Premium Employer

i

This company page is being actively managed by IDFC FIRST Bank Team. If you also belong to the team, you can get access from here

IDFC FIRST Bank Verified Tick

Compare button icon Compare button icon Compare

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

IDFC FIRST Bank Deputy Manager Grade 2 salaries in India (Updated 2025)

Annual salary range
1 - 9 years exp.
₹3.3 Lakhs - ₹9.8 Lakhs
Salary of majority employees
unlock blur
unlock blur

17% less than the average Deputy Manager Grade 2 Salary in Banking Companies for 1 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Grade 2 Salary
3 - 9 years exp. (12 salaries)
unlock-blur

₹4.4 L/yr - ₹9.8 L/yr

Sales & Business Development
Deputy Manager Grade 2 Salary
1 - 6 years exp. (11 salaries)
unlock-blur

₹3.6 L/yr - ₹7.5 L/yr

Finance & Accounting
Deputy Manager Grade 2 Salary
1 - 8 years exp. (4 salaries)
unlock-blur

₹3.3 L/yr - ₹6.6 L/yr

Customer Success, Service & Operations
Deputy Manager Grade 2 Salary
3 - 9 years exp. (3 salaries)
unlock-blur

₹5 L/yr - ₹7.5 L/yr

Marketing & Communication
Deputy Manager Grade 2 Salary
2 - 6 years exp. (3 salaries)
unlock-blur

₹4 L/yr - ₹8 L/yr

Last Updated: 20 Mar 2025

Companies similar to IDFC FIRST Bank for Deputy Manager Grade 2

Company name Avg Annual Salary Open Jobs
Logo
ICICI Bank Deputy Manager Grade 2 Salary

0 - 15 years exp. (2.8k salaries)

unlock blur

₹3 L/yr - ₹11.2 L/yr

arrow icon 30% more
Logo
unlock blur

₹2.6 L/yr - ₹7 L/yr

arrow icon 14% less
Logo
HDFC Bank Deputy Manager Grade 2 Salary

2 - 11 years exp. (333 salaries)

unlock blur

₹3.6 L/yr - ₹7.8 L/yr

At par
Logo
Axis Bank Deputy Manager Grade 2 Salary

3 - 12 years exp. (134 salaries)

unlock blur

₹3.5 L/yr - ₹8.7 L/yr

arrow icon 19% more
Logo
IndusInd Bank Deputy Manager Grade 2 Salary

2 - 11 years exp. (132 salaries)

unlock blur

₹2.8 L/yr - ₹6 L/yr

arrow icon 22% less
unlock blur

₹3 L/yr - ₹7 L/yr

arrow icon 17% less
Logo
Yes Bank Deputy Manager Grade 2 Salary

2 - 8 years exp. (34 salaries)

unlock blur

₹4 L/yr - ₹7 L/yr

arrow icon 1% less
Logo
RBL Bank Deputy Manager Grade 2 Salary

0 - 11 years exp. (12 salaries)

unlock blur

₹5 L/yr - ₹6.6 L/yr

arrow icon 7% less
Logo
Bandhan Bank Deputy Manager Grade 2 Salary

2 - 8 years exp. (8 salaries)

unlock blur

₹4.5 L/yr - ₹5.8 L/yr

arrow icon 8% less
Logo
City Union Bank Deputy Manager Grade 2 Salary

1 - 13 years exp. (5 salaries)

unlock blur

₹10 L/yr - ₹11 L/yr

arrow icon 88% more
unlock blur

₹5.7 L/yr - ₹7 L/yr

arrow icon 11% more
Deputy Manager Grade 2 salary at IDFC FIRST Bank ranges between ₹3.3 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 37 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Deputy Manager Grade 2

3d ago
avg blur mobile
5 years exp.
5d ago
avg blur mobile
9 years exp.
1w ago
avg blur mobile
8 years exp.
1w ago
avg blur mobile
5 years exp.
3w ago
avg blur mobile
5 years exp.
1mo ago
avg blur mobile
7 years exp.
1mo ago
avg blur mobile
4 years exp.
1mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
6 years exp.
3mo ago
avg blur mobile
3 years exp.

