IFB Mumbai Business Manager Salaries by 10 Employees (Updated 2025)

5 - 13 years exp.

₹8.8 Lakhs - ₹18 Lakhs

Salary of majority employees

33% more than the average Business Manager Salary in Consumer Electronics & Appliances Companies for 5 - 13 years of experience

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Salaries in different departments

Sales & Business Development Business Manager Salary 5 - 13 years exp. (7 salaries)	₹8.8 L/yr - ₹17 L/yr
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Marketing & Communication Business Manager Salary 10 years exp. (AmbitionBox Estimate)	₹12.3 L/yr - ₹14.5 L/yr

Last Updated: 5 Jan 2025

Companies similar to IFB for Business Manager in Mumbai

IFB Business Manager Salary

5 - 13 years exp. (10 salaries)

₹8.8 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
IBM Business Manager Salary 12 - 20 years exp. (18 salaries)	₹25 L/yr - ₹40.8 L/yr 123% more
Godrej Industries Group Business Manager Salary 7 - 11 years exp. (3 salaries)	₹7.5 L/yr - ₹12.5 L/yr 37% less
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Siemens Business Manager Salary 7 - 9 years exp. (3 salaries)	₹15 L/yr - ₹18.3 L/yr 5% more
Groupm Media Business Manager Salary 1 - 8 years exp. (53 salaries)	₹5.5 L/yr - ₹13.1 L/yr 43% less
LivSpace Business Manager Salary 2 - 10 years exp. (49 salaries)	₹6 L/yr - ₹16 L/yr 30% less	8 job openings

Business Manager salary at IFB ranges between ₹8.8 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 10 latest salaries received from various employees of IFB.

Experience wise IFB Business Manager salaries in Mumbai

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹14 L/yr
6 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹18 L/yr
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7 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹17 L/yr
9 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.3 L/yr
10 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹14.5 L/yr
11 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
12 years (AmbitionBox Estimate)	₹13 L/yr - ₹27.2 L/yr
13 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹27.8 L/yr

View all

Similar Designation salaries in IFB

Deputy Manager Salary

(7 salaries)

₹14.4 L/yr - ₹20.9 L/yr

Salary related reviews for IFB

2.5

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

Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• posted on 22 Jan 2025

3.0

for Salary and Benefits

Likes

Its good place to learn about how manufacturing works, I consider if you are a fresher and salary is not an issue to survive

Skill development - Excellent

+2 more

Dislikes

Work life balance is not that great 6 days working. No shifts or work from home/Hybrid options Ctc to actual pay there are lot of cutting

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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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IFB Business Manager Salary FAQs

What is the salary of Business Manager at IFB Mumbai?

Business Manager salary at IFB in Mumbai ranges between ₹8.8 Lakhs to ₹18.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 33% more than the average Business Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of IFB Mumbai.

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

The average salary of a Business Manager at IFB is 33% more than the average salary of a Business Manager in Mumbai. To know exact salary insights, login to view.

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

IBM Business Manager Salary - ₹25.0 Lakhs to ₹40.8 Lakhs per year
Siemens Business Manager Salary - ₹15.0 Lakhs to ₹18.3 Lakhs per year

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

LivSpace Business Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
Godrej Industries Group Business Manager Salary - ₹7.5 Lakhs to ₹12.5 Lakhs per year
Groupm Media Business Manager Salary - ₹5.5 Lakhs to ₹13.1 Lakhs per year

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

The estimated take-home salary of a Business Manager at IFB ranges between ₹1,01,401 per month to ₹1,04,168 per month in Mumbai. The take-home salary calculation is based on the average IFB Business Manager salary in India which ranges between ₹8.8 Lakhs to ₹18.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at IFB in Mumbai?

According to AmbitionBox, 29% of the IFB Business Managers in Mumbai reported a notice period of 1 Month, 28% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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IFB Business Manager Salaries in Mumbai

IFB Business Manager salary in Mumbai ranges between ₹8.8 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 IFB latest salaries received from various employees of IFB.