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IDFC FIRST Bank Deputy Manager Band 1 salaries in India

Annual salary range
1 - 3 years exp.
₹4 Lakhs - ₹7.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (100%)
₹4.7 Lakhs
Variable (0%)
₹0.0
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14% less than the average Deputy Manager Band 1 Salary in Banking Companies for 1 - 3 years of experience

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Last Updated: 16 Sep 2024

Companies similar to IDFC FIRST Bank for Deputy Manager Band 1

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

0 - 10 years exp. (1.1k salaries)

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₹3 L/yr - ₹6.6 L/yr

arrow icon 14% more
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HDFC Bank Deputy Manager Band 1 Salary

1 - 10 years exp. (80 salaries)

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₹3.5 L/yr - ₹6.8 L/yr

arrow icon 14% more
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Axis Bank Deputy Manager Band 1 Salary

4 - 8 years exp. (23 salaries)

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₹3.6 L/yr - ₹8 L/yr

arrow icon 21% more
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IndusInd Bank Deputy Manager Band 1 Salary

3 - 8 years exp. (19 salaries)

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₹2.3 L/yr - ₹6.7 L/yr

arrow icon 24% less
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₹3 L/yr - ₹5.8 L/yr

arrow icon 6% more
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RBL Bank Deputy Manager Band 1 Salary

0 - 10 years exp. (5 salaries)

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₹4.5 L/yr - ₹6 L/yr

arrow icon 1% more
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₹3 L/yr - ₹4.3 L/yr

arrow icon 23% less
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Yes Bank Deputy Manager Band 1 Salary

5 - 8 years exp. (4 salaries)

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₹5 L/yr - ₹5.6 L/yr

arrow icon 12% more
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Bandhan Bank Deputy Manager Band 1 Salary

0 - 7 years exp. (4 salaries)

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₹4.1 L/yr - ₹5 L/yr

arrow icon 1% less
Deputy Manager Band 1 salary at IDFC FIRST Bank ranges between ₹4 Lakhs to ₹7.1 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Deputy Manager Band 1

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3 years exp.
1y ago
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Experience wise IDFC FIRST Bank Deputy Manager Band 1 salaries

Last Updated: 16 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.9 L/yr - ₹5.2 L/yr
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.2 L/yr
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹7.1 L/yr

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₹2.8 L/yr - ₹12 L/yr
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₹1.3 L/yr - ₹9.77 L/yr
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₹2 L/yr - ₹11 L/yr
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(43 salaries)
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₹2.9 L/yr - ₹10 L/yr
Service Engineer Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr
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₹3 L/yr - ₹12 L/yr

Salary related reviews for IDFC FIRST Bank

4.6

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 13 Oct 2023

4.0
 for  Salary and Benefits

Likes

Salary is good,good incentives and bonus.

  • Salary - Good

Dislikes

No work life balance is there,no skill development,people play politics only. Favouritism is there.for new joiners also they don't give time to learn .HR is worst, Senior level people is also worst ,no manners no professional etiquettes. Personal life is not there,just they force you to sit in office till 8:30 to 9 pm,for girls also. 14 to 15 hours you have to work.

read more
  • Skill development - Poor
  • +3 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

 · 

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

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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

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.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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IDFC FIRST Bank Deputy Manager Band 1 Salary FAQs

What is the salary of Deputy Manager Band 1 at IDFC FIRST Bank ?
The average salary of a Deputy Manager Band 1 at IDFC FIRST Bank in India typically ranges from ₹4.0 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Deputy Manager Band 1 at IDFC FIRST Bank earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Deputy Manager Band 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 5 IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Deputy Manager Band 1 at IDFC FIRST Bank in India?
The estimated take-home salary of a Deputy Manager Band 1 at IDFC FIRST Bank in India typically ranges from ₹35,438 to ₹36,671 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 1 year to 3 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 5 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 Band 1 in India?
Axis Bank ₹3.6 Lakhs to ₹8.0 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹6.8 Lakhs per year
ICICI Bank ₹3.0 Lakhs to ₹6.6 Lakhs per year
Yes Bank ₹5.0 Lakhs to ₹5.6 Lakhs per year
Kotak Mahindra Bank ₹3.0 Lakhs to ₹5.8 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 Band 1 in companies similar to IDFC FIRST Bank in India?
The salary of a Deputy Manager Band 1 at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank ₹4.5 Lakhs to ₹6.0 Lakhs per year
Bandhan Bank ₹4.1 Lakhs to ₹5.0 Lakhs per year
Ujjivan Small Finance Bank ₹3.0 Lakhs to ₹4.3 Lakhs per year
IndusInd Bank ₹2.3 Lakhs to ₹6.7 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 Band 1 at IDFC FIRST Bank in India?
The salary growth for a Deputy Manager Band 1 at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Band 1 can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
1 year ₹1.9 Lakhs to ₹5.2 Lakhs per year
2 years ₹4.0 Lakhs to ₹5.2 Lakhs per year
3 years ₹4.0 Lakhs to ₹7.1 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Deputy Manager Band 1 salary in India ranges between ₹4 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.