IIFL Finance Area Business Manager Salaries by 3 Employees (Updated 2024)

2 - 4 years exp.

₹5 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Area Business Manager Salary in NBFC Companies for 2 - 4 years of experience

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Last Updated: 14 Nov 2024

Companies similar to IIFL Finance for Area Business Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Area Business Manager Salary 4 - 18 years exp. (317 salaries)	₹4 L/yr - ₹14.2 L/yr 62% more
L&T Finance Area Business Manager Salary 4 - 14 years exp. (10 salaries)	₹9.6 L/yr - ₹19 L/yr 168% more
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Shriram Finance Area Business Manager Salary 3 - 12 years exp. (7 salaries)	₹2.6 L/yr - ₹6 L/yr 21% less
Mahindra Rural Housing Finance Area Business Manager Salary 7 - 22 years exp. (6 salaries)	₹8.9 L/yr - ₹21 L/yr 195% more
Aavas Financiers Area Business Manager Salary 3 - 6 years exp. (6 salaries)	₹2.8 L/yr - ₹3.6 L/yr 40% less
Annapurna Finance Area Business Manager Salary 2 - 19 years exp. (6 salaries)	₹5.2 L/yr - ₹12.4 L/yr 66% more
SMFG India Credit Area Business Manager Salary 5 - 10 years exp. (5 salaries)	₹9.6 L/yr - ₹11 L/yr 107% more
IDFC FIRST Bharat Area Business Manager Salary 0 - 12 years exp. (5 salaries)	₹2.4 L/yr - ₹7.5 L/yr 25% less
TVS Credit Area Business Manager Salary 7 - 16 years exp. (4 salaries)	₹4.2 L/yr - ₹24.5 L/yr 160% more
Tata Capital Area Business Manager Salary 6 - 17 years exp. (4 salaries)	₹12 L/yr - ₹24.7 L/yr 262% more
Bajaj Finance Area Business Manager Salary 3 - 9 years exp. (4 salaries)	₹10 L/yr - ₹12.3 L/yr 111% more
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HDB Financial Services Area Business Manager Salary 10 - 17 years exp. (4 salaries)	₹9.8 L/yr - ₹14.7 L/yr 136% more
Muthoot Fincorp Area Business Manager Salary 2 - 21 years exp. (3 salaries)	₹3.6 L/yr - ₹10 L/yr 30% more
Bharat Financial Inclusion Area Business Manager Salary 3 - 13 years exp. (3 salaries)	₹2.3 L/yr - ₹6 L/yr 14% less

Area Business Manager salary at IIFL Finance ranges between ₹5 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Area Business Manager salaries

Last Updated: 14 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.3 L/yr
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4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.3 L/yr

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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

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.

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

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.

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

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 .

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IIFL Finance Area Business Manager Salary FAQs

What is the notice period for Area Business Manager at IIFL Finance?

According to AmbitionBox, 100% of the IIFL Finance Area Business Manager s reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IIFL Finance Area Business Manager Salaries

IIFL Finance Area Business Manager salary in India ranges between ₹5 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IIFL Finance latest salaries received from various employees of IIFL Finance.