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IIFL Finance Credit Manager salaries in New Delhi (Updated 2025)

Annual salary range
1 - 7 years exp.
₹2.6 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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32% less than the average Credit Manager Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

Finance & Accounting
Credit Manager Salary
1 - 6 years exp. (8 salaries)
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₹2.6 L/yr - ₹8.2 L/yr

BFSI, Investments & Trading
Credit Manager Salary
2 - 7 years exp. (6 salaries)
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₹3.6 L/yr - ₹6.4 L/yr

Customer Success, Service & Operations
Credit Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹8.5 L/yr

Risk Management & Compliance
Credit Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹8.5 L/yr

Last Updated: 17 Mar 2025

Companies similar to IIFL Finance for Credit Manager in New Delhi

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IIFL Finance Credit Manager Salary

1 - 7 years exp. (19 salaries)

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₹2.6 L/yr - ₹8.5 L/yr

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Company name Avg Annual Salary Open Jobs
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HDB Financial Services Credit Manager Salary

0 - 10 years exp. (77 salaries)

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₹2 L/yr - ₹7.4 L/yr

arrow icon 18% less
1 job opening
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SMFG India Credit Credit Manager Salary

0 - 11 years exp. (64 salaries)

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₹2.8 L/yr - ₹10.1 L/yr

arrow icon 25% more
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Tata Capital Credit Manager Salary

0 - 11 years exp. (58 salaries)

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₹4 L/yr - ₹14.3 L/yr

arrow icon 63% more
7 job openings
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Aditya Birla Finance Credit Manager Salary

2 - 9 years exp. (33 salaries)

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₹4.6 L/yr - ₹10.4 L/yr

arrow icon 34% more
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₹5 L/yr - ₹8.7 L/yr

arrow icon 23% more
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Bajaj Finance Credit Manager Salary

2 - 8 years exp. (23 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 9% more
4 job openings
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Mahindra Finance Credit Manager Salary

5 - 14 years exp. (12 salaries)

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₹3.8 L/yr - ₹12.1 L/yr

arrow icon 69% more
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Shriram Finance Credit Manager Salary

2 - 12 years exp. (13 salaries)

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₹2.9 L/yr - ₹11.5 L/yr

arrow icon 43% more
2 job openings
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Poonawalla Fincorp Credit Manager Salary

1 - 8 years exp. (12 salaries)

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₹4.4 L/yr - ₹9 L/yr

arrow icon 34% more
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L&T Finance Credit Manager Salary

3 - 9 years exp. (12 salaries)

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₹5.5 L/yr - ₹13.1 L/yr

arrow icon 50% more
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Muthoot Finance Credit Manager Salary

0 - 11 years exp. (12 salaries)

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₹4.2 L/yr - ₹7 L/yr

At par
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Muthoot Fincorp Credit Manager Salary

1 - 11 years exp. (8 salaries)

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₹4 L/yr - ₹7.5 L/yr

arrow icon 5% less
1 job opening
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Satin Finserv Credit Manager Salary

3 - 7 years exp. (7 salaries)

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₹3.2 L/yr - ₹6.4 L/yr

arrow icon 19% less
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Fusion Microfinance Credit Manager Salary

4 - 8 years exp. (6 salaries)

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₹4.5 L/yr - ₹5.5 L/yr

arrow icon 18% less
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Aavas Financiers Credit Manager Salary

2 - 7 years exp. (5 salaries)

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₹4 L/yr - ₹7.1 L/yr

arrow icon 8% more
6 job openings
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Manappuram Finance Credit Manager Salary

2 - 9 years exp. (4 salaries)

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₹3.5 L/yr - ₹5 L/yr

arrow icon 25% less
Credit Manager salary at IIFL Finance ranges between ₹2.6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 19 latest salaries received from various employees of IIFL Finance.

Latest annual salaries shared by IIFL Finance Credit Manager in New Delhi

1w ago
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6 years exp.
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6 years exp.
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6 years exp.
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6 years exp.
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3 years exp.

