IIFL Finance Mumbai Area Credit Manager Salaries by 10+ Employees (Updated 2025)

3 - 9 years exp.

₹9 Lakhs - ₹19.6 Lakhs

Salary of majority employees

At par with the average Area Credit Manager Salary in NBFC Companies for 3 - 9 years of experience

Interested in this particular role?

Last Updated: 13 Jan 2025

Companies similar to IIFL Finance for Area Credit Manager in Mumbai

IIFL Finance Area Credit Manager Salary

3 - 9 years exp. (12 salaries)

₹9 L/yr - ₹19.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Area Credit Manager Salary 4 - 11 years exp. (6 salaries)	₹10 L/yr - ₹15.1 L/yr 7% less
L&T Finance Area Credit Manager Salary 4 - 13 years exp. (32 salaries)	₹8 L/yr - ₹20 L/yr 3% less	2 job openings
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Tata Capital Area Credit Manager Salary 3 - 13 years exp. (19 salaries)	₹10.4 L/yr - ₹22.5 L/yr 36% more	13 job openings
Piramal Capital Housing Finance Area Credit Manager Salary 4 - 12 years exp. (19 salaries)	₹10 L/yr - ₹16.7 L/yr 3% more
HDB Financial Services Area Credit Manager Salary 8 - 17 years exp. (13 salaries)	₹7 L/yr - ₹16 L/yr 1% more
Poonawalla Fincorp Area Credit Manager Salary 4 - 13 years exp. (10 salaries)	₹5 L/yr - ₹18.7 L/yr 16% less
Aditya Birla Finance Area Credit Manager Salary 6 - 13 years exp. (6 salaries)	₹9 L/yr - ₹20.1 L/yr 5% more
Aavas Financiers Area Credit Manager Salary 6 - 11 years exp. (5 salaries)	₹6.7 L/yr - ₹11.5 L/yr 26% less

Area Credit Manager salary at IIFL Finance ranges between ₹9 Lakhs to ₹19.6 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 12 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Area Credit Manager salaries in Mumbai

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹16 L/yr
4 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹19 L/yr
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5 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹22.5 L/yr
6 years (3 salaries)	₹11.1 L/yr - ₹16.9 L/yr
7 years (3 salaries)	₹9 L/yr - ₹19.6 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹19.6 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹15.3 L/yr

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Similar Designation salaries in IIFL Finance

Branch Manager Salary

(81 salaries)

₹2.15 L/yr - ₹7 L/yr

Credit Manager Salary

(40 salaries)

₹2.8 L/yr - ₹10.1 L/yr

Sales Manager Salary

(14 salaries)

₹2.85 L/yr - ₹7.15 L/yr

Assistant Credit Manager Salary

(6 salaries)

₹3.65 L/yr - ₹6.5 L/yr

Credit Officer Salary

(3 salaries)

₹2.2 L/yr - ₹3.5 L/yr

Top skills at IIFL Finance for Area Credit Manager

Credit Underwriting

Salary related reviews for IIFL Finance

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

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.

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Branch Credit Manager in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 11 Jun 2023

4.0

for Salary and Benefits

Likes

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

Dislikes

Heavy work pressure

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

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

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Oct 2018

5.0

for Salary and Benefits

Likes

Salary,learning

Dislikes

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.

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Salary Discussions, Hike & Promotions

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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IIFL Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at IIFL Finance Mumbai?

Area Credit Manager salary at IIFL Finance in Mumbai ranges between ₹9.0 Lakhs to ₹19.6 Lakhs for experience between 3 years to 9 years. According to our estimates it is 2% more than the average Area Credit Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of IIFL Finance Mumbai.

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

The average salary of a Area Credit Manager at IIFL Finance is 2% more than the average salary of a Area Credit Manager in Mumbai. To know exact salary insights, login to view.

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

Credit Underwriting is a popular skill required to work as a Area Credit Manager at IIFL Finance.

Which similar companies are paying more than IIFL Finance to a Area Credit Manager in Mumbai?

Tata Capital Area Credit Manager Salary - ₹10.4 Lakhs to ₹22.5 Lakhs per year
Aditya Birla Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹20.1 Lakhs per year
Piramal Capital Housing Finance Area Credit Manager Salary - ₹10.0 Lakhs to ₹16.7 Lakhs per year
HDB Financial Services Area Credit Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to IIFL Finance in Mumbai?

L&T Finance Area Credit Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
Edelweiss Area Credit Manager Salary - ₹10.0 Lakhs to ₹15.1 Lakhs per year
Poonawalla Fincorp Area Credit Manager Salary - ₹5.0 Lakhs to ₹18.7 Lakhs per year
Aavas Financiers Area Credit Manager Salary - ₹6.7 Lakhs to ₹11.5 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at IIFL Finance ranges between ₹91,500 per month to ₹93,947 per month in Mumbai. The take-home salary calculation is based on the average IIFL Finance Area Credit Manager salary in India which ranges between ₹9.0 Lakhs to ₹19.6 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at IIFL Finance in Mumbai?

According to AmbitionBox, 100% of the IIFL Finance Area Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IIFL Finance Area Credit Manager Salaries in Mumbai

IIFL Finance Area Credit Manager salary in Mumbai ranges between ₹9 Lakhs to ₹19.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 IIFL Finance latest salaries received from various employees of IIFL Finance.