IIFL Finance Deputy Branch Manager Salaries by 7 Employees

8 - 12 years exp.

₹4.5 Lakhs - ₹7.1 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Deputy Branch Manager Salary in NBFC Companies for 8 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Branch Manager Salary 9 - 12 years exp. (3 salaries)	₹4.5 L/yr - ₹6 L/yr
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Marketing & Communication Deputy Branch Manager Salary 8 - 10 years exp. (3 salaries)	₹5.2 L/yr - ₹7.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to IIFL Finance for Deputy Branch Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Deputy Branch Manager Salary 1 - 7 years exp. (8 salaries)	₹3.8 L/yr - ₹4.5 L/yr 21% less
Muthoot Fincorp Deputy Branch Manager Salary 10 - 14 years exp. (5 salaries)	₹4.1 L/yr - ₹6.3 L/yr At par
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Mahindra Finance Deputy Branch Manager Salary 4 - 14 years exp. (5 salaries)	₹5.2 L/yr - ₹9.5 L/yr 30% more
Piramal Capital Housing Finance Deputy Branch Manager Salary 5 - 7 years exp. (4 salaries)	₹3.9 L/yr - ₹8.7 L/yr 6% more
Annapurna Finance Deputy Branch Manager Salary 5 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹3.3 L/yr 39% less
Mahindra Rural Housing Finance Deputy Branch Manager Salary 3 - 11 years exp. (3 salaries)	₹3.1 L/yr - ₹5.2 L/yr 19% less
Muthoot Finance Deputy Branch Manager Salary 9 - 11 years exp. (3 salaries)	₹6.3 L/yr - ₹6.5 L/yr 26% more
HDB Financial Services Deputy Branch Manager Salary 6 - 9 years exp. (3 salaries)	₹6.3 L/yr - ₹7.6 L/yr 34% more

Deputy Branch Manager salary at IIFL Finance ranges between ₹4.5 Lakhs to ₹7.1 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Deputy Branch Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

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₹11.9 L/yr - ₹18 L/yr

Salary related reviews for IIFL Finance

2.7

Rated by 4 employees for salary & benefits

Assistant Branch Manager in Ramagundam

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 22 Mar 2025

1.0

for Salary and Benefits

Likes

Salary timing is good every month end it's credited. Thare is no photo punching in IIFL.

Dislikes

...roperly maintain dress code. 5. Full of politics in branch level. 6. Gossips 7. No salary increment every year. Only tm special people only get salary increment high others get bottom of the bottom . 8. No respect for staff. 9. No petrol allowance the bike is used for family purposes also. 10. TM using bike for family childrens also 11. Going outside branch purpose is our money only . 12. Grill gate most irritating. 13. Only one person doing gold appraisal 14. No one don't know about office circulars. 15. Branch managers don't know office culture and dress code. 16. Partiality is starting with branch manager. It's not gone end but iam ending my writing.

Salary - Bad

+6 more

Assistant Branch Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

Nothing good about this company

Dislikes

Staffs are mostly undergraduate so can't expect good operations in branch they don't pay TA and other expenses they expect us to pay first then they gonna approve if they like or you gonna lose that money . Their targets are unbelievable for everyones b'day the branch is open from 8am to 8pm. And theirs much more ...mostly toxic people .. the don't care much about staff and customers they care about profits

Salary - Poor

+6 more

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

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

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IIFL Finance Deputy Branch Manager Salary FAQs

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

The average salary of a Deputy Branch Manager at IIFL Finance in India typically ranges from ₹4.5 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Deputy Branch Manager at IIFL Finance earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Deputy 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 7 IIFL Finance employees in India.

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

The estimated take-home salary of a Deputy Branch Manager at IIFL Finance in India typically ranges from ₹37,645 to ₹38,846 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 8 years to 12 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 7 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 Deputy Branch Manager in India?

HDB Financial Services	₹6.3 Lakhs to ₹7.6 Lakhs per year
Mahindra Finance	₹5.2 Lakhs to ₹9.5 Lakhs per year
Muthoot Finance	₹6.3 Lakhs to ₹6.5 Lakhs per year
Piramal Capital Housing Finance	₹3.9 Lakhs to ₹8.7 Lakhs per year
Muthoot Fincorp	₹4.1 Lakhs to ₹6.3 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 Deputy Branch Manager in companies similar to IIFL Finance in India?

The salary of a Deputy Branch Manager 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	₹3.1 Lakhs to ₹5.2 Lakhs per year
Bajaj Finance	₹3.8 Lakhs to ₹4.5 Lakhs per year
Annapurna Finance	₹2.8 Lakhs to ₹3.3 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 Deputy Branch Manager at IIFL Finance in India?

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

Experience	Average Salary Range
8 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
9 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
10 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
11 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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IIFL Finance Deputy Branch Manager Salaries

IIFL Finance Deputy Branch Manager salary in India ranges between ₹4.5 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IIFL Finance latest salaries received from various employees of IIFL Finance.