IFCI Financial Services Assistant General Manager Salaries by 9 Employees (Updated 2025)

6 - 19 years exp.

₹16.5 Lakhs - ₹33 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

21% more than the average Assistant General Manager Salary in FMCG Companies for 6 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant General Manager Salary 6 - 13 years exp. (4 salaries)	₹16.5 L/yr - ₹31 L/yr
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Administration & Facilities Assistant General Manager Salary 10 - 19 years exp. (AmbitionBox Estimate)	₹30 L/yr - ₹33 L/yr

Last Updated: 14 Mar 2025

Companies similar to IFCI Financial Services for Assistant General Manager

Company name	Avg Annual Salary	Open Jobs
Emami Assistant General Manager Salary 11 - 21 years exp. (26 salaries)	₹18 L/yr - ₹50 L/yr At par
Patanjali Ayurved Assistant General Manager Salary 8 - 29 years exp. (12 salaries)	₹13.5 L/yr - ₹20 L/yr 44% less
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Kores Assistant General Manager Salary 19 - 33 years exp. (5 salaries)	₹13 L/yr - ₹16 L/yr 50% less	1 job opening
Fena Assistant General Manager Salary 18 - 31 years exp. (5 salaries)	₹18 L/yr - ₹25 L/yr 27% less
Baramati Agro Assistant General Manager Salary 21 - 25 years exp. (4 salaries)	₹15.3 L/yr - ₹22 L/yr 42% less
Bikanervala Assistant General Manager Salary 11 - 18 years exp. (4 salaries)	₹18 L/yr - ₹21 L/yr 36% less
Hindustan Foods Assistant General Manager Salary 18 - 21 years exp. (3 salaries)	₹19.8 L/yr - ₹25.3 L/yr 26% less

Assistant General Manager salary at IFCI Financial Services ranges between ₹16.5 Lakhs to ₹33 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 9 latest salaries received from various employees of IFCI Financial Services.

Experience wise IFCI Financial Services Assistant General Manager salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹31 L/yr - ₹57.7 L/yr
7 years (AmbitionBox Estimate)	₹28.5 L/yr - ₹36.5 L/yr
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8 years (AmbitionBox Estimate)	₹28.2 L/yr - ₹36.1 L/yr
9 years (AmbitionBox Estimate)	₹25 L/yr - ₹55.8 L/yr
10 years (AmbitionBox Estimate)	₹25 L/yr - ₹55.2 L/yr
11 years (AmbitionBox Estimate)	₹25 L/yr - ₹54.6 L/yr
12 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
13 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹53.3 L/yr
14 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹33 L/yr
15+ years (AmbitionBox Estimate)	₹11.3 L/yr - ₹30 L/yr

View all

Similar Designation salaries in IFCI Financial Services

Area Sales Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Relationship Manager Salary

(3 salaries)

₹3 L/yr - ₹3.4 L/yr

Branch Manager Salary

(5 salaries)

₹4.66 L/yr - ₹5.85 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Sales Manager Salary

(3 salaries)

₹0.4 L/yr - ₹4 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Deputy Manager Salary

(6 salaries)

₹4.2 L/yr - ₹7 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹0.4 L/yr - ₹0.5 L/yr

Sales Executive Salary

(4 salaries)

₹1.2 L/yr - ₹3 L/yr

Salary related reviews for IFCI Financial Services

5.0

Rated by 2 employees for salary & benefits

Executive in Chennai

Full Time

Other Department

4.0

• posted on 05 Aug 2024

3.0

for Salary and Benefits

Likes

We can tried by all the seniors. Leading process is very comfortable with a seniors. It's my first job. And very happy to working with the company. And we have a flexible time. Very safe place to work.

Skill development - Good

+4 more

Dislikes

Nothing but the appraisal is not properly given to the employees.

Promotions - Poor

Branch Manager in Chennai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 May 2023

5.0

for Salary and Benefits

Likes

Incentive every 3 months , ive got 3-12 laks as incentive, but the major set back is i have to give the back the major part to the MD Karra vishveshwara rao & the associate management.

