IDFC FIRST Bank Salaries by Employees (Updated 2024)

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Salary related reviews for IDFC FIRST Bank

Senior Banking Officer in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

3.0

• posted on 07 Jul 2022

1.0

for Salary and Benefits

Likes

Job security is there. Salary credits on time. Leaves are not sufficient but your manager will let you take unplanned leaves as well in case of emergency.

Dislikes

The culture is so terrible at IDFC. They will make you work like anything which is not equivalent to the pay that they provide. Senior level people are at ease as they transfer their complete workload on the subordinates. Person who can't keep up with the corporate politics, won't be able to survive at IDFC First Bank.

Sales Manager in Mumbai

Marketing & Communication Department

3.0

• posted on 22 Mar 2019

3.0

for Salary and Benefits

Likes

Only the fact that you learn something and there is a job security and timely salary.

Dislikes

Upper management is pathetic "no personnel life for you" is there motto you will have to work on weekend on leave even when you are sick. Due to which there is high attrition ratio.

Acquisition Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 20 Nov 2024

4.0

for Salary and Benefits

Likes

...hat you get after joining the Idfc first bank 1. You get a family mediclaim. 2. You get bonus as you complete 1 year. 3. You get Travel Expense. 4. You get reimbursement of you monthly phone bill

Dislikes

Company's Culture is not good, So before joining the retail banking in Idfc First bank think twice .

Teller in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 Nov 2024

4.0

for Salary and Benefits

Likes

Only their salary structure is good.

Dislikes

I resigned from this job because there was too much of favoritism specially in their Lower Parel branch. There is this person name Ajeetkumar Pandey (Branch Relationship Manager) who was previously Banker Authoriser is worst. 10 to 12 tellers/ cashier have resigned because of him. He is very smart in terms of office politics. And if people try to complain to the HR then he fulfills the branch's target so HR won't blame or question him. Worst HR and management.

Production Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 08 Nov 2024

3.0

for Salary and Benefits

Likes

Salary structure is good depend on the role.

Dislikes

There is no fixed working hours. Partiality between employees by manager. Recession without any reason. No one listen employee concern. Overall Working culture is terrible.

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IDFC FIRST Bank interview questions by designations

Relationship Manager (26)Branch Manager (24)Sales Officer (20)Assistant Manager (20)

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IDFC FIRST Bank Salary FAQs

What is the notice period at IDFC FIRST Bank?

According to AmbitionBox, 50% of the IDFC FIRST Bank employees reported a notice period of 2 Months, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.