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

12 - 14 years exp.

₹35 Lakhs - ₹65 Lakhs

Salary of majority employees

44% more than the average Engineering Manager Salary in Banking Companies for 12 - 14 years of experience

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Last Updated: 20 Feb 2025

Companies similar to IDFC FIRST Bank for Engineering Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Engineering Manager Salary 12 - 15 years exp. (8 salaries)	₹31.2 L/yr - ₹79.3 L/yr 11% less
HDFC Bank Engineering Manager Salary 12 - 14 years exp. (5 salaries)	₹35 L/yr - ₹45 L/yr 25% less	1 job opening
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Axis Bank Engineering Manager Salary 5 - 6 years exp. (4 salaries)	₹13.5 L/yr - ₹18 L/yr 72% less
Larsen & Toubro Limited Engineering Manager Salary 9 - 18 years exp. (254 salaries)	₹9 L/yr - ₹33 L/yr 63% less	1 job opening
Cognizant Engineering Manager Salary 11 - 18 years exp. (179 salaries)	₹12.9 L/yr - ₹40 L/yr 52% less

Engineering Manager salary at IDFC FIRST Bank ranges between ₹35 Lakhs to ₹65 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 12 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Engineering Manager salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
12 years (5 salaries)	₹42 L/yr - ₹60 L/yr
13 years (4 salaries)	₹35 L/yr - ₹61 L/yr
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14 years (3 salaries)	₹22.1 L/yr - ₹65 L/yr

Similar Designation salaries in IDFC FIRST Bank

Senior Engineering Manager Salary

(6 salaries)

₹50 L/yr - ₹93.55 L/yr

Delivery Manager Salary

(3 salaries)

₹7 L/yr - ₹30 L/yr

Program Manager Salary

(27 salaries)

₹7 L/yr - ₹24 L/yr

Project Manager Salary

(80 salaries)

₹6.61 L/yr - ₹27 L/yr

Technical Manager Salary

(4 salaries)

₹6 L/yr - ₹8.9 L/yr

Product Manager Salary

(482 salaries)

₹8.86 L/yr - ₹30 L/yr

Senior Project Manager Salary

(16 salaries)

₹18 L/yr - ₹23 L/yr

Scrum Master Salary

(4 salaries)

₹12 L/yr - ₹24.5 L/yr

Senior Technical Manager Salary

(AmbitionBox Estimate)

₹21.7 L/yr - ₹27.7 L/yr

Principal Engineer Salary

(AmbitionBox Estimate)

₹31.1 L/yr - ₹39.7 L/yr

Top skills at IDFC FIRST Bank for Engineering Manager

Agile Information Technology SOA Computer science Oracle J2Ee Production Support XML XSLT JSON Operational Excellence API System integration Change Management Analytics

Salary related reviews for IDFC FIRST Bank

4.4

Rated by 4 employees for salary & benefits

Project Manager in Mumbai

Full Time

Project & Program Management Department

3.0

• posted on 21 Sep 2023

5.0

for Salary and Benefits

Likes

Provides good salary Work timings is not strictly followed

Salary - Excellent

+3 more

Dislikes

A very hectic culture of getting things done in shortest amount of time HR doesn't have any power of its own due to which managers easily exploit their employees No work life balance. Leaving on time is considered a sin here

Work satisfaction - Poor

+1 more

Product Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Jul 2023

4.0

for Salary and Benefits

Likes

The Pay.

Salary - Good

+1 more

Dislikes

No Clearly defined KRA. Work even during weekends and holidays. Tremendous work pressure. Manager doesn't understand your problems. No importance to employee's physical or mental well-being. Asked to come to office even during red alert due to rain. No place to sit.

Skill development - Bad

+4 more

Product Manager in Mumbai

Business Department

4.0

• posted on 28 Mar 2020

3.0

for Salary and Benefits

Likes

Leaders vision is clear and he strives hard in driving his vision into reality

Job security - Excellent

+4 more

Dislikes

Pay and compensation is not at par with the market. Also few or no learning or knowledge enhancement avenues are available

Senior Manager Hrbp in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Dec 2024

5.0

for Salary and Benefits

Likes

It has good compensation and promotion policy for internal talent Top Leadership has lot of focus in driving the bank forward

Salary - Excellent

+5 more

Dislikes

It lags in overall learning and development of talent Support teams are somewhat inefficient

Acquisition Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 20 Nov 2024

4.0

for Salary and Benefits

Likes

...hat you get after joining the Idfc first bank 1. You get a family mediclaim. 2. You get bonus as you complete 1 year. 3. You get Travel Expense. 4. You get reimbursement of you monthly phone bill

Salary - Good

+1 more

Dislikes

Company's Culture is not good, So before joining the retail banking in Idfc First bank think twice .

Promotions - Poor

+3 more

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDFC FIRST Bank Engineering Manager Salary FAQs

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

The average salary of a Engineering Manager at IDFC FIRST Bank in India typically ranges from ₹35.0 Lakhs to ₹65.0 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Engineering Manager at IDFC FIRST Bank earn more than ₹65.0 Lakhs per year, and the top 1% earn over ₹65.0 Lakhs per year. Engineering Manager 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 10+ IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Engineering Manager at IDFC FIRST Bank in India typically ranges from ₹2,97,310 to ₹3,20,562 per month. This is based on the average salary range of ₹35.0 Lakhs to ₹65.0 Lakhs per year for employees with experience ranging from 12 years to 14 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 10+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Engineering Manager at IDFC FIRST Bank ?

To be a Engineering Manager at IDFC FIRST Bank in india, the key skills required include:

- Agile
- Information Technology
- SOA
- Computer science
- Oracle

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.

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

The salary of a Engineering Manager at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹31.2 Lakhs to ₹79.3 Lakhs per year
HDFC Bank	₹35.0 Lakhs to ₹45.0 Lakhs per year
Cognizant	₹12.9 Lakhs to ₹40.0 Lakhs per year
Larsen & Toubro Limited	₹9.0 Lakhs to ₹33.0 Lakhs per year
Axis Bank	₹13.5 Lakhs to ₹18.0 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 Engineering Manager at IDFC FIRST Bank in India?

The salary growth for a Engineering Manager at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Engineering Manager can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
12 years	₹42.0 Lakhs to ₹60.0 Lakhs per year
13 years	₹35.0 Lakhs to ₹61.0 Lakhs per year
14 years	₹22.1 Lakhs to ₹65.0 Lakhs per year

and so on.

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IDFC FIRST Bank Engineering Manager Salaries

IDFC FIRST Bank Engineering Manager salary in India ranges between ₹35 Lakhs to ₹65 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Engineering Manager salaries in India (Updated 2025)

Companies similar to IDFC FIRST Bank for Engineering Manager

Latest annual salaries shared by IDFC FIRST Bank Engineering Manager

Experience wise IDFC FIRST Bank Engineering Manager salaries

Similar Designation salaries in IDFC FIRST Bank

Top skills at IDFC FIRST Bank for Engineering Manager

Salary related reviews for IDFC FIRST Bank

Project Manager in Mumbai

Product Manager in Mumbai

Product Manager in Mumbai

Senior Manager Hrbp in Jaipur

Acquisition Manager in Mumbai

IDFC FIRST Bank Engineering Manager Salary FAQs

Tell us how to improve this page.

IDFC FIRST Bank Engineering Manager Salaries by Location