IIFL Finance Gurgaon / Gurugram Credit Manager Salaries by 10+ Employees (Updated 2024)

0 - 6 years exp.

₹3.3 Lakhs - ₹7.2 Lakhs

Salary of majority employees

45% less than the average Credit Manager Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 0 - 6 years exp. (6 salaries)	₹3.3 L/yr - ₹7 L/yr
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BFSI, Investments & Trading Credit Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.8 L/yr

Last Updated: 14 Mar 2023

Companies similar to IIFL Finance for Credit Manager in Gurgaon / Gurugram

IIFL Finance Credit Manager Salary

0 - 6 years exp. (11 salaries)

₹3.3 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Credit Manager Salary 0 - 8 years exp. (36 salaries)	₹4.2 L/yr - ₹14.5 L/yr 85% more
IndusInd Bank Credit Manager Salary 5 - 9 years exp. (5 salaries)	₹6 L/yr - ₹11.3 L/yr 72% more
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RBL Bank Credit Manager Salary 4 - 8 years exp. (3 salaries)	₹5.3 L/yr - ₹8.2 L/yr 26% more
Mahindra Finance Credit Manager Salary 5 - 7 years exp. (3 salaries)	₹6.4 L/yr - ₹13 L/yr 75% more
IIFL Home Finance Credit Manager Salary 0 - 6 years exp. (18 salaries)	₹3.5 L/yr - ₹4.5 L/yr 15% less

Credit Manager salary at IIFL Finance ranges between ₹3.3 Lakhs to ₹7.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 11 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Credit Manager salaries in Gurgaon / Gurugram

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹7 L/yr
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2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.1 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.2 L/yr

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Similar Designation salaries in IIFL Finance

Deputy Manager Salary

(7 salaries)

₹3.9 L/yr - ₹9.25 L/yr

Sales Manager Salary

(6 salaries)

₹3.5 L/yr - ₹4.25 L/yr

Credit Analyst Salary

(3 salaries)

₹2.6 L/yr - ₹5.6 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

3.9

Rated by 6 employees for salary & benefits

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 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.

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

see more salary related reviews

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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 Credit Manager Salary FAQs

What is the salary of Credit Manager at IIFL Finance Gurgaon / Gurugram?

Credit Manager salary at IIFL Finance in Gurgaon / Gurugram ranges between ₹3.3 Lakhs to ₹7.2 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 45% less than the average Credit Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of IIFL Finance Gurgaon / Gurugram.

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

The average salary of a Credit Manager at IIFL Finance is 45% less than the average salary of a Credit Manager in Gurgaon / Gurugram. 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 Gurgaon / Gurugram.

Which similar companies are paying more than IIFL Finance to a Credit Manager in Gurgaon / Gurugram?

Kotak Mahindra Bank Credit Manager Salary - ₹4.2 Lakhs to ₹14.5 Lakhs per year
Mahindra Finance Credit Manager Salary - ₹6.4 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank Credit Manager Salary - ₹6.0 Lakhs to ₹11.3 Lakhs per year
RBL Bank Credit Manager Salary - ₹5.3 Lakhs to ₹8.2 Lakhs per year

What is the salary of a Credit Manager in companies similar to IIFL Finance in Gurgaon / Gurugram?

IIFL Home Finance Credit Manager Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IIFL Finance ranges between ₹36,529 per month to ₹37,746 per month in Gurgaon / Gurugram. The take-home salary calculation is based on the average IIFL Finance Credit Manager salary in India which ranges between ₹3.3 Lakhs to ₹7.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at IIFL Finance in Gurgaon / Gurugram?

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

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IIFL Finance Credit Manager Salaries in Gurgaon / Gurugram

IIFL Finance Credit Manager salary in Gurgaon / Gurugram ranges between ₹3.3 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 IIFL Finance latest salaries received from various employees of IIFL Finance.