IKF Finance Cluster Credit Manager Salaries by 9 Employees (Updated 2025)

5 - 12 years exp.

₹5.8 Lakhs - ₹10.4 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Cluster Credit Manager Salary in NBFC Companies for 5 - 12 years of experience

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Salaries in different departments

Finance & Accounting Cluster Credit Manager Salary 5 - 9 years exp. (3 salaries)	₹8.1 L/yr - ₹9.7 L/yr
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Risk Management & Compliance Cluster Credit Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.2 L/yr

Last Updated: 30 Nov 2024

Companies similar to IKF Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (17 salaries)	₹12.3 L/yr - ₹19.8 L/yr 97% more
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 20% less
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Kotak Mahindra Bank Cluster Credit Manager Salary 2 - 13 years exp. (4 salaries)	₹7 L/yr - ₹13.5 L/yr 28% more
Axis Bank Cluster Credit Manager Salary 4 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹12 L/yr 13% less
IDFC FIRST Bank Cluster Credit Manager Salary 6 - 14 years exp. (101 salaries)	₹5.8 L/yr - ₹20 L/yr 68% more
Capri Global Capital Cluster Credit Manager Salary 5 - 16 years exp. (17 salaries)	₹12.5 L/yr - ₹16.7 L/yr 75% more
Ugro Capital Cluster Credit Manager Salary 4 - 14 years exp. (15 salaries)	₹6.5 L/yr - ₹12.5 L/yr 26% more	1 job opening
Kogta Financial India Limited Cluster Credit Manager Salary 8 - 13 years exp. (8 salaries)	₹3.1 L/yr - ₹9 L/yr 2% less
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 8% more
Kotak Mahindra Prime Cluster Credit Manager Salary 6 - 14 years exp. (5 salaries)	₹7 L/yr - ₹16 L/yr 44% more
IIFL Finance Cluster Credit Manager Salary 4 - 12 years exp. (4 salaries)	₹6 L/yr - ₹8.2 L/yr 16% less
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Electronica Finance Cluster Credit Manager Salary 5 - 11 years exp. (4 salaries)	₹5 L/yr - ₹8.5 L/yr 10% less

Cluster Credit Manager salary at IKF Finance ranges between ₹5.8 Lakhs to ₹10.4 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 9 latest salaries received from various employees of IKF Finance.

Experience wise IKF Finance Cluster Credit Manager salaries

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹14.6 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹14.6 L/yr
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7 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹14.6 L/yr
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹14.7 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9.7 L/yr
10 years (3 salaries)	₹7 L/yr - ₹10.4 L/yr
11 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
12 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹14.8 L/yr

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Similar Designation salaries in IKF Finance

Area Credit Manager Salary

(7 salaries)

₹9.55 L/yr - ₹14 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Branch Credit Manager Salary

(36 salaries)

₹3 L/yr - ₹7 L/yr

Zonal Credit Manager Salary

(6 salaries)

₹21 L/yr - ₹27.5 L/yr

Assistant Credit Manager Salary

(6 salaries)

₹3.8 L/yr - ₹4.25 L/yr

Regional Credit Manager Salary

(4 salaries)

₹19 L/yr - ₹21 L/yr

Credit Manager Salary

(22 salaries)

₹2.54 L/yr - ₹6.7 L/yr

Senior Credit Officer Salary

(11 salaries)

₹2.25 L/yr - ₹3.44 L/yr

Relationship Manager Salary

(8 salaries)

₹3.78 L/yr - ₹4.5 L/yr

Credit Officer Salary

(17 salaries)

₹1.55 L/yr - ₹3.75 L/yr

Salary related reviews for IKF Finance

4.0

Rated by 2 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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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IKF Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at IKF Finance?

Cluster Credit Manager salary at IKF Finance in India ranges between ₹5.8 Lakhs to ₹10.4 Lakhs for experience between 5 years to 12 years. According to our estimates it is 19% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of IKF Finance India.

How does the salary of a Cluster Credit Manager at IKF Finance India compare with the average salary range for this job?

The average salary of a Cluster Credit Manager at IKF Finance is 19% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IKF Finance to a Cluster Credit Manager in India?

Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹19.8 Lakhs per year
Capri Global Capital Cluster Credit Manager Salary - ₹12.5 Lakhs to ₹16.7 Lakhs per year
IDFC FIRST Bank Cluster Credit Manager Salary - ₹5.8 Lakhs to ₹20.0 Lakhs per year
Kotak Mahindra Prime Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Bank Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹13.5 Lakhs per year

What is the salary of a Cluster Credit Manager in companies similar to IKF Finance in India?

Ugro Capital Cluster Credit Manager Salary - ₹6.5 Lakhs to ₹12.5 Lakhs per year
Mahindra Finance Cluster Credit Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
Kogta Financial India Limited Cluster Credit Manager Salary - ₹3.1 Lakhs to ₹9.0 Lakhs per year
Electronica Finance Cluster Credit Manager Salary - ₹5.0 Lakhs to ₹8.5 Lakhs per year
Axis Bank Cluster Credit Manager Salary - ₹2.3 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Manager at IKF Finance ranges between ₹60,216 per month to ₹61,739 per month in India. The take-home salary calculation is based on the average IKF Finance Cluster Credit Manager salary in India which ranges between ₹5.8 Lakhs to ₹10.4 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Manager at IKF Finance?

According to AmbitionBox, 100% of the IKF Finance Cluster Credit Managers reported a notice period of 3 Months.This is based on 13 responses on AmbitionBox in last 2 years.

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IKF Finance Cluster Credit Manager Salaries

IKF Finance Cluster Credit Manager salary in India ranges between ₹5.8 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IKF Finance latest salaries received from various employees of IKF Finance.