IIFL SAMASTA Divisional Manager Salaries by 70+ Employees (Updated 2024)

0 - 13 years exp.

₹5 Lakhs - ₹11.4 Lakhs

Salary of majority employees

56% less than the average Divisional Manager Salary in NBFC Companies for 0 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Divisional Manager Salary 0 - 12 years exp. (31 salaries)	₹6 L/yr - ₹11.4 L/yr
Sales & Business Development Divisional Manager Salary 0 - 13 years exp. (16 salaries)	₹6.4 L/yr - ₹9.1 L/yr
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Marketing & Communication Divisional Manager Salary 0 - 3 years exp. (5 salaries)	₹6 L/yr - ₹9.1 L/yr
Data Science & Analytics Divisional Manager Salary 1 - 3 years exp. (3 salaries)	₹7.5 L/yr - ₹8 L/yr
Strategic & Top Management Divisional Manager Salary 1 - 3 years exp. (3 salaries)	₹8.1 L/yr - ₹9.1 L/yr

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Last Updated: 16 Dec 2024

Companies similar to IIFL SAMASTA for Divisional Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Divisional Manager Salary 3 - 8 years exp. (4 salaries)	₹2 L/yr - ₹9.2 L/yr 44% less
Kotak Mahindra Bank Divisional Manager Salary 6 - 21 years exp. (3 salaries)	₹6.2 L/yr - ₹23 L/yr 102% more
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ICICI Bank Divisional Manager Salary 4 - 16 years exp. (3 salaries)	₹7.2 L/yr - ₹24 L/yr 124% more
Mahindra Finance Divisional Manager Salary 10 - 24 years exp. (212 salaries)	₹9.5 L/yr - ₹29.4 L/yr 146% more	1 job opening
Bharat Financial Inclusion Divisional Manager Salary 0 - 17 years exp. (162 salaries)	₹5.1 L/yr - ₹15.2 L/yr 20% more
Shriram Finance Divisional Manager Salary 6 - 16 years exp. (31 salaries)	₹2.5 L/yr - ₹8 L/yr 27% less
L&T Finance Divisional Manager Salary 1 - 16 years exp. (7 salaries)	₹6.4 L/yr - ₹15.7 L/yr 73% more
IIFL Finance Divisional Manager Salary 5 - 11 years exp. (7 salaries)	₹3.5 L/yr - ₹8.5 L/yr 32% less
Muthoot Fincorp Divisional Manager Salary 2 - 12 years exp. (5 salaries)	₹3.6 L/yr - ₹8.7 L/yr 34% less

Divisional Manager salary at IIFL SAMASTA ranges between ₹5 Lakhs to ₹11.4 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 79 latest salaries received from various employees of IIFL SAMASTA.

Experience wise IIFL SAMASTA Divisional Manager salaries

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹6 L/yr - ₹7.7 L/yr
1 year (24 salaries)	₹5 L/yr - ₹8.4 L/yr
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2 years (18 salaries)	₹7 L/yr - ₹9.1 L/yr
3 years (9 salaries)	₹3 L/yr - ₹11.4 L/yr
4 years (3 salaries)	₹7 L/yr - ₹8.5 L/yr
5 years (5 salaries)	₹6 L/yr - ₹11.3 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.7 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.7 L/yr
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹13.7 L/yr
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
11 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
12 years (3 salaries)	₹7.5 L/yr - ₹8.6 L/yr
13 years (4 salaries)	₹7.2 L/yr - ₹8 L/yr

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Similar Designation salaries in IIFL SAMASTA

Regional Manager Salary

(6 salaries)

₹6.7 L/yr - ₹11.4 L/yr

Business Manager Salary

(3 salaries)

₹2.2 L/yr - ₹9.2 L/yr

Branch Manager Salary

(135 salaries)

₹1.95 L/yr - ₹5.4 L/yr

Area Manager Salary

(42 salaries)

₹3.5 L/yr - ₹6.3 L/yr

Relationship Manager Salary

(101 salaries)

₹1.95 L/yr - ₹4.2 L/yr

Deputy Manager Salary

(44 salaries)

₹3.72 L/yr - ₹9 L/yr

Territory Manager Salary

(4 salaries)

₹4 L/yr - ₹6.5 L/yr

Sales Manager Salary

(10 salaries)

₹2.55 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹4.95 L/yr - ₹6 L/yr

Sales Officer Salary

(9 salaries)

₹1.55 L/yr - ₹2.75 L/yr

Salary related reviews for IIFL SAMASTA

3.7

Rated by 15 employees for salary & benefits

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.

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.

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

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.

Dislikes

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

Assistant Branch Manager in Tirupathur

Full Time

Sales & Business Development Department

2.0

• posted on 26 Sep 2024

4.0

for Salary and Benefits

Likes

Am working well for feel good , Time to time salary benifit and etc al so provide properly on company.

Dislikes

Next level position employe conversation is not good , evening time not finished work stay at office

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IIFL SAMASTA Divisional Manager Salary FAQs

What is the salary of Divisional Manager at IIFL SAMASTA?

Divisional Manager salary at IIFL SAMASTA in India ranges between ₹5.0 Lakhs to ₹11.4 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 56% less than the average Divisional Manager Salary in India. Salary estimates are based on 79 latest salaries received from various employees of IIFL SAMASTA India.

How does the salary of a Divisional Manager at IIFL SAMASTA India compare with the average salary range for this job?

The average salary of a Divisional Manager at IIFL SAMASTA is 56% less than the average salary of a Divisional Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IIFL SAMASTA to a Divisional Manager in India?

Mahindra Finance Divisional Manager Salary - ₹9.5 Lakhs to ₹29.4 Lakhs per year
ICICI Bank Divisional Manager Salary - ₹7.2 Lakhs to ₹24.0 Lakhs per year
Kotak Mahindra Bank Divisional Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
L&T Finance Divisional Manager Salary - ₹6.4 Lakhs to ₹15.7 Lakhs per year
Bharat Financial Inclusion Divisional Manager Salary - ₹5.1 Lakhs to ₹15.2 Lakhs per year

What is the salary of a Divisional Manager in companies similar to IIFL SAMASTA in India?

Shriram Finance Divisional Manager Salary - ₹2.5 Lakhs to ₹8.0 Lakhs per year
IIFL Finance Divisional Manager Salary - ₹3.5 Lakhs to ₹8.5 Lakhs per year
Muthoot Fincorp Divisional Manager Salary - ₹3.6 Lakhs to ₹8.7 Lakhs per year
HDFC Bank Divisional Manager Salary - ₹2.0 Lakhs to ₹9.2 Lakhs per year

What is the estimated take home salary of a Divisional Manager at IIFL SAMASTA in India?

The estimated take-home salary of a Divisional Manager at IIFL SAMASTA ranges between ₹56,489 per month to ₹57,906 per month in India. The take-home salary calculation is based on the average IIFL SAMASTA Divisional Manager salary in India which ranges between ₹5.0 Lakhs to ₹11.4 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

What is the notice period for Divisional Manager at IIFL SAMASTA?

According to AmbitionBox, 64% of the IIFL SAMASTA Divisional Managers reported a notice period of 3 Months, 18% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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IIFL SAMASTA Divisional Manager Salaries

IIFL SAMASTA Divisional Manager salary in India ranges between ₹5 Lakhs to ₹11.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 79 IIFL SAMASTA latest salaries received from various employees of IIFL SAMASTA.