IDFC FIRST Bank Business Officer Salaries by 4 Employees

1 - 5 years exp.

₹3.2 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Business Officer Salary in Banking Companies for 1 - 5 years of experience

Interested in this particular role?

Last Updated: 14 Mar 2023

Companies similar to IDFC FIRST Bank for Business Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Officer Salary 0 - 5 years exp. (6 salaries)	₹1 L/yr - ₹3 L/yr 37% less
IndusInd Bank Business Officer Salary 0 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹5 L/yr 14% less
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Zuventus Healthcare Business Officer Salary 0 - 4 years exp. (166 salaries)	₹2 L/yr - ₹4.5 L/yr 1% more	71 job openings
Kurlon Business Officer Salary 1 - 8 years exp. (165 salaries)	₹2.2 L/yr - ₹5.5 L/yr 5% more
Zydus Lifesciences Business Officer Salary 1 - 7 years exp. (122 salaries)	₹1.4 L/yr - ₹5.6 L/yr 16% more

Business Officer salary at IDFC FIRST Bank ranges between ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Business Officer salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr

Similar Designation salaries in IDFC FIRST Bank

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Area Business Manager Salary

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Area Manager Salary

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₹5 L/yr - ₹18 L/yr

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₹3.85 L/yr - ₹13 L/yr

Regional Business Manager Salary

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₹17 L/yr - ₹31 L/yr

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

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

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

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.

Salary - Poor

+5 more

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 28 Mar 2023

4.0

for Salary and Benefits

Likes

This is my first job and had great experience working in IDFC FIRST BANK. Got alot to learn and I got chance to built new skills. Work culture is smooth, on every level people guide and support so never felt lack of learning in any point of situation.

Salary - Good

+4 more

Dislikes

There is nothing to hate about IDFC , but no body can ever be satisfied from their salary, but obviously according to me salary offer to me was less as compared to market value my skills and knowledge hold , it's been one year , I am not seeing appraisal scope here , so planning to change my job , After all we all are here to earn and learn .

Promotions - Poor

see more salary related reviews

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IDFC FIRST Bank Business Officer Salary FAQs

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

The average salary of a Business Officer at IDFC FIRST Bank in India typically ranges from ₹3.2 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Business Officer at IDFC FIRST Bank earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Business Officer 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 Officer at IDFC FIRST Bank in India?

The estimated take-home salary of a Business Officer at IDFC FIRST Bank in India typically ranges from ₹24,711 to ₹26,154 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year to 5 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 Officer in India?

Zydus Lifesciences	₹1.4 Lakhs to ₹5.6 Lakhs per year
Kurlon	₹2.2 Lakhs to ₹5.5 Lakhs per year
Zuventus Healthcare	₹2.0 Lakhs to ₹4.5 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 Officer in companies similar to IDFC FIRST Bank in India?

The salary of a Business Officer at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank	₹1.8 Lakhs to ₹5.0 Lakhs per year
HDFC Bank	₹1.0 Lakhs to ₹3.0 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 Officer at IDFC FIRST Bank in India?

The salary growth for a Business Officer at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Business Officer can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹3.4 Lakhs per year
2 years	₹1.3 Lakhs to ₹3.4 Lakhs per year
3 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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IDFC FIRST Bank Business Officer Salaries

IDFC FIRST Bank Business Officer salary in India ranges between ₹3.2 Lakhs to ₹3.8 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.