IKF Finance Cluster Credit Manager Salaries by 9 Employees (Updated 2024)

5 - 12 years exp.

₹5.8 Lakhs - ₹10.4 Lakhs

Low Confidence

Salary of majority employees

20% 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 - ₹8.1 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. (16 salaries)	₹12.3 L/yr - ₹19.8 L/yr 98% 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. (99 salaries)	₹6.5 L/yr - ₹20 L/yr 65% more
Capri Global Capital Cluster Credit Manager Salary 5 - 16 years exp. (16 salaries)	₹12.5 L/yr - ₹16.7 L/yr 73% more
Ugro Capital Cluster Credit Manager Salary 7 - 14 years exp. (13 salaries)	₹9.7 L/yr - ₹12.5 L/yr 31% more
Kogta Financial India Limited Cluster Credit Manager Salary 5 - 11 years exp. (7 salaries)	₹4.8 L/yr - ₹8.2 L/yr 6% less
Muthoot Fincorp Cluster Credit Manager Salary 5 - 15 years exp. (6 salaries)	₹10 L/yr - ₹13 L/yr 35% more
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
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IIFL Finance Cluster Credit Manager Salary 7 - 14 years exp. (4 salaries)	₹6.3 L/yr - ₹8.2 L/yr 16% less
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 - ₹14.7 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹14.7 L/yr
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7 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹14.7 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)	₹7.3 L/yr - ₹9.4 L/yr
12 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹14.7 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)

₹3.25 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

(24 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)

₹3.18 L/yr - ₹4.5 L/yr

Credit Officer Salary

(22 salaries)

₹2 L/yr - ₹4.05 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

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.

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.

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.

Senior Sales Officer in Jangareddigudem

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 23 Mar 2024

5.0

for Salary and Benefits

Likes

The easy answer is “I like you too” IF you like them. If you're sort of lukewarm about them, then a “Thanks I'm glad you feel that way” is a pleasant answer without being rude

Dislikes

"I feel really happy when I'm with you."

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

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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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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 20% 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 20% 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 - ₹6.5 Lakhs to ₹20.0 Lakhs per year
Kotak Mahindra Prime Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
Muthoot Fincorp Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹13.0 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 - ₹9.7 Lakhs to ₹12.5 Lakhs per year
Kotak Mahindra Bank Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹13.5 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 - ₹4.8 Lakhs to ₹8.2 Lakhs per year
Electronica Finance Cluster Credit Manager Salary - ₹5.0 Lakhs to ₹8.5 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 ₹60,021 per month to ₹61,538 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.