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IDFC FIRST Bank IT Manager salaries in Mumbai

Annual salary range
4 - 14 years exp.
₹6.3 Lakhs - ₹19.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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12% less than the average IT Manager Salary in Banking Companies for 4 - 14 years of experience

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Salaries in different departments

IT & Information Security
IT Manager Salary
4 - 8 years exp. (5 salaries)
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₹9.5 L/yr - ₹19.5 L/yr

Engineering - Hardware & Networks
IT Manager Salary
4 - 14 years exp. (4 salaries)
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₹9.5 L/yr - ₹12.1 L/yr

Project & Program Management
IT Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹11.6 L/yr

Engineering - Software & QA
IT Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹12.2 L/yr

Last Updated: 26 Jul 2023

Companies similar to IDFC FIRST Bank for IT Manager in Mumbai

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IDFC FIRST Bank IT Manager Salary

4 - 14 years exp. (18 salaries)

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₹6.3 L/yr - ₹19.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank IT Manager Salary

2 - 12 years exp. (77 salaries)

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₹5.5 L/yr - ₹20 L/yr

arrow icon 1% more
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Axis Bank IT Manager Salary

1 - 12 years exp. (48 salaries)

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₹9.7 L/yr - ₹16.3 L/yr

arrow icon 14% more
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RBL Bank IT Manager Salary

1 - 9 years exp. (40 salaries)

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₹4.8 L/yr - ₹14.5 L/yr

arrow icon 13% less
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IndusInd Bank IT Manager Salary

5 - 12 years exp. (25 salaries)

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₹5.9 L/yr - ₹22.5 L/yr

arrow icon 17% more
8 job openings
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Kotak Mahindra Bank IT Manager Salary

5 - 11 years exp. (11 salaries)

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₹11 L/yr - ₹18.5 L/yr

arrow icon 11% more
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Utkarsh Small Finance Bank IT Manager Salary

9 - 14 years exp. (7 salaries)

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₹6.2 L/yr - ₹13.5 L/yr

arrow icon 18% less
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Yes Bank IT Manager Salary

1 - 3 years exp. (5 salaries)

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₹16.6 L/yr - ₹18 L/yr

arrow icon 39% more
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IDBI Bank IT Manager Salary

3 - 9 years exp. (4 salaries)

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₹12 L/yr - ₹19.3 L/yr

arrow icon 34% more
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Union Bank of India IT Manager Salary

7 - 11 years exp. (3 salaries)

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₹10 L/yr - ₹13.4 L/yr

arrow icon 10% less
IT Manager salary at IDFC FIRST Bank ranges between ₹6.3 Lakhs to ₹19.5 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 18 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank IT Manager in Mumbai

1y ago
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8 years exp.

Experience wise IDFC FIRST Bank IT Manager salaries in Mumbai

Last Updated: 26 Jul 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹13.9 L/yr
5 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹13.9 L/yr
6 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹13.9 L/yr
7 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹14 L/yr
8 years  (5 salaries)

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₹6.3 L/yr - ₹19.5 L/yr
View all

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary
(597 salaries)
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₹3 L/yr - ₹9.5 L/yr
Team Lead Salary
(85 salaries)
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₹2.2 L/yr - ₹11.4 L/yr
Project Manager Salary
(56 salaries)
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₹7 L/yr - ₹25.65 L/yr
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₹4 L/yr - ₹11.61 L/yr
Analyst Salary
(45 salaries)
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₹1.89 L/yr - ₹6.75 L/yr
Senior Analyst Salary
(27 salaries)
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₹3 L/yr - ₹9 L/yr
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₹15.95 L/yr - ₹20 L/yr

Top skills at IDFC FIRST Bank for IT Manager

Risk Assessment Assurance Information Technology Stakeholder Management Project Management Auditing Information Security Vulnerability

Salary related reviews for IDFC FIRST Bank

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

  • Salary - Excellent
  • +3 more

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

read more
  • Work satisfaction - Poor
  • +1 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.

see more salary related reviews

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IDFC FIRST Bank IT Manager Salary FAQs

What is the salary of IT Manager at IDFC FIRST Bank in Mumbai?
The average salary of a IT Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹6.3 Lakhs to ₹19.5 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of IT Manager in Mumbai at IDFC FIRST Bank earn more than ₹15.9 Lakhs per year, and the top 1% earn over ₹19.5 Lakhs per year. IT Manager 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 IT Manager at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a IT Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹86,428 to ₹88,693 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹19.5 Lakhs per year for employees with experience ranging from 4 years to 14 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.
What are the key skills required to be a IT Manager at IDFC FIRST Bank in Mumbai?
To be a IT Manager at IDFC FIRST Bank in Mumbai, the key skills required include:

  • - Risk Assessment
  • - Assurance
  • - Information Technology
  • - Stakeholder Management
  • - Project Management

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 IT Manager in India?
Yes Bank ₹16.6 Lakhs to ₹18.0 Lakhs per year
IDBI Bank ₹12.0 Lakhs to ₹19.3 Lakhs per year
IndusInd Bank ₹5.9 Lakhs to ₹22.5 Lakhs per year
Axis Bank ₹9.7 Lakhs to ₹16.3 Lakhs per year
Kotak Mahindra Bank ₹11.0 Lakhs to ₹18.5 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 Manager in companies similar to IDFC FIRST Bank in Mumbai?
The salary of a IT Manager at companies similar to IDFC FIRST Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank ₹5.5 Lakhs to ₹20.0 Lakhs per year
Union Bank of India ₹10.0 Lakhs to ₹13.4 Lakhs per year
RBL Bank ₹4.8 Lakhs to ₹14.5 Lakhs per year
Utkarsh Small Finance Bank ₹6.2 Lakhs to ₹13.5 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 Manager at IDFC FIRST Bank in Mumbai?
The salary growth for a IT Manager at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a IT Manager in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
4 years ₹10.9 Lakhs to ₹13.9 Lakhs per year
5 years ₹10.9 Lakhs to ₹13.9 Lakhs per year
6 years ₹10.9 Lakhs to ₹13.9 Lakhs per year
7 years ₹10.9 Lakhs to ₹14.0 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank IT Manager salary in Mumbai ranges between ₹6.3 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.