IDFC FIRST Bank IT Associate Salaries by 4 Employees

4 - 5 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹3.8 Lakhs

Variable (0%)

₹0.0

25% less than the average IT Associate Salary in Banking Companies for 4 - 5 years of experience

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Salaries in different departments

Data Science & Analytics IT Associate Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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IT & Information Security IT Associate Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 18 Mar 2024

Companies similar to IDFC FIRST Bank for IT Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Bank IT Associate Salary 1 - 5 years exp. (5 salaries)	₹3.2 L/yr - ₹5.1 L/yr 25% more
Bandhan Bank IT Associate Salary 3 - 9 years exp. (5 salaries)	₹2.1 L/yr - ₹3.6 L/yr 27% less
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HDFC Bank IT Associate Salary 1 - 3 years exp. (4 salaries)	₹3.6 L/yr - ₹5 L/yr 21% more
IndusInd Bank IT Associate Salary 1 year exp. (3 salaries)	₹2.3 L/yr - ₹5.6 L/yr 1% more
Cinépolis IT Associate Salary 0 - 6 years exp. (168 salaries)	₹1.8 L/yr - ₹3.7 L/yr 29% less

IT Associate salary at IDFC FIRST Bank ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank IT Associate salaries

Last Updated: 18 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

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Salary related reviews for IDFC FIRST Bank

Analyst in Mumbai

BFSI, Investments & Trading Department

3.0

• posted on 16 Nov 2021

3.0

for Salary and Benefits

Likes

The organisation is good, managers are helpful. But compensation is below average. No work from home benefits. Even in 2021 company follows work from office compulsory for back office staff.

Job security - Excellent

+1 more

Dislikes

Compensation below industry average. God knows why bank refuses to hire more people at junior level. The team is filled with senior level people and have like crazy work expectations.

Skill development - Bad

+1 more

Senior Product Support Engineer in Mumbai

Full Time

Product Management Department

2.0

• posted on 31 Mar 2025

3.0

for Salary and Benefits

Likes

...ant in this bank....total politics..they remove me after working hard 3 years...later on new manager kept his employee from diffrent vendor and they said because salary budget we are removing you from this position.... If they have salary budget then why they call new employee in that project.. Just politics...and nothing

Work satisfaction - Good

+2 more

Dislikes

Everything

Job security - Bad

+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

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IDFC FIRST Bank IT Associate Salary FAQs

What is the salary of IT Associate at IDFC FIRST Bank ?

The average salary of a IT Associate at IDFC FIRST Bank in India typically ranges from ₹3.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 4 years to 5 years).

The top 10% of IT Associate at IDFC FIRST Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. IT 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 4 IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a IT Associate at IDFC FIRST Bank in India typically ranges from ₹27,523 to ₹28,924 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 4 years to 5 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.

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

ICICI Bank	₹3.2 Lakhs to ₹5.1 Lakhs per year
HDFC Bank	₹3.6 Lakhs to ₹5.0 Lakhs per year
IndusInd Bank	₹2.3 Lakhs to ₹5.6 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 IT Associate in companies similar to IDFC FIRST Bank in India?

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

Bandhan Bank	₹2.1 Lakhs to ₹3.6 Lakhs per year
Cinépolis	₹1.8 Lakhs to ₹3.7 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 IT Associate at IDFC FIRST Bank in India?

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

Experience	Average Salary Range
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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IDFC FIRST Bank IT Associate Salaries

IDFC FIRST Bank IT Associate salary in India ranges between ₹3 Lakhs to ₹4.5 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.