IKF Finance Credit Manager Salaries by 20+ Employees (Updated 2025)

1 - 14 years exp.

₹3 Lakhs - ₹6.7 Lakhs

Salary of majority employees

31% less than the average Credit Manager Salary in NBFC Companies for 1 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 12 years exp. (9 salaries)	₹3 L/yr - ₹6.7 L/yr
Finance & Accounting Credit Manager Salary 4 - 14 years exp. (7 salaries)	₹4 L/yr - ₹6.5 L/yr
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Risk Management & Compliance Credit Manager Salary 2 - 9 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.4 L/yr

Last Updated: 8 Feb 2025

Companies similar to IKF Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (395 salaries)	₹2 L/yr - ₹8.8 L/yr 12% more	4 job openings
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14 L/yr 59% more	2 job openings
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.2k salaries)	₹4.3 L/yr - ₹18 L/yr 87% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹3.8 L/yr - ₹15 L/yr 69% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (824 salaries)	₹4 L/yr - ₹14.8 L/yr 64% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (81 salaries)	₹3 L/yr - ₹9 L/yr 3% less
LIC Housing Finance Credit Manager Salary 3 - 13 years exp. (9 salaries)	₹8 L/yr - ₹30 L/yr 246% more
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	₹10 L/yr - ₹32 L/yr 266% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (817 salaries)	₹3 L/yr - ₹13 L/yr 46% more
Aavas Financiers Credit Manager Salary 1 - 10 years exp. (272 salaries)	₹3 L/yr - ₹8.3 L/yr 11% more	4 job openings
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (193 salaries)	₹4 L/yr - ₹13.5 L/yr 55% more
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IIFL Finance Credit Manager Salary 0 - 10 years exp. (179 salaries)	₹2.3 L/yr - ₹10.1 L/yr 7% more
Ugro Capital Credit Manager Salary 4 - 10 years exp. (146 salaries)	₹3.2 L/yr - ₹11.2 L/yr 19% more
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (148 salaries)	₹4.2 L/yr - ₹11.3 L/yr 30% more
Shriram Finance Credit Manager Salary 0 - 12 years exp. (139 salaries)	₹1.8 L/yr - ₹10.4 L/yr 3% more	2 job openings
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (121 salaries)	₹3.9 L/yr - ₹12 L/yr 53% more
PNB Housing Finance Credit Manager Salary 0 - 13 years exp. (95 salaries)	₹4.9 L/yr - ₹12.1 L/yr 66% more
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (89 salaries)	₹2.3 L/yr - ₹12.1 L/yr 33% more
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (83 salaries)	₹2 L/yr - ₹8.6 L/yr 13% less
Muthoot Finance Credit Manager Salary 0 - 12 years exp. (73 salaries)	₹3 L/yr - ₹7.2 L/yr 11% less	1 job opening

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Credit Manager salary at IKF Finance ranges between ₹3 Lakhs to ₹6.7 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 20 latest salaries received from various employees of IKF Finance.

Experience wise IKF Finance Credit Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.2 L/yr
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9.2 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.3 L/yr
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.4 L/yr
5 years (4 salaries)	₹4.8 L/yr - ₹6.7 L/yr
6 years (5 salaries)	₹4.5 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
9 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.5 L/yr
10 years (3 salaries)	₹4 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.1 L/yr

View all

Similar Designation salaries in IKF Finance

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

Branch Manager Salary

(84 salaries)

₹3.75 L/yr - ₹9.7 L/yr

Deputy Manager Salary

(4 salaries)

₹7 L/yr - ₹8 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Credit Analyst Salary

(4 salaries)

₹6.6 L/yr - ₹11.5 L/yr

Zonal Credit Manager Salary

(6 salaries)

₹21 L/yr - ₹34.5 L/yr

Sales Manager Salary

(7 salaries)

₹4 L/yr - ₹7.5 L/yr

Branch Credit Manager Salary

(37 salaries)

₹3 L/yr - ₹7 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.7 L/yr

Salary related reviews for IKF Finance

3.8

Rated by 10 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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IKF Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at IKF Finance?

Credit Manager salary at IKF Finance in India ranges between ₹3.0 Lakhs to ₹6.7 Lakhs for experience between 1 years to 14 years. According to our estimates it is 31% less than the average Credit Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of IKF Finance India.

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

The average salary of a Credit Manager at IKF Finance is 31% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

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

State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
LIC Housing Finance Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.3 Lakhs to ₹18.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹4.9 Lakhs to ₹12.1 Lakhs per year

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

Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.8 Lakhs per year
Sundaram Finance Credit Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹4.0 Lakhs to ₹13.5 Lakhs per year
Kotak Mahindra Prime Credit Manager Salary - ₹3.9 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IKF Finance ranges between ₹40,396 per month to ₹41,555 per month in India. The take-home salary calculation is based on the average IKF Finance Credit Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.7 Lakhs per year for employees with experience between 1 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 42% of the IKF Finance Credit Managers reported a notice period of 1 Month, 37% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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IKF Finance Credit Manager Salaries

IKF Finance Credit Manager salary in India ranges between ₹3 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 IKF Finance latest salaries received from various employees of IKF Finance.