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

2 - 14 years exp.

₹2.2 Lakhs - ₹7 Lakhs

Salary of majority employees

51% less than the average Branch Manager Salary in NBFC Companies for 2 - 14 years of experience

Interested in this particular role? 8 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
Piramal Capital Housing Finance Branch Manager Salary 3 - 9 years exp. (6 salaries)	₹4.4 L/yr - ₹7.5 L/yr 13% more
Satin Creditcare Network Branch Manager Salary 5 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.1 L/yr 35% less
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Bharat Financial Inclusion Branch Manager Salary 5 - 10 years exp. (3 salaries)	₹2.9 L/yr - ₹4.5 L/yr 30% less
Mahindra Finance Branch Manager Salary 8 - 10 years exp. (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr 7% less
ICICI Bank Branch Manager Salary 5 - 20 years exp. (222 salaries)	₹6.3 L/yr - ₹25.1 L/yr 165% more

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 - ₹8.4 L/yr
3 years (5 salaries)	₹2.8 L/yr - ₹8.6 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

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From

Branch Manager

2 - 16 years exp.

Territory Manager

10 - 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

(54 salaries)

₹3.5 L/yr - ₹10 L/yr

Credit Manager Salary

(47 salaries)

₹2.8 L/yr - ₹10.1 L/yr

Sales Manager Salary

(15 salaries)

₹2.85 L/yr - ₹7.2 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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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IIFL Finance Branch Manager Salary FAQs

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

The average salary of a Branch Manager at IIFL Finance in Mumbai typically ranges from ₹2.2 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 2 years to 14 years).

The top 10% of Branch Manager in Mumbai at IIFL Finance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Branch Manager 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 70+ IIFL Finance employees in India.

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 in Mumbai typically ranges from ₹40,743 to ₹41,897 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 2 years to 14 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 70+ 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 Branch Manager at IIFL Finance in Mumbai?

To be a Branch Manager at IIFL Finance in Mumbai, the key skills required include:

- Gold Loan
- Sales
- Branch Management
- Marketing
- Team Handling

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 Branch Manager in India?

ICICI Bank	₹6.3 Lakhs to ₹25.1 Lakhs per year
Piramal Capital Housing Finance	₹4.4 Lakhs to ₹7.5 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 Branch Manager in companies similar to IIFL Finance in Mumbai?

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

Mahindra Finance	₹4.3 Lakhs to ₹5.5 Lakhs per year
Bharat Financial Inclusion	₹2.9 Lakhs to ₹4.5 Lakhs per year
Satin Creditcare Network	₹3.0 Lakhs to ₹4.1 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 Branch Manager at IIFL Finance in Mumbai?

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

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹8.4 Lakhs per year
3 years	₹2.8 Lakhs to ₹8.6 Lakhs per year
4 years	₹3.2 Lakhs to ₹5.6 Lakhs per year
5 years	₹2.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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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.