IDFC FIRST Bank Credit Risk Manager Salaries by 9 Employees (Updated 2025)

1 - 5 years exp.

₹6.2 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

6% more than the average Credit Risk Manager Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Finance & Accounting Credit Risk Manager Salary 1 - 5 years exp. (3 salaries)	₹6.6 L/yr - ₹12.9 L/yr
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Risk Management & Compliance Credit Risk Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹20 L/yr

Last Updated: 15 Jan 2025

Companies similar to IDFC FIRST Bank for Credit Risk Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Risk Manager Salary 1 - 8 years exp. (90 salaries)	₹5 L/yr - ₹21.5 L/yr 15% less
ICICI Bank Credit Risk Manager Salary 0 - 5 years exp. (81 salaries)	₹7.5 L/yr - ₹24.9 L/yr 4% more
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Axis Bank Credit Risk Manager Salary 3 - 11 years exp. (14 salaries)	₹8 L/yr - ₹21 L/yr 12% less
Kotak Mahindra Bank Credit Risk Manager Salary 1 - 8 years exp. (20 salaries)	₹5.2 L/yr - ₹14 L/yr 37% less
IndusInd Bank Credit Risk Manager Salary 3 - 7 years exp. (5 salaries)	₹9.5 L/yr - ₹20.5 L/yr 4% less
Yes Bank Credit Risk Manager Salary 1 - 11 years exp. (101 salaries)	₹4.5 L/yr - ₹17 L/yr 34% less
RBL Bank Credit Risk Manager Salary 1 - 5 years exp. (10 salaries)	₹3.7 L/yr - ₹12.6 L/yr 49% less
Bandhan Bank Credit Risk Manager Salary 0 - 3 years exp. (4 salaries)	₹12 L/yr - ₹12.3 L/yr 19% less
IDBI Bank Credit Risk Manager Salary 5 - 16 years exp. (5 salaries)	₹18.2 L/yr - ₹25 L/yr 48% more
Standard Chartered Credit Risk Manager Salary 1 - 10 years exp. (14 salaries)	₹12 L/yr - ₹27 L/yr 23% more
Jana Small Finance Bank Credit Risk Manager Salary 3 - 11 years exp. (8 salaries)	₹5.6 L/yr - ₹19.9 L/yr 14% less
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Karur Vysya Bank Credit Risk Manager Salary 1 - 8 years exp. (7 salaries)	₹7.8 L/yr - ₹13.5 L/yr 31% less
Central Bank of India Credit Risk Manager Salary 0 - 3 years exp. (3 salaries)	₹17 L/yr - ₹18.5 L/yr 20% more
Ujjivan Small Finance Bank Credit Risk Manager Salary 5 - 12 years exp. (4 salaries)	₹12 L/yr - ₹17.5 L/yr 5% less
Utkarsh Small Finance Bank Credit Risk Manager Salary 2 - 8 years exp. (4 salaries)	₹4.3 L/yr - ₹7.1 L/yr 64% less
UCO Bank Credit Risk Manager Salary 4 - 11 years exp. (4 salaries)	₹6.4 L/yr - ₹18.4 L/yr 33% less
City Union Bank Credit Risk Manager Salary 1 - 12 years exp. (3 salaries)	₹4 L/yr - ₹14 L/yr 50% less

Credit Risk Manager salary at IDFC FIRST Bank ranges between ₹6.2 Lakhs to ₹25 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 9 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Credit Risk Manager salaries

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹9 L/yr - ₹22 L/yr
2 years (3 salaries)	₹6.2 L/yr - ₹25 L/yr
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3 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
4 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹22.8 L/yr
5 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹20.3 L/yr

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Salary related reviews for IDFC FIRST Bank

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

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

Salary - Good

+1 more

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.

Skill development - Bad

+4 more

Relationship Manager in Chennai

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.

Salary - Poor

+5 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 May 2023

3.0

for Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

Deputy Manager in Ahmedabad

Full Time

Sales & Business Development Department

1.0

• posted on 08 Jan 2023

5.0

for Salary and Benefits

Likes

Only Salary is the best part in IDFC FIRST BANK.

Salary - Excellent

Dislikes

... handle the pressure from their seniors so they put their pressure on employees.Employees only trap in salary part.even in sleep many times you will get dream of working pressure.

Skill development - Bad

+5 more

see more salary related reviews

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IDFC FIRST Bank Credit Risk Manager Salary FAQs

What is the salary of Credit Risk Manager at IDFC FIRST Bank?

Credit Risk Manager salary at IDFC FIRST Bank in India ranges between ₹6.2 Lakhs to ₹25.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 6% more than the average Credit Risk Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of IDFC FIRST Bank India.

How does the salary of a Credit Risk Manager at IDFC FIRST Bank India compare with the average salary range for this job?

The average salary of a Credit Risk Manager at IDFC FIRST Bank is 6% more than the average salary of a Credit Risk Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDFC FIRST Bank to a Credit Risk Manager in India?

IDBI Bank Credit Risk Manager Salary - ₹18.2 Lakhs to ₹25.0 Lakhs per year
Standard Chartered Credit Risk Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
Central Bank of India Credit Risk Manager Salary - ₹17.0 Lakhs to ₹18.5 Lakhs per year
ICICI Bank Credit Risk Manager Salary - ₹7.5 Lakhs to ₹24.9 Lakhs per year

What is the salary of a Credit Risk Manager in companies similar to IDFC FIRST Bank in India?

IndusInd Bank Credit Risk Manager Salary - ₹9.5 Lakhs to ₹20.5 Lakhs per year
Ujjivan Small Finance Bank Credit Risk Manager Salary - ₹12.0 Lakhs to ₹17.5 Lakhs per year
Axis Bank Credit Risk Manager Salary - ₹8.0 Lakhs to ₹21.0 Lakhs per year
Jana Small Finance Bank Credit Risk Manager Salary - ₹5.6 Lakhs to ₹19.9 Lakhs per year
HDFC Bank Credit Risk Manager Salary - ₹5.0 Lakhs to ₹21.5 Lakhs per year

What is the estimated take home salary of a Credit Risk Manager at IDFC FIRST Bank in India?

The estimated take-home salary of a Credit Risk Manager at IDFC FIRST Bank ranges between ₹1,02,419 per month to ₹1,05,219 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Credit Risk Manager salary in India which ranges between ₹6.2 Lakhs to ₹25.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Credit Risk Manager at IDFC FIRST Bank?

According to AmbitionBox, 50% of the IDFC FIRST Bank Credit Risk Managers reported a notice period of 1 Month, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Credit Risk Manager Salaries

IDFC FIRST Bank Credit Risk Manager salary in India ranges between ₹6.2 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.