IIFL Securities Mumbai Application Support Engineer Salaries by 6 Employees (Updated 2025)

2 - 6 years exp.

₹3.5 Lakhs - ₹6.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% more than the average Application Support Engineer Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

IT & Information Security Application Support Engineer Salary 3 - 5 years exp. (4 salaries)	₹4.2 L/yr - ₹6.8 L/yr
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Engineering - Software & QA Application Support Engineer Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹6 L/yr

Last Updated: 23 Jan 2025

Companies similar to IIFL Securities for Application Support Engineer in Mumbai

IIFL Securities Application Support Engineer Salary

2 - 6 years exp. (6 salaries)

₹3.5 L/yr - ₹6.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Application Support Engineer Salary 0 - 5 years exp. (9 salaries)	₹3 L/yr - ₹7 L/yr 21% less
Sharekhan Application Support Engineer Salary 2 - 4 years exp. (6 salaries)	₹2 L/yr - ₹4.7 L/yr 25% less
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ICICI Prudential Mutual Fund Application Support Engineer Salary 3 - 8 years exp. (6 salaries)	₹4.3 L/yr - ₹7 L/yr 39% more
JM Financial Application Support Engineer Salary 1 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹4.8 L/yr 28% less
Edelweiss Application Support Engineer Salary 2 - 11 years exp. (4 salaries)	₹3 L/yr - ₹8 L/yr 1% more
National Stock Exchange of India Application Support Engineer Salary 1 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹7.5 L/yr 13% more

Application Support Engineer salary at IIFL Securities ranges between ₹3.5 Lakhs to ₹6.8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of IIFL Securities.

Experience wise IIFL Securities Application Support Engineer salaries in Mumbai

Last Updated: 23 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in IIFL Securities

Softwaretest Engineer Salary

(5 salaries)

₹4.6 L/yr - ₹12.3 L/yr

Product Owner Salary

(4 salaries)

₹8.7 L/yr - ₹10.9 L/yr

Technical Lead Salary

(4 salaries)

₹13.4 L/yr - ₹35 L/yr

Salary related reviews for IIFL Securities

2.0

Rated by 1 employees for salary & benefits

Senior Relationship Manager in Thane

BFSI, Investments & Trading Department

4.0

• posted on 25 Apr 2022

3.0

for Salary and Benefits

Likes

There is no job security, work culture is good, The company management are not that bad & The policies quite strict.

Dislikes

The salary deduction is too high, Not giving the good appraisal & there is no growth in carrer

Branch Development Manager Service in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 30 Jun 2022

3.0

for Salary and Benefits

Likes

Time Vertical work it's good no time limit to spend time to office salary it's good other work it's very bad experience no growth process is very lengthy manegement very slow working

Skill development - Good

+1 more

Dislikes

Over all its great work in office good salary nice place learning it's good bud no opportunity your growth your carrier and email response it's very lengthy manegement and services

Promotions - Poor

+1 more

Customer Relationship Manager in Bangalore / Bengaluru

Other Department

1.0

• posted on 04 Feb 2022

5.0

for Salary and Benefits

Likes

Work from home and comfortable

Salary - Excellent

Dislikes

Not received salary on time after leaving company and reliving letter still not received and they are least bothered to respond for the delay. And they were not providing weekoff sometimes and pressuring us on target working overtime from 9 am to 8pm

Skill development - Poor

+4 more

Senior Executive As Team Lead .. Chat Process..non-voice in Secretariat, Hyderabad

Engineering - Software & QA Department

5.0

• posted on 12 May 2021

3.0

for Salary and Benefits

Likes

Job security is depending upon our efforts and have to maintain some rules and regulations it's all about job security. And company is nothing but it's good environmental and encouragement is very well..

Dislikes

Comming to dislikes that ... salary is issue is their and .. without any intematinon they will exit us..no offer letter ..it's totally.it's all about dislikes..

Job security - Bad

+3 more

Relationship Manager in Indore

Customer Relationship Department

3.0

• posted on 22 Feb 2021

2.0

for Salary and Benefits

Likes

Satisfaction

Promotions - Good

+1 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Salary - Poor

+4 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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IIFL Securities Application Support Engineer Salary FAQs

What is the salary of Application Support Engineer at IIFL Securities in Mumbai?

The average salary of a Application Support Engineer at IIFL Securities in Mumbai typically ranges from ₹3.5 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Application Support Engineer in Mumbai at IIFL Securities earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Application Support Engineer Salaries at IIFL Securities 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 6 IIFL Securities employees in India.

What is the estimated take home salary of a Application Support Engineer at IIFL Securities in Mumbai?

The estimated take-home salary of a Application Support Engineer at IIFL Securities in Mumbai typically ranges from ₹37,096 to ₹38,304 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 2 years to 6 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 6 salaries received from various employees of IIFL Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIFL Securities for Application Support Engineer in India?

ICICI Prudential Mutual Fund	₹4.3 Lakhs to ₹7.0 Lakhs per year
National Stock Exchange of India	₹3.5 Lakhs to ₹7.5 Lakhs per year
Edelweiss	₹3.0 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIFL Securities, depending on the role and experience level.

What is the salary of a Application Support Engineer in companies similar to IIFL Securities in Mumbai?

The salary of a Application Support Engineer at companies similar to IIFL Securities in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Securities	₹3.0 Lakhs to ₹7.0 Lakhs per year
Sharekhan	₹2.0 Lakhs to ₹4.7 Lakhs per year
JM Financial	₹2.2 Lakhs to ₹4.8 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 Application Support Engineer at IIFL Securities in Mumbai?

The salary growth for a Application Support Engineer at IIFL Securities in Mumbai depends on factors such as experience, performance, and promotions. On average, a Application Support Engineer in Mumbai can expect the following growth trajectory at IIFL Securities:

Experience	Average Salary Range
2 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.0 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.6 Lakhs per year

and so on.

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IIFL Securities Application Support Engineer Salaries in Mumbai

IIFL Securities Application Support Engineer salary in Mumbai ranges between ₹3.5 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IIFL Securities latest salaries received from various employees of IIFL Securities.