IIFL Finance Business Associate Salaries by 5 Employees

0 - 15 years exp.

₹1.5 Lakh - ₹19.1 Lakhs

Low Confidence

Salary of majority employees

103% more than the average Business Associate Salary in NBFC Companies for 0 - 15 years of experience

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Salaries in different departments

Sales & Business Development Business Associate Salary 0 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹9 L/yr
BFSI, Investments & Trading Business Associate Salary 15 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr
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Research & Development Business Associate Salary Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 28 May 2023

Companies similar to IIFL Finance for Business Associate

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Business Associate Salary 0 - 5 years exp. (44 salaries)	₹1.1 L/yr - ₹4.3 L/yr 77% less
Mahindra Finance Business Associate Salary 0 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹2.9 L/yr 75% less
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Home Credit Finance Business Associate Salary 1 - 10 years exp. (5 salaries)	₹2 L/yr - ₹2.7 L/yr 77% less
Bajaj Finance Business Associate Salary 1 - 3 years exp. (4 salaries)	₹1 L/yr - ₹2 L/yr 86% less
Tech Mahindra Business Associate Salary 0 - 9 years exp. (1.2k salaries)	₹1.1 L/yr - ₹10.5 L/yr 44% less	1 job opening

Business Associate salary at IIFL Finance ranges between ₹1.5 Lakh to ₹19.1 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 5 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Business Associate salaries

Last Updated: 28 May 2023

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.5 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.4 L/yr
6 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
7 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹19.5 L/yr
9 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
10 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
11 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
12 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
13 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
14 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
15+ years (AmbitionBox Estimate)	₹7.6 L/yr - ₹20 L/yr

View all

Similar Designation salaries in IIFL Finance

Business Analyst Salary

(27 salaries)

₹4.2 L/yr - ₹13.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Business Analyst Salary

(4 salaries)

₹11.5 L/yr - ₹15 L/yr

Research Analyst Salary

(8 salaries)

₹5 L/yr - ₹18 L/yr

Senior Analyst Salary

(5 salaries)

₹3 L/yr - ₹13 L/yr

Analyst Salary

(8 salaries)

₹5.5 L/yr - ₹17.34 L/yr

Team Lead Salary

(115 salaries)

₹0.95 L/yr - ₹5.85 L/yr

Project Manager Salary

(7 salaries)

₹5.55 L/yr - ₹15 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Data Analyst Salary

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₹4.85 L/yr - ₹10.28 L/yr

Salary related reviews for IIFL Finance

Product Manager in Mumbai

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.

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).

Deputy Manager in Mumbai

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 %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

Deputy Manager in Koppal

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.

Promotions - Excellent

+3 more

Dislikes

Coworkers not support

Skill development - Poor

Senior Associate in Mumbai

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.

Salary - Bad

+6 more

Senior Business Analyst in Gwalior

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.

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.

see more salary related reviews

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IIFL Finance Business Associate Salary FAQs

What is the salary of Business Associate at IIFL Finance ?

The average salary of a Business Associate at IIFL Finance in India typically ranges from ₹1.5 Lakhs to ₹19.1 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Business Associate at IIFL Finance earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Business Associate 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 5 IIFL Finance employees in India.

What is the estimated take home salary of a Business Associate at IIFL Finance in India?

The estimated take-home salary of a Business Associate at IIFL Finance in India typically ranges from ₹73,656 to ₹75,559 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹19.1 Lakhs per year for employees with experience ranging from Fresher to 15 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 5 salaries received from various employees of IIFL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Business Associate in companies similar to IIFL Finance in India?

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

Tech Mahindra	₹1.1 Lakhs to ₹10.5 Lakhs per year
Mahindra Finance	₹1.5 Lakhs to ₹2.9 Lakhs per year
Home Credit Finance	₹2.0 Lakhs to ₹2.7 Lakhs per year
Shriram Finance	₹1.1 Lakhs to ₹4.3 Lakhs per year
Bajaj Finance	₹1.0 Lakhs to ₹2.0 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 Business Associate at IIFL Finance in India?

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

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹3.0 Lakhs per year
1 year	₹2.3 Lakhs to ₹2.9 Lakhs per year
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹4.4 Lakhs to ₹5.6 Lakhs per year

and so on.

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IIFL Finance Business Associate Salaries

IIFL Finance Business Associate salary in India ranges between ₹1.5 Lakh to ₹19.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IIFL Finance latest salaries received from various employees of IIFL Finance.