IDFC FIRST Bank Mumbai Chief Manager Salaries by 300+ Employees (Updated 2025)

5 - 20 years exp.

₹10 Lakhs - ₹36 Lakhs

Salary of majority employees

Fixed (89%)

₹20.1 Lakhs

Variable (11%)

₹2.4 Lakhs

At par with the average Chief Manager Salary in Banking Companies for 5 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 5 - 20 years exp. (82 salaries)	₹10 L/yr - ₹33.6 L/yr
Finance & Accounting Chief Manager Salary 5 - 18 years exp. (36 salaries)	₹13 L/yr - ₹31 L/yr
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Project & Program Management Chief Manager Salary 5 - 19 years exp. (34 salaries)	₹14.7 L/yr - ₹35 L/yr
Customer Success, Service & Operations Chief Manager Salary 11 - 20 years exp. (33 salaries)	₹11.3 L/yr - ₹22.1 L/yr
Data Science & Analytics Chief Manager Salary 5 - 16 years exp. (27 salaries)	₹14.5 L/yr - ₹34.5 L/yr

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Last Updated: 23 Mar 2025

Companies similar to IDFC FIRST Bank for Chief Manager in Mumbai

IDFC FIRST Bank Chief Manager Salary

5 - 20 years exp. (368 salaries)

₹10 L/yr - ₹36 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Chief Manager Salary 5 - 23 years exp. (968 salaries)	₹13.7 L/yr - ₹39 L/yr 13% more
Kotak Mahindra Bank Chief Manager Salary 7 - 19 years exp. (395 salaries)	₹7.5 L/yr - ₹27.5 L/yr 18% less
Login to view exact salary
IndusInd Bank Chief Manager Salary 3 - 19 years exp. (317 salaries)	₹5.8 L/yr - ₹18 L/yr 49% less	1 job opening
Union Bank of India Chief Manager Salary 10 - 17 years exp. (65 salaries)	₹13 L/yr - ₹42 L/yr 38% more
Central Bank of India Chief Manager Salary 11 - 17 years exp. (14 salaries)	₹20 L/yr - ₹50 L/yr 37% more
Canara Bank Chief Manager Salary 10 - 18 years exp. (11 salaries)	₹13.8 L/yr - ₹27 L/yr 12% more
Utkarsh Small Finance Bank Chief Manager Salary 9 - 19 years exp. (11 salaries)	₹11 L/yr - ₹18 L/yr 34% less
UCO Bank Chief Manager Salary 10 - 13 years exp. (11 salaries)	₹20 L/yr - ₹32 L/yr 30% more
Yes Bank Chief Manager Salary 3 - 12 years exp. (6 salaries)	₹13 L/yr - ₹24.8 L/yr 7% less
Karur Vysya Bank Chief Manager Salary 13 - 16 years exp. (6 salaries)	₹20 L/yr - ₹29 L/yr 5% more
Ujjivan Small Finance Bank Chief Manager Salary 2 - 5 years exp. (3 salaries)	₹12.5 L/yr - ₹17.6 L/yr 38% less
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Chief Manager salary at IDFC FIRST Bank ranges between ₹10 Lakhs to ₹36 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 368 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Chief Manager salaries in Mumbai

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
5 years (19 salaries)	₹16.3 L/yr - ₹31 L/yr
6 years (20 salaries)	₹16.1 L/yr - ₹32 L/yr
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7 years (24 salaries)	₹13 L/yr - ₹35 L/yr
8 years (17 salaries)	₹14.5 L/yr - ₹31.1 L/yr
9 years (28 salaries)	₹13 L/yr - ₹34 L/yr
10 years (30 salaries)	₹11 L/yr - ₹30 L/yr
11 years (26 salaries)	₹11.3 L/yr - ₹35 L/yr
12 years (24 salaries)	₹12 L/yr - ₹30 L/yr
13 years (25 salaries)	₹12.2 L/yr - ₹36 L/yr
14 years (32 salaries)	₹11.3 L/yr - ₹31.4 L/yr
15+ years (123 salaries)	₹10 L/yr - ₹33.6 L/yr

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From

Chief Manager

₹

Lakhs/yr

5 - 20 years exp.

Vice President

₹

Lakhs/yr

11 - 22 years exp.

Chief Manager 5 - 20 years exp.

Associate Vice President 8 - 18 years exp.

33% hike

Vice President 11 - 22 years exp.

