IDFC FIRST Bank Chennai Assistant Manager Salaries by 90+ Employees (Updated 2025)

1 - 10 years exp.

₹2.9 Lakhs - ₹7.1 Lakhs

Salary of majority employees

41% less than the average Assistant Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 2 - 9 years exp. (33 salaries)	₹3.1 L/yr - ₹5.6 L/yr
Sales & Business Development Assistant Manager Salary 2 - 10 years exp. (18 salaries)	₹4 L/yr - ₹7.1 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 1 - 7 years exp. (17 salaries)	₹2.9 L/yr - ₹5.5 L/yr
Finance & Accounting Assistant Manager Salary 1 - 7 years exp. (10 salaries)	₹3.1 L/yr - ₹5.3 L/yr

Last Updated: 20 Mar 2025

Companies similar to IDFC FIRST Bank for Assistant Manager in Chennai

IDFC FIRST Bank Assistant Manager Salary

1 - 10 years exp. (94 salaries)

₹2.9 L/yr - ₹7.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.3k salaries)	₹1.8 L/yr - ₹7 L/yr 22% less
Axis Bank Assistant Manager Salary 0 - 9 years exp. (1.1k salaries)	₹1.8 L/yr - ₹6.3 L/yr 17% less	2 job openings
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (678 salaries)	₹2 L/yr - ₹5.3 L/yr 17% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (624 salaries)	₹1.3 L/yr - ₹4.7 L/yr 28% less
Yes Bank Assistant Manager Salary 0 - 11 years exp. (507 salaries)	₹2.5 L/yr - ₹6.1 L/yr 9% less	1 job opening
Standard Chartered Assistant Manager Salary 2 - 18 years exp. (406 salaries)	₹5.5 L/yr - ₹19.5 L/yr 144% more
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (206 salaries)	₹2 L/yr - ₹5 L/yr 22% less
City Union Bank Assistant Manager Salary 0 - 11 years exp. (189 salaries)	₹4.5 L/yr - ₹11 L/yr 53% more	1 job opening
Karur Vysya Bank Assistant Manager Salary 2 - 12 years exp. (155 salaries)	₹4.9 L/yr - ₹14.3 L/yr 82% more
RBL Bank Assistant Manager Salary 0 - 10 years exp. (81 salaries)	₹2.8 L/yr - ₹6 L/yr 15% less
Federal Bank Assistant Manager Salary 1 - 9 years exp. (52 salaries)	₹6 L/yr - ₹15 L/yr 156% more
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Jana Small Finance Bank Assistant Manager Salary 1 - 11 years exp. (39 salaries)	₹2.8 L/yr - ₹7 L/yr 9% less
IDBI Bank Assistant Manager Salary 0 - 13 years exp. (36 salaries)	₹5 L/yr - ₹16 L/yr 148% more
Canara Bank Assistant Manager Salary 2 - 9 years exp. (23 salaries)	₹5 L/yr - ₹15 L/yr 147% more
Shinhan Bank Assistant Manager Salary 2 - 7 years exp. (19 salaries)	₹3.5 L/yr - ₹7.7 L/yr 10% more
Barclays Investment Bank Assistant Manager Salary 7 - 13 years exp. (17 salaries)	₹8.7 L/yr - ₹15 L/yr 186% more
Union Bank of India Assistant Manager Salary 1 - 7 years exp. (10 salaries)	₹7.2 L/yr - ₹11 L/yr 123% more
Central Bank of India Assistant Manager Salary 5 - 11 years exp. (4 salaries)	₹6.5 L/yr - ₹10.6 L/yr 107% more
Karnataka Bank Assistant Manager Salary 4 - 12 years exp. (3 salaries)	₹9 L/yr - ₹11.5 L/yr 122% more

Assistant Manager salary at IDFC FIRST Bank ranges between ₹2.9 Lakhs to ₹7.1 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 94 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Assistant Manager salaries in Chennai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
2 years (10 salaries)	₹3.5 L/yr - ₹5.1 L/yr
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3 years (10 salaries)	₹3.1 L/yr - ₹5.1 L/yr
4 years (14 salaries)	₹2.9 L/yr - ₹6 L/yr
5 years (22 salaries)	₹3.3 L/yr - ₹5.6 L/yr
6 years (15 salaries)	₹3.1 L/yr - ₹6.2 L/yr
7 years (9 salaries)	₹4.3 L/yr - ₹6.1 L/yr
8 years (7 salaries)	₹3.3 L/yr - ₹5.9 L/yr
9 years (4 salaries)	₹4.5 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

0 - 11 years exp.

Vice President

₹

Lakhs/yr

11 - 22 years exp.

Assistant Manager

0 - 11 years exp.

Deputy Manager

0 - 12 years exp.

14% hike

Manager

1 - 14 years exp.

51% hike

From

View 4 more levels

Assistant Manager

0 - 11 years exp.

