IIFL Finance Mumbai Branch Manager Salaries by 70+ Employees (Updated 2025)

2 - 14 years exp.

₹2.2 Lakhs - ₹7 Lakhs

Salary of majority employees

50% less than the average Branch Manager Salary in NBFC Companies for 2 - 14 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 3 - 13 years exp. (29 salaries)	₹2.2 L/yr - ₹7 L/yr
Sales & Business Development Branch Manager Salary 3 - 14 years exp. (13 salaries)	₹2.8 L/yr - ₹6.5 L/yr
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Finance & Accounting Branch Manager Salary 2 - 9 years exp. (12 salaries)	₹2.4 L/yr - ₹5.4 L/yr
Customer Success, Service & Operations Branch Manager Salary 4 - 13 years exp. (10 salaries)	₹4.5 L/yr - ₹7 L/yr

Last Updated: 5 Mar 2025

Companies similar to IIFL Finance for Branch Manager in Mumbai

IIFL Finance Branch Manager Salary

2 - 14 years exp. (77 salaries)

₹2.2 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Manager Salary 5 - 20 years exp. (221 salaries)	₹5.5 L/yr - ₹22 L/yr 144% more
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (134 salaries)	₹7.5 L/yr - ₹25.6 L/yr 202% more	1 job opening
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State Bank of India Branch Manager Salary 5 - 16 years exp. (30 salaries)	₹12 L/yr - ₹28 L/yr 260% more
IndusInd Bank Branch Manager Salary 7 - 20 years exp. (79 salaries)	₹6.4 L/yr - ₹25.9 L/yr 179% more	17 job openings
Yes Bank Branch Manager Salary 7 - 19 years exp. (83 salaries)	₹6.3 L/yr - ₹26 L/yr 177% more	3 job openings
Standard Chartered Branch Manager Salary 12 - 17 years exp. (13 salaries)	₹18 L/yr - ₹51 L/yr 532% more
Bank of Baroda Branch Manager Salary 7 - 14 years exp. (10 salaries)	₹9 L/yr - ₹25 L/yr 239% more
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (52 salaries)	₹6.7 L/yr - ₹28 L/yr 192% more	7 job openings
RBL Bank Branch Manager Salary 11 - 21 years exp. (46 salaries)	₹11.2 L/yr - ₹28.5 L/yr 230% more	7 job openings
Canara Bank Branch Manager Salary 7 - 12 years exp. (3 salaries)	₹10 L/yr - ₹18.5 L/yr 165% more

View all

Branch Manager salary at IIFL Finance ranges between ₹2.2 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 77 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Branch Manager salaries in Mumbai

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹3 L/yr - ₹8.3 L/yr
3 years (5 salaries)	₹2.8 L/yr - ₹8.5 L/yr
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4 years (7 salaries)	₹3.2 L/yr - ₹5.6 L/yr
5 years (7 salaries)	₹2.2 L/yr - ₹5.4 L/yr
6 years (4 salaries)	₹3.2 L/yr - ₹5.4 L/yr
7 years (11 salaries)	₹3.3 L/yr - ₹6 L/yr
8 years (9 salaries)	₹3 L/yr - ₹6 L/yr
9 years (8 salaries)	₹3.9 L/yr - ₹6.7 L/yr
10 years (7 salaries)	₹4 L/yr - ₹7 L/yr
11 years (5 salaries)	₹3.5 L/yr - ₹7 L/yr
12 years (6 salaries)	₹3.5 L/yr - ₹6 L/yr
13 years (4 salaries)	₹4.5 L/yr - ₹6.3 L/yr
14 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr

View all

From

Branch Manager

2 - 16 years exp.

