IFCI Financial Services Mumbai Credit Officer Salaries by 2 Employees (Updated 2025)

10 - 11 years exp.

₹23 Lakhs - ₹29.3 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 17 Oct 2024

Companies similar to IFCI Financial Services for Credit Officer in Mumbai

IFCI Financial Services Credit Officer Salary

10 - 11 years exp. (AmbitionBox Estimate)

₹23 L/yr - ₹29.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Credit Officer Salary 0 - 9 years exp. (63 salaries)	₹2 L/yr - ₹4.3 L/yr 87% less
L&T Finance Credit Officer Salary 1 - 6 years exp. (14 salaries)	₹2.2 L/yr - ₹3.8 L/yr 87% less
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Kotak Mahindra Bank Credit Officer Salary 1 - 6 years exp. (16 salaries)	₹1.5 L/yr - ₹2.9 L/yr 90% less
ICICI Bank Credit Officer Salary 0 - 7 years exp. (13 salaries)	₹2.5 L/yr - ₹4.5 L/yr 86% less
Axis Bank Credit Officer Salary 1 - 5 years exp. (8 salaries)	₹2.5 L/yr - ₹5 L/yr 85% less	1 job opening
Sammaan Capital Limited Credit Officer Salary 1 - 7 years exp. (31 salaries)	₹1.7 L/yr - ₹3.5 L/yr 89% less
Aditya Birla Capital Credit Officer Salary 5 - 6 years exp. (3 salaries)	₹3.1 L/yr - ₹5 L/yr 85% less

Credit Officer salary at IFCI Financial Services ranges between ₹23 Lakhs to ₹29.3 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of IFCI Financial Services.

Salary related reviews for IFCI Financial Services

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (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 Officer Salary FAQs

What is the notice period for Credit Officer at IFCI Financial Services in Mumbai?

According to AmbitionBox, 100% of the IFCI Financial Services Credit Officers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IFCI Financial Services Credit Officer Salaries in Mumbai

IFCI Financial Services Credit Officer salary in Mumbai ranges between ₹23 Lakhs to ₹29.3 Lakhs. This is an estimate based on latest salaries received from employees of IFCI Financial Services.