Experience wise IIFL Finance Credit Manager salaries in New Delhi

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2.5 L/yr - ₹6 L/yr
2 years  (3 salaries)

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₹3.3 L/yr - ₹8.7 L/yr
3 years  (3 salaries)

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₹4 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹9.5 L/yr
5 years  (3 salaries)

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₹4.5 L/yr - ₹6.6 L/yr
View all

Similar Designation salaries in IIFL Finance

Branch Manager Salary
(149 salaries)
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₹3 L/yr - ₹8 L/yr
Sales Manager Salary
(37 salaries)
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₹2.7 L/yr - ₹6.2 L/yr
Deputy Manager Salary
(20 salaries)
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₹3.6 L/yr - ₹8.85 L/yr
Credit Officer Salary
(7 salaries)
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₹2.6 L/yr - ₹4 L/yr
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₹7.5 L/yr - ₹14 L/yr
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₹27 L/yr - ₹30 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

3.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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.

read more
  • Job security - Poor

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.

read more
  • Salary - Bad
  • +4 more

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

read more
  • 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 .

read more
  • Job security - Poor

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

read more
  • Salary - Good
  • +1 more

Dislikes

Heavy work pressure

  • Work satisfaction - Bad
  • +1 more

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 %

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Dislikes

Senior behaviour with junior

  • Salary - Bad
  • +5 more
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IIFL Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at IIFL Finance in New Delhi?
The average salary of a Credit Manager at IIFL Finance in New Delhi typically ranges from ₹2.6 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Credit Manager in New Delhi at IIFL Finance earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.5 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 10+ IIFL Finance employees in India.
What is the estimated take home salary of a Credit Manager at IIFL Finance in New Delhi?
The estimated take-home salary of a Credit Manager at IIFL Finance in New Delhi typically ranges from ₹41,840 to ₹42,978 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 1 year to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of IIFL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Credit Manager at IIFL Finance in New Delhi?
To be a Credit Manager at IIFL Finance in New Delhi, the key skills required include:

  • - 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.
Which companies offer higher salaries than IIFL Finance for Credit Manager in India?
Mahindra Finance ₹3.8 Lakhs to ₹12.1 Lakhs per year
Tata Capital ₹4.0 Lakhs to ₹14.3 Lakhs per year
L&T Finance ₹5.5 Lakhs to ₹13.1 Lakhs per year
Shriram Finance ₹2.9 Lakhs to ₹11.5 Lakhs per year
Poonawalla Fincorp ₹4.4 Lakhs to ₹9.0 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.
What is the salary of a Credit Manager in companies similar to IIFL Finance in New Delhi?
The salary of a Credit Manager at companies similar to IIFL Finance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Finance ₹4.6 Lakhs to ₹10.4 Lakhs per year
SMFG India Credit ₹2.8 Lakhs to ₹10.1 Lakhs per year
Piramal Capital Housing Finance ₹5.0 Lakhs to ₹8.7 Lakhs per year
Bajaj Finance ₹3.5 Lakhs to ₹8.0 Lakhs per year
Aavas Financiers ₹4.0 Lakhs to ₹7.1 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.
How the salary growth look like for a Credit Manager at IIFL Finance in New Delhi?
The salary growth for a Credit Manager at IIFL Finance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Credit Manager in New Delhi can expect the following growth trajectory at IIFL Finance:

Experience Average Salary Range
1 year ₹2.5 Lakhs to ₹6.0 Lakhs per year
2 years ₹3.3 Lakhs to ₹8.7 Lakhs per year
3 years ₹4.0 Lakhs to ₹6.0 Lakhs per year
4 years ₹4.1 Lakhs to ₹9.5 Lakhs per year
and so on.

Tell us how to improve this page.

IIFL Finance Credit Manager salary in New Delhi ranges between ₹2.6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 IIFL Finance latest salaries received from various employees of IIFL Finance.