IIFL Finance Sales Associate Salaries by 6 Employees

1 - 2 years exp.

₹1.8 Lakh - ₹3.4 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Sales Associate Salary in NBFC Companies for 1 - 2 years of experience

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Salaries in different departments

Finance & Accounting Sales Associate Salary 1 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹2.2 L/yr
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Sales & Business Development Sales Associate Salary 1 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹3.4 L/yr

Last Updated: 4 Aug 2024

Companies similar to IIFL Finance for Sales Associate

Company name	Avg Annual Salary	Open Jobs
Home Credit Finance Sales Associate Salary 0 - 6 years exp. (132 salaries)	₹0.9 L/yr - ₹3.6 L/yr 12% more
HDB Financial Services Sales Associate Salary 0 - 5 years exp. (56 salaries)	₹1.4 L/yr - ₹3.2 L/yr 9% more
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Bajaj Finance Sales Associate Salary 0 - 10 years exp. (29 salaries)	₹1.3 L/yr - ₹3.6 L/yr 23% more
Tata Capital Sales Associate Salary 0 - 8 years exp. (28 salaries)	₹2.1 L/yr - ₹4 L/yr 65% more	12 job openings
TVS Credit Sales Associate Salary 0 - 8 years exp. (7 salaries)	₹2.5 L/yr - ₹4.1 L/yr 71% more
Shriram Finance Sales Associate Salary 2 - 8 years exp. (5 salaries)	₹1.4 L/yr - ₹3 L/yr 24% more
L&T Finance Sales Associate Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹4.5 L/yr 26% more
Piramal Capital Housing Finance Sales Associate Salary 0 - 3 years exp. (5 salaries)	₹2.1 L/yr - ₹2.7 L/yr 33% more
Mahindra Finance Sales Associate Salary 1 - 9 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr 43% more
Aavas Financiers Sales Associate Salary 2 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3.4 L/yr 20% more
Muthoot Finance Sales Associate Salary 1 - 12 years exp. (4 salaries)	₹1.7 L/yr - ₹2.4 L/yr 4% more
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Muthoot Fincorp Sales Associate Salary 4 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 35% more
Tata Motors Finance Sales Associate Salary 0 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹2.6 L/yr 31% more

Sales Associate salary at IIFL Finance ranges between ₹1.8 Lakh to ₹3.4 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 6 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Sales Associate salaries

Last Updated: 4 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.1 L/yr
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2 years (4 salaries)	₹1.8 L/yr - ₹3.4 L/yr

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Salary related reviews for IIFL Finance

3.0

Rated by 1 employees for salary & benefits

Territory Sales Manager in Jaipur

Full Time

Sales & Business Development Department

5.0

• posted on 27 Sep 2023

5.0

for Salary and Benefits

Likes

...earn lot of thinks at my 12th year career company work culture is very healthy . Company each and every employee growth salary and profile according time to time.

Salary - Excellent

+6 more

Dislikes

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

Area Sales Manager in Mumbai

Sales Department

1.0

• posted on 31 Dec 2021

1.0

for Salary and Benefits

Likes

Its a worst company. They dont pay salary. So dont join this company. They are cheat, fraud, bogus company. They will make you work 15 to 20 hours a day. They will not allow you to eat food, drink water or go to washroom.Its just worst than hell. Never ever join this fraud company.

Dislikes

Worst company, Never join this company. You will never be paid your salary. They will make you work more than 15 to 20 hours. They will not allow you to eat or go to washroom.

Salary - Bad

+6 more

Sales Manager in Nagpur

Gold Loan Department

1.0

• posted on 18 May 2022

4.0

for Salary and Benefits

Likes

Good salary hike.

Salary - Good

+2 more

Dislikes

At the time of interview they have giving me the deatils of job profile as "you have to work from branch, arrange customer for loan by calling, n all " after joining I get to know that they have appointed me for some MoHo team which they never told me at the time of interview, there is no branch, only field work, no place to sit, no place for work, only you have go through market meet people take selfies, its like only field work, and work pressure is high, manager will call you 4-5times a day asking to share live location and will ask about business its like they'll mentally pressurized to you. Actually its not a company fault its all depends on your reporting manager, how he handles the team and my manager was *****. I don't know how he was appointed in the organisation as he don't know how to handle a team, how to talk, his language was rough like villagers. When I joined the company I get to know that already 7-8 employees resigned in 2months because of his behaviour and I was 9th I guess. I only want to say that please clear all the things at the time of interview, because its not the company fault but its about the staff who is working.

Work satisfaction - Bad

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IIFL Finance Sales Associate Salary FAQs

What is the salary of Sales Associate at IIFL Finance ?

The average salary of a Sales Associate at IIFL Finance in India typically ranges from ₹1.8 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Sales Associate at IIFL Finance earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Sales Associate 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 6 IIFL Finance employees in India.

What is the estimated take home salary of a Sales Associate at IIFL Finance in India?

The estimated take-home salary of a Sales Associate at IIFL Finance in India typically ranges from ₹13,314 to ₹14,736 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 1 year to 2 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 6 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 Sales Associate in India?

TVS Credit	₹2.5 Lakhs to ₹4.1 Lakhs per year
Tata Capital	₹2.1 Lakhs to ₹4.0 Lakhs per year
Mahindra Finance	₹2.2 Lakhs to ₹3.6 Lakhs per year
Muthoot Fincorp	₹2.2 Lakhs to ₹3.5 Lakhs per year
Piramal Capital Housing Finance	₹2.1 Lakhs to ₹2.7 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 Sales Associate in companies similar to IIFL Finance in India?

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

Tata Motors Finance	₹2.4 Lakhs to ₹2.6 Lakhs per year
L&T Finance	₹1.8 Lakhs to ₹4.5 Lakhs per year
Shriram Finance	₹1.4 Lakhs to ₹3.0 Lakhs per year
Bajaj Finance	₹1.3 Lakhs to ₹3.6 Lakhs per year
Aavas Financiers	₹1.9 Lakhs to ₹3.4 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 Sales Associate at IIFL Finance in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.1 Lakhs per year
2 years	₹1.8 Lakhs to ₹3.4 Lakhs per year

and so on.

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IIFL Finance Sales Associate Salaries

IIFL Finance Sales Associate salary in India ranges between ₹1.8 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IIFL Finance latest salaries received from various employees of IIFL Finance.