IDFC FIRST Bank Mumbai Branch Manager Salaries by 50+ Employees (Updated 2025)

6 - 20 years exp.

₹8 Lakhs - ₹28 Lakhs

Salary of majority employees

52% more than the average Branch Manager Salary in Banking Companies for 6 - 20 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 9 - 18 years exp. (27 salaries)	₹9 L/yr - ₹28 L/yr
Sales & Business Development Branch Manager Salary 7 - 16 years exp. (11 salaries)	₹7.1 L/yr - ₹26 L/yr
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Customer Success, Service & Operations Branch Manager Salary 6 - 20 years exp. (4 salaries)	₹9.4 L/yr - ₹25 L/yr
Finance & Accounting Branch Manager Salary 13 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹18 L/yr

Last Updated: 11 Feb 2025

Companies similar to IDFC FIRST Bank for Branch Manager in Mumbai

IDFC FIRST Bank Branch Manager Salary

6 - 20 years exp. (50 salaries)

₹8 L/yr - ₹28 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Manager Salary 5 - 22 years exp. (225 salaries)	₹6 L/yr - ₹26 L/yr 12% less
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (134 salaries)	₹7.5 L/yr - ₹25.6 L/yr 7% more	1 job opening
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State Bank of India Branch Manager Salary 5 - 15 years exp. (28 salaries)	₹12 L/yr - ₹28 L/yr 25% more
IndusInd Bank Branch Manager Salary 7 - 20 years exp. (79 salaries)	₹8.9 L/yr - ₹27.9 L/yr 4% more	12 job openings
Yes Bank Branch Manager Salary 7 - 19 years exp. (83 salaries)	₹8.3 L/yr - ₹26 L/yr 5% less	3 job openings
Standard Chartered Branch Manager Salary 12 - 17 years exp. (13 salaries)	₹18 L/yr - ₹51 L/yr 104% more
Bank of Baroda Branch Manager Salary 7 - 14 years exp. (10 salaries)	₹9 L/yr - ₹25 L/yr 10% more
Canara Bank Branch Manager Salary 7 - 12 years exp. (3 salaries)	₹10 L/yr - ₹18.5 L/yr 14% less
Bank of India Branch Manager Salary 6 - 12 years exp. (8 salaries)	₹10 L/yr - ₹18 L/yr 20% less
Union Bank of India Branch Manager Salary 6 - 11 years exp. (11 salaries)	₹8 L/yr - ₹22.5 L/yr 6% less
IDBI Bank Branch Manager Salary 9 - 18 years exp. (6 salaries)	₹12 L/yr - ₹32 L/yr 45% more
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RBL Bank Branch Manager Salary 10 - 21 years exp. (49 salaries)	₹11.2 L/yr - ₹28.5 L/yr 21% more	8 job openings
Bandhan Bank Branch Manager Salary 7 - 19 years exp. (25 salaries)	₹4.7 L/yr - ₹20.3 L/yr 27% less
Jana Small Finance Bank Branch Manager Salary 8 - 16 years exp. (13 salaries)	₹6.3 L/yr - ₹14.5 L/yr 46% less	2 job openings
Utkarsh Small Finance Bank Branch Manager Salary 6 - 17 years exp. (11 salaries)	₹7.3 L/yr - ₹11.8 L/yr 43% less
Karnataka Bank Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹11.4 L/yr - ₹16.5 L/yr 20% less
Karur Vysya Bank Branch Manager Salary 7 - 14 years exp. (3 salaries)	₹13 L/yr - ₹17 L/yr 8% less
City Union Bank Branch Manager Salary 8 - 15 years exp. (3 salaries)	₹14 L/yr - ₹15.5 L/yr 16% less	1 job opening

Branch Manager salary at IDFC FIRST Bank ranges between ₹8 Lakhs to ₹28 Lakhs per year for employees with experience between 6 years to 20 years. Salary estimates are based on 50 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Branch Manager salaries in Mumbai

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
6 years (3 salaries)	₹7.5 L/yr - ₹20.8 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹22.1 L/yr
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8 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
9 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹14.2 L/yr
10 years (5 salaries)	₹8.7 L/yr - ₹21 L/yr
11 years (4 salaries)	₹10.5 L/yr - ₹16.3 L/yr
12 years (4 salaries)	₹8 L/yr - ₹21 L/yr
13 years (9 salaries)	₹8 L/yr - ₹23 L/yr
14 years (8 salaries)	₹9 L/yr - ₹26 L/yr
15+ years (13 salaries)	₹9 L/yr - ₹28 L/yr

View all

From

Branch Manager

6 - 20 years exp.

Cluster Head

₹

Lakhs/yr

10 - 20 years exp.

From

Branch Manager

6 - 20 years exp.

