IIFL Finance Mumbai Loan Manager Salaries by 10 Employees (Updated 2025)

2 - 7 years exp.

₹3 Lakhs - ₹4.7 Lakhs

Salary of majority employees

8% less than the average Loan Manager Salary in NBFC Companies for 2 - 7 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Sales & Business Development Loan Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr
Customer Success, Service & Operations Loan Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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Finance & Accounting Loan Manager Salary 3 - 7 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.1 L/yr
BFSI, Investments & Trading Loan Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.7 L/yr

Last Updated: 1 Feb 2025

Companies similar to IIFL Finance for Loan Manager in Mumbai

IIFL Finance Loan Manager Salary

2 - 7 years exp. (10 salaries)

₹3 L/yr - ₹4.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Rupeek Loan Manager Salary 2 - 9 years exp. (9 salaries)	₹2.5 L/yr - ₹4.3 L/yr 3% more
indiagold Loan Manager Salary 3 - 8 years exp. (6 salaries)	₹4.3 L/yr - ₹5.5 L/yr 27% more	2 job openings
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Money2Me Finance Loan Manager Salary 2 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹3.5 L/yr 15% less
Master minds Loan Manager Salary 6 - 8 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 6% less
Labdhi Lifestyle Limited Loan Manager Salary 10 - 13 years exp. (3 salaries)	₹7 L/yr - ₹7.5 L/yr 104% more

Loan Manager salary at IIFL Finance ranges between ₹3 Lakhs to ₹4.7 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 10 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Loan Manager salaries in Mumbai

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr
3 years (3 salaries)	₹3.1 L/yr - ₹3.6 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
5 years (3 salaries)	₹3.1 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.9 L/yr

View all

Similar Designation salaries in IIFL Finance

Branch Manager Salary

(77 salaries)

₹2.2 L/yr - ₹7 L/yr

Deputy Manager Salary

(54 salaries)

₹3.5 L/yr - ₹10 L/yr

Credit Manager Salary

(50 salaries)

₹2.8 L/yr - ₹10.1 L/yr

Team Lead Salary

(24 salaries)

₹1.25 L/yr - ₹9.19 L/yr

Sales Manager Salary

(15 salaries)

₹2.85 L/yr - ₹7.2 L/yr

Accountant Salary

(7 salaries)

₹2 L/yr - ₹5.5 L/yr

Collections Manager Salary

(6 salaries)

₹4.4 L/yr - ₹6.5 L/yr

Area Sales Manager Salary

(3 salaries)

₹9.37 L/yr - ₹17 L/yr

Top skills at IIFL Finance for Loan Manager

Gold Loan gold Sales Field Sales Lead Generation Gold Loan Finance NBFC Cross Sales English Gold Loan Operations Grievance Handling Field Work Sales Management Marketing

Salary related reviews for IIFL Finance

Loan Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 14 Jul 2021

3.0

for Salary and Benefits

Likes

Company gives every year diwali bonus which is deducted from your salary

Dislikes

In the interview the HR said that you only make loans against the gold but did not tell about self sourcing targets which is disgusting

Skill development - Poor

+1 more

Loan Manager in Puducherry/Pondicherry, Puducherry

Full Time

Sales & Business Development Department

1.0

• posted on 21 May 2023

5.0

for Salary and Benefits

Likes

Only salary and incentives is ok

Salary - Excellent

Dislikes

when they recruited for LM they told us that they give leads and having 30% sales but they didn't gave any lead. Cornering employees, traveling allowance not giving, induction training was given by only video, operation process not get trained

Skill development - Bad

+5 more

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

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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 Loan Manager Salary FAQs

What is the salary of Loan Manager at IIFL Finance Mumbai?

Loan Manager salary at IIFL Finance in Mumbai ranges between ₹3.0 Lakhs to ₹4.7 Lakhs for experience between 2 years to 7 years. According to our estimates it is 8% less than the average Loan Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of IIFL Finance Mumbai.

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

The average salary of a Loan Manager at IIFL Finance is 8% less than the average salary of a Loan Manager in Mumbai. To know exact salary insights, login to view.

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

Gold Loan, gold, Sales, Field Sales and Lead Generation are some of the popular skills required to work as a Loan Manager at IIFL Finance Mumbai.

Which similar companies are paying more than IIFL Finance to a Loan Manager in Mumbai?

Labdhi Lifestyle Limited Loan Manager Salary - ₹7.0 Lakhs to ₹7.5 Lakhs per year
indiagold Loan Manager Salary - ₹4.3 Lakhs to ₹5.5 Lakhs per year
Rupeek Loan Manager Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year

What is the salary of a Loan Manager in companies similar to IIFL Finance in Mumbai?

Master minds Loan Manager Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
Money2Me Finance Loan Manager Salary - ₹2.6 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Loan Manager at IIFL Finance in Mumbai?

The estimated take-home salary of a Loan Manager at IIFL Finance ranges between ₹26,346 per month to ₹27,765 per month in Mumbai. The take-home salary calculation is based on the average IIFL Finance Loan Manager salary in India which ranges between ₹3.0 Lakhs to ₹4.7 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Loan Manager at IIFL Finance in Mumbai?

According to AmbitionBox, 71% of the IIFL Finance Loan Managers in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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IIFL Finance Loan Manager Salaries in Mumbai

IIFL Finance Loan Manager salary in Mumbai ranges between ₹3 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 IIFL Finance latest salaries received from various employees of IIFL Finance.