IIFL Finance Area Credit Manager Salaries by 30+ Employees (Updated 2025)

3 - 11 years exp.

₹5.2 Lakhs - ₹17.8 Lakhs

Salary of majority employees

12% less than the average Area Credit Manager Salary in NBFC Companies for 3 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 3 - 11 years exp. (19 salaries)	₹6.2 L/yr - ₹20 L/yr
Finance & Accounting Area Credit Manager Salary 3 - 9 years exp. (6 salaries)	₹7.6 L/yr - ₹10.5 L/yr
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Risk Management & Compliance Area Credit Manager Salary 6 - 9 years exp. (3 salaries)	₹9.7 L/yr - ₹18.2 L/yr

Last Updated: 5 Feb 2025

Companies similar to IIFL Finance for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Area Credit Manager Salary 3 - 11 years exp. (40 salaries)	₹7.3 L/yr - ₹19 L/yr 5% more
Poonawalla Fincorp Area Credit Manager Salary 4 - 13 years exp. (233 salaries)	₹4.8 L/yr - ₹20 L/yr 9% more
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HDB Financial Services Area Credit Manager Salary 5 - 18 years exp. (243 salaries)	₹6.1 L/yr - ₹17 L/yr 6% more	1 job opening
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (162 salaries)	₹8 L/yr - ₹32 L/yr 84% more	9 job openings
L&T Finance Area Credit Manager Salary 4 - 13 years exp. (129 salaries)	₹6 L/yr - ₹20 L/yr 26% more
Aditya Birla Finance Area Credit Manager Salary 6 - 15 years exp. (112 salaries)	₹7.5 L/yr - ₹21 L/yr 36% more
Bajaj Finance Area Credit Manager Salary 3 - 12 years exp. (88 salaries)	₹4 L/yr - ₹16.7 L/yr 6% less
Aavas Financiers Area Credit Manager Salary 4 - 15 years exp. (83 salaries)	₹5 L/yr - ₹13 L/yr 11% less
Piramal Capital Housing Finance Area Credit Manager Salary 3 - 12 years exp. (68 salaries)	₹8.3 L/yr - ₹17 L/yr 25% more
SMFG India Credit Area Credit Manager Salary 5 - 14 years exp. (38 salaries)	₹6 L/yr - ₹23.7 L/yr 30% more
Mahindra Rural Housing Finance Area Credit Manager Salary 6 - 18 years exp. (34 salaries)	₹5.6 L/yr - ₹14.5 L/yr 17% less	1 job opening
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Shriram Finance Area Credit Manager Salary 5 - 10 years exp. (19 salaries)	₹9.5 L/yr - ₹21 L/yr 39% more
TVS Credit Area Credit Manager Salary 5 - 25 years exp. (10 salaries)	₹6.6 L/yr - ₹15.1 L/yr 4% more
Mahindra Finance Area Credit Manager Salary 7 - 16 years exp. (9 salaries)	₹5.5 L/yr - ₹14 L/yr 10% less
Muthoot Fincorp Area Credit Manager Salary 2 - 11 years exp. (7 salaries)	₹2.2 L/yr - ₹9 L/yr 41% less
Kotak Mahindra Prime Area Credit Manager Salary 6 - 10 years exp. (7 salaries)	₹7 L/yr - ₹15.3 L/yr 21% more
Bharat Financial Inclusion Area Credit Manager Salary 12 - 17 years exp. (6 salaries)	₹4.3 L/yr - ₹9 L/yr 40% less
Annapurna Finance Area Credit Manager Salary 8 - 16 years exp. (4 salaries)	₹5 L/yr - ₹10.5 L/yr 23% less
Muthoot Finance Area Credit Manager Salary 5 - 10 years exp. (4 salaries)	₹3.3 L/yr - ₹10.1 L/yr 35% less

Area Credit Manager salary at IIFL Finance ranges between ₹5.2 Lakhs to ₹17.8 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 32 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Area Credit Manager salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹16 L/yr
4 years (5 salaries)	₹4.3 L/yr - ₹17 L/yr
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5 years (3 salaries)	₹6.5 L/yr - ₹11.1 L/yr
6 years (6 salaries)	₹4.6 L/yr - ₹16.9 L/yr
7 years (7 salaries)	₹4.5 L/yr - ₹19 L/yr
8 years (3 salaries)	₹4.4 L/yr - ₹19.6 L/yr
9 years (3 salaries)	₹7.5 L/yr - ₹18.2 L/yr
10 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13.8 L/yr

