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IKF Finance

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3.9

based on 347 Reviews

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IKF Finance Cluster Credit Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
6 - 10 years exp.
₹5.8 Lakhs - ₹8.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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14% less than the average Cluster Credit Manager Salary in NBFC Companies for 6 - 10 years of experience

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Last Updated: 15 Mar 2025

Companies similar to IKF Finance for Cluster Credit Manager in Bangalore / Bengaluru

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IKF Finance Cluster Credit Manager Salary

6 - 10 years exp. (4 salaries)
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₹5.8 L/yr - ₹8.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Ujjivan Small Finance Bank Cluster Credit Manager Salary

5 - 12 years exp. (8 salaries)
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₹5.6 L/yr - ₹11.5 L/yr

arrow icon 22% more
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Hinduja Housing Finance Cluster Credit Manager Salary

1 - 7 years exp. (6 salaries)
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₹4.4 L/yr - ₹5.7 L/yr

arrow icon 27% less
 3 job openings
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Piramal Capital Housing Finance Cluster Credit Manager Salary

7 - 11 years exp. (6 salaries)
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₹12.3 L/yr - ₹15 L/yr

arrow icon 84% more
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IIFL SAMASTA Cluster Credit Manager Salary

7 - 11 years exp. (5 salaries)
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₹6 L/yr - ₹9.6 L/yr

arrow icon 14% more
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Motilal Oswal Home Finance Cluster Credit Manager Salary

9 - 14 years exp. (4 salaries)
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₹7.5 L/yr - ₹12.1 L/yr

arrow icon 24% more
Cluster Credit Manager salary at IKF Finance ranges between ₹5.8 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of IKF Finance.

Latest annual salaries shared by IKF Finance Cluster Credit Manager in Bangalore / Bengaluru

3w ago
₹8.5 Lakhs
9 years exp.
1y ago
₹7 Lakhs
10 years exp.

Experience wise IKF Finance Cluster Credit Manager salaries in Bangalore / Bengaluru

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹7 L/yr - ₹8.9 L/yr
7 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.9 L/yr
8 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
9 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr

Similar Designation salaries in IKF Finance

Area Credit Manager Salary
(4 salaries)
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₹9.55 L/yr - ₹14 L/yr
Zonal Credit Manager Salary
(4 salaries)
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₹21 L/yr - ₹34.5 L/yr

Salary related reviews for IKF Finance

Credit Executive in Hubli

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 24 Mar 2025
2.0
 for  Salary and Benefits

Likes

Work life balance and work system.

  • Work-life balance - Good

Dislikes

No growth in salary since form 2yrs and no promotions till date as our co colleague since form 3yrs not got any promotion and minimal incriment and no update about companies new policy

read more
  • Salary - Poor
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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...

read more

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.

read more
  • 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.

read more

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

read more
  • Skill development - Poor
    • +3 more
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New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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IKF Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at IKF Finance in Bangalore / Bengaluru?
The average salary of a Cluster Credit Manager at IKF Finance in Bangalore / Bengaluru typically ranges from ₹5.8 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Cluster Credit Manager in Bangalore / Bengaluru at IKF Finance earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Cluster Credit Manager 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 Cluster Credit Manager at IKF Finance in Bangalore / Bengaluru?
The estimated take-home salary of a Cluster Credit Manager at IKF Finance in Bangalore / Bengaluru typically ranges from ₹56,653 to ₹58,075 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 6 years to 10 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 Cluster Credit Manager in India?
Piramal Capital Housing Finance ₹12.3 Lakhs to ₹15.0 Lakhs per year
Motilal Oswal Home Finance ₹7.5 Lakhs to ₹12.1 Lakhs per year
Ujjivan Small Finance Bank ₹5.6 Lakhs to ₹11.5 Lakhs per year
IIFL SAMASTA ₹6.0 Lakhs to ₹9.6 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 Cluster Credit Manager in companies similar to IKF Finance in Bangalore / Bengaluru?
The salary of a Cluster Credit Manager at companies similar to IKF Finance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hinduja Housing Finance ₹4.4 Lakhs to ₹5.7 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 IKF Finance in Bangalore / Bengaluru?
The salary growth for a Cluster Credit Manager at IKF Finance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager in Bangalore / Bengaluru can expect the following growth trajectory at IKF Finance:

Experience Average Salary Range
6 years ₹7.0 Lakhs to ₹8.9 Lakhs per year
7 years ₹6.9 Lakhs to ₹8.9 Lakhs per year
8 years ₹6.9 Lakhs to ₹8.8 Lakhs per year
9 years ₹6.9 Lakhs to ₹8.8 Lakhs per year
and so on.

Tell us how to improve this page.

IKF Finance Cluster Credit Manager salary in Bangalore / Bengaluru ranges between ₹5.8 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IKF Finance latest salaries received from various employees of IKF Finance.