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4.0

based on 10k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Salaries in Chennai

based on 1.9k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
1 - 4 years exp. · Chennai (3 salaries)
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₹2.2 L/yr - ₹3 L/yr

1 - 3 years exp. · Chennai (3 salaries)
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₹7 L/yr - ₹10.7 L/yr

3 - 6 years exp. · Chennai (3 salaries)
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₹2.7 L/yr - ₹5.9 L/yr

5 - 14 years exp. · Chennai (3 salaries)
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₹7 L/yr - ₹20.7 L/yr

17 - 18 years exp. · Chennai (3 salaries)
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₹24.8 L/yr - ₹26.8 L/yr

1 - 2 years exp. · Chennai (3 salaries)
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₹1.3 L/yr - ₹2.9 L/yr

10 - 12 years exp. · Chennai (3 salaries)
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₹11.1 L/yr - ₹13 L/yr

5 - 6 years exp. · Chennai (3 salaries)
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₹5 L/yr - ₹7 L/yr

1 - 2 years exp. · Chennai (3 salaries)
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₹4.2 L/yr - ₹8.5 L/yr

1 - 2 years exp. · Chennai (3 salaries)
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₹2.8 L/yr - ₹3.6 L/yr

6 - 10 years exp. · Chennai (3 salaries)
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₹5.6 L/yr - ₹10 L/yr

8 - 10 years exp. · Chennai (3 salaries)
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₹12 L/yr - ₹16.5 L/yr

1 - 8 years exp. · Chennai (3 salaries)
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₹6 L/yr - ₹8.4 L/yr

3 - 6 years exp. · Chennai (3 salaries)
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₹4.1 L/yr - ₹5 L/yr

3 - 5 years exp. · Chennai (3 salaries)
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₹9.3 L/yr - ₹10.3 L/yr

2 - 6 years exp. · Chennai (3 salaries)
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₹2.7 L/yr - ₹3.4 L/yr

2 - 3 years exp. · Chennai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.1 L/yr

9 years exp. · Chennai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹11.9 L/yr

5 - 6 years exp. · Chennai (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

19 - 21 years exp. · Chennai (AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr

Last Updated: 30 Jan, 2025

Salary related reviews for IDFC FIRST Bank

4.2

Rated by 252 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Sep 2023

2.0
 for  Salary and Benefits

Likes

Currently, the pay they are offering is good

Dislikes

...e a fancy job discription and in relaity, the job we do is completely different. They harras employees and even after resigning, they harrass for due payment.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 08 May 2023

2.0
 for  Salary and Benefits

Likes

IDFC first bank working culture is amazing. But little bit changes need like carrier growth and salary perks. Eg.am working with idfc for past 8 years, but have not getting salary increasment and designation role too. I don't know how to work for getting this.? Even Month by Month achieved 140 above % and met all the parameters as per Bank expectations.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

...y carrier past 8years my supervisor only getting all the benefits from bank end. Like salary increase and designation change also . I started my carrier at IDFC as a sale's manager after 8 years completed as a sale's manager only. I don't know how to getting the next position in IDFC? Even I achieve all the parameters in terms of business and collection's, digital initiates.for above 140%.

read more
  • Salary - Poor
  • +1 more

Food, Beverage & Hospitality Department

1.0
  •  posted on 30 Apr 2021

1.0
 for  Salary and Benefits

Likes

...t at all employee friendly, appraisals are not at all fair and extremely biased. Hike bonus structure is not properly designed. Overall pathetic work culture.

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Dislikes

There is a lots of politics in term of promotion and hike. No growth at all, they want staffs to work for atleast 12 hrs a day. No work life balance and staffs have been asked to work on holidays too. Not a place to grow.

read more
  • Salary - Bad
  • +6 more

Sales Department

4.0
  •  posted on 03 Aug 2021

5.0
 for  Salary and Benefits

Likes

Good work culture more like international banks, salary and employe benefits are best in the industry. Job security is the best part of the bank. They treated every employees as their family even in lockdown period!

read more
  • Salary - Excellent
  • +5 more

Dislikes

Middle level management is the problem they put unnecessary pressure. Otherwise it's good work place to learn and work!

Other Department

4.0
  •  posted on 13 Apr 2021

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

  • Company culture - Good

Dislikes

Company policies are good, appraisal are not fair and they give not a good salary hike and bonus every year. Career growth is slow.

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  • Work-life balance - Poor
see more salary related reviews

IDFC FIRST Bank Salary FAQs

How much does IDFC FIRST Bank pay per year?
The average IDFC FIRST Bank salary ranges from approximately ₹1.2 Lakh to ₹1.3 Lakh per year for a Reconciliation Executive and ₹73 Lakhs to ₹1 Crore per year for a Senior Director. Salary estimates are based on 1.9k IDFC FIRST Bank salaries received from various employees of IDFC FIRST Bank. IDFC FIRST Bank employees rate the overall salary and benefits package 4.2/5 stars.
What is the highest salary in IDFC FIRST Bank?
The highest-paying job at IDFC FIRST Bank is a Senior Director with a salary of ₹73 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹18 lakhs per year. The top 1% earn more than a whopping ₹41.35 lakhs per year.
What is the minimum salary in IDFC FIRST Bank?
Minimum salary at IDFC FIRST Bank depends on the role you are applying for. For Sales Officer the minimum salary is ₹1 Lakh to ₹5 Lakhs per year, and for Senior Officer the minimum salary is ₹1.9 Lakh to ₹5.5 Lakhs per year and so on.
What is the salary package for freshers in IDFC FIRST Bank?
The average salary at IDFC FIRST Bank for freshers varies from ₹1.1 Lakh to ₹1.4 Lakh per year for Financial Consultant and ₹20 Lakhs to ₹23 Lakhs per year for Associate Data Analyst.
What is the notice period at IDFC FIRST Bank in Chennai?
According to AmbitionBox, 54% of the IDFC FIRST Bank employees in Chennai reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 1.2k responses on AmbitionBox in last 2 years.

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Average annual salary in IDFC FIRST Bank , Chennai is INRunlock blur . Salary estimates are based on 1.9k IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

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