Experience wise IDFC FIRST Bank Deputy Manager Grade 2 salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
1 year  (3 salaries)

unlock blur

₹3.3 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹4 L/yr - ₹6.5 L/yr
3 years  (9 salaries)

unlock blur

₹3.6 L/yr - ₹7.9 L/yr
4 years  (7 salaries)

unlock blur

₹3.6 L/yr - ₹6.7 L/yr
5 years  (5 salaries)

unlock blur

₹4.6 L/yr - ₹7.7 L/yr
View all

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary
(2.7k salaries)
unlock blur
₹2.15 L/yr - ₹9.5 L/yr
Store Manager Salary
(4 salaries)
unlock blur
₹6.2 L/yr - ₹10.93 L/yr
Branch Manager Salary
(634 salaries)
unlock blur
₹6.25 L/yr - ₹26 L/yr
Sales Manager Salary
(993 salaries)
unlock blur
₹2.15 L/yr - ₹10 L/yr
unlock blur
₹2.8 L/yr - ₹12 L/yr
Team Lead Salary
(339 salaries)
unlock blur
₹1.3 L/yr - ₹9.77 L/yr
Senior Analyst Salary
(57 salaries)
unlock blur
₹3 L/yr - ₹12 L/yr
unlock blur
₹2 L/yr - ₹11 L/yr
Quality Analyst Salary
(43 salaries)
unlock blur
₹2.9 L/yr - ₹10 L/yr
Service Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹17.1 L/yr - ₹21.8 L/yr

Salary related reviews for IDFC FIRST Bank

4.3

Rated by 3 employees for salary & benefits

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

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

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.

read more
  • 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 .

read more
  • Promotions - Poor
see more salary related reviews

Discover interview dos and don'ts from real experiences

IDFC FIRST Bank Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at IDFC FIRST Bank ?
The average salary of a Deputy Manager Grade 2 at IDFC FIRST Bank in India typically ranges from ₹3.3 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Deputy Manager Grade 2 at IDFC FIRST Bank earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Deputy Manager Grade 2 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 30+ IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Deputy Manager Grade 2 at IDFC FIRST Bank in India?
The estimated take-home salary of a Deputy Manager Grade 2 at IDFC FIRST Bank in India typically ranges from ₹42,991 to ₹44,112 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 1 year to 9 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 30+ 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 Grade 2 in India?
City Union Bank ₹10.0 Lakhs to ₹11.0 Lakhs per year
ICICI Bank ₹3.0 Lakhs to ₹11.2 Lakhs per year
Axis Bank ₹3.5 Lakhs to ₹8.7 Lakhs per year
Utkarsh Small Finance Bank ₹5.7 Lakhs to ₹7.0 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 Grade 2 in companies similar to IDFC FIRST Bank in India?
The salary of a Deputy Manager Grade 2 at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank ₹3.6 Lakhs to ₹7.8 Lakhs per year
Yes Bank ₹4.0 Lakhs to ₹7.0 Lakhs per year
RBL Bank ₹5.0 Lakhs to ₹6.6 Lakhs per year
Bandhan Bank ₹4.5 Lakhs to ₹5.8 Lakhs per year
Kotak Mahindra Bank ₹2.6 Lakhs to ₹7.0 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 Deputy Manager Grade 2 at IDFC FIRST Bank in India?
The salary growth for a Deputy Manager Grade 2 at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Grade 2 can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
1 year ₹3.3 Lakhs to ₹5.8 Lakhs per year
2 years ₹4.0 Lakhs to ₹6.5 Lakhs per year
3 years ₹3.6 Lakhs to ₹7.9 Lakhs per year
4 years ₹3.6 Lakhs to ₹6.7 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Deputy Manager Grade 2 salary in India ranges between ₹3.3 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 37 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.