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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Financial Analyst salaries in Mumbai

Annual salary range
0 - 3 years exp.
₹2.9 Lakhs - ₹4 Lakhs
Salary of majority employees
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43% less than the average Financial Analyst Salary in Banking Companies for 0 - 3 years of experience

Interested in this particular role?

Last Updated: 22 Mar 2024

Companies similar to IDFC FIRST Bank for Financial Analyst in Mumbai

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IDFC FIRST Bank Financial Analyst Salary

0 - 3 years exp. (4 salaries)

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₹2.9 L/yr - ₹4 L/yr

vs
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HDFC Bank Financial Analyst Salary

1 - 7 years exp. (15 salaries)

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₹3.2 L/yr - ₹12 L/yr

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ICICI Bank Financial Analyst Salary

0 - 3 years exp. (9 salaries)

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₹8 L/yr - ₹18 L/yr

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Yes Bank Financial Analyst Salary

2 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹9 L/yr

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RBL Bank Financial Analyst Salary

1 - 4 years exp. (3 salaries)

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₹2.2 L/yr - ₹3.8 L/yr

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1 job opening
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₹12 L/yr - ₹12.8 L/yr

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Axis Bank Financial Analyst Salary

1 - 7 years exp. (3 salaries)

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₹3.2 L/yr - ₹10 L/yr

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Financial Analyst salary at IDFC FIRST Bank ranges between ₹2.9 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 3 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 Financial Analyst in Mumbai

1y ago
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3 years exp.

Experience wise IDFC FIRST Bank Financial Analyst salaries in Mumbai

Last Updated: 22 Mar 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
1 year (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.8 L/yr

Similar Designation salaries in IDFC FIRST Bank

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₹6.01 L/yr - ₹24.5 L/yr
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Credit Analyst Salary
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₹3 L/yr - ₹9 L/yr
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₹1.5 L/yr - ₹3.5 L/yr
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₹2 L/yr - ₹5.05 L/yr

Top skills at IDFC FIRST Bank for Financial Analyst

Analytical Financial Analysis MIS Reconciliation Operations Business Finance Cash Flow Finance Management Transfer pricing Market Intelligence Monitoring Forecasting Automation Fixed Income

Salary related reviews for IDFC FIRST Bank

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

read more
  • Salary - Bad
  • +6 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

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 10 May 2023

3.0
 for  Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

read more

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 08 Jan 2023

5.0
 for  Salary and Benefits

Likes

Only Salary is the best part in IDFC FIRST BANK.

  • Salary - Excellent

Dislikes

... handle the pressure from their seniors so they put their pressure on employees.Employees only trap in salary part.even in sleep many times you will get dream of working pressure.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 15 Mar 2023

5.0
 for  Salary and Benefits

Likes

Best bank Every cross sell and deepening comes under incentive lots of growth opportunities yearly growth salary hike also Good..Best place to Work.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing to say dislike May overcome simplifying in process.

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IDFC FIRST Bank Financial Analyst Salary FAQs

What is the salary of Financial Analyst at IDFC FIRST Bank in Mumbai?
The average salary of a Financial Analyst at IDFC FIRST Bank in Mumbai typically ranges from ₹2.9 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Financial Analyst in Mumbai at IDFC FIRST Bank earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Financial Analyst 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 Financial Analyst at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Financial Analyst at IDFC FIRST Bank in Mumbai typically ranges from ₹25,244 to ₹26,679 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher 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 4 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 Financial Analyst at IDFC FIRST Bank in Mumbai?
To be a Financial Analyst at IDFC FIRST Bank in Mumbai, the key skills required include:

  • - Analytical
  • - Financial Analysis
  • - MIS
  • - Reconciliation
  • - Operations

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IDFC FIRST Bank for Financial Analyst in India?
Utkarsh Small Finance Bank ₹12.0 Lakhs to ₹12.8 Lakhs per year
ICICI Bank ₹8.0 Lakhs to ₹18.0 Lakhs per year
HDFC Bank ₹3.2 Lakhs to ₹12.0 Lakhs per year
Axis Bank ₹3.2 Lakhs to ₹10.0 Lakhs per year
Yes Bank ₹3.0 Lakhs to ₹9.0 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 Financial Analyst in companies similar to IDFC FIRST Bank in Mumbai?
The salary of a Financial Analyst at companies similar to IDFC FIRST Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank ₹2.2 Lakhs to ₹3.8 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 Financial Analyst at IDFC FIRST Bank in Mumbai?
The salary growth for a Financial Analyst at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Financial Analyst in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
Fresher ₹2.4 Lakhs to ₹3.1 Lakhs per year
1 year ₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.9 Lakhs to ₹3.8 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Financial Analyst salary in Mumbai ranges between ₹2.9 Lakhs to ₹4 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.