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IIFL Finance Software Developer salaries in Mumbai (Updated 2025)

Annual salary range
0 - 3 years exp.
₹3.9 Lakhs - ₹12 Lakhs
Salary of majority employees
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At par with the average Software Developer Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Developer Salary
0 - 3 years exp. (27 salaries)
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₹3.6 L/yr - ₹12 L/yr

IT & Information Security
Software Developer Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹9.1 L/yr

Last Updated: 5 Mar 2025

Companies similar to IIFL Finance for Software Developer in Mumbai

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IIFL Finance Software Developer Salary

0 - 3 years exp. (32 salaries)

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₹3.9 L/yr - ₹12 L/yr

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Company name Avg Annual Salary Open Jobs
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Mahindra Finance Software Developer Salary

1 - 6 years exp. (13 salaries)

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₹2.9 L/yr - ₹12 L/yr

arrow icon 16% less
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L&T Finance Software Developer Salary

1 - 5 years exp. (6 salaries)

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₹6.9 L/yr - ₹12 L/yr

arrow icon 27% more
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₹6 L/yr - ₹15.3 L/yr

arrow icon 42% more
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SMFG India Credit Software Developer Salary

2 - 5 years exp. (4 salaries)

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₹7.3 L/yr - ₹11.1 L/yr

arrow icon 3% less
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₹2 L/yr - ₹7.5 L/yr

arrow icon 44% less
Software Developer salary at IIFL Finance ranges between ₹3.9 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 32 latest salaries received from various employees of IIFL Finance.

Latest annual salaries shared by IIFL Finance Software Developer in Mumbai

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Experience wise IIFL Finance Software Developer salaries in Mumbai

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹4.7 L/yr - ₹10.8 L/yr
1 year  (11 salaries)

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₹3.3 L/yr - ₹11.2 L/yr
2 years  (9 salaries)

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₹4 L/yr - ₹12 L/yr
3 years  (8 salaries)

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₹3.8 L/yr - ₹9.1 L/yr
IIFL Finance Software Developer Salary and Career Growth

From

To

Software Developer

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0 - 3 years exp.

Senior Software Developer

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6 - 11 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IIFL Finance

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₹6 L/yr - ₹17.75 L/yr
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₹6.15 L/yr - ₹16.35 L/yr

Top skills at IIFL Finance for Software Developer

Software Development Web Api MVC OOPS JQuery TFS Entity Framework API Unit Testing C# Web Technologies .Net Open Source Angularjs SQL

Salary related reviews for IIFL Finance

2.1

Rated by 5 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 25 Dec 2024

2.0
 for  Salary and Benefits

Likes

Nothing good about this company

Dislikes

Staffs are mostly undergraduate so can't expect good operations in branch they don't pay TA and other expenses they expect us to pay first then they gonna approve if they like or you gonna lose that money . Their targets are unbelievable for everyones b'day the branch is open from 8am to 8pm. And theirs much more ...mostly toxic people .. the don't care much about staff and customers they care about profits

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 19 Nov 2024

4.0
 for  Salary and Benefits

Likes

Thats a good place where you actually feel like doing service not a servant. From logical goals to compensation and office timing, all very good. (Writing basis my tenure with IIFL till Mar 2020)

read more
  • Salary - Good
  • +5 more

Dislikes

A bit uncertainty in policy, one at top level can change policy immediately without any proper communication.

Full Time

 · 

Other Department

5.0
  •  posted on 12 Nov 2024

4.0
 for  Salary and Benefits

Likes

We gets good increments We gets promotion We gets salary on time.

  • Salary - Good
  • +5 more

Dislikes

When we ask to the manager for the the leave their denied to grant leave but maneger takes leave all the time without any planning. Company should also think about the insentive structure where other company gives good inactives to their employees our company can't l.

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Full Time

 · 

Other Department

1.0
  •  posted on 05 Nov 2024

1.0
 for  Salary and Benefits

Likes

I like chair's in the branch

Dislikes

Every thing , Even we provide to our own money to buy lunch our higher authorities, no one can not pay single penny, Work pressure, They also don't know how many products and they can't explain to staff also, They believe in who is satisfied them, no salary increments for hard workrs, Worst office culture.

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  • Salary - Bad
  • +6 more
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IIFL Finance Software Developer Salary FAQs

What is the salary of Software Developer at IIFL Finance in Mumbai?
The average salary of a Software Developer at IIFL Finance in Mumbai typically ranges from ₹3.9 Lakhs to ₹12.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Software Developer in Mumbai at IIFL Finance earn more than ₹10.9 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Software Developer 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 30+ IIFL Finance employees in India.
What is the estimated take home salary of a Software Developer at IIFL Finance in Mumbai?
The estimated take-home salary of a Software Developer at IIFL Finance in Mumbai typically ranges from ₹62,231 to ₹63,811 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 30+ 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 Software Developer at IIFL Finance in Mumbai?
To be a Software Developer at IIFL Finance in Mumbai, the key skills required include:

  • - Software Development
  • - Web Api
  • - MVC
  • - OOPS
  • - JQuery

These skills are highly valued at IIFL Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IIFL Finance for Software Developer in India?
Aditya Birla Finance ₹6.0 Lakhs to ₹15.3 Lakhs per year
L&T Finance ₹6.9 Lakhs to ₹12.0 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.
What is the salary of a Software Developer in companies similar to IIFL Finance in Mumbai?
The salary of a Software Developer at companies similar to IIFL Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SMFG India Credit ₹7.3 Lakhs to ₹11.1 Lakhs per year
Mahindra Finance ₹2.9 Lakhs to ₹12.0 Lakhs per year
HDB Financial Services ₹2.0 Lakhs to ₹7.5 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 Software Developer at IIFL Finance in Mumbai?
The salary growth for a Software Developer at IIFL Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Mumbai can expect the following growth trajectory at IIFL Finance:

Experience Average Salary Range
Fresher ₹4.7 Lakhs to ₹10.8 Lakhs per year
1 year ₹3.3 Lakhs to ₹11.2 Lakhs per year
2 years ₹4.0 Lakhs to ₹12.0 Lakhs per year
3 years ₹3.8 Lakhs to ₹9.1 Lakhs per year
and so on.

Tell us how to improve this page.

IIFL Finance Software Developer salary in Mumbai ranges between ₹3.9 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 IIFL Finance latest salaries received from various employees of IIFL Finance.