IIFL Finance Loan Manager Salaries by 100+ Employees (Updated 2024)

2 - 8 years exp.

₹2.1 Lakhs - ₹5 Lakhs

Salary of majority employees

6% less than the average Loan Manager Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting Loan Manager Salary 2 - 8 years exp. (51 salaries)	₹2.5 L/yr - ₹5 L/yr
Customer Success, Service & Operations Loan Manager Salary 2 - 8 years exp. (40 salaries)	₹2.1 L/yr - ₹4.5 L/yr
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BFSI, Investments & Trading Loan Manager Salary 2 - 7 years exp. (32 salaries)	₹2.4 L/yr - ₹4.7 L/yr
Sales & Business Development Loan Manager Salary 2 - 7 years exp. (16 salaries)	₹2.8 L/yr - ₹4.5 L/yr
Marketing & Communication Loan Manager Salary 5 - 7 years exp. (8 salaries)	₹3.7 L/yr - ₹5 L/yr

Last Updated: 8 Dec 2024

Companies similar to IIFL Finance for Loan Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Loan Manager Salary 1 - 7 years exp. (25 salaries)	₹2.5 L/yr - ₹4 L/yr 11% less
Manappuram Finance Loan Manager Salary 1 - 6 years exp. (4 salaries)	₹1 L/yr - ₹5 L/yr 12% less
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Mahindra Finance Loan Manager Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 8% more
HDB Financial Services Loan Manager Salary 2 - 12 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 7% less
Rupeek Loan Manager Salary 0 - 12 years exp. (377 salaries)	₹2.4 L/yr - ₹5 L/yr 8% more

Loan Manager salary at IIFL Finance ranges between ₹2.1 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 184 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Loan Manager salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
2 years (26 salaries)	₹2.1 L/yr - ₹4.2 L/yr
3 years (35 salaries)	₹2.4 L/yr - ₹4.5 L/yr
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4 years (42 salaries)	₹2.5 L/yr - ₹4.6 L/yr
5 years (41 salaries)	₹2.8 L/yr - ₹5 L/yr
6 years (17 salaries)	₹3.1 L/yr - ₹5 L/yr
7 years (15 salaries)	₹3 L/yr - ₹4.6 L/yr
8 years (8 salaries)	₹3.5 L/yr - ₹5 L/yr

View all

Similar Designation salaries in IIFL Finance

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Deputy Manager Salary

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Team Lead Salary

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Area Sales Manager Salary

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Accountant Salary

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Branch Head Salary

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₹3 L/yr - ₹7.15 L/yr

Top skills at IIFL Finance for Loan Manager

Gold Loan gold Sales Field Sales Lead Generation Finance NBFC Cross Sales English Grievance Handling Field Work Sales Management Marketing Hindi Cross Selling

Salary related reviews for IIFL Finance

3.7

Rated by 34 employees for salary & benefits

Loan Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 14 Jul 2021

3.0

for Salary and Benefits

Likes

Company gives every year diwali bonus which is deducted from your salary

Dislikes

In the interview the HR said that you only make loans against the gold but did not tell about self sourcing targets which is disgusting

Loan Manager in Puducherry/Pondicherry, Puducherry

Full Time

Sales & Business Development Department

1.0

• posted on 21 May 2023

5.0

for Salary and Benefits

Likes

Only salary and incentives is ok

Dislikes

when they recruited for LM they told us that they give leads and having 30% sales but they didn't gave any lead. Cornering employees, traveling allowance not giving, induction training was given by only video, operation process not get trained

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

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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 Loan Manager Salary FAQs

What is the salary of Loan Manager at IIFL Finance?

Loan Manager salary at IIFL Finance in India ranges between ₹2.1 Lakhs to ₹5.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 6% less than the average Loan Manager Salary in India. Salary estimates are based on 184 latest salaries received from various employees of IIFL Finance India.

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

The average salary of a Loan Manager at IIFL Finance is 6% less than the average salary of a Loan Manager in India. To know exact salary insights, login to view.

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

Gold Loan, gold, Sales, Field Sales and Lead Generation are some of the popular skills required to work as a Loan Manager at IIFL Finance India.

Which similar companies are paying more than IIFL Finance to a Loan Manager in India?

Mahindra Finance Loan Manager Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Rupeek Loan Manager Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Loan Manager in companies similar to IIFL Finance in India?

HDB Financial Services Loan Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Muthoot Fincorp Loan Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Manappuram Finance Loan Manager Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Loan Manager at IIFL Finance in India?

The estimated take-home salary of a Loan Manager at IIFL Finance ranges between ₹26,752 per month to ₹28,165 per month in India. The take-home salary calculation is based on the average IIFL Finance Loan Manager salary in India which ranges between ₹2.1 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Loan Manager at IIFL Finance?

According to AmbitionBox, 45% of the IIFL Finance Loan Managers reported a notice period of 1 Month, 28% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 173 responses on AmbitionBox in last 2 years.

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IIFL Finance Loan Manager Salaries by Location

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IIFL Finance Loan Manager Salaries

IIFL Finance Loan Manager salary in India ranges between ₹2.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 184 IIFL Finance latest salaries received from various employees of IIFL Finance.

IIFL Finance Loan Manager salaries in India

Companies similar to IIFL Finance for Loan Manager

Latest annual salaries shared by IIFL Finance Loan Manager

Experience wise IIFL Finance Loan Manager salaries

Similar Designation salaries in IIFL Finance

Top skills at IIFL Finance for Loan Manager

Salary related reviews for IIFL Finance

Loan Manager in New Delhi

Loan Manager in Puducherry/Pondicherry, Puducherry

Branch Manager in Dholka

Branch Manager in Hyderabad / Secunderabad

Branch Credit Manager in Kolkata

IIFL Finance Loan Manager Salary FAQs

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IIFL Finance Loan Manager Salaries by Location