SMFG India Credit Transaction Processing Associate Salaries by 6 Employees

0 - 3 years exp.

₹2 Lakhs - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

39% less than the average Transaction Processing Associate Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Transaction Processing Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr
Data Science & Analytics Transaction Processing Associate Salary 2 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Finance & Accounting Transaction Processing Associate Salary 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 21 Nov 2024

Companies similar to SMFG India Credit for Transaction Processing Associate

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Transaction Processing Associate Salary 0 - 2 years exp. (4 salaries)	₹1.6 L/yr - ₹2.4 L/yr 22% less
Shriram Finance Transaction Processing Associate Salary 0 - 4 years exp. (3 salaries)	₹1.1 L/yr - ₹3.5 L/yr 14% less
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Accenture Transaction Processing Associate Salary 0 - 9 years exp. (10.2k salaries)	₹0.8 L/yr - ₹8.3 L/yr 73% more
Conduent Transaction Processing Associate Salary 0 - 7 years exp. (1k salaries)	₹1 L/yr - ₹5 L/yr 25% more	7 job openings
Concentrix Corporation Transaction Processing Associate Salary 0 - 4 years exp. (517 salaries)	₹1.8 L/yr - ₹4.5 L/yr 38% more

Transaction Processing Associate salary at SMFG India Credit ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Transaction Processing Associate salaries

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

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Salary related reviews for SMFG India Credit

4.8

Rated by 2 employees for salary & benefits

Tele Calling Officer in Rajahmundry

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 15 Dec 2024

4.0

for Salary and Benefits

Likes

I worked as a tele calling officer. I like the salary and benefits. But I didn't receive them because of I'm a tele calling officer l.

Salary - Good

Dislikes

Internal politics. Senior officers are very rude to freshers. Very less opportunities to promotions. Unsecured for women.

Promotions - Poor

+2 more

Transaction Officer in Lucknow

Full Time

Risk Management & Compliance Department

2.0

• posted on 28 Oct 2024

3.0

for Salary and Benefits

Likes

One thing is better that salary will credit on last day of month and everythings are bad for every staff. Work load is too high that a person can suiside.

Dislikes

Overall score not good. Company culture इस very bad. 16hrs work in everyday since morning late night 11:30 PM. No leave and no bonus. Work load is too high that a person can suside by stress/pressure. All day working

Skill development - Bad

+3 more

Customer Relationship Officer in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Salary on time no dedication any amt Company policy or company management or to good

Dislikes

Manager behavior not good with employees Timing issues for logg out No holiday for any festivals No benefit for extra hours seating showing Parcaility with hindu vs muslim

Skill development - Bad

+5 more

Senior Officer Operations in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jul 2024

2.0

for Salary and Benefits

Likes

Nothing to like at Fullerton

Dislikes

Giving confirmation to pay for additional extra hours OT work but not given such a politics company Almost 50k is pending from my end Total team payment is govindha govindha govindha

Salary - Poor

+3 more

Customer Relation Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2024

2.0

for Salary and Benefits

Likes

Company is very good about salary and incentives

Dislikes

Nameet team Leder of retention process is very bad in behaviour. He Dont have sense of talking. And even don't give importance to the advisors family problems even if in critical situation

Salary - Poor

+6 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 Transaction Processing Associate Salary FAQs

What is the salary of Transaction Processing Associate at SMFG India Credit ?

The average salary of a Transaction Processing Associate at SMFG India Credit in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Transaction Processing Associate at SMFG India Credit earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Transaction Processing Associate 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 6 SMFG India Credit employees in India.

What is the estimated take home salary of a Transaction Processing Associate at SMFG India Credit in India?

The estimated take-home salary of a Transaction Processing Associate at SMFG India Credit in India typically ranges from ₹15,637 to ₹17,260 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 6 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 Transaction Processing Associate in India?

Accenture	₹0.8 Lakhs to ₹8.3 Lakhs per year
Concentrix Corporation	₹1.8 Lakhs to ₹4.5 Lakhs per year
Conduent	₹1.0 Lakhs to ₹5.0 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 Transaction Processing Associate in companies similar to SMFG India Credit in India?

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

Shriram Finance	₹1.1 Lakhs to ₹3.5 Lakhs per year
HDB Financial Services	₹1.6 Lakhs to ₹2.4 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 Transaction Processing Associate at SMFG India Credit in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.5 Lakhs per year
1 year	₹2.0 Lakhs to ₹2.6 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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SMFG India Credit Transaction Processing Associate Salaries

SMFG India Credit Transaction Processing Associate salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SMFG India Credit latest salaries received from various employees of SMFG India Credit.