IIFL Finance Credit Manager Salaries by 100+ Employees (Updated 2025)

0 - 10 years exp.

₹2.5 Lakhs - ₹10.5 Lakhs

Salary of majority employees

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24% less than the average Credit Manager Salary in NBFC Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 0 - 9 years exp. (60 salaries)	Unlock ₹2.5 L/yr - ₹10.1 L/yr
Finance & Accounting Credit Manager Salary 0 - 10 years exp. (54 salaries)	Unlock ₹3 L/yr - ₹9.5 L/yr
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Risk Management & Compliance Credit Manager Salary 0 - 10 years exp. (16 salaries)	Unlock ₹4.7 L/yr - ₹10.5 L/yr
Customer Success, Service & Operations Credit Manager Salary 0 - 8 years exp. (5 salaries)	Unlock ₹3.3 L/yr - ₹8.5 L/yr

Last Updated: 5 Mar 2025

Companies similar to IIFL Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	Unlock ₹3.5 L/yr - ₹14.1 L/yr 43% more	5 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	Unlock ₹4 L/yr - ₹17.5 L/yr 68% more
Login to view exact salary
Axis Bank Credit Manager Salary 0 - 12 years exp. (818 salaries)	Unlock ₹3.5 L/yr - ₹14.8 L/yr 46% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	Unlock ₹3.7 L/yr - ₹14.5 L/yr 52% more
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (195 salaries)	Unlock ₹2.4 L/yr - ₹9 L/yr 2% less
Tata Capital Credit Manager Salary 0 - 11 years exp. (436 salaries)	Unlock ₹3.5 L/yr - ₹13 L/yr 32% more	6 job openings
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (231 salaries)	Unlock ₹2.9 L/yr - ₹13 L/yr 30% more
Yes Bank Credit Manager Salary 0 - 10 years exp. (442 salaries)	Unlock ₹4.2 L/yr - ₹14.6 L/yr 44% more	1 job opening
RBL Bank Credit Manager Salary 2 - 10 years exp. (141 salaries)	Unlock ₹2.4 L/yr - ₹11.3 L/yr 9% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (676 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 32% more	1 job opening
HDB Financial Services Credit Manager Salary 0 - 12 years exp. (467 salaries)	Unlock ₹2 L/yr - ₹9 L/yr 22% less	1 job opening
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SMFG India Credit Credit Manager Salary 0 - 11 years exp. (345 salaries)	Unlock ₹2.4 L/yr - ₹11.4 L/yr 11% more
Aditya Birla Finance Credit Manager Salary 1 - 9 years exp. (300 salaries)	Unlock ₹3.8 L/yr - ₹12.5 L/yr 22% more
Aavas Financiers Credit Manager Salary 0 - 10 years exp. (291 salaries)	Unlock ₹2.5 L/yr - ₹8.5 L/yr 1% less	6 job openings
Piramal Capital Housing Finance Credit Manager Salary 1 - 13 years exp. (284 salaries)	Unlock ₹3 L/yr - ₹10.3 L/yr 16% more
Annapurna Finance Credit Manager Salary 2 - 9 years exp. (204 salaries)	Unlock ₹2.7 L/yr - ₹7.1 L/yr 26% less
Edelweiss Credit Manager Salary 0 - 9 years exp. (151 salaries)	Unlock ₹2.7 L/yr - ₹12 L/yr 15% more
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (148 salaries)	Unlock ₹4.2 L/yr - ₹11.3 L/yr 16% more
Shriram Finance Credit Manager Salary 0 - 12 years exp. (140 salaries)	Unlock ₹1.8 L/yr - ₹10.3 L/yr 1% more	2 job openings
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (88 salaries)	Unlock ₹2.3 L/yr - ₹12 L/yr 19% more

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Credit Manager salary at IIFL Finance ranges between ₹2.5 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 179 latest salaries received from various employees of IIFL Finance.

Latest annual salaries shared by IIFL Finance Credit Manager

2d ago

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2 years exp.

1w ago

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8 years exp.

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6 years exp.

2w ago

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3 years exp.

3w ago

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5 years exp.

3w ago

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5 years exp.

3w ago

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6 years exp.

1mo ago

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5 years exp.

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2 months exp.

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8 months exp.

