IIFL Finance Ahmedabad Credit Manager Salaries by 4 Employees (Updated 2024)

1 - 4 years exp.

₹5 Lakhs - ₹7.5 Lakhs

Salary of majority employees

32% less than the average Credit Manager Salary in NBFC Companies for 1 - 4 years of experience

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Last Updated: 17 Aug 2023

Companies similar to IIFL Finance for Credit Manager in Ahmedabad

IIFL Finance Credit Manager Salary

1 - 4 years exp. (4 salaries)

₹5 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (149 salaries)	₹4 L/yr - ₹13.7 L/yr 54% more	4 job openings
ICICI Bank Credit Manager Salary 0 - 9 years exp. (142 salaries)	₹4.6 L/yr - ₹16 L/yr 91% more
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Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (86 salaries)	₹4.3 L/yr - ₹12.6 L/yr 66% more
Tata Capital Credit Manager Salary 4 - 10 years exp. (12 salaries)	₹5 L/yr - ₹14 L/yr 51% more	10 job openings
IndusInd Bank Credit Manager Salary 3 - 10 years exp. (8 salaries)	₹4 L/yr - ₹10.4 L/yr 29% more
Yes Bank Credit Manager Salary 0 - 10 years exp. (20 salaries)	₹6.5 L/yr - ₹14.5 L/yr 78% more	2 job openings
RBL Bank Credit Manager Salary 4 - 7 years exp. (4 salaries)	₹5.6 L/yr - ₹10.6 L/yr 17% more
HDB Financial Services Credit Manager Salary 1 - 9 years exp. (26 salaries)	₹2 L/yr - ₹7 L/yr 9% less
Aavas Financiers Credit Manager Salary 1 - 8 years exp. (11 salaries)	₹4.2 L/yr - ₹7.9 L/yr 10% more	3 job openings
Edelweiss Credit Manager Salary 1 - 7 years exp. (8 salaries)	₹4.7 L/yr - ₹9 L/yr 24% more
Aditya Birla Finance Credit Manager Salary 3 - 7 years exp. (8 salaries)	₹5.5 L/yr - ₹11.2 L/yr 35% more
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Shriram Finance Credit Manager Salary 5 - 10 years exp. (6 salaries)	₹3.2 L/yr - ₹9.5 L/yr 17% more	3 job openings
Poonawalla Fincorp Credit Manager Salary 5 - 8 years exp. (5 salaries)	₹4.5 L/yr - ₹8.4 L/yr 26% more	2 job openings
Mahindra Rural Housing Finance Credit Manager Salary 4 - 7 years exp. (3 salaries)	₹4.4 L/yr - ₹5 L/yr 15% less
L&T Finance Credit Manager Salary 5 - 7 years exp. (3 salaries)	₹6 L/yr - ₹9 L/yr 52% more
Annapurna Finance Credit Manager Salary 3 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.8 L/yr 18% less

Credit Manager salary at IIFL Finance ranges between ₹5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Credit Manager salaries in Ahmedabad

Last Updated: 17 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹7.5 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹7.5 L/yr
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3 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.5 L/yr

Similar Designation salaries in IIFL Finance

Branch Manager Salary

(87 salaries)

₹2.4 L/yr - ₹7 L/yr

Sales Manager Salary

(10 salaries)

₹3.05 L/yr - ₹8.65 L/yr

Deputy Manager Salary

(4 salaries)

₹4 L/yr - ₹8.65 L/yr

Credit Officer Salary

(3 salaries)

₹1.7 L/yr - ₹2.9 L/yr

Top skills at IIFL Finance for Credit Manager

Credit Underwriting Credit Appraisal Underwriting Credit Management SME Business Loan Credit Assessment Credit Analysis Personal Loans Credit Risk Credit TL Credit Monitoring Credit Risk Analysis Team Leading

Salary related reviews for IIFL Finance

Credit Manager in Kolkata, Shakespeare Sarani, 700017.

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2020

3.0

for Salary and Benefits

Likes

Teammates are supportive. Office environment are good & fair. Yearly hike in salary & bonus given. Company policy is workable & fair.

Dislikes

...n in current covid 19 period as well as they're given notice entire credit team.salary deducted , no bonus & hike given in last financial.

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.

see more salary related reviews

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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 Credit Manager Salary FAQs

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

Credit Manager salary at IIFL Finance in Ahmedabad ranges between ₹5.0 Lakhs to ₹7.5 Lakhs for experience between 1 years to 4 years. According to our estimates it is 32% less than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance Ahmedabad.

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

The average salary of a Credit Manager at IIFL Finance is 32% less than the average salary of a Credit Manager in Ahmedabad. To know exact salary insights, login to view.

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

Credit Underwriting, Credit Appraisal, Underwriting, Credit Management and SME are some of the popular skills required to work as a Credit Manager at IIFL Finance Ahmedabad.

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

ICICI Bank Credit Manager Salary - ₹4.6 Lakhs to ₹16.0 Lakhs per year
Yes Bank Credit Manager Salary - ₹6.5 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.3 Lakhs to ₹12.6 Lakhs per year
HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹13.7 Lakhs per year
L&T Finance Credit Manager Salary - ₹6.0 Lakhs to ₹9.0 Lakhs per year

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

Tata Capital Credit Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Finance Credit Manager Salary - ₹5.5 Lakhs to ₹11.2 Lakhs per year
IndusInd Bank Credit Manager Salary - ₹4.0 Lakhs to ₹10.4 Lakhs per year
Poonawalla Fincorp Credit Manager Salary - ₹4.5 Lakhs to ₹8.4 Lakhs per year
Edelweiss Credit Manager Salary - ₹4.7 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IIFL Finance ranges between ₹40,996 per month to ₹42,146 per month in Ahmedabad. The take-home salary calculation is based on the average IIFL Finance Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the IIFL Finance Credit Managers in Ahmedabad reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IIFL Finance Credit Manager Salaries in Ahmedabad

IIFL Finance Credit Manager salary in Ahmedabad ranges between ₹5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL Finance latest salaries received from various employees of IIFL Finance.