IDFC FIRST Bank Mumbai Engineering Manager Salaries by 3 Employees (Updated 2025)

12 - 13 years exp.

₹35 Lakhs - ₹49 Lakhs

Low Confidence

Salary of majority employees

56% more than the average Engineering Manager Salary in Banking Companies for 12 - 13 years of experience

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Last Updated: 18 Jan 2025

Companies similar to IDFC FIRST Bank for Engineering Manager in Mumbai

IDFC FIRST Bank Engineering Manager Salary

12 - 13 years exp. (3 salaries)

₹35 L/yr - ₹49 L/yr

Company name	Avg Annual Salary	Open Jobs
Schneider Electric Engineering Manager Salary 5 - 14 years exp. (20 salaries)	₹5 L/yr - ₹20 L/yr 74% less	10 job openings
HERE Technologies Engineering Manager Salary 10 - 17 years exp. (15 salaries)	₹24 L/yr - ₹52 L/yr 11% less	1 job opening
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GEP Worldwide Engineering Manager Salary 11 - 18 years exp. (15 salaries)	₹24 L/yr - ₹43 L/yr 17% less
JLL Engineering Manager Salary 8 - 16 years exp. (15 salaries)	₹6.5 L/yr - ₹18 L/yr 75% less	2 job openings
Deloitte Engineering Manager Salary 10 - 16 years exp. (15 salaries)	₹36 L/yr - ₹62.1 L/yr 1% more

Engineering Manager salary at IDFC FIRST Bank ranges between ₹35 Lakhs to ₹49 Lakhs per year for employees with experience between 12 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Engineering Manager salaries in Mumbai

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹46 L/yr
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13 years (AmbitionBox Estimate)	₹35 L/yr - ₹84.2 L/yr

Similar Designation salaries in IDFC FIRST Bank

Product Manager Salary

(373 salaries)

₹8.5 L/yr - ₹30 L/yr

Project Manager Salary

(54 salaries)

₹7 L/yr - ₹21 L/yr

Program Manager Salary

(20 salaries)

₹8 L/yr - ₹24 L/yr

Senior Project Manager Salary

(13 salaries)

₹18 L/yr - ₹23 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

4.0

Rated by 2 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

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

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.

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.

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

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

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

Dislikes

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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IDFC FIRST Bank Engineering Manager Salary FAQs

What is the notice period for Engineering Manager at IDFC FIRST Bank in Mumbai?

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

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IDFC FIRST Bank Engineering Manager Salaries in Mumbai

IDFC FIRST Bank Engineering Manager salary in Mumbai ranges between ₹35 Lakhs to ₹49 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.