IIFL Finance Mumbai Senior Manager Salaries by 30+ Employees (Updated 2025)

2 - 13 years exp.

₹6 Lakhs - ₹19.3 Lakhs

Salary of majority employees

49% less than the average Senior Manager Salary in NBFC Companies for 2 - 13 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Salary 3 - 13 years exp. (7 salaries)	₹10 L/yr - ₹20 L/yr
BFSI, Investments & Trading Senior Manager Salary 7 - 13 years exp. (5 salaries)	₹6.2 L/yr - ₹13 L/yr
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Sales & Business Development Senior Manager Salary 3 - 9 years exp. (5 salaries)	₹7.2 L/yr - ₹19 L/yr
Data Science & Analytics Senior Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹12.7 L/yr - ₹21 L/yr
Human Resources Senior Manager Salary 10 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹16 L/yr

View all

Last Updated: 4 Jan 2025

Companies similar to IIFL Finance for Senior Manager in Mumbai

IIFL Finance Senior Manager Salary

2 - 13 years exp. (32 salaries)

₹6 L/yr - ₹19.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (2.4k salaries)	₹8.2 L/yr - ₹28 L/yr 47% more
Kotak Mahindra Bank Senior Manager Salary 2 - 19 years exp. (1.4k salaries)	₹5.5 L/yr - ₹20 L/yr 19% more
Login to view exact salary
ICICI Bank Senior Manager Salary 1 - 21 years exp. (645 salaries)	₹9.3 L/yr - ₹26 L/yr 60% more
Axis Bank Senior Manager Salary 2 - 21 years exp. (2k salaries)	₹8.9 L/yr - ₹30 L/yr 57% more	2 job openings
Bajaj Finance Senior Manager Salary 4 - 11 years exp. (17 salaries)	₹8 L/yr - ₹21 L/yr 26% more	9 job openings
L&T Finance Senior Manager Salary 2 - 11 years exp. (241 salaries)	₹8 L/yr - ₹26 L/yr 62% more
Kotak Securities Senior Manager Salary 5 - 18 years exp. (170 salaries)	₹6 L/yr - ₹23.5 L/yr 25% more
ICICI Securities Senior Manager Salary 1 - 13 years exp. (155 salaries)	₹8 L/yr - ₹22 L/yr 24% more
SMFG India Credit Senior Manager Salary 6 - 16 years exp. (151 salaries)	₹9 L/yr - ₹31 L/yr 91% more
Edelweiss Senior Manager Salary 7 - 17 years exp. (143 salaries)	₹7 L/yr - ₹25 L/yr 37% more
Motilal Oswal Financial Services Senior Manager Salary 5 - 19 years exp. (117 salaries)	₹6 L/yr - ₹20 L/yr 13% more	1 job opening
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Tata Capital Senior Manager Salary 4 - 13 years exp. (107 salaries)	₹8.5 L/yr - ₹30 L/yr 94% more
Piramal Capital Housing Finance Senior Manager Salary 3 - 14 years exp. (79 salaries)	₹13 L/yr - ₹35 L/yr 108% more
Angel One Senior Manager Salary 7 - 18 years exp. (67 salaries)	₹5.9 L/yr - ₹25.3 L/yr 31% more
Mahindra Finance Senior Manager Salary 4 - 13 years exp. (54 salaries)	₹7 L/yr - ₹29.6 L/yr 54% more
Aditya Birla Finance Senior Manager Salary 3 - 14 years exp. (30 salaries)	₹10.3 L/yr - ₹25 L/yr 54% more
Axis Direct Senior Manager Salary 7 - 17 years exp. (30 salaries)	₹7.4 L/yr - ₹24.5 L/yr 35% more
HDFC Securities Senior Manager Salary 10 - 18 years exp. (29 salaries)	₹9 L/yr - ₹21 L/yr 43% more
Sharekhan Senior Manager Salary 6 - 18 years exp. (25 salaries)	₹8 L/yr - ₹21 L/yr 32% more
Tata Motors Finance Senior Manager Salary 6 - 21 years exp. (25 salaries)	₹13 L/yr - ₹25 L/yr 62% more

View all

Senior Manager salary at IIFL Finance ranges between ₹6 Lakhs to ₹19.3 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 32 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Senior Manager salaries in Mumbai

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹18.5 L/yr
3 years (4 salaries)	₹4.2 L/yr - ₹18 L/yr
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4 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
5 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹18 L/yr
7 years (5 salaries)	₹6.2 L/yr - ₹19 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹12 L/yr
9 years (4 salaries)	₹4.5 L/yr - ₹20 L/yr
10 years (6 salaries)	₹10 L/yr - ₹20 L/yr
11 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
12 years (3 salaries)	₹10 L/yr - ₹20.9 L/yr
13 years (5 salaries)	₹8 L/yr - ₹14 L/yr

View all

Similar Designation salaries in IIFL Finance

Branch Manager Salary

(76 salaries)

₹2.2 L/yr - ₹7 L/yr

Deputy Manager Salary

(55 salaries)

