IIFL Finance Mumbai Investment Banking Associate Salaries by 4 Employees (Updated 2025)

2 - 4 years exp.

₹16 Lakhs - ₹45 Lakhs

Salary of majority employees

82% more than the average Investment Banking Associate Salary in NBFC Companies for 2 - 4 years of experience

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Last Updated: 16 Apr 2024

Companies similar to IIFL Finance for Investment Banking Associate in Mumbai

IIFL Finance Investment Banking Associate Salary

2 - 4 years exp. (4 salaries)

₹16 L/yr - ₹45 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Investment Banking Associate Salary 1 - 4 years exp. (11 salaries)	₹10 L/yr - ₹25 L/yr 39% less
Edelweiss Investment Banking Associate Salary 3 - 5 years exp. (3 salaries)	₹8 L/yr - ₹20 L/yr 45% less
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JPMorgan Chase & Co. Investment Banking Associate Salary 2 - 9 years exp. (89 salaries)	₹12.8 L/yr - ₹49 L/yr 7% more
SBI Capital Markets Investment Banking Associate Salary 0 - 5 years exp. (12 salaries)	₹12 L/yr - ₹18 L/yr 47% less
Accenture Investment Banking Associate Salary 0 - 5 years exp. (22 salaries)	₹2.6 L/yr - ₹6.6 L/yr 88% less

Investment Banking Associate salary at IIFL Finance ranges between ₹16 Lakhs to ₹45 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Investment Banking Associate salaries in Mumbai

Last Updated: 16 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹40.5 L/yr - ₹51.8 L/yr
3 years (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
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4 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr

Similar Designation salaries in IIFL Finance

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(37 salaries)

₹13.5 L/yr - ₹31 L/yr

Associate Vice President Salary

(33 salaries)

₹9.5 L/yr - ₹29 L/yr

Business Analyst Salary

(10 salaries)

₹4.2 L/yr - ₹9 L/yr

Senior Analyst Salary

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₹3 L/yr - ₹11.5 L/yr

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

Relationship Manager in Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 15 Aug 2020

4.0

for Salary and Benefits

Likes

Company atmosphere good specially thane office good salary hike & bonus loyal higher management Nirmal Jain sir..

Salary - Good

+1 more

Dislikes

SME Insta products was good but most of NPA accounts that reason insta products not growing up.

Job security - Poor

see more salary related reviews

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What people are saying about IIFL Finance

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an internal auditor

Offer related guidance

Hi there, I need a little clarity. I am currently working as a Manager in an NBFC from the past 2.5 yrs. My current CTC is 7.7 Lpa fixed. I've an offer in hand with a CTC of 9.7 LPA but with a designation lower than manager i.e. DM. What is your take on it? Should I accept the offer? Is it a fair pay?

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IIFL Finance Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at IIFL Finance Mumbai?

Investment Banking Associate salary at IIFL Finance in Mumbai ranges between ₹16.0 Lakhs to ₹45.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 82% more than the average Investment Banking Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance Mumbai.

How does the salary of a Investment Banking Associate at IIFL Finance Mumbai compare with the average salary range for this job?

The average salary of a Investment Banking Associate at IIFL Finance is 82% more than the average salary of a Investment Banking Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than IIFL Finance to a Investment Banking Associate in Mumbai?

JPMorgan Chase & Co. Investment Banking Associate Salary - ₹12.8 Lakhs to ₹49.0 Lakhs per year

What is the salary of a Investment Banking Associate in companies similar to IIFL Finance in Mumbai?

ICICI Securities Investment Banking Associate Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
Edelweiss Investment Banking Associate Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
SBI Capital Markets Investment Banking Associate Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
Accenture Investment Banking Associate Salary - ₹2.6 Lakhs to ₹6.6 Lakhs per year

What is the estimated take home salary of a Investment Banking Associate at IIFL Finance in Mumbai?

The estimated take-home salary of a Investment Banking Associate at IIFL Finance ranges between ₹1,81,070 per month to ₹1,88,120 per month in Mumbai. The take-home salary calculation is based on the average IIFL Finance Investment Banking Associate salary in India which ranges between ₹16.0 Lakhs to ₹45.0 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Investment Banking Associate at IIFL Finance in Mumbai?

According to AmbitionBox, 100% of the IIFL Finance Investment Banking Associates in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IIFL Finance Investment Banking Associate Salaries in Mumbai

IIFL Finance Investment Banking Associate salary in Mumbai ranges between ₹16 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL Finance latest salaries received from various employees of IIFL Finance.