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

1 - 14 years exp.

₹8 Lakhs - ₹9.4 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Senior Manager Credit Salary in NBFC Companies for 1 - 14 years of experience

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Last Updated: 14 Mar 2023

Companies similar to IIFL Finance for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Edelweiss Senior Manager Credit Salary 7 - 8 years exp. (3 salaries)	₹14 L/yr - ₹15 L/yr 60% more
SMFG India Credit Senior Manager Credit Salary 6 - 16 years exp. (106 salaries)	₹5 L/yr - ₹19.5 L/yr 29% more
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Aditya Birla Finance Senior Manager Credit Salary 3 - 10 years exp. (40 salaries)	₹8.5 L/yr - ₹28.9 L/yr 86% more
Aavas Financiers Senior Manager Credit Salary 5 - 12 years exp. (18 salaries)	₹5.2 L/yr - ₹15 L/yr 9% more
Tata Capital Senior Manager Credit Salary 4 - 10 years exp. (17 salaries)	₹8.3 L/yr - ₹21.8 L/yr 40% more
L&T Finance Senior Manager Credit Salary 5 - 10 years exp. (17 salaries)	₹8 L/yr - ₹24.3 L/yr 54% more
TVS Credit Senior Manager Credit Salary 10 - 15 years exp. (10 salaries)	₹9.8 L/yr - ₹20.4 L/yr 85% more
Piramal Capital Housing Finance Senior Manager Credit Salary 2 - 14 years exp. (7 salaries)	₹7.5 L/yr - ₹16.9 L/yr 23% more
Muthoot Fincorp Senior Manager Credit Salary 5 - 11 years exp. (5 salaries)	₹6 L/yr - ₹6.5 L/yr 29% less
Bajaj Finance Senior Manager Credit Salary 3 - 6 years exp. (5 salaries)	₹5 L/yr - ₹12.5 L/yr 5% more
Poonawalla Fincorp Senior Manager Credit Salary 1 - 11 years exp. (5 salaries)	₹8.4 L/yr - ₹17 L/yr 38% more
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Manappuram Finance Senior Manager Credit Salary 6 - 10 years exp. (4 salaries)	₹7.8 L/yr - ₹11.7 L/yr 6% less
Mahindra Finance Senior Manager Credit Salary 0 - 7 years exp. (4 salaries)	₹11 L/yr - ₹16.8 L/yr 53% more
Annapurna Finance Senior Manager Credit Salary 1 - 4 years exp. (4 salaries)	₹7.1 L/yr - ₹8.1 L/yr 18% less
Muthoot Finance Senior Manager Credit Salary 4 - 11 years exp. (4 salaries)	₹5 L/yr - ₹12.7 L/yr 13% less
HDB Financial Services Senior Manager Credit Salary 13 - 19 years exp. (4 salaries)	₹8.5 L/yr - ₹10 L/yr 3% more
Mahindra Rural Housing Finance Senior Manager Credit Salary 5 - 14 years exp. (3 salaries)	₹9 L/yr - ₹27.5 L/yr 90% more
Shriram Finance Senior Manager Credit Salary 5 - 9 years exp. (3 salaries)	₹6.5 L/yr - ₹10.1 L/yr 3% more
IDFC FIRST Bharat Senior Manager Credit Salary 7 - 12 years exp. (3 salaries)	₹8.4 L/yr - ₹9.8 L/yr 1% more

Senior Manager Credit salary at IIFL Finance ranges between ₹8 Lakhs to ₹9.4 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Senior Manager Credit salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹8 L/yr - ₹16 L/yr
2 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
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3 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
4 years (AmbitionBox Estimate)	₹8 L/yr - ₹16.1 L/yr
5 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
6 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
7 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
8 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
10 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
13 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
14 years (AmbitionBox Estimate)	₹9 L/yr - ₹9.4 L/yr

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Top skills at IIFL Finance for Senior Manager Credit

Credit Underwriting Lap Credit Risk Analysis housing finance

Salary related reviews for IIFL Finance

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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

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Skill development - Excellent

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Job security - Poor

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4.0

• posted on 11 Jun 2023

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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

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3.0

• posted on 06 Sep 2023

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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

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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

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What people are saying about IIFL Finance

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an internal auditor

Offer related guidance

Hi there, I need a little clarity. I am currently working as a Manager in an NBFC from the past 2.5 yrs. My current CTC is 7.7 Lpa fixed. I've an offer in hand with a CTC of 9.7 LPA but with a designation lower than manager i.e. DM. What is your take on it? Should I accept the offer? Is it a fair pay?

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IIFL Finance Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at IIFL Finance in India ranges between ₹8.0 Lakhs to ₹9.4 Lakhs for experience between 1 years to 14 years. According to our estimates it is 34% less than the average Senior Manager Credit 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 Senior Manager Credit at IIFL Finance India compare with the average salary range for this job?

The average salary of a Senior Manager Credit at IIFL Finance is 34% less than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

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

Credit Underwriting, Lap, Credit Risk Analysis and housing finance are some of the popular skills required to work as a Senior Manager Credit at IIFL Finance India.

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

Mahindra Rural Housing Finance Senior Manager Credit Salary - ₹9.0 Lakhs to ₹27.5 Lakhs per year
Aditya Birla Finance Senior Manager Credit Salary - ₹8.5 Lakhs to ₹28.9 Lakhs per year
TVS Credit Senior Manager Credit Salary - ₹9.8 Lakhs to ₹20.4 Lakhs per year
Edelweiss Senior Manager Credit Salary - ₹14.0 Lakhs to ₹15.0 Lakhs per year
L&T Finance Senior Manager Credit Salary - ₹8.0 Lakhs to ₹24.3 Lakhs per year

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

Mahindra Finance Senior Manager Credit Salary - ₹11.0 Lakhs to ₹16.8 Lakhs per year
Tata Capital Senior Manager Credit Salary - ₹8.3 Lakhs to ₹21.8 Lakhs per year
Poonawalla Fincorp Senior Manager Credit Salary - ₹8.4 Lakhs to ₹17.0 Lakhs per year
SMFG India Credit Senior Manager Credit Salary - ₹5.0 Lakhs to ₹19.5 Lakhs per year
Piramal Capital Housing Finance Senior Manager Credit Salary - ₹7.5 Lakhs to ₹16.9 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at IIFL Finance ranges between ₹65,473 per month to ₹67,145 per month in India. The take-home salary calculation is based on the average IIFL Finance Senior Manager Credit salary in India which ranges between ₹8.0 Lakhs to ₹9.4 Lakhs per year for employees with experience between 1 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the IIFL Finance Senior Manager Credits reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IIFL Finance Senior Manager Credit Salaries

IIFL Finance Senior Manager Credit salary in India ranges between ₹8 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL Finance latest salaries received from various employees of IIFL Finance.