IFB Branch Manager Salaries by 5 Employees

6 - 22 years exp.

₹10 Lakhs - ₹40 Lakhs

Low Confidence

Salary of majority employees

150% more than the average Branch Manager Salary in Consumer Electronics & Appliances Companies for 6 - 22 years of experience

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Last Updated: 17 Feb 2024

Companies similar to IFB for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Whirlpool Branch Manager Salary 5 - 18 years exp. (66 salaries)	₹14.3 L/yr - ₹32 L/yr 9% more
Samsung Branch Manager Salary 12 - 20 years exp. (48 salaries)	₹24.1 L/yr - ₹55 L/yr 81% more
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Transsion Branch Manager Salary 12 - 19 years exp. (30 salaries)	₹10.5 L/yr - ₹26.2 L/yr 31% less
LG Electronics Branch Manager Salary 13 - 23 years exp. (26 salaries)	₹24 L/yr - ₹46 L/yr 35% more
Blue Star Branch Manager Salary 12 - 17 years exp. (21 salaries)	₹13.1 L/yr - ₹28.8 L/yr 1% less
Voltas Branch Manager Salary 15 - 24 years exp. (14 salaries)	₹13 L/yr - ₹32 L/yr 1% more
Symphony Branch Manager Salary 9 - 15 years exp. (11 salaries)	₹12 L/yr - ₹21 L/yr 29% less
Bajaj Electricals Branch Manager Salary 10 - 15 years exp. (10 salaries)	₹9.8 L/yr - ₹26 L/yr 29% less
TVS Electronics Branch Manager Salary 2 - 17 years exp. (9 salaries)	₹1.8 L/yr - ₹7.4 L/yr 71% less
Sony Branch Manager Salary 14 - 23 years exp. (8 salaries)	₹25 L/yr - ₹45 L/yr 46% more
Orient Electric Branch Manager Salary 11 - 23 years exp. (8 salaries)	₹17 L/yr - ₹26.5 L/yr 4% less
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V-Guard Industries Branch Manager Salary 13 - 30 years exp. (7 salaries)	₹14.5 L/yr - ₹29.5 L/yr 9% less
OPPO Branch Manager Salary 8 - 11 years exp. (6 salaries)	₹2.8 L/yr - ₹9.5 L/yr 74% less
HARMAN Branch Manager Salary 11 - 13 years exp. (6 salaries)	₹22 L/yr - ₹27 L/yr 6% more
Butterfly Gandhimathi Appliances Branch Manager Salary 14 - 23 years exp. (6 salaries)	₹6.5 L/yr - ₹21 L/yr 39% less
Eveready Industries Branch Manager Salary 10 - 22 years exp. (6 salaries)	₹15.7 L/yr - ₹27.5 L/yr 10% less
USHA International Branch Manager Salary 10 - 19 years exp. (5 salaries)	₹12.3 L/yr - ₹17 L/yr 36% less
TTK Prestige Branch Manager Salary 7 - 16 years exp. (5 salaries)	₹13 L/yr - ₹18 L/yr 30% less
Lava International Branch Manager Salary 10 - 20 years exp. (4 salaries)	₹13.8 L/yr - ₹16 L/yr 36% less
Intex Technologies Branch Manager Salary 15 - 18 years exp. (4 salaries)	₹8.5 L/yr - ₹11.4 L/yr 51% less

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Branch Manager salary at IFB ranges between ₹10 Lakhs to ₹40 Lakhs per year for employees with experience between 6 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of IFB.

Experience wise IFB Branch Manager salaries

Last Updated: 17 Feb 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹12 L/yr - ₹36.9 L/yr
7 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.9 L/yr
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8 years (AmbitionBox Estimate)	₹19 L/yr - ₹24.3 L/yr
9 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹24.7 L/yr
10 years (AmbitionBox Estimate)	₹19.6 L/yr - ₹25.1 L/yr
11 years (AmbitionBox Estimate)	₹19.9 L/yr - ₹25.4 L/yr
12 years (AmbitionBox Estimate)	₹20.2 L/yr - ₹25.8 L/yr
13 years (AmbitionBox Estimate)	₹10 L/yr - ₹41 L/yr
14 years (AmbitionBox Estimate)	₹20.8 L/yr - ₹26.6 L/yr
15+ years (3 salaries)	₹9.8 L/yr - ₹40 L/yr

View all

Similar Designation salaries in IFB

Area Manager Salary

(13 salaries)

₹9 L/yr - ₹14.7 L/yr

Sales Manager Salary

(14 salaries)

₹2.2 L/yr - ₹15 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Branch Head Salary

(6 salaries)

₹12.5 L/yr - ₹46 L/yr

Deputy Manager Salary

(58 salaries)

₹10.5 L/yr - ₹22.4 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹11.4 L/yr - ₹14.6 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹32.4 L/yr - ₹41.4 L/yr

