IIFL Home Finance Chennai Credit Manager Salaries by 3 Employees (Updated 2024)

0 - 8 years exp.

₹4 Lakhs - ₹4.6 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Credit Manager Salary in NBFC Companies for 0 - 8 years of experience

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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. (3 salaries)

₹4 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (164 salaries)	₹2 L/yr - ₹10 L/yr 55% more	3 job openings
Tata Capital Credit Manager Salary 1 - 8 years exp. (11 salaries)	₹4.1 L/yr - ₹8.6 L/yr 87% more	10 job openings
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PNB Housing Finance Credit Manager Salary 5 - 11 years exp. (4 salaries)	₹5.6 L/yr - ₹10.3 L/yr 100% more
Edelweiss Credit Manager Salary 0 - 8 years exp. (10 salaries)	₹5.5 L/yr - ₹12 L/yr 66% more
L&T Finance Credit Manager Salary 2 - 5 years exp. (3 salaries)	₹4.8 L/yr - ₹9 L/yr 98% more
Kotak Mahindra Prime Credit Manager Salary 2 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹9.8 L/yr 55% more
Bajaj Housing Finance Credit Manager Salary 1 - 7 years exp. (6 salaries)	₹2.7 L/yr - ₹4.7 L/yr 6% more
Ugro Capital Credit Manager Salary 6 - 9 years exp. (6 salaries)	₹5 L/yr - ₹9 L/yr 52% more	4 job openings
Tata Capital Housing Finance Credit Manager Salary 6 - 8 years exp. (5 salaries)	₹5.6 L/yr - ₹9 L/yr 88% more
Vistaar Finance Credit Manager Salary 1 - 11 years exp. (4 salaries)	₹4.2 L/yr - ₹6 L/yr 33% more
Hinduja Leyland Finance Credit Manager Salary 4 - 10 years exp. (4 salaries)	₹4 L/yr - ₹8.6 L/yr 63% more
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Credit Manager salary at IIFL Home Finance ranges between ₹4 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience 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 Manager salaries in Chennai

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹7.7 L/yr
1 year (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.6 L/yr

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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

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.

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 .

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

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 .

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

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...

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.

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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IIFL Home Finance Credit Manager Salary FAQs

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

According to AmbitionBox, 60% of the IIFL Home Finance Credit Managers in Chennai reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 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 ₹4.6 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.