IIFL Securities Sales Manager Salaries by 10+ Employees (Updated 2024)

2 - 10 years exp.

₹2.4 Lakhs - ₹5.4 Lakhs

Salary of majority employees

45% less than the average Sales Manager Salary in Financial Services Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 5 - 10 years exp. (5 salaries)	₹3.9 L/yr - ₹5 L/yr
Customer Success, Service & Operations Sales Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.5 L/yr
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Sales & Business Development Sales Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.4 L/yr
Procurement & Supply Chain Sales Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr

Last Updated: 29 Sep 2024

Companies similar to IIFL Securities for Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Sales Manager Salary 2 - 7 years exp. (13 salaries)	₹2 L/yr - ₹6.2 L/yr 15% more
Kotak Securities Sales Manager Salary 3 - 12 years exp. (20 salaries)	₹2.2 L/yr - ₹6 L/yr 4% more
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Sharekhan Sales Manager Salary 1 - 16 years exp. (12 salaries)	₹2 L/yr - ₹9.9 L/yr 37% more
Angel One Sales Manager Salary 2 - 10 years exp. (66 salaries)	₹1.8 L/yr - ₹6 L/yr 4% less
ICICI Direct Sales Manager Salary 0 - 5 years exp. (65 salaries)	₹1.6 L/yr - ₹4.2 L/yr 25% less
Motilal Oswal Securities Sales Manager Salary 5 - 13 years exp. (3 salaries)	₹3.6 L/yr - ₹6.2 L/yr 22% more
Edelweiss Sales Manager Salary 2 - 12 years exp. (100 salaries)	₹3 L/yr - ₹10.5 L/yr 55% more
Axis Direct Sales Manager Salary 0 - 12 years exp. (28 salaries)	₹1.5 L/yr - ₹6 L/yr 6% more
Karvy Stock Broking Sales Manager Salary 1 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹4.2 L/yr 4% more
ICICI Home Finance Sales Manager Salary 0 - 9 years exp. (568 salaries)	₹2 L/yr - ₹5 L/yr 5% less	21 job openings
Aadhar Housing Finance Sales Manager Salary 0 - 10 years exp. (171 salaries)	₹2.2 L/yr - ₹5.3 L/yr 4% more
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SBI Cards & Payment Services Sales Manager Salary 1 - 9 years exp. (69 salaries)	₹1.6 L/yr - ₹7.7 L/yr 5% less
JM Financial Sales Manager Salary 3 - 12 years exp. (57 salaries)	₹3 L/yr - ₹7 L/yr 30% more
Bajaj Capital Sales Manager Salary 2 - 8 years exp. (13 salaries)	₹2.1 L/yr - ₹4.9 L/yr 10% less
ICICI Prudential Mutual Fund Sales Manager Salary 3 - 7 years exp. (6 salaries)	₹4.8 L/yr - ₹11.2 L/yr 61% more
Apex Group Sales Manager Salary 8 - 15 years exp. (5 salaries)	₹5.8 L/yr - ₹8.4 L/yr 84% more
Franklin Templeton Investments Sales Manager Salary 5 - 18 years exp. (4 salaries)	₹12 L/yr - ₹26.3 L/yr 334% more
Morningstar Sales Manager Salary 1 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr 24% less

Sales Manager salary at IIFL Securities ranges between ₹2.4 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 11 latest salaries received from various employees of IIFL Securities.

Experience wise IIFL Securities Sales Manager salaries

Last Updated: 29 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr
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4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
7 years (4 salaries)	₹3.1 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5.4 L/yr

View all

Similar Designation salaries in IIFL Securities

Area Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Branch Manager Salary

(10 salaries)

₹3.6 L/yr - ₹6 L/yr

Sales Officer Salary

(3 salaries)

₹1.7 L/yr - ₹2.2 L/yr

Deputy Manager Salary

(52 salaries)

₹3.7 L/yr - ₹8.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Sales Executive Salary

(11 salaries)

₹1.6 L/yr - ₹3.5 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Relationship Manager Salary

(353 salaries)

₹1.55 L/yr - ₹6 L/yr

Team Lead Salary

(13 salaries)

₹2.05 L/yr - ₹5.95 L/yr

Business Development Manager Salary

(45 salaries)

₹2.6 L/yr - ₹6 L/yr

Salary related reviews for IIFL Securities

4.9

Rated by 4 employees for salary & benefits

Relationship Manager in Indore

Customer Relationship Department

3.0

• posted on 22 Feb 2021

2.0

for Salary and Benefits

Likes

Satisfaction

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.

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

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

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

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

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..

see more salary related reviews

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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 Securities Sales Manager Salary FAQs

What is the salary of Sales Manager at IIFL Securities?

Sales Manager salary at IIFL Securities in India ranges between ₹2.4 Lakhs to ₹5.4 Lakhs for experience between 2 years to 10 years. According to our estimates it is 45% less than the average Sales Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of IIFL Securities India.

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

The average salary of a Sales Manager at IIFL Securities is 45% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IIFL Securities to a Sales Manager in India?

Franklin Templeton Investments Sales Manager Salary - ₹12.0 Lakhs to ₹26.3 Lakhs per year
Apex Group Sales Manager Salary - ₹5.8 Lakhs to ₹8.4 Lakhs per year
ICICI Prudential Mutual Fund Sales Manager Salary - ₹4.8 Lakhs to ₹11.2 Lakhs per year
Edelweiss Sales Manager Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
Sharekhan Sales Manager Salary - ₹2.0 Lakhs to ₹9.9 Lakhs per year

What is the salary of a Sales Manager in companies similar to IIFL Securities in India?

JM Financial Sales Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Motilal Oswal Securities Sales Manager Salary - ₹3.6 Lakhs to ₹6.2 Lakhs per year
HDFC Securities Sales Manager Salary - ₹2.0 Lakhs to ₹6.2 Lakhs per year
Axis Direct Sales Manager Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year
Karvy Stock Broking Sales Manager Salary - ₹2.4 Lakhs to ₹4.2 Lakhs per year

What is the estimated take home salary of a Sales Manager at IIFL Securities in India?

The estimated take-home salary of a Sales Manager at IIFL Securities ranges between ₹28,460 per month to ₹29,847 per month in India. The take-home salary calculation is based on the average IIFL Securities Sales Manager salary in India which ranges between ₹2.4 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager at IIFL Securities?

According to AmbitionBox, 50% of the IIFL Securities Sales Managers reported a notice period of 1 Month, 40% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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IIFL Securities Sales Manager Salaries

IIFL Securities Sales Manager salary in India ranges between ₹2.4 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 IIFL Securities latest salaries received from various employees of IIFL Securities.