IDFC FIRST Bank Mumbai Debt Manager Salaries by 10+ Employees (Updated 2025)

2 - 10 years exp.

₹4 Lakhs - ₹11.7 Lakhs

Salary of majority employees

At par with the average Debt Manager Salary in Banking Companies for 2 - 10 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Debt Manager Salary 2 - 7 years exp. (11 salaries)	₹5 L/yr - ₹11.7 L/yr
Customer Success, Service & Operations Debt Manager Salary 2 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹6.1 L/yr
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Data Science & Analytics Debt Manager Salary 7 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.1 L/yr
Finance & Accounting Debt Manager Salary 6 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹7.1 L/yr
Risk Management & Compliance Debt Manager Salary 3 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to IDFC FIRST Bank for Debt Manager in Mumbai

IDFC FIRST Bank Debt Manager Salary

2 - 10 years exp. (18 salaries)

₹4 L/yr - ₹11.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Debt Manager Salary 3 - 13 years exp. (34 salaries)	₹3.3 L/yr - ₹9.9 L/yr 1% less
Kotak Mahindra Bank Debt Manager Salary 3 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr 13% less
Login to view exact salary
Bajaj Finance Debt Manager Salary 6 - 7 years exp. (3 salaries)	₹4.9 L/yr - ₹7.5 L/yr 11% less

Debt Manager salary at IDFC FIRST Bank ranges between ₹4 Lakhs to ₹11.7 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 18 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Debt Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹12.6 L/yr
3 years (3 salaries)	₹5 L/yr - ₹7.2 L/yr
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4 years (3 salaries)	₹2.8 L/yr - ₹11 L/yr
5 years (4 salaries)	₹5.5 L/yr - ₹11.7 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.1 L/yr
7 years (3 salaries)	₹2.8 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.5 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.8 L/yr

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From

Debt Manager

2 - 11 years exp.

Area Debt Manager

₹

Lakhs/yr

4 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Team Lead Salary

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₹2.2 L/yr - ₹9.24 L/yr

Collections Manager Salary

(56 salaries)

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Branch Manager Salary

(52 salaries)

₹6.72 L/yr - ₹28 L/yr

Recovery Manager Salary

(9 salaries)

₹5.15 L/yr - ₹8.7 L/yr

Cluster Manager Salary

(6 salaries)

₹10.5 L/yr - ₹21 L/yr

Area Debt Manager Salary

(4 salaries)

₹9 L/yr - ₹16 L/yr

Area Manager Salary

(3 salaries)

₹10.5 L/yr - ₹15.5 L/yr

Top skills at IDFC FIRST Bank for Debt Manager

Management Legal MIS Reporting EMI Administration Work Banking Retail Banking Focus Consumer Durables Microfinance Debt Management Business Loan Collections Loans Personal Loans

Salary related reviews for IDFC FIRST Bank

3.9

Rated by 2 employees for salary & benefits

Debt Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 04 Aug 2023

5.0

for Salary and Benefits

Likes

Salary and Benefits only

Salary - Excellent

Dislikes

Zero work life balance. Working culture on holidays, No leaves, Illogical work pressure, Zero breathing space in terms of work. With this work culture never be a world class bank.

Skill development - Bad

+4 more

Collections Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 20 Jun 2024

1.0

for Salary and Benefits

Likes

I don’t like anything about this company expect the fast that you will get your salary on time thats it.

Dislikes

They are asking employee to work 7 days a week and still proud of growth saying that competition is really high you need to work all 7 days. No work life balance You will just be left with money no time to spend it. Abusive seniors mental harassment if you refuse to work on sunday’s

Salary - Bad

+6 more

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

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.

Salary - Bad

+5 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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

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 Debt Manager Salary FAQs

What is the salary of Debt Manager at IDFC FIRST Bank Mumbai?

Debt Manager salary at IDFC FIRST Bank in Mumbai ranges between ₹4.0 Lakhs to ₹11.7 Lakhs for experience between 2 years to 10 years. According to our estimates it is 2% more than the average Debt Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of IDFC FIRST Bank Mumbai.

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

The average salary of a Debt Manager at IDFC FIRST Bank is 2% more than the average salary of a Debt Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Debt Manager at IDFC FIRST Bank?

Management, Legal, MIS Reporting, EMI and Administration Work are some of the popular skills required to work as a Debt Manager at IDFC FIRST Bank Mumbai.

What is the salary of a Debt Manager in companies similar to IDFC FIRST Bank in Mumbai?

ICICI Bank Debt Manager Salary - ₹3.3 Lakhs to ₹9.9 Lakhs per year
Bajaj Finance Debt Manager Salary - ₹4.9 Lakhs to ₹7.5 Lakhs per year
Kotak Mahindra Bank Debt Manager Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Debt Manager at IDFC FIRST Bank ranges between ₹52,063 per month to ₹54,419 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Debt Manager salary in India which ranges between ₹4.0 Lakhs to ₹11.7 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Debt Manager at IDFC FIRST Bank in Mumbai?

According to AmbitionBox, 83% of the IDFC FIRST Bank Debt Managers in Mumbai reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Debt Manager Salaries in Mumbai

IDFC FIRST Bank Debt Manager salary in Mumbai ranges between ₹4 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.