IFB Mumbai Deputy Manager Salaries by 7 Employees (Updated 2025)

10 - 15 years exp.

₹14.4 Lakhs - ₹20.9 Lakhs

Salary of majority employees

124% more than the average Deputy Manager Salary in Consumer Electronics & Appliances Companies for 10 - 15 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Deputy Manager Salary 10 - 13 years exp. (3 salaries)	₹14.4 L/yr - ₹19.8 L/yr
Project & Program Management Deputy Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹19.6 L/yr - ₹20.9 L/yr
Login to view exact salary
Food, Beverage & Hospitality Deputy Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹14.8 L/yr - ₹19.8 L/yr

Last Updated: 3 Feb 2025

Companies similar to IFB for Deputy Manager in Mumbai

IFB Deputy Manager Salary

10 - 15 years exp. (7 salaries)

₹14.4 L/yr - ₹20.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Blue Star Deputy Manager Salary 8 - 17 years exp. (82 salaries)	₹10.5 L/yr - ₹21.1 L/yr 13% less
Bajaj Electricals Deputy Manager Salary 8 - 18 years exp. (55 salaries)	₹9 L/yr - ₹16.4 L/yr 31% less
Login to view exact salary
LG Electronics Deputy Manager Salary 8 - 14 years exp. (20 salaries)	₹12 L/yr - ₹22.4 L/yr 9% less
USHA International Deputy Manager Salary 3 - 9 years exp. (3 salaries)	₹8 L/yr - ₹14 L/yr 44% less
HDFC Bank Deputy Manager Salary 0 - 14 years exp. (3.6k salaries)	₹2 L/yr - ₹10 L/yr 69% less

Deputy Manager salary at IFB ranges between ₹14.4 Lakhs to ₹20.9 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of IFB.

Experience wise IFB Deputy Manager salaries in Mumbai

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹34.5 L/yr
11 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹34.6 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
13 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹20.9 L/yr
14 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹20.9 L/yr
15+ years (AmbitionBox Estimate)	₹7.8 L/yr - ₹19.8 L/yr

View all

Similar Designation salaries in IFB

Sales Executive Salary

(8 salaries)

₹2 L/yr - ₹4.5 L/yr

Area Service Manager Salary

(4 salaries)

₹7 L/yr - ₹11 L/yr

Senior Service Executive Salary

(4 salaries)

₹8 L/yr - ₹8.45 L/yr

Branch Service Manager Salary

(3 salaries)

₹16.05 L/yr - ₹21 L/yr

Salary related reviews for IFB

2.3

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

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

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

Salary - Poor

+5 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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.

Got a question about IFB?

Ask anonymously on communities.

IFB Deputy Manager Salary FAQs

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

The average salary of a Deputy Manager at IFB in Mumbai typically ranges from ₹14.4 Lakhs to ₹20.9 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Deputy Manager in Mumbai at IFB earn more than ₹20.9 Lakhs per year, and the top 1% earn over ₹20.9 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 7 IFB employees in India.

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

The estimated take-home salary of a Deputy Manager at IFB in Mumbai typically ranges from ₹1,27,448 to ₹1,31,696 per month. This is based on the average salary range of ₹14.4 Lakhs to ₹20.9 Lakhs per year for employees with experience ranging from 10 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 7 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 Mumbai?

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

LG Electronics	₹12.0 Lakhs to ₹22.4 Lakhs per year
Blue Star	₹10.5 Lakhs to ₹21.1 Lakhs per year
Bajaj Electricals	₹9.0 Lakhs to ₹16.4 Lakhs per year
USHA International	₹8.0 Lakhs to ₹14.0 Lakhs per year
HDFC Bank	₹2.0 Lakhs to ₹10.0 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 Mumbai?

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

Experience	Average Salary Range
10 years	₹14.4 Lakhs to ₹34.5 Lakhs per year
11 years	₹15.8 Lakhs to ₹34.6 Lakhs per year
12 years	₹17.4 Lakhs to ₹22.2 Lakhs per year
13 years	₹7.8 Lakhs to ₹20.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
IFB Salaries >
IFB Deputy Manager Salaries >
IFB Deputy Manager Salaries in Mumbai

IFB Deputy Manager salary in Mumbai ranges between ₹14.4 Lakhs to ₹20.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IFB latest salaries received from various employees of IFB.