IIFL Finance Associate Manager Salaries by 10 Employees (Updated 2024)

1 - 9 years exp.

₹3.2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

75% less than the average Associate Manager Salary in NBFC Companies for 1 - 9 years of experience

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Salaries in different departments

Finance & Accounting Associate Manager Salary 1 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹5 L/yr
Customer Success, Service & Operations Associate Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr
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BFSI, Investments & Trading Associate Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr

Last Updated: 11 Dec 2024

Companies similar to IIFL Finance for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Associate Manager Salary 0 - 4 years exp. (4 salaries)	₹2.6 L/yr - ₹4.5 L/yr 2% less
ICICI Securities Associate Manager Salary 5 - 8 years exp. (5 salaries)	₹4.7 L/yr - ₹5 L/yr 28% more
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Angel One Associate Manager Salary 1 - 3 years exp. (4 salaries)	₹2.9 L/yr - ₹3.3 L/yr 16% less
Motilal Oswal Financial Services Associate Manager Salary 0 - 14 years exp. (4 salaries)	₹3.9 L/yr - ₹12.5 L/yr 92% more
Edelweiss Associate Manager Salary 1 - 10 years exp. (10 salaries)	₹4 L/yr - ₹12 L/yr 95% more
Annapurna Finance Associate Manager Salary 1 - 11 years exp. (88 salaries)	₹4.8 L/yr - ₹8.4 L/yr 81% more
Piramal Capital Housing Finance Associate Manager Salary 2 - 11 years exp. (40 salaries)	₹3.5 L/yr - ₹9 L/yr 45% more
Muthoot Finance Associate Manager Salary 3 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹4.5 L/yr 1% less
Bajaj Finance Associate Manager Salary 1 - 6 years exp. (6 salaries)	₹2.7 L/yr - ₹6 L/yr 34% more
Manappuram Finance Associate Manager Salary 5 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹3.5 L/yr 8% less
L&T Finance Associate Manager Salary 1 - 8 years exp. (5 salaries)	₹5.3 L/yr - ₹8 L/yr 67% more
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Tata Capital Associate Manager Salary 1 - 9 years exp. (5 salaries)	₹4.5 L/yr - ₹7.8 L/yr 42% more
Home Credit Finance Associate Manager Salary 4 - 19 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr 164% more
TVS Credit Associate Manager Salary 2 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 46% more
Aavas Financiers Associate Manager Salary 0 - 3 years exp. (4 salaries)	₹3.9 L/yr - ₹10.5 L/yr 60% more
Shriram Finance Associate Manager Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7.9 L/yr 48% more
HDB Financial Services Associate Manager Salary 4 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹4 L/yr 1% more
IDFC FIRST Bharat Associate Manager Salary 0 - 10 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 4% less
Poonawalla Fincorp Associate Manager Salary 0 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹8.1 L/yr 72% more

Associate Manager salary at IIFL Finance ranges between ₹3.2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 10 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Associate Manager salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.8 L/yr
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
7 years (3 salaries)	₹3.2 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.9 L/yr

View all

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Technical Manager Salary

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Project Lead Salary

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₹11.5 L/yr - ₹14.7 L/yr

Software Engineer Salary

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Test Lead Salary

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Senior Engineer Salary

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Lead Engineer Salary

(AmbitionBox Estimate)

₹30 L/yr - ₹38.3 L/yr

Team Lead Salary

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₹0.95 L/yr - ₹5.18 L/yr

Salary related reviews for IIFL Finance

5.0

Rated by 4 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.

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)

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.

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.

Assistant Manager in Hyderabad / Secunderabad

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.

Assistant Manager in Tirupati

Full Time

Sales & Business Development Department

3.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

The company is expend more on its security.

Dislikes

The company is bother employees. incentives not given to the employees. and salary also very low to employees who are loyal to company. New joiners will get best package but existing employees will not get any hike. They will work years but no hike. The company is very terrible in view of its approach towards employees. How to live the employees with a low salary in the cost of living is so high.

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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 Associate Manager Salary FAQs

What is the salary of Associate Manager at IIFL Finance?

Associate Manager salary at IIFL Finance in India ranges between ₹3.2 Lakhs to ₹5.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 75% less than the average Associate Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of IIFL Finance India.

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

The average salary of a Associate Manager at IIFL Finance is 75% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IIFL Finance to a Associate Manager in India?

Home Credit Finance Associate Manager Salary - ₹7.0 Lakhs to ₹13.0 Lakhs per year
Edelweiss Associate Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
Motilal Oswal Financial Services Associate Manager Salary - ₹3.9 Lakhs to ₹12.5 Lakhs per year
Annapurna Finance Associate Manager Salary - ₹4.8 Lakhs to ₹8.4 Lakhs per year
Poonawalla Fincorp Associate Manager Salary - ₹3.6 Lakhs to ₹8.1 Lakhs per year

What is the salary of a Associate Manager in companies similar to IIFL Finance in India?

L&T Finance Associate Manager Salary - ₹5.3 Lakhs to ₹8.0 Lakhs per year
Aavas Financiers Associate Manager Salary - ₹3.9 Lakhs to ₹10.5 Lakhs per year
Shriram Finance Associate Manager Salary - ₹3.0 Lakhs to ₹7.9 Lakhs per year
TVS Credit Associate Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
Piramal Capital Housing Finance Associate Manager Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Associate Manager at IIFL Finance ranges between ₹28,009 per month to ₹29,403 per month in India. The take-home salary calculation is based on the average IIFL Finance Associate Manager salary in India which ranges between ₹3.2 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Associate Manager at IIFL Finance?

According to AmbitionBox, 43% of the IIFL Finance Associate Managers reported a notice period of 2 Months, 27% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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IIFL Finance Associate Manager Salaries

IIFL Finance Associate Manager salary in India ranges between ₹3.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 IIFL Finance latest salaries received from various employees of IIFL Finance.