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IIFL SAMASTA Divisional Manager salaries in Bangalore / Bengaluru

Annual salary range
1 - 3 years exp.
₹7 Lakhs - ₹9.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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56% less than the average Divisional Manager Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

Marketing & Communication
Divisional Manager Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹8.3 L/yr

Data Science & Analytics
Divisional Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹7.9 L/yr

Sales & Business Development
Divisional Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.1 L/yr

Last Updated: 10 Jan 2024

Companies similar to IIFL SAMASTA for Divisional Manager in Bangalore / Bengaluru

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IIFL SAMASTA Divisional Manager Salary

1 - 3 years exp. (4 salaries)

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₹7 L/yr - ₹9.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹7.5 L/yr - ₹13.3 L/yr

arrow icon 20% more
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IIFL Finance Divisional Manager Salary

5 - 11 years exp. (5 salaries)

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₹5 L/yr - ₹8.5 L/yr

arrow icon 29% less
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Mahindra Finance Divisional Manager Salary

15 - 24 years exp. (5 salaries)

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₹12.7 L/yr - ₹23.5 L/yr

arrow icon 134% more
1 job opening
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AU Small Finance Bank Divisional Manager Salary

5 - 14 years exp. (35 salaries)

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₹6 L/yr - ₹13.2 L/yr

arrow icon 33% more
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Canara Bank Divisional Manager Salary

10 - 18 years exp. (27 salaries)

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₹15 L/yr - ₹42 L/yr

arrow icon 257% more
Divisional Manager salary at IIFL SAMASTA ranges between ₹7 Lakhs to ₹9.1 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL SAMASTA.

Latest annual salaries shared by IIFL SAMASTA Divisional Manager in Bangalore / Bengaluru

1y ago
₹8 Lakhs
3 years exp.
1y ago
₹9.1 Lakhs
2 years exp.
1y ago
₹7.7 Lakhs
3 years exp.
1y ago
₹7 Lakhs
1 year exp.

Experience wise IIFL SAMASTA Divisional Manager salaries in Bangalore / Bengaluru

Last Updated: 10 Jan 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
2 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.1 L/yr
3 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr

Similar Designation salaries in IIFL SAMASTA

Deputy Manager Salary
(29 salaries)
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₹4.44 L/yr - ₹9 L/yr
Branch Manager Salary
(4 salaries)
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₹2.8 L/yr - ₹5.5 L/yr
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₹2.15 L/yr - ₹3.15 L/yr

Salary related reviews for IIFL SAMASTA

4.1

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +4 more

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.

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Dislikes

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

  • Salary - Bad
  • +6 more

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

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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.

read more
  • Skill development - Good
  • +4 more

Dislikes

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

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.

read more
  • Promotions - Bad
  • +1 more
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IIFL SAMASTA Divisional Manager Salary FAQs

What is the salary of Divisional Manager at IIFL SAMASTA in Bangalore / Bengaluru?
The average salary of a Divisional Manager at IIFL SAMASTA in Bangalore / Bengaluru typically ranges from ₹7.0 Lakhs to ₹9.1 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Divisional Manager in Bangalore / Bengaluru at IIFL SAMASTA earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹9.1 Lakhs per year. Divisional Manager Salaries at IIFL SAMASTA 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 4 IIFL SAMASTA employees in India.
What is the estimated take home salary of a Divisional Manager at IIFL SAMASTA in Bangalore / Bengaluru?
The estimated take-home salary of a Divisional Manager at IIFL SAMASTA in Bangalore / Bengaluru typically ranges from ₹58,129 to ₹59,593 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹9.1 Lakhs per year for employees with experience ranging from 1 year to 3 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 4 salaries received from various employees of IIFL SAMASTA. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IIFL SAMASTA for Divisional Manager in India?
Canara Bank ₹15.0 Lakhs to ₹42.0 Lakhs per year
Mahindra Finance ₹12.7 Lakhs to ₹23.5 Lakhs per year
AU Small Finance Bank ₹6.0 Lakhs to ₹13.2 Lakhs per year
Bharat Financial Inclusion ₹7.5 Lakhs to ₹13.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIFL SAMASTA, depending on the role and experience level.
What is the salary of a Divisional Manager in companies similar to IIFL SAMASTA in Bangalore / Bengaluru?
The salary of a Divisional Manager at companies similar to IIFL SAMASTA in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance ₹5.0 Lakhs to ₹8.5 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 Divisional Manager at IIFL SAMASTA in Bangalore / Bengaluru?
The salary growth for a Divisional Manager at IIFL SAMASTA in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Divisional Manager in Bangalore / Bengaluru can expect the following growth trajectory at IIFL SAMASTA:

Experience Average Salary Range
1 year ₹7.2 Lakhs to ₹9.2 Lakhs per year
2 years ₹7.2 Lakhs to ₹9.1 Lakhs per year
3 years ₹7.1 Lakhs to ₹9.1 Lakhs per year
and so on.

Tell us how to improve this page.

IIFL SAMASTA Divisional Manager salary in Bangalore / Bengaluru ranges between ₹7 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IIFL SAMASTA latest salaries received from various employees of IIFL SAMASTA.