IIFL Finance Cluster Credit Manager Salaries by 4 Employees (Updated 2025)

4 - 12 years exp.

₹6 Lakhs - ₹8.2 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Cluster Credit Manager Salary in NBFC Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
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Finance & Accounting Cluster Credit Manager Salary 4 - 12 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹8.2 L/yr

Last Updated: 21 Dec 2024

Companies similar to IIFL Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Cluster Credit Manager Salary 8 - 12 years exp. (4 salaries)	₹5.8 L/yr - ₹11.7 L/yr 30% more
Edelweiss Cluster Credit Manager Salary 3 - 6 years exp. (9 salaries)	₹10 L/yr - ₹14.3 L/yr 84% more
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Piramal Capital Housing Finance Cluster Credit Manager Salary 6 - 20 years exp. (77 salaries)	₹7.7 L/yr - ₹19.7 L/yr 115% more
SMFG India Credit Cluster Credit Manager Salary 7 - 13 years exp. (55 salaries)	₹4.6 L/yr - ₹18.5 L/yr 59% more
HDB Financial Services Cluster Credit Manager Salary 13 - 20 years exp. (40 salaries)	₹11.9 L/yr - ₹24 L/yr 175% more
Annapurna Finance Cluster Credit Manager Salary 4 - 17 years exp. (30 salaries)	₹4.5 L/yr - ₹15.5 L/yr 28% more
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (17 salaries)	₹12.3 L/yr - ₹19.8 L/yr 135% more
Manappuram Finance Cluster Credit Manager Salary 6 - 14 years exp. (8 salaries)	₹5 L/yr - ₹7.9 L/yr 7% less
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 29% more
Tata Capital Cluster Credit Manager Salary 4 - 21 years exp. (6 salaries)	₹10.7 L/yr - ₹17 L/yr 107% more
Kotak Mahindra Prime Cluster Credit Manager Salary 6 - 14 years exp. (5 salaries)	₹7 L/yr - ₹16 L/yr 71% more
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Bharat Financial Inclusion Cluster Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.9 L/yr 28% less

Cluster Credit Manager salary at IIFL Finance ranges between ₹6 Lakhs to ₹8.2 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Cluster Credit Manager salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.8 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.3 L/yr
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
12 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.2 L/yr

View all

Similar Designation salaries in IIFL Finance

Area Credit Manager Salary

(32 salaries)

₹5.17 L/yr - ₹17.81 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹5.7 L/yr - ₹8.7 L/yr

Branch Credit Manager Salary

(59 salaries)

₹1.75 L/yr - ₹7.74 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹27 L/yr - ₹30 L/yr

Assistant Credit Manager Salary

(19 salaries)

₹3 L/yr - ₹6.5 L/yr

Regional Credit Manager Salary

(9 salaries)

₹18 L/yr - ₹28.6 L/yr

Credit Manager Salary

(177 salaries)

₹2.5 L/yr - ₹10.52 L/yr

Senior Credit Officer Salary

(7 salaries)

₹3.2 L/yr - ₹5 L/yr

Relationship Manager Salary

(435 salaries)

₹0.9 L/yr - ₹6 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹13.4 L/yr - ₹17.1 L/yr

Salary related reviews for IIFL Finance

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

see more salary related reviews

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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 Cluster Credit Manager Salary FAQs

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

Cluster Credit Manager salary at IIFL Finance in India ranges between ₹6.0 Lakhs to ₹8.2 Lakhs for experience between 4 years to 12 years. According to our estimates it is 32% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance India.

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

The average salary of a Cluster Credit Manager at IIFL Finance is 32% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

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

HDB Financial Services Cluster Credit Manager Salary - ₹11.9 Lakhs to ₹24.0 Lakhs per year
Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹19.8 Lakhs per year
Piramal Capital Housing Finance Cluster Credit Manager Salary - ₹7.7 Lakhs to ₹19.7 Lakhs per year
Tata Capital Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹17.0 Lakhs per year
Edelweiss Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹14.3 Lakhs per year

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

Kotak Mahindra Prime Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
SMFG India Credit Cluster Credit Manager Salary - ₹4.6 Lakhs to ₹18.5 Lakhs per year
Motilal Oswal Financial Services Cluster Credit Manager Salary - ₹5.8 Lakhs to ₹11.7 Lakhs per year
Mahindra Finance Cluster Credit Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
Annapurna Finance Cluster Credit Manager Salary - ₹4.5 Lakhs to ₹15.5 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Manager at IIFL Finance ranges between ₹52,615 per month to ₹53,855 per month in India. The take-home salary calculation is based on the average IIFL Finance Cluster Credit Manager salary in India which ranges between ₹6.0 Lakhs to ₹8.2 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the IIFL Finance Cluster Credit Managers reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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IIFL Finance Cluster Credit Manager Salaries

IIFL Finance Cluster Credit Manager salary in India ranges between ₹6 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL Finance latest salaries received from various employees of IIFL Finance.