Bfc Forex And Financial Services State Manager Salaries by 4 Employees (Updated 2025)

7 - 18 years exp.

₹6 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

39% less than the average State Manager Salary in Financial Services Companies for 7 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Customer Success, Service & Operations State Manager Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 7 Dec 2023

Companies similar to Bfc Forex And Financial Services for State Manager

Company name	Avg Annual Salary	Open Jobs
Smith & Nephew Healthcare State Manager Salary 11 - 19 years exp. (24 salaries)	₹12.5 L/yr - ₹19 L/yr 138% more
BlackBuck State Manager Salary 3 - 9 years exp. (20 salaries)	₹3.2 L/yr - ₹4.8 L/yr 43% less
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IDFC FIRST Bank State Manager Salary 8 - 20 years exp. (15 salaries)	₹7.1 L/yr - ₹20 L/yr 76% more
Hinduja Leyland Finance State Manager Salary 11 - 21 years exp. (14 salaries)	₹10.6 L/yr - ₹25 L/yr 133% more
SMFG India Credit State Manager Salary 8 - 16 years exp. (11 salaries)	₹10.6 L/yr - ₹20 L/yr 83% more

State Manager salary at Bfc Forex And Financial Services ranges between ₹6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Bfc Forex And Financial Services.

Experience wise Bfc Forex And Financial Services State Manager salaries

Last Updated: 7 Dec 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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15+ years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in Bfc Forex And Financial Services

Sales Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Branch Manager Salary

(7 salaries)

₹5.77 L/yr - ₹7 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹2.15 L/yr - ₹4 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Bfc Forex And Financial Services

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Nov 2023

5.0

for Salary and Benefits

Likes

It is licensed as a Full Fledged Money Changer (FFMC) granted by the Reserve Bank of India (RBI) and specialize in buying and selling foreign currency to retail, corporate and wholesale customers including, RBI authorised FFMC’s, AD II’s, Banks and travel agents.

Dislikes

Nothing

Trader in Mumbai

Part Time

BFSI, Investments & Trading Department

1.0

• posted on 19 May 2023

3.0

for Salary and Benefits

Likes

The customer service were unresponsive to queries, the deposit I made took several days to show in my account. After I made profit it was impossible to withdraw my investment, my request wasn’t approved, the customer service just send some copy and paste answers that doesn’t help. Since I earn well from my copy trading on benarmstrong-trades and doesn’t have problems withdrawing I has to let go of my loses on btc forex. Very unreliable

Dislikes

Just go up and down to hoard your money.

Treasury Executive in Mumbai

Finance Department

1.0

• posted on 07 Oct 2019

2.0

for Salary and Benefits

Likes

Lots of opportunities to learn but on your own.

Dislikes

I got OJT from a guy who was one month senior to me, people are not helpful nor aware of anything, company not even having proper office space, I wud never suggest anyone to join that company.

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Bfc Forex And Financial Services State Manager Salary FAQs

What is the salary of State Manager at Bfc Forex And Financial Services?

State Manager salary at Bfc Forex And Financial Services in India ranges between ₹6.0 Lakhs to ₹8.5 Lakhs for experience between 7 years to 18 years. According to our estimates it is 39% less than the average State Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bfc Forex And Financial Services India.

How does the salary of a State Manager at Bfc Forex And Financial Services India compare with the average salary range for this job?

The average salary of a State Manager at Bfc Forex And Financial Services is 39% less than the average salary of a State Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bfc Forex And Financial Services to a State Manager in India?

Smith & Nephew Healthcare State Manager Salary - ₹12.5 Lakhs to ₹19.0 Lakhs per year
Hinduja Leyland Finance State Manager Salary - ₹10.6 Lakhs to ₹25.0 Lakhs per year
SMFG India Credit State Manager Salary - ₹10.6 Lakhs to ₹20.0 Lakhs per year
IDFC FIRST Bank State Manager Salary - ₹7.1 Lakhs to ₹20.0 Lakhs per year

What is the salary of a State Manager in companies similar to Bfc Forex And Financial Services in India?

BlackBuck State Manager Salary - ₹3.2 Lakhs to ₹4.8 Lakhs per year

What is the estimated take home salary of a State Manager at Bfc Forex And Financial Services in India?

The estimated take-home salary of a State Manager at Bfc Forex And Financial Services ranges between ₹54,086 per month to ₹55,435 per month in India. The take-home salary calculation is based on the average Bfc Forex And Financial Services State Manager salary in India which ranges between ₹6.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 7 years to 18 years. Check how did we calculate take home salary?

What is the notice period for State Manager at Bfc Forex And Financial Services?

According to AmbitionBox, 100% of the Bfc Forex And Financial Services State Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Bfc Forex And Financial Services State Manager Salaries

Bfc Forex And Financial Services State Manager salary in India ranges between ₹6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bfc Forex And Financial Services latest salaries received from various employees of Bfc Forex And Financial Services.