View all

Similar Designation salaries in IIFL Finance

Zonal Credit Manager Salary

(4 salaries)

₹27 L/yr - ₹30 L/yr

Branch Credit Manager Salary

(59 salaries)

₹1.75 L/yr - ₹7.74 L/yr

Credit Manager Salary

(177 salaries)

₹2.5 L/yr - ₹10.52 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹6 L/yr - ₹8.16 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹5.7 L/yr - ₹8.7 L/yr

Regional Credit Manager Salary

(9 salaries)

₹18 L/yr - ₹28.6 L/yr

Assistant Credit Manager Salary

(19 salaries)

₹3 L/yr - ₹6.5 L/yr

Branch Manager Salary

(994 salaries)

₹2.2 L/yr - ₹8 L/yr

Sales Manager Salary

(230 salaries)

₹1 L/yr - ₹9 L/yr

Credit Officer Salary

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₹1.7 L/yr - ₹4.2 L/yr

Top skills at IIFL Finance for Area Credit Manager

Credit Underwriting

Salary related reviews for IIFL Finance

3.2

Rated by 9 employees for salary & benefits

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

Skill development - Excellent

Dislikes

Giving low salary and huge pressure over work load more than salary. Hieringe from compitition with huge salary but not giving them who are wintage and loyal to the company.

Salary - Bad

+4 more

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Skill development - Excellent

+3 more

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Job security - Poor

Branch Credit Manager in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 11 Jun 2023

4.0

for Salary and Benefits

Likes

Salary is good but work culture nd working time is not that much good If u r Ina branch level then u have to work for 14-16 hours in a day Like joining time morning 9am Nd closings time 12/1 pm

Salary - Good

+1 more

Dislikes

Heavy work pressure

Work satisfaction - Bad

+1 more

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Oct 2018

5.0

for Salary and Benefits

Likes

Salary,learning

Salary - Excellent

+2 more

Dislikes

Work pressure is high, manager do not have value of person, senior does not guide only need business that's it. Job is not secure , mentaly pressure given by senior, company and top management is best but over all not satisfactory.

Job security - Bad

+2 more

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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IIFL Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at IIFL Finance?

Area Credit Manager salary at IIFL Finance in India ranges between ₹5.2 Lakhs to ₹17.8 Lakhs for experience between 3 years to 11 years. According to our estimates it is 12% less than the average Area Credit Manager Salary in India. Salary estimates are based on 32 latest salaries received from various employees of IIFL Finance India.

How does the salary of a Area Credit Manager at IIFL Finance India compare with the average salary range for this job?

The average salary of a Area Credit Manager at IIFL Finance is 12% less than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Manager at IIFL Finance?

Credit Underwriting is a popular skill required to work as a Area Credit Manager at IIFL Finance.

Which similar companies are paying more than IIFL Finance to a Area Credit Manager in India?

Tata Capital Area Credit Manager Salary - ₹8.0 Lakhs to ₹32.0 Lakhs per year
Shriram Finance Area Credit Manager Salary - ₹9.5 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Finance Area Credit Manager Salary - ₹7.5 Lakhs to ₹21.0 Lakhs per year
SMFG India Credit Area Credit Manager Salary - ₹6.0 Lakhs to ₹23.7 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to IIFL Finance in India?

Piramal Capital Housing Finance Area Credit Manager Salary - ₹8.3 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Prime Area Credit Manager Salary - ₹7.0 Lakhs to ₹15.3 Lakhs per year
Poonawalla Fincorp Area Credit Manager Salary - ₹4.8 Lakhs to ₹20.0 Lakhs per year
HDB Financial Services Area Credit Manager Salary - ₹6.1 Lakhs to ₹17.0 Lakhs per year
Edelweiss Area Credit Manager Salary - ₹7.3 Lakhs to ₹19.0 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at IIFL Finance in India?

The estimated take-home salary of a Area Credit Manager at IIFL Finance ranges between ₹76,012 per month to ₹77,982 per month in India. The take-home salary calculation is based on the average IIFL Finance Area Credit Manager salary in India which ranges between ₹5.2 Lakhs to ₹17.8 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at IIFL Finance?

According to AmbitionBox, 72% of the IIFL Finance Area Credit Managers reported a notice period of 3 Months, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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IIFL Finance Area Credit Manager Salaries

IIFL Finance Area Credit Manager salary in India ranges between ₹5.2 Lakhs to ₹17.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 IIFL Finance latest salaries received from various employees of IIFL Finance.