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IIFL Finance Business Analyst salaries in India (Updated 2025)

Annual salary range
1 - 9 years exp.
₹4.2 Lakhs - ₹13.5 Lakhs
Salary of majority employees
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20% less than the average Business Analyst Salary in NBFC Companies for 1 - 9 years of experience

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Salaries in different departments

Product Management
Business Analyst Salary
4 - 9 years exp. (7 salaries)
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₹4.8 L/yr - ₹12 L/yr

Data Science & Analytics
Business Analyst Salary
1 - 8 years exp. (6 salaries)
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₹4.2 L/yr - ₹13.5 L/yr

Engineering - Hardware & Networks
Business Analyst Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹7.8 L/yr

Engineering - Software & QA
Business Analyst Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹7.8 L/yr - ₹8 L/yr

Last Updated: 4 Mar 2025

Companies similar to IIFL Finance for Business Analyst

Company name Avg Annual Salary Open Jobs
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Aditya Birla Finance Business Analyst Salary

1 - 9 years exp. (60 salaries)

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₹6.5 L/yr - ₹20 L/yr

arrow icon 105% more
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Bajaj Finance Business Analyst Salary

1 - 6 years exp. (43 salaries)

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₹5.9 L/yr - ₹20.6 L/yr

arrow icon 53% more
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₹1.4 L/yr - ₹10.2 L/yr

arrow icon 24% less
1 job opening
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CreditAccess Grameen Business Analyst Salary

1 - 4 years exp. (34 salaries)

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₹3.5 L/yr - ₹9.1 L/yr

arrow icon 37% less
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TVS Credit Business Analyst Salary

2 - 11 years exp. (23 salaries)

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₹5 L/yr - ₹12.8 L/yr

arrow icon 26% more
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Aavas Financiers Business Analyst Salary

0 - 3 years exp. (23 salaries)

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₹2 L/yr - ₹6.5 L/yr

arrow icon 37% less
1 job opening
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SK Finance Limited Business Analyst Salary

1 - 6 years exp. (23 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 24% less
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Tata Capital Business Analyst Salary

1 - 10 years exp. (23 salaries)

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₹5.6 L/yr - ₹15.6 L/yr

arrow icon 44% more
1 job opening
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L&T Finance Business Analyst Salary

0 - 7 years exp. (21 salaries)

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₹5.2 L/yr - ₹15 L/yr

arrow icon 17% more
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SMFG India Credit Business Analyst Salary

1 - 8 years exp. (21 salaries)

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₹3.2 L/yr - ₹12 L/yr

arrow icon 8% less
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Poonawalla Fincorp Business Analyst Salary

2 - 5 years exp. (15 salaries)

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₹4.4 L/yr - ₹16.8 L/yr

arrow icon 31% more
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Mahindra Finance Business Analyst Salary

0 - 10 years exp. (13 salaries)

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₹2.8 L/yr - ₹11.5 L/yr

arrow icon 2% less
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₹3.4 L/yr - ₹6 L/yr

arrow icon 36% less
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Muthoot Fincorp Business Analyst Salary

2 - 9 years exp. (7 salaries)

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₹5 L/yr - ₹8.3 L/yr

arrow icon 15% less
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Shriram Finance Business Analyst Salary

5 - 11 years exp. (7 salaries)

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₹2.8 L/yr - ₹7 L/yr

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₹9 L/yr - ₹21 L/yr

arrow icon 64% more
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IIFL SAMASTA Business Analyst Salary

2 - 5 years exp. (6 salaries)

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₹5 L/yr - ₹9 L/yr

arrow icon 24% less
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₹7.4 L/yr - ₹11.2 L/yr

arrow icon 15% more
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Manappuram Finance Business Analyst Salary

0 - 4 years exp. (5 salaries)

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₹2 L/yr - ₹6.3 L/yr

arrow icon 61% less
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Home Credit Finance Business Analyst Salary

4 - 10 years exp. (5 salaries)

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₹6 L/yr - ₹15 L/yr

arrow icon 51% more
View all
Business Analyst salary at IIFL Finance ranges between ₹4.2 Lakhs to ₹13.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 27 latest salaries received from various employees of IIFL Finance.

