IIFL Finance Cluster Credit Head Salaries by 6 Employees (Updated 2024)

6 - 18 years exp.

₹10 Lakhs - ₹19.3 Lakhs

Low Confidence

Salary of majority employees

38% more than the average Cluster Credit Head Salary in NBFC Companies for 6 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Head Salary 13 - 18 years exp. (5 salaries)	₹15 L/yr - ₹19.3 L/yr
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Risk Management & Compliance Cluster Credit Head Salary 6 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 12 Aug 2024

Companies similar to IIFL Finance for Cluster Credit Head

Company name	Avg Annual Salary	Open Jobs
Edelweiss Cluster Credit Head Salary 7 - 9 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 22% less
CSB Bank Cluster Credit Head Salary 10 - 19 years exp. (9 salaries)	₹8 L/yr - ₹11.5 L/yr 34% less
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IIFL Home Finance Cluster Credit Head Salary 10 - 12 years exp. (4 salaries)	₹9.3 L/yr - ₹16 L/yr 5% less
Unimoni Cluster Credit Head Salary 7 - 15 years exp. (4 salaries)	₹5.7 L/yr - ₹6.6 L/yr 58% less
Fino Finance Cluster Credit Head Salary 7 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹5.5 L/yr 65% less

Cluster Credit Head salary at IIFL Finance ranges between ₹10 Lakhs to ₹19.3 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Cluster Credit Head salaries

Last Updated: 12 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
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8 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
9 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.7 L/yr
10 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
11 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
12 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
13 years (AmbitionBox Estimate)	₹15 L/yr - ₹27.3 L/yr
14 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
15+ years (4 salaries)	₹16 L/yr - ₹19.3 L/yr

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Salary related reviews for IIFL Finance

Cluster Head in Bhopal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 19 Nov 2024

4.0

for Salary and Benefits

Likes

Thats a good place where you actually feel like doing service not a servant. From logical goals to compensation and office timing, all very good. (Writing basis my tenure with IIFL till Mar 2020)

Dislikes

A bit uncertainty in policy, one at top level can change policy immediately without any proper communication.

Assistant Manager in New Delhi

Full Time

Other Department

5.0

• posted on 12 Nov 2024

4.0

for Salary and Benefits

Likes

We gets good increments We gets promotion We gets salary on time.

Dislikes

When we ask to the manager for the the leave their denied to grant leave but maneger takes leave all the time without any planning. Company should also think about the insentive structure where other company gives good inactives to their employees our company can't l.

Assistant Manager in Hyderabad / Secunderabad

Full Time

Other Department

1.0

• posted on 05 Nov 2024

1.0

for Salary and Benefits

Likes

I like chair's in the branch

Dislikes

Every thing , Even we provide to our own money to buy lunch our higher authorities, no one can not pay single penny, Work pressure, They also don't know how many products and they can't explain to staff also, They believe in who is satisfied them, no salary increments for hard workrs, Worst office culture.

Assistant Manager in Tirupati

Full Time

Sales & Business Development Department

3.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

The company is expend more on its security.

Dislikes

The company is bother employees. incentives not given to the employees. and salary also very low to employees who are loyal to company. New joiners will get best package but existing employees will not get any hike. They will work years but no hike. The company is very terrible in view of its approach towards employees. How to live the employees with a low salary in the cost of living is so high.

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.

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Salary Discussions, Hike & Promotions

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 Finance Cluster Credit Head Salary FAQs

What is the salary of Cluster Credit Head at IIFL Finance?

Cluster Credit Head salary at IIFL Finance in India ranges between ₹10.0 Lakhs to ₹19.3 Lakhs for experience between 6 years to 18 years. According to our estimates it is 38% more than the average Cluster Credit Head Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IIFL Finance India.

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

The average salary of a Cluster Credit Head at IIFL Finance is 38% more than the average salary of a Cluster Credit Head in India. To know exact salary insights, login to view.

What is the salary of a Cluster Credit Head in companies similar to IIFL Finance in India?

IIFL Home Finance Cluster Credit Head Salary - ₹9.3 Lakhs to ₹16.0 Lakhs per year
Edelweiss Cluster Credit Head Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
CSB Bank Cluster Credit Head Salary - ₹8.0 Lakhs to ₹11.5 Lakhs per year
Unimoni Cluster Credit Head Salary - ₹5.7 Lakhs to ₹6.6 Lakhs per year
Fino Finance Cluster Credit Head Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Head at IIFL Finance ranges between ₹1,00,057 per month to ₹1,02,780 per month in India. The take-home salary calculation is based on the average IIFL Finance Cluster Credit Head salary in India which ranges between ₹10.0 Lakhs to ₹19.3 Lakhs per year for employees with experience between 6 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Head at IIFL Finance?

According to AmbitionBox, 67% of the IIFL Finance Cluster Credit Heads reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IIFL Finance Cluster Credit Head Salaries

IIFL Finance Cluster Credit Head salary in India ranges between ₹10 Lakhs to ₹19.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IIFL Finance latest salaries received from various employees of IIFL Finance.