IFB Business Manager Salaries by 100+ Employees (Updated 2024)

7 - 16 years exp.

₹6.5 Lakhs - ₹24 Lakhs

Salary of majority employees

35% more than the average Business Manager Salary in Consumer Electronics & Appliances Companies for 7 - 16 years of experience

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Salaries in different departments

Sales & Business Development Business Manager Salary 7 - 16 years exp. (98 salaries)	₹6.5 L/yr - ₹22.8 L/yr
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Marketing & Communication Business Manager Salary 7 - 14 years exp. (3 salaries)	₹10.6 L/yr - ₹19.6 L/yr

Last Updated: 15 Dec 2024

Companies similar to IFB for Business Manager

Company name	Avg Annual Salary	Open Jobs
TCS Business Manager Salary 8 - 14 years exp. (5 salaries)	₹15 L/yr - ₹24 L/yr 15% more
Infosys Business Manager Salary 0 - 13 years exp. (5 salaries)	₹6 L/yr - ₹27.5 L/yr 8% more
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Wipro Business Manager Salary 9 - 13 years exp. (3 salaries)	₹15.9 L/yr - ₹18 L/yr 7% more
HCLTech Business Manager Salary 11 - 19 years exp. (158 salaries)	₹11 L/yr - ₹34 L/yr 49% more
Tech Mahindra Business Manager Salary 3 - 17 years exp. (9 salaries)	₹9.2 L/yr - ₹44.7 L/yr 80% more
Cognizant Business Manager Salary 8 - 16 years exp. (8 salaries)	₹13 L/yr - ₹25 L/yr 32% more
Accenture Business Manager Salary 1 - 21 years exp. (10 salaries)	₹23 L/yr - ₹32 L/yr 93% more	3 job openings
IBM Business Manager Salary 13 - 20 years exp. (475 salaries)	₹20 L/yr - ₹42.5 L/yr 118% more
Capgemini Business Manager Salary 12 - 24 years exp. (5 salaries)	₹21 L/yr - ₹42 L/yr 136% more
Deloitte Business Manager Salary 8 - 15 years exp. (5 salaries)	₹18.4 L/yr - ₹31 L/yr 61% more
Samsung Business Manager Salary 8 - 20 years exp. (18 salaries)	₹10.8 L/yr - ₹33.5 L/yr 45% more
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Whirlpool Business Manager Salary 3 - 19 years exp. (15 salaries)	₹20 L/yr - ₹50 L/yr 127% more
LG Electronics Business Manager Salary 4 - 23 years exp. (10 salaries)	₹14.6 L/yr - ₹30 L/yr 26% more
Siemens Business Manager Salary 7 - 9 years exp. (5 salaries)	₹14 L/yr - ₹18.3 L/yr 4% less
Voltas Business Manager Salary 13 - 17 years exp. (5 salaries)	₹11.2 L/yr - ₹22.1 L/yr 11% more
Godrej Industries Group Business Manager Salary 3 - 11 years exp. (4 salaries)	₹7.5 L/yr - ₹12.5 L/yr 34% less
Control Print Business Manager Salary 10 - 18 years exp. (4 salaries)	₹10 L/yr - ₹15.5 L/yr 12% less
Bosch Business Manager Salary 12 - 17 years exp. (4 salaries)	₹20.5 L/yr - ₹21 L/yr 39% more
Blue Star Business Manager Salary 10 - 17 years exp. (3 salaries)	₹12.5 L/yr - ₹14.8 L/yr 11% less
Sony Business Manager Salary 15 - 20 years exp. (3 salaries)	₹24 L/yr - ₹32 L/yr 96% more

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Business Manager salary at IFB ranges between ₹6.5 Lakhs to ₹24 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 118 latest salaries received from various employees of IFB.