Area Head

8 - 18 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

(591 salaries)

₹3 L/yr - ₹9.5 L/yr

Chief Manager Salary

(365 salaries)

₹11 L/yr - ₹36 L/yr

Credit Manager Salary

(214 salaries)

₹4.15 L/yr - ₹12.22 L/yr

Sales Manager Salary

(140 salaries)

₹3 L/yr - ₹10.11 L/yr

Deputy Branch Manager Salary

(31 salaries)

₹4.2 L/yr - ₹12.5 L/yr

Branch Sales Manager Salary

(14 salaries)

₹4.15 L/yr - ₹13 L/yr

Branch Head Salary

(7 salaries)

₹16 L/yr - ₹24 L/yr

Area Manager Salary

(3 salaries)

₹10.5 L/yr - ₹15.5 L/yr

Top skills at IDFC FIRST Bank for Branch Manager

Recruitment Penetration Business Loan Loans Monitoring Portfolio Management Management Banking External Audit Compliance Branch Banking Customer Acquisition Customer Service Automation Competitive Intelligence

Salary related reviews for IDFC FIRST Bank

4.0

Rated by 9 employees for salary & benefits

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Salary - Excellent

+1 more

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Skill development - Bad

+4 more

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 21 Apr 2023

5.0

for Salary and Benefits

Likes

Good platform for salary hike .Good incentive structure for sales team .Good bank to work for .Future of this bank looks very high .

Salary - Excellent

+4 more

Dislikes

Nothing as such . Attrition rate is very high ,not at all controlled.In my tenure of 14 months 3 cluster head changed ,2 regional heads changed .one country head changed .

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 21 Apr 2024

5.0

for Salary and Benefits

Likes

fantastic work culture that truly puts employees first. I am impressed by the bank's commitment to work-life balance, competitive compensation, and generous incentive programs. The management team is approachable and supportive, fostering a collaborative and positive environment.

Salary - Excellent

+6 more

Dislikes

The perks are excellent but there can be imbalance work load sometimes

Senior Relationship Manager in Shivamogga

Full Time

Finance & Accounting Department

5.0

• posted on 08 Nov 2024

5.0

for Salary and Benefits

Likes

On time salary and weekly off. And our products and policy is very simple and and S_. _C APPLICATION to work easily

Salary - Excellent

+6 more

Dislikes

In our branch we don't have customer meeting room . It's very shameful me when I discussions with customer

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jun 2024

5.0

for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

Salary - Excellent

+6 more

Dislikes

No dislikes as such

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IDFC FIRST Bank Branch Manager Salary FAQs

What is the salary of Branch Manager at IDFC FIRST Bank Mumbai?

Branch Manager salary at IDFC FIRST Bank in Mumbai ranges between ₹8.0 Lakhs to ₹28.0 Lakhs for experience between 6 years to 20 years. According to our estimates it is 52% more than the average Branch Manager Salary in India. Salary estimates are based on 50 latest salaries received from various employees of IDFC FIRST Bank Mumbai.

How does the salary of a Branch Manager at IDFC FIRST Bank Mumbai compare with the average salary range for this job?

The average salary of a Branch Manager at IDFC FIRST Bank is 52% more than the average salary of a Branch Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at IDFC FIRST Bank?

Recruitment, Penetration, Business Loan, Loans and Monitoring are some of the popular skills required to work as a Branch Manager at IDFC FIRST Bank Mumbai.

Which similar companies are paying more than IDFC FIRST Bank to a Branch Manager in Mumbai?

Standard Chartered Branch Manager Salary - ₹18.0 Lakhs to ₹51.0 Lakhs per year
IDBI Bank Branch Manager Salary - ₹12.0 Lakhs to ₹32.0 Lakhs per year
State Bank of India Branch Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
RBL Bank Branch Manager Salary - ₹11.2 Lakhs to ₹28.5 Lakhs per year
Bank of Baroda Branch Manager Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to IDFC FIRST Bank in Mumbai?

Kotak Mahindra Bank Branch Manager Salary - ₹7.5 Lakhs to ₹25.6 Lakhs per year
IndusInd Bank Branch Manager Salary - ₹8.9 Lakhs to ₹27.9 Lakhs per year
Yes Bank Branch Manager Salary - ₹8.3 Lakhs to ₹26.0 Lakhs per year
Union Bank of India Branch Manager Salary - ₹8.0 Lakhs to ₹22.5 Lakhs per year
Karur Vysya Bank Branch Manager Salary - ₹13.0 Lakhs to ₹17.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at IDFC FIRST Bank ranges between ₹1,13,896 per month to ₹1,17,066 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Branch Manager salary in India which ranges between ₹8.0 Lakhs to ₹28.0 Lakhs per year for employees with experience between 6 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at IDFC FIRST Bank in Mumbai?

According to AmbitionBox, 79% of the IDFC FIRST Bank Branch Managers in Mumbai reported a notice period of 3 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Branch Manager Salaries in Mumbai

IDFC FIRST Bank Branch Manager salary in Mumbai ranges between ₹8 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.