IIFL Finance Business Analyst Salaries by 20+ Employees (Updated 2025)

1 - 9 years exp.

₹4.2 Lakhs - ₹12.5 Lakhs

Salary of majority employees

22% less than the average Business Analyst Salary in NBFC Companies for 1 - 9 years of experience

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Salaries in different departments

Product Management Business Analyst Salary 4 - 9 years exp. (7 salaries)	₹4.8 L/yr - ₹12 L/yr
Data Science & Analytics Business Analyst Salary 1 - 5 years exp. (5 salaries)	₹4.2 L/yr - ₹8 L/yr
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Engineering - Hardware & Networks Business Analyst Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹7.6 L/yr
Engineering - Software & QA Business Analyst Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.8 L/yr

Last Updated: 5 Jan 2025

Companies similar to IIFL Finance for Business Analyst

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Business Analyst Salary 1 - 9 years exp. (28 salaries)	₹2.6 L/yr - ₹10.8 L/yr 9% less
Kotak Securities Business Analyst Salary 1 - 7 years exp. (36 salaries)	₹3.1 L/yr - ₹11.4 L/yr 5% more
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ICICI Securities Business Analyst Salary 0 - 5 years exp. (42 salaries)	₹3.8 L/yr - ₹12.4 L/yr 8% less	1 job opening
Sharekhan Business Analyst Salary 2 - 11 years exp. (22 salaries)	₹4 L/yr - ₹12.3 L/yr 3% more
Angel One Business Analyst Salary 1 - 8 years exp. (35 salaries)	₹4.5 L/yr - ₹15 L/yr 16% more	2 job openings
Motilal Oswal Financial Services Business Analyst Salary 2 - 10 years exp. (48 salaries)	₹3.7 L/yr - ₹10.5 L/yr 8% more	2 job openings
Edelweiss Business Analyst Salary 2 - 7 years exp. (47 salaries)	₹5 L/yr - ₹19 L/yr 53% more
Axis Direct Business Analyst Salary 3 - 13 years exp. (6 salaries)	₹3.9 L/yr - ₹13 L/yr 10% more
Reliance Securities Business Analyst Salary 1 - 4 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 6% less
Karvy Stock Broking Business Analyst Salary 5 - 6 years exp. (4 salaries)	₹12 L/yr - ₹18 L/yr 72% more
Aditya Birla Finance Business Analyst Salary 1 - 9 years exp. (60 salaries)	₹6.3 L/yr - ₹20 L/yr 94% more
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Bajaj Finance Business Analyst Salary 1 - 8 years exp. (45 salaries)	₹6 L/yr - ₹22.5 L/yr 71% more
HDB Financial Services Business Analyst Salary 1 - 8 years exp. (39 salaries)	₹1.4 L/yr - ₹9.4 L/yr 24% less
Aavas Financiers Business Analyst Salary 0 - 3 years exp. (23 salaries)	₹2 L/yr - ₹6.5 L/yr 35% less
TVS Credit Business Analyst Salary 2 - 11 years exp. (22 salaries)	₹5 L/yr - ₹12.8 L/yr 26% more
Tata Capital Business Analyst Salary 1 - 11 years exp. (22 salaries)	₹5.2 L/yr - ₹17 L/yr 62% more	1 job opening
SMFG India Credit Business Analyst Salary 1 - 8 years exp. (21 salaries)	₹3.2 L/yr - ₹12 L/yr 5% less
L&T Finance Business Analyst Salary 0 - 7 years exp. (20 salaries)	₹5.2 L/yr - ₹15 L/yr 24% more
Poonawalla Fincorp Business Analyst Salary 2 - 5 years exp. (14 salaries)	₹4.5 L/yr - ₹13.1 L/yr 45% more	1 job opening
Mahindra Finance Business Analyst Salary 0 - 9 years exp. (13 salaries)	₹2.2 L/yr - ₹11.5 L/yr 7% less

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Business Analyst salary at IIFL Finance ranges between ₹4.2 Lakhs to ₹12.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 25 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Business Analyst salaries

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹6 L/yr - ₹9 L/yr
2 years (3 salaries)	₹7 L/yr - ₹8 L/yr
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3 years (4 salaries)	₹4.2 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹10 L/yr
5 years (3 salaries)	₹6 L/yr - ₹12.5 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13.7 L/yr
7 years (4 salaries)	₹6 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹12 L/yr

View all

Similar Designation salaries in IIFL Finance

Senior Business Analyst Salary

(4 salaries)

₹11.5 L/yr - ₹15 L/yr

Research Analyst Salary

(8 salaries)

₹5 L/yr - ₹18 L/yr

Senior Analyst Salary

(5 salaries)

