IIFL SAMASTA Cluster Credit Manager Salaries by 40+ Employees (Updated 2025)

6 - 11 years exp.

₹5.5 Lakhs - ₹13.3 Lakhs

Salary of majority employees

13% less than the average Cluster Credit Manager Salary in NBFC Companies for 6 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 6 - 11 years exp. (13 salaries)	₹6 L/yr - ₹12 L/yr
Finance & Accounting Cluster Credit Manager Salary 6 - 10 years exp. (11 salaries)	₹5.9 L/yr - ₹11.6 L/yr
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Risk Management & Compliance Cluster Credit Manager Salary 7 - 11 years exp. (11 salaries)	₹5.5 L/yr - ₹13.3 L/yr

Last Updated: 8 Mar 2025

Companies similar to IIFL SAMASTA for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Piramal Capital Housing Finance Cluster Credit Manager Salary 6 - 20 years exp. (77 salaries)	₹7.7 L/yr - ₹19.7 L/yr 72% more
SMFG India Credit Cluster Credit Manager Salary 7 - 13 years exp. (53 salaries)	₹4.6 L/yr - ₹18.5 L/yr 19% more
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HDB Financial Services Cluster Credit Manager Salary 13 - 20 years exp. (40 salaries)	₹11.9 L/yr - ₹24 L/yr 117% more
Annapurna Finance Cluster Credit Manager Salary 6 - 17 years exp. (31 salaries)	₹4 L/yr - ₹16 L/yr 7% more
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (19 salaries)	₹12.3 L/yr - ₹23 L/yr 97% more
Capri Global Capital Cluster Credit Manager Salary 5 - 16 years exp. (17 salaries)	₹12.5 L/yr - ₹16.7 L/yr 64% more
Manappuram Finance Cluster Credit Manager Salary 6 - 14 years exp. (8 salaries)	₹5 L/yr - ₹7.9 L/yr 26% less
SK Finance Limited Cluster Credit Manager Salary 9 - 16 years exp. (7 salaries)	₹8.4 L/yr - ₹11.5 L/yr 13% more
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 1% more
Tata Capital Cluster Credit Manager Salary 4 - 21 years exp. (6 salaries)	₹10.7 L/yr - ₹17 L/yr 63% more
IIFL Finance Cluster Credit Manager Salary 4 - 12 years exp. (4 salaries)	₹6 L/yr - ₹8.2 L/yr 21% less
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Satin Creditcare Network Cluster Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr 23% less
Aye Finance Cluster Credit Manager Salary 5 - 11 years exp. (4 salaries)	₹4.9 L/yr - ₹8.1 L/yr 13% less
Bharat Financial Inclusion Cluster Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.9 L/yr 43% less
Asirvad Microfinance Cluster Credit Manager Salary 15 - 16 years exp. (3 salaries)	₹10 L/yr - ₹14.5 L/yr 39% more

Cluster Credit Manager salary at IIFL SAMASTA ranges between ₹5.5 Lakhs to ₹13.3 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 49 latest salaries received from various employees of IIFL SAMASTA.

Experience wise IIFL SAMASTA Cluster Credit Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
6 years (3 salaries)	₹7.4 L/yr - ₹8.2 L/yr
7 years (8 salaries)	₹5.5 L/yr - ₹8.5 L/yr
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8 years (10 salaries)	₹6 L/yr - ₹11.6 L/yr
9 years (7 salaries)	₹5.5 L/yr - ₹11 L/yr
10 years (14 salaries)	₹5.9 L/yr - ₹12.2 L/yr
11 years (7 salaries)	₹8.2 L/yr - ₹13.3 L/yr

View all

Similar Designation salaries in IIFL SAMASTA

Area Credit Manager Salary

(26 salaries)

₹2 L/yr - ₹5.2 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹4.25 L/yr - ₹7 L/yr

Branch Credit Manager Salary

(159 salaries)

₹1.6 L/yr - ₹4.17 L/yr

Assistant Credit Manager Salary

(3 salaries)

₹3 L/yr - ₹4.1 L/yr

Regional Credit Manager Salary

(19 salaries)

₹5.6 L/yr - ₹8 L/yr

Credit Manager Salary

(122 salaries)

₹0.95 L/yr - ₹6.8 L/yr

Senior Credit Officer Salary

(4 salaries)

₹3.15 L/yr - ₹4.26 L/yr

Relationship Manager Salary

(104 salaries)

₹1.95 L/yr - ₹4.51 L/yr

Chief Manager Salary

(15 salaries)

₹9 L/yr - ₹21 L/yr

Credit Officer Salary

(25 salaries)

₹2 L/yr - ₹3.72 L/yr

Salary related reviews for IIFL SAMASTA

4.6

Rated by 13 employees for salary & benefits

Cluster Credit Manager in Tirunelveli

Full Time

Risk Management & Compliance Department

1.0

• posted on 23 Oct 2024

3.0

for Salary and Benefits

Likes

Nothing

Promotions - Good

Dislikes

...on you will be treated differently.No one got their Reliving letter on due date.All existing employees had hold their minimum 1st month salary on their current employers.Existing employees to beg HR for their Reliving letter on daily basis.No one response and you felt why I worked at this ........ company.

