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

4 - 9 years exp.

₹2.2 Lakhs - ₹4.5 Lakhs

Salary of majority employees

44% 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 in Mumbai

IIFL Finance Procurement Officer Salary

4 - 9 years exp. (4 salaries)

₹2.2 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Wilhelmsen Ship Management Procurement Officer Salary 1 - 8 years exp. (13 salaries)	₹4.2 L/yr - ₹7.4 L/yr 70% more
Glenmark Pharmaceuticals Procurement Officer Salary 0 - 5 years exp. (7 salaries)	₹4.2 L/yr - ₹6.1 L/yr 57% more
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Hikal Procurement Officer Salary 2 - 7 years exp. (6 salaries)	₹2.7 L/yr - ₹4.8 L/yr 10% more
GoodWood Shipmanagement Procurement Officer Salary 5 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹12 L/yr 107% more
Aditya Birla Group Procurement Officer Salary 3 - 9 years exp. (5 salaries)	₹4.5 L/yr - ₹9 L/yr 110% more

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 in Mumbai

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in IIFL Finance

Senior Officer Salary

(68 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(48 salaries)

₹3.5 L/yr - ₹9.65 L/yr

Officer Salary

(27 salaries)

₹1.05 L/yr - ₹4 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

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.

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

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.

Dislikes

Coworkers not support

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

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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IIFL Finance Procurement Officer Salary FAQs

What is the salary of Procurement Officer at IIFL Finance Mumbai?

Procurement Officer salary at IIFL Finance in Mumbai ranges between ₹2.2 Lakhs to ₹4.5 Lakhs for experience between 4 years to 9 years. According to our estimates it is 44% less than the average Procurement Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance Mumbai.

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

The average salary of a Procurement Officer at IIFL Finance is 44% less than the average salary of a Procurement Officer in Mumbai. To know exact salary insights, login to view.

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

Aditya Birla Group Procurement Officer Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year
GoodWood Shipmanagement Procurement Officer Salary - ₹4.8 Lakhs to ₹12.0 Lakhs per year
Wilhelmsen Ship Management Procurement Officer Salary - ₹4.2 Lakhs to ₹7.4 Lakhs per year
Glenmark Pharmaceuticals Procurement Officer Salary - ₹4.2 Lakhs to ₹6.1 Lakhs per year
Hikal Procurement Officer Salary - ₹2.7 Lakhs to ₹4.8 Lakhs per year

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

The estimated take-home salary of a Procurement Officer at IIFL Finance ranges between ₹25,515 per month to ₹26,946 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 50% of the IIFL Finance Procurement Officers in Mumbai 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 in Mumbai

IIFL Finance Procurement Officer salary in Mumbai 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.