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IFB Store Manager salaries in India (Updated 2025)

Annual salary range
3 - 10 years exp.
₹2.1 Lakhs - ₹6 Lakhs
Salary of majority employees
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37% less than the average Store Manager Salary in Consumer Electronics & Appliances Companies for 3 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Store Manager Salary
3 - 8 years exp. (9 salaries)
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₹2.1 L/yr - ₹4.6 L/yr

Marketing & Communication
Store Manager Salary
3 - 7 years exp. (3 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

CSR & Social Service
Store Manager Salary
5 - 10 years exp. (3 salaries)
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₹3.5 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Store Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3.7 L/yr

Procurement & Supply Chain
Store Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹6 L/yr

Last Updated: 18 Mar 2025

Companies similar to IFB for Store Manager

Company name Avg Annual Salary Open Jobs
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Samsung Store Manager Salary

3 - 15 years exp. (64 salaries)

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₹2 L/yr - ₹6.8 L/yr

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OnePlus Store Manager Salary

6 - 12 years exp. (47 salaries)

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₹2.2 L/yr - ₹8 L/yr

arrow icon 45% more
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Apple Store Manager Salary

6 - 12 years exp. (39 salaries)

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₹2.5 L/yr - ₹10 L/yr

arrow icon 54% more
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OPPO Store Manager Salary

1 - 8 years exp. (24 salaries)

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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 13% less
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LG Electronics Store Manager Salary

2 - 15 years exp. (23 salaries)

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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 7% less
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TTK Prestige Store Manager Salary

1 - 8 years exp. (9 salaries)

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₹1.9 L/yr - ₹2.4 L/yr

arrow icon 32% less
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USHA International Store Manager Salary

6 - 10 years exp. (8 salaries)

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₹4.8 L/yr - ₹9 L/yr

arrow icon 72% more
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Orient Electric Store Manager Salary

4 - 8 years exp. (6 salaries)

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₹3 L/yr - ₹5 L/yr

arrow icon 12% more
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Blue Star Store Manager Salary

2 - 17 years exp. (5 salaries)

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₹1.8 L/yr - ₹9 L/yr

arrow icon 42% more
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PG Electroplast Store Manager Salary

11 - 12 years exp. (4 salaries)

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₹4.8 L/yr - ₹11.7 L/yr

arrow icon 135% more
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TVS Electronics Store Manager Salary

4 - 7 years exp. (4 salaries)

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₹2.7 L/yr - ₹4.3 L/yr

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Voltas Store Manager Salary

10 - 20 years exp. (4 salaries)

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₹3.6 L/yr - ₹7.8 L/yr

arrow icon 79% more
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Bajaj Electricals Store Manager Salary

14 - 22 years exp. (3 salaries)

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₹6 L/yr - ₹8.8 L/yr

arrow icon 105% more
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Whirlpool Store Manager Salary

6 - 7 years exp. (3 salaries)

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₹3 L/yr - ₹4.4 L/yr

At par
Store Manager salary at IFB ranges between ₹2.1 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 26 latest salaries received from various employees of IFB.

Latest annual salaries shared by IFB Store Manager

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6 years exp.
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5 years exp.
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8 years exp.
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6 years exp.

Experience wise IFB Store Manager salaries

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
3 years  (5 salaries)

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₹2 L/yr - ₹3.5 L/yr
4 years  (5 salaries)

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₹2 L/yr - ₹5.5 L/yr
5 years  (6 salaries)

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₹2.2 L/yr - ₹4.6 L/yr
6 years  (5 salaries)

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₹3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in IFB

Area Manager Salary
(13 salaries)
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₹9 L/yr - ₹14.7 L/yr
Sales Manager Salary
(14 salaries)
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₹2.2 L/yr - ₹15 L/yr
Retail Manager Salary
(5 salaries)
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₹7 L/yr - ₹13.47 L/yr
Branch Manager Salary
(5 salaries)
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₹10 L/yr - ₹40 L/yr
Store Incharge Salary
(26 salaries)
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₹2.15 L/yr - ₹7.95 L/yr
Cluster Manager Salary
(20 salaries)
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₹4.5 L/yr - ₹8.75 L/yr
Deputy Manager Salary
(58 salaries)
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₹10.5 L/yr - ₹22.4 L/yr
Business Manager Salary
(121 salaries)
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₹7 L/yr - ₹24 L/yr
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₹6.2 L/yr - ₹13.08 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr

Salary related reviews for IFB

4.7

Rated by 7 employees for salary & benefits

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

 · 

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

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  • 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

read more
see more salary related reviews

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IFB Store Manager Salary FAQs

What is the salary of Store Manager at IFB ?
The average salary of a Store Manager at IFB in India typically ranges from ₹2.1 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Store Manager at IFB earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Store 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 20+ IFB employees in India.
What is the estimated take home salary of a Store Manager at IFB in India?
The estimated take-home salary of a Store Manager at IFB in India typically ranges from ₹25,658 to ₹27,087 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 10 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 20+ salaries received from various employees of IFB. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IFB for Store Manager in India?
PG Electroplast ₹4.8 Lakhs to ₹11.7 Lakhs per year
Bajaj Electricals ₹6.0 Lakhs to ₹8.8 Lakhs per year
Voltas ₹3.6 Lakhs to ₹7.8 Lakhs per year
USHA International ₹4.8 Lakhs to ₹9.0 Lakhs per year
Apple ₹2.5 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IFB, depending on the role and experience level.
What is the salary of a Store Manager in companies similar to IFB in India?
The salary of a Store Manager at companies similar to IFB in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

OnePlus ₹2.2 Lakhs to ₹8.0 Lakhs per year
Blue Star ₹1.8 Lakhs to ₹9.0 Lakhs per year
Samsung ₹2.0 Lakhs to ₹6.8 Lakhs per year
Orient Electric ₹3.0 Lakhs to ₹5.0 Lakhs per year
Whirlpool ₹3.0 Lakhs to ₹4.4 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 Store Manager at IFB in India?
The salary growth for a Store Manager at IFB depends on factors such as experience, performance, and promotions. On average, a Store Manager can expect the following growth trajectory at IFB:

Experience Average Salary Range
3 years ₹2.0 Lakhs to ₹3.5 Lakhs per year
4 years ₹2.0 Lakhs to ₹5.5 Lakhs per year
5 years ₹2.2 Lakhs to ₹4.6 Lakhs per year
6 years ₹3.0 Lakhs to ₹5.5 Lakhs per year
and so on.

Tell us how to improve this page.

IFB Store Manager salary in India ranges between ₹2.1 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 IFB latest salaries received from various employees of IFB.