IIFL Securities Mumbai Sales Manager Salaries by 7 Employees

3 - 10 years exp.

₹3.1 Lakhs - ₹5.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% less than the average Sales Manager Salary in Financial Services Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 7 - 10 years exp. (3 salaries)	₹3.9 L/yr - ₹4.7 L/yr
Procurement & Supply Chain Sales Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.4 L/yr
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Customer Success, Service & Operations Sales Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
Sales & Business Development Sales Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr

Last Updated: 6 Aug 2024

Companies similar to IIFL Securities for Sales Manager in Mumbai

IIFL Securities Sales Manager Salary

3 - 10 years exp. (7 salaries)

₹3.1 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Home Finance Sales Manager Salary 0 - 8 years exp. (102 salaries)	₹2 L/yr - ₹5.2 L/yr 6% less	2 job openings
Edelweiss Sales Manager Salary 3 - 13 years exp. (20 salaries)	₹4.4 L/yr - ₹10.5 L/yr 88% more
Login to view exact salary
JM Financial Sales Manager Salary 1 - 10 years exp. (17 salaries)	₹4 L/yr - ₹7 L/yr 31% more
Pine Labs Sales Manager Salary 4 - 11 years exp. (15 salaries)	₹3 L/yr - ₹13.8 L/yr 103% more
Aadhar Housing Finance Sales Manager Salary 3 - 9 years exp. (9 salaries)	₹3.5 L/yr - ₹5.3 L/yr 7% more	1 job opening
SBI Cards & Payment Services Sales Manager Salary 1 - 6 years exp. (7 salaries)	₹2 L/yr - ₹6.6 L/yr 15% less
Sharekhan Sales Manager Salary 11 - 14 years exp. (3 salaries)	₹5.2 L/yr - ₹7 L/yr 39% more

Sales Manager salary at IIFL Securities ranges between ₹3.1 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of IIFL Securities.

Experience wise IIFL Securities Sales Manager salaries in Mumbai

Last Updated: 6 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

View all

Similar Designation salaries in IIFL Securities

Relationship Manager Salary

(133 salaries)

₹1.75 L/yr - ₹5 L/yr

Deputy Manager Salary

(18 salaries)

₹4.2 L/yr - ₹8.5 L/yr

Business Development Manager Salary

(8 salaries)

₹2.25 L/yr - ₹5 L/yr

Team Lead Salary

(6 salaries)

₹3.8 L/yr - ₹5.95 L/yr

Sales Executive Salary

(3 salaries)

₹2 L/yr - ₹2.95 L/yr

Salary related reviews for IIFL Securities

3.0

Rated by 1 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

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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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IIFL Securities Sales Manager Salary FAQs

What is the salary of Sales Manager at IIFL Securities in Mumbai?

The average salary of a Sales Manager at IIFL Securities in Mumbai typically ranges from ₹3.1 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Sales Manager in Mumbai at IIFL Securities earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Sales Manager 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 7 IIFL Securities employees in India.

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

The estimated take-home salary of a Sales Manager at IIFL Securities in Mumbai typically ranges from ₹28,837 to ₹30,218 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 3 years to 10 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 7 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 Sales Manager in India?

Pine Labs	₹3.0 Lakhs to ₹13.8 Lakhs per year
Edelweiss	₹4.4 Lakhs to ₹10.5 Lakhs per year
Sharekhan	₹5.2 Lakhs to ₹7.0 Lakhs per year
JM Financial	₹4.0 Lakhs to ₹7.0 Lakhs per year
Aadhar Housing Finance	₹3.5 Lakhs to ₹5.3 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 Sales Manager in companies similar to IIFL Securities in Mumbai?

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

ICICI Home Finance	₹2.0 Lakhs to ₹5.2 Lakhs per year
SBI Cards & Payment Services	₹2.0 Lakhs to ₹6.6 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 Sales Manager at IIFL Securities in Mumbai?

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

Experience	Average Salary Range
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
6 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

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IIFL Securities Sales Manager Salaries in Mumbai

IIFL Securities Sales Manager salary in Mumbai ranges between ₹3.1 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IIFL Securities latest salaries received from various employees of IIFL Securities.