Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary24% less than the average Credit Manager Salary in NBFC Companies for 0 - 10 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Credit Manager Salary
0 - 9
years
exp.
(59
salaries)
|  ₹2.8 L/yr - ₹10.1 L/yr |
Finance & Accounting
Credit Manager Salary
0 - 10
years
exp.
(52
salaries)
| ₹2.6 L/yr - ₹10.2 L/yr |
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| |
Risk Management & Compliance
Credit Manager Salary
0 - 10
years
exp.
(15
salaries)
| ₹4.7 L/yr - ₹9.7 L/yr |
Customer Success, Service & Operations
Credit Manager Salary
0 - 8
years
exp.
(5
salaries)
| ₹3.3 L/yr - ₹8.5 L/yr |
Companies similar to IIFL Finance for Credit Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDB Financial Services Credit Manager Salary
0 - 12 years exp. (475 salaries) | ₹2 L/yr - ₹9 L/yr 
23%
less | 1 job opening |
 Tata Capital Credit Manager Salary
0 - 11 years exp. (457 salaries) | ₹4 L/yr - ₹13.1 L/yr 
37%
more | 7 job openings |
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| ||
 SMFG India Credit Credit Manager Salary
0 - 13 years exp. (345 salaries) | ₹2.4 L/yr - ₹10.9 L/yr
12%
more | |
 Aditya Birla Finance Credit Manager Salary
0 - 10 years exp. (313 salaries) | ₹3.9 L/yr - ₹12.6 L/yr
23%
more | |
 Piramal Capital Housing Finance Credit Manager Salary
1 - 13 years exp. (355 salaries) | ₹2.5 L/yr - ₹10 L/yr
15%
more | |
 Aavas Financiers Credit Manager Salary
1 - 10 years exp. (277 salaries) | ₹3 L/yr - ₹8.5 L/yr
1%
more | 5 job openings |
 Bajaj Finance Credit Manager Salary
1 - 9 years exp. (211 salaries) | ₹2.4 L/yr - ₹9 L/yr
2%
more | 4 job openings |
 Annapurna Finance Credit Manager Salary
2 - 10 years exp. (196 salaries) | ₹2.7 L/yr - ₹6.2 L/yr
27%
less | |
 Poonawalla Fincorp Credit Manager Salary
0 - 9 years exp. (152 salaries) | ₹4.2 L/yr - ₹11.6 L/yr
25%
more | |
 Shriram Finance Credit Manager Salary
0 - 12 years exp. (138 salaries) | ₹1.8 L/yr - ₹10.4 L/yr
8%
less | 2 job openings |
 IIFL SAMASTA Credit Manager Salary
1 - 11 years exp. (122 salaries) | ₹1 L/yr - ₹6.8 L/yr
29%
less | |
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| ||
 Mahindra Finance Credit Manager Salary
5 - 14 years exp. (91 salaries) | ₹2.7 L/yr - ₹13 L/yr
23%
more | |
 L&T Finance Credit Manager Salary
1 - 10 years exp. (90 salaries) | ₹3.6 L/yr - ₹14 L/yr
35%
more | |
 Mahindra Rural Housing Finance Credit Manager Salary
1 - 10 years exp. (84 salaries) | ₹2 L/yr - ₹8.5 L/yr
21%
less | |
 Muthoot Finance Credit Manager Salary
0 - 12 years exp. (73 salaries) | ₹3 L/yr - ₹7.2 L/yr
16%
less | |
 TVS Credit Credit Manager Salary
4 - 11 years exp. (49 salaries) | ₹3.3 L/yr - ₹8.8 L/yr
4%
less | |
 Muthoot Fincorp Credit Manager Salary
1 - 11 years exp. (40 salaries) | ₹3 L/yr - ₹7.5 L/yr
14%
less | 1 job opening |
 SK Finance Limited Credit Manager Salary
1 - 10 years exp. (41 salaries) | ₹2.8 L/yr - ₹6 L/yr
31%
less | |
 Manappuram Finance Credit Manager Salary
0 - 12 years exp. (32 salaries) | ₹3 L/yr - ₹6 L/yr
33%
less | |
 Tata Motors Finance Credit Manager Salary
0 - 12 years exp. (16 salaries) | ₹7.1 L/yr - ₹12.8 L/yr
47%
more | |
Latest annual salaries shared by IIFL Finance Credit Manager
Experience wise IIFL Finance Credit Manager salaries
Last Updated: 21 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (19 salaries) |
₹2.4
L/yr
- ₹7.1
L/yr
|
| 1 year (13 salaries) |
₹2.5
L/yr
- ₹6
L/yr
|
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| |
| 2 years (24 salaries) |
₹2.3
L/yr
- ₹9.2
L/yr
|
| 3 years (21 salaries) |
₹2.8
L/yr
- ₹8.6
L/yr
|
| 4 years (29 salaries) |
₹3
L/yr
- ₹9.5
L/yr
|
Similar Designation salaries in IIFL Finance
Top skills at IIFL Finance for Credit Manager
Salary related reviews for IIFL Finance
Discover interview dos and don'ts from real experiences
Top trending discussions
IIFL Finance Credit Manager Salary FAQs
The top 10% of Credit Manager at IIFL Finance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. 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 100+ IIFL Finance employees in India.
- - Credit Underwriting
- - Credit Appraisal
- - Underwriting
- - Credit Management
- - SME
These skills are highly valued at IIFL Finance and are crucial for successful performance in a Software Engineering role.
| Tata Motors Finance | ₹7.1 Lakhs to ₹12.8 Lakhs per year |
| Tata Capital | ₹4.0 Lakhs to ₹13.1 Lakhs per year |
| L&T Finance | ₹3.6 Lakhs to ₹14.0 Lakhs per year |
| Poonawalla Fincorp | ₹4.2 Lakhs to ₹11.6 Lakhs per year |
| Aditya Birla Finance | ₹3.9 Lakhs to ₹12.6 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.
| Mahindra Finance | ₹2.7 Lakhs to ₹13.0 Lakhs per year |
| Piramal Capital Housing Finance | ₹2.5 Lakhs to ₹10.0 Lakhs per year |
| SMFG India Credit | ₹2.4 Lakhs to ₹10.9 Lakhs per year |
| Bajaj Finance | ₹2.4 Lakhs to ₹9.0 Lakhs per year |
| Aavas Financiers | ₹3.0 Lakhs to ₹8.5 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹2.4 Lakhs to ₹7.1 Lakhs per year |
| 1 year | ₹2.5 Lakhs to ₹6.0 Lakhs per year |
| 2 years | ₹2.3 Lakhs to ₹9.2 Lakhs per year |
| 3 years | ₹2.8 Lakhs to ₹8.6 Lakhs per year |
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IIFL Finance Credit Manager salary
in
India
ranges between ₹2.3
Lakhs to ₹10.2
Lakhs with an average annual salary of
₹. Salary estimates are based on
177
IIFL Finance latest salaries received from various employees of
IIFL Finance.