Skill development - Poor

+4 more

Branch Credit Manager in Kavali

Full Time

Finance & Accounting Department

3.0

• posted on 24 Dec 2024

4.0

for Salary and Benefits

Likes

On time salary

Salary - Good

+1 more

Dislikes

Actual time is 9.30 to 5.30 but in reality we work 6.30 to 7.00 sometime 8:30pm. No respect for women employee. Sometime BM force to deviate the work if we said no for it bm will targets employee. Today i resign because of that type of manager.

Promotions - Bad

+1 more

Branch Credit Manager (working remotely)

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 27 Nov 2024

3.0

for Salary and Benefits

Likes

The company fosters a positive work culture with no internal politics, ensuring a harmonious environment. Promotions are performance-based, motivating employees to excel. Additionally, there is a strong focus on employee learning and development, empowering individuals to grow professionally."

Skill development - Excellent

+4 more

Dislikes

Work Life Balance & Interional Promoted employee salary hike ,As per vintage Salary No

Work-life balance - Poor

Branch Credit Manager in Bhairoganj Bihar

Full Time

Other Department

5.0

• posted on 02 Apr 2023

3.0

for Salary and Benefits

Likes

I Good fill because I am work in iifl Samasta Finance ltd wrok experience in Samasta 3 years four months I am joining for cro post but company promot BCM I am very happy I am do good work than company give me next opportunity in Branch Credit Manager

Skill development - Excellent

+5 more

Dislikes

No any dislike point my hand his company but I am one question October 2022 all bcm salary excrement but not excrement my salary please next time will take care and same rules apply all bcm I am fill vary happy because at work great organization

Branch Manager (working remotely)

Full Time

Sales Department

1.0

• posted on 26 Dec 2022

1.0

for Salary and Benefits

Likes

...about. The worst place to work. After getting offer letter confirm your net pay. Because there is deduction only from your salary. You will never get what was offered to you. There is no management no proper hr team. There is no leaves, even if you are getting married or you met with accident.

Dislikes

Can't explain. I will need months to explain. It will never end.

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about IIFL SAMASTA

View All

an application support associate

Need advice

Hi, I have been working in an organisation(bangalore )from june 2023 to as of now as application support, now am thinking of switching job because of toxic culture, no skills improvement and unsatisfied salary with 6day working, at the same Time am fearing/nervous what if not getting job after resign. Any suggestions?

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IIFL SAMASTA Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at IIFL SAMASTA ?

The average salary of a Cluster Credit Manager at IIFL SAMASTA in India typically ranges from ₹5.5 Lakhs to ₹13.3 Lakhs per year, depending on experience (from 6 years to 11 years).

The top 10% of Cluster Credit Manager at IIFL SAMASTA earn more than ₹11.6 Lakhs per year, and the top 1% earn over ₹13.3 Lakhs per year. Cluster Credit Manager Salaries at IIFL SAMASTA 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 SAMASTA employees in India.

What is the estimated take home salary of a Cluster Credit Manager at IIFL SAMASTA in India?

The estimated take-home salary of a Cluster Credit Manager at IIFL SAMASTA in India typically ranges from ₹63,777 to ₹65,401 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹13.3 Lakhs per year for employees with experience ranging from 6 years to 11 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 40+ salaries received from various employees of IIFL SAMASTA. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIFL SAMASTA for Cluster Credit Manager in India?

HDB Financial Services	₹11.9 Lakhs to ₹24.0 Lakhs per year
Bajaj Finance	₹12.3 Lakhs to ₹23.0 Lakhs per year
Piramal Capital Housing Finance	₹7.7 Lakhs to ₹19.7 Lakhs per year
Capri Global Capital	₹12.5 Lakhs to ₹16.7 Lakhs per year
Tata Capital	₹10.7 Lakhs to ₹17.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIFL SAMASTA, depending on the role and experience level.

What is the salary of a Cluster Credit Manager in companies similar to IIFL SAMASTA in India?

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

Asirvad Microfinance	₹10.0 Lakhs to ₹14.5 Lakhs per year
SMFG India Credit	₹4.6 Lakhs to ₹18.5 Lakhs per year
SK Finance Limited	₹8.4 Lakhs to ₹11.5 Lakhs per year
Annapurna Finance	₹4.0 Lakhs to ₹16.0 Lakhs per year
Mahindra Finance	₹4.8 Lakhs to ₹14.0 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 Cluster Credit Manager at IIFL SAMASTA in India?

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

Experience	Average Salary Range
6 years	₹7.4 Lakhs to ₹8.2 Lakhs per year
7 years	₹5.5 Lakhs to ₹8.5 Lakhs per year
8 years	₹6.0 Lakhs to ₹11.6 Lakhs per year
9 years	₹5.5 Lakhs to ₹11.0 Lakhs per year

and so on.

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IIFL SAMASTA Cluster Credit Manager Salaries

IIFL SAMASTA Cluster Credit Manager salary in India ranges between ₹5.5 Lakhs to ₹13.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 IIFL SAMASTA latest salaries received from various employees of IIFL SAMASTA.