IIFL Finance Area Head Salaries by 6 Employees (Updated 2024)

12 - 17 years exp.

₹8.7 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Area Head Salary in NBFC Companies for 12 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Head Salary 12 - 15 years exp. (4 salaries)	₹8.7 L/yr - ₹15 L/yr
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Sales & Business Development Area Head Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹12.7 L/yr

Last Updated: 13 Dec 2023

Companies similar to IIFL Finance for Area Head

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Area Head Salary 15 - 19 years exp. (3 salaries)	₹7.3 L/yr - ₹7.9 L/yr 36% less
Angel One Area Head Salary 5 - 16 years exp. (6 salaries)	₹5.9 L/yr - ₹9 L/yr 39% less
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Motilal Oswal Financial Services Area Head Salary 13 - 16 years exp. (4 salaries)	₹7.5 L/yr - ₹22 L/yr 24% more
Edelweiss Area Head Salary 6 - 18 years exp. (6 salaries)	₹8 L/yr - ₹14 L/yr 6% less
Karvy Stock Broking Area Head Salary 5 - 17 years exp. (7 salaries)	₹5.7 L/yr - ₹9.6 L/yr 43% less
Manappuram Finance Area Head Salary 5 - 10 years exp. (72 salaries)	₹3.1 L/yr - ₹6.5 L/yr 58% less
Aditya Birla Finance Area Head Salary 6 - 14 years exp. (41 salaries)	₹5 L/yr - ₹14.4 L/yr 32% less
HDB Financial Services Area Head Salary 4 - 22 years exp. (7 salaries)	₹7.5 L/yr - ₹15.3 L/yr 8% more
TVS Credit Area Head Salary 13 - 18 years exp. (6 salaries)	₹10 L/yr - ₹17 L/yr 20% more
Mahindra Rural Housing Finance Area Head Salary 13 - 15 years exp. (5 salaries)	₹12.3 L/yr - ₹19.5 L/yr 48% more
Shriram Finance Area Head Salary 0 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹17.8 L/yr 31% less
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L&T Finance Area Head Salary 6 - 11 years exp. (4 salaries)	₹5.2 L/yr - ₹19.2 L/yr 1% more
Tata Capital Area Head Salary 16 - 19 years exp. (4 salaries)	₹11 L/yr - ₹26 L/yr 36% more
Piramal Capital Housing Finance Area Head Salary 12 - 15 years exp. (4 salaries)	₹10 L/yr - ₹12.4 L/yr 3% less
Muthoot Fincorp Area Head Salary 8 - 11 years exp. (3 salaries)	₹6 L/yr - ₹7 L/yr 45% less

Area Head salary at IIFL Finance ranges between ₹8.7 Lakhs to ₹15 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Area Head salaries

Last Updated: 13 Dec 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹18.7 L/yr
13 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11.7 L/yr
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14 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr
15+ years (3 salaries)	₹10.5 L/yr - ₹15 L/yr

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Salary related reviews for IIFL Finance

5.0

Rated by 2 employees for salary & benefits

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 Head Salary FAQs

What is the salary of Area Head at IIFL Finance?

Area Head salary at IIFL Finance in India ranges between ₹8.7 Lakhs to ₹15.0 Lakhs for experience between 12 years to 17 years. According to our estimates it is 16% more than the average Area Head Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IIFL Finance India.

How does the salary of a Area Head at IIFL Finance India compare with the average salary range for this job?

The average salary of a Area Head at IIFL Finance is 16% more than the average salary of a Area Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than IIFL Finance to a Area Head in India?

Mahindra Rural Housing Finance Area Head Salary - ₹12.3 Lakhs to ₹19.5 Lakhs per year
Tata Capital Area Head Salary - ₹11.0 Lakhs to ₹26.0 Lakhs per year
Motilal Oswal Financial Services Area Head Salary - ₹7.5 Lakhs to ₹22.0 Lakhs per year
TVS Credit Area Head Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
HDB Financial Services Area Head Salary - ₹7.5 Lakhs to ₹15.3 Lakhs per year

What is the salary of a Area Head in companies similar to IIFL Finance in India?

L&T Finance Area Head Salary - ₹5.2 Lakhs to ₹19.2 Lakhs per year
Piramal Capital Housing Finance Area Head Salary - ₹10.0 Lakhs to ₹12.4 Lakhs per year
Edelweiss Area Head Salary - ₹8.0 Lakhs to ₹14.0 Lakhs per year
Shriram Finance Area Head Salary - ₹3.5 Lakhs to ₹17.8 Lakhs per year
Aditya Birla Finance Area Head Salary - ₹5.0 Lakhs to ₹14.4 Lakhs per year

What is the estimated take home salary of a Area Head at IIFL Finance in India?

The estimated take-home salary of a Area Head at IIFL Finance ranges between ₹83,799 per month to ₹85,990 per month in India. The take-home salary calculation is based on the average IIFL Finance Area Head salary in India which ranges between ₹8.7 Lakhs to ₹15.0 Lakhs per year for employees with experience between 12 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Area Head at IIFL Finance?

According to AmbitionBox, 33% of the IIFL Finance Area Heads reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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IIFL Finance Area Head Salaries

IIFL Finance Area Head salary in India ranges between ₹8.7 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IIFL Finance latest salaries received from various employees of IIFL Finance.