IDFC FIRST Bank Mumbai Data Engineer Salaries by 10+ Employees (Updated 2025)

2 - 5 years exp.

₹6 Lakhs - ₹21 Lakhs

Salary of majority employees

Fixed (90%)

₹13.1 Lakhs

Variable (10%)

₹1.5 Lakh

47% more than the average Data Engineer Salary in Banking Companies for 2 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA Data Engineer Salary 2 - 5 years exp. (7 salaries)	₹6.3 L/yr - ₹15.8 L/yr
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Data Science & Analytics Data Engineer Salary 3 - 5 years exp. (6 salaries)	₹12.8 L/yr - ₹21 L/yr

Last Updated: 2 Mar 2025

Companies similar to IDFC FIRST Bank for Data Engineer in Mumbai

IDFC FIRST Bank Data Engineer Salary

2 - 5 years exp. (16 salaries)

₹6 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Data Engineer Salary 1 - 11 years exp. (40 salaries)	₹4.6 L/yr - ₹20 L/yr 21% less	1 job opening
Axis Bank Data Engineer Salary 1 - 5 years exp. (36 salaries)	₹5.9 L/yr - ₹16 L/yr 27% less
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RBL Bank Data Engineer Salary 1 - 4 years exp. (5 salaries)	₹6 L/yr - ₹11.6 L/yr 32% less
Kotak Mahindra Bank Data Engineer Salary 1 - 4 years exp. (4 salaries)	₹10 L/yr - ₹21.3 L/yr 37% more
LTIMindtree Data Engineer Salary 0 - 7 years exp. (382 salaries)	₹3.6 L/yr - ₹15 L/yr 43% less

Data Engineer salary at IDFC FIRST Bank ranges between ₹6 Lakhs to ₹21 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 16 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Data Engineer salaries in Mumbai

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.2 L/yr
3 years (7 salaries)	₹6 L/yr - ₹20.5 L/yr
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4 years (5 salaries)	₹12 L/yr - ₹17.3 L/yr
5 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.3 L/yr

Similar Designation salaries in IDFC FIRST Bank

Data Analyst Salary

(82 salaries)

₹11.85 L/yr - ₹24 L/yr

Analyst Salary

(45 salaries)

₹1.89 L/yr - ₹6.75 L/yr

Software Engineer Salary

(15 salaries)

₹3.8 L/yr - ₹11.81 L/yr

Senior Data Engineer Salary

(4 salaries)

₹20 L/yr - ₹47 L/yr

Big Data Engineer Salary

(4 salaries)

₹18 L/yr - ₹25 L/yr

SQL Developer Salary

(4 salaries)

₹3 L/yr - ₹6.6 L/yr

Top skills at IDFC FIRST Bank for Data Engineer

Python Data Management Troubleshooting RDBMS Analytics Information Technology Automation Database Design Data migration Teradata Deployment Business operations Architecture Corporate Computer science

Salary related reviews for IDFC FIRST Bank

3.0

Rated by 2 employees for salary & benefits

Data Analyst in Mumbai

Retail Analytics Department

3.0

• posted on 16 May 2022

5.0

for Salary and Benefits

Likes

Salary is good and timely and no hidden charged in your salary slip. You get all in cash - no unnecessary Sodexo coupons etc. Culture depends on your immediate manager. If one is new, learning curve is steep.

Salary - Excellent

Dislikes

No proper training for freshers, data is scattered here and there with no proper database in place unlike other big retail banks, with time work becomes monotonous and recurring. It all depends on your manager. No uniformity in organisation culture.

Skill development - Bad

+2 more

Analyst in Mumbai

BFSI, Investments & Trading Department

3.0

• posted on 16 Nov 2021

3.0

for Salary and Benefits

Likes

The organisation is good, managers are helpful. But compensation is below average. No work from home benefits. Even in 2021 company follows work from office compulsory for back office staff.

Job security - Excellent

+1 more

Dislikes

Compensation below industry average. God knows why bank refuses to hire more people at junior level. The team is filled with senior level people and have like crazy work expectations.

Skill development - Bad

+1 more

SAT Executive in Navi Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 11 Mar 2025

1.0

for Salary and Benefits

Likes

It was a bad decision to work with such bank

Dislikes

... a month of serving my notice period my health was not that good to resume work. Even after submitting medical documents my employer terminated my service and stating that I need to pay the rest of money for the remaining days of my notice period and does not settled my FNF stating it's in negative

Salary - Bad

+6 more

Operations Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing as such. Loans were provided to employees at minimum interest rates

Job security - Good

Dislikes

...because of staff loans, management should work on curtailment of such behaviour. HR is unaware of basic policies, when on boarding they say that bonus would be around 40-50% but at appraisal time everything goes below water. During onboarding clearly mentioned that as per banks policy holidays on weekends, but after joining it's revealed that working is essential on weekends in month ends Such pathetic policies they have.

Salary - Poor

+5 more

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

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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 Data Engineer Salary FAQs

What is the salary of Data Engineer at IDFC FIRST Bank in Mumbai?

The average salary of a Data Engineer at IDFC FIRST Bank in Mumbai typically ranges from ₹6.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Data Engineer in Mumbai at IDFC FIRST Bank earn more than ₹20.2 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Data Engineer 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 10+ IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Data Engineer at IDFC FIRST Bank in Mumbai typically ranges from ₹1,00,966 to ₹1,03,718 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 10+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Data Engineer at IDFC FIRST Bank in Mumbai?

To be a Data Engineer at IDFC FIRST Bank in Mumbai, the key skills required include:

- Python
- Data Management
- Troubleshooting
- RDBMS
- Analytics

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IDFC FIRST Bank for Data Engineer in India?

Kotak Mahindra Bank

₹10.0 Lakhs to ₹21.3 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 Data Engineer in companies similar to IDFC FIRST Bank in Mumbai?

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

HDFC Bank	₹4.6 Lakhs to ₹20.0 Lakhs per year
Axis Bank	₹5.9 Lakhs to ₹16.0 Lakhs per year
RBL Bank	₹6.0 Lakhs to ₹11.6 Lakhs per year
LTIMindtree	₹3.6 Lakhs to ₹15.0 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 Data Engineer at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
2 years	₹12.6 Lakhs to ₹16.2 Lakhs per year
3 years	₹6.0 Lakhs to ₹20.5 Lakhs per year
4 years	₹12.0 Lakhs to ₹17.3 Lakhs per year
5 years	₹13.6 Lakhs to ₹17.3 Lakhs per year

and so on.

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IDFC FIRST Bank Data Engineer Salaries in Mumbai

IDFC FIRST Bank Data Engineer salary in Mumbai ranges between ₹6 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.