IFCI Financial Services Mumbai Salaries by 20+ Employees (Updated 2025)

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BFSI, Investments & Trading

Designation	Avg Annual Salary	Open Jobs
Deputy Manager 9 - 10 years exp. · Mumbai (AmbitionBox Estimate)	₹4.8 L/yr - ₹6 L/yr
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Research Analyst 18 - 19 years exp. · Mumbai (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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Credit Officer 10 - 11 years exp. · Mumbai (AmbitionBox Estimate)	₹23 L/yr - ₹29.3 L/yr
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Assistant Manager LAW 10 - 12 years exp. · Mumbai (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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Chief Digital Officer 19 years exp. · Mumbai (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
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Sales Manager 5 years exp. · Mumbai (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Financial Controller 15 years exp. · Mumbai (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr
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Assistant General Manager Legal 16 years exp. · Mumbai (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
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Product Manager 16 years exp. · Mumbai (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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Operations Manager 9 years exp. · Mumbai (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Audit Manager 2 years exp. · Mumbai (AmbitionBox Estimate)	₹0.2 L/yr - ₹0.2 L/yr
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Product and Operations Manager 16 years exp. · Mumbai (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Manager 7 - 11 years exp. · Mumbai (3 salaries)	₹20.5 L/yr - ₹24 L/yr
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Executive 1 - 4 years exp. · Mumbai (AmbitionBox Estimate)	₹3 L/yr - ₹4.3 L/yr
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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Salary related reviews for IFCI Financial Services

4.7

Rated by 4 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.

Dislikes

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

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.

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.

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

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.

Dislikes

Nothing in particular

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IFCI Financial Services interview questions by designations

Senior Manager Finance (1)Dean Academics (1)Accounts Associate (1)Assistant Chartered Accountant (1)

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Know more about IFCI Financial Services Mumbai

IFCI Financial Services Salary FAQs

How much does IFCI Financial Services pay per year?

The average IFCI Financial Services salary ranges from approximately ₹1.2 Lakh to ₹3 Lakhs per year for a Sales Executive and ₹35 Lakhs to ₹50 Lakhs per year for a Deputy General Manager. Salary estimates are based on 22 IFCI Financial Services salaries received from various employees of IFCI Financial Services. IFCI Financial Services employees rate the overall salary and benefits package 4.7/5 stars.

What is the highest salary in IFCI Financial Services?

The highest-paying job at IFCI Financial Services is a Deputy General Manager with a salary of ₹35 Lakhs to ₹50 Lakhs per year. The top 10% of employees earn more than ₹35 lakhs per year. The top 1% earn more than a whopping ₹45.90 lakhs per year.

What is the minimum salary in IFCI Financial Services?

Minimum salary at IFCI Financial Services depends on the role you are applying for. For Executive the minimum salary is ₹2 Lakhs to ₹7.2 Lakhs per year, and for Associate the minimum salary is ₹6 Lakhs to ₹12 Lakhs per year and so on.

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

According to AmbitionBox, 50% of the IFCI Financial Services employees in Mumbai reported a notice period of 3 Months, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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IFCI Financial Services Mumbai Salaries by Department

Average annual salary in IFCI Financial Services , Mumbai is INR . Salary estimates are based on 22 IFCI Financial Services latest salaries received from various employees of IFCI Financial Services.