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

5 - 18 years exp.

₹4 Lakhs - ₹12.7 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Team Manager Salary in NBFC Companies for 5 - 18 years of experience

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Last Updated: 25 Jan 2025

Companies similar to SMFG India Credit for Team Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Team Manager Salary 0 - 6 years exp. (9 salaries)	₹2 L/yr - ₹8.6 L/yr 53% less
HDFC Bank Team Manager Salary 5 - 13 years exp. (309 salaries)	₹3.9 L/yr - ₹14.2 L/yr 5% less	1 job opening
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ICICI Bank Team Manager Salary 1 - 12 years exp. (139 salaries)	₹6.3 L/yr - ₹11 L/yr 6% less
Tata Capital Team Manager Salary 1 - 22 years exp. (11 salaries)	₹5.7 L/yr - ₹13.5 L/yr 2% less
Aditya Birla Capital Team Manager Salary 1 - 8 years exp. (7 salaries)	₹6.7 L/yr - ₹13.3 L/yr 28% more
Mahindra Finance Team Manager Salary 0 - 14 years exp. (5 salaries)	₹4.7 L/yr - ₹10 L/yr 20% less
Shriram Finance Team Manager Salary 1 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4.7 L/yr 59% less
L&T Finance Team Manager Salary 6 - 17 years exp. (137 salaries)	₹11 L/yr - ₹36 L/yr 165% more
Reliance Capital Team Manager Salary 3 - 14 years exp. (4 salaries)	₹2.3 L/yr - ₹15.5 L/yr 20% less
Edelweiss Team Manager Salary 0 - 8 years exp. (7 salaries)	₹7.5 L/yr - ₹20 L/yr 29% more
HDB Financial Services Team Manager Salary 4 - 15 years exp. (85 salaries)	₹3.5 L/yr - ₹8 L/yr 41% less
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IIFL Finance Team Manager Salary 3 - 13 years exp. (23 salaries)	₹4 L/yr - ₹9 L/yr 24% less
Aditya Birla Finance Team Manager Salary 2 - 20 years exp. (6 salaries)	₹6.7 L/yr - ₹18.5 L/yr 42% more
Bharat Financial Inclusion Team Manager Salary 4 - 10 years exp. (6 salaries)	₹2.5 L/yr - ₹6.3 L/yr 49% less
Home Credit Finance Team Manager Salary 9 - 15 years exp. (5 salaries)	₹3.6 L/yr - ₹4.8 L/yr 54% less
Aye Finance Team Manager Salary 1 - 3 years exp. (4 salaries)	₹2.4 L/yr - ₹4.9 L/yr 62% less
TVS Credit Team Manager Salary 1 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹5.5 L/yr 48% less
SK Finance Limited Team Manager Salary 0 - 18 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 52% less
Annapurna Finance Team Manager Salary 5 - 10 years exp. (4 salaries)	₹3.8 L/yr - ₹10.5 L/yr 27% less
Tata Motors Finance Team Manager Salary 5 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 67% less

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Team Manager salary at SMFG India Credit ranges between ₹4 Lakhs to ₹12.7 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 10 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Team Manager salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹14.8 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹15.1 L/yr
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7 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
8 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.7 L/yr
10 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹12.7 L/yr
13 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹9.5 L/yr
14 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹12 L/yr
15+ years (AmbitionBox Estimate)	₹4 L/yr - ₹10.8 L/yr

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Similar Designation salaries in SMFG India Credit

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(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Branch Manager Salary

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Deputy Manager Salary

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₹3.85 L/yr - ₹7.43 L/yr

Team Lead Salary

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Department Manager Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Cluster Manager Salary

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Operations Manager Salary

(33 salaries)

₹2 L/yr - ₹9.25 L/yr

Salary related reviews for SMFG India Credit

4.5

Rated by 3 employees for salary & benefits

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.

Operations Executive in Chennai

Full Time

Human Resources Department

3.0

• posted on 02 May 2021

1.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive

Job security - Excellent

+1 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is below decent & career growth is slow. Even during lockdown we worked from home using our personal computer and internet they didn't even give compensation instead reduced our appraisal bonus as 60% and increment as only 6%

Salary - Bad

+3 more

Operations Executive in Mumbai

Customer Success, Service & Operations Department

4.0

• posted on 26 May 2022

3.0

for Salary and Benefits

Likes

...rent learning skills we get not only one same work. Teammates are supportive. About Dislikes - I had worked over 3yrs, but no increment, no bonus, no incentive and all. Only work that's it.

Skill development - Excellent

+5 more

Dislikes

I had worked over 3yrs, but no increment, no bonus, no overtime extra money, no incentive and all. Only work

Relationship Manager in South Karnataka

Customer Success, Service & Operations Department

4.0

• posted on 23 Jul 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

...ot okThere is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Cluster Manager in Jaipur

BFSI, Investments & Trading Department

4.0

• posted on 03 Apr 2021

4.0

for Salary and Benefits

Likes

Good work environment. Seniors are supportive. HR policies also good. Salaries and bonus are good compare to other NBFC.

Salary - Good

+3 more

Dislikes

Work life balance is not applicable here. 30 days are working and a lot off target pressure. Dont have any training and help how to achieve assigned targets.

Skill development - Poor

+1 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SMFG India Credit Team Manager Salary FAQs

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

Team Manager salary at SMFG India Credit in India ranges between ₹4.0 Lakhs to ₹12.7 Lakhs for experience between 5 years to 18 years. According to our estimates it is 40% less than the average Team Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of SMFG India Credit India.

How does the salary of a Team Manager at SMFG India Credit India compare with the average salary range for this job?

The average salary of a Team Manager at SMFG India Credit is 40% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SMFG India Credit to a Team Manager in India?

L&T Finance Team Manager Salary - ₹11.0 Lakhs to ₹36.0 Lakhs per year
IIFL SAMASTA Team Manager Salary - ₹7.9 Lakhs to ₹32.0 Lakhs per year
Aditya Birla Finance Team Manager Salary - ₹6.7 Lakhs to ₹18.5 Lakhs per year
Edelweiss Team Manager Salary - ₹7.5 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Capital Team Manager Salary - ₹6.7 Lakhs to ₹13.3 Lakhs per year

What is the salary of a Team Manager in companies similar to SMFG India Credit in India?

Fusion Microfinance Team Manager Salary - ₹9.2 Lakhs to ₹9.9 Lakhs per year
Tata Capital Team Manager Salary - ₹5.7 Lakhs to ₹13.5 Lakhs per year
HDFC Bank Team Manager Salary - ₹3.9 Lakhs to ₹14.2 Lakhs per year
ICICI Bank Team Manager Salary - ₹6.3 Lakhs to ₹11.0 Lakhs per year
Mahindra Finance Team Manager Salary - ₹4.7 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Team Manager at SMFG India Credit ranges between ₹66,868 per month to ₹68,579 per month in India. The take-home salary calculation is based on the average SMFG India Credit Team Manager salary in India which ranges between ₹4.0 Lakhs to ₹12.7 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Team Manager at SMFG India Credit?

According to AmbitionBox, 33% of the SMFG India Credit Team Managers reported a notice period of 1 Month, 34% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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SMFG India Credit Team Manager Salaries

SMFG India Credit Team Manager salary in India ranges between ₹4 Lakhs to ₹12.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 SMFG India Credit latest salaries received from various employees of SMFG India Credit.