Latest annual salaries shared by IIFL Finance Business Analyst

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9 years exp.
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Experience wise IIFL Finance Business Analyst salaries

Last Updated: 4 Mar 2025

Experience Avg Annual Salary
1 year  (5 salaries)

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₹6 L/yr - ₹9 L/yr
2 years  (3 salaries)

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₹7 L/yr - ₹8 L/yr
3 years  (5 salaries)

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₹4.2 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹10 L/yr
5 years  (3 salaries)

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₹6 L/yr - ₹12.5 L/yr
View all

Similar Designation salaries in IIFL Finance

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₹11.5 L/yr - ₹15 L/yr
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₹5 L/yr - ₹18 L/yr
Senior Analyst Salary
(5 salaries)
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₹3 L/yr - ₹13 L/yr
Data Analyst Salary
(10 salaries)
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₹4.85 L/yr - ₹10.28 L/yr
Analyst Salary
(8 salaries)
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₹5.5 L/yr - ₹17.34 L/yr
Senior Data Analyst Salary
(AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr
Team Lead Salary
(115 salaries)
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₹0.95 L/yr - ₹5.85 L/yr
Data Scientist Salary
(11 salaries)
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₹8.03 L/yr - ₹22 L/yr
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₹5.55 L/yr - ₹15 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Top skills at IIFL Finance for Business Analyst

Business Analysis Variance Analysis UAT Financial Analysis Financial Modelling FPA Finance Mobile Applications Brd Forecasting Change Management Waterfall Banking Agile Budgeting

Salary related reviews for IIFL Finance

3.6

Rated by 6 employees for salary & benefits

Full Time

 · 

Product Management Department

4.0
  •  posted on 20 Mar 2022

4.0
 for  Salary and Benefits

Likes

...ent at Corporate office. Focus on taking responsibility and getting things done. Good salary & increments vis-a-vis competitors.

read more
  • Salary - Good
  • +2 more

Dislikes

Lacks team culture. Poor training by L&D Team. Teams are always under-staffed. Company/Department-level Recognition & appreciation is visibly zero for the Corporate level (exists in Sales team only).

read 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 %

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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

Data Science & Analytics Department

5.0
  •  posted on 24 Oct 2017

4.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base. I also like the employee rehire policy here.

read more
  • Salary - Good
  • +6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 12-15 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals.

read more
see more salary related reviews

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IIFL Finance Business Analyst Salary FAQs

What is the salary of Business Analyst at IIFL Finance ?
The average salary of a Business Analyst at IIFL Finance in India typically ranges from ₹4.2 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Business Analyst at IIFL Finance earn more than ₹11.8 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Business Analyst 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 20+ IIFL Finance employees in India.
What is the estimated take home salary of a Business Analyst at IIFL Finance in India?
The estimated take-home salary of a Business Analyst at IIFL Finance in India typically ranges from ₹57,725 to ₹59,178 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 1 year to 9 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 20+ 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 Business Analyst at IIFL Finance ?
To be a Business Analyst at IIFL Finance in india, the key skills required include:

  • - Business Analysis
  • - Variance Analysis
  • - UAT
  • - Financial Analysis
  • - Financial Modelling

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 Business Analyst in India?
Aditya Birla Finance ₹6.5 Lakhs to ₹20.0 Lakhs per year
Piramal Capital Housing Finance ₹9.0 Lakhs to ₹21.0 Lakhs per year
Bajaj Finance ₹5.9 Lakhs to ₹20.6 Lakhs per year
Home Credit Finance ₹6.0 Lakhs to ₹15.0 Lakhs per year
Tata Capital ₹5.6 Lakhs to ₹15.6 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 Business Analyst in companies similar to IIFL Finance in India?
The salary of a Business Analyst at companies similar to IIFL Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Poonawalla Fincorp ₹4.4 Lakhs to ₹16.8 Lakhs per year
TVS Credit ₹5.0 Lakhs to ₹12.8 Lakhs per year
Fusion Microfinance ₹6.0 Lakhs to ₹13.3 Lakhs per year
L&T Finance ₹5.2 Lakhs to ₹15.0 Lakhs per year
Bharat Financial Inclusion ₹7.4 Lakhs to ₹11.2 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 Business Analyst at IIFL Finance in India?
The salary growth for a Business Analyst at IIFL Finance depends on factors such as experience, performance, and promotions. On average, a Business Analyst can expect the following growth trajectory at IIFL Finance:

Experience Average Salary Range
1 year ₹6.0 Lakhs to ₹9.0 Lakhs per year
2 years ₹7.0 Lakhs to ₹8.0 Lakhs per year
3 years ₹4.2 Lakhs to ₹8.0 Lakhs per year
4 years ₹3.1 Lakhs to ₹10.0 Lakhs per year
and so on.

Tell us how to improve this page.

IIFL Finance Business Analyst salary in India ranges between ₹4.2 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 IIFL Finance latest salaries received from various employees of IIFL Finance.