IIFL Finance Software Engineer Salaries by 10+ Employees (Updated 2025)

0 - 6 years exp.

₹5.5 Lakhs - ₹22 Lakhs

Salary of majority employees

55% more than the average Software Engineer Salary in NBFC Companies for 0 - 6 years of experience

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Last Updated: 23 Jan 2025

Companies similar to IIFL Finance for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Software Engineer Salary 0 - 3 years exp. (82 salaries)	₹4.8 L/yr - ₹15 L/yr 10% less	3 job openings
Bharat Financial Inclusion Software Engineer Salary 1 - 4 years exp. (29 salaries)	₹4 L/yr - ₹6.8 L/yr 63% less
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Piramal Capital Housing Finance Software Engineer Salary 0 - 5 years exp. (24 salaries)	₹9 L/yr - ₹36 L/yr 67% more
SMFG India Credit Software Engineer Salary 1 - 7 years exp. (20 salaries)	₹6.7 L/yr - ₹15.1 L/yr 29% less
L&T Finance Software Engineer Salary 0 - 5 years exp. (19 salaries)	₹4.2 L/yr - ₹10.8 L/yr 43% less
TVS Credit Software Engineer Salary 1 - 7 years exp. (17 salaries)	₹4.8 L/yr - ₹10 L/yr 45% less
HDB Financial Services Software Engineer Salary 1 - 4 years exp. (14 salaries)	₹2 L/yr - ₹10.4 L/yr 58% less
Aditya Birla Finance Software Engineer Salary 1 - 5 years exp. (10 salaries)	₹5.4 L/yr - ₹9.3 L/yr 48% less
Mahindra Finance Software Engineer Salary 0 - 8 years exp. (9 salaries)	₹3 L/yr - ₹7.6 L/yr 48% less
Home Credit Finance Software Engineer Salary 1 - 5 years exp. (8 salaries)	₹5.2 L/yr - ₹16.7 L/yr 29% less
Shriram Finance Software Engineer Salary 0 - 3 years exp. (8 salaries)	₹3 L/yr - ₹4 L/yr 72% less
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Satin Creditcare Network Software Engineer Salary 5 - 7 years exp. (6 salaries)	₹7.4 L/yr - ₹10.5 L/yr 37% less
Muthoot Fincorp Software Engineer Salary 2 - 6 years exp. (5 salaries)	₹3 L/yr - ₹7.5 L/yr 60% less
Manappuram Finance Software Engineer Salary 1 - 5 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 73% less
Spandana Sphoorty Financial Software Engineer Salary 3 - 8 years exp. (5 salaries)	₹6 L/yr - ₹11.5 L/yr 36% less
CreditAccess Grameen Software Engineer Salary 2 - 3 years exp. (5 salaries)	₹17.7 L/yr - ₹35.3 L/yr 103% more
Poonawalla Fincorp Software Engineer Salary 2 - 4 years exp. (5 salaries)	₹3.5 L/yr - ₹14 L/yr 39% less
John Deere Financial Software Engineer Salary 1 - 2 years exp. (3 salaries)	₹7 L/yr - ₹10.5 L/yr 37% less
Muthoot Microfin Software Engineer Salary 4 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹17.5 L/yr 34% less
Aavas Financiers Software Engineer Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹9 L/yr 62% less

View all

Software Engineer salary at IIFL Finance ranges between ₹5.5 Lakhs to ₹22 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 14 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Software Engineer salaries

Last Updated: 23 Jan 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹8 L/yr - ₹12 L/yr
1 year (AmbitionBox Estimate)	₹4.3 L/yr - ₹11 L/yr
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2 years (3 salaries)	₹5.7 L/yr - ₹21.4 L/yr
3 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹23.5 L/yr
4 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹25.5 L/yr
5 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹20.3 L/yr
6 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹21.5 L/yr

View all

Similar Designation salaries in IIFL Finance

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹16.3 L/yr - ₹20.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Senior Software Engineer Salary

(44 salaries)

₹5.16 L/yr - ₹17.75 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹30 L/yr - ₹38.3 L/yr

Software Developer Salary

(76 salaries)

₹3.5 L/yr - ₹14 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Senior Developer Salary

(AmbitionBox Estimate)

₹32.4 L/yr - ₹41.4 L/yr

Salesforce Developer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Salary related reviews for IIFL Finance

2.7

Rated by 3 employees for salary & benefits

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

Assistant Branch Manager in Ramagundam

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 22 Mar 2025

1.0

for Salary and Benefits

Likes

Salary timing is good every month end it's credited. Thare is no photo punching in IIFL.

