IIFL SAMASTA Bhubaneswar Divisional Manager Salaries by 10 Employees (Updated 2024)

1 - 5 years exp.

₹7 Lakhs - ₹11.3 Lakhs

Salary of majority employees

47% less than the average Divisional Manager Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Divisional Manager Salary 1 - 5 years exp. (5 salaries)	₹7.9 L/yr - ₹11.3 L/yr
Sales & Business Development Divisional Manager Salary 1 - 5 years exp. (3 salaries)	₹7 L/yr - ₹8.5 L/yr
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Strategic & Top Management Divisional Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹8.2 L/yr

Last Updated: 10 Jan 2024

Companies similar to IIFL SAMASTA for Divisional Manager in Bhubaneswar

IIFL SAMASTA Divisional Manager Salary

1 - 5 years exp. (10 salaries)

₹7 L/yr - ₹11.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Divisional Manager Salary 10 - 22 years exp. (16 salaries)	₹10 L/yr - ₹24.8 L/yr 81% more	1 job opening
Bharat Financial Inclusion Divisional Manager Salary 0 - 16 years exp. (5 salaries)	₹6.8 L/yr - ₹11 L/yr 15% more
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Tata Steel Divisional Manager Salary 12 - 21 years exp. (4 salaries)	₹15 L/yr - ₹20 L/yr 141% more
Canara Bank Divisional Manager Salary 11 - 15 years exp. (3 salaries)	₹17.8 L/yr - ₹24.5 L/yr 216% more
Bandhan Bank Divisional Manager Salary 5 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹9.4 L/yr At par

Divisional Manager salary at IIFL SAMASTA ranges between ₹7 Lakhs to ₹11.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 10 latest salaries received from various employees of IIFL SAMASTA.

Experience wise IIFL SAMASTA Divisional Manager salaries in Bhubaneswar

Last Updated: 10 Jan 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹3.1 L/yr - ₹8.2 L/yr
2 years (3 salaries)	₹3.1 L/yr - ₹8.3 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹9.1 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.5 L/yr
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹11.3 L/yr

Salary related reviews for IIFL SAMASTA

1.0

Rated by 1 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 Bhubaneswar?

Divisional Manager salary at IIFL SAMASTA in Bhubaneswar ranges between ₹7.0 Lakhs to ₹11.3 Lakhs for experience between 1 years to 5 years. According to our estimates it is 47% less than the average Divisional Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of IIFL SAMASTA Bhubaneswar.

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

The average salary of a Divisional Manager at IIFL SAMASTA is 47% less than the average salary of a Divisional Manager in Bhubaneswar. To know exact salary insights, login to view.

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

Canara Bank Divisional Manager Salary - ₹17.8 Lakhs to ₹24.5 Lakhs per year
Tata Steel Divisional Manager Salary - ₹15.0 Lakhs to ₹20.0 Lakhs per year
Mahindra Finance Divisional Manager Salary - ₹10.0 Lakhs to ₹24.8 Lakhs per year
Bharat Financial Inclusion Divisional Manager Salary - ₹6.8 Lakhs to ₹11.0 Lakhs per year

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

Bandhan Bank Divisional Manager Salary - ₹7.5 Lakhs to ₹9.4 Lakhs per year

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

The estimated take-home salary of a Divisional Manager at IIFL SAMASTA ranges between ₹57,032 per month to ₹58,465 per month in Bhubaneswar. The take-home salary calculation is based on the average IIFL SAMASTA Divisional Manager salary in India which ranges between ₹7.0 Lakhs to ₹11.3 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the IIFL SAMASTA Divisional Managers in Bhubaneswar reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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IIFL SAMASTA Divisional Manager Salaries in Bhubaneswar

IIFL SAMASTA Divisional Manager salary in Bhubaneswar ranges between ₹7 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 IIFL SAMASTA latest salaries received from various employees of IIFL SAMASTA.