IFCI Financial Services Mumbai Manager Salaries by 3 Employees (Updated 2025)

7 - 11 years exp.

₹20.5 Lakhs - ₹26.9 Lakhs

Low Confidence

Salary of majority employees

48% more than the average Manager Salary in FMCG Companies for 7 - 11 years of experience

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Last Updated: 30 Jan 2025

Companies similar to IFCI Financial Services for Manager in Mumbai

IFCI Financial Services Manager Salary

7 - 11 years exp. (3 salaries)

₹20.5 L/yr - ₹26.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Manager Salary 3 - 14 years exp. (234 salaries)	₹5.1 L/yr - ₹21 L/yr 48% less
L&T Finance Manager Salary 1 - 14 years exp. (245 salaries)	₹5.2 L/yr - ₹17 L/yr 54% less
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Bajaj Finance Manager Salary 1 - 10 years exp. (56 salaries)	₹3.6 L/yr - ₹11.4 L/yr 73% less
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹5.2 L/yr - ₹17.5 L/yr 58% less
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹12.8 L/yr 66% less
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.6 L/yr 48% less
Axis Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.5 L/yr - ₹18 L/yr 58% less	2 job openings
Sammaan Capital Limited Manager Salary 3 - 13 years exp. (16 salaries)	₹4 L/yr - ₹14 L/yr 63% less
Reliance Capital Manager Salary 3 - 16 years exp. (6 salaries)	₹14.9 L/yr - ₹24 L/yr 32% less
Aditya Birla Capital Manager Salary 1 - 12 years exp. (97 salaries)	₹4.9 L/yr - ₹21.9 L/yr 50% less
Procter & Gamble Manager Salary 1 - 8 years exp. (39 salaries)	₹20.1 L/yr - ₹34 L/yr 17% more
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Marico Manager Salary 4 - 10 years exp. (27 salaries)	₹16.5 L/yr - ₹44 L/yr 34% more
Godrej Consumer Products Manager Salary 1 - 10 years exp. (27 salaries)	₹12 L/yr - ₹33 L/yr 1% less
Colgate Palmolive Manager Salary 5 - 18 years exp. (19 salaries)	₹26 L/yr - ₹47 L/yr 53% more
Kellogg Manager Salary 5 - 12 years exp. (9 salaries)	₹11.5 L/yr - ₹30 L/yr 1% more
Tata Consumer Products Manager Salary 7 - 15 years exp. (5 salaries)	₹18 L/yr - ₹31.1 L/yr 7% more
Wipro Enterprises Ltd Manager Salary 10 - 16 years exp. (4 salaries)	₹7.7 L/yr - ₹21.1 L/yr 31% less
Wipro Consumer Care & Lighting Manager Salary 8 - 13 years exp. (4 salaries)	₹14.2 L/yr - ₹20 L/yr 31% less
Kores Manager Salary 13 - 16 years exp. (3 salaries)	₹10 L/yr - ₹13.2 L/yr 50% less
Britannia Manager Salary 4 - 6 years exp. (3 salaries)	₹11 L/yr - ₹15.4 L/yr 38% less

Manager salary at IFCI Financial Services ranges between ₹20.5 Lakhs to ₹26.9 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of IFCI Financial Services.

Experience wise IFCI Financial Services Manager salaries in Mumbai

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹24 L/yr
8 years (AmbitionBox Estimate)	₹20.6 L/yr - ₹26.3 L/yr
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9 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹42.4 L/yr
10 years (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.9 L/yr
11 years (AmbitionBox Estimate)	₹22 L/yr - ₹44.9 L/yr

From

Manager

6 - 14 years exp.

Assistant General Manager

₹

Lakhs/yr

6 - 23 years exp.

From

Manager

6 - 14 years exp.

Finance Manager

12 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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 Manager Salary FAQs

What is the notice period for Manager at IFCI Financial Services in Mumbai?

According to AmbitionBox, 100% of the IFCI Financial Services Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IFCI Financial Services Manager Salaries in Mumbai

IFCI Financial Services Manager salary in Mumbai ranges between ₹20.5 Lakhs to ₹26.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IFCI Financial Services latest salaries received from various employees of IFCI Financial Services.