IDFC FIRST Bank Department Manager Salaries by 5 Employees (Updated 2025)

3 - 5 years exp.

₹3.4 Lakhs - ₹9.8 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Department Manager Salary in Banking Companies for 3 - 5 years of experience

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Last Updated: 16 Feb 2025

Companies similar to IDFC FIRST Bank for Department Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Department Manager Salary 1 - 9 years exp. (26 salaries)	₹3.5 L/yr - ₹8.2 L/yr 24% less
ICICI Bank Department Manager Salary 0 - 12 years exp. (28 salaries)	₹3 L/yr - ₹9 L/yr 14% less
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Axis Bank Department Manager Salary 0 - 8 years exp. (13 salaries)	₹4.7 L/yr - ₹10 L/yr 18% more
Kotak Mahindra Bank Department Manager Salary 2 - 10 years exp. (11 salaries)	₹2.8 L/yr - ₹4.9 L/yr 34% less
IndusInd Bank Department Manager Salary 1 - 12 years exp. (14 salaries)	₹3.6 L/yr - ₹4.9 L/yr 29% less
Yes Bank Department Manager Salary 0 - 6 years exp. (12 salaries)	₹4 L/yr - ₹10.3 L/yr 5% more
RBL Bank Department Manager Salary 4 - 10 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 88% more
IDBI Bank Department Manager Salary 0 - 12 years exp. (4 salaries)	₹6.8 L/yr - ₹23 L/yr 152% more
Standard Chartered Department Manager Salary 2 - 13 years exp. (5 salaries)	₹12 L/yr - ₹18 L/yr 145% more
HSBC Global Banking and Markets Department Manager Salary 4 - 14 years exp. (3 salaries)	₹10.3 L/yr - ₹12 L/yr 90% more
Ujjivan Small Finance Bank Department Manager Salary 2 - 8 years exp. (3 salaries)	₹3.4 L/yr - ₹6 L/yr 26% less
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Karur Vysya Bank Department Manager Salary 1 - 9 years exp. (3 salaries)	₹8 L/yr - ₹16 L/yr 86% more

Department Manager salary at IDFC FIRST Bank ranges between ₹3.4 Lakhs to ₹9.8 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Department Manager salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
3 years (4 salaries)	₹3.4 L/yr - ₹11 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.6 L/yr

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Salary related reviews for IDFC FIRST Bank

5.0

Rated by 2 employees for salary & benefits

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jun 2024

5.0

for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

Salary - Excellent

+6 more

Dislikes

No dislikes as such

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

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 28 Mar 2023

4.0

for Salary and Benefits

Likes

This is my first job and had great experience working in IDFC FIRST BANK. Got alot to learn and I got chance to built new skills. Work culture is smooth, on every level people guide and support so never felt lack of learning in any point of situation.

Salary - Good

+4 more

Dislikes

There is nothing to hate about IDFC , but no body can ever be satisfied from their salary, but obviously according to me salary offer to me was less as compared to market value my skills and knowledge hold , it's been one year , I am not seeing appraisal scope here , so planning to change my job , After all we all are here to earn and learn .

Promotions - Poor

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IDFC FIRST Bank Department Manager Salary FAQs

What is the salary of Department Manager at IDFC FIRST Bank?

Department Manager salary at IDFC FIRST Bank in India ranges between ₹3.4 Lakhs to ₹9.8 Lakhs for experience between 3 years to 5 years. According to our estimates it is 16% more than the average Department Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a Department Manager at IDFC FIRST Bank is 16% more than the average salary of a Department Manager in India. To know exact salary insights, login to view.

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

IDBI Bank Department Manager Salary - ₹6.8 Lakhs to ₹23.0 Lakhs per year
Standard Chartered Department Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
HSBC Global Banking and Markets Department Manager Salary - ₹10.3 Lakhs to ₹12.0 Lakhs per year
RBL Bank Department Manager Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
Karur Vysya Bank Department Manager Salary - ₹8.0 Lakhs to ₹16.0 Lakhs per year

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

Axis Bank Department Manager Salary - ₹4.7 Lakhs to ₹10.0 Lakhs per year
Yes Bank Department Manager Salary - ₹4.0 Lakhs to ₹10.3 Lakhs per year
ICICI Bank Department Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
HDFC Bank Department Manager Salary - ₹3.5 Lakhs to ₹8.2 Lakhs per year
Ujjivan Small Finance Bank Department Manager Salary - ₹3.4 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Department Manager at IDFC FIRST Bank ranges between ₹45,025 per month to ₹46,115 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Department Manager salary in India which ranges between ₹3.4 Lakhs to ₹9.8 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the IDFC FIRST Bank Department Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Department Manager Salaries

IDFC FIRST Bank Department Manager salary in India ranges between ₹3.4 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.