Salary - Excellent

+6 more

Dislikes

Karra vishveshwara rao loots the company .

Deputy General Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 30 Oct 2018

4.0

for Salary and Benefits

Likes

Best place to learn financing big projects and all India exposure. Being the oldest premier financial institution since 1948 great experience for learning. You will find the top executives in major Banks in private sector are having background of IFCI.

Salary - Good

+6 more

Dislikes

Nothing in particular.

Assistant Manager

Human Resources Department

4.0

• posted on 26 Oct 2018

5.0

for Salary and Benefits

Likes

Working in IFCI was excellent till 2007 and was worst during the period of one of the most arrogant CEO MD who was removed by Govt. as per hon'ble SC directions. Thanks

Salary - Excellent

+6 more

Dislikes

Boss appeasement is mandatory for career upgradation

Deputy General Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 12 Sep 2018

4.0

for Salary and Benefits

Likes

The company was India's premier Development Financial Institution for financing industry and provided excellent learning opportunities in various facets of project/industrial financing.

Salary - Good

+6 more

Dislikes

Nothing in particular

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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IFCI Financial Services Assistant General Manager Salary FAQs

What is the salary of Assistant General Manager at IFCI Financial Services ?

The average salary of a Assistant General Manager at IFCI Financial Services in India typically ranges from ₹16.5 Lakhs to ₹33.0 Lakhs per year, depending on experience (from 6 years to 19 years).

The top 10% of Assistant General Manager at IFCI Financial Services earn more than ₹32.2 Lakhs per year, and the top 1% earn over ₹33.0 Lakhs per year. Assistant General Manager Salaries at IFCI Financial Services 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 9 IFCI Financial Services employees in India.

What is the estimated take home salary of a Assistant General Manager at IFCI Financial Services in India?

The estimated take-home salary of a Assistant General Manager at IFCI Financial Services in India typically ranges from ₹1,83,978 to ₹1,91,159 per month. This is based on the average salary range of ₹16.5 Lakhs to ₹33.0 Lakhs per year for employees with experience ranging from 6 years to 19 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 9 salaries received from various employees of IFCI Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Assistant General Manager in companies similar to IFCI Financial Services in India?

The salary of a Assistant General Manager at companies similar to IFCI Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Emami	₹18.0 Lakhs to ₹50.0 Lakhs per year
Hindustan Foods	₹19.8 Lakhs to ₹25.3 Lakhs per year
Fena	₹18.0 Lakhs to ₹25.0 Lakhs per year
Bikanervala	₹18.0 Lakhs to ₹21.0 Lakhs per year
Baramati Agro	₹15.3 Lakhs to ₹22.0 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 Assistant General Manager at IFCI Financial Services in India?

The salary growth for a Assistant General Manager at IFCI Financial Services depends on factors such as experience, performance, and promotions. On average, a Assistant General Manager can expect the following growth trajectory at IFCI Financial Services:

Experience	Average Salary Range
6 years	₹31.0 Lakhs to ₹57.7 Lakhs per year
7 years	₹28.5 Lakhs to ₹36.5 Lakhs per year
8 years	₹28.2 Lakhs to ₹36.1 Lakhs per year
9 years	₹25.0 Lakhs to ₹55.8 Lakhs per year

and so on.

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IFCI Financial Services Assistant General Manager Salaries

IFCI Financial Services Assistant General Manager salary in India ranges between ₹16.5 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IFCI Financial Services latest salaries received from various employees of IFCI Financial Services.

IFCI Financial Services Assistant General Manager salaries in India (Updated 2025)

Companies similar to IFCI Financial Services for Assistant General Manager

Latest annual salaries shared by IFCI Financial Services Assistant General Manager

Experience wise IFCI Financial Services Assistant General Manager salaries

Similar Designation salaries in IFCI Financial Services

Salary related reviews for IFCI Financial Services

Executive in Chennai

Branch Manager in Chennai

Deputy General Manager in New Delhi

Assistant Manager

Deputy General Manager in New Delhi

IFCI Financial Services Assistant General Manager Salary FAQs

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