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IDFC FIRST Bank Business Manager salaries in India

Annual salary range
5 - 13 years exp.
₹5 Lakhs - ₹14.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (100%)
₹9.8 Lakhs
Variable (0%)
₹0.0
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13% less than the average Business Manager Salary in Banking Companies for 5 - 13 years of experience

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Salaries in different departments

Marketing & Communication
Business Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹19.8 L/yr - ₹24.2 L/yr

Sales & Business Development
Business Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.4 L/yr

Last Updated: 10 Dec 2023

Companies similar to IDFC FIRST Bank for Business Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Business Manager Salary

2 - 9 years exp. (3 salaries)

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₹5.5 L/yr - ₹9 L/yr

arrow icon 9% less
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ICICI Bank Business Manager Salary

0 - 12 years exp. (20 salaries)

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₹3.5 L/yr - ₹10 L/yr

arrow icon 39% less
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Axis Bank Business Manager Salary

5 - 14 years exp. (78 salaries)

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₹4 L/yr - ₹13.5 L/yr

arrow icon 9% less
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Kotak Mahindra Bank Business Manager Salary

3 - 14 years exp. (31 salaries)

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₹6.8 L/yr - ₹15.4 L/yr

arrow icon 7% more
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IndusInd Bank Business Manager Salary

0 - 12 years exp. (27 salaries)

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₹2.5 L/yr - ₹10.7 L/yr

arrow icon 30% less
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Yes Bank Business Manager Salary

5 - 7 years exp. (6 salaries)

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₹6.3 L/yr - ₹17 L/yr

arrow icon 9% more
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RBL Bank Business Manager Salary

0 - 6 years exp. (4 salaries)

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₹11 L/yr - ₹12.6 L/yr

arrow icon 21% more
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Bandhan Bank Business Manager Salary

3 - 9 years exp. (6 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 61% less
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Standard Chartered Business Manager Salary

2 - 5 years exp. (11 salaries)

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₹10.6 L/yr - ₹23 L/yr

arrow icon 101% more
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₹11 L/yr - ₹23 L/yr

arrow icon 87% more
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₹4.8 L/yr - ₹9 L/yr

arrow icon 26% less
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₹4.5 L/yr - ₹19.9 L/yr

arrow icon 21% more
Business Manager salary at IDFC FIRST Bank ranges between ₹5 Lakhs to ₹14.7 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Business Manager

1y ago
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6 years exp.
1y ago
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13 years exp.
1y ago
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5 years exp.

Experience wise IDFC FIRST Bank Business Manager salaries

Last Updated: 10 Dec 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹22 L/yr
6 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹24.2 L/yr
7 years (AmbitionBox Estimate)

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₹11 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.6 L/yr
9 years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.2 L/yr
View all

Similar Designation salaries in IDFC FIRST Bank

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₹8.01 L/yr - ₹20.19 L/yr
Branch Manager Salary
(629 salaries)
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₹6.25 L/yr - ₹26.37 L/yr
Sales Manager Salary
(993 salaries)
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₹2.15 L/yr - ₹9.93 L/yr
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₹12.3 L/yr - ₹39 L/yr
Store Manager Salary
(4 salaries)
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₹6.2 L/yr - ₹10.93 L/yr
Area Manager Salary
(26 salaries)
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₹5 L/yr - ₹18 L/yr
Deputy Manager Salary
(2.7k salaries)
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₹2.15 L/yr - ₹9.5 L/yr
Territory Manager Salary
(800 salaries)
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₹3.85 L/yr - ₹13 L/yr
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₹7.02 L/yr - ₹24 L/yr
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₹5 L/yr - ₹13 L/yr

Salary related reviews for IDFC FIRST Bank

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.

  • Salary - Good

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.

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 27 Jan 2025

5.0
 for  Salary and Benefits

Likes

Salary they provide is As per standards and even better in some cases.

  • Salary - Excellent
  • +1 more

Dislikes

In you are working in sales domain then it's almost impossible to meet target if you are in certain departments , so do your research before joining

read more
  • Job security - Poor
  • +2 more

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

 · 

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

read more

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
see more salary related reviews

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IDFC FIRST Bank Business Manager Salary FAQs

What is the salary of Business Manager at IDFC FIRST Bank ?
The average salary of a Business Manager at IDFC FIRST Bank in India typically ranges from ₹5.0 Lakhs to ₹14.7 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Business Manager at IDFC FIRST Bank earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Business Manager 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 4 IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Business Manager at IDFC FIRST Bank in India?
The estimated take-home salary of a Business Manager at IDFC FIRST Bank in India typically ranges from ₹70,701 to ₹72,520 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹14.7 Lakhs per year for employees with experience ranging from 5 years to 13 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 4 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 Business Manager in India?
Standard Chartered ₹10.6 Lakhs to ₹23.0 Lakhs per year
HSBC Global Banking and Markets ₹11.0 Lakhs to ₹23.0 Lakhs per year
RBL Bank ₹11.0 Lakhs to ₹12.6 Lakhs per year
Ujjivan Small Finance Bank ₹4.5 Lakhs to ₹19.9 Lakhs per year
Yes Bank ₹6.3 Lakhs to ₹17.0 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 Business Manager in companies similar to IDFC FIRST Bank in India?
The salary of a Business Manager at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹6.8 Lakhs to ₹15.4 Lakhs per year
Axis Bank ₹4.0 Lakhs to ₹13.5 Lakhs per year
HDFC Bank ₹5.5 Lakhs to ₹9.0 Lakhs per year
Jana Small Finance Bank ₹4.8 Lakhs to ₹9.0 Lakhs per year
IndusInd Bank ₹2.5 Lakhs to ₹10.7 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 Business Manager at IDFC FIRST Bank in India?
The salary growth for a Business Manager at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Business Manager can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
5 years ₹5.9 Lakhs to ₹22.0 Lakhs per year
6 years ₹5.4 Lakhs to ₹24.2 Lakhs per year
7 years ₹11.0 Lakhs to ₹14.0 Lakhs per year
8 years ₹9.9 Lakhs to ₹12.6 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Business Manager salary in India ranges between ₹5 Lakhs to ₹14.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.