Cluster Manager Salary

(20 salaries)

₹4.5 L/yr - ₹8.75 L/yr

Operations Manager Salary

(5 salaries)

₹6.2 L/yr - ₹13.08 L/yr

Area Sales Manager Salary

(82 salaries)

₹6 L/yr - ₹16.5 L/yr

Salary related reviews for IFB

4.0

Rated by 2 employees for salary & benefits

Area Sales Manager in Kolkata

Full Time

Marketing & Communication Department

2.0

• posted on 12 Jan 2025

1.0

for Salary and Benefits

Likes

Products are good. Salary on time

Dislikes

Forget about incentive structure Biased promotion Super Toxic Environment Most National level people left HR dept is a mess Only buttering is the option No place for perfomer You may have to go to court for releasing letter if you don't serve full 90 days notice period Don't spoil your Future here

Salary - Bad

+3 more

Area Sales Manager in Kolhapur

Full Time

Sales & Business Development Department

3.0

• posted on 29 Feb 2024

4.0

for Salary and Benefits

Likes

Brand is good wasing machine No 1. Salary on time. Cleim on time.

Salary - Good

+3 more

Dislikes

Three months' notice period with no logic for targeting. Focus solely on primary work, not secondary. No marketing support, no POP boy. You have to leave this company after five years, but your gratuity has not been paid to you. This is solely because you did not serve the full three months' notice period. Additionally, the refrigerator started at full pressure without any logical reason.

Sales Executive in Agra

Full Time

Sales & Business Development Department

5.0

• posted on 12 Mar 2023

3.0

for Salary and Benefits

Likes

Sab kuch theek hai but salary jayada nahi hai kitna bhi achha kaam karlo koi promotion ya salary increment ka koi chance nahi hai

Skill development - Excellent

+3 more

Dislikes

I like this organisation but salary package not good and not promoted chance

Promotions - Poor

Sales Executive in Rajahmundry

Human Resources Department

4.0

• posted on 15 Mar 2022

3.0

for Salary and Benefits

Likes

Working at IFB is a great experience The company policies are also good compare to other brands ifb has a less pressure and salary structure also quite low if you want to career growth pls change it or other wise ifb has best choice

Skill development - Good

+3 more

Dislikes

Long working hours less wages

Assistant Manager in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

4.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Good Team and Work Culture-People in general are helpful Managers are usually considerate

Work-life balance - Good

Dislikes

Salary growth is slow- They. hire you at a low salary in mid level so even a 10-15% annual jump wont give you the desired returns Top Management is too old fashioned and are not receptive to changing market needs

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IFB Branch Manager Salary FAQs

What is the salary of Branch Manager at IFB ?

The average salary of a Branch Manager at IFB in India typically ranges from ₹10.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 6 years to 22 years).

The top 10% of Branch Manager at IFB earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Branch Manager Salaries at IFB 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 5 IFB employees in India.

What is the estimated take home salary of a Branch Manager at IFB in India?

The estimated take-home salary of a Branch Manager at IFB in India typically ranges from ₹1,47,416 to ₹1,52,945 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 6 years to 22 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 5 salaries received from various employees of IFB. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IFB for Branch Manager in India?

Samsung	₹24.1 Lakhs to ₹55.0 Lakhs per year
Sony	₹25.0 Lakhs to ₹45.0 Lakhs per year
LG Electronics	₹24.0 Lakhs to ₹46.0 Lakhs per year
Whirlpool	₹14.3 Lakhs to ₹32.0 Lakhs per year
HARMAN	₹22.0 Lakhs to ₹27.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IFB, depending on the role and experience level.

What is the salary of a Branch Manager in companies similar to IFB in India?

The salary of a Branch Manager at companies similar to IFB in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Voltas	₹13.0 Lakhs to ₹32.0 Lakhs per year
Blue Star	₹13.1 Lakhs to ₹28.8 Lakhs per year
Orient Electric	₹17.0 Lakhs to ₹26.5 Lakhs per year
V-Guard Industries	₹14.5 Lakhs to ₹29.5 Lakhs per year
Eveready Industries	₹15.7 Lakhs to ₹27.5 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 Branch Manager at IFB in India?

The salary growth for a Branch Manager at IFB depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at IFB:

Experience	Average Salary Range
6 years	₹12.0 Lakhs to ₹36.9 Lakhs per year
7 years	₹18.7 Lakhs to ₹23.9 Lakhs per year
8 years	₹19.0 Lakhs to ₹24.3 Lakhs per year
9 years	₹19.3 Lakhs to ₹24.7 Lakhs per year

and so on.

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IFB Branch Manager Salaries

IFB Branch Manager salary in India ranges between ₹10 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IFB latest salaries received from various employees of IFB.