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IDFC FIRST Bank Deputy Manager 1 salaries in Bangalore / Bengaluru

Annual salary range
4 - 7 years exp.
₹5.1 Lakhs - ₹7.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Deputy Manager 1 Salary in Banking Companies for 4 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Deputy Manager 1 Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹5.9 L/yr

Customer Success, Service & Operations
Deputy Manager 1 Salary
6 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹7.5 L/yr

Sales & Business Development
Deputy Manager 1 Salary
4 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹5.5 L/yr

Last Updated: 19 Oct 2024

Companies similar to IDFC FIRST Bank for Deputy Manager 1 in Bangalore / Bengaluru

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IDFC FIRST Bank Deputy Manager 1 Salary

4 - 7 years exp. (4 salaries)

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₹5.1 L/yr - ₹7.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Deputy Manager 1 Salary

0 - 9 years exp. (118 salaries)

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₹3 L/yr - ₹7 L/yr

arrow icon 2% less
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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 28% less
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Yes Bank Deputy Manager 1 Salary

2 - 7 years exp. (7 salaries)

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₹5 L/yr - ₹6.5 L/yr

arrow icon 3% more
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Axis Bank Deputy Manager 1 Salary

5 - 8 years exp. (7 salaries)

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₹5 L/yr - ₹7 L/yr

arrow icon 10% more
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IndusInd Bank Deputy Manager 1 Salary

4 - 5 years exp. (5 salaries)

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₹4.5 L/yr - ₹5 L/yr

arrow icon 12% less
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Kotak Mahindra Bank Deputy Manager 1 Salary

2 - 6 years exp. (5 salaries)

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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 18% less
Deputy Manager 1 salary at IDFC FIRST Bank ranges between ₹5.1 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Deputy Manager 1 in Bangalore / Bengaluru

5mo ago
₹5.1 Lakhs
7 years exp.
5mo ago
₹7.5 Lakhs
6 years exp.
9mo ago
₹5.5 Lakhs
4 years exp.
10mo ago
₹5.1 Lakhs
6 years exp.

Experience wise IDFC FIRST Bank Deputy Manager 1 salaries in Bangalore / Bengaluru

Last Updated: 19 Oct 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary
(230 salaries)
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₹2.15 L/yr - ₹8.5 L/yr
Sales Manager Salary
(123 salaries)
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₹3 L/yr - ₹11 L/yr
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₹2.15 L/yr - ₹11 L/yr
Branch Manager Salary
(49 salaries)
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₹7 L/yr - ₹27 L/yr
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₹3.7 L/yr - ₹9.3 L/yr
Team Lead Salary
(8 salaries)
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₹3 L/yr - ₹9 L/yr
Senior Analyst Salary
(4 salaries)
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₹7 L/yr - ₹11 L/yr

Salary related reviews for IDFC FIRST Bank

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 22 Apr 2023

4.0
 for  Salary and Benefits

Likes

It's a growing organization sothat everyone will get the growth benefit if they perform in this organization

  • Salary - Good
  • +3 more

Dislikes

...y for it but not for the consecutive 6 months which will be the asking criteria. They will give you great and handsome salary but not grade as well as you have to do everything like a RM. But you didn't get that much salary or facility what company is giving to the RM channel. But you have to do everything what a RM do

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 08 Apr 2025

5.0
 for  Salary and Benefits

Likes

Salary was good, work environment was good.

  • Salary - Excellent
  • +1 more

Dislikes

Management changes every 6 months and hence people cant get promotions. No one gets ratings above average. The manager stopped employees to go on time by giving extra work and expecting unrealistic outcomes. We used to work after office hour in the office till 8pm and yet we were not appreciated for this.

read more
  • Promotions - Poor

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

 · 

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

read more
  • Skill development - Bad
  • +4 more

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

read more

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.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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IDFC FIRST Bank Deputy Manager 1 Salary FAQs

What is the salary of Deputy Manager 1 at IDFC FIRST Bank in Bangalore / Bengaluru?
The average salary of a Deputy Manager 1 at IDFC FIRST Bank in Bangalore / Bengaluru typically ranges from ₹5.1 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Deputy Manager 1 in Bangalore / Bengaluru at IDFC FIRST Bank earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Deputy Manager 1 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 4 IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Deputy Manager 1 at IDFC FIRST Bank in Bangalore / Bengaluru?
The estimated take-home salary of a Deputy Manager 1 at IDFC FIRST Bank in Bangalore / Bengaluru typically ranges from ₹41,113 to ₹42,262 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 4 years to 7 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 4 salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IDFC FIRST Bank for Deputy Manager 1 in India?
Axis Bank ₹5.0 Lakhs to ₹7.0 Lakhs per year
Yes Bank ₹5.0 Lakhs to ₹6.5 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 Deputy Manager 1 in companies similar to IDFC FIRST Bank in Bangalore / Bengaluru?
The salary of a Deputy Manager 1 at companies similar to IDFC FIRST Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹3.0 Lakhs to ₹7.0 Lakhs per year
IndusInd Bank ₹4.5 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindra Bank ₹3.2 Lakhs to ₹5.5 Lakhs per year
Ujjivan Small Finance Bank ₹3.2 Lakhs to ₹4.5 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 Deputy Manager 1 at IDFC FIRST Bank in Bangalore / Bengaluru?
The salary growth for a Deputy Manager 1 at IDFC FIRST Bank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Deputy Manager 1 in Bangalore / Bengaluru can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
4 years ₹4.8 Lakhs to ₹6.2 Lakhs per year
5 years ₹4.9 Lakhs to ₹6.3 Lakhs per year
6 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
7 years ₹5.1 Lakhs to ₹6.5 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Deputy Manager 1 salary in Bangalore / Bengaluru ranges between ₹5.1 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.