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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Banking Executive salaries in Mumbai

Annual salary range
1 - 4 years exp.
₹1.8 Lakh - ₹3.4 Lakhs
Salary of majority employees
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5% less than the average Banking Executive Salary in Banking Companies for 1 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Banking Executive Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.4 L/yr

BFSI, Investments & Trading
Banking Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹2.8 L/yr

Finance & Accounting
Banking Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Sales & Business Development
Banking Executive Salary
3 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3 L/yr

Last Updated: 17 Dec 2024

Companies similar to IDFC FIRST Bank for Banking Executive in Mumbai

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IDFC FIRST Bank Banking Executive Salary

1 - 4 years exp. (10 salaries)

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₹1.8 L/yr - ₹3.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Banking Executive Salary

1 - 6 years exp. (21 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 1% less
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HDFC Bank Banking Executive Salary

1 - 7 years exp. (16 salaries)

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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 12% more
1 job opening
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Axis Bank Banking Executive Salary

0 - 6 years exp. (14 salaries)

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₹1.5 L/yr - ₹3.4 L/yr

At par
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ICICI Bank Banking Executive Salary

0 - 6 years exp. (13 salaries)

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₹1.6 L/yr - ₹4 L/yr

arrow icon 11% more
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IndusInd Bank Banking Executive Salary

1 - 5 years exp. (10 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 12% more
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RBL Bank Banking Executive Salary

0 - 4 years exp. (10 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 13% less
Banking Executive salary at IDFC FIRST Bank ranges between ₹1.8 Lakh to ₹3.4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 10 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Banking Executive in Mumbai

3mo ago
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3 years exp.
5mo ago
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4 years exp.
1y ago
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1 year exp.

Experience wise IDFC FIRST Bank Banking Executive salaries in Mumbai

Last Updated: 17 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
4 years  (5 salaries)

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₹1.8 L/yr - ₹3.4 L/yr

Similar Designation salaries in IDFC FIRST Bank

Sales Officer Salary
(162 salaries)
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₹1.15 L/yr - ₹4.8 L/yr
Sales Executive Salary
(86 salaries)
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₹1.45 L/yr - ₹4.5 L/yr
Analyst Salary
(45 salaries)
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₹1.89 L/yr - ₹6.75 L/yr
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₹1.95 L/yr - ₹6.29 L/yr
Senior Analyst Salary
(27 salaries)
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₹3 L/yr - ₹9 L/yr
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₹5 L/yr - ₹15 L/yr
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₹1.5 L/yr - ₹3.5 L/yr
Accountant Salary
(6 salaries)
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₹2 L/yr - ₹5.05 L/yr
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₹1.7 L/yr - ₹3.5 L/yr

Salary related reviews for IDFC FIRST Bank

5.0

Rated by 1 employees for salary & benefits

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

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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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 28 Mar 2023

4.0
 for  Salary and Benefits

Likes

This is my first job and had great experience working in IDFC FIRST BANK. Got alot to learn and I got chance to built new skills. Work culture is smooth, on every level people guide and support so never felt lack of learning in any point of situation.

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  • Salary - Good
  • +4 more

Dislikes

There is nothing to hate about IDFC , but no body can ever be satisfied from their salary, but obviously according to me salary offer to me was less as compared to market value my skills and knowledge hold , it's been one year , I am not seeing appraisal scope here , so planning to change my job , After all we all are here to earn and learn .

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  • Promotions - Poor

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Sep 2023

2.0
 for  Salary and Benefits

Likes

Currently, the pay they are offering is good

Dislikes

...e a fancy job discription and in relaity, the job we do is completely different. They harras employees and even after resigning, they harrass for due payment.

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  • Salary - Poor
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 10 May 2023

3.0
 for  Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

read more

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

read more
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IDFC FIRST Bank Banking Executive Salary FAQs

What is the salary of Banking Executive at IDFC FIRST Bank in Mumbai?
The average salary of a Banking Executive at IDFC FIRST Bank in Mumbai typically ranges from ₹1.8 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Banking Executive in Mumbai at IDFC FIRST Bank earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Banking Executive 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 10 IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Banking Executive at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Banking Executive at IDFC FIRST Bank in Mumbai typically ranges from ₹19,030 to ₹20,708 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 1 year to 4 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 10 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 Banking Executive in India?
HDFC Bank ₹1.8 Lakhs to ₹3.8 Lakhs per year
IndusInd Bank ₹1.8 Lakhs to ₹4.1 Lakhs per year
ICICI Bank ₹1.6 Lakhs to ₹4.0 Lakhs per year
Axis Bank ₹1.5 Lakhs to ₹3.4 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 Banking Executive in companies similar to IDFC FIRST Bank in Mumbai?
The salary of a Banking Executive at companies similar to IDFC FIRST Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹1.5 Lakhs to ₹3.5 Lakhs per year
RBL Bank ₹1.5 Lakhs to ₹3.5 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 Banking Executive at IDFC FIRST Bank in Mumbai?
The salary growth for a Banking Executive at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Banking Executive in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹3.0 Lakhs per year
2 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years ₹1.8 Lakhs to ₹3.4 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Banking Executive salary in Mumbai ranges between ₹1.8 Lakh to ₹3.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.