SMFG India Credit State Training Manager Salaries by 5 Employees (Updated 2025)

10 - 11 years exp.

₹7.7 Lakhs - ₹13 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

10% less than the average State Training Manager Salary in NBFC Companies for 10 - 11 years of experience

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Salaries in different departments

Teaching & Training State Training Manager Salary 10 - 11 years exp. (4 salaries)	₹6.9 L/yr - ₹8.4 L/yr
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Human Resources State Training Manager Salary 11 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 14 Mar 2025

Companies similar to SMFG India Credit for State Training Manager

Company name	Avg Annual Salary	Open Jobs
IIFL SAMASTA State Training Manager Salary 8 - 16 years exp. (7 salaries)	₹6.4 L/yr - ₹13.3 L/yr 14% more
HDB Financial Services State Training Manager Salary 10 - 14 years exp. (4 salaries)	₹6 L/yr - ₹7.5 L/yr 19% less
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Bharat Financial Inclusion State Training Manager Salary 8 - 10 years exp. (3 salaries)	₹6.6 L/yr - ₹8.2 L/yr 17% less
Reliance Retail State Training Manager Salary 6 - 15 years exp. (33 salaries)	₹5 L/yr - ₹12.2 L/yr 1% less
Transsion State Training Manager Salary 7 - 18 years exp. (15 salaries)	₹7 L/yr - ₹11.9 L/yr 5% more

State Training Manager salary at SMFG India Credit ranges between ₹7.7 Lakhs to ₹13 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit State Training Manager salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
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11 years (3 salaries)	₹7.7 L/yr - ₹13 L/yr

Similar Designation salaries in SMFG India Credit

Senior Training Manager Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

Zonal Training Manager Salary

(AmbitionBox Estimate)

₹8.8 L/yr - ₹11.3 L/yr

Training Manager Salary

(7 salaries)

₹7.16 L/yr - ₹7.5 L/yr

Operations Manager Salary

(34 salaries)

₹2 L/yr - ₹9.25 L/yr

General Manager Salary

(3 salaries)

₹50 L/yr - ₹72 L/yr

Center Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Training Head Salary

(3 salaries)

₹9.9 L/yr - ₹12.6 L/yr

Project Manager Salary

(9 salaries)

₹8.6 L/yr - ₹27 L/yr

Deputy Manager Salary

(6 salaries)

₹3.85 L/yr - ₹7.43 L/yr

Trainer Salary

(4 salaries)

₹4.5 L/yr - ₹6.5 L/yr

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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 Training Manager Salary FAQs

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

The average salary of a State Training Manager at SMFG India Credit in India typically ranges from ₹7.7 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 10 years to 11 years).

The top 10% of State Training Manager at SMFG India Credit earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. State Training 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 5 SMFG India Credit employees in India.

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

The estimated take-home salary of a State Training Manager at SMFG India Credit in India typically ranges from ₹62,752 to ₹64,347 per month. This is based on the average salary range of ₹7.7 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 10 years to 11 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 5 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 Training Manager in India?

IIFL SAMASTA	₹6.4 Lakhs to ₹13.3 Lakhs per year
Transsion	₹7.0 Lakhs to ₹11.9 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 Training Manager in companies similar to SMFG India Credit in India?

The salary of a State Training 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:

Reliance Retail	₹5.0 Lakhs to ₹12.2 Lakhs per year
Bharat Financial Inclusion	₹6.6 Lakhs to ₹8.2 Lakhs per year
HDB Financial Services	₹6.0 Lakhs to ₹7.5 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 Training Manager at SMFG India Credit in India?

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

Experience	Average Salary Range
10 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
11 years	₹7.7 Lakhs to ₹13.0 Lakhs per year

and so on.

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SMFG India Credit State Training Manager Salaries

SMFG India Credit State Training Manager salary in India ranges between ₹7.7 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SMFG India Credit latest salaries received from various employees of SMFG India Credit.