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

5 - 18 years exp.

₹4 Lakhs - ₹12.7 Lakhs

Salary of majority employees

45% less than the average Team Manager Salary in NBFC Companies for 5 - 18 years of experience

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Last Updated: 15 Mar 2025

Companies similar to SMFG India Credit for Team Manager

Company name	Avg Annual Salary	Open Jobs
L&T Finance Team Manager Salary 6 - 17 years exp. (147 salaries)	₹11 L/yr - ₹36 L/yr 168% more
HDB Financial Services Team Manager Salary 4 - 15 years exp. (86 salaries)	₹3.2 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 23% less
Bajaj Finance Team Manager Salary 0 - 6 years exp. (9 salaries)	₹2 L/yr - ₹8.6 L/yr 52% less
Aditya Birla Finance Team Manager Salary 2 - 20 years exp. (6 salaries)	₹6.7 L/yr - ₹18.5 L/yr 45% more
Bharat Financial Inclusion Team Manager Salary 4 - 10 years exp. (6 salaries)	₹2.5 L/yr - ₹6.3 L/yr 48% less
Home Credit Finance Team Manager Salary 7 - 15 years exp. (6 salaries)	₹3.6 L/yr - ₹10.9 L/yr 35% less
Mahindra Finance Team Manager Salary 0 - 14 years exp. (5 salaries)	₹4.7 L/yr - ₹10 L/yr 19% 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 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹5.5 L/yr 47% less
Veritas Finance Team Manager Salary 3 - 10 years exp. (4 salaries)	₹3.1 L/yr - ₹4.3 L/yr 61% less
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SK Finance Limited Team Manager Salary 0 - 18 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 51% less
Shriram Finance Team Manager Salary 1 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4.7 L/yr 59% less
Annapurna Finance Team Manager Salary 5 - 10 years exp. (4 salaries)	₹3.8 L/yr - ₹10.5 L/yr 26% less
Tata Motors Finance Team Manager Salary 5 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 66% less
IIFL SAMASTA Team Manager Salary 4 - 17 years exp. (3 salaries)	₹7.9 L/yr - ₹32 L/yr 106% more
Fusion Microfinance Team Manager Salary 10 years exp. (3 salaries)	₹9.2 L/yr - ₹9.9 L/yr 7% more
Manappuram Finance Team Manager Salary 3 - 7 years exp. (3 salaries)	₹4 L/yr - ₹9.5 L/yr 45% less
CreditAccess Grameen Team Manager Salary 1 - 15 years exp. (3 salaries)	₹3.5 L/yr - ₹6.4 L/yr 46% less
Muthoot Finance Team Manager Salary 5 - 8 years exp. (3 salaries)	₹3.1 L/yr - ₹6 L/yr 54% less

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 11 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Team Manager salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹13.8 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹14.2 L/yr
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7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9.7 L/yr
10 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.3 L/yr
12 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹12.7 L/yr
13 years (AmbitionBox Estimate)	₹3.7 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

View all

Similar Designation salaries in SMFG India Credit

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(10 salaries)

₹9.1 L/yr - ₹16.93 L/yr

Program Manager Salary

(3 salaries)

₹8.2 L/yr - ₹30 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Branch Manager Salary

(46 salaries)

₹3.44 L/yr - ₹12.65 L/yr

Deputy Manager Salary

(6 salaries)

₹3.85 L/yr - ₹7.43 L/yr

Team Lead Salary

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₹2.3 L/yr - ₹6.2 L/yr

Project Manager Salary

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₹8.6 L/yr - ₹27 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Cluster Manager Salary

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₹5 L/yr - ₹20.98 L/yr

Operations Manager Salary

(34 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 manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SMFG India Credit Team Manager Salary FAQs

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

The average salary of a Team Manager at SMFG India Credit in India typically ranges from ₹4.0 Lakhs to ₹12.7 Lakhs per year, depending on experience (from 5 years to 18 years).

The top 10% of Team Manager at SMFG India Credit earn more than ₹12.2 Lakhs per year, and the top 1% earn over ₹12.7 Lakhs per year. Team 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 Team Manager at SMFG India Credit in India?

The estimated take-home salary of a Team Manager at SMFG India Credit in India typically ranges from ₹65,919 to ₹67,603 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹12.7 Lakhs per year for employees with experience ranging from 5 years to 18 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.

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

L&T Finance	₹11.0 Lakhs to ₹36.0 Lakhs per year
IIFL SAMASTA	₹7.9 Lakhs to ₹32.0 Lakhs per year
Aditya Birla Finance	₹6.7 Lakhs to ₹18.5 Lakhs per year
Fusion Microfinance	₹9.2 Lakhs to ₹9.9 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 Team Manager in companies similar to SMFG India Credit in India?

The salary of a Team 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:

Mahindra Finance	₹4.7 Lakhs to ₹10.0 Lakhs per year
IIFL Finance	₹4.0 Lakhs to ₹9.0 Lakhs per year
Annapurna Finance	₹3.8 Lakhs to ₹10.5 Lakhs per year
Home Credit Finance	₹3.6 Lakhs to ₹10.9 Lakhs per year
HDB Financial Services	₹3.2 Lakhs to ₹8.0 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 Team Manager at SMFG India Credit in India?

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

Experience	Average Salary Range
5 years	₹5.8 Lakhs to ₹13.8 Lakhs per year
6 years	₹4.0 Lakhs to ₹14.2 Lakhs per year
7 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
8 years	₹7.5 Lakhs to ₹9.6 Lakhs per year

and so on.

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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 11 SMFG India Credit latest salaries received from various employees of SMFG India Credit.