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IFB Retail Manager salaries in India

Annual salary range
7 - 12 years exp.
₹7 Lakhs - ₹13.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (87%)
₹9.1 Lakhs
Variable (13%)
₹1.4 Lakh
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85% more than the average Retail Manager Salary in Consumer Electronics & Appliances Companies for 7 - 12 years of experience

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Salaries in different departments

Marketing & Communication
Retail Manager Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹8 L/yr

Customer Success, Service & Operations
Retail Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹12.1 L/yr - ₹14.8 L/yr

Merchandising, Retail & eCommerce
Retail Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹11 L/yr

Last Updated: 14 Aug 2024

Companies similar to IFB for Retail Manager

Company name Avg Annual Salary Open Jobs
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Samsung Retail Manager Salary

1 - 11 years exp. (5 salaries)

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₹2.4 L/yr - ₹7.4 L/yr

arrow icon 61% less
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Lava International Retail Manager Salary

4 - 17 years exp. (4 salaries)

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₹4.1 L/yr - ₹7.3 L/yr

arrow icon 57% less
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OPPO Retail Manager Salary

0 - 10 years exp. (4 salaries)

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₹3.1 L/yr - ₹9.5 L/yr

arrow icon 42% less
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USHA International Retail Manager Salary

4 - 16 years exp. (3 salaries)

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₹6.1 L/yr - ₹7 L/yr

arrow icon 39% less
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CARS24 Retail Manager Salary

3 - 12 years exp. (419 salaries)

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₹2.7 L/yr - ₹7.2 L/yr

arrow icon 52% less
1 job opening
Retail Manager salary at IFB ranges between ₹7 Lakhs to ₹13.5 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of IFB.

Latest annual salaries shared by IFB Retail Manager

5mo ago
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7 years exp.
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10 years exp.
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10 years exp.
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11 years exp.
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12 years exp.

Experience wise IFB Retail Manager salaries

Last Updated: 14 Aug 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹13.5 L/yr
8 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.4 L/yr
9 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
10 years (AmbitionBox Estimate)

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₹4 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)

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₹8 L/yr - ₹15.4 L/yr
View all

Similar Designation salaries in IFB

Store Manager Salary
(26 salaries)
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₹2.05 L/yr - ₹6 L/yr
Area Manager Salary
(13 salaries)
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₹9 L/yr - ₹14.7 L/yr
Deputy Manager Salary
(58 salaries)
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₹10.5 L/yr - ₹22.4 L/yr
Branch Manager Salary
(5 salaries)
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₹10 L/yr - ₹40 L/yr
Sales Manager Salary
(14 salaries)
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₹2.2 L/yr - ₹15 L/yr
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₹6.2 L/yr - ₹13.08 L/yr
Cluster Manager Salary
(20 salaries)
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₹4.5 L/yr - ₹8.75 L/yr
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₹6 L/yr - ₹16.5 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Business Manager Salary
(121 salaries)
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₹7 L/yr - ₹24 L/yr

Salary related reviews for IFB

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

read more
  • Salary - Bad
  • +3 more

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.

read more

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

read more
  • Skill development - Excellent
  • +3 more

Dislikes

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

read more
  • Promotions - Poor

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

read more
  • Skill development - Good
  • +3 more

Dislikes

Long working hours less wages

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

read more
see more salary related reviews

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IFB Retail Manager Salary FAQs

What is the salary of Retail Manager at IFB ?
The average salary of a Retail Manager at IFB in India typically ranges from ₹7.0 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Retail Manager at IFB earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Retail 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 Retail Manager at IFB in India?
The estimated take-home salary of a Retail Manager at IFB in India typically ranges from ₹75,401 to ₹77,353 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 7 years to 12 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.
What is the salary of a Retail Manager in companies similar to IFB in India?
The salary of a Retail Manager at companies similar to IFB in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

USHA International ₹6.1 Lakhs to ₹7.0 Lakhs per year
OPPO ₹3.1 Lakhs to ₹9.5 Lakhs per year
CARS24 ₹2.7 Lakhs to ₹7.2 Lakhs per year
Lava International ₹4.1 Lakhs to ₹7.3 Lakhs per year
Samsung ₹2.4 Lakhs to ₹7.4 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 Retail Manager at IFB in India?
The salary growth for a Retail Manager at IFB depends on factors such as experience, performance, and promotions. On average, a Retail Manager can expect the following growth trajectory at IFB:

Experience Average Salary Range
7 years ₹13.5 Lakhs to ₹13.5 Lakhs per year
8 years ₹11.3 Lakhs to ₹14.4 Lakhs per year
9 years ₹10.1 Lakhs to ₹12.9 Lakhs per year
10 years ₹4.0 Lakhs to ₹11.0 Lakhs per year
and so on.

Tell us how to improve this page.

IFB Retail Manager salary in India ranges between ₹7 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IFB latest salaries received from various employees of IFB.