L/yr 34% less
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BlackBuck State Manager Salary 1 - 10 years exp. (24 salaries)	₹3.2 L/yr - ₹4.8 L/yr 71% less
Smith & Nephew Healthcare State Manager Salary 11 - 19 years exp. (19 salaries)	₹12.5 L/yr - ₹19 L/yr 15% more
IDFC FIRST Bank State Manager Salary 8 - 20 years exp. (14 salaries)	₹7.1 L/yr - ₹20 L/yr 13% less

State Manager salary at SMFG India Credit ranges between ₹10.6 Lakhs to ₹25 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 12 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit State Manager salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹24 L/yr
10 years (3 salaries)	₹10.6 L/yr - ₹15.2 L/yr
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11 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹25.4 L/yr
12 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹26.1 L/yr
13 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
14 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
15+ years (5 salaries)	₹12.5 L/yr - ₹25 L/yr

View all

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Top skills at SMFG India Credit for State Manager

Pharmacovigilance mortgage Circuit Designing Lap Mortgage Loans Sales FCU housing loan Risk Control Laptop

Salary related reviews for SMFG India Credit

3.0

Rated by 1 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

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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SMFG India Credit State Manager Salary FAQs

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

The average salary of a State Manager at SMFG India Credit in India typically ranges from ₹10.6 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of State Manager at SMFG India Credit earn more than ₹21.5 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. State 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 10+ SMFG India Credit employees in India.

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

The estimated take-home salary of a State Manager at SMFG India Credit in India typically ranges from ₹1,00,594 to ₹1,03,334 per month. This is based on the average salary range of ₹10.6 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 9 years to 17 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 10+ 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 Manager at SMFG India Credit ?

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

- Pharmacovigilance
- mortgage
- Circuit Designing
- Lap
- Mortgage Loans

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

Which companies offer higher salaries than SMFG India Credit for State Manager in India?

Smith & Nephew Healthcare

₹12.5 Lakhs to ₹19.0 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 Manager in companies similar to SMFG India Credit in India?

The salary of a State 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:

IDFC FIRST Bank	₹7.1 Lakhs to ₹20.0 Lakhs per year
L&T Finance	₹8.0 Lakhs to ₹13.5 Lakhs per year
HDFC Bank	₹7.2 Lakhs to ₹13.3 Lakhs per year
BlackBuck	₹3.2 Lakhs to ₹4.8 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 Manager at SMFG India Credit in India?

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

Experience	Average Salary Range
9 years	₹12.5 Lakhs to ₹24.0 Lakhs per year
10 years	₹10.6 Lakhs to ₹15.2 Lakhs per year
11 years	₹12.7 Lakhs to ₹25.4 Lakhs per year
12 years	₹10.6 Lakhs to ₹26.1 Lakhs per year

and so on.

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SMFG India Credit State Manager Salaries

SMFG India Credit State Manager salary in India ranges between ₹10.6 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 SMFG India Credit latest salaries received from various employees of SMFG India Credit.