₹3 L/yr - ₹13 L/yr

Data Analyst Salary

(9 salaries)

₹4.85 L/yr - ₹9.27 L/yr

Analyst Salary

(8 salaries)

₹5.5 L/yr - ₹17.34 L/yr

Senior Data Analyst Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Team Lead Salary

(116 salaries)

₹0.95 L/yr - ₹6.38 L/yr

Data Scientist Salary

(11 salaries)

₹8.03 L/yr - ₹22 L/yr

Project Manager Salary

(7 salaries)

₹5.55 L/yr - ₹15 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Top skills at IIFL Finance for Business Analyst

Business Analysis Variance Analysis UAT Financial Analysis Financial Modelling FPA Finance Mobile Applications Brd Forecasting Change Management Waterfall Banking Agile Budgeting

Salary related reviews for IIFL Finance

3.6

Rated by 6 employees for salary & benefits

Product Manager in Mumbai

Full Time

Product Management Department

4.0

• posted on 20 Mar 2022

4.0

for Salary and Benefits

Likes

...ent at Corporate office. Focus on taking responsibility and getting things done. Good salary & increments vis-a-vis competitors.

Salary - Good

+2 more

Dislikes

Lacks team culture. Poor training by L&D Team. Teams are always under-staffed. Company/Department-level Recognition & appreciation is visibly zero for the Corporate level (exists in Sales team only).

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

Deputy Manager in Koppal

Finance & Accounting Department

5.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

Good work environment the management support transperent. There is a huge cafeteria and arcade for chilling company policies are good, Appraisal are fair and they give good salary hike and bonus every year.

Promotions - Excellent

+3 more

Dislikes

Coworkers not support

Skill development - Poor

Senior Associate in Mumbai

Product Department

1.0

• posted on 19 Feb 2021

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...ys treated as an outsider despite best efforts one can put in at a senior level. Huge salary cut even before pandemic and during pandemic too. laid off and termination appears to be normal. The assurances or terms agreed at the time of interview were not followed after joining. Lost confidence and mental peace.

Salary - Bad

+6 more

Senior Business Analyst in Gwalior

Data Science & Analytics Department

5.0

• posted on 24 Oct 2017

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base. I also like the employee rehire policy here.

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 12-15 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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IIFL Finance Business Analyst Salary FAQs

What is the salary of Business Analyst at IIFL Finance?

Business Analyst salary at IIFL Finance in India ranges between ₹4.2 Lakhs to ₹12.5 Lakhs for experience between 1 years to 9 years. According to our estimates it is 22% less than the average Business Analyst Salary in India. Salary estimates are based on 25 latest salaries received from various employees of IIFL Finance India.

How does the salary of a Business Analyst at IIFL Finance India compare with the average salary range for this job?

The average salary of a Business Analyst at IIFL Finance is 22% less than the average salary of a Business Analyst in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Analyst at IIFL Finance?

Business Analysis, Variance Analysis, UAT, Financial Analysis and Financial Modelling are some of the popular skills required to work as a Business Analyst at IIFL Finance India.

Which similar companies are paying more than IIFL Finance to a Business Analyst in India?

Aditya Birla Finance Business Analyst Salary - ₹6.3 Lakhs to ₹20.0 Lakhs per year
Karvy Stock Broking Business Analyst Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
Bajaj Finance Business Analyst Salary - ₹6.0 Lakhs to ₹22.5 Lakhs per year
Piramal Capital Housing Finance Business Analyst Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
Tata Capital Business Analyst Salary - ₹5.2 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Business Analyst in companies similar to IIFL Finance in India?

Home Credit Finance Business Analyst Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
Edelweiss Business Analyst Salary - ₹5.0 Lakhs to ₹19.0 Lakhs per year
Poonawalla Fincorp Business Analyst Salary - ₹4.5 Lakhs to ₹13.1 Lakhs per year
TVS Credit Business Analyst Salary - ₹5.0 Lakhs to ₹12.8 Lakhs per year
L&T Finance Business Analyst Salary - ₹5.2 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Business Analyst at IIFL Finance in India?

The estimated take-home salary of a Business Analyst at IIFL Finance ranges between ₹56,163 per month to ₹57,572 per month in India. The take-home salary calculation is based on the average IIFL Finance Business Analyst salary in India which ranges between ₹4.2 Lakhs to ₹12.5 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Business Analyst at IIFL Finance?

According to AmbitionBox, 57% of the IIFL Finance Business Analysts reported a notice period of 2 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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IIFL Finance Business Analyst Salaries

IIFL Finance Business Analyst salary in India ranges between ₹4.2 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 IIFL Finance latest salaries received from various employees of IIFL Finance.