IDFC FIRST Bank Mumbai HR Associate Salaries by 10+ Employees

2 - 6 years exp.

₹3 Lakhs - ₹5.1 Lakhs

Salary of majority employees

At par with the average HR Associate Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Human Resources HR Associate Salary 2 - 6 years exp. (15 salaries)	₹3.3 L/yr - ₹5.1 L/yr
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Administration & Facilities HR Associate Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Last Updated: 12 Oct 2024

Companies similar to IDFC FIRST Bank for HR Associate in Mumbai

IDFC FIRST Bank HR Associate Salary

2 - 6 years exp. (18 salaries)

₹3 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank HR Associate Salary 0 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹3 L/yr 36% less
Kotak Mahindra Bank HR Associate Salary 0 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹4.7 L/yr 16% less
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Yes Bank HR Associate Salary 1 - 3 years exp. (3 salaries)	₹2.3 L/yr - ₹2.4 L/yr 38% less
Standard Chartered HR Associate Salary 1 - 3 years exp. (3 salaries)	₹9.9 L/yr - ₹10 L/yr 165% more
Accenture HR Associate Salary 0 - 6 years exp. (150 salaries)	₹1.7 L/yr - ₹6.6 L/yr 6% more

HR Associate salary at IDFC FIRST Bank ranges between ₹3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 18 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank HR Associate salaries in Mumbai

Last Updated: 12 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
3 years (4 salaries)	₹3.5 L/yr - ₹4.3 L/yr
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4 years (7 salaries)	₹3 L/yr - ₹5.1 L/yr
5 years (3 salaries)	₹3 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

Similar Designation salaries in IDFC FIRST Bank

HR Business Partner Salary

(12 salaries)

₹21.86 L/yr - ₹28.75 L/yr

HR Executive Salary

(11 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Manager Talent Acquisition Salary

(8 salaries)

₹4 L/yr - ₹12.5 L/yr

Human Resources Business Partner Salary

(4 salaries)

₹11 L/yr - ₹18 L/yr

HR Recruiter Salary

(3 salaries)

₹2 L/yr - ₹3.3 L/yr

Deputy Manager HR Salary

(3 salaries)

₹6.1 L/yr - ₹8.15 L/yr

Salary related reviews for IDFC FIRST Bank

5.0

Rated by 1 employees for salary & benefits

Personnel Officer in Vijayawada

Human Resources Department

3.0

• posted on 17 Feb 2022

2.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Promotions - Excellent

Dislikes

There is a lot of politics and the management doesn't address our issues. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Salary - Poor

+1 more

SAT Executive in Navi Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 11 Mar 2025

1.0

for Salary and Benefits

Likes

It was a bad decision to work with such bank

Dislikes

... a month of serving my notice period my health was not that good to resume work. Even after submitting medical documents my employer terminated my service and stating that I need to pay the rest of money for the remaining days of my notice period and does not settled my FNF stating it's in negative

Salary - Bad

+6 more

Operations Executive in Mumbai

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.

Salary - Poor

+5 more

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

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

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IDFC FIRST Bank HR Associate Salary FAQs

What is the salary of HR Associate at IDFC FIRST Bank in Mumbai?

The average salary of a HR Associate at IDFC FIRST Bank in Mumbai typically ranges from ₹3.0 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of HR Associate in Mumbai at IDFC FIRST Bank earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. HR Associate 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 HR Associate at IDFC FIRST Bank in Mumbai?

The estimated take-home salary of a HR Associate at IDFC FIRST Bank in Mumbai typically ranges from ₹27,637 to ₹29,037 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 2 years to 6 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.

Which companies offer higher salaries than IDFC FIRST Bank for HR Associate in India?

Standard Chartered	₹9.9 Lakhs to ₹10.0 Lakhs per year
Accenture	₹1.7 Lakhs to ₹6.6 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 HR Associate in companies similar to IDFC FIRST Bank in Mumbai?

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

Kotak Mahindra Bank	₹2.4 Lakhs to ₹4.7 Lakhs per year
IndusInd Bank	₹1.8 Lakhs to ₹3.0 Lakhs per year
Yes Bank	₹2.3 Lakhs to ₹2.4 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 HR Associate at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
2 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.0 Lakhs to ₹5.1 Lakhs per year
5 years	₹3.0 Lakhs to ₹4.1 Lakhs per year

and so on.

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IDFC FIRST Bank HR Associate Salaries in Mumbai

IDFC FIRST Bank HR Associate salary in Mumbai ranges between ₹3 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.