IDFC FIRST Bank Mumbai Cluster Head Salaries by 10+ Employees (Updated 2025)

12 - 18 years exp.

₹19.5 Lakhs - ₹38.8 Lakhs

Salary of majority employees

61% more than the average Cluster Head Salary in Banking Companies for 12 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Head Salary 12 - 18 years exp. (7 salaries)	₹20 L/yr - ₹36 L/yr
Sales & Business Development Cluster Head Salary 15 - 18 years exp. (5 salaries)	₹19.5 L/yr - ₹23 L/yr
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Finance & Accounting Cluster Head Salary 18 years exp. (AmbitionBox Estimate)	₹16.8 L/yr - ₹38.8 L/yr

Last Updated: 6 Aug 2024

Companies similar to IDFC FIRST Bank for Cluster Head in Mumbai

IDFC FIRST Bank Cluster Head Salary

12 - 18 years exp. (15 salaries)

₹19.5 L/yr - ₹38.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Head Salary 10 - 22 years exp. (17 salaries)	₹12.8 L/yr - ₹31.9 L/yr 6% less
ICICI Bank Cluster Head Salary 11 - 15 years exp. (4 salaries)	₹8.3 L/yr - ₹20.5 L/yr 42% less
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Axis Bank Cluster Head Salary 12 - 20 years exp. (3 salaries)	₹14 L/yr - ₹36 L/yr 16% less
Yes Bank Cluster Head Salary 13 - 22 years exp. (22 salaries)	₹16.8 L/yr - ₹47 L/yr 17% more
RBL Bank Cluster Head Salary 17 - 22 years exp. (5 salaries)	₹21.9 L/yr - ₹27.9 L/yr 3% less
Bandhan Bank Cluster Head Salary 18 - 20 years exp. (4 salaries)	₹22.6 L/yr - ₹40 L/yr 33% more
Jana Small Finance Bank Cluster Head Salary 7 - 15 years exp. (11 salaries)	₹5.6 L/yr - ₹14 L/yr 64% less

Cluster Head salary at IDFC FIRST Bank ranges between ₹19.5 Lakhs to ₹38.8 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 15 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Cluster Head salaries in Mumbai

Last Updated: 6 Aug 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹30 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹25 L/yr
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14 years (AmbitionBox Estimate)	₹20 L/yr - ₹43.4 L/yr
15+ years (12 salaries)	₹19.5 L/yr - ₹38.8 L/yr

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(589 salaries)

₹3 L/yr - ₹10.03 L/yr

Sales Officer Salary

(166 salaries)

₹1.15 L/yr - ₹4.8 L/yr

Sales Manager Salary

(140 salaries)

₹3 L/yr - ₹10.2 L/yr

Sales Executive Salary

(83 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Team Lead Salary

(78 salaries)

₹2.2 L/yr - ₹9.36 L/yr

Territory Manager Salary

(72 salaries)

₹4.1 L/yr - ₹12.5 L/yr

Branch Manager Salary

(51 salaries)

₹6.68 L/yr - ₹27.9 L/yr

Cluster Manager Salary

(5 salaries)

₹15.32 L/yr - ₹21 L/yr

Area Manager Salary

(3 salaries)

₹10.5 L/yr - ₹15.5 L/yr

Top skills at IDFC FIRST Bank for Cluster Head

Competitive Intelligence Operations Penetration Customer Service Automation Branch Banking Branch Banking Monitoring Employee Relations Business process Customer Acquisition Recruitment Network Expansion Business Banking Service Quality

Salary related reviews for IDFC FIRST Bank

4.2

Rated by 4 employees for salary & benefits

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.

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.

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jun 2024

5.0

for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

Dislikes

No dislikes as such

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

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

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.

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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IDFC FIRST Bank Cluster Head Salary FAQs

What is the salary of Cluster Head at IDFC FIRST Bank Mumbai?

Cluster Head salary at IDFC FIRST Bank in Mumbai ranges between ₹19.5 Lakhs to ₹38.8 Lakhs for experience between 12 years to 18 years. According to our estimates it is 61% more than the average Cluster Head Salary in India. Salary estimates are based on 15 latest salaries received from various employees of IDFC FIRST Bank Mumbai.

How does the salary of a Cluster Head at IDFC FIRST Bank Mumbai compare with the average salary range for this job?

The average salary of a Cluster Head at IDFC FIRST Bank is 61% more than the average salary of a Cluster Head in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Head at IDFC FIRST Bank?

Competitive Intelligence, Operations, Penetration, Customer Service and Automation are some of the popular skills required to work as a Cluster Head at IDFC FIRST Bank Mumbai.

Which similar companies are paying more than IDFC FIRST Bank to a Cluster Head in Mumbai?

Bandhan Bank Cluster Head Salary - ₹22.6 Lakhs to ₹40.0 Lakhs per year
Yes Bank Cluster Head Salary - ₹16.8 Lakhs to ₹47.0 Lakhs per year

What is the salary of a Cluster Head in companies similar to IDFC FIRST Bank in Mumbai?

RBL Bank Cluster Head Salary - ₹21.9 Lakhs to ₹27.9 Lakhs per year
HDFC Bank Cluster Head Salary - ₹12.8 Lakhs to ₹31.9 Lakhs per year
Axis Bank Cluster Head Salary - ₹14.0 Lakhs to ₹36.0 Lakhs per year
ICICI Bank Cluster Head Salary - ₹8.3 Lakhs to ₹20.5 Lakhs per year
Jana Small Finance Bank Cluster Head Salary - ₹5.6 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Cluster Head at IDFC FIRST Bank ranges between ₹1,61,998 per month to ₹1,68,186 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Cluster Head salary in India which ranges between ₹19.5 Lakhs to ₹38.8 Lakhs per year for employees with experience between 12 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Cluster Head at IDFC FIRST Bank in Mumbai?

According to AmbitionBox, 91% of the IDFC FIRST Bank Cluster Heads in Mumbai reported a notice period of 3 Months, 9% reported a notice period of 2 Months.This is based on 11 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Cluster Head Salaries in Mumbai

IDFC FIRST Bank Cluster Head salary in Mumbai ranges between ₹19.5 Lakhs to ₹38.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.