IIFL Finance New Delhi Area Manager Salaries by 5 Employees

9 - 14 years exp.

₹5 Lakhs - ₹10.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average Area Manager Salary in NBFC Companies for 9 - 14 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 11 - 14 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹10.6 L/yr
Finance & Accounting Area Manager Salary 9 - 12 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7 L/yr
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Sales & Business Development Area Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹12.4 L/yr

Last Updated: 24 Aug 2024

Companies similar to IIFL Finance for Area Manager in New Delhi

IIFL Finance Area Manager Salary

9 - 14 years exp. (5 salaries)

₹5 L/yr - ₹10.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Area Manager Salary 7 - 17 years exp. (17 salaries)	₹6.8 L/yr - ₹15 L/yr 28% more	4 job openings
Bajaj Finance Area Manager Salary 5 - 14 years exp. (13 salaries)	₹7 L/yr - ₹15 L/yr 39% more	195 job openings
Login to view exact salary
Manappuram Finance Area Manager Salary 4 - 9 years exp. (7 salaries)	₹4.2 L/yr - ₹6 L/yr 34% less
Muthoot Fincorp Area Manager Salary 13 - 18 years exp. (5 salaries)	₹5.5 L/yr - ₹12 L/yr 4% less
Poonawalla Fincorp Area Manager Salary 7 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 52% less

Area Manager salary at IIFL Finance ranges between ₹5 Lakhs to ₹10.8 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Area Manager salaries in New Delhi

Last Updated: 24 Aug 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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11 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
12 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
13 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
14 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr

View all

Similar Designation salaries in IIFL Finance

Branch Manager Salary

(146 salaries)

₹3 L/yr - ₹8 L/yr

Sales Manager Salary

(37 salaries)

₹2.7 L/yr - ₹6.2 L/yr

Deputy Manager Salary

(20 salaries)

₹3.6 L/yr - ₹8.85 L/yr

Territory Manager Salary

(11 salaries)

₹7.85 L/yr - ₹10 L/yr

Team Lead Salary

(9 salaries)

₹1.1 L/yr - ₹6 L/yr

Cluster Manager Salary

(3 salaries)

₹6 L/yr - ₹7.5 L/yr

Top skills at IIFL Finance for Area Manager

Gold Loan Territory Management Area Management Health Insurance Area Management Business Development Territory Sales SME Sales B2B Sales Team Handling Home Loans Bancassurance General Insurance B2B Sales Cooking

Salary related reviews for IIFL Finance

1.0

Rated by 2 employees for salary & benefits

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

Salary - Good

+6 more

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

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

Skill development - Excellent

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.

Salary - Bad

+4 more

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.

Salary - Excellent

+6 more

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

Skill development - Excellent

+3 more

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 .

Job security - Poor

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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IIFL Finance Area Manager Salary FAQs

What is the salary of Area Manager at IIFL Finance in New Delhi?

The average salary of a Area Manager at IIFL Finance in New Delhi typically ranges from ₹5.0 Lakhs to ₹10.8 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Area Manager in New Delhi at IIFL Finance earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Area Manager 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 Area Manager at IIFL Finance in New Delhi?

The estimated take-home salary of a Area Manager at IIFL Finance in New Delhi typically ranges from ₹59,177 to ₹60,670 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from 9 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 Area Manager at IIFL Finance in New Delhi?

To be a Area Manager at IIFL Finance in New Delhi, the key skills required include:

- Gold Loan
- Territory Management
- Area Management
- Health Insurance
- Area Management

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 Area Manager in India?

Bajaj Finance	₹7.0 Lakhs to ₹15.0 Lakhs per year
HDB Financial Services	₹6.8 Lakhs to ₹15.0 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 Area Manager in companies similar to IIFL Finance in New Delhi?

The salary of a Area Manager at companies similar to IIFL Finance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Fincorp	₹5.5 Lakhs to ₹12.0 Lakhs per year
Manappuram Finance	₹4.2 Lakhs to ₹6.0 Lakhs per year
Poonawalla Fincorp	₹3.0 Lakhs to ₹4.0 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 Area Manager at IIFL Finance in New Delhi?

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

Experience	Average Salary Range
9 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
10 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
11 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
12 years	₹7.9 Lakhs to ₹10.1 Lakhs per year

and so on.

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IIFL Finance Area Manager Salaries in New Delhi

IIFL Finance Area Manager salary in New Delhi ranges between ₹5 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IIFL Finance latest salaries received from various employees of IIFL Finance.