IDFC FIRST Bank Mumbai Financial Analyst Salaries by 4 Employees

0 - 3 years exp.

₹2.9 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% less than the average Financial Analyst Salary in Banking Companies for 0 - 3 years of experience

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Last Updated: 22 Mar 2024

Companies similar to IDFC FIRST Bank for Financial Analyst in Mumbai

IDFC FIRST Bank Financial Analyst Salary

0 - 3 years exp. (4 salaries)

₹2.9 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Financial Analyst Salary 1 - 7 years exp. (15 salaries)	₹3.2 L/yr - ₹5.9 L/yr 64% more
ICICI Bank Financial Analyst Salary 0 - 4 years exp. (8 salaries)	₹4.1 L/yr - ₹14.5 L/yr 149% more
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Yes Bank Financial Analyst Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹9 L/yr 50% more
RBL Bank Financial Analyst Salary 1 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹3.8 L/yr 6% more
Utkarsh Small Finance Bank Financial Analyst Salary 0 - 2 years exp. (3 salaries)	₹12 L/yr - ₹12.8 L/yr 261% more
Axis Bank Financial Analyst Salary 1 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹10 L/yr 112% more

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.

Experience wise IDFC FIRST Bank Financial Analyst salaries in Mumbai

Last Updated: 22 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr

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Team Lead Salary

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₹2.2 L/yr - ₹9.09 L/yr

Analyst Salary

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₹1.89 L/yr - ₹6.75 L/yr

Credit Analyst Salary

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₹4.83 L/yr - ₹14 L/yr

Senior Analyst Salary

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₹3 L/yr - ₹9 L/yr

Finance Executive Salary

(13 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Accountant Salary

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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

Assistant Vice President in Hyderabad / Secunderabad

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

Salary - Bad

+6 more

Deputy Manager in Navi Mumbai

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.

Skill development - Bad

+4 more

Deputy Manager in Mumbai

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

Dislikes

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

Deputy Manager in Ahmedabad

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.

Skill development - Bad

+5 more

Deputy Manager in Salem

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.

Salary - Excellent

+6 more

Dislikes

Nothing to say dislike May overcome simplifying in process.

see more salary related reviews

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What people are saying about IDFC FIRST Bank

View All

a senior business analyst

Salary discussion

For a BA/PM, is 50% increment on current salary is too much to ask? Background: MBA from IIM, BE - Computer Science from tier 2 college, ~3 Years experience.

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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	₹4.1 Lakhs to ₹14.5 Lakhs per year
Axis Bank	₹3.2 Lakhs to ₹10.0 Lakhs per year
HDFC Bank	₹3.2 Lakhs to ₹5.9 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.

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IDFC FIRST Bank Financial Analyst Salaries in Mumbai

IDFC FIRST Bank Financial Analyst salary in Mumbai ranges between ₹2.9 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.