IIFL Finance Assistant Credit Manager Salaries by 10+ Employees

1 - 10 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Salary of majority employees

At par with the average Assistant Credit Manager Salary in NBFC Companies for 1 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Assistant Credit Manager Salary 1 - 9 years exp. (8 salaries)	₹3 L/yr - ₹5 L/yr
BFSI, Investments & Trading Assistant Credit Manager Salary 6 - 7 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr
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Risk Management & Compliance Assistant Credit Manager Salary 8 - 10 years exp. (3 salaries)	₹3.7 L/yr - ₹6.5 L/yr

Last Updated: 4 Sep 2024

Companies similar to IIFL Finance for Assistant Credit Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Assistant Credit Manager Salary 3 - 7 years exp. (5 salaries)	₹4.5 L/yr - ₹15.3 L/yr 142% more
Bajaj Finance Assistant Credit Manager Salary 1 - 6 years exp. (118 salaries)	₹2.2 L/yr - ₹6 L/yr 11% less	9 job openings
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Aavas Financiers Assistant Credit Manager Salary 0 - 8 years exp. (70 salaries)	₹3.1 L/yr - ₹6.6 L/yr 12% more
Mahindra Rural Housing Finance Assistant Credit Manager Salary 3 - 10 years exp. (62 salaries)	₹2.3 L/yr - ₹6 L/yr 4% more
Shriram Finance Assistant Credit Manager Salary 2 - 12 years exp. (58 salaries)	₹1.8 L/yr - ₹5.3 L/yr 18% less
Annapurna Finance Assistant Credit Manager Salary 2 - 8 years exp. (29 salaries)	₹2 L/yr - ₹4.5 L/yr 34% less
HDB Financial Services Assistant Credit Manager Salary 3 - 9 years exp. (15 salaries)	₹2.5 L/yr - ₹5 L/yr 13% less
Poonawalla Fincorp Assistant Credit Manager Salary 2 - 9 years exp. (15 salaries)	₹3.5 L/yr - ₹5.6 L/yr 2% more
Mahindra Finance Assistant Credit Manager Salary 3 - 9 years exp. (14 salaries)	₹3 L/yr - ₹6.3 L/yr 12% more
TVS Credit Assistant Credit Manager Salary 1 - 9 years exp. (13 salaries)	₹3.1 L/yr - ₹6.3 L/yr 3% more
Manappuram Finance Assistant Credit Manager Salary 4 - 8 years exp. (9 salaries)	₹3.1 L/yr - ₹5.5 L/yr 2% more
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Tata Capital Assistant Credit Manager Salary 1 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹7.8 L/yr 15% more
Tata Motors Finance Assistant Credit Manager Salary 1 - 3 years exp. (5 salaries)	₹3.8 L/yr - ₹6 L/yr 21% more
Muthoot Fincorp Assistant Credit Manager Salary 3 - 5 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 14% less
Piramal Capital Housing Finance Assistant Credit Manager Salary 7 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹4.4 L/yr 5% less
Muthoot Finance Assistant Credit Manager Salary 3 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹5 L/yr 3% less
SMFG India Credit Assistant Credit Manager Salary 1 - 2 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 37% less

Assistant Credit Manager salary at IIFL Finance ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 19 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Assistant Credit Manager salaries

Last Updated: 4 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹6.9 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (3 salaries)	₹3.6 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.6 L/yr
6 years (4 salaries)	₹1.7 L/yr - ₹5 L/yr
7 years (3 salaries)	₹4.3 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.4 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in IIFL Finance

Regional Credit Manager Salary

(11 salaries)

₹18 L/yr - ₹28.6 L/yr

Area Credit Manager Salary

(32 salaries)

₹5.17 L/yr - ₹19.18 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹6 L/yr - ₹8.16 L/yr

Branch Credit Manager Salary

(57 salaries)

₹1.75 L/yr - ₹7.74 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹27 L/yr - ₹42 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹5.7 L/yr - ₹8.7 L/yr

Credit Manager Salary

(179 salaries)

₹2.3 L/yr - ₹10.1 L/yr

Senior Credit Officer Salary

(7 salaries)

₹3.2 L/yr - ₹5 L/yr

Relationship Manager Salary

(415 salaries)

₹1.2 L/yr - ₹6 L/yr

Branch Manager Salary

(1k salaries)

₹2.2 L/yr - ₹8 L/yr

Salary related reviews for IIFL Finance

4.5

Rated by 2 employees for salary & benefits

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

Skill development - Excellent

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.

Salary - Bad

+4 more

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

Skill development - Excellent

+3 more

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 .

Job security - Poor

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

Salary - Good

+1 more

Dislikes

Heavy work pressure

Work satisfaction - Bad

+1 more

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

Salary - Bad

+5 more

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

Salary - Excellent

+2 more

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.

Job security - Bad

+2 more

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IIFL Finance Assistant Credit Manager Salary FAQs

What is the salary of Assistant Credit Manager at IIFL Finance ?

The average salary of a Assistant Credit Manager at IIFL Finance in India typically ranges from ₹3.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Assistant Credit Manager at IIFL Finance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Assistant Credit Manager Salaries at IIFL Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ IIFL Finance employees in India.

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

The estimated take-home salary of a Assistant Credit Manager at IIFL Finance in India typically ranges from ₹31,932 to ₹33,218 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of IIFL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIFL Finance for Assistant Credit Manager in India?

Edelweiss	₹4.5 Lakhs to ₹15.3 Lakhs per year
Tata Motors Finance	₹3.8 Lakhs to ₹6.0 Lakhs per year
Tata Capital	₹2.4 Lakhs to ₹7.8 Lakhs per year
Mahindra Finance	₹3.0 Lakhs to ₹6.3 Lakhs per year
Aavas Financiers	₹3.1 Lakhs to ₹6.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIFL Finance, depending on the role and experience level.

What is the salary of a Assistant Credit Manager in companies similar to IIFL Finance in India?

The salary of a Assistant Credit Manager at companies similar to IIFL Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Rural Housing Finance	₹2.3 Lakhs to ₹6.0 Lakhs per year
TVS Credit	₹3.1 Lakhs to ₹6.3 Lakhs per year
Manappuram Finance	₹3.1 Lakhs to ₹5.5 Lakhs per year
Poonawalla Fincorp	₹3.5 Lakhs to ₹5.6 Lakhs per year
Muthoot Finance	₹4.2 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Credit Manager at IIFL Finance in India?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹6.9 Lakhs per year
2 years	₹3.0 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.1 Lakhs per year

and so on.

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IIFL Finance Assistant Credit Manager Salaries

IIFL Finance Assistant Credit Manager salary in India ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 IIFL Finance latest salaries received from various employees of IIFL Finance.