IFCI Financial Services New Delhi Credit Manager Salaries by 10 Employees (Updated 2025)

10 - 15 years exp.

₹20 Lakhs - ₹33 Lakhs

Salary of majority employees

227% more than the average Credit Manager Salary in FMCG Companies for 10 - 15 years of experience

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Last Updated: 5 Mar 2024

Companies similar to IFCI Financial Services for Credit Manager in New Delhi

IFCI Financial Services Credit Manager Salary

10 - 15 years exp. (10 salaries)

₹20 L/yr - ₹33 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Credit Manager Salary 0 - 7 years exp. (24 salaries)	₹4.5 L/yr - ₹12 L/yr 71% less
L&T Finance Credit Manager Salary 3 - 9 years exp. (12 salaries)	₹5.5 L/yr - ₹13.1 L/yr 69% less
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Bajaj Finance Credit Manager Salary 2 - 8 years exp. (24 salaries)	₹3.5 L/yr - ₹8 L/yr 77% less	4 job openings
HDFC Bank Credit Manager Salary 0 - 12 years exp. (471 salaries)	₹3.8 L/yr - ₹15 L/yr 67% less	5 job openings
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (153 salaries)	₹3.8 L/yr - ₹14 L/yr 65% less
ICICI Bank Credit Manager Salary 0 - 11 years exp. (542 salaries)	₹4.7 L/yr - ₹16 L/yr 60% less
Axis Bank Credit Manager Salary 0 - 11 years exp. (166 salaries)	₹3.6 L/yr - ₹14.6 L/yr 67% less
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (11 salaries)	₹3.5 L/yr - ₹9 L/yr 79% less
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (20 salaries)	₹4.9 L/yr - ₹10.3 L/yr 71% less

Credit Manager salary at IFCI Financial Services ranges between ₹20 Lakhs to ₹33 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 10 latest salaries received from various employees of IFCI Financial Services.

Experience wise IFCI Financial Services Credit Manager salaries in New Delhi

Last Updated: 5 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹33 L/yr
11 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹33 L/yr
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12 years (3 salaries)	₹20 L/yr - ₹33 L/yr
13 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹47.6 L/yr
14 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹32 L/yr
15+ years (AmbitionBox Estimate)	₹10.6 L/yr - ₹33 L/yr

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Salary related reviews for IFCI Financial Services

2.0

Rated by 1 employees for salary & benefits

Executive in Chennai

Full Time

Other Department

4.0

• posted on 05 Aug 2024

3.0

for Salary and Benefits

Likes

We can tried by all the seniors. Leading process is very comfortable with a seniors. It's my first job. And very happy to working with the company. And we have a flexible time. Very safe place to work.

Skill development - Good

+4 more

Dislikes

Nothing but the appraisal is not properly given to the employees.

Promotions - Poor

Branch Manager in Chennai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 May 2023

5.0

for Salary and Benefits

Likes

Incentive every 3 months , ive got 3-12 laks as incentive, but the major set back is i have to give the back the major part to the MD Karra vishveshwara rao & the associate management.

Salary - Excellent

+6 more

Dislikes

Karra vishveshwara rao loots the company .

Deputy General Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 30 Oct 2018

4.0

for Salary and Benefits

Likes

Best place to learn financing big projects and all India exposure. Being the oldest premier financial institution since 1948 great experience for learning. You will find the top executives in major Banks in private sector are having background of IFCI.

Salary - Good

+6 more

Dislikes

Nothing in particular.

Assistant Manager

Human Resources Department

4.0

• posted on 26 Oct 2018

5.0

for Salary and Benefits

Likes

Working in IFCI was excellent till 2007 and was worst during the period of one of the most arrogant CEO MD who was removed by Govt. as per hon'ble SC directions. Thanks

Salary - Excellent

+6 more

Dislikes

Boss appeasement is mandatory for career upgradation

Deputy General Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 12 Sep 2018

4.0

for Salary and Benefits

Likes

The company was India's premier Development Financial Institution for financing industry and provided excellent learning opportunities in various facets of project/industrial financing.

Salary - Good

+6 more

Dislikes

Nothing in particular

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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IFCI Financial Services Credit Manager Salary FAQs

What is the salary of Credit Manager at IFCI Financial Services New Delhi?

Credit Manager salary at IFCI Financial Services in New Delhi ranges between ₹20.0 Lakhs to ₹33.0 Lakhs for experience between 10 years to 15 years. According to our estimates it is 227% more than the average Credit Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of IFCI Financial Services New Delhi.

How does the salary of a Credit Manager at IFCI Financial Services New Delhi compare with the average salary range for this job?

The average salary of a Credit Manager at IFCI Financial Services is 227% more than the average salary of a Credit Manager in New Delhi. To know exact salary insights, login to view.

What is the salary of a Credit Manager in companies similar to IFCI Financial Services in New Delhi?

ICICI Bank Credit Manager Salary - ₹4.7 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.8 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
Axis Bank Credit Manager Salary - ₹3.6 Lakhs to ₹14.6 Lakhs per year
L&T Finance Credit Manager Salary - ₹5.5 Lakhs to ₹13.1 Lakhs per year

What is the estimated take home salary of a Credit Manager at IFCI Financial Services in New Delhi?

The estimated take-home salary of a Credit Manager at IFCI Financial Services ranges between ₹1,65,570 per month to ₹1,71,919 per month in New Delhi. The take-home salary calculation is based on the average IFCI Financial Services Credit Manager salary in India which ranges between ₹20.0 Lakhs to ₹33.0 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at IFCI Financial Services in New Delhi?

According to AmbitionBox, 50% of the IFCI Financial Services Credit Managers in New Delhi reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IFCI Financial Services Credit Manager Salaries in New Delhi

IFCI Financial Services Credit Manager salary in New Delhi ranges between ₹20 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 IFCI Financial Services latest salaries received from various employees of IFCI Financial Services.