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IDFC FIRST Bank Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 11 years exp.
₹2.3 Lakhs - ₹6.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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42% less than the average Assistant Manager Salary in Banking Companies for 0 - 11 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Assistant Manager Salary
0 - 11 years exp. (192 salaries)
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₹2.5 L/yr - ₹6.6 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
0 - 11 years exp. (156 salaries)
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₹2.3 L/yr - ₹6.4 L/yr

Finance & Accounting
Assistant Manager Salary
0 - 10 years exp. (57 salaries)
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₹2.9 L/yr - ₹6.3 L/yr

Sales & Business Development
Assistant Manager Salary
1 - 7 years exp. (31 salaries)
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₹3 L/yr - ₹6.5 L/yr

Marketing & Communication
Assistant Manager Salary
1 - 7 years exp. (12 salaries)
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₹4 L/yr - ₹5.6 L/yr

Last Updated: 25 Mar 2025

Companies similar to IDFC FIRST Bank for Assistant Manager in Mumbai

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IDFC FIRST Bank Assistant Manager Salary

0 - 11 years exp. (554 salaries)

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₹2.3 L/yr - ₹6.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (3.5k salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 28% less
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Axis Bank Assistant Manager Salary

0 - 10 years exp. (2.5k salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 16% less
1 job opening
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ICICI Bank Assistant Manager Salary

0 - 9 years exp. (1.6k salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 16% less
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HDFC Bank Assistant Manager Salary

0 - 11 years exp. (1.6k salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 20% less
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Yes Bank Assistant Manager Salary

0 - 10 years exp. (837 salaries)

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₹2.4 L/yr - ₹6.6 L/yr

arrow icon 6% less
1 job opening
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IndusInd Bank Assistant Manager Salary

0 - 10 years exp. (575 salaries)

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₹1.5 L/yr - ₹6.2 L/yr

arrow icon 21% less
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RBL Bank Assistant Manager Salary

0 - 10 years exp. (507 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 15% less
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IDBI Bank Assistant Manager Salary

0 - 12 years exp. (182 salaries)

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₹6 L/yr - ₹17.5 L/yr

arrow icon 167% more
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Standard Chartered Assistant Manager Salary

3 - 17 years exp. (131 salaries)

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₹5 L/yr - ₹18.4 L/yr

arrow icon 134% more
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Bandhan Bank Assistant Manager Salary

0 - 10 years exp. (112 salaries)

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₹2.2 L/yr - ₹5.3 L/yr

arrow icon 21% less
View all
Assistant Manager salary at IDFC FIRST Bank ranges between ₹2.3 Lakhs to ₹6.6 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 554 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Assistant Manager in Mumbai

2w ago
₹3.5 Lakhs
3 years exp.
2w ago
₹3.5 Lakhs
3 years exp.
2w ago
₹3.5 Lakhs
3 years exp.
2w ago
₹2.5 Lakhs
3 years exp.
2w ago
₹2.5 Lakhs
3 years exp.
2w ago
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3 years exp.
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3 years exp.
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4 years exp.
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8 years exp.
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7 years exp.

Experience wise IDFC FIRST Bank Assistant Manager salaries in Mumbai

Last Updated: 25 Mar 2025

Experience Avg Annual Salary
Fresher  (10 salaries)

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₹3.2 L/yr - ₹5 L/yr
1 year  (34 salaries)

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₹2.3 L/yr - ₹5.5 L/yr
2 years  (49 salaries)

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₹2.7 L/yr - ₹6 L/yr
3 years  (80 salaries)

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₹2.3 L/yr - ₹6.4 L/yr
4 years  (77 salaries)

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₹3 L/yr - ₹6.5 L/yr
View all
IDFC FIRST Bank Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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0 - 11 years exp.

Vice President

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11 - 22 years exp.

Assistant Manager

0 - 11 years exp.
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Deputy Manager

0 - 12 years exp.
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arrow icon 14% hike

Manager

1 - 14 years exp.
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arrow icon 51% hike

From

To

Assistant Manager

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0 - 11 years exp.

Assistant Vice President

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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
(603 salaries)
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₹3 L/yr - ₹9.5 L/yr
Sales Manager Salary
(136 salaries)
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₹3 L/yr - ₹11.4 L/yr
Branch Manager Salary
(52 salaries)
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₹8 L/yr - ₹27.8 L/yr
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₹4.75 L/yr - ₹11.61 L/yr
Team Manager Salary
(14 salaries)
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₹5 L/yr - ₹15 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

3.6

Rated by 37 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Everything is good.

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 .

read more
  • 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 .

read more

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.

read more
  • 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.

read more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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IDFC FIRST Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at IDFC FIRST Bank in Mumbai?
The average salary of a Assistant Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹2.3 Lakhs to ₹6.6 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Assistant Manager in Mumbai at IDFC FIRST Bank earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹6.4 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 500+ IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Assistant Manager at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Assistant Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹36,354 to ₹37,574 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from Fresher to 11 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 500+ 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 Mumbai?
To be a Assistant Manager at IDFC FIRST Bank in Mumbai, 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?
Emirates NBD ₹14.5 Lakhs to ₹26.0 Lakhs per year
IDBI Bank ₹6.0 Lakhs to ₹17.5 Lakhs per year
Federal Bank ₹7.0 Lakhs to ₹18.5 Lakhs per year
Barclays Investment Bank ₹8.0 Lakhs to ₹13.4 Lakhs per year
Canara Bank ₹5.0 Lakhs to ₹21.0 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 Mumbai?
The salary of a Assistant Manager at companies similar to IDFC FIRST Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India ₹5.0 Lakhs to ₹14.0 Lakhs per year
Standard Chartered ₹5.0 Lakhs to ₹18.4 Lakhs per year
Central Bank of India ₹6.0 Lakhs to ₹15.0 Lakhs per year
Karur Vysya Bank ₹6.0 Lakhs to ₹14.0 Lakhs per year
HSBC Global Banking and Markets ₹5.0 Lakhs to ₹12.0 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 Mumbai?
The salary growth for a Assistant Manager at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
Fresher ₹3.2 Lakhs to ₹5.0 Lakhs per year
1 year ₹2.3 Lakhs to ₹5.5 Lakhs per year
2 years ₹2.7 Lakhs to ₹6.0 Lakhs per year
3 years ₹2.3 Lakhs to ₹6.4 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Assistant Manager salary in Mumbai ranges between ₹2.3 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 554 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.