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SMFG India Credit Loan Officer salaries in India

Annual salary range
1 - 2 years exp.
₹1.8 Lakh - ₹2.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Loan Officer Salary at SMFG India Credit ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received... Read more

25% less than the average Loan Officer Salary in NBFC Companies for 1 - 2 years of experience

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Last Updated: 24 Sep 2024

Companies similar to SMFG India Credit for Loan Officer

Company name Avg Annual Salary Open Jobs
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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 9% more
1 job opening
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Aye Finance Loan Officer Salary

0 - 7 years exp. (66 salaries)

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₹2 L/yr - ₹3.6 L/yr

arrow icon 29% more
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₹1.4 L/yr - ₹5 L/yr

arrow icon 39% more
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HDB Financial Services Loan Officer Salary

0 - 5 years exp. (51 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 20% more
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L&T Finance Loan Officer Salary

0 - 4 years exp. (35 salaries)

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₹1.5 L/yr - ₹2.8 L/yr

arrow icon 16% more
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Muthoot Fincorp Loan Officer Salary

0 - 4 years exp. (15 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 3% more
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Bajaj Finance Loan Officer Salary

0 - 6 years exp. (16 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

arrow icon 19% more
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IIFL Finance Loan Officer Salary

1 - 6 years exp. (13 salaries)

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₹1.8 L/yr - ₹3.7 L/yr

arrow icon 47% more
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₹1.8 L/yr - ₹3.4 L/yr

arrow icon 34% more
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IIFL SAMASTA Loan Officer Salary

0 - 3 years exp. (6 salaries)

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₹1.4 L/yr - ₹2.8 L/yr

arrow icon 2% less
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Shriram Finance Loan Officer Salary

1 - 7 years exp. (5 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 39% more
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Satin Creditcare Network Loan Officer Salary

0 - 4 years exp. (4 salaries)

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₹1.9 L/yr - ₹2.2 L/yr

arrow icon 3% less
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Manappuram Finance Loan Officer Salary

0 - 11 years exp. (4 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 5% more
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Asirvad Microfinance Loan Officer Salary

1 - 6 years exp. (4 salaries)

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₹1.4 L/yr - ₹3.9 L/yr

arrow icon 14% more
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Home Credit Finance Loan Officer Salary

1 - 5 years exp. (4 salaries)

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₹1.3 L/yr - ₹3 L/yr

arrow icon 2% more
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SK Finance Limited Loan Officer Salary

0 - 2 years exp. (4 salaries)

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₹1.5 L/yr - ₹2.4 L/yr

arrow icon 20% less
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Annapurna Finance Loan Officer Salary

3 - 6 years exp. (4 salaries)

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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 4% less
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Aditya Birla Finance Loan Officer Salary

3 - 4 years exp. (3 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 82% more
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Muthoot Microfin Loan Officer Salary

0 - 6 years exp. (3 salaries)

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₹1.2 L/yr - ₹5.3 L/yr

arrow icon 37% more
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TVS Credit Loan Officer Salary

2 - 5 years exp. (3 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 27% more
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SMFG India Credit Loan Officer salaries by

Years of experience Avg. annual salary
1 year  (3 salaries)

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₹1.8 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr

Similar Designation Salaries at SMFG India Credit

Similar Designation Avg. annual salary
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₹1.4 L/yr - ₹4.5 L/yr

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₹1.0 L/yr - ₹6.2 L/yr

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₹3.1 L/yr - ₹11.9 L/yr

Team Lead Salary
(43 salaries)
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₹2.1 L/yr - ₹6.2 L/yr

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₹1.1 L/yr - ₹4.6 L/yr

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₹2.5 L/yr - ₹5.5 L/yr

Sales Manager Salary
(234 salaries)
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₹1.8 L/yr - ₹9.7 L/yr

Analyst Salary
(8 salaries)
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₹4.6 L/yr - ₹15 L/yr

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₹3.9 L/yr - ₹8.3 L/yr

Accountant Salary
(4 salaries)
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₹1 L/yr - ₹2.6 L/yr

View more similar designations

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GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for SMFG India Credit

Full Time

 · 

Sales & Business Development Department

5.0
  •  updated on 22 Mar 2024

5.0
 for  Salary and Benefits

Likes

I'm happy to work with SMFG company this company is excellent for every employee good salary very good incentives and also good growth 📈 working here thanks to big opportunity for me SMFG india credit

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing dislike this company it's a very good company more than other NBFC companies

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  updated on 29 Sep 2023

5.0
 for  Salary and Benefits

Likes

I am happy with working pattern like a home, salary,perks is heigher from a standards MNC . I had given 💯 percentage from our end.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Some time learning and promotion things not meet accordance to me. Overall some time happy rather not satisfied.

  • Promotions - Poor

Full Time

 · 

Sales & Business Development Department

5.0
  •  updated on 04 Mar 2023

3.0
 for  Salary and Benefits

Likes

There are many products here from which we get a lot of knowledge

  • Skill development - Excellent
  • +5 more

Dislikes

The salary that should have been received according to the work was not known! When the full salary was not received even after completing the achievement goal.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 31 May 2022

5.0
 for  Salary and Benefits

Likes

...'s worst to selling product due to high interest rate and poor customer service. Other hand, Employees are getting good salary and other benefits.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Poor customer service &high interest rate

Full Time

 · 

Collection department Department

4.0
  •  updated on 15 Nov 2022

5.0
 for  Salary and Benefits

Likes

...rs are very selfish and cannot think about team members life. So I disappointed. But company salary and incentives are very attractive.

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  • Salary - Excellent
  • +2 more

Dislikes

Team members have lot of problems due to partiality and politics

  • Job security - Poor
see more salary related reviews

SMFG India Credit Loan Officer Salary FAQs

What is the salary of Loan Officer at SMFG India Credit ?
The average salary of a Loan Officer at SMFG India Credit in India typically ranges from ₹1.8 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Loan Officer at SMFG India Credit earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Loan Officer 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 5 SMFG India Credit employees in India.
What is the estimated take home salary of a Loan Officer at SMFG India Credit in India?
The estimated take-home salary of a Loan Officer at SMFG India Credit in India typically ranges from ₹14,220 to ₹15,720 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 1 year to 2 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 5 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 Loan Officer in India?
Muthoot Finance ₹3.0 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Finance ₹3.0 Lakhs to ₹4.5 Lakhs per year
IIFL Finance ₹1.8 Lakhs to ₹3.7 Lakhs per year
Shriram Finance ₹2.5 Lakhs to ₹4.0 Lakhs per year
Spandana Sphoorty Financial ₹1.4 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 Loan Officer in companies similar to SMFG India Credit in India?
The salary of a Loan Officer at companies similar to SMFG India Credit in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Microfin ₹1.2 Lakhs to ₹5.3 Lakhs per year
Arohan Financial Services ₹1.8 Lakhs to ₹3.4 Lakhs per year
Aye Finance ₹2.0 Lakhs to ₹3.6 Lakhs per year
TVS Credit ₹2.2 Lakhs to ₹3.5 Lakhs per year
HDB Financial Services ₹1.2 Lakhs to ₹4.0 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 Loan Officer at SMFG India Credit in India?
The salary growth for a Loan Officer at SMFG India Credit depends on factors such as experience, performance, and promotions. On average, a Loan Officer can expect the following growth trajectory at SMFG India Credit:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹2.5 Lakhs per year
2 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
and so on.

Tell us how to improve this page.

SMFG India Credit Loan Officer salary in India ranges between ₹1.8 Lakh to ₹2.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SMFG India Credit latest salaries received from various employees of SMFG India Credit.