IIFL Finance Ludhiana Credit Manager Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹4 Lakhs - ₹7.5 Lakhs

Salary of majority employees

25% less than the average Credit Manager Salary in NBFC Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 0 - 4 years exp. (3 salaries)	₹4 L/yr - ₹7.5 L/yr
Login to view exact salary
Finance & Accounting Credit Manager Salary Fresher (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.3 L/yr

Last Updated: 30 Jul 2023

Companies similar to IIFL Finance for Credit Manager in Ludhiana

IIFL Finance Credit Manager Salary

0 - 4 years exp. (4 salaries)

₹4 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Credit Manager Salary 2 - 9 years exp. (12 salaries)	₹4.1 L/yr - ₹11.2 L/yr 58% more
Edelweiss Credit Manager Salary 5 - 7 years exp. (3 salaries)	₹6.5 L/yr - ₹8.3 L/yr 49% more
Login to view exact salary
DCB Bank Credit Manager Salary 4 - 9 years exp. (9 salaries)	₹3.5 L/yr - ₹9 L/yr 33% more	17 job openings
Kotak Mahindra Prime Credit Manager Salary 2 - 5 years exp. (4 salaries)	₹5 L/yr - ₹7.2 L/yr 42% more
Capital Small Finance Bank Credit Manager Salary 7 - 12 years exp. (3 salaries)	₹4 L/yr - ₹6.7 L/yr 26% more

Credit Manager salary at IIFL Finance ranges between ₹4 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience 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 Ludhiana

Last Updated: 30 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr
1 year (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7.5 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.

Skill development - Excellent

+1 more

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.

Job security - Poor

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

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

Salary - Good

+1 more

Dislikes

Heavy work pressure

Work satisfaction - Bad

+1 more

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

Got a question about IIFL Finance?

Ask anonymously on communities.

IIFL Finance Credit Manager Salary FAQs

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

Credit Manager salary at IIFL Finance in Ludhiana ranges between ₹4.0 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 25% less than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance Ludhiana.

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

The average salary of a Credit Manager at IIFL Finance is 25% less than the average salary of a Credit Manager in Ludhiana. 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 Ludhiana.

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

IDFC FIRST Bank Credit Manager Salary - ₹4.1 Lakhs to ₹11.2 Lakhs per year
Edelweiss Credit Manager Salary - ₹6.5 Lakhs to ₹8.3 Lakhs per year
Kotak Mahindra Prime Credit Manager Salary - ₹5.0 Lakhs to ₹7.2 Lakhs per year
DCB Bank Credit Manager Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
Capital Small Finance Bank Credit Manager Salary - ₹4.0 Lakhs to ₹6.7 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IIFL Finance ranges between ₹37,572 per month to ₹38,774 per month in Ludhiana. The take-home salary calculation is based on the average IIFL Finance Credit Manager salary in India which ranges between ₹4.0 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

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

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

Tell us how to improve this page.

Home >
Salaries >
IIFL Finance Salaries >
IIFL Finance Credit Manager Salaries >
IIFL Finance Credit Manager Salaries in Ludhiana

IIFL Finance Credit Manager salary in Ludhiana ranges between ₹4 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.