IIFL Finance Procurement Officer Salaries by 4 Employees (Updated 2025)

4 - 9 years exp.

₹2.2 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Procurement Officer Salary in NBFC Companies for 4 - 9 years of experience

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Salaries in different departments

Finance & Accounting Procurement Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Procurement & Supply Chain Procurement Officer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 5 Dec 2024

Companies similar to IIFL Finance for Procurement Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Procurement Officer Salary 3 - 7 years exp. (4 salaries)	₹3.8 L/yr - ₹6 L/yr 30% more
RSPL Group Procurement Officer Salary 0 - 5 years exp. (31 salaries)	₹2.2 L/yr - ₹6.2 L/yr 17% more
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ITC Procurement Officer Salary 0 - 10 years exp. (21 salaries)	₹4.1 L/yr - ₹8 L/yr 48% more
BlackBuck Procurement Officer Salary 5 - 10 years exp. (19 salaries)	₹3.7 L/yr - ₹5.8 L/yr 36% more
Wipro Procurement Officer Salary 0 - 3 years exp. (16 salaries)	₹2 L/yr - ₹3.6 L/yr 13% less

Procurement Officer salary at IIFL Finance ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Procurement Officer salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.8 L/yr
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6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr

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Similar Designation salaries in IIFL Finance

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(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Senior Officer Salary

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Senior Purchase Officer Salary

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₹3.2 L/yr - ₹4 L/yr

Officer Salary

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₹1.05 L/yr - ₹4 L/yr

Purchase Manager Salary

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Store Incharge Salary

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₹1.8 L/yr - ₹2.3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Deputy Manager Salary

(159 salaries)

₹2.3 L/yr - ₹9.62 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for IIFL Finance

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

Senior Officer in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 27 Jan 2022

4.0

for Salary and Benefits

Likes

...ironment and culture teammates are supportive and the management is transparent. Company policies are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

On the job training is not given to new employees.

Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 Jan 2018

5.0

for Salary and Benefits

Likes

...ellent and employees feel comfortable to work. company giving high appreciation. salary is paid on time. is best in industry

Salary - Excellent

+6 more

Dislikes

My new vendor location is not best, poor infrastructure sitting arrangement is not properly very week facilities (water,system,chair,room etc.)

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 Officer in Mumbai Suburban

Other Department

3.0

• posted on 06 Dec 2020

2.0

for Salary and Benefits

Likes

Covid 19 lockdown company not support and remove many employees.

Dislikes

There is a lot of politics and the management does not our issues.salary is good but carrier growth is slow. Senior management examples TM IS NOT good

Salary - Poor

+5 more

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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IIFL Finance Procurement Officer Salary FAQs

What is the salary of Procurement Officer at IIFL Finance?

Procurement Officer salary at IIFL Finance in India ranges between ₹2.2 Lakhs to ₹4.5 Lakhs for experience between 4 years to 9 years. According to our estimates it is 39% less than the average Procurement Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance India.

How does the salary of a Procurement Officer at IIFL Finance India compare with the average salary range for this job?

The average salary of a Procurement Officer at IIFL Finance is 39% less than the average salary of a Procurement Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than IIFL Finance to a Procurement Officer in India?

ITC Procurement Officer Salary - ₹4.1 Lakhs to ₹8.0 Lakhs per year
BlackBuck Procurement Officer Salary - ₹3.7 Lakhs to ₹5.8 Lakhs per year
Bajaj Finance Procurement Officer Salary - ₹3.8 Lakhs to ₹6.0 Lakhs per year
RSPL Group Procurement Officer Salary - ₹2.2 Lakhs to ₹6.2 Lakhs per year

What is the salary of a Procurement Officer in companies similar to IIFL Finance in India?

Wipro Procurement Officer Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Procurement Officer at IIFL Finance in India?

The estimated take-home salary of a Procurement Officer at IIFL Finance ranges between ₹25,219 per month to ₹26,655 per month in India. The take-home salary calculation is based on the average IIFL Finance Procurement Officer salary in India which ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Procurement Officer at IIFL Finance?

According to AmbitionBox, 50% of the IIFL Finance Procurement Officers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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IIFL Finance Procurement Officer Salaries

IIFL Finance Procurement Officer salary in India ranges between ₹2.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL Finance latest salaries received from various employees of IIFL Finance.