IDFC FIRST Bank Mumbai AVP Salaries by 40+ Employees (Updated 2025)

10 - 19 years exp.

₹16 Lakhs - ₹35 Lakhs

Salary of majority employees

14% less than the average AVP Salary in Banking Companies for 10 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading AVP Salary 10 - 18 years exp. (8 salaries)	₹20 L/yr - ₹35 L/yr
Project & Program Management AVP Salary 12 - 19 years exp. (6 salaries)	₹18 L/yr - ₹28 L/yr
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Customer Success, Service & Operations AVP Salary 13 - 18 years exp. (4 salaries)	₹20.5 L/yr - ₹27 L/yr
Finance & Accounting AVP Salary 10 - 15 years exp. (4 salaries)	₹20 L/yr - ₹27.5 L/yr
Quality Assurance AVP Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹24 L/yr - ₹26.2 L/yr

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Last Updated: 19 Feb 2025

Companies similar to IDFC FIRST Bank for AVP in Mumbai

IDFC FIRST Bank AVP Salary

10 - 19 years exp. (43 salaries)

₹16 L/yr - ₹35 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank AVP Salary 9 - 24 years exp. (178 salaries)	₹12 L/yr - ₹38 L/yr 1% less
HDFC Bank AVP Salary 10 - 21 years exp. (152 salaries)	₹15 L/yr - ₹40 L/yr 5% more
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IndusInd Bank AVP Salary 6 - 19 years exp. (100 salaries)	₹9.1 L/yr - ₹29 L/yr 34% less
Yes Bank AVP Salary 6 - 18 years exp. (94 salaries)	₹11 L/yr - ₹22 L/yr 39% less
Kotak Mahindra Bank AVP Salary 8 - 19 years exp. (66 salaries)	₹11 L/yr - ₹35.5 L/yr 17% less
RBL Bank AVP Salary 7 - 20 years exp. (43 salaries)	₹12 L/yr - ₹23.8 L/yr 35% less
Bandhan Bank AVP Salary 11 - 17 years exp. (12 salaries)	₹18 L/yr - ₹35.5 L/yr 10% less
Federal Bank AVP Salary 15 - 16 years exp. (4 salaries)	₹30 L/yr - ₹40 L/yr 34% more
Shinhan Bank AVP Salary 13 - 15 years exp. (3 salaries)	₹11.9 L/yr - ₹20 L/yr 40% less

AVP salary at IDFC FIRST Bank ranges between ₹16 Lakhs to ₹35 Lakhs per year for employees with experience between 10 years to 19 years. Salary estimates are based on 43 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank AVP salaries in Mumbai

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
10 years (3 salaries)	₹20 L/yr - ₹27 L/yr
11 years (AmbitionBox Estimate)	₹24 L/yr - ₹47.6 L/yr
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12 years (4 salaries)	₹26.2 L/yr - ₹32 L/yr
13 years (8 salaries)	₹22.2 L/yr - ₹28 L/yr
14 years (5 salaries)	₹22.2 L/yr - ₹34 L/yr
15+ years (22 salaries)	₹16 L/yr - ₹35 L/yr

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Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(595 salaries)

₹3 L/yr - ₹9.5 L/yr

Senior Officer Salary

(364 salaries)

₹2 L/yr - ₹5.05 L/yr

Product Manager Salary

(362 salaries)

₹8.5 L/yr - ₹30 L/yr

Chief Manager Salary

(357 salaries)

₹11 L/yr - ₹36 L/yr

Assistant Vice President Salary

(132 salaries)

₹14.19 L/yr - ₹50 L/yr

Customer Service Executive Salary

(125 salaries)

₹1.8 L/yr - ₹5.2 L/yr

Sales Executive Salary

(86 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Team Lead Salary

(86 salaries)

₹2.2 L/yr - ₹9.12 L/yr

Relationship Officer Salary

(30 salaries)

₹1.35 L/yr - ₹5.5 L/yr

Sales Coordinator Salary

(24 salaries)

₹1.6 L/yr - ₹4.16 L/yr

Salary related reviews for IDFC FIRST Bank

4.5

Rated by 2 employees for salary & benefits

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

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

Sales Executive in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 13 Sep 2023

1.0

for Salary and Benefits

Likes

Nothing I just only like that they give you the off but in that off they cut the salary also what is the job is this??? So it means I don't like this job, they don't hire you permanently because of if you don't give the targeted thing they will don't give you the salary and they expect ki hum inko itna Business karke de ki jitna Inka bhai karke dede

Dislikes

I don't like to work in this company as employee and already working in this bank as I am very disappointed in this company by seniors saloni bhalla territory manager of sepl and pradeep saluja state head of sepl. I feel discrimination in this company by the seniors and the other staff I am also like them I wanted to fall so I can work at there but I really didn't felt about that.

Salary - Bad

+5 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

Senior Customer Service Executive in Hoshangabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 29 Sep 2023

4.0

for Salary and Benefits

Likes

Salary is better as compared to other players good incentive system but not very good

Salary - Good

Dislikes

Politics is everywhere if you want to switch to another department in the bank itself your manager will choose to let you go out of the bank instead of diff team

Work-life balance - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDFC FIRST Bank AVP Salary FAQs

What is the salary of AVP at IDFC FIRST Bank in Mumbai?

The average salary of a AVP at IDFC FIRST Bank in Mumbai typically ranges from ₹16.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 10 years to 19 years).

The top 10% of AVP in Mumbai at IDFC FIRST Bank earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. AVP 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 40+ IDFC FIRST Bank employees in India.

What is the estimated take home salary of a AVP at IDFC FIRST Bank in Mumbai?

The estimated take-home salary of a AVP at IDFC FIRST Bank in Mumbai typically ranges from ₹1,62,820 to ₹1,69,045 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 10 years to 19 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 40+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Federal Bank	₹30.0 Lakhs to ₹40.0 Lakhs per year
HDFC Bank	₹15.0 Lakhs to ₹40.0 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 AVP in companies similar to IDFC FIRST Bank in Mumbai?

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

Axis Bank	₹12.0 Lakhs to ₹38.0 Lakhs per year
Bandhan Bank	₹18.0 Lakhs to ₹35.5 Lakhs per year
Kotak Mahindra Bank	₹11.0 Lakhs to ₹35.5 Lakhs per year
IndusInd Bank	₹9.1 Lakhs to ₹29.0 Lakhs per year
RBL Bank	₹12.0 Lakhs to ₹23.8 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 AVP at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
10 years	₹20.0 Lakhs to ₹27.0 Lakhs per year
11 years	₹24.0 Lakhs to ₹47.6 Lakhs per year
12 years	₹26.2 Lakhs to ₹32.0 Lakhs per year
13 years	₹22.2 Lakhs to ₹28.0 Lakhs per year

and so on.

Tell us how to improve this page.

IDFC FIRST Bank AVP salary in Mumbai ranges between ₹16 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.