SMC Finance State Head Salaries by 4 Employees (Updated 2025)

9 - 22 years exp.

₹6.5 Lakhs - ₹18.5 Lakhs

Salary of majority employees

21% less than the average State Head Salary in Financial Services Companies for 9 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Head Salary 9 - 14 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
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Sales & Business Development State Head Salary 20 - 22 years exp. (AmbitionBox Estimate)	₹16.7 L/yr - ₹20.4 L/yr

Last Updated: 20 Nov 2024

Companies similar to SMC Finance for State Head

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance State Head Salary 12 - 14 years exp. (5 salaries)	₹16.6 L/yr - ₹23.5 L/yr 55% more
HDFC Bank State Head Salary 10 - 18 years exp. (22 salaries)	₹9 L/yr - ₹32 L/yr 48% more
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ICICI Bank State Head Salary 1 - 18 years exp. (6 salaries)	₹12 L/yr - ₹25 L/yr 70% more
Kotak Mahindra Bank State Head Salary 9 - 20 years exp. (16 salaries)	₹10.2 L/yr - ₹19 L/yr 12% more
Sammaan Capital Limited State Head Salary 9 - 20 years exp. (3 salaries)	₹10 L/yr - ₹26 L/yr 26% more
L&T Finance State Head Salary 9 - 21 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 46% more
Mahindra Finance State Head Salary 14 - 17 years exp. (4 salaries)	₹13.8 L/yr - ₹15.5 L/yr 12% more
Shriram Finance State Head Salary 12 - 23 years exp. (8 salaries)	₹13 L/yr - ₹22.2 L/yr 55% more
Edelweiss State Head Salary 15 - 17 years exp. (4 salaries)	₹10.3 L/yr - ₹13 L/yr 5% less
Aditya Birla Capital State Head Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹19 L/yr 6% less
ICICI Securities State Head Salary 11 - 18 years exp. (14 salaries)	₹11.9 L/yr - ₹17 L/yr 23% more
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Kotak Securities State Head Salary 5 - 17 years exp. (8 salaries)	₹6.5 L/yr - ₹15 L/yr 24% less
Cholamandalam Investment & Finance State Head Salary 11 - 18 years exp. (7 salaries)	₹13 L/yr - ₹25 L/yr 77% more
Bajaj Finserv State Head Salary 7 - 14 years exp. (5 salaries)	₹9.7 L/yr - ₹19 L/yr 14% more
Xyz Company State Head Salary 6 - 11 years exp. (4 salaries)	₹6.2 L/yr - ₹27 L/yr 7% more
Citicorp State Head Salary 15 - 18 years exp. (4 salaries)	₹15 L/yr - ₹22 L/yr 60% more
Motilal Oswal Financial Services State Head Salary 11 - 16 years exp. (3 salaries)	₹7.2 L/yr - ₹22 L/yr 26% more

State Head salary at SMC Finance ranges between ₹6.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 9 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of SMC Finance.

Experience wise SMC Finance State Head salaries

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
14 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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15+ years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr

Similar Designation salaries in SMC Finance

Team Lead Salary

(3 salaries)

₹1.8 L/yr - ₹2.4 L/yr

Sales Manager Salary

(6 salaries)

₹4.2 L/yr - ₹7 L/yr

Sales Officer Salary

(4 salaries)

₹1.5 L/yr - ₹5 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Deputy Manager Salary

(9 salaries)

₹4.9 L/yr - ₹10 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Area Sales Manager Salary

(5 salaries)

₹9.5 L/yr - ₹16 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for SMC Finance

City Head in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 27 Jul 2023

2.0

for Salary and Benefits

Likes

Nothing is good about working in SMC. No job security for Sales profile. Knowing the culture of SMC, people dont join and they expect 150% of salary as business from day 1 from sales Managers and attr

Dislikes

Working culture Politics Incentive Policy Medical benifits which will start after 3-4 of your confirmation. Salaries are not paid on time Only financial based single product Non employee friendly organisation

Salary - Poor

+6 more

Business Development Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 26 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing at like to about.. If you want to spoil your career you can join here

Dislikes

Worst management…Only family members running the companies..Top most positions are given to their own family members who doesn’t even know ABCs of business… No salaries on time & deductions without prior information .. Never ever think of joining here

Salary - Bad

+6 more

Senior Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 22 Dec 2023

3.0

for Salary and Benefits

Likes

I am into Healthcare Finance doing Good and work atmosphere is nice

Job security - Good

+4 more

Dislikes

Company is under development process and lot of expansion is going on will take some time for Company branding and very low exposure in the market

Business Analyst in New Delhi

Full Time

Engineering - Software & QA Department

1.0

• posted on 09 Jul 2023

3.0

for Salary and Benefits

Likes

Not a single thing!

Dislikes

Directionless IT projects, Harsh attendance policy(9.30 hours shift mon to Fri), Rude management, no learning curve and people like to throw new joiners under the bus for their own mistakes.

Skill development - Bad

+4 more

Mnaager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 15 May 2024

1.0

for Salary and Benefits

Likes

Nothing at all

Dislikes

All the leaders are relatives,, they dont know the basics of running a business..They just know how to harass employees & do false deductions & huge deductions without informing.. Never ever join this company

Salary - Bad

+6 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SMC Finance State Head Salary FAQs

What is the salary of State Head at SMC Finance?

State Head salary at SMC Finance in India ranges between ₹6.5 Lakhs to ₹18.5 Lakhs for experience between 9 years to 22 years. According to our estimates it is 21% less than the average State Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SMC Finance India.

How does the salary of a State Head at SMC Finance India compare with the average salary range for this job?

The average salary of a State Head at SMC Finance is 21% less than the average salary of a State Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than SMC Finance to a State Head in India?

Cholamandalam Investment & Finance State Head Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year
ICICI Bank State Head Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
Citicorp State Head Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
Bajaj Finance State Head Salary - ₹16.6 Lakhs to ₹23.5 Lakhs per year
Shriram Finance State Head Salary - ₹13.0 Lakhs to ₹22.2 Lakhs per year

What is the salary of a State Head in companies similar to SMC Finance in India?

HDFC Bank State Head Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
L&T Finance State Head Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
Motilal Oswal Financial Services State Head Salary - ₹7.2 Lakhs to ₹22.0 Lakhs per year
Sammaan Capital Limited State Head Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
ICICI Securities State Head Salary - ₹11.9 Lakhs to ₹17.0 Lakhs per year

What is the estimated take home salary of a State Head at SMC Finance in India?

The estimated take-home salary of a State Head at SMC Finance ranges between ₹88,624 per month to ₹90,951 per month in India. The take-home salary calculation is based on the average SMC Finance State Head salary in India which ranges between ₹6.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 9 years to 22 years. Check how did we calculate take home salary?

What is the notice period for State Head at SMC Finance?

According to AmbitionBox, 67% of the SMC Finance State Heads reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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SMC Finance State Head Salaries

SMC Finance State Head salary in India ranges between ₹6.5 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SMC Finance latest salaries received from various employees of SMC Finance.