IDFC FIRST Bank Business Loan Officer Salaries by 4 Employees (Updated 2024)

2 - 9 years exp.

₹2.3 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

5% less than the average Business Loan Officer Salary in Banking Companies for 2 - 9 years of experience

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Salaries in different departments

Sales & Business Development Business Loan Officer Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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Finance & Accounting Business Loan Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Last Updated: 11 Dec 2024

Companies similar to IDFC FIRST Bank for Business Loan Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹2.6 L/yr 2% more
ICICI Bank Business Loan Officer Salary 0 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹7.5 L/yr 59% more
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LendingKart Business Loan Officer Salary 1 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹5 L/yr 9% more
IDFC FIRST Bharat Business Loan Officer Salary 0 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹3.1 L/yr 6% less
Bharat Financial Inclusion Business Loan Officer Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 10% less

Business Loan Officer salary at IDFC FIRST Bank ranges between ₹2.3 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Business Loan Officer salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
9 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

View all

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Salary related reviews for IDFC FIRST Bank

2.8

Rated by 2 employees for salary & benefits

Territory Sales Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 30 Sep 2024

4.0

for Salary and Benefits

Likes

Salary and incentives are higher than what other banks offer.

Dislikes

Work culture needs improvement, you are expected to work even during holidays or when you've taken an off, unchecked power is there, State heads can relentlessly target their TSMs and public humiliation is considered normal.

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.

Dislikes

No dislikes as such

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.

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

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.

Territory Sales Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 28 Apr 2024

2.0

for Salary and Benefits

Likes

We used to get timely salary.

Dislikes

Work culture is like a political party only doing office politics not working at all. If you r in good book of management you don't have to do any work , you will get increments promotion. Other wise you don't have any future in here.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDFC FIRST Bank Business Loan Officer Salary FAQs

What is the salary of Business Loan Officer at IDFC FIRST Bank?

Business Loan Officer salary at IDFC FIRST Bank in India ranges between ₹2.3 Lakhs to ₹3.0 Lakhs for experience between 2 years to 9 years. According to our estimates it is 5% less than the average Business Loan Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank India.

How does the salary of a Business Loan Officer at IDFC FIRST Bank India compare with the average salary range for this job?

The average salary of a Business Loan Officer at IDFC FIRST Bank is 5% less than the average salary of a Business Loan Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDFC FIRST Bank to a Business Loan Officer in India?

ICICI Bank Business Loan Officer Salary - ₹1.6 Lakhs to ₹7.5 Lakhs per year
LendingKart Business Loan Officer Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year
HDFC Bank Business Loan Officer Salary - ₹2.5 Lakhs to ₹2.6 Lakhs per year

What is the salary of a Business Loan Officer in companies similar to IDFC FIRST Bank in India?

IDFC FIRST Bharat Business Loan Officer Salary - ₹1.5 Lakhs to ₹3.1 Lakhs per year
Bharat Financial Inclusion Business Loan Officer Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Business Loan Officer at IDFC FIRST Bank in India?

The estimated take-home salary of a Business Loan Officer at IDFC FIRST Bank ranges between ₹17,179 per month to ₹18,885 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Business Loan Officer salary in India which ranges between ₹2.3 Lakhs to ₹3.0 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Business Loan Officer at IDFC FIRST Bank?

According to AmbitionBox, 50% of the IDFC FIRST Bank Business Loan Officers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Business Loan Officer Salaries

IDFC FIRST Bank Business Loan Officer salary in India ranges between ₹2.3 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.