IDFC FIRST Bank Business Manager Salaries by 4 Employees (Updated 2025)

5 - 13 years exp.

₹5 Lakhs - ₹14.7 Lakhs

Low Confidence

Salary of majority employees

12% 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)	₹19.8 L/yr - ₹24.2 L/yr
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Sales & Business Development Business Manager Salary 6 years exp. (AmbitionBox Estimate)	₹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
HDFC Bank Business Manager Salary 2 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr 9% less
ICICI Bank Business Manager Salary 0 - 12 years exp. (20 salaries)	₹3.5 L/yr - ₹10 L/yr 39% less
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Axis Bank Business Manager Salary 5 - 14 years exp. (78 salaries)	₹4 L/yr - ₹13.5 L/yr 9% less
Kotak Mahindra Bank Business Manager Salary 6 - 14 years exp. (30 salaries)	₹7.3 L/yr - ₹15.4 L/yr 5% more
IndusInd Bank Business Manager Salary 0 - 12 years exp. (27 salaries)	₹2.5 L/yr - ₹10.7 L/yr 30% less
Yes Bank Business Manager Salary 5 - 6 years exp. (6 salaries)	₹6.3 L/yr - ₹17 L/yr 9% more
RBL Bank Business Manager Salary 0 - 6 years exp. (4 salaries)	₹11 L/yr - ₹12.6 L/yr 21% more
Bandhan Bank Business Manager Salary 3 - 9 years exp. (6 salaries)	₹2.4 L/yr - ₹5 L/yr 61% less
Standard Chartered Business Manager Salary 2 - 5 years exp. (11 salaries)	₹10.6 L/yr - ₹23 L/yr 101% more
HSBC Global Banking and Markets Business Manager Salary 11 - 12 years exp. (7 salaries)	₹11 L/yr - ₹23 L/yr 87% more
Jana Small Finance Bank Business Manager Salary 2 - 9 years exp. (4 salaries)	₹4.8 L/yr - ₹9 L/yr 26% less
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Ujjivan Small Finance Bank Business Manager Salary 0 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹19.9 L/yr 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.

Experience wise IDFC FIRST Bank Business Manager salaries

Last Updated: 10 Dec 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹22 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹24.2 L/yr
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7 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
9 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11 L/yr
13 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr

View all

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Salary related reviews for IDFC FIRST Bank

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.

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.

Work satisfaction - Poor

+2 more

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

Territory Manager in Kolkata

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

Job security - Poor

+2 more

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

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.

Salary - Bad

+5 more

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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 Business Manager Salary FAQs

What is the salary of Business Manager at IDFC FIRST Bank?

Business Manager salary at IDFC FIRST Bank in India ranges between ₹5.0 Lakhs to ₹14.7 Lakhs for experience between 5 years to 13 years. According to our estimates it is 12% less than the average Business Manager 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 Manager at IDFC FIRST Bank India compare with the average salary range for this job?

The average salary of a Business Manager at IDFC FIRST Bank is 12% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.

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

Standard Chartered Business Manager Salary - ₹10.6 Lakhs to ₹23.0 Lakhs per year
HSBC Global Banking and Markets Business Manager Salary - ₹11.0 Lakhs to ₹23.0 Lakhs per year
RBL Bank Business Manager Salary - ₹11.0 Lakhs to ₹12.6 Lakhs per year
Ujjivan Small Finance Bank Business Manager Salary - ₹4.5 Lakhs to ₹19.9 Lakhs per year
Yes Bank Business Manager Salary - ₹6.3 Lakhs to ₹17.0 Lakhs per year

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

Kotak Mahindra Bank Business Manager Salary - ₹7.3 Lakhs to ₹15.4 Lakhs per year
Axis Bank Business Manager Salary - ₹4.0 Lakhs to ₹13.5 Lakhs per year
HDFC Bank Business Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
Jana Small Finance Bank Business Manager Salary - ₹4.8 Lakhs to ₹9.0 Lakhs per year
IndusInd Bank Business Manager Salary - ₹2.5 Lakhs to ₹10.7 Lakhs per year

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 ranges between ₹70,701 per month to ₹72,520 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Business Manager salary in India which ranges between ₹5.0 Lakhs to ₹14.7 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the IDFC FIRST Bank Business Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Business Manager Salaries

IDFC FIRST Bank Business Manager salary in India ranges between ₹5 Lakhs to ₹14.7 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.