IIFL Home Finance Credit Head Salaries by 3 Employees

6 - 8 years exp.

₹5.8 Lakhs - ₹6.6 Lakhs

Low Confidence

Salary of majority employees

57% less than the average Credit Head Salary in NBFC Companies for 6 - 8 years of experience

Interested in this particular role?

Last Updated: 27 Sep 2024

Companies similar to IIFL Home Finance for Credit Head

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Credit Head Salary 3 - 13 years exp. (9 salaries)	₹3 L/yr - ₹5 L/yr 29% less
HDFC Bank Credit Head Salary 5 - 10 years exp. (4 salaries)	₹12.8 L/yr - ₹18 L/yr 139% more
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Shri Ram Finance Corporation Credit Head Salary 0 - 14 years exp. (4 salaries)	₹5.1 L/yr - ₹17.3 L/yr 80% more
New Opportunity Consultancy Credit Head Salary 10 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹8 L/yr 20% more
Niyogin Fintech Credit Head Salary 8 - 10 years exp. (4 salaries)	₹27 L/yr - ₹30 L/yr 360% more

Credit Head salary at IIFL Home Finance ranges between ₹5.8 Lakhs to ₹6.6 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of IIFL Home Finance.

Experience wise IIFL Home Finance Credit Head salaries

Last Updated: 27 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
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8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr

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Salary related reviews for IIFL Home Finance

Cluster Business Head in Erode

Full Time

Sales & Business Development Department

4.0

• posted on 05 Jul 2023

1.0

for Salary and Benefits

Likes

Salary very low for certain role and need to fix salary ctc for all higher role and need incentive structure to explain to all employee

Work-life balance - Good

Dislikes

Need clarification about incentive and policy to be stable dont change monthly on wards

Salary - Bad

+2 more

Independent Relationship Manager in Lucknow

Full Time

Other Department

2.0

• posted on 20 Mar 2021

1.0

for Salary and Benefits

Likes

This is very bad company after lockdown. Cut salary, no response from seniors, every one has target to secure his job only, no respect to junior, very bad policy to sell home loan, every costumer is in problem,

Dislikes

This is very bad company. No respect to costumers, no respect to junior, every one has only one target to secure job only, no hr policy, every body is working according to his mood . If mood is good than costumers will be happy otherwise he has to suffer. If he takes loan from Iifl he will have to suffer for loan tenure.

Salary - Bad

+5 more

Relationship Manager in Virar West Maharashtra India

Full Time

Finance & Accounting Department

1.0

• posted on 14 Jun 2023

1.0

for Salary and Benefits

Likes

...ompany in my life.very bad experience in my carriar of life.i have joined the 3.50 lac annual package but 3 months has gone salary is given 15k without any notice.and totally harrasment this company.

Dislikes

Haven't any possitive word there is written me .

Salary - Bad

+6 more

Relationship Manager in Vasai-Virar

Sales & Business Development Department

1.0

• posted on 29 Jun 2022

1.0

for Salary and Benefits

Likes

Friendly with credit team

Skill development - Good

Dislikes

Salary deduction incentives not giving overall experience didnot company terms conditions designed self totally haresment mentally & financially... 15 years experience feeling fist time seen very very bad & poor company...

Salary - Bad

+5 more

Branch Credit Manager in Jaipur

Finance & Accounting Department

2.0

• posted on 03 Aug 2020

2.0

for Salary and Benefits

Likes

Only single advantage in the company is that salary is credited in your bank account on time.

Skill development - Good

Dislikes

...otally insensitive to their employees. They are firing employees day in and out. Salary cuts have been also for the whole year as compared to few months only in other organisations. They are harassing employees by overburdening them with work pressure and taking undue advantage of the current situation. Policy changes in the organisation are also so frequent that it is impossible to integrate all the functions.

Salary - Poor

+4 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IIFL Home Finance Credit Head Salary FAQs

How the salary growth look like for a Credit Head at IIFL Home Finance in India?

The salary growth for a Credit Head at IIFL Home Finance depends on factors such as experience, performance, and promotions. On average, a Credit Head can expect the following growth trajectory at IIFL Home Finance:

Experience	Average Salary Range
6 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
7 years	₹6.0 Lakhs to ₹7.6 Lakhs per year
8 years	₹6.0 Lakhs to ₹7.6 Lakhs per year

and so on.

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IIFL Home Finance Credit Head Salaries

IIFL Home Finance Credit Head salary in India ranges between ₹5.8 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IIFL Home Finance latest salaries received from various employees of IIFL Home Finance.