Experience wise IFB Business Manager salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
7 years (8 salaries)	₹8.5 L/yr - ₹14.5 L/yr
8 years (11 salaries)	₹8 L/yr - ₹17 L/yr
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9 years (12 salaries)	₹6.5 L/yr - ₹14.8 L/yr
10 years (24 salaries)	₹8 L/yr - ₹24 L/yr
11 years (11 salaries)	₹9.6 L/yr - ₹17 L/yr
12 years (18 salaries)	₹8.4 L/yr - ₹21 L/yr
13 years (10 salaries)	₹10 L/yr - ₹23.4 L/yr
14 years (11 salaries)	₹10.5 L/yr - ₹20 L/yr
15+ years (13 salaries)	₹11.6 L/yr - ₹28.5 L/yr

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Similar Designation salaries in IFB

Area Business Manager Salary

(4 salaries)

₹6.5 L/yr - ₹12.65 L/yr

Branch Manager Salary

(7 salaries)

₹10 L/yr - ₹40 L/yr

Sales Manager Salary

(14 salaries)

₹2.2 L/yr - ₹15 L/yr

Regional Manager Salary

(4 salaries)

₹27 L/yr - ₹50 L/yr

Store Manager Salary

(32 salaries)

₹1.6 L/yr - ₹6.13 L/yr

Area Manager Salary

(13 salaries)

₹9 L/yr - ₹14.7 L/yr

Deputy Manager Salary

(56 salaries)

₹10 L/yr - ₹22 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Area Sales Manager Salary

(67 salaries)

₹5.74 L/yr - ₹19 L/yr

Marketing Manager Salary

(17 salaries)

₹4.05 L/yr - ₹10.02 L/yr

Salary related reviews for IFB

3.1

Rated by 29 employees for salary & benefits

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.

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

Dislikes

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

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

Dislikes

Long working hours less wages

Product Development Engineer in Kolkata

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 01 Oct 2024

4.0

for Salary and Benefits

Likes

1.On time salary. 2.Lots of things for learning.

Dislikes

1. No week off. 2. No festival leave. 3. Job timing regularly 10 to 11 hrs without overtime pay. 4. Seniors treats with junior likes his servant. Bad working culture. 5. Too much hard work than expections.

Procurement Officer in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

3.0

• posted on 18 Jul 2023

2.0

for Salary and Benefits

Likes

The only advantage I get is that once my CV get the name IFB will get a better jump and pay once I shift my job

Dislikes

No work culture and work life balance. Management is very poor in considering our work effort

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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IFB Business Manager Salary FAQs

What is the salary of Business Manager at IFB?

Business Manager salary at IFB in India ranges between ₹6.5 Lakhs to ₹24.0 Lakhs for experience between 7 years to 16 years. According to our estimates it is 35% more than the average Business Manager Salary in India. Salary estimates are based on 118 latest salaries received from various employees of IFB India.

How does the salary of a Business Manager at IFB India compare with the average salary range for this job?

The average salary of a Business Manager at IFB is 35% more than the average salary of a Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IFB to a Business Manager in India?

Capgemini Business Manager Salary - ₹21.0 Lakhs to ₹42.0 Lakhs per year
Whirlpool Business Manager Salary - ₹20.0 Lakhs to ₹50.0 Lakhs per year
IBM Business Manager Salary - ₹20.0 Lakhs to ₹42.5 Lakhs per year
Sony Business Manager Salary - ₹24.0 Lakhs to ₹32.0 Lakhs per year
Accenture Business Manager Salary - ₹23.0 Lakhs to ₹32.0 Lakhs per year

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

Tech Mahindra Business Manager Salary - ₹9.2 Lakhs to ₹44.7 Lakhs per year
Deloitte Business Manager Salary - ₹18.4 Lakhs to ₹31.0 Lakhs per year
HCLTech Business Manager Salary - ₹11.0 Lakhs to ₹34.0 Lakhs per year
Samsung Business Manager Salary - ₹10.8 Lakhs to ₹33.5 Lakhs per year
Bosch Business Manager Salary - ₹20.5 Lakhs to ₹21.0 Lakhs per year

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

The estimated take-home salary of a Business Manager at IFB ranges between ₹1,03,245 per month to ₹1,06,071 per month in India. The take-home salary calculation is based on the average IFB Business Manager salary in India which ranges between ₹6.5 Lakhs to ₹24.0 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at IFB?

According to AmbitionBox, 53% of the IFB Business Managers reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 74 responses on AmbitionBox in last 2 years.

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IFB Business Manager Salaries

IFB Business Manager salary in India ranges between ₹6.5 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 118 IFB latest salaries received from various employees of IFB.