Assistant Vice President

10 - 21 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(128 salaries)

₹3 L/yr - ₹9.05 L/yr

Sales Manager Salary

(71 salaries)

₹3.5 L/yr - ₹9.8 L/yr

Branch Manager Salary

(39 salaries)

₹6.92 L/yr - ₹24.35 L/yr

Operations Manager Salary

(8 salaries)

₹3.4 L/yr - ₹9.45 L/yr

Top skills at IDFC FIRST Bank for Assistant Manager

Lap Retail Assets bil Cross Selling Home Loans

Salary related reviews for IDFC FIRST Bank

4.5

Rated by 7 employees for salary & benefits

Assistant Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 13 Sep 2023

5.0

for Salary and Benefits

Likes

...a brach very senior authority have help any time if you not understand anything.salary was good and huge incentive you earn this financial institution.but, bank provide lot of facility to his employees.

Salary - Excellent

+6 more

Dislikes

Everything is good.

Assistant Manager in Model Town Delhi

Full Time

Sales & Business Development Department

5.0

• posted on 07 Oct 2023

5.0

for Salary and Benefits

Likes

Idfc bank is fastest growing bank. And salary and incentives process very good .

Salary - Excellent

+5 more

Dislikes

There are no hearing of bank officer. Senior level not hear . They only talks with BM. Some Resigned Branch manager wants that nobody do work here .

Assistant Manager in Thane

Supply chain Finance Tw Department

4.0

• posted on 30 Dec 2021

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is lot of politics and the management doesn't address our issues. Salary is decent but Career growth is slow.

Assistant Manager in Pune

Customer Success, Service & Operations Department

3.0

• posted on 13 Jul 2019

1.0

for Salary and Benefits

Likes

None.

Dislikes

Your superiors are hyenas that will eat you up 100%. They will also not pay you FnF salary after completion of your notice period. I have still not received my Full N Final payment which was my own hardworking salary. The time limit was of 45 days and it has already been more than 60 days.

Salary - Bad

+6 more

Operations Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing as such. Loans were provided to employees at minimum interest rates

Job security - Good

Dislikes

...because of staff loans, management should work on curtailment of such behaviour. HR is unaware of basic policies, when on boarding they say that bonus would be around 40-50% but at appraisal time everything goes below water. During onboarding clearly mentioned that as per banks policy holidays on weekends, but after joining it's revealed that working is essential on weekends in month ends Such pathetic policies they have.

Salary - Poor

+5 more

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IDFC FIRST Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at IDFC FIRST Bank in Chennai?

The average salary of a Assistant Manager at IDFC FIRST Bank in Chennai typically ranges from ₹2.9 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Assistant Manager in Chennai at IDFC FIRST Bank earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. Assistant Manager Salaries at IDFC FIRST Bank 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 90+ IDFC FIRST Bank employees in India.

What is the estimated take home salary of a Assistant Manager at IDFC FIRST Bank in Chennai?

The estimated take-home salary of a Assistant Manager at IDFC FIRST Bank in Chennai typically ranges from ₹36,680 to ₹37,895 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 1 year 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 90+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at IDFC FIRST Bank in Chennai?

To be a Assistant Manager at IDFC FIRST Bank in Chennai, the key skills required include:

- Lap
- Retail Assets
- bil
- Cross Selling
- Home Loans

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IDFC FIRST Bank for Assistant Manager in India?

Barclays Investment Bank	₹8.7 Lakhs to ₹15.0 Lakhs per year
Federal Bank	₹6.0 Lakhs to ₹15.0 Lakhs per year
IDBI Bank	₹5.0 Lakhs to ₹16.0 Lakhs per year
Canara Bank	₹5.0 Lakhs to ₹15.0 Lakhs per year
Standard Chartered	₹5.5 Lakhs to ₹19.5 Lakhs per year

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

What is the salary of a Assistant Manager in companies similar to IDFC FIRST Bank in Chennai?

The salary of a Assistant Manager at companies similar to IDFC FIRST Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India	₹7.2 Lakhs to ₹11.0 Lakhs per year
Karnataka Bank	₹9.0 Lakhs to ₹11.5 Lakhs per year
Central Bank of India	₹6.5 Lakhs to ₹10.6 Lakhs per year
Karur Vysya Bank	₹4.9 Lakhs to ₹14.3 Lakhs per year
City Union Bank	₹4.5 Lakhs to ₹11.0 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 Assistant Manager at IDFC FIRST Bank in Chennai?

The salary growth for a Assistant Manager at IDFC FIRST Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Chennai can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
1 year	₹4.1 Lakhs to ₹5.2 Lakhs per year
2 years	₹3.5 Lakhs to ₹5.1 Lakhs per year
3 years	₹3.1 Lakhs to ₹5.1 Lakhs per year
4 years	₹2.9 Lakhs to ₹6.0 Lakhs per year

and so on.

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IDFC FIRST Bank Assistant Manager Salaries in Chennai

IDFC FIRST Bank Assistant Manager salary in Chennai ranges between ₹2.9 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 94 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.