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
Tata Consumer Products Associate Director Salary 8 - 23 years exp. (35 salaries)	₹26 L/yr - ₹80 L/yr 91% more
Procter & Gamble Associate Director Salary 4 - 12 years exp. (4 salaries)	₹40 L/yr - ₹75 L/yr 141% more
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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
UBS Associate Director Salary 6 - 20 years exp. (3.4k salaries)	₹14.8 L/yr - ₹53.5 L/yr 37% 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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IFCI Financial Services Associate Director Salary FAQs

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

The average salary of a Associate Director at IFCI Financial Services in India typically ranges from ₹22.5 Lakhs to ₹28.8 Lakhs per year, depending on experience (from 16 years to 18 years).

The top 10% of Associate Director at IFCI Financial Services earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Associate Director 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 4 IFCI Financial Services employees in India.

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 in India typically ranges from ₹1,58,411 to ₹1,64,437 per month. This is based on the average salary range of ₹22.5 Lakhs to ₹28.8 Lakhs per year for employees with experience ranging from 16 years to 18 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 4 salaries received from various employees of IFCI Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Director at IFCI Financial Services ?

To be a Associate Director at IFCI Financial Services in india, the key skills required include:

- Advisory Services
- Project Management
- Report Writing
- Credit Appraisal
- Finance

These skills are highly valued at IFCI Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IFCI Financial Services for Associate Director in India?

Colgate Palmolive	₹89.0 Lakhs to ₹125.0 Lakhs per year
Procter & Gamble	₹40.0 Lakhs to ₹75.0 Lakhs per year
Kellogg	₹58.9 Lakhs to ₹94.0 Lakhs per year
Tata Consumer Products	₹26.0 Lakhs to ₹80.0 Lakhs per year
UBS	₹14.8 Lakhs to ₹53.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IFCI Financial Services, depending on the role and experience level.

How the salary growth look like for a Associate Director at IFCI Financial Services in India?

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

Experience	Average Salary Range
15 years	₹22.5 Lakhs to ₹28.8 Lakhs per year

and so on.

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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.