IIFL SAMASTA Manager M1 Salaries by 4 Employees (Updated 2025)

6 - 8 years exp.

₹5.8 Lakhs - ₹8.7 Lakhs

Salary of majority employees

37% less than the average Manager M1 Salary in NBFC Companies for 6 - 8 years of experience

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Salaries in different departments

Risk Management & Compliance Manager M1 Salary 6 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹8.7 L/yr
Sales & Business Development Manager M1 Salary 8 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.4 L/yr
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Teaching & Training Manager M1 Salary 8 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.8 L/yr

Last Updated: 21 Nov 2024

Companies similar to IIFL SAMASTA for Manager M1

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Manager M1 Salary 8 - 16 years exp. (6 salaries)	₹8.5 L/yr - ₹9.4 L/yr 21% more
Kotak Securities Manager M1 Salary 2 - 12 years exp. (5 salaries)	₹5.9 L/yr - ₹8 L/yr 1% less
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ICICI Securities Manager M1 Salary 0 - 11 years exp. (79 salaries)	₹4.3 L/yr - ₹9.5 L/yr 11% less
Angel One Manager M1 Salary 10 - 12 years exp. (3 salaries)	₹5.2 L/yr - ₹6 L/yr 21% less
Motilal Oswal Financial Services Manager M1 Salary 4 - 6 years exp. (5 salaries)	₹4.7 L/yr - ₹7.7 L/yr 3% less
Axis Direct Manager M1 Salary 2 - 20 years exp. (4 salaries)	₹6.4 L/yr - ₹13 L/yr 29% more
SMFG India Credit Manager M1 Salary 2 - 16 years exp. (21 salaries)	₹6.5 L/yr - ₹15 L/yr 42% more
Muthoot Finance Manager M1 Salary 6 - 12 years exp. (6 salaries)	₹3.9 L/yr - ₹8.5 L/yr 20% less
Muthoot Fincorp Manager M1 Salary 9 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹7 L/yr 24% less
Mahindra Finance Manager M1 Salary 13 - 17 years exp. (4 salaries)	₹10 L/yr - ₹14.8 L/yr 81% more
TVS Credit Manager M1 Salary 0 - 12 years exp. (4 salaries)	₹7.6 L/yr - ₹8 L/yr 8% more
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Bajaj Finance Manager M1 Salary 1 - 6 years exp. (4 salaries)	₹4 L/yr - ₹5.6 L/yr 44% less
HDB Financial Services Manager M1 Salary 10 - 22 years exp. (4 salaries)	₹5 L/yr - ₹13.5 L/yr 12% more
Bharat Financial Inclusion Manager M1 Salary 5 - 15 years exp. (3 salaries)	₹4 L/yr - ₹10 L/yr 1% more
Aavas Financiers Manager M1 Salary 1 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹9 L/yr 28% less
Tata Capital Manager M1 Salary 3 - 5 years exp. (3 salaries)	₹4.6 L/yr - ₹6 L/yr 26% less
Piramal Capital Housing Finance Manager M1 Salary 14 - 15 years exp. (3 salaries)	₹7.7 L/yr - ₹8.5 L/yr 9% more
Poonawalla Fincorp Manager M1 Salary 0 - 12 years exp. (3 salaries)	₹8.5 L/yr - ₹15.8 L/yr 80% more

Manager M1 salary at IIFL SAMASTA ranges between ₹5.8 Lakhs to ₹8.7 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL SAMASTA.

Experience wise IIFL SAMASTA Manager M1 salaries

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹8.7 L/yr
7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
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8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹6.2 L/yr

Similar Designation salaries in IIFL SAMASTA

Team Manager Salary

(3 salaries)

₹7.9 L/yr - ₹32 L/yr

Area Manager Salary

(56 salaries)

₹3.5 L/yr - ₹6.3 L/yr

Branch Manager Salary

(186 salaries)

₹1.95 L/yr - ₹6 L/yr

Deputy Manager Salary

(43 salaries)

₹3.72 L/yr - ₹9 L/yr

Cluster Manager Salary

(13 salaries)

₹3.85 L/yr - ₹10 L/yr

Operations Manager Salary

(5 salaries)

₹2.16 L/yr - ₹10.41 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Relationship Manager Salary

(104 salaries)

₹1.95 L/yr - ₹4.2 L/yr

Operations Executive Salary

(12 salaries)

₹1.9 L/yr - ₹3.36 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Salary related reviews for IIFL SAMASTA

5.0

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.

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

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.

see more salary related reviews

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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IIFL SAMASTA Manager M1 Salary FAQs

What is the salary of Manager M1 at IIFL SAMASTA?

Manager M1 salary at IIFL SAMASTA in India ranges between ₹5.8 Lakhs to ₹8.7 Lakhs for experience between 6 years to 8 years. According to our estimates it is 37% less than the average Manager M1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL SAMASTA India.

How does the salary of a Manager M1 at IIFL SAMASTA India compare with the average salary range for this job?

The average salary of a Manager M1 at IIFL SAMASTA is 37% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than IIFL SAMASTA to a Manager M1 in India?

Mahindra Finance Manager M1 Salary - ₹10.0 Lakhs to ₹14.8 Lakhs per year
Poonawalla Fincorp Manager M1 Salary - ₹8.5 Lakhs to ₹15.8 Lakhs per year
SMFG India Credit Manager M1 Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year
Axis Direct Manager M1 Salary - ₹6.4 Lakhs to ₹13.0 Lakhs per year
HDFC Securities Manager M1 Salary - ₹8.5 Lakhs to ₹9.4 Lakhs per year

What is the salary of a Manager M1 in companies similar to IIFL SAMASTA in India?

HDB Financial Services Manager M1 Salary - ₹5.0 Lakhs to ₹13.5 Lakhs per year
Piramal Capital Housing Finance Manager M1 Salary - ₹7.7 Lakhs to ₹8.5 Lakhs per year
TVS Credit Manager M1 Salary - ₹7.6 Lakhs to ₹8.0 Lakhs per year
Bharat Financial Inclusion Manager M1 Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Kotak Securities Manager M1 Salary - ₹5.9 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Manager M1 at IIFL SAMASTA in India?

The estimated take-home salary of a Manager M1 at IIFL SAMASTA ranges between ₹54,333 per month to ₹55,690 per month in India. The take-home salary calculation is based on the average IIFL SAMASTA Manager M1 salary in India which ranges between ₹5.8 Lakhs to ₹8.7 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at IIFL SAMASTA?

According to AmbitionBox, 60% of the IIFL SAMASTA Manager M1s reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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IIFL SAMASTA Manager M1 Salaries

IIFL SAMASTA Manager M1 salary in India ranges between ₹5.8 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL SAMASTA latest salaries received from various employees of IIFL SAMASTA.