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

3 - 14 years exp.

₹4 Lakhs - ₹16.4 Lakhs

Salary of majority employees

43% 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 - 13 years exp. (9 salaries)	₹5.5 L/yr - ₹12 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 - ₹10.7 L/yr
Sales & Business Development Manager Salary 7 - 14 years exp. (3 salaries)	₹4.8 L/yr - ₹8.6 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. (70 salaries)

₹4 L/yr - ₹16.4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹5.2 L/yr - ₹17.5 L/yr 7% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 11% less
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ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.4 L/yr 33% more
Axis Bank Manager Salary 0 - 18 years exp. (1.7k salaries)	₹5.5 L/yr - ₹15 L/yr 9% more
Bajaj Finance Manager Salary 1 - 10 years exp. (57 salaries)	₹3.6 L/yr - ₹10.7 L/yr 30% less	155 job openings
Kotak Securities Manager Salary 0 - 16 years exp. (248 salaries)	₹3.9 L/yr - ₹15 L/yr 9% less
L&T Finance Manager Salary 1 - 14 years exp. (235 salaries)	₹5.2 L/yr - ₹16.1 L/yr 19% more
Edelweiss Manager Salary 3 - 14 years exp. (230 salaries)	₹6 L/yr - ₹21.9 L/yr 37% more
Motilal Oswal Financial Services Manager Salary 4 - 13 years exp. (184 salaries)	₹4 L/yr - ₹15.4 L/yr 7% less
Tata Capital Manager Salary 0 - 12 years exp. (176 salaries)	₹5.3 L/yr - ₹19 L/yr 25% more	9 job openings

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Manager salary at IIFL Finance ranges between ₹4 Lakhs to ₹16.4 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 70 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 - ₹16.3 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 (10 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 (5 salaries)	₹3.9 L/yr - ₹12 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹11 L/yr

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From

Manager

3 - 14 years exp.

Area Manager

4 - 17 years exp.

From

Manager

3 - 14 years exp.

Senior Manager

1 - 13 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

(47 salaries)

₹2.8 L/yr - ₹10.1 L/yr

Management Trainee Salary

(28 salaries)

₹18.68 L/yr - ₹30.5 L/yr

Senior Analyst Salary

(5 salaries)

₹3 L/yr - ₹11.5 L/yr

Audit Manager Salary

(3 salaries)

₹2.7 L/yr - ₹4.57 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

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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IIFL Finance Manager Salary FAQs

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

The average salary of a Manager at IIFL Finance in Mumbai typically ranges from ₹4.0 Lakhs to ₹16.4 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of Manager in Mumbai at IIFL Finance earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹19.2 Lakhs per year. 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 Manager at IIFL Finance in Mumbai?

The estimated take-home salary of a Manager at IIFL Finance in Mumbai typically ranges from ₹68,401 to ₹70,156 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹16.4 Lakhs per year for employees with experience ranging from 3 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 Manager at IIFL Finance in Mumbai?

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

- HNI Acquisition
- Communication Skills
- Portfolio Management
- HNI Sales
- Wealth Management

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 Manager in India?

Home Credit Finance	₹12.0 Lakhs to ₹17.1 Lakhs per year
Piramal Capital Housing Finance	₹6.0 Lakhs to ₹27.0 Lakhs per year
SMFG India Credit	₹6.0 Lakhs to ₹22.0 Lakhs per year
Edelweiss	₹6.0 Lakhs to ₹21.9 Lakhs per year
ICICI Bank	₹6.0 Lakhs to ₹22.4 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 Manager in companies similar to IIFL Finance in Mumbai?

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

Tata Motors Finance	₹7.0 Lakhs to ₹17.0 Lakhs per year
Tata Capital	₹5.3 Lakhs to ₹19.0 Lakhs per year
HDB Financial Services	₹4.9 Lakhs to ₹20.0 Lakhs per year
Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹17.1 Lakhs per year
Mahindra Finance	₹7.0 Lakhs to ₹20.0 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 Manager at IIFL Finance in Mumbai?

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

Experience	Average Salary Range
3 years	₹4.0 Lakhs to ₹16.3 Lakhs per year
4 years	₹4.3 Lakhs to ₹14.0 Lakhs per year
5 years	₹4.8 Lakhs to ₹16.0 Lakhs per year
6 years	₹4.0 Lakhs to ₹15.8 Lakhs per year

and so on.

Tell us how to improve this page.

IIFL Finance Manager salary in Mumbai ranges between ₹4 Lakhs to ₹16.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 70 IIFL Finance latest salaries received from various employees of IIFL Finance.