IIFL Finance Senior Credit Officer Salaries by 7 Employees

2 - 5 years exp.

₹3.2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Senior Credit Officer Salary in NBFC Companies for 2 - 5 years of experience

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Salaries in different departments

Finance & Accounting Senior Credit Officer Salary 2 - 4 years exp. (3 salaries)	₹3.2 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Senior Credit Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.5 L/yr

Last Updated: 16 Dec 2024

Companies similar to IIFL Finance for Senior Credit Officer

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Senior Credit Officer Salary 1 - 5 years exp. (53 salaries)	₹2 L/yr - ₹4.3 L/yr 33% less
SMFG India Credit Senior Credit Officer Salary 0 - 8 years exp. (10 salaries)	₹1.4 L/yr - ₹3 L/yr 50% less
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Fusion Microfinance Senior Credit Officer Salary 3 - 8 years exp. (8 salaries)	₹2.9 L/yr - ₹5.1 L/yr 24% less
Shriram Finance Senior Credit Officer Salary 4 - 8 years exp. (8 salaries)	₹2.1 L/yr - ₹4 L/yr 30% less
CreditAccess Grameen Senior Credit Officer Salary 5 - 11 years exp. (6 salaries)	₹3 L/yr - ₹4.9 L/yr 9% less
Mahindra Rural Housing Finance Senior Credit Officer Salary 0 - 2 years exp. (5 salaries)	₹2.7 L/yr - ₹3.7 L/yr 27% less
Muthoot Microfin Senior Credit Officer Salary 2 - 8 years exp. (5 salaries)	₹1.9 L/yr - ₹2.8 L/yr 53% less
Tata Capital Senior Credit Officer Salary 2 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹4.5 L/yr 10% less
Piramal Capital Housing Finance Senior Credit Officer Salary 2 - 8 years exp. (5 salaries)	₹2.5 L/yr - ₹3.7 L/yr 31% less
IIFL SAMASTA Senior Credit Officer Salary 4 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹4.3 L/yr 20% less
Aditya Birla Finance Senior Credit Officer Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 31% less
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SK Finance Limited Senior Credit Officer Salary 1 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹4.2 L/yr 19% less
HDB Financial Services Senior Credit Officer Salary 4 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 29% less
Satin Finserv Senior Credit Officer Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.4 L/yr 29% less
Poonawalla Fincorp Senior Credit Officer Salary 2 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹3.8 L/yr 29% less
Muthoot Fincorp Senior Credit Officer Salary 2 - 7 years exp. (3 salaries)	₹2.9 L/yr - ₹3.6 L/yr 30% less
Satin Creditcare Network Senior Credit Officer Salary 3 - 8 years exp. (3 salaries)	₹2.3 L/yr - ₹3 L/yr 39% less
TVS Credit Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹4 L/yr 30% less
Annapurna Finance Senior Credit Officer Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 50% less
Bajaj Finance Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	₹5.5 L/yr - ₹12 L/yr 69% more

Senior Credit Officer salary at IIFL Finance ranges between ₹3.2 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Senior Credit Officer salaries

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.5 L/yr
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4 years (3 salaries)	₹3.2 L/yr - ₹7.8 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr

Similar Designation salaries in IIFL Finance

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Regional Credit Manager Salary

(11 salaries)

₹18 L/yr - ₹28.6 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹27 L/yr - ₹42 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹5.7 L/yr - ₹8.7 L/yr

Area Credit Manager Salary

(32 salaries)

₹5.17 L/yr - ₹19.18 L/yr

Branch Credit Manager Salary

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₹1.75 L/yr - ₹6.87 L/yr

Sales Officer Salary

(116 salaries)

₹1.7 L/yr - ₹4.5 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹6 L/yr - ₹8.16 L/yr

Credit Manager Salary

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₹2.3 L/yr - ₹10.2 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for IIFL Finance

3.1

Rated by 3 employees for salary & benefits

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

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Oct 2018

5.0

for Salary and Benefits

Likes

Salary,learning

Salary - Excellent

+2 more

Dislikes

Work pressure is high, manager do not have value of person, senior does not guide only need business that's it. Job is not secure , mentaly pressure given by senior, company and top management is best but over all not satisfactory.

Job security - Bad

+2 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IIFL Finance Senior Credit Officer Salary FAQs

What is the salary of Senior Credit Officer at IIFL Finance ?

The average salary of a Senior Credit Officer at IIFL Finance in India typically ranges from ₹3.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Senior Credit Officer at IIFL Finance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Senior Credit Officer 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 7 IIFL Finance employees in India.

What is the estimated take home salary of a Senior Credit Officer at IIFL Finance in India?

The estimated take-home salary of a Senior Credit Officer at IIFL Finance in India typically ranges from ₹33,892 to ₹35,148 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 7 salaries received from various employees of IIFL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIFL Finance for Senior Credit Officer in India?

Bajaj Finance

₹5.5 Lakhs to ₹12.0 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 Senior Credit Officer in companies similar to IIFL Finance in India?

The salary of a Senior Credit Officer at companies similar to IIFL Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CreditAccess Grameen	₹3.0 Lakhs to ₹4.9 Lakhs per year
Tata Capital	₹3.5 Lakhs to ₹4.5 Lakhs per year
SK Finance Limited	₹3.2 Lakhs to ₹4.2 Lakhs per year
IIFL SAMASTA	₹3.2 Lakhs to ₹4.3 Lakhs per year
Fusion Microfinance	₹2.9 Lakhs to ₹5.1 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 Senior Credit Officer at IIFL Finance in India?

The salary growth for a Senior Credit Officer at IIFL Finance depends on factors such as experience, performance, and promotions. On average, a Senior Credit Officer can expect the following growth trajectory at IIFL Finance:

Experience	Average Salary Range
2 years	₹3.2 Lakhs to ₹7.2 Lakhs per year
3 years	₹4.0 Lakhs to ₹7.5 Lakhs per year
4 years	₹3.2 Lakhs to ₹7.8 Lakhs per year
5 years	₹1.8 Lakhs to ₹5.0 Lakhs per year

and so on.

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IIFL Finance Senior Credit Officer Salaries

IIFL Finance Senior Credit Officer salary in India ranges between ₹3.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IIFL Finance latest salaries received from various employees of IIFL Finance.