₹3.5 L/yr - ₹10 L/yr

Sales Manager Salary

(15 salaries)

₹2.85 L/yr - ₹7.2 L/yr

Territory Manager Salary

(9 salaries)

₹5.3 L/yr - ₹10.5 L/yr

Marketing Manager Salary

(9 salaries)

₹5.9 L/yr - ₹24 L/yr

Business Manager Salary

(5 salaries)

₹5.5 L/yr - ₹7 L/yr

Top skills at IIFL Finance for Senior Manager

HNI Acquisition preferred banking Relationship Management CRM MIS Preparation

Salary related reviews for IIFL Finance

4.0

Rated by 6 employees for salary & benefits

Senior Manager in Kamala Mills Lower Parel

Other Department

5.0

• posted on 30 Nov 2021

4.0

for Salary and Benefits

Likes

It's Great Experience to work with IIFLWEALTH for more than 12 years. About the job security Management not take any negative Disicion for Lower Gread Employee cost cutting.

Salary - Good

+5 more

Dislikes

No increment and Lower Bonus as I much expect from them.

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

Skill development - Excellent

Dislikes

Giving low salary and huge pressure over work load more than salary. Hieringe from compitition with huge salary but not giving them who are wintage and loyal to the company.

Salary - Bad

+4 more

Area Manager in Guwahati

Full Time

Sales & Business Development Department

4.0

• posted on 04 Oct 2023

4.0

for Salary and Benefits

Likes

Good Culture, Good Management, Employee Partnership Program ESOP, Bonus

Salary - Good

+6 more

Dislikes

...s, ideally it should not be, Self driven people must have freedom from all this. Salary Structure should be as per performance, Outsiders gets higher package and those who are working since long they are having less salary. Few Seniors are looks like they are our guardian and they understand our problems, But few seniors we we feel scared even to make a call

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

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Skill development - Excellent

+3 more

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Job security - Poor

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IIFL Finance Senior Manager Salary FAQs

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

The average salary of a Senior Manager at IIFL Finance in Mumbai typically ranges from ₹6.0 Lakhs to ₹19.3 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Senior Manager in Mumbai at IIFL Finance earn more than ₹19.3 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Senior 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 30+ IIFL Finance employees in India.

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

The estimated take-home salary of a Senior Manager at IIFL Finance in Mumbai typically ranges from ₹78,369 to ₹80,406 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹19.3 Lakhs per year for employees with experience ranging from 2 years to 13 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 30+ 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 Senior Manager at IIFL Finance in Mumbai?

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

- HNI Acquisition
- preferred banking
- Relationship Management
- CRM
- MIS Preparation

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 Senior Manager in India?

Piramal Capital Housing Finance	₹13.0 Lakhs to ₹35.0 Lakhs per year
Tata Capital	₹8.5 Lakhs to ₹30.0 Lakhs per year
SMFG India Credit	₹9.0 Lakhs to ₹31.0 Lakhs per year
L&T Finance	₹8.0 Lakhs to ₹26.0 Lakhs per year
Tata Motors Finance	₹13.0 Lakhs to ₹25.0 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 Senior Manager in companies similar to IIFL Finance in Mumbai?

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

ICICI Bank	₹9.3 Lakhs to ₹26.0 Lakhs per year
Axis Bank	₹8.9 Lakhs to ₹30.0 Lakhs per year
Poonawalla Fincorp	₹10.0 Lakhs to ₹23.1 Lakhs per year
Aditya Birla Finance	₹10.3 Lakhs to ₹25.0 Lakhs per year
Mahindra Finance	₹7.0 Lakhs to ₹29.6 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 Senior Manager at IIFL Finance in Mumbai?

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

Experience	Average Salary Range
2 years	₹6.0 Lakhs to ₹18.5 Lakhs per year
3 years	₹4.2 Lakhs to ₹18.0 Lakhs per year
4 years	₹9.5 Lakhs to ₹12.1 Lakhs per year
5 years	₹9.6 Lakhs to ₹12.3 Lakhs per year

and so on.

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IIFL Finance Senior Manager Salaries in Mumbai

IIFL Finance Senior Manager salary in Mumbai ranges between ₹6 Lakhs to ₹19.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 IIFL Finance latest salaries received from various employees of IIFL Finance.

IIFL Finance Senior Manager salaries in Mumbai (Updated 2025)

Companies similar to IIFL Finance for Senior Manager in Mumbai

Latest annual salaries shared by IIFL Finance Senior Manager in Mumbai

Experience wise IIFL Finance Senior Manager salaries in Mumbai

Similar Designation salaries in IIFL Finance

Top skills at IIFL Finance for Senior Manager

Salary related reviews for IIFL Finance

Senior Manager in Kamala Mills Lower Parel

Branch Manager in Dholka

Area Manager in Guwahati

Territory Sales Manager in Jaipur

Branch Manager in Hyderabad / Secunderabad

IIFL Finance Senior Manager Salary FAQs

Tell us how to improve this page.