Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary20% 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.
(18
salaries)
|  ₹2.8 L/yr - ₹10.1 L/yr |
Finance & Accounting
Credit Manager Salary
0 - 9
years
exp.
(14
salaries)
| ₹5 L/yr - ₹9.5 L/yr |
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| |
Risk Management & Compliance
Credit Manager Salary
2 - 10
years
exp.
(5
salaries)
| ₹6.1 L/yr - ₹8.5 L/yr |
Companies similar to IIFL Finance for Credit Manager in Mumbai
IIFL Finance
Credit Manager Salary
0 - 10 years exp. (47 salaries) |  ₹2.8 L/yr - ₹10.1 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Piramal Capital Housing Finance Credit Manager Salary
1 - 13 years exp. (98 salaries) | ₹3 L/yr - ₹10 L/yr 
5%
more | |
 Tata Capital Credit Manager Salary
0 - 10 years exp. (78 salaries) | ₹3.7 L/yr - ₹12.4 L/yr
15%
more | 7 job openings |
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| ||
 SMFG India Credit Credit Manager Salary
1 - 12 years exp. (72 salaries) | ₹3.2 L/yr - ₹13.3 L/yr
17%
more | |
 Aditya Birla Finance Credit Manager Salary
0 - 10 years exp. (58 salaries) | ₹4.6 L/yr - ₹12.6 L/yr
12%
more | |
 HDB Financial Services Credit Manager Salary
1 - 13 years exp. (45 salaries) | ₹2.7 L/yr - ₹7 L/yr 
27%
less | 1 job opening |
 L&T Finance Credit Manager Salary
2 - 9 years exp. (20 salaries) | ₹6 L/yr - ₹14 L/yr
51%
more | |
 Bajaj Finance Credit Manager Salary
3 - 9 years exp. (15 salaries) | ₹4.4 L/yr - ₹8.7 L/yr
5%
less | 4 job openings |
 Mahindra Finance Credit Manager Salary
3 - 13 years exp. (12 salaries) | ₹4.7 L/yr - ₹12.7 L/yr
10%
more | |
 Muthoot Finance Credit Manager Salary
0 - 12 years exp. (12 salaries) | ₹3.5 L/yr - ₹6 L/yr
20%
less | 1 job opening |
 Aavas Financiers Credit Manager Salary
4 - 10 years exp. (11 salaries) | ₹3.8 L/yr - ₹7.6 L/yr
6%
less | 6 job openings |
 Poonawalla Fincorp Credit Manager Salary
0 - 6 years exp. (6 salaries) | ₹4.8 L/yr - ₹7.5 L/yr
5%
more | |
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| ||
 Tata Motors Finance Credit Manager Salary
0 - 12 years exp. (5 salaries) | ₹8 L/yr - ₹12.8 L/yr
39%
more | |
 Annapurna Finance Credit Manager Salary
4 - 9 years exp. (4 salaries) | ₹5 L/yr - ₹6.1 L/yr
18%
less | |
 Shriram Finance Credit Manager Salary
5 - 8 years exp. (3 salaries) | ₹5.8 L/yr - ₹8.7 L/yr
4%
less | 2 job openings |
Latest annual salaries shared by IIFL Finance Credit Manager in Mumbai
Experience wise IIFL Finance Credit Manager salaries in Mumbai
Last Updated: 16 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (7 salaries) |
₹5
L/yr
- ₹7.1
L/yr
|
| 1 year (5 salaries) |
₹2.8
L/yr
- ₹7
L/yr
|
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| |
| 2 years (8 salaries) |
₹5
L/yr
- ₹8.5
L/yr
|
| 3 years (6 salaries) |
₹2.8
L/yr
- ₹8.6
L/yr
|
| 4 years (8 salaries) |
₹5.5
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 in Mumbai at IIFL Finance earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹10.1 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 40+ 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.
| L&T Finance | ₹6.0 Lakhs to ₹14.0 Lakhs per year |
| Tata Motors Finance | ₹8.0 Lakhs to ₹12.8 Lakhs per year |
| SMFG India Credit | ₹3.2 Lakhs to ₹13.3 Lakhs per year |
| Tata Capital | ₹3.7 Lakhs to ₹12.4 Lakhs per year |
| Aditya Birla Finance | ₹4.6 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 | ₹4.7 Lakhs to ₹12.7 Lakhs per year |
| Piramal Capital Housing Finance | ₹3.0 Lakhs to ₹10.0 Lakhs per year |
| Poonawalla Fincorp | ₹4.8 Lakhs to ₹7.5 Lakhs per year |
| Shriram Finance | ₹5.8 Lakhs to ₹8.7 Lakhs per year |
| Bajaj Finance | ₹4.4 Lakhs to ₹8.7 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 | ₹5.0 Lakhs to ₹7.1 Lakhs per year |
| 1 year | ₹2.8 Lakhs to ₹7.0 Lakhs per year |
| 2 years | ₹5.0 Lakhs to ₹8.5 Lakhs per year |
| 3 years | ₹2.8 Lakhs to ₹8.6 Lakhs per year |
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IIFL Finance Credit Manager salary
in
Mumbai
ranges between ₹2.8
Lakhs to ₹10.1
Lakhs with an average annual salary of
₹. Salary estimates are based on
47
IIFL Finance latest salaries received from various employees of
IIFL Finance.