IIFL Finance Bangalore / Bengaluru Divisional Manager Salaries by 5 Employees

5 - 11 years exp.

₹5 Lakhs - ₹8.5 Lakhs

Salary of majority employees

65% less than the average Divisional Manager Salary in NBFC Companies for 5 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Divisional Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6 L/yr
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Sales & Business Development Divisional Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.5 L/yr

Last Updated: 13 Oct 2024

Companies similar to IIFL Finance for Divisional Manager in Bangalore / Bengaluru

IIFL Finance Divisional Manager Salary

5 - 11 years exp. (5 salaries)

₹5 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Divisional Manager Salary 0 - 5 years exp. (6 salaries)	₹7.5 L/yr - ₹13.3 L/yr 70% more
IIFL SAMASTA Divisional Manager Salary 1 - 4 years exp. (4 salaries)	₹7 L/yr - ₹9.1 L/yr 41% more
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Mahindra Finance Divisional Manager Salary 15 - 22 years exp. (4 salaries)	₹12.7 L/yr - ₹23.5 L/yr 204% more	1 job opening
AU Small Finance Bank Divisional Manager Salary 5 - 14 years exp. (36 salaries)	₹6 L/yr - ₹13.5 L/yr 57% more
Canara Bank Divisional Manager Salary 10 - 18 years exp. (26 salaries)	₹15 L/yr - ₹42 L/yr 418% more

Divisional Manager salary at IIFL Finance ranges between ₹5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Divisional Manager salaries in Bangalore / Bengaluru

Last Updated: 13 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in IIFL Finance

Branch Manager Salary

(65 salaries)

₹3 L/yr - ₹8 L/yr

Relationship Manager Salary

(34 salaries)

₹2.05 L/yr - ₹6 L/yr

Deputy Manager Salary

(11 salaries)

₹4 L/yr - ₹9 L/yr

Sales Manager Salary

(6 salaries)

₹2.4 L/yr - ₹5.25 L/yr

Marketing Manager Salary

(3 salaries)

₹3.66 L/yr - ₹16.66 L/yr

Salary related reviews for IIFL Finance

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

Skill development - Excellent

Dislikes

Giving low salary and huge pressure over work load more than salary. Hieringe from compitition with huge salary but not giving them who are wintage and loyal to the company.

Salary - Bad

+4 more

Area Manager in Guwahati

Full Time

Sales & Business Development Department

4.0

• posted on 04 Oct 2023

4.0

for Salary and Benefits

Likes

Good Culture, Good Management, Employee Partnership Program ESOP, Bonus

Salary - Good

+6 more

Dislikes

...s, ideally it should not be, Self driven people must have freedom from all this. Salary Structure should be as per performance, Outsiders gets higher package and those who are working since long they are having less salary. Few Seniors are looks like they are our guardian and they understand our problems, But few seniors we we feel scared even to make a call

Territory Sales Manager in Jaipur

Full Time

Sales & Business Development Department

5.0

• posted on 27 Sep 2023

5.0

for Salary and Benefits

Likes

...earn lot of thinks at my 12th year career company work culture is very healthy . Company each and every employee growth salary and profile according time to time.

Salary - Excellent

+6 more

Dislikes

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Skill development - Excellent

+3 more

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Job security - Poor

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

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a manager - business analyst

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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IIFL Finance Divisional Manager Salary FAQs

What is the salary of Divisional Manager at IIFL Finance in Bangalore / Bengaluru?

The average salary of a Divisional Manager at IIFL Finance in Bangalore / Bengaluru typically ranges from ₹5.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Divisional Manager in Bangalore / Bengaluru at IIFL Finance earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Divisional Manager Salaries at IIFL Finance 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 5 IIFL Finance employees in India.

What is the estimated take home salary of a Divisional Manager at IIFL Finance in Bangalore / Bengaluru?

The estimated take-home salary of a Divisional Manager at IIFL Finance in Bangalore / Bengaluru typically ranges from ₹42,225 to ₹43,357 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 5 years to 11 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 5 salaries received from various employees of IIFL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIFL Finance for Divisional Manager in India?

Canara Bank	₹15.0 Lakhs to ₹42.0 Lakhs per year
Mahindra Finance	₹12.7 Lakhs to ₹23.5 Lakhs per year
Bharat Financial Inclusion	₹7.5 Lakhs to ₹13.3 Lakhs per year
AU Small Finance Bank	₹6.0 Lakhs to ₹13.5 Lakhs per year
IIFL SAMASTA	₹7.0 Lakhs to ₹9.1 Lakhs per year

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

How the salary growth look like for a Divisional Manager at IIFL Finance in Bangalore / Bengaluru?

The salary growth for a Divisional Manager at IIFL Finance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Divisional Manager in Bangalore / Bengaluru can expect the following growth trajectory at IIFL Finance:

Experience	Average Salary Range
5 years	₹2.1 Lakhs to ₹5.7 Lakhs per year
6 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
7 years	₹2.2 Lakhs to ₹6.0 Lakhs per year
8 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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IIFL Finance Divisional Manager Salaries in Bangalore / Bengaluru

IIFL Finance Divisional Manager salary in Bangalore / Bengaluru ranges between ₹5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IIFL Finance latest salaries received from various employees of IIFL Finance.