48% hike

From

Chief Manager

5 - 20 years exp.

Assistant Vice President

10 - 21 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(599 salaries)

₹3 L/yr - ₹9.5 L/yr

Credit Manager Salary

(211 salaries)

₹3 L/yr - ₹13 L/yr

Sales Officer Salary

(162 salaries)

₹1.15 L/yr - ₹4.8 L/yr

Sales Manager Salary

(136 salaries)

₹3 L/yr - ₹11.4 L/yr

Territory Manager Salary

(70 salaries)

₹4.1 L/yr - ₹14 L/yr

Branch Manager Salary

(54 salaries)

₹8 L/yr - ₹27.6 L/yr

Operations Manager Salary

(49 salaries)

₹4.6 L/yr - ₹11.61 L/yr

Area Sales Manager Salary

(32 salaries)

₹8.5 L/yr - ₹24 L/yr

Cluster Manager Salary

(7 salaries)

₹10.5 L/yr - ₹21 L/yr

Area Manager Salary

(3 salaries)

₹10.5 L/yr - ₹15.5 L/yr

Salary related reviews for IDFC FIRST Bank

4.0

Rated by 29 employees for salary & benefits

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

Senior Relationship Manager in Shivamogga

Full Time

Finance & Accounting Department

5.0

• posted on 08 Nov 2024

5.0

for Salary and Benefits

Likes

On time salary and weekly off. And our products and policy is very simple and and S_. _C APPLICATION to work easily

Salary - Excellent

+6 more

Dislikes

In our branch we don't have customer meeting room . It's very shameful me when I discussions with customer

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 manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IDFC FIRST Bank Chief Manager Salary FAQs

What is the salary of Chief Manager at IDFC FIRST Bank in Mumbai?

The average salary of a Chief Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹10.0 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 5 years to 20 years).

The top 10% of Chief Manager in Mumbai at IDFC FIRST Bank earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹34.4 Lakhs per year. Chief 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 300+ IDFC FIRST Bank employees in India.

What is the estimated take home salary of a Chief Manager at IDFC FIRST Bank in Mumbai?

The estimated take-home salary of a Chief Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹1,45,102 to ₹1,50,526 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 5 years to 20 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 300+ 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 Chief Manager in India?

Union Bank of India	₹13.0 Lakhs to ₹42.0 Lakhs per year
Central Bank of India	₹20.0 Lakhs to ₹50.0 Lakhs per year
UCO Bank	₹20.0 Lakhs to ₹32.0 Lakhs per year
ICICI Bank	₹13.7 Lakhs to ₹39.0 Lakhs per year
Canara Bank	₹13.8 Lakhs to ₹27.0 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.

What is the salary of a Chief Manager in companies similar to IDFC FIRST Bank in Mumbai?

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

Karur Vysya Bank	₹20.0 Lakhs to ₹29.0 Lakhs per year
Yes Bank	₹13.0 Lakhs to ₹24.8 Lakhs per year
Kotak Mahindra Bank	₹7.5 Lakhs to ₹27.5 Lakhs per year
Utkarsh Small Finance Bank	₹11.0 Lakhs to ₹18.0 Lakhs per year
Ujjivan Small Finance Bank	₹12.5 Lakhs to ₹17.6 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 Chief Manager at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
5 years	₹16.3 Lakhs to ₹31.0 Lakhs per year
6 years	₹16.1 Lakhs to ₹32.0 Lakhs per year
7 years	₹13.0 Lakhs to ₹35.0 Lakhs per year
8 years	₹14.5 Lakhs to ₹31.1 Lakhs per year

and so on.

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IDFC FIRST Bank Chief Manager Salaries in Mumbai

IDFC FIRST Bank Chief Manager salary in Mumbai ranges between ₹10 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 368 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Chief Manager salaries in Mumbai (Updated 2025)

Companies similar to IDFC FIRST Bank for Chief Manager in Mumbai

Latest annual salaries shared by IDFC FIRST Bank Chief Manager in Mumbai

Experience wise IDFC FIRST Bank Chief Manager salaries in Mumbai

Similar Designation salaries in IDFC FIRST Bank

Salary related reviews for IDFC FIRST Bank

Assistant Vice President in Hyderabad / Secunderabad

Senior Relationship Manager in Shivamogga

Territory Manager in Kolkata

Branch Manager in Surat

Sales Executive in New Delhi

IDFC FIRST Bank Chief Manager Salary FAQs

Tell us how to improve this page.