IIFL Finance Mumbai Financial Planner Salaries by 5 Employees

5 - 14 years exp.

₹3.6 Lakhs - ₹12.8 Lakhs

Salary of majority employees

88% more than the average Financial Planner Salary in NBFC Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Financial Planner Salary 5 - 14 years exp. (4 salaries)	₹3.6 L/yr - ₹12.8 L/yr
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Teaching & Training Financial Planner Salary 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 15 Mar 2023

Companies similar to IIFL Finance for Financial Planner in Mumbai

IIFL Finance Financial Planner Salary

5 - 14 years exp. (5 salaries)

₹3.6 L/yr - ₹12.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Financial Planner Salary 1 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹10 L/yr 40% less
Financial Hospital Financial Planner Salary 0 - 2 years exp. (9 salaries)	₹3 L/yr - ₹8 L/yr 30% less
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sykes & Ray Equites (I) Financial Planner Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹4.2 L/yr 59% less
Finowise Freedom Group Financial Planner Salary 1 - 3 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 66% less
MSVentures Financial Planners Financial Planner Salary 1 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹3.5 L/yr 68% less

Financial Planner salary at IIFL Finance ranges between ₹3.6 Lakhs to ₹12.8 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Financial Planner salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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11 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
14 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr

Similar Designation salaries in IIFL Finance

Deputy Manager Salary

(55 salaries)

₹3.5 L/yr - ₹10 L/yr

Credit Manager Salary

(47 salaries)

₹2.8 L/yr - ₹10.1 L/yr

Management Trainee Salary

(28 salaries)

₹18.68 L/yr - ₹30.5 L/yr

Business Analyst Salary

(10 salaries)

₹4.2 L/yr - ₹9 L/yr

Senior Analyst Salary

(5 salaries)

₹3 L/yr - ₹11.5 L/yr

Top skills at IIFL Finance for Financial Planner

Finance Finance Financial Research Investment Advisory Financial Advisory Financial Planning MF Portfolio Management CFA structured products Financial Planning Mutual Funds Wealth Management CFP

Salary related reviews for IIFL Finance

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

Relationship Manager in Pune

Other Department

1.0

• posted on 01 Dec 2020

1.0

for Salary and Benefits

Likes

...am leader staff is leaving the organisation just within a month after joining. Even after leaving the company with all exit policies after 90 days also didn’t got the salary and require documents. After so much follow up’s with HR they are not giving the proper response. Not at all career growth. Pathetic experience overall.

Dislikes

Salary - Bad
Skill development - Bad

+5 more

Credit Manager in Kolkata, Shakespeare Sarani, 700017.

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2020

3.0

for Salary and Benefits

Likes

Teammates are supportive. Office environment are good & fair. Yearly hike in salary & bonus given. Company policy is workable & fair.

Skill development - Excellent

+1 more

Dislikes

...n in current covid 19 period as well as they're given notice entire credit team.salary deducted , no bonus & hike given in last financial.

Job security - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IIFL Finance Financial Planner Salary FAQs

What is the salary of Financial Planner at IIFL Finance in Mumbai?

The average salary of a Financial Planner at IIFL Finance in Mumbai typically ranges from ₹3.6 Lakhs to ₹12.8 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Financial Planner in Mumbai at IIFL Finance earn more than ₹12.8 Lakhs per year, and the top 1% earn over ₹12.8 Lakhs per year. Financial Planner 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 Financial Planner at IIFL Finance in Mumbai?

The estimated take-home salary of a Financial Planner at IIFL Finance in Mumbai typically ranges from ₹64,020 to ₹65,650 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹12.8 Lakhs per year for employees with experience ranging from 5 years to 14 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.

What are the key skills required to be a Financial Planner at IIFL Finance in Mumbai?

To be a Financial Planner at IIFL Finance in Mumbai, the key skills required include:

- Finance
- Finance
- Financial Research
- Investment Advisory
- Financial Advisory

These skills are highly valued at IIFL Finance and are crucial for successful performance in a Software Engineering role.

What is the salary of a Financial Planner in companies similar to IIFL Finance in Mumbai?

The salary of a Financial Planner at companies similar to IIFL Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Financial Hospital	₹3.0 Lakhs to ₹8.0 Lakhs per year
Motilal Oswal Financial Services	₹2.2 Lakhs to ₹10.0 Lakhs per year
sykes & Ray Equites (I)	₹3.0 Lakhs to ₹4.2 Lakhs per year
Finowise Freedom Group	₹2.7 Lakhs to ₹3.5 Lakhs per year
MSVentures Financial Planners	₹2.4 Lakhs to ₹3.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Financial Planner at IIFL Finance in Mumbai?

The salary growth for a Financial Planner at IIFL Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Financial Planner in Mumbai can expect the following growth trajectory at IIFL Finance:

Experience	Average Salary Range
5 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
7 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
11 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
14 years	₹11.5 Lakhs to ₹14.7 Lakhs per year

and so on.

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IIFL Finance Financial Planner Salaries in Mumbai

IIFL Finance Financial Planner salary in Mumbai ranges between ₹3.6 Lakhs to ₹12.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IIFL Finance latest salaries received from various employees of IIFL Finance.