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IIFL Finance BM salaries in India

Annual salary range
5 - 11 years exp.
₹4.8 Lakhs - ₹6 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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10% less than the average BM Salary in NBFC Companies for 5 - 11 years of experience

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Last Updated: 26 Feb 2024

Companies similar to IIFL Finance for BM

Company name Avg Annual Salary Open Jobs
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Mahindra Rural Housing Finance BM Salary

5 - 11 years exp. (12 salaries)

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₹2.6 L/yr - ₹5 L/yr

arrow icon 11% less
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L&T Finance BM Salary

3 - 9 years exp. (11 salaries)

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₹3.2 L/yr - ₹5.7 L/yr

arrow icon 12% less
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Aavas Financiers BM Salary

4 - 10 years exp. (9 salaries)

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₹4.4 L/yr - ₹7 L/yr

arrow icon 13% more
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Muthoot Fincorp BM Salary

4 - 11 years exp. (8 salaries)

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₹3.1 L/yr - ₹4 L/yr

arrow icon 26% less
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Muthoot Finance BM Salary

5 - 10 years exp. (8 salaries)

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₹3 L/yr - ₹5.9 L/yr

arrow icon 11% more
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Manappuram Finance BM Salary

2 - 12 years exp. (4 salaries)

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₹3.6 L/yr - ₹4.6 L/yr

arrow icon 23% less
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Annapurna Finance BM Salary

1 - 9 years exp. (4 salaries)

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₹2.4 L/yr - ₹6.7 L/yr

arrow icon 20% less
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SMFG India Credit BM Salary

8 - 15 years exp. (4 salaries)

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₹3.6 L/yr - ₹7.5 L/yr

arrow icon 6% more
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Tata Capital BM Salary

6 - 10 years exp. (4 salaries)

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₹3 L/yr - ₹7.6 L/yr

arrow icon 2% more
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HDB Financial Services BM Salary

10 - 11 years exp. (3 salaries)

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₹5.2 L/yr - ₹6.3 L/yr

arrow icon 9% more
BM salary at IIFL Finance ranges between ₹4.8 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of IIFL Finance.

Latest annual salaries shared by IIFL Finance BM

10mo ago
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11 years exp.
1y ago
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6 years exp.
1y ago
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9 years exp.

Experience wise IIFL Finance BM salaries

Last Updated: 26 Feb 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)

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₹5 L/yr - ₹9.3 L/yr
View all

Similar Designation salaries in IIFL Finance

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₹0.9 L/yr - ₹3.8 L/yr
Senior Officer Salary
(420 salaries)
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₹1.8 L/yr - ₹4.73 L/yr
Deputy Manager Salary
(218 salaries)
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₹2.3 L/yr - ₹10 L/yr
Loan Manager Salary
(196 salaries)
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₹2.1 L/yr - ₹5.6 L/yr
Team Lead Salary
(115 salaries)
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₹0.95 L/yr - ₹5.85 L/yr
Sales Executive Salary
(100 salaries)
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₹1.2 L/yr - ₹4 L/yr
CCE Salary
(79 salaries)
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₹1.2 L/yr - ₹3.8 L/yr
Product Manager Salary
(76 salaries)
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₹7 L/yr - ₹24 L/yr
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₹1.2 L/yr - ₹4.15 L/yr
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₹8.35 L/yr - ₹31 L/yr

Salary related reviews for IIFL Finance

3.8

Rated by 4 employees for salary & benefits

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

read more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 11 Feb 2024

3.0
 for  Salary and Benefits

Likes

Salary criteria was good.

Dislikes

Work culture was too bad. No support from seniors and audit department always target the employees. They don’t provide the training to employees in any sector. Moreover, they always try to spoil the career of the employees as employees has to fight for FNF and relieving.

read more
  • Skill development - Poor
  • +3 more

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

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 27 Jan 2022

4.0
 for  Salary and Benefits

Likes

...ironment and culture teammates are supportive and the management is transparent. Company policies are good appraisal are fair and they give good salary hike and bonus every year.

read more
  • Salary - Good
  • +6 more

Dislikes

On the job training is not given to new employees.

Full Time

 · 

Engineering - Hardware & Networks Department

4.0
  •  posted on 11 Oct 2021

5.0
 for  Salary and Benefits

Likes

Consider of employee and giving holidays some festivals good policies, good salary hike bonuses every year.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Company good but management bad. There's a lot of politics creating by some senior employees and miss behavior to new joinees and after resingn waiting period 2-3 months.

read more
see more salary related reviews

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IIFL Finance BM Salary FAQs

What is the salary of BM at IIFL Finance ?
The average salary of a BM at IIFL Finance in India typically ranges from ₹4.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of BM at IIFL Finance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. BM 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 BM at IIFL Finance in India?
The estimated take-home salary of a BM at IIFL Finance in India typically ranges from ₹39,014 to ₹40,194 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 5 years to 11 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 BM in India?
Aavas Financiers ₹4.4 Lakhs to ₹7.0 Lakhs per year
Muthoot Finance ₹3.0 Lakhs to ₹5.9 Lakhs per year
HDB Financial Services ₹5.2 Lakhs to ₹6.3 Lakhs per year
SMFG India Credit ₹3.6 Lakhs to ₹7.5 Lakhs per year
Tata Capital ₹3.0 Lakhs to ₹7.6 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 BM in companies similar to IIFL Finance in India?
The salary of a BM at companies similar to IIFL Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Rural Housing Finance ₹2.6 Lakhs to ₹5.0 Lakhs per year
L&T Finance ₹3.2 Lakhs to ₹5.7 Lakhs per year
Annapurna Finance ₹2.4 Lakhs to ₹6.7 Lakhs per year
Manappuram Finance ₹3.6 Lakhs to ₹4.6 Lakhs per year
Muthoot Fincorp ₹3.1 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 BM at IIFL Finance in India?
The salary growth for a BM at IIFL Finance depends on factors such as experience, performance, and promotions. On average, a BM can expect the following growth trajectory at IIFL Finance:

Experience Average Salary Range
5 years ₹5.0 Lakhs to ₹9.3 Lakhs per year
6 years ₹2.1 Lakhs to ₹6.0 Lakhs per year
7 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
8 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
and so on.

Tell us how to improve this page.

IIFL Finance BM salary in India ranges between ₹4.8 Lakhs to ₹6 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.