Experience wise IIFL Finance Credit Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
Fresher (17 salaries)	Unlock ₹3.3 L/yr - ₹7.1 L/yr
1 year (15 salaries)	Unlock ₹2.8 L/yr - ₹7.5 L/yr
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2 years (26 salaries)	Unlock ₹3 L/yr - ₹9.2 L/yr
3 years (21 salaries)	Unlock ₹2.8 L/yr - ₹8.6 L/yr
4 years (31 salaries)	Unlock ₹2.5 L/yr - ₹9.5 L/yr
5 years (24 salaries)	Unlock ₹2.5 L/yr - ₹10.5 L/yr
6 years (25 salaries)	Unlock ₹4.4 L/yr - ₹9.7 L/yr
7 years (11 salaries)	Unlock ₹5 L/yr - ₹8.9 L/yr
8 years (5 salaries)	Unlock ₹4.7 L/yr - ₹9.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹9.2 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹7.8 L/yr

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Similar Designation salaries in IIFL Finance

Credit Officer Salary

(56 salaries)

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₹1.4 L/yr - ₹4.2 L/yr

Area Credit Manager Salary

(32 salaries)

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₹5.17 L/yr - ₹19.18 L/yr

Branch Manager Salary

(1k salaries)

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₹2.15 L/yr - ₹8 L/yr

Deputy Manager Salary

(168 salaries)

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₹2.3 L/yr - ₹10 L/yr

Chief Manager Salary

(3 salaries)

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₹11.9 L/yr - ₹18 L/yr

Credit Analyst Salary

(7 salaries)

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₹2.6 L/yr - ₹5.6 L/yr

Zonal Credit Manager Salary

(4 salaries)

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₹27 L/yr - ₹42 L/yr

Sales Manager Salary

(220 salaries)

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₹1.8 L/yr - ₹7.05 L/yr

Branch Credit Manager Salary

(57 salaries)

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₹1.75 L/yr - ₹7.74 L/yr

Deputy Credit Manager Salary

(4 salaries)

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₹5.7 L/yr - ₹8.7 L/yr

Top skills at IIFL Finance for Credit Manager

Credit Underwriting Credit Appraisal Underwriting Credit Management SME Business Loan Credit Assessment Credit Analysis Personal Loans Credit Risk Credit TL Credit Monitoring Credit Risk Analysis Team Leading

Salary related reviews for IIFL Finance

4.3

Rated by 32 employees for salary & benefits

Credit Manager in Kolkata, Shakespeare Sarani, 700017.

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2020

3.0

for Salary and Benefits

Likes

Teammates are supportive. Office environment are good & fair. Yearly hike in salary & bonus given. Company policy is workable & fair.

Skill development - Excellent

+1 more

Dislikes

...n in current covid 19 period as well as they're given notice entire credit team.salary deducted , no bonus & hike given in last financial.

Job security - Poor

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

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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... read more

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IIFL Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at IIFL Finance?

Credit Manager salary at IIFL Finance in India ranges between ₹2.5 Lakhs to ₹10.5 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 24% less than the average Credit Manager Salary in India. Salary estimates are based on 179 latest salaries received from various employees of IIFL Finance India.

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

The average salary of a Credit Manager at IIFL Finance is 24% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

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

Credit Underwriting, Credit Appraisal, Underwriting, Credit Management and SME are some of the popular skills required to work as a Credit Manager at IIFL Finance India.

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

ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.5 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.7 Lakhs to ₹14.5 Lakhs per year
Tata Motors Finance Credit Manager Salary - ₹7.1 Lakhs to ₹12.8 Lakhs per year
Axis Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.8 Lakhs per year
Yes Bank Credit Manager Salary - ₹4.2 Lakhs to ₹14.6 Lakhs per year

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

HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.1 Lakhs per year
L&T Finance Credit Manager Salary - ₹3.2 Lakhs to ₹13.1 Lakhs per year
Tata Capital Credit Manager Salary - ₹3.5 Lakhs to ₹13.0 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank Credit Manager Salary - ₹2.9 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IIFL Finance ranges between ₹45,115 per month to ₹46,204 per month in India. The take-home salary calculation is based on the average IIFL Finance Credit Manager salary in India which ranges between ₹2.5 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 46% of the IIFL Finance Credit Managers reported a notice period of 3 Months, 30% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 123 responses on AmbitionBox in last 2 years.

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IIFL Finance Credit Manager Salaries

IIFL Finance Credit Manager salary in India ranges between ₹2.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 179 IIFL Finance latest salaries received from various employees of IIFL Finance.