IKF Finance Credit Manager Salaries by 20+ Employees (Updated 2024)

1 - 10 years exp.

₹2.5 Lakhs - ₹6.7 Lakhs

Salary of majority employees

34% less than the average Credit Manager Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 9 years exp. (12 salaries)	₹2.7 L/yr - ₹6.7 L/yr
Finance & Accounting Credit Manager Salary 4 - 10 years exp. (6 salaries)	₹4 L/yr - ₹6.5 L/yr
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Risk Management & Compliance Credit Manager Salary 1 - 9 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹12.1 L/yr

Last Updated: 8 Dec 2024

Companies similar to IKF Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (190 salaries)	₹2.4 L/yr - ₹8.5 L/yr 14% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.6k salaries)	₹3.5 L/yr - ₹14 L/yr 66% more	3 job openings
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.2k salaries)	₹4.2 L/yr - ₹14.5 L/yr 93% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1.1k salaries)	₹4 L/yr - ₹15.2 L/yr 74% more
Axis Bank Credit Manager Salary 0 - 13 years exp. (839 salaries)	₹4 L/yr - ₹14.5 L/yr 77% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (91 salaries)	₹3 L/yr - ₹8.4 L/yr 1% less
LIC Housing Finance Credit Manager Salary 3 - 13 years exp. (9 salaries)	₹8 L/yr - ₹30 L/yr 263% more
State Bank of India Credit Manager Salary 3 - 14 years exp. (50 salaries)	₹10 L/yr - ₹32 L/yr 289% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (928 salaries)	₹3.6 L/yr - ₹12 L/yr 59% more	1 job opening
Aavas Financiers Credit Manager Salary 1 - 10 years exp. (266 salaries)	₹3 L/yr - ₹8.5 L/yr 16% more	3 job openings
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (191 salaries)	₹4 L/yr - ₹13.5 L/yr 59% more
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IIFL Finance Credit Manager Salary 0 - 7 years exp. (167 salaries)	₹2.5 L/yr - ₹9.5 L/yr 1% more
Ugro Capital Credit Manager Salary 2 - 10 years exp. (150 salaries)	₹3 L/yr - ₹10.4 L/yr 22% more	4 job openings
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (142 salaries)	₹3.6 L/yr - ₹10.6 L/yr 28% more	2 job openings
Shriram Finance Credit Manager Salary 2 - 12 years exp. (141 salaries)	₹1.8 L/yr - ₹10 L/yr 9% more	3 job openings
Kotak Mahindra Prime Credit Manager Salary 0 - 9 years exp. (138 salaries)	₹4.5 L/yr - ₹12 L/yr 57% more
PNB Housing Finance Credit Manager Salary 0 - 11 years exp. (92 salaries)	₹4.9 L/yr - ₹12 L/yr 64% more
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (84 salaries)	₹2.3 L/yr - ₹13 L/yr 42% more
L&T Finance Credit Manager Salary 1 - 9 years exp. (83 salaries)	₹4.5 L/yr - ₹14 L/yr 63% more
Mahindra Rural Housing Finance Credit Manager Salary 2 - 10 years exp. (78 salaries)	₹2 L/yr - ₹8.7 L/yr 7% less

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Credit Manager salary at IKF Finance ranges between ₹2.5 Lakhs to ₹6.7 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 24 latest salaries received from various employees of IKF Finance.

Experience wise IKF Finance Credit Manager salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹8.9 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.1 L/yr
5 years (5 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)	₹2.7 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.4 L/yr
9 years (4 salaries)	₹3 L/yr - ₹6.5 L/yr
10 years (3 salaries)	₹4 L/yr - ₹9.5 L/yr

View all

Similar Designation salaries in IKF Finance

Credit Officer Salary

(22 salaries)

₹2 L/yr - ₹4.05 L/yr

Area Credit Manager Salary

(7 salaries)

₹9.55 L/yr - ₹14 L/yr

Branch Manager Salary

(87 salaries)

₹3.75 L/yr - ₹9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Credit Analyst Salary

(4 salaries)

₹1.5 L/yr - ₹11.4 L/yr

Zonal Credit Manager Salary

(6 salaries)

₹21 L/yr - ₹27.5 L/yr

Sales Manager Salary

(6 salaries)

₹4 L/yr - ₹7.5 L/yr

Branch Credit Manager Salary

(36 salaries)

₹3.25 L/yr - ₹7 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Cluster Credit Manager Salary

(9 salaries)

₹5.75 L/yr - ₹10.4 L/yr

Salary related reviews for IKF Finance

4.2

Rated by 9 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

see more salary related reviews

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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 Credit Manager Salary FAQs

What is the salary of Credit Manager at IKF Finance?

Credit Manager salary at IKF Finance in India ranges between ₹2.5 Lakhs to ₹6.7 Lakhs for experience between 1 years to 10 years. According to our estimates it is 34% less than the average Credit Manager Salary in India. Salary estimates are based on 24 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 34% 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 - ₹4.2 Lakhs to ₹14.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.2 Lakhs per year

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

HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
Sundaram Finance Credit Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹4.9 Lakhs to ₹12.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹4.0 Lakhs to ₹13.5 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 ₹38,327 per month to ₹39,517 per month in India. The take-home salary calculation is based on the average IKF Finance Credit Manager salary in India which ranges between ₹2.5 Lakhs to ₹6.7 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 48% of the IKF Finance Credit Managers reported a notice period of 1 Month, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 21 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 ₹2.5 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 IKF Finance latest salaries received from various employees of IKF Finance.