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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Salaries in Chennai (Updated 2025)

based on 2k 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
2 - 5 years exp. · Chennai (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.6 L/yr

3 - 4 years exp. · Chennai (AmbitionBox Estimate)
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₹17.8 L/yr - ₹20.7 L/yr

17 - 20 years exp. · Chennai (AmbitionBox Estimate)
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₹34.4 L/yr - ₹38 L/yr

2 - 3 years exp. · Chennai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

5 - 7 years exp. · Chennai (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.5 L/yr

4 - 6 years exp. · Chennai (AmbitionBox Estimate)
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₹6.2 L/yr - ₹7.7 L/yr

1 year exp. · Chennai (AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr

6 - 9 years exp. · Chennai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹14 L/yr

4 - 9 years exp. · Chennai (AmbitionBox Estimate)
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₹6 L/yr - ₹10 L/yr

4 - 10 years exp. · Chennai (AmbitionBox Estimate)
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₹5.5 L/yr - ₹14.3 L/yr

5 years exp. · Chennai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.5 L/yr

10 - 13 years exp. · Chennai (AmbitionBox Estimate)
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₹8 L/yr - ₹9.2 L/yr

16 - 17 years exp. · Chennai (AmbitionBox Estimate)
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₹33.3 L/yr - ₹42.6 L/yr

4 - 5 years exp. · Chennai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.4 L/yr

8 - 11 years exp. · Chennai (AmbitionBox Estimate)
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₹11 L/yr - ₹14.1 L/yr

2 - 4 years exp. · Chennai (AmbitionBox Estimate)
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₹2 L/yr - ₹2.2 L/yr

20 - 23 years exp. · Chennai (AmbitionBox Estimate)
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₹23 L/yr - ₹29 L/yr

6 - 8 years exp. · Chennai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

5 - 7 years exp. · Chennai (AmbitionBox Estimate)
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₹4.3 L/yr - ₹6.3 L/yr

4 - 5 years exp. · Chennai (AmbitionBox Estimate)
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₹3 L/yr - ₹4.4 L/yr

Last Updated: 20 Mar, 2025

Salary related reviews for IDFC FIRST Bank

4.1

Rated by 255 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!

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  • 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 to its employees?
The average annual salary at IDFC FIRST Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at IDFC FIRST Bank, are as follows:

Coordinator ₹2.2 Lakhs to ₹2.6 Lakhs per year
Devops Engineer ₹17.8 Lakhs to ₹20.7 Lakhs per year
Vice President Sales ₹34.4 Lakhs to ₹38 Lakhs per year
Collection Executive Officer ₹1.8 Lakhs to ₹2.3 Lakhs per year

The highest-paying role, Senior Engineering Manager, earns between ₹50 Lakhs to ₹93.6 Lakhs per year. The top 10% of employees earn more than ₹18 Lakhs per year, and the top 1% earn over ₹42 Lakhs per year. 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 salary estimates are based on data from 2k salaries submitted by IDFC FIRST Bank employees. IDFC FIRST Bank is rated 4.1 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at IDFC FIRST Bank in Chennai?
The salary of a fresher at IDFC FIRST Bank in Chennai typically ranges from ₹1 Lakh to ₹20.7 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Sales Officer Salary ₹1.1 Lakhs to ₹4.5 Lakhs per year
Fresher as a Banking Officer Salary ₹2.4 Lakhs to ₹4 Lakhs per year
Fresher as a Senior Banking Officer Salary ₹2.8 Lakhs to ₹4.3 Lakhs per year
Fresher as a Deputy Manager Salary ₹3 Lakhs to ₹6.1 Lakhs per year

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Average annual salary in IDFC FIRST Bank , Chennai is INRunlock blur . Salary estimates are based on 2k IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

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