IFCI Financial Services Associate Director Salaries by 4 Employees (Updated 2025)

16 - 18 years exp.

₹22.5 Lakhs - ₹28.8 Lakhs

Low Confidence

Salary of majority employees

Fixed (92%)

₹23 Lakhs

Variable (8%)

₹2.0 Lakhs

37% less than the average Associate Director Salary in FMCG Companies for 16 - 18 years of experience

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Last Updated: 14 Feb 2025

Companies similar to IFCI Financial Services for Associate Director

Company name	Avg Annual Salary	Open Jobs
Edelweiss Associate Director Salary 10 - 24 years exp. (47 salaries)	₹30 L/yr - ₹96 L/yr 122% more
L&T Finance Associate Director Salary 12 - 17 years exp. (5 salaries)	₹32 L/yr - ₹45 L/yr 55% more
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HDFC Bank Associate Director Salary 1 - 15 years exp. (91 salaries)	₹9 L/yr - ₹34 L/yr 18% less
Kotak Mahindra Bank Associate Director Salary 6 - 20 years exp. (23 salaries)	₹24 L/yr - ₹55 L/yr 69% more
Reliance Capital Associate Director Salary 8 - 12 years exp. (3 salaries)	₹16 L/yr - ₹20 L/yr 31% less
Tata Consumer Products Associate Director Salary 1 - 23 years exp. (29 salaries)	₹26 L/yr - ₹55 L/yr 85% more
Procter & Gamble Associate Director Salary 4 - 12 years exp. (4 salaries)	₹40 L/yr - ₹75 L/yr 141% more
Colgate Palmolive Associate Director Salary 9 - 25 years exp. (4 salaries)	₹89 L/yr - ₹1.3 Cr/yr 336% more
Kellogg Associate Director Salary 13 - 15 years exp. (3 salaries)	₹58.9 L/yr - ₹94 L/yr 139% more

Associate Director salary at IFCI Financial Services ranges between ₹22.5 Lakhs to ₹28.8 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of IFCI Financial Services.

Experience wise IFCI Financial Services Associate Director salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹22.5 L/yr - ₹28.8 L/yr
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Similar Designation salaries in IFCI Financial Services

Associate Consultant Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Product Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.7 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Top skills at IFCI Financial Services for Associate Director

Advisory Services Project Management Report Writing Credit Appraisal Finance Revenue Generation Customer Interaction Problem Solving Consulting Communication Skills Drafting Liaison Client Management Subject Matter Expertise

Salary related reviews for IFCI Financial Services

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

see more salary related reviews

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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IFCI Financial Services Associate Director Salary FAQs

What is the salary of Associate Director at IFCI Financial Services?

Associate Director salary at IFCI Financial Services in India ranges between ₹22.5 Lakhs to ₹28.8 Lakhs for experience between 16 years to 18 years. According to our estimates it is 37% less than the average Associate Director Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IFCI Financial Services India.

How does the salary of a Associate Director at IFCI Financial Services India compare with the average salary range for this job?

The average salary of a Associate Director at IFCI Financial Services is 37% less than the average salary of a Associate Director in India. To know exact salary insights, login to view.

What are the top skills required to work as a Associate Director at IFCI Financial Services?

Advisory Services, Project Management, Report Writing, Credit Appraisal and Finance are some of the popular skills required to work as a Associate Director at IFCI Financial Services India.

Which similar companies are paying more than IFCI Financial Services to a Associate Director in India?

Colgate Palmolive Associate Director Salary - ₹89.0 Lakhs to ₹125.0 Lakhs per year
Procter & Gamble Associate Director Salary - ₹40.0 Lakhs to ₹75.0 Lakhs per year
Kellogg Associate Director Salary - ₹58.9 Lakhs to ₹94.0 Lakhs per year
Edelweiss Associate Director Salary - ₹30.0 Lakhs to ₹96.0 Lakhs per year
Tata Consumer Products Associate Director Salary - ₹26.0 Lakhs to ₹55.0 Lakhs per year

What is the salary of a Associate Director in companies similar to IFCI Financial Services in India?

Kotak Mahindra Bank Associate Director Salary - ₹24.0 Lakhs to ₹55.0 Lakhs per year
L&T Finance Associate Director Salary - ₹32.0 Lakhs to ₹45.0 Lakhs per year
HDFC Bank Associate Director Salary - ₹9.0 Lakhs to ₹34.0 Lakhs per year
Reliance Capital Associate Director Salary - ₹16.0 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Associate Director at IFCI Financial Services in India?

The estimated take-home salary of a Associate Director at IFCI Financial Services ranges between ₹1,58,411 per month to ₹1,64,437 per month in India. The take-home salary calculation is based on the average IFCI Financial Services Associate Director salary in India which ranges between ₹22.5 Lakhs to ₹28.8 Lakhs per year for employees with experience between 16 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Associate Director at IFCI Financial Services?

According to AmbitionBox, 100% of the IFCI Financial Services Associate Directors reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IFCI Financial Services Associate Director Salaries

IFCI Financial Services Associate Director salary in India ranges between ₹22.5 Lakhs to ₹28.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IFCI Financial Services latest salaries received from various employees of IFCI Financial Services.