SMFA Salaries by 10+ Employees (Updated 2024)

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Production, Manufacturing & Engineering

Designation	Avg Annual Salary	Open Jobs
Diploma Mechanical Engineer 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Loan Manager 8 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
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Lead Data Scientist 12 years exp. (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
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Senior Analyst 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Shift Engineer 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Credit Executive 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Assistant Engineer 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Data Analyst 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Sr. Admin Executive 10 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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Project Finance Manager 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Site Engineer 5 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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Junior Engineer 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Manager 4 - 25 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
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Engineer 9 - 10 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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Assistant Manager 17 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Mechanical Maintenance Fitter 5 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SMFA Salary FAQs

What is the minimum salary in SMFA?

Minimum salary at SMFA depends on the role you are applying for. For Credit Executive the minimum salary is ₹1.8 Lakh to ₹2.3 Lakhs per year, and for Diploma Mechanical Engineer the minimum salary is ₹2.2 Lakhs to ₹2.8 Lakhs per year and so on.

What is the notice period at SMFA?

According to AmbitionBox, 45% of the SMFA employees reported a notice period of 15 days or less, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.