Dislikes

...roperly maintain dress code. 5. Full of politics in branch level. 6. Gossips 7. No salary increment every year. Only tm special people only get salary increment high others get bottom of the bottom . 8. No respect for staff. 9. No petrol allowance the bike is used for family purposes also. 10. TM using bike for family childrens also 11. Going outside branch purpose is our money only . 12. Grill gate most irritating. 13. Only one person doing gold appraisal 14. No one don't know about office circulars. 15. Branch managers don't know office culture and dress code. 16. Partiality is starting with branch manager. It's not gone end but iam ending my writing.

Salary - Bad

+6 more

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

Cluster Head in Bhopal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 19 Nov 2024

4.0

for Salary and Benefits

Likes

Thats a good place where you actually feel like doing service not a servant. From logical goals to compensation and office timing, all very good. (Writing basis my tenure with IIFL till Mar 2020)

Salary - Good

+5 more

Dislikes

A bit uncertainty in policy, one at top level can change policy immediately without any proper communication.

Assistant Manager in New Delhi

Full Time

Other Department

5.0

• posted on 12 Nov 2024

4.0

for Salary and Benefits

Likes

We gets good increments We gets promotion We gets salary on time.

Salary - Good

+5 more

Dislikes

When we ask to the manager for the the leave their denied to grant leave but maneger takes leave all the time without any planning. Company should also think about the insentive structure where other company gives good inactives to their employees our company can't l.

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IIFL Finance Software Engineer Salary FAQs

What is the salary of Software Engineer at IIFL Finance ?

The average salary of a Software Engineer at IIFL Finance in India typically ranges from ₹5.5 Lakhs to ₹22.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Software Engineer at IIFL Finance earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹26.5 Lakhs per year. Software Engineer 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 10+ IIFL Finance employees in India.

What is the estimated take home salary of a Software Engineer at IIFL Finance in India?

The estimated take-home salary of a Software Engineer at IIFL Finance in India typically ranges from ₹92,112 to ₹94,578 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 10+ 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 Software Engineer in India?

CreditAccess Grameen	₹17.7 Lakhs to ₹35.3 Lakhs per year
Piramal Capital Housing Finance	₹9.0 Lakhs to ₹36.0 Lakhs per year
Tata Motors Finance	₹7.2 Lakhs to ₹34.0 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 Software Engineer in companies similar to IIFL Finance in India?

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

Bajaj Finance	₹4.8 Lakhs to ₹15.0 Lakhs per year
Home Credit Finance	₹5.2 Lakhs to ₹16.7 Lakhs per year
SMFG India Credit	₹6.7 Lakhs to ₹15.1 Lakhs per year
Muthoot Microfin	₹2.9 Lakhs to ₹17.5 Lakhs per year
Spandana Sphoorty Financial	₹6.0 Lakhs to ₹11.5 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 Software Engineer at IIFL Finance in India?

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

Experience	Average Salary Range
Fresher	₹8.0 Lakhs to ₹12.0 Lakhs per year
1 year	₹4.3 Lakhs to ₹11.0 Lakhs per year
2 years	₹5.7 Lakhs to ₹21.4 Lakhs per year
3 years	₹5.7 Lakhs to ₹23.5 Lakhs per year

and so on.

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IIFL Finance Software Engineer Salaries

IIFL Finance Software Engineer salary in India ranges between ₹5.5 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 IIFL Finance latest salaries received from various employees of IIFL Finance.