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What is the salary of Financial Advisors at IL&FS Investmart?

The average annual salary for Financial Advisors at IL&FS Investmart varies based on experience:

  • Assistant Vice President (12-28 years of experience): ₹27,04,722 per year (ranging from ₹17.0L/yr to ₹28.0L/yr).
  • Deputy Manager (4-14 years of experience): ₹10,23,196 per year (ranging from ₹8.0L/yr to ₹10.3L/yr).
  • Junior Officer (3-7 years of experience): ₹3,26,250 per year (ranging from ₹3.2L/yr to ₹3.5L/yr).
PositionExperienceAverage Annual Salary (₹)Salary Range (₹)
Assistant Vice President12-28 years27,04,72217,00,000 - 28,00,000
Deputy Manager4-14 years10,23,1968,00,000 - 10,30,000
Junior Officer3-7 years3,26,2503,20,000 - 3,50,000
Administration Manager11-20 years9,90,0007,50,000 - 12,00,000
Senior Vice President22-25 years81,16,66760,00,000 - 1,00,00,000
Senior Accounts Officer9-13 years6,85,1436,20,000 - 7,50,000
HR Manager9-15 years10,17,5008,20,000 - 12,00,000
DPT. Manager2-8 years13,87,50010,00,000 - 18,00,000
Vice President Finance & Accounts13-17 years49,57,89740,00,000 - 55,10,000
Accounts Manager9-14 years13,06,2507,00,000 - 22,50,000

Financial advisors at IL&FS Investmart help people and businesses with money matters. Here's what they do:

  • For Individuals:
    • They help people save and grow their money by creating special plans that match their needs and how much risk they're comfortable with.
    • They look at how much risk someone is okay with based on things like how old they are, how much they earn, and how much they've saved. Then, they suggest ways to invest their money that fit their comfort level.
  • For Companies:
    • They give companies advice on projects like building new things or expanding their business. They look at if these projects will make money for the company.
    • After studying these projects, they give their opinion to the company's leaders to help them make smart decisions.
  • Payment:
    • How much financial advisors earn can vary a lot. Some get a basic salary, which can start at $30,000 and go up to over $100,000. They might also get bonuses if they do well. And sometimes, they earn money based on how well the investments they manage do.

These potential benefits:

  1. Housing Allowance: This benefit assists with housing-related expenses like rent or mortgage payments. It's not mandatory but might be offered based on company policies and individual agreements.
  2. Transportation Allowance: Similar to housing allowances, this helps cover commuting costs such as fuel or public transportation fares. Again, it depends on IL&FS Investmart's policies.
  3. Wellness Program: These programs promote employee health and well-being through various initiatives like health checkups, fitness subsidies, mental health support, nutrition guidance, and wellness stipends. The stipends allow employees to choose how to use allocated funds for their well-being.

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