Territory Manager

₹

Lakhs/yr

8 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IIFL Finance

Deputy Manager Salary

(56 salaries)

₹3.5 L/yr - ₹10 L/yr

Credit Manager Salary

(50 salaries)

₹2.8 L/yr - ₹10.1 L/yr

Sales Manager Salary

(12 salaries)

₹2.85 L/yr - ₹6.5 L/yr

Top skills at IIFL Finance for Branch Manager

Gold Loan Sales Branch Management Marketing Team Handling Banking Business Growth Business Development Customer Service Cross Selling Revenue Generation NBFC customer care gold Lead Generation

Salary related reviews for IIFL Finance

3.0

Rated by 20 employees for salary & benefits

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

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

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Oct 2018

5.0

for Salary and Benefits

Likes

Salary,learning

Salary - Excellent

+2 more

Dislikes

Work pressure is high, manager do not have value of person, senior does not guide only need business that's it. Job is not secure , mentaly pressure given by senior, company and top management is best but over all not satisfactory.

Job security - Bad

+2 more

Branch Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

3.0

• posted on 07 Sep 2022

2.0

for Salary and Benefits

Likes

Working location ,qualigues,good customers,auditors,time to time salary credit,timings

Company culture - Good

+1 more

Dislikes

No value to given old employees ,bonus deduct CTC,rating politics,role elevation not equal all employees ,hard work employees not suitable this job company,rating given to paritiolity

Salary - Poor

+2 more

Branch Manager in Thanjavur

Sales & Business Development Department

5.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Good work environment. Appraisals are fair and they give good salary hike on every year.working time very comfortable. Management is transparent.

Salary - Good

+6 more

Dislikes

If they are reduce some policies will do more business compare to other competitors.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IIFL Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at IIFL Finance Mumbai?

Branch Manager salary at IIFL Finance in Mumbai ranges between ₹2.2 Lakhs to ₹7.0 Lakhs for experience between 2 years to 14 years. According to our estimates it is 50% less than the average Branch Manager Salary in India. Salary estimates are based on 77 latest salaries received from various employees of IIFL Finance Mumbai.

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

The average salary of a Branch Manager at IIFL Finance is 50% less than the average salary of a Branch Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at IIFL Finance?

Gold Loan, Sales, Branch Management, Marketing and Team Handling are some of the popular skills required to work as a Branch Manager at IIFL Finance Mumbai.

Which similar companies are paying more than IIFL Finance to a Branch Manager in Mumbai?

Standard Chartered Branch Manager Salary - ₹18.0 Lakhs to ₹51.0 Lakhs per year
State Bank of India Branch Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Bank of Baroda Branch Manager Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
RBL Bank Branch Manager Salary - ₹11.2 Lakhs to ₹28.5 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - ₹7.5 Lakhs to ₹25.6 Lakhs per year

What is the salary of a Branch Manager in companies similar to IIFL Finance in Mumbai?

IDFC FIRST Bank Branch Manager Salary - ₹6.7 Lakhs to ₹28.0 Lakhs per year
Union Bank of India Branch Manager Salary - ₹8.0 Lakhs to ₹22.5 Lakhs per year
Bank of Maharashtra Branch Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
IndusInd Bank Branch Manager Salary - ₹6.4 Lakhs to ₹25.9 Lakhs per year
Yes Bank Branch Manager Salary - ₹6.3 Lakhs to ₹26.0 Lakhs per year

What is the estimated take home salary of a Branch Manager at IIFL Finance in Mumbai?

The estimated take-home salary of a Branch Manager at IIFL Finance ranges between ₹40,938 per month to ₹42,089 per month in Mumbai. The take-home salary calculation is based on the average IIFL Finance Branch Manager salary in India which ranges between ₹2.2 Lakhs to ₹7.0 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at IIFL Finance in Mumbai?

According to AmbitionBox, 62% of the IIFL Finance Branch Managers in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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IIFL Finance Branch Manager Salaries in Mumbai

IIFL Finance Branch Manager salary in Mumbai ranges between ₹2.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 77 IIFL Finance latest salaries received from various employees of IIFL Finance.