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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Channel Business Manager salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹1.8 Lakh - ₹4 Lakhs
Salary of majority employees
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30% less than the average Channel Business Manager Salary in Banking Companies for 1 - 7 years of experience

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Salaries in different departments

Sales & Business Development
Channel Business Manager Salary
1 - 7 years exp. (12 salaries)
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₹2 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Channel Business Manager Salary
2 - 7 years exp. (8 salaries)
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₹2.5 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Channel Business Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3 L/yr

Engineering - Software & QA
Channel Business Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3 L/yr

Last Updated: 2 Mar 2025

Companies similar to IDFC FIRST Bank for Channel Business Manager

Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹5 L/yr

arrow icon 40% more
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₹15 L/yr - ₹25 L/yr

arrow icon 701% more
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₹27 L/yr - ₹55 L/yr

arrow icon 1444% more
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Truecaller Channel Business Manager Salary

8 - 11 years exp. (4 salaries)

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₹19.3 L/yr - ₹35 L/yr

arrow icon 848% more
Channel Business Manager salary at IDFC FIRST Bank ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 33 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Channel Business Manager

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Experience wise IDFC FIRST Bank Channel Business Manager salaries

Last Updated: 2 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
2 years  (5 salaries)

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₹1.8 L/yr - ₹3.5 L/yr
3 years  (5 salaries)

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₹2 L/yr - ₹3.5 L/yr
4 years  (9 salaries)

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₹2.5 L/yr - ₹3.1 L/yr
5 years  (10 salaries)

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₹1.8 L/yr - ₹4 L/yr
View all

Similar Designation salaries in IDFC FIRST Bank

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₹8.01 L/yr - ₹20.19 L/yr
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₹4.95 L/yr - ₹14.65 L/yr
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₹28 L/yr - ₹54 L/yr
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₹4.1 L/yr - ₹13.05 L/yr
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₹7.02 L/yr - ₹24 L/yr
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₹5 L/yr - ₹13 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
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₹2.5 L/yr - ₹5.84 L/yr
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₹3.4 L/yr - ₹12.09 L/yr

Salary related reviews for IDFC FIRST Bank

3.4

Rated by 15 employees for salary & benefits

Other Department

4.0
  •  posted on 16 Sep 2020

4.0
 for  Salary and Benefits

Likes

Good work environment and culture.

  • Salary - Good
  • +5 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow.there is a bond of 2 years before which you cannot resign.on the job training is not given to new joinees.

read more

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

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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.

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  • Salary - Bad
  • +5 more
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IDFC FIRST Bank Channel Business Manager Salary FAQs

What is the salary of Channel Business Manager at IDFC FIRST Bank ?
The average salary of a Channel Business Manager at IDFC FIRST Bank in India typically ranges from ₹1.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Channel Business Manager at IDFC FIRST Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Channel 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 30+ IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Channel Business Manager at IDFC FIRST Bank in India?
The estimated take-home salary of a Channel Business Manager at IDFC FIRST Bank in India typically ranges from ₹19,908 to ₹21,572 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 7 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 30+ 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 Channel Business Manager in India?
Milestone Systems ₹27.0 Lakhs to ₹55.0 Lakhs per year
Truecaller ₹19.3 Lakhs to ₹35.0 Lakhs per year
Honeywell Automation ₹15.0 Lakhs to ₹25.0 Lakhs per year
AU Small Finance Bank ₹3.5 Lakhs to ₹5.0 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.
How the salary growth look like for a Channel Business Manager at IDFC FIRST Bank in India?
The salary growth for a Channel Business Manager at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Channel Business Manager can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
1 year ₹1.1 Lakhs to ₹3.0 Lakhs per year
2 years ₹1.8 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.0 Lakhs to ₹3.5 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.1 Lakhs per year
and so on.

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IDFC FIRST Bank Channel Business Manager salary in India ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 33 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.