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

0 - 8 years exp.

₹4 Lakhs - ₹6 Lakhs

Salary of majority employees

46% less than the average Credit Manager Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 0 - 8 years exp. (3 salaries)	₹4 L/yr - ₹4.7 L/yr
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Finance & Accounting Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹6 L/yr

Last Updated: 16 Aug 2024

Companies similar to IIFL Home Finance for Credit Manager in Chennai

IIFL Home Finance Credit Manager Salary

0 - 8 years exp. (4 salaries)

₹4 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (178 salaries)	₹2.8 L/yr - ₹13 L/yr 75% more	4 job openings
Piramal Capital Housing Finance Credit Manager Salary 2 - 10 years exp. (7 salaries)	₹4.8 L/yr - ₹8.5 L/yr 55% more
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Tata Capital Credit Manager Salary 0 - 8 years exp. (12 salaries)	₹4.1 L/yr - ₹8.6 L/yr 76% more	6 job openings
PNB Housing Finance Credit Manager Salary 5 - 11 years exp. (4 salaries)	₹5.6 L/yr - ₹10.3 L/yr 91% more
Edelweiss Credit Manager Salary 0 - 8 years exp. (10 salaries)	₹5.5 L/yr - ₹12 L/yr 60% more
L&T Finance Credit Manager Salary 2 - 5 years exp. (3 salaries)	₹4.8 L/yr - ₹9 L/yr 86% more
Kotak Mahindra Prime Credit Manager Salary 2 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹9.8 L/yr 78% more
Ugro Capital Credit Manager Salary 6 - 9 years exp. (7 salaries)	₹5 L/yr - ₹9 L/yr 45% more
Bajaj Housing Finance Credit Manager Salary 1 - 7 years exp. (6 salaries)	₹2.7 L/yr - ₹5.1 L/yr 11% more
Vistaar Finance Credit Manager Salary 1 - 11 years exp. (5 salaries)	₹4.2 L/yr - ₹7 L/yr 25% more
Tata Capital Housing Finance Credit Manager Salary 6 - 8 years exp. (5 salaries)	₹5.6 L/yr - ₹9 L/yr 81% more
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Hinduja Leyland Finance Credit Manager Salary 4 - 10 years exp. (4 salaries)	₹4 L/yr - ₹8.6 L/yr 49% more

Credit Manager salary at IIFL Home Finance ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL Home Finance.

Experience wise IIFL Home Finance Credit Manager salaries in Chennai

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹8 L/yr
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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2 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.9 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹6 L/yr

View all

Similar Designation salaries in IIFL Home Finance

Location Head Salary

(3 salaries)

₹10 L/yr - ₹13.4 L/yr

Salary related reviews for IIFL Home Finance

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 22 Jul 2024

4.0

for Salary and Benefits

Likes

Working as a team Salary and other perks are good

Salary - Good

+3 more

Dislikes

Issue in granting leave to employees. If they grant leave then will have to do work most of the time. Need to carry your laptop. Officially Saturday is week off but need to work full day on Saturday.

Skill development - Poor

+1 more

Sales Manager in Dehradun

Full Time

Sales & Business Development Department

3.0

• posted on 20 Apr 2023

4.0

for Salary and Benefits

Likes

Company and Salary is good .

Salary - Good

Dislikes

Working environment was not good specially for my home branch where I was working. I worked and resigned within 3 months and no senior level person not even asked for my decision .Not only me others staff were also resigning from there post whenever the are getting any opportunity. Company profile was good, products were goods to sell in market but the local system was spoiling each and every thing

Skill development - Poor

+4 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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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 Home Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at IIFL Home Finance Chennai?

Credit Manager salary at IIFL Home Finance in Chennai ranges between ₹4.0 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 46% less than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL Home Finance Chennai.

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

The average salary of a Credit Manager at IIFL Home Finance is 46% less than the average salary of a Credit Manager in Chennai. To know exact salary insights, login to view.

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

PNB Housing Finance Credit Manager Salary - ₹5.6 Lakhs to ₹10.3 Lakhs per year
L&T Finance Credit Manager Salary - ₹4.8 Lakhs to ₹9.0 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹5.6 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindra Prime Credit Manager Salary - ₹4.5 Lakhs to ₹9.8 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.1 Lakhs to ₹8.6 Lakhs per year

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

HDFC Bank Credit Manager Salary - ₹2.8 Lakhs to ₹13.0 Lakhs per year
Edelweiss Credit Manager Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year
Piramal Capital Housing Finance Credit Manager Salary - ₹4.8 Lakhs to ₹8.5 Lakhs per year
Hinduja Leyland Finance Credit Manager Salary - ₹4.0 Lakhs to ₹8.6 Lakhs per year
Ugro Capital Credit Manager Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IIFL Home Finance ranges between ₹32,755 per month to ₹34,029 per month in Chennai. The take-home salary calculation is based on the average IIFL Home Finance Credit Manager salary in India which ranges between ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the IIFL Home Finance Credit Managers in Chennai reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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IIFL Home Finance Credit Manager Salaries in Chennai

IIFL Home Finance Credit Manager salary in Chennai ranges between ₹4 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL Home Finance latest salaries received from various employees of IIFL Home Finance.