IIFL Finance Associate Salaries by 10+ Employees (Updated 2025)

1 - 4 years exp.

₹3 Lakhs - ₹9 Lakhs

Salary of majority employees

45% less than the average Associate Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Salary 2 - 4 years exp. (4 salaries)	₹3.3 L/yr - ₹7.4 L/yr
Finance & Accounting Associate Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹6.5 L/yr
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Sales & Business Development Associate Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹7 L/yr

Last Updated: 3 Feb 2025

Companies similar to IIFL Finance for Associate

Company name	Avg Annual Salary	Open Jobs
Spandana Sphoorty Financial Associate Salary 0 - 4 years exp. (98 salaries)	₹1 L/yr - ₹3 L/yr 52% less
Home Credit Finance Associate Salary 2 - 7 years exp. (68 salaries)	₹1.5 L/yr - ₹3.6 L/yr 40% less	2 job openings
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Bharat Financial Inclusion Associate Salary 0 - 3 years exp. (45 salaries)	₹1.4 L/yr - ₹3.5 L/yr 36% less
Bajaj Finance Associate Salary 0 - 6 years exp. (39 salaries)	₹1.2 L/yr - ₹3.5 L/yr 46% less
Tata Capital Associate Salary 0 - 11 years exp. (31 salaries)	₹1.7 L/yr - ₹5.5 L/yr 20% less	5 job openings
HDB Financial Services Associate Salary 1 - 5 years exp. (31 salaries)	₹1.3 L/yr - ₹4 L/yr 41% less
Mahindra Finance Associate Salary 0 - 8 years exp. (29 salaries)	₹1.7 L/yr - ₹4.4 L/yr 33% less
Mahindra Rural Housing Finance Associate Salary 1 - 6 years exp. (16 salaries)	₹1.5 L/yr - ₹3.1 L/yr 51% less
Tata Motors Finance Associate Salary 1 - 6 years exp. (16 salaries)	₹1.5 L/yr - ₹3.2 L/yr 42% less
SMFG India Credit Associate Salary 0 - 4 years exp. (14 salaries)	₹1.3 L/yr - ₹2.6 L/yr 53% less
L&T Finance Associate Salary 0 - 6 years exp. (7 salaries)	₹1.7 L/yr - ₹3.6 L/yr 38% less
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Manappuram Finance Associate Salary 1 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹3 L/yr 37% less
Poonawalla Fincorp Associate Salary 1 - 5 years exp. (6 salaries)	₹3.2 L/yr - ₹4 L/yr 21% less
Muthoot Fincorp Associate Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 52% less
TVS Credit Associate Salary 0 - 4 years exp. (5 salaries)	₹1.2 L/yr - ₹4 L/yr 43% less
Piramal Capital Housing Finance Associate Salary 0 - 2 years exp. (5 salaries)	₹1.4 L/yr - ₹2.3 L/yr 54% less
IIFL SAMASTA Associate Salary 0 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹13 L/yr 67% more
Aditya Birla Finance Associate Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 45% less
Asirvad Microfinance Associate Salary 1 - 6 years exp. (4 salaries)	₹15 L/yr - ₹26 L/yr 336% more
Shriram Finance Associate Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹3.3 L/yr 21% less

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Associate salary at IIFL Finance ranges between ₹3 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 16 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Associate salaries

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹3 L/yr - ₹8 L/yr
2 years (6 salaries)	₹3 L/yr - ₹9 L/yr
Login to view exact salary
3 years (4 salaries)	₹3.3 L/yr - ₹7.4 L/yr
4 years (3 salaries)	₹3 L/yr - ₹7.4 L/yr

Similar Designation salaries in IIFL Finance

Senior Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Team Lead Salary

(115 salaries)

₹0.95 L/yr - ₹5.85 L/yr

Technical Lead Salary

(7 salaries)

₹15 L/yr - ₹35 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹30 L/yr - ₹38.3 L/yr

Associate Consultant Salary

(3 salaries)

₹6.7 L/yr - ₹11 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Senior Developer Salary

(AmbitionBox Estimate)

₹32.4 L/yr - ₹41.4 L/yr

Top skills at IIFL Finance for Associate

Reconciliation Ca Cash Flow Finance MIS Preparation

Salary related reviews for IIFL Finance

4.0

Rated by 1 employees for salary & benefits

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

Assistant Branch Manager in Ramagundam

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 22 Mar 2025

1.0

for Salary and Benefits

Likes

Salary timing is good every month end it's credited. Thare is no photo punching in IIFL.

Dislikes

...roperly maintain dress code. 5. Full of politics in branch level. 6. Gossips 7. No salary increment every year. Only tm special people only get salary increment high others get bottom of the bottom . 8. No respect for staff. 9. No petrol allowance the bike is used for family purposes also. 10. TM using bike for family childrens also 11. Going outside branch purpose is our money only . 12. Grill gate most irritating. 13. Only one person doing gold appraisal 14. No one don't know about office circulars. 15. Branch managers don't know office culture and dress code. 16. Partiality is starting with branch manager. It's not gone end but iam ending my writing.

Salary - Bad

+6 more

Assistant Branch Manager in Navi Mumbai

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

Salary - Poor

+6 more

Cluster Head in Bhopal

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)

Salary - Good

+5 more

Dislikes

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

Assistant Manager in New Delhi

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.

see more salary related reviews

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IIFL Finance Associate Salary FAQs

What is the salary of Associate at IIFL Finance ?

The average salary of a Associate at IIFL Finance in India typically ranges from ₹3.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Associate at IIFL Finance earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Associate 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 10+ IIFL Finance employees in India.

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

The estimated take-home salary of a Associate at IIFL Finance in India typically ranges from ₹31,043 to ₹32,341 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 10+ 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 Associate at IIFL Finance ?

To be a Associate at IIFL Finance in india, the key skills required include:

- Reconciliation
- Ca
- Cash Flow
- Finance
- MIS Preparation

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 Associate in India?

Asirvad Microfinance	₹15.0 Lakhs to ₹26.0 Lakhs per year
IIFL SAMASTA	₹2.5 Lakhs to ₹13.0 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 Associate in companies similar to IIFL Finance in India?

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

Tata Capital	₹1.7 Lakhs to ₹5.5 Lakhs per year
Poonawalla Fincorp	₹3.2 Lakhs to ₹4.0 Lakhs per year
Shriram Finance	₹1.5 Lakhs to ₹3.3 Lakhs per year
Mahindra Finance	₹1.7 Lakhs to ₹4.4 Lakhs per year
Bharat Financial Inclusion	₹1.4 Lakhs to ₹3.5 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 Associate at IIFL Finance in India?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹8.0 Lakhs per year
2 years	₹3.0 Lakhs to ₹9.0 Lakhs per year
3 years	₹3.3 Lakhs to ₹7.4 Lakhs per year
4 years	₹3.0 Lakhs to ₹7.4 Lakhs per year

and so on.

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IIFL Finance Associate Salaries

IIFL Finance Associate salary in India ranges between ₹3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 IIFL Finance latest salaries received from various employees of IIFL Finance.