IKF Finance Branch Credit Officer Salaries by 4 Employees

4 - 7 years exp.

₹2.5 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

12% more than the average Branch Credit Officer Salary in NBFC Companies for 4 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Credit Officer Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.8 L/yr
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Finance & Accounting Branch Credit Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.5 L/yr

Last Updated: 9 Jul 2023

Companies similar to IKF Finance for Branch Credit Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Credit Officer Salary 2 - 5 years exp. (5 salaries)	₹2 L/yr - ₹2.3 L/yr 39% less
Mahindra Rural Housing Finance Branch Credit Officer Salary 1 - 7 years exp. (22 salaries)	₹2.1 L/yr - ₹3.1 L/yr 20% less
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MAS Financial Services Branch Credit Officer Salary 4 - 8 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 2% more
Mahindra Finance Branch Credit Officer Salary 0 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4.4 L/yr 4% more
Electronica Finance Branch Credit Officer Salary 0 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹2.9 L/yr 24% less
Five-Star Business Finance Branch Credit Officer Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹3.5 L/yr 16% less
IIFL Finance Branch Credit Officer Salary 3 - 9 years exp. (3 salaries)	₹2.5 L/yr - ₹3.2 L/yr 15% less
Sundaram Finance Branch Credit Officer Salary 2 - 11 years exp. (3 salaries)	₹2.9 L/yr - ₹5.2 L/yr 25% more

Branch Credit Officer salary at IKF Finance ranges between ₹2.5 Lakhs to ₹3.8 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of IKF Finance.

Experience wise IKF Finance Branch Credit Officer salaries

Last Updated: 9 Jul 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.2 L/yr
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6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr

Similar Designation salaries in IKF Finance

Branch Credit Manager Salary

(39 salaries)

₹3 L/yr - ₹7 L/yr

Senior Credit Officer Salary

(11 salaries)

₹2.25 L/yr - ₹3.44 L/yr

Credit Officer Salary

(15 salaries)

₹2 L/yr - ₹3.75 L/yr

Area Credit Manager Salary

(8 salaries)

₹9.55 L/yr - ₹14 L/yr

Zonal Credit Manager Salary

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₹21 L/yr - ₹34.5 L/yr

Sales Officer Salary

(12 salaries)

₹2 L/yr - ₹3.5 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.7 L/yr

Regional Credit Manager Salary

(4 salaries)

₹19 L/yr - ₹21 L/yr

Branch Manager Salary

(85 salaries)

₹3.75 L/yr - ₹9.7 L/yr

Credit Manager Salary

(20 salaries)

₹3 L/yr - ₹6.7 L/yr

Salary related reviews for IKF Finance

5.0

Rated by 1 employees for salary & benefits

Senior Officer Operations in Somajiguda

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Nov 2020

1.0

for Salary and Benefits

Likes

Nothing.. No appraisals, bonus nothing.. No security at covid time also..only with one sanitiser bottle they run the office.. Management won't care about employee.. Fully partiality feelings and politics plays main role in this organisation.. Coming to work culture there is no proper policies it will change time to time and day by day...

Dislikes

Everything

Salary - Bad

+6 more

Credit Relationship Manager in Nellore

Full Time

Finance & Accounting Department

5.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

Disbursement process is not like with mailing ,I like disbursement process in smartapp in quality controle stage with chat option ,I want this is better process and quickly disbursement.

Salary - Excellent

+6 more

Dislikes

I don't lik to quality control check with mailing

State Collection Head in Bhopal

Full Time

Finance & Accounting Department

4.0

• posted on 01 Jul 2024

4.0

for Salary and Benefits

Likes

It's work culture is very good ,and management is supporting to the employee.

Salary - Good

+4 more

Dislikes

The monopoly of the some senior management ,they are not judging employees by their performance and practice,they are judging on the basis of only ,how the employee do happy him.

Sales Officer in Thane

Full Time

Sales & Business Development Department

3.0

• posted on 10 Sep 2023

3.0

for Salary and Benefits

Likes

Good work life balance

Dislikes

Staff issues , not respect for woman's, not saftey for woman's, Not support for lady staff, Use abusive language, 2 mangaers very rudly speaking with other staff members No training, No guides

Skill development - Poor

+3 more

Branch Manager in Karimnagar

Full Time

Marketing & Communication Department

5.0

• posted on 14 Mar 2019

4.0

for Salary and Benefits

Likes

The company is strategic and motivational finance.Just they are vendors believeness.Just IKF book size is 250, with in two years now it is increased 1500.That capable is having one and only IKF Another plus point is my colleagues came from dealer backgrounds and we work happily in collaboration.

Salary - Good

+6 more

Dislikes

But growth is slow, when ever we reached at top position that time never changed position.that will continued only role is changed but work is same.

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Salary Discussions, Hike & Promotions

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IKF Finance Branch Credit Officer Salary FAQs

What is the salary of Branch Credit Officer at IKF Finance ?

The average salary of a Branch Credit Officer at IKF Finance in India typically ranges from ₹2.5 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Branch Credit Officer at IKF Finance earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Branch Credit Officer Salaries at IKF 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 4 IKF Finance employees in India.

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

The estimated take-home salary of a Branch Credit Officer at IKF Finance in India typically ranges from ₹25,275 to ₹26,710 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 4 years 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 4 salaries received from various employees of IKF Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IKF Finance for Branch Credit Officer in India?

Sundaram Finance	₹2.9 Lakhs to ₹5.2 Lakhs per year
Mahindra Finance	₹3.0 Lakhs to ₹4.4 Lakhs per year
MAS Financial Services	₹3.0 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Branch Credit Officer in companies similar to IKF Finance in India?

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

IIFL Finance	₹2.5 Lakhs to ₹3.2 Lakhs per year
Five-Star Business Finance	₹2.0 Lakhs to ₹3.5 Lakhs per year
Mahindra Rural Housing Finance	₹2.1 Lakhs to ₹3.1 Lakhs per year
Electronica Finance	₹2.5 Lakhs to ₹2.9 Lakhs per year
HDFC Bank	₹2.0 Lakhs to ₹2.3 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 Branch Credit Officer at IKF Finance in India?

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

Experience	Average Salary Range
4 years	₹2.5 Lakhs to ₹3.8 Lakhs per year
5 years	₹2.5 Lakhs to ₹6.2 Lakhs per year
6 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
7 years	₹1.4 Lakhs to ₹3.8 Lakhs per year

and so on.

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IKF Finance Branch Credit Officer Salaries

IKF Finance Branch Credit Officer salary in India ranges between ₹2.5 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IKF Finance latest salaries received from various employees of IKF Finance.