IIFL Home Finance Credit Officer Salaries by 10+ Employees (Updated 2024)

1 - 4 years exp.

₹2 Lakhs - ₹3.3 Lakhs

Salary of majority employees

30% less than the average Credit Officer Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 1 - 4 years exp. (10 salaries)	₹2 L/yr - ₹3.3 L/yr
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BFSI, Investments & Trading Credit Officer Salary 1 - 4 years exp. (7 salaries)	₹2.1 L/yr - ₹3 L/yr

Last Updated: 17 Sep 2023

Companies similar to IIFL Home Finance for Credit Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Officer Salary 1 - 8 years exp. (336 salaries)	₹1.3 L/yr - ₹4 L/yr 3% more
Piramal Capital Housing Finance Credit Officer Salary 0 - 5 years exp. (21 salaries)	₹1.9 L/yr - ₹6.5 L/yr 38% more
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Tata Capital Credit Officer Salary 0 - 6 years exp. (20 salaries)	₹2.5 L/yr - ₹5 L/yr 29% more	2 job openings
Sammaan Capital Limited Credit Officer Salary 0 - 8 years exp. (163 salaries)	₹1.7 L/yr - ₹3.8 L/yr 15% more
PNB Housing Finance Credit Officer Salary 2 - 7 years exp. (8 salaries)	₹2 L/yr - ₹3.5 L/yr 8% more
Edelweiss Credit Officer Salary 0 - 9 years exp. (235 salaries)	₹2 L/yr - ₹4.4 L/yr 33% more
Aditya Birla Housing Finance Credit Officer Salary 1 - 11 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 51% more
L&T Finance Credit Officer Salary 1 - 6 years exp. (46 salaries)	₹1.8 L/yr - ₹4 L/yr 34% more
Bajaj Housing Finance Credit Officer Salary 0 - 4 years exp. (140 salaries)	₹1.8 L/yr - ₹3.1 L/yr 5% less
Shubham Housing Development Finance Credit Officer Salary 1 - 7 years exp. (117 salaries)	₹2 L/yr - ₹4 L/yr 19% more
InCred Finance Credit Officer Salary 0 - 6 years exp. (55 salaries)	₹2 L/yr - ₹4.5 L/yr 32% more
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SBFC Finance Credit Officer Salary 0 - 6 years exp. (32 salaries)	₹2 L/yr - ₹4 L/yr 24% more
Vastu Housing Finance Credit Officer Salary 0 - 5 years exp. (25 salaries)	₹2.6 L/yr - ₹4 L/yr 24% more
Dhani Loans and Services Credit Officer Salary 1 - 6 years exp. (22 salaries)	₹2.1 L/yr - ₹3.5 L/yr 6% more
Tata Capital Housing Finance Credit Officer Salary 2 - 6 years exp. (21 salaries)	₹2.6 L/yr - ₹3.8 L/yr 31% more
Hero FinCorp Credit Officer Salary 2 - 8 years exp. (20 salaries)	₹1.8 L/yr - ₹5 L/yr 62% more
Kotak Mahindra Prime Credit Officer Salary 0 - 5 years exp. (17 salaries)	₹1.6 L/yr - ₹2.7 L/yr 13% less
Fedbank Financial Services Credit Officer Salary 0 - 7 years exp. (17 salaries)	₹2.5 L/yr - ₹4.3 L/yr 33% more
Indostar Capital Finance Credit Officer Salary 0 - 8 years exp. (16 salaries)	₹2 L/yr - ₹4.5 L/yr 35% more
Hinduja Housing Finance Credit Officer Salary 0 - 2 years exp. (15 salaries)	₹2 L/yr - ₹4 L/yr 40% more

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Credit Officer salary at IIFL Home Finance ranges between ₹2 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 19 latest salaries received from various employees of IIFL Home Finance.

Experience wise IIFL Home Finance Credit Officer salaries

Last Updated: 17 Sep 2023

Experience	Avg Annual Salary
1 year (6 salaries)	₹2 L/yr - ₹3 L/yr
2 years (6 salaries)	₹2 L/yr - ₹3 L/yr
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3 years (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr
4 years (3 salaries)	₹2.5 L/yr - ₹3.3 L/yr

Similar Designation salaries in IIFL Home Finance

Credit Manager Salary

(81 salaries)

₹2.56 L/yr - ₹8.15 L/yr

Sales Officer Salary

(39 salaries)

₹2 L/yr - ₹3.9 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹23.9 L/yr - ₹30.5 L/yr

Senior Credit Officer Salary

(6 salaries)

₹3.4 L/yr - ₹4.3 L/yr

Officer Salary

(4 salaries)

₹1.5 L/yr - ₹3 L/yr

Credit Underwriter Salary

(5 salaries)

₹4.25 L/yr - ₹5 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Area Credit Manager Salary

(15 salaries)

₹10.5 L/yr - ₹16.05 L/yr

Branch Manager Salary

(56 salaries)

₹3.5 L/yr - ₹8 L/yr

Deputy Manager Salary

(28 salaries)

₹4.6 L/yr - ₹10.5 L/yr

Salary related reviews for IIFL Home Finance

3.3

Rated by 5 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.

see more salary related reviews

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a technical project manager

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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 Officer Salary FAQs

What is the salary of Credit Officer at IIFL Home Finance?

Credit Officer salary at IIFL Home Finance in India ranges between ₹2.0 Lakhs to ₹3.3 Lakhs for experience between 1 years to 4 years. According to our estimates it is 30% less than the average Credit Officer Salary in India. Salary estimates are based on 19 latest salaries received from various employees of IIFL Home Finance India.

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

The average salary of a Credit Officer at IIFL Home Finance is 30% less than the average salary of a Credit Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than IIFL Home Finance to a Credit Officer in India?

Hero FinCorp Credit Officer Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
Ugro Capital Credit Officer Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year
Aditya Birla Housing Finance Credit Officer Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Hinduja Housing Finance Credit Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Piramal Capital Housing Finance Credit Officer Salary - ₹1.9 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Credit Officer in companies similar to IIFL Home Finance in India?

Indostar Capital Finance Credit Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
L&T Finance Credit Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
Fedbank Financial Services Credit Officer Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year
Edelweiss Credit Officer Salary - ₹2.0 Lakhs to ₹4.4 Lakhs per year
InCred Finance Credit Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Credit Officer at IIFL Home Finance ranges between ₹17,586 per month to ₹19,285 per month in India. The take-home salary calculation is based on the average IIFL Home Finance Credit Officer salary in India which ranges between ₹2.0 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at IIFL Home Finance?

According to AmbitionBox, 50% of the IIFL Home Finance Credit Officers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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IIFL Home Finance Credit Officer Salaries by Location

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IIFL Home Finance Credit Officer Salaries

IIFL Home Finance Credit Officer salary in India ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 IIFL Home Finance latest salaries received from various employees of IIFL Home Finance.