IIFL SAMASTA Business Manager Salaries by 3 Employees

1 - 4 years exp.

₹2.2 Lakhs - ₹9.2 Lakhs

Low Confidence

Salary of majority employees

58% less than the average Business Manager Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting Business Manager Salary 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
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Product Management Business Manager Salary 1 year exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.1 L/yr

Last Updated: 10 Jan 2024

Companies similar to IIFL SAMASTA for Business Manager

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Business Manager Salary 2 - 5 years exp. (4 salaries)	₹5.9 L/yr - ₹8.3 L/yr 30% more
Edelweiss Business Manager Salary 2 - 10 years exp. (8 salaries)	₹4.2 L/yr - ₹8.5 L/yr 55% more
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Aavas Financiers Business Manager Salary 3 - 11 years exp. (237 salaries)	₹2.5 L/yr - ₹8 L/yr 23% more	2 job openings
L&T Finance Business Manager Salary 2 - 10 years exp. (233 salaries)	₹3.4 L/yr - ₹9.1 L/yr 37% more
Shriram Finance Business Manager Salary 6 - 13 years exp. (33 salaries)	₹3 L/yr - ₹9 L/yr 10% more
Mahindra Finance Business Manager Salary 3 - 10 years exp. (21 salaries)	₹2.5 L/yr - ₹10.8 L/yr 32% more
IIFL Finance Business Manager Salary 1 - 4 years exp. (5 salaries)	₹5.5 L/yr - ₹7 L/yr 40% more
Bharat Financial Inclusion Business Manager Salary 0 - 24 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 46% less
Tata Capital Business Manager Salary 1 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹6.2 L/yr 24% more
Piramal Capital Housing Finance Business Manager Salary 3 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹8.9 L/yr 8% more
SMFG India Credit Business Manager Salary 1 - 8 years exp. (4 salaries)	₹6 L/yr - ₹26.2 L/yr 253% more
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Muthoot Fincorp Business Manager Salary 6 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹8 L/yr 24% more
TVS Credit Business Manager Salary 10 - 14 years exp. (3 salaries)	₹3 L/yr - ₹5.8 L/yr 3% less
HDB Financial Services Business Manager Salary 2 - 16 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr 8% less

Business Manager salary at IIFL SAMASTA ranges between ₹2.2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of IIFL SAMASTA.

Experience wise IIFL SAMASTA Business Manager salaries

Last Updated: 10 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in IIFL SAMASTA

Branch Manager Salary

(186 salaries)

₹2 L/yr - ₹7 L/yr

Sales Manager Salary

(10 salaries)

₹2.55 L/yr - ₹4.5 L/yr

Regional Manager Salary

(6 salaries)

₹6.7 L/yr - ₹14 L/yr

Area Manager Salary

(57 salaries)

₹3.5 L/yr - ₹6.3 L/yr

Deputy Manager Salary

(45 salaries)

₹3.72 L/yr - ₹9 L/yr

Territory Manager Salary

(4 salaries)

₹4 L/yr - ₹6.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹4.95 L/yr - ₹6 L/yr

Relationship Manager Salary

(104 salaries)

₹1.95 L/yr - ₹4.51 L/yr

Sales Officer Salary

(7 salaries)

₹1.55 L/yr - ₹2.5 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Salary related reviews for IIFL SAMASTA

Area Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Dec 2018

2.0

for Salary and Benefits

Likes

Salary and incentives

Dislikes

Samasta will bridge the gap between ambition and achievement of the working poor across India, by providing financial and non financial services, in a sustainable long term relationship to enable them to achieve a better quality of life.

Salary - Poor

+4 more

Branch Manager (working remotely)

Full Time

Sales Department

1.0

• posted on 26 Dec 2022

1.0

for Salary and Benefits

Likes

...about. The worst place to work. After getting offer letter confirm your net pay. Because there is deduction only from your salary. You will never get what was offered to you. There is no management no proper hr team. There is no leaves, even if you are getting married or you met with accident.

Dislikes

Can't explain. I will need months to explain. It will never end.

Salary - Bad

+6 more

Branch Manager in Kumbakonam . Thiruvarur Mailaduthurai

Branch manager collection Department

4.0

• posted on 14 May 2021

3.0

for Salary and Benefits

Likes

Very best company.and company policy very sopper I am working this company I understand over all knowledge

Skill development - Good

+5 more

Dislikes

I am working 4 years 8 month in mahindra rural housing finance my salary. 16 teen thousand rupees and aloans monthly 6000 thousand

Area Manager in Siliguri

Business Department

4.0

• posted on 05 Oct 2019

3.0

for Salary and Benefits

Likes

Very few Microfinance companies have a 5 working day policy, but Samasta Microfinance Ltd. does. The company policies in general are employee favouring.

Skill development - Good

+4 more

Dislikes

The compensation policy in my opinion could still be made better.

Branch Credit Manager in Kavali

Full Time

Finance & Accounting Department

3.0

• posted on 24 Dec 2024

4.0

for Salary and Benefits

Likes

On time salary

Salary - Good

+1 more

Dislikes

Actual time is 9.30 to 5.30 but in reality we work 6.30 to 7.00 sometime 8:30pm. No respect for women employee. Sometime BM force to deviate the work if we said no for it bm will targets employee. Today i resign because of that type of manager.

Promotions - Bad

+1 more

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What people are saying about IIFL SAMASTA

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an application support associate

Need advice

Hi, I have been working in an organisation(bangalore )from june 2023 to as of now as application support, now am thinking of switching job because of toxic culture, no skills improvement and unsatisfied salary with 6day working, at the same Time am fearing/nervous what if not getting job after resign. Any suggestions?

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IIFL SAMASTA Business Manager Salary FAQs

How the salary growth look like for a Business Manager at IIFL SAMASTA in India?

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

Experience	Average Salary Range
1 year	₹8.3 Lakhs to ₹10.6 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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IIFL SAMASTA Business Manager Salaries

IIFL SAMASTA Business Manager salary in India ranges between ₹2.2 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IIFL SAMASTA latest salaries received from various employees of IIFL SAMASTA.