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IIFL Finance Banking Officer salaries in India

Annual salary range
1 - 4 years exp.
₹2 Lakhs - ₹4.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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23% less than the average Banking Officer Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Banking Officer Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.2 L/yr

Finance & Accounting
Banking Officer Salary
1 year exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹2.8 L/yr

Last Updated: 16 Jul 2024

Companies similar to IIFL Finance for Banking Officer

Company name Avg Annual Salary Open Jobs
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HDB Financial Services Banking Officer Salary

0 - 6 years exp. (157 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 20% less
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Manappuram Finance Banking Officer Salary

0 - 7 years exp. (13 salaries)

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₹1.9 L/yr - ₹6 L/yr

arrow icon 18% more
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Muthoot Finance Banking Officer Salary

1 - 4 years exp. (9 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 26% less
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₹1.2 L/yr - ₹2.8 L/yr

arrow icon 28% less
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Shriram Finance Banking Officer Salary

0 - 4 years exp. (6 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 10% less
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₹2.2 L/yr - ₹5 L/yr

arrow icon 18% more
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Bajaj Finance Banking Officer Salary

1 - 6 years exp. (5 salaries)

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₹2.8 L/yr - ₹3.7 L/yr

arrow icon 14% more
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SMFG India Credit Banking Officer Salary

0 - 4 years exp. (5 salaries)

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₹1.9 L/yr - ₹2.8 L/yr

arrow icon 22% less
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₹2.5 L/yr - ₹2.8 L/yr

arrow icon 13% less
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Asirvad Microfinance Banking Officer Salary

1 - 4 years exp. (4 salaries)

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₹1.4 L/yr - ₹6.2 L/yr

arrow icon 5% less
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Muthoot Microfin Banking Officer Salary

0 - 3 years exp. (4 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 5% more
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Aavas Financiers Banking Officer Salary

1 - 7 years exp. (4 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 17% less
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₹1.8 L/yr - ₹2.5 L/yr

arrow icon 29% less
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TVS Credit Banking Officer Salary

1 - 7 years exp. (3 salaries)

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₹2.3 L/yr - ₹2.7 L/yr

arrow icon 21% less
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SK Finance Limited Banking Officer Salary

2 - 3 years exp. (3 salaries)

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₹1.5 L/yr - ₹2 L/yr

arrow icon 41% less
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L&T Finance Banking Officer Salary

1 - 3 years exp. (3 salaries)

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₹2.2 L/yr - ₹3.1 L/yr

arrow icon 20% less
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Tata Capital Banking Officer Salary

6 - 10 years exp. (3 salaries)

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₹3.7 L/yr - ₹6.8 L/yr

arrow icon 60% more
Banking Officer salary at IIFL Finance ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of IIFL Finance.

Latest annual salaries shared by IIFL Finance Banking Officer

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Experience wise IIFL Finance Banking Officer salaries

Last Updated: 16 Jul 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in IIFL Finance

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₹1.2 L/yr - ₹5.8 L/yr
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₹17.04 L/yr - ₹30 L/yr
Senior Analyst Salary
(5 salaries)
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₹3 L/yr - ₹13 L/yr
Deputy Manager Salary
(218 salaries)
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₹2.3 L/yr - ₹10 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹2 L/yr - ₹7 L/yr
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₹1.8 L/yr - ₹4 L/yr
Accountant Salary
(24 salaries)
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₹2 L/yr - ₹5.5 L/yr
Analyst Salary
(8 salaries)
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₹5.5 L/yr - ₹17.34 L/yr
Team Lead Salary
(115 salaries)
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₹0.95 L/yr - ₹5.85 L/yr

Salary related reviews for IIFL Finance

4.2

Rated by 4 employees for salary & benefits

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 %

read more

Dislikes

Senior behaviour with junior

  • Salary - Bad
  • +5 more

Finance & Accounting Department

5.0
  •  posted on 27 Jun 2022

3.0
 for  Salary and Benefits

Likes

Good work environment the management support transperent. There is a huge cafeteria and arcade for chilling company policies are good, Appraisal are fair and they give good salary hike and bonus every year.

read more
  • Promotions - Excellent
  • +3 more

Dislikes

Coworkers not support

  • Skill development - Poor

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.

read more
  • Salary - Bad
  • +6 more

Other Department

1.0
  •  posted on 01 Dec 2020

1.0
 for  Salary and Benefits

Likes

...am leader staff is leaving the organisation just within a month after joining. Even after leaving the company with all exit policies after 90 days also didn’t got the salary and require documents. After so much follow up’s with HR they are not giving the proper response. Not at all career growth. Pathetic experience overall.

read more

Dislikes

  • Salary - Bad
  • Skill development - Bad
  • +5 more

BFSI, Investments & Trading Department

4.0
  •  posted on 15 Aug 2020

4.0
 for  Salary and Benefits

Likes

Company atmosphere good specially thane office good salary hike & bonus loyal higher management Nirmal Jain sir..

read more
  • Salary - Good
  • +1 more

Dislikes

SME Insta products was good but most of NPA accounts that reason insta products not growing up.

  • Job security - Poor
see more salary related reviews

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IIFL Finance Banking Officer Salary FAQs

What is the salary of Banking Officer at IIFL Finance ?
The average salary of a Banking Officer at IIFL Finance in India typically ranges from ₹2.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Banking Officer at IIFL Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Banking Officer 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 6 IIFL Finance employees in India.
What is the estimated take home salary of a Banking Officer at IIFL Finance in India?
The estimated take-home salary of a Banking Officer at IIFL Finance in India typically ranges from ₹22,044 to ₹23,527 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.5 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 6 salaries received from various employees of IIFL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IIFL Finance for Banking Officer in India?
Tata Capital ₹3.7 Lakhs to ₹6.8 Lakhs per year
Piramal Capital Housing Finance ₹2.2 Lakhs to ₹5.0 Lakhs per year
Manappuram Finance ₹1.9 Lakhs to ₹6.0 Lakhs per year
Bajaj Finance ₹2.8 Lakhs to ₹3.7 Lakhs per year
Muthoot Microfin ₹3.0 Lakhs to ₹3.5 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 Banking Officer in companies similar to IIFL Finance in India?
The salary of a Banking Officer at companies similar to IIFL Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Asirvad Microfinance ₹1.4 Lakhs to ₹6.2 Lakhs per year
Shriram Finance ₹1.8 Lakhs to ₹4.0 Lakhs per year
Satin Creditcare Network ₹2.5 Lakhs to ₹2.8 Lakhs per year
Aavas Financiers ₹1.8 Lakhs to ₹3.5 Lakhs per year
L&T Finance ₹2.2 Lakhs to ₹3.1 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 Banking Officer at IIFL Finance in India?
The salary growth for a Banking Officer at IIFL Finance depends on factors such as experience, performance, and promotions. On average, a Banking Officer can expect the following growth trajectory at IIFL Finance:

Experience Average Salary Range
1 year ₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
3 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
4 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
and so on.

Tell us how to improve this page.

IIFL Finance Banking Officer salary in India ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 IIFL Finance latest salaries received from various employees of IIFL Finance.