IFB Indore Deputy Manager Salaries by 4 Employees

11 - 15 years exp.

₹15 Lakhs - ₹16.8 Lakhs

Salary of majority employees

102% more than the average Deputy Manager Salary in Consumer Electronics & Appliances Companies for 11 - 15 years of experience

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Last Updated: 8 Nov 2023

Companies similar to IFB for Deputy Manager in Indore

IFB Deputy Manager Salary

11 - 15 years exp. (4 salaries)

₹15 L/yr - ₹16.8 L/yr

Company name	Avg Annual Salary	Open Jobs
USHA International Deputy Manager Salary 8 - 18 years exp. (6 salaries)	₹8.8 L/yr - ₹9.8 L/yr 40% less
Bajaj Electricals Deputy Manager Salary 10 - 14 years exp. (5 salaries)	₹10.2 L/yr - ₹12.7 L/yr 25% less
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Videocon Industries Ltd. Deputy Manager Salary 8 - 16 years exp. (5 salaries)	₹7 L/yr - ₹8.4 L/yr 53% less
LG Electronics Deputy Manager Salary 13 - 16 years exp. (3 salaries)	₹15.8 L/yr - ₹17.6 L/yr 1% less
VE Commercial Vehicles Deputy Manager Salary 0 - 16 years exp. (617 salaries)	₹5 L/yr - ₹19 L/yr 30% less	1 job opening

Deputy Manager salary at IFB ranges between ₹15 Lakhs to ₹16.8 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of IFB.

Experience wise IFB Deputy Manager salaries in Indore

Last Updated: 8 Nov 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹15 L/yr - ₹29.7 L/yr
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹29.8 L/yr
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13 years (AmbitionBox Estimate)	₹16 L/yr - ₹30 L/yr
14 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
15+ years (AmbitionBox Estimate)	₹16 L/yr - ₹30.2 L/yr

Salary related reviews for IFB

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

Senior Executive in Bangalore / Bengaluru

Full Time

Media Production & Entertainment Department

3.0

• posted on 04 Feb 2025

2.0

for Salary and Benefits

Likes

Salary on time Work life balance is ok but Saturday is working here

Job security - Good

+1 more

Dislikes

Hr policy and response is really pathetic. No proper feedback ,for everything they will say we dont have fancy positions,fancy department….. If you ara a fresher or 2,3 experienced person dont think about ifb bangalore, its really old technology and almost all are manual lines. For relaxing and job security uou can plan here

Salary - Poor

+4 more

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

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

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.

Salary - Good

+1 more

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.

Promotions - Poor

+3 more

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IFB Deputy Manager Salary FAQs

What is the salary of Deputy Manager at IFB in Indore?

The average salary of a Deputy Manager at IFB in Indore typically ranges from ₹15.0 Lakhs to ₹16.8 Lakhs per year, depending on experience (from 11 years to 15 years).

The top 10% of Deputy Manager in Indore at IFB earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Deputy 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 4 IFB employees in India.

What is the estimated take home salary of a Deputy Manager at IFB in Indore?

The estimated take-home salary of a Deputy Manager at IFB in Indore typically ranges from ₹1,11,978 to ₹1,15,087 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹16.8 Lakhs per year for employees with experience ranging from 11 years to 15 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 4 salaries received from various employees of IFB. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Deputy Manager in companies similar to IFB in Indore?

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

LG Electronics	₹15.8 Lakhs to ₹17.6 Lakhs per year
Bajaj Electricals	₹10.2 Lakhs to ₹12.7 Lakhs per year
VE Commercial Vehicles	₹5.0 Lakhs to ₹19.0 Lakhs per year
USHA International	₹8.8 Lakhs to ₹9.8 Lakhs per year
Videocon Industries Ltd.	₹7.0 Lakhs to ₹8.4 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 Deputy Manager at IFB in Indore?

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

Experience	Average Salary Range
11 years	₹15.0 Lakhs to ₹29.7 Lakhs per year
12 years	₹15.0 Lakhs to ₹29.8 Lakhs per year
13 years	₹16.0 Lakhs to ₹30.0 Lakhs per year
14 years	₹15.0 Lakhs to ₹19.2 Lakhs per year

and so on.

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IFB Deputy Manager Salaries in Indore

IFB Deputy Manager salary in Indore ranges between ₹15 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IFB latest salaries received from various employees of IFB.