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

6 - 23 years exp.

₹16.5 Lakhs - ₹33 Lakhs

Salary of majority employees

10% more than the average Assistant General Manager Salary in FMCG Companies for 6 - 23 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 - 23 years exp. (AmbitionBox Estimate)	₹28 L/yr - ₹30 L/yr

Last Updated: 29 Jan 2025

Companies similar to IFCI Financial Services for Assistant General Manager

Company name	Avg Annual Salary	Open Jobs
L&T Finance Assistant General Manager Salary 12 - 15 years exp. (4 salaries)	₹34.2 L/yr - ₹61 L/yr 122% more
HDFC Bank Assistant General Manager Salary 11 - 17 years exp. (19 salaries)	₹18.5 L/yr - ₹42 L/yr 13% more
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Kotak Mahindra Bank Assistant General Manager Salary 0 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 87% less
ICICI Bank Assistant General Manager Salary 15 - 24 years exp. (196 salaries)	₹28.6 L/yr - ₹75 L/yr 96% more
Sammaan Capital Limited Assistant General Manager Salary 5 - 17 years exp. (19 salaries)	₹19 L/yr - ₹45 L/yr 28% more
Emami Assistant General Manager Salary 11 - 21 years exp. (26 salaries)	₹18 L/yr - ₹50 L/yr 11% more
Patanjali Ayurved Assistant General Manager Salary 8 - 29 years exp. (14 salaries)	₹13.5 L/yr - ₹20 L/yr 34% less
Kores Assistant General Manager Salary 19 - 33 years exp. (5 salaries)	₹13 L/yr - ₹16 L/yr 45% less
Bikanervala Assistant General Manager Salary 11 - 18 years exp. (4 salaries)	₹18 L/yr - ₹21 L/yr 29% 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 23 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: 29 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹31 L/yr
7 years (AmbitionBox Estimate)	₹25.8 L/yr - ₹33 L/yr
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8 years (AmbitionBox Estimate)	₹25.6 L/yr - ₹32.7 L/yr
9 years (AmbitionBox Estimate)	₹25 L/yr - ₹50.8 L/yr
10 years (AmbitionBox Estimate)	₹25 L/yr - ₹30 L/yr
11 years (AmbitionBox Estimate)	₹25 L/yr - ₹30 L/yr
12 years (AmbitionBox Estimate)	₹24.8 L/yr - ₹31.6 L/yr
13 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹49.1 L/yr
14 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹33 L/yr
15+ years (AmbitionBox Estimate)	₹10.3 L/yr - ₹28 L/yr

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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

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IFCI Financial Services Assistant General Manager Salary FAQs

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

Assistant General Manager salary at IFCI Financial Services in India ranges between ₹16.5 Lakhs to ₹33.0 Lakhs for experience between 6 years to 23 years. According to our estimates it is 10% more than the average Assistant General Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of IFCI Financial Services India.

How does the salary of a Assistant General Manager at IFCI Financial Services India compare with the average salary range for this job?

The average salary of a Assistant General Manager at IFCI Financial Services is 10% more than the average salary of a Assistant General Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IFCI Financial Services to a Assistant General Manager in India?

L&T Finance Assistant General Manager Salary - ₹34.2 Lakhs to ₹61.0 Lakhs per year
ICICI Bank Assistant General Manager Salary - ₹28.6 Lakhs to ₹75.0 Lakhs per year
Sammaan Capital Limited Assistant General Manager Salary - ₹19.0 Lakhs to ₹45.0 Lakhs per year
HDFC Bank Assistant General Manager Salary - ₹18.5 Lakhs to ₹42.0 Lakhs per year
Emami Assistant General Manager Salary - ₹18.0 Lakhs to ₹50.0 Lakhs per year

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

Bikanervala Assistant General Manager Salary - ₹18.0 Lakhs to ₹21.0 Lakhs per year
Patanjali Ayurved Assistant General Manager Salary - ₹13.5 Lakhs to ₹20.0 Lakhs per year
Kores Assistant General Manager Salary - ₹13.0 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Bank Assistant General Manager Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year

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 ranges between ₹1,68,554 per month to ₹1,75,039 per month in India. The take-home salary calculation is based on the average IFCI Financial Services Assistant General Manager salary in India which ranges between ₹16.5 Lakhs to ₹33.0 Lakhs per year for employees with experience between 6 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Assistant General Manager at IFCI Financial Services?

According to AmbitionBox, 60% of the IFCI Financial Services Assistant General Managers reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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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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