IIFL Finance Credit Executive Salaries by 5 Employees

3 - 7 years exp.

₹2 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

At par with the average Credit Executive Salary in NBFC Companies for 3 - 7 years of experience

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Salaries in different departments

Finance & Accounting Credit Executive Salary 3 - 6 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr
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BFSI, Investments & Trading Credit Executive Salary 3 - 7 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 1 Dec 2024

Companies similar to IIFL Finance for Credit Executive

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Credit Executive Salary 0 - 7 years exp. (141 salaries)	₹1.4 L/yr - ₹3.5 L/yr 2% more
Shriram Finance Credit Executive Salary 1 - 8 years exp. (83 salaries)	₹1.1 L/yr - ₹3.5 L/yr 2% less
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SMFG India Credit Credit Executive Salary 0 - 6 years exp. (53 salaries)	₹2.1 L/yr - ₹4.5 L/yr 26% more
HDB Financial Services Credit Executive Salary 0 - 3 years exp. (53 salaries)	₹1.2 L/yr - ₹3.2 L/yr 11% less
Tata Capital Credit Executive Salary 0 - 6 years exp. (44 salaries)	₹1.8 L/yr - ₹4 L/yr 16% more
L&T Finance Credit Executive Salary 1 - 6 years exp. (27 salaries)	₹2.3 L/yr - ₹3.5 L/yr 20% more
Aditya Birla Finance Credit Executive Salary 0 - 6 years exp. (25 salaries)	₹1.8 L/yr - ₹3.5 L/yr At par
TVS Credit Credit Executive Salary 0 - 6 years exp. (23 salaries)	₹1.2 L/yr - ₹2.5 L/yr 28% less
Mahindra Finance Credit Executive Salary 1 - 6 years exp. (21 salaries)	₹1.6 L/yr - ₹3.5 L/yr 4% less
Piramal Capital Housing Finance Credit Executive Salary 1 - 5 years exp. (20 salaries)	₹2 L/yr - ₹3.2 L/yr 7% more
Bajaj Finance Credit Executive Salary 1 - 4 years exp. (18 salaries)	₹2.2 L/yr - ₹4 L/yr 13% more
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Aavas Financiers Credit Executive Salary 2 - 3 years exp. (3 salaries)	₹1.3 L/yr - ₹2.6 L/yr 3% less
IIFL SAMASTA Credit Executive Salary 1 - 5 years exp. (8 salaries)	₹2.9 L/yr - ₹4.8 L/yr 25% more
Muthoot Microfin Credit Executive Salary 0 - 2 years exp. (7 salaries)	₹1.6 L/yr - ₹2.2 L/yr 30% less
Home Credit Finance Credit Executive Salary 2 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹3.2 L/yr 1% more
Spandana Sphoorty Financial Credit Executive Salary 1 - 3 years exp. (5 salaries)	₹2.4 L/yr - ₹3.1 L/yr At par
Satin Finserv Credit Executive Salary 1 - 4 years exp. (5 salaries)	₹1.9 L/yr - ₹3.5 L/yr 4% less
Muthoot Fincorp Credit Executive Salary 0 - 3 years exp. (4 salaries)	₹1.7 L/yr - ₹3.5 L/yr 9% more
Manappuram Finance Credit Executive Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 18% less
SK Finance Limited Credit Executive Salary 4 - 10 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr 27% less

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Credit Executive salary at IIFL Finance ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Credit Executive salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
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5 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.1 L/yr

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Finance Executive Salary

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₹1.8 L/yr - ₹4 L/yr

Relationship Executive Salary

(8 salaries)

₹2.5 L/yr - ₹3.81 L/yr

Team Lead Salary

(115 salaries)

₹0.95 L/yr - ₹5.85 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Accounts Executive Salary

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₹2.2 L/yr - ₹3 L/yr

Collection Officer Salary

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Branch Manager Salary

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Process Developer Salary

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Salary related reviews for IIFL Finance

3.7

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

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

Branch Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

3.0

• posted on 07 Sep 2022

2.0

for Salary and Benefits

Likes

Working location ,qualigues,good customers,auditors,time to time salary credit,timings

Company culture - Good

+1 more

Dislikes

No value to given old employees ,bonus deduct CTC,rating politics,role elevation not equal all employees ,hard work employees not suitable this job company,rating given to paritiolity

Salary - Poor

+2 more

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IIFL Finance Credit Executive Salary FAQs

What is the salary of Credit Executive at IIFL Finance ?

The average salary of a Credit Executive at IIFL Finance in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Credit Executive at IIFL Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Credit Executive 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 5 IIFL Finance employees in India.

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

The estimated take-home salary of a Credit Executive at IIFL Finance in India typically ranges from ₹18,427 to ₹20,114 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 years to 7 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 5 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 Credit Executive in India?

SMFG India Credit	₹2.1 Lakhs to ₹4.5 Lakhs per year
IIFL SAMASTA	₹2.9 Lakhs to ₹4.8 Lakhs per year
CreditAccess Grameen	₹2.7 Lakhs to ₹3.5 Lakhs per year
L&T Finance	₹2.3 Lakhs to ₹3.5 Lakhs per year
Tata Capital	₹1.8 Lakhs to ₹4.0 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 Credit Executive in companies similar to IIFL Finance in India?

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

Bajaj Finance	₹2.2 Lakhs to ₹4.0 Lakhs per year
Muthoot Fincorp	₹1.7 Lakhs to ₹3.5 Lakhs per year
Piramal Capital Housing Finance	₹2.0 Lakhs to ₹3.2 Lakhs per year
Mahindra Rural Housing Finance	₹1.4 Lakhs to ₹3.5 Lakhs per year
Home Credit Finance	₹2.5 Lakhs to ₹3.2 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 Credit Executive at IIFL Finance in India?

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

Experience	Average Salary Range
3 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.9 Lakhs per year
5 years	₹1.0 Lakhs to ₹3.0 Lakhs per year
6 years	₹1.1 Lakhs to ₹3.0 Lakhs per year

and so on.

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IIFL Finance Credit Executive Salaries

IIFL Finance Credit Executive salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IIFL Finance latest salaries received from various employees of IIFL Finance.