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IDFC FIRST Bank Data Scientist salaries in Mumbai (Updated 2025)

Annual salary range
1 - 5 years exp.
₹10.7 Lakhs - ₹40 Lakhs
Salary of majority employees
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Fixed (88%)
₹20.5 Lakhs
Variable (12%)
₹2.8 Lakhs
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64% more than the average Data Scientist Salary in Banking Companies for 1 - 5 years of experience

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Last Updated: 15 Mar 2025

Companies similar to IDFC FIRST Bank for Data Scientist in Mumbai

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IDFC FIRST Bank Data Scientist Salary

1 - 5 years exp. (14 salaries)

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₹10.7 L/yr - ₹40 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Data Scientist Salary

0 - 4 years exp. (61 salaries)

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₹7.7 L/yr - ₹23.1 L/yr

arrow icon 23% less
4 job openings
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Kotak Mahindra Bank Data Scientist Salary

0 - 6 years exp. (35 salaries)

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₹6.5 L/yr - ₹20 L/yr

arrow icon 42% less
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RBL Bank Data Scientist Salary

1 - 6 years exp. (33 salaries)

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₹7.8 L/yr - ₹15.5 L/yr

arrow icon 49% less
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Axis Bank Data Scientist Salary

0 - 9 years exp. (28 salaries)

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₹7.8 L/yr - ₹20 L/yr

arrow icon 36% less
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ICICI Bank Data Scientist Salary

0 - 5 years exp. (8 salaries)

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₹5.6 L/yr - ₹25 L/yr

arrow icon 40% less
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IndusInd Bank Data Scientist Salary

1 - 4 years exp. (4 salaries)

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₹15 L/yr - ₹21.5 L/yr

arrow icon 18% less
6 job openings
Data Scientist salary at IDFC FIRST Bank ranges between ₹10.7 Lakhs to ₹40 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 14 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Data Scientist in Mumbai

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Experience wise IDFC FIRST Bank Data Scientist salaries in Mumbai

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹20.7 L/yr - ₹26.4 L/yr
2 years  (3 salaries)

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₹14 L/yr - ₹32.7 L/yr
3 years  (3 salaries)

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₹9.3 L/yr - ₹35 L/yr
4 years  (5 salaries)

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₹9.4 L/yr - ₹42.4 L/yr
5 years (AmbitionBox Estimate)

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₹21.4 L/yr - ₹27.3 L/yr

Similar Designation salaries in IDFC FIRST Bank

Data Analyst Salary
(82 salaries)
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₹11.85 L/yr - ₹24 L/yr
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₹6.01 L/yr - ₹24.5 L/yr
Analyst Salary
(45 salaries)
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₹1.89 L/yr - ₹6.75 L/yr
Senior Analyst Salary
(27 salaries)
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₹3 L/yr - ₹9 L/yr
Data Engineer Salary
(16 salaries)
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₹6 L/yr - ₹21 L/yr
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₹16.8 L/yr - ₹40 L/yr
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₹17.8 L/yr - ₹43 L/yr

Top skills at IDFC FIRST Bank for Data Scientist

Data Modeling Data Science Data Analytics Machine Learning Data Structures Usage Analytical Data Visualization Statistical Modeling Business Modeling Analytics Python Data Management Graphics Statistics

Salary related reviews for IDFC FIRST Bank

2.2

Rated by 2 employees for salary & benefits

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +2 more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +1 more

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Poor
  • +5 more

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

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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IDFC FIRST Bank Data Scientist Salary FAQs

What is the salary of Data Scientist at IDFC FIRST Bank in Mumbai?
The average salary of a Data Scientist at IDFC FIRST Bank in Mumbai typically ranges from ₹10.7 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Data Scientist in Mumbai at IDFC FIRST Bank earn more than ₹35.5 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Data Scientist 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 Scientist at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Data Scientist at IDFC FIRST Bank in Mumbai typically ranges from ₹1,49,591 to ₹1,55,218 per month. This is based on the average salary range of ₹10.7 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 1 year 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 Scientist at IDFC FIRST Bank in Mumbai?
To be a Data Scientist at IDFC FIRST Bank in Mumbai, the key skills required include:

  • - Data Modeling
  • - Data Science
  • - Data Analytics
  • - Machine Learning
  • - Data Structures

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.
What is the salary of a Data Scientist in companies similar to IDFC FIRST Bank in Mumbai?
The salary of a Data Scientist at companies similar to IDFC FIRST Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank ₹15.0 Lakhs to ₹21.5 Lakhs per year
HDFC Bank ₹7.7 Lakhs to ₹23.1 Lakhs per year
Axis Bank ₹7.8 Lakhs to ₹20.0 Lakhs per year
ICICI Bank ₹5.6 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank ₹6.5 Lakhs to ₹20.0 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 Scientist at IDFC FIRST Bank in Mumbai?
The salary growth for a Data Scientist at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Data Scientist in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
1 year ₹20.7 Lakhs to ₹26.4 Lakhs per year
2 years ₹14.0 Lakhs to ₹32.7 Lakhs per year
3 years ₹9.3 Lakhs to ₹35.0 Lakhs per year
4 years ₹9.4 Lakhs to ₹42.4 Lakhs per year
and so on.

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IDFC FIRST Bank Data Scientist salary in Mumbai ranges between ₹10.7 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.