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

1 - 5 years exp.

₹3.7 Lakhs - ₹7.8 Lakhs

Salary of majority employees

17% less than the average Credit Manager Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹6.5 L/yr
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Finance & Accounting Credit Manager Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.8 L/yr

Last Updated: 17 Mar 2023

Companies similar to IIFL Finance for Credit Manager in Indore

IIFL Finance Credit Manager Salary

1 - 5 years exp. (4 salaries)

₹3.7 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Credit Manager Salary 2 - 10 years exp. (11 salaries)	₹5.5 L/yr - ₹13.2 L/yr 42% more	6 job openings
IndusInd Bank Credit Manager Salary 3 - 11 years exp. (6 salaries)	₹5.3 L/yr - ₹13.1 L/yr 43% more	6 job openings
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Yes Bank Credit Manager Salary 2 - 9 years exp. (12 salaries)	₹5.8 L/yr - ₹14 L/yr 55% more
RBL Bank Credit Manager Salary 2 - 10 years exp. (5 salaries)	₹4.5 L/yr - ₹10 L/yr 28% more
IDFC FIRST Bank Credit Manager Salary 1 - 9 years exp. (44 salaries)	₹3.3 L/yr - ₹11 L/yr 27% more	1 job opening
Aavas Financiers Credit Manager Salary 1 - 10 years exp. (12 salaries)	₹4.2 L/yr - ₹8 L/yr 1% more	8 job openings
Edelweiss Credit Manager Salary 2 - 6 years exp. (10 salaries)	₹3.6 L/yr - ₹9.6 L/yr 18% more
Annapurna Finance Credit Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr 15% less
Poonawalla Fincorp Credit Manager Salary 1 - 7 years exp. (7 salaries)	₹5.3 L/yr - ₹8 L/yr 16% more
Mahindra Rural Housing Finance Credit Manager Salary 1 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹6.5 L/yr 23% less
Aditya Birla Finance Credit Manager Salary 4 - 6 years exp. (4 salaries)	₹7 L/yr - ₹12.8 L/yr 25% more
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Credit Manager salary at IIFL Finance ranges between ₹3.7 Lakhs to ₹7.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Credit Manager salaries in Indore

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹7.8 L/yr
2 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
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3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.4 L/yr

Similar Designation salaries in IIFL Finance

Sales Manager Salary

(5 salaries)

₹3 L/yr - ₹5.5 L/yr

Branch Credit Manager Salary

(4 salaries)

₹2.1 L/yr - ₹6.3 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

5.0

Rated by 1 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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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 Credit Manager Salary FAQs

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

Credit Manager salary at IIFL Finance in Indore ranges between ₹3.7 Lakhs to ₹7.8 Lakhs for experience between 1 years to 5 years. According to our estimates it is 17% less than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance Indore.

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

The average salary of a Credit Manager at IIFL Finance is 17% less than the average salary of a Credit Manager in Indore. 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 Indore.

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

Yes Bank Credit Manager Salary - ₹5.8 Lakhs to ₹14.0 Lakhs per year
IndusInd Bank Credit Manager Salary - ₹5.3 Lakhs to ₹13.1 Lakhs per year
Tata Capital Credit Manager Salary - ₹5.5 Lakhs to ₹13.2 Lakhs per year
RBL Bank Credit Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.3 Lakhs to ₹11.0 Lakhs per year

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

Aditya Birla Finance Credit Manager Salary - ₹7.0 Lakhs to ₹12.8 Lakhs per year
Edelweiss Credit Manager Salary - ₹3.6 Lakhs to ₹9.6 Lakhs per year
Poonawalla Fincorp Credit Manager Salary - ₹5.3 Lakhs to ₹8.0 Lakhs per year
Aavas Financiers Credit Manager Salary - ₹4.2 Lakhs to ₹8.0 Lakhs per year
Annapurna Finance Credit Manager Salary - ₹4.3 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IIFL Finance ranges between ₹43,961 per month to ₹45,067 per month in Indore. The take-home salary calculation is based on the average IIFL Finance Credit Manager salary in India which ranges between ₹3.7 Lakhs to ₹7.8 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the IIFL Finance Credit Managers in Indore reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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IIFL Finance Credit Manager Salaries in Indore

IIFL Finance Credit Manager salary in Indore ranges between ₹3.7 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL Finance latest salaries received from various employees of IIFL Finance.