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4.0

based on 10k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Branch Manager salaries in Mumbai

Annual salary range
6 - 20 years exp.
₹6.8 Lakhs - ₹27.7 Lakhs
Salary of majority employees
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48% 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. (29 salaries)
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₹9 L/yr - ₹28.3 L/yr

Sales & Business Development
Branch Manager Salary
7 - 16 years exp. (11 salaries)
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₹5.9 L/yr - ₹26 L/yr

Customer Success, Service & Operations
Branch Manager Salary
6 - 20 years exp. (4 salaries)
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₹9.4 L/yr - ₹25 L/yr

Finance & Accounting
Branch Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹8.7 L/yr - ₹18 L/yr

Marketing & Communication
Branch Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹10.3 L/yr - ₹19 L/yr

Last Updated: 16 Jan 2025

Companies similar to IDFC FIRST Bank for Branch Manager in Mumbai

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IDFC FIRST Bank Branch Manager Salary

6 - 20 years exp. (53 salaries)

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₹6.8 L/yr - ₹27.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Branch Manager Salary

5 - 23 years exp. (110 salaries)

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₹6.4 L/yr - ₹25.5 L/yr

arrow icon 5% less
8 job openings
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ICICI Bank Branch Manager Salary

5 - 20 years exp. (224 salaries)

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₹5.5 L/yr - ₹21.6 L/yr

arrow icon 19% less
1 job opening
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Kotak Mahindra Bank Branch Manager Salary

7 - 20 years exp. (132 salaries)

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₹7.5 L/yr - ₹25.6 L/yr

arrow icon 2% more
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State Bank of India Branch Manager Salary

5 - 15 years exp. (31 salaries)

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₹12 L/yr - ₹28 L/yr

arrow icon 21% more
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IndusInd Bank Branch Manager Salary

7 - 20 years exp. (75 salaries)

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₹7.8 L/yr - ₹23.8 L/yr

arrow icon 14% less
43 job openings
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Yes Bank Branch Manager Salary

7 - 19 years exp. (82 salaries)

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₹6.2 L/yr - ₹26 L/yr

arrow icon 6% less
4 job openings
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Standard Chartered Branch Manager Salary

12 - 17 years exp. (12 salaries)

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₹18 L/yr - ₹43.3 L/yr

arrow icon 64% more
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Bank of Baroda Branch Manager Salary

7 - 14 years exp. (10 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 8% more
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Canara Bank Branch Manager Salary

6 - 11 years exp. (4 salaries)

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₹10 L/yr - ₹18.5 L/yr

arrow icon 12% less
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Bank of India Branch Manager Salary

6 - 12 years exp. (8 salaries)

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₹10 L/yr - ₹18 L/yr

arrow icon 16% less
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Union Bank of India Branch Manager Salary

8 - 11 years exp. (6 salaries)

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₹10 L/yr - ₹18 L/yr

arrow icon 13% less
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IDBI Bank Branch Manager Salary

9 - 16 years exp. (5 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 36% more
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RBL Bank Branch Manager Salary

11 - 21 years exp. (47 salaries)

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₹11.2 L/yr - ₹28.5 L/yr

arrow icon 25% more
8 job openings
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Bandhan Bank Branch Manager Salary

7 - 19 years exp. (24 salaries)

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₹4.3 L/yr - ₹19.1 L/yr

arrow icon 28% less
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Jana Small Finance Bank Branch Manager Salary

8 - 15 years exp. (10 salaries)

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₹6.3 L/yr - ₹14.5 L/yr

arrow icon 48% less
1 job opening
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₹7.3 L/yr - ₹11.8 L/yr

arrow icon 44% less
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Karnataka Bank Branch Manager Salary

7 - 12 years exp. (4 salaries)

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₹11.4 L/yr - ₹16.5 L/yr

arrow icon 7% less
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Karur Vysya Bank Branch Manager Salary

7 - 14 years exp. (3 salaries)

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₹13 L/yr - ₹17 L/yr

arrow icon 13% less
Branch Manager salary at IDFC FIRST Bank ranges between ₹6.8 Lakhs to ₹27.7 Lakhs per year for employees with experience between 6 years to 20 years. Salary estimates are based on 53 latest salaries received from various employees of IDFC FIRST Bank.

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

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15 years exp.
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17 years exp.
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18 years exp.
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16 years exp.
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13 years exp.
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18 years exp.
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14 years exp.
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20 years exp.
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13 years exp.
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13 years exp.

Experience wise IDFC FIRST Bank Branch Manager salaries in Mumbai

Last Updated: 16 Jan 2025

Experience Avg Annual Salary
6 years  (3 salaries)

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₹7.5 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹20.7 L/yr
8 years (AmbitionBox Estimate)

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₹11.1 L/yr - ₹14.1 L/yr
9 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹14.2 L/yr
10 years  (5 salaries)

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₹8.7 L/yr - ₹21 L/yr
View all

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary
(591 salaries)
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₹3 L/yr - ₹9.5 L/yr
Chief Manager Salary
(364 salaries)
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₹11 L/yr - ₹36 L/yr
Credit Manager Salary
(213 salaries)
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₹3 L/yr - ₹13 L/yr
Sales Manager Salary
(141 salaries)
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₹3 L/yr - ₹10.1 L/yr
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₹5 L/yr - ₹13.78 L/yr
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₹4.15 L/yr - ₹10 L/yr
Branch Head Salary
(7 salaries)
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₹16 L/yr - ₹24 L/yr
Area Manager Salary
(3 salaries)
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₹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

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

read more
  • Skill development - Bad
    +4 more

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 .

read more
  • 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 .

read more

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.

read more
  • Salary - Excellent
    +6 more

Dislikes

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

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

read more
  • 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

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.

read more
  • Salary - Excellent
    +6 more

Dislikes

No dislikes as such

see more salary related reviews

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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 ₹6.8 Lakhs to ₹27.7 Lakhs for experience between 6 years to 20 years. According to our estimates it is 48% more than the average Branch Manager Salary in India. Salary estimates are based on 53 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 48% 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 ₹43.3 Lakhs per year
  • IDBI Bank Branch Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
  • RBL Bank Branch Manager Salary - ₹11.2 Lakhs to ₹28.5 Lakhs per year
  • State Bank of India Branch Manager Salary - ₹12.0 Lakhs to ₹28.0 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
  • HDFC Bank Branch Manager Salary - ₹6.4 Lakhs to ₹25.5 Lakhs per year
  • Yes Bank Branch Manager Salary - ₹6.2 Lakhs to ₹26.0 Lakhs per year
  • Karnataka Bank Branch Manager Salary - ₹11.4 Lakhs to ₹16.5 Lakhs per year
  • Canara Bank Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 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 ₹1,10,358 per month to ₹1,13,414 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 ₹6.8 Lakhs to ₹27.7 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, 82% of the IDFC FIRST Bank Branch Managers in Mumbai reported a notice period of 3 Months, 8% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 39 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IDFC FIRST Bank Branch Manager salary in Mumbai ranges between ₹6.8 Lakhs to ₹27.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 53 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.