IIFL Finance Mumbai Manager Salaries by 60+ Employees (Updated 2025)

3 - 14 years exp.

₹4 Lakhs - ₹16.5 Lakhs

Salary of majority employees

42% less than the average Manager Salary in NBFC Companies for 3 - 14 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 4 - 13 years exp. (22 salaries)	₹5.1 L/yr - ₹15 L/yr
BFSI, Investments & Trading Manager Salary 4 - 8 years exp. (8 salaries)	₹5.5 L/yr - ₹11.5 L/yr
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Customer Success, Service & Operations Manager Salary 3 - 13 years exp. (7 salaries)	₹3.8 L/yr - ₹13 L/yr
Data Science & Analytics Manager Salary 5 - 6 years exp. (3 salaries)	₹8 L/yr - ₹10.8 L/yr
Sales & Business Development Manager Salary 7 - 14 years exp. (3 salaries)	₹4.8 L/yr - ₹8.5 L/yr

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Last Updated: 20 Feb 2025

Companies similar to IIFL Finance for Manager in Mumbai

IIFL Finance Manager Salary

3 - 14 years exp. (69 salaries)

₹4 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹4 L/yr - ₹15.4 L/yr 4% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹12.8 L/yr 15% less
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ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹18.5 L/yr 31% more
Axis Bank Manager Salary 0 - 18 years exp. (1.7k salaries)	₹5.5 L/yr - ₹18 L/yr 8% more	2 job openings
Bajaj Finance Manager Salary 1 - 10 years exp. (56 salaries)	₹3.6 L/yr - ₹12 L/yr 28% less
L&T Finance Manager Salary 1 - 14 years exp. (245 salaries)	₹5.2 L/yr - ₹17 L/yr 18% more
Edelweiss Manager Salary 3 - 14 years exp. (234 salaries)	₹5.1 L/yr - ₹21 L/yr 32% more
Kotak Securities Manager Salary 0 - 16 years exp. (229 salaries)	₹3.3 L/yr - ₹14 L/yr 15% less
Motilal Oswal Financial Services Manager Salary 4 - 13 years exp. (184 salaries)	₹4 L/yr - ₹15.5 L/yr 6% less
Tata Capital Manager Salary 0 - 12 years exp. (176 salaries)	₹6 L/yr - ₹19 L/yr 23% more	7 job openings

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Manager salary at IIFL Finance ranges between ₹4 Lakhs to ₹16.5 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 69 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Manager salaries in Mumbai

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
3 years (3 salaries)	₹4 L/yr - ₹16.7 L/yr
4 years (8 salaries)	₹4.3 L/yr - ₹14 L/yr
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5 years (11 salaries)	₹4.8 L/yr - ₹16 L/yr
6 years (8 salaries)	₹4 L/yr - ₹15.8 L/yr
7 years (9 salaries)	₹4.8 L/yr - ₹15 L/yr
8 years (9 salaries)	₹5.5 L/yr - ₹15 L/yr
9 years (3 salaries)	₹3.8 L/yr - ₹13.1 L/yr
10 years (9 salaries)	₹5.2 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹17.3 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹17.4 L/yr
13 years (4 salaries)	₹3.9 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹11 L/yr

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From

Manager

3 - 15 years exp.

Senior Manager

₹

Lakhs/yr

1 - 17 years exp.

From

Manager

3 - 15 years exp.

Area Manager

4 - 17 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

(57 salaries)

₹3.5 L/yr - ₹10 L/yr

Credit Manager Salary

(52 salaries)

₹2.8 L/yr - ₹10.1 L/yr

Management Trainee Salary

(28 salaries)

₹16.66 L/yr - ₹30 L/yr

Senior Analyst Salary

(5 salaries)

₹3 L/yr - ₹11.5 L/yr

Audit Manager Salary

(3 salaries)

₹2.7 L/yr - ₹4.09 L/yr

Top skills at IIFL Finance for Manager

HNI Acquisition Communication Skills Portfolio Management HNI Sales Wealth Management

Salary related reviews for IIFL Finance

4.2

Rated by 11 employees for salary & benefits

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

Credit Manager in Kolkata, Shakespeare Sarani, 700017.

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2020

3.0

for Salary and Benefits

Likes

Teammates are supportive. Office environment are good & fair. Yearly hike in salary & bonus given. Company policy is workable & fair.

Skill development - Excellent

+1 more

Dislikes

...n in current covid 19 period as well as they're given notice entire credit team.salary deducted , no bonus & hike given in last financial.

Job security - Poor

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

see more salary related reviews

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What people are saying about IIFL Finance

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an internal auditor

Offer related guidance

Hi there, I need a little clarity. I am currently working as a Manager in an NBFC from the past 2.5 yrs. My current CTC is 7.7 Lpa fixed. I've an offer in hand with a CTC of 9.7 LPA but with a designation lower than manager i.e. DM. What is your take on it? Should I accept the offer? Is it a fair pay?

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IIFL Finance Manager Salary FAQs

What is the salary of Manager at IIFL Finance Mumbai?

Manager salary at IIFL Finance in Mumbai ranges between ₹4.0 Lakhs to ₹16.5 Lakhs for experience between 3 years to 14 years. According to our estimates it is 42% less than the average Manager Salary in India. Salary estimates are based on 69 latest salaries received from various employees of IIFL Finance Mumbai.

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

The average salary of a Manager at IIFL Finance is 42% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

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

HNI Acquisition, Communication Skills, Portfolio Management, HNI Sales and Wealth Management are some of the popular skills required to work as a Manager at IIFL Finance Mumbai.

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

Piramal Capital Housing Finance Manager Salary - ₹6.1 Lakhs to ₹25.4 Lakhs per year
SMFG India Credit Manager Salary - ₹6.0 Lakhs to ₹22.0 Lakhs per year
Edelweiss Manager Salary - ₹5.1 Lakhs to ₹21.0 Lakhs per year
ICICI Bank Manager Salary - ₹6.0 Lakhs to ₹18.5 Lakhs per year
Tata Capital Manager Salary - ₹6.0 Lakhs to ₹19.0 Lakhs per year

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

Poonawalla Fincorp Manager Salary - ₹7.3 Lakhs to ₹15.8 Lakhs per year
Axis Direct Manager Salary - ₹5.0 Lakhs to ₹15.6 Lakhs per year
Mahindra Finance Manager Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
Mahindra Rural Housing Finance Manager Salary - ₹8.0 Lakhs to ₹17.1 Lakhs per year
L&T Finance Manager Salary - ₹5.2 Lakhs to ₹17.0 Lakhs per year

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

The estimated take-home salary of a Manager at IIFL Finance ranges between ₹69,007 per month to ₹70,779 per month in Mumbai. The take-home salary calculation is based on the average IIFL Finance Manager salary in India which ranges between ₹4.0 Lakhs to ₹16.5 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 64% of the IIFL Finance Managers in Mumbai reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 39 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IIFL Finance Manager salary in Mumbai ranges between ₹4 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 69 IIFL Finance latest salaries received from various employees of IIFL Finance.