IDFC FIRST Bank Mumbai IT Security Engineer Salaries by 5 Employees (Updated 2025)

1 - 3 years exp.

₹4 Lakhs - ₹4.5 Lakhs

Salary of majority employees

At par with the average IT Security Engineer Salary in Banking Companies for 1 - 3 years of experience

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Last Updated: 9 Jan 2025

Companies similar to IDFC FIRST Bank for IT Security Engineer in Mumbai

IDFC FIRST Bank IT Security Engineer Salary

1 - 3 years exp. (5 salaries)

₹4 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Security Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 38% less
Protechmanize Solutions IT Security Engineer Salary 0 - 8 years exp. (29 salaries)	₹1.8 L/yr - ₹7 L/yr 5% more
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Hitachi Systems Micro Clinic IT Security Engineer Salary 3 - 8 years exp. (8 salaries)	₹4.3 L/yr - ₹7.5 L/yr 15% more
Softcell Technologies IT Security Engineer Salary 2 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3.6 L/yr 35% less
Sequretek It Solutions IT Security Engineer Salary 1 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4.8 L/yr 13% less

IT Security Engineer salary at IDFC FIRST Bank ranges between ₹4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank IT Security Engineer salaries in Mumbai

Last Updated: 9 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

Similar Designation salaries in IDFC FIRST Bank

IT Security Specialist Salary

(5 salaries)

₹1.8 L/yr - ₹12.89 L/yr

SOC Analyst Salary

(5 salaries)

₹2.2 L/yr - ₹2.8 L/yr

Network Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹3.55 L/yr

Desktop Support Engineer L2 Salary

(3 salaries)

₹2.94 L/yr - ₹3.5 L/yr

Network Security Engineer Salary

(3 salaries)

₹2.4 L/yr - ₹5 L/yr

IT Security Consultant Salary

(3 salaries)

₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for IDFC FIRST Bank

4.0

Rated by 1 employees for salary & benefits

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

Acquisition Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 20 Nov 2024

4.0

for Salary and Benefits

Likes

...hat you get after joining the Idfc first bank 1. You get a family mediclaim. 2. You get bonus as you complete 1 year. 3. You get Travel Expense. 4. You get reimbursement of you monthly phone bill

Salary - Good

+1 more

Dislikes

Company's Culture is not good, So before joining the retail banking in Idfc First bank think twice .

Promotions - Poor

+3 more

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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 IT Security Engineer Salary FAQs

What is the salary of IT Security Engineer at IDFC FIRST Bank in Mumbai?

The average salary of a IT Security Engineer at IDFC FIRST Bank in Mumbai typically ranges from ₹4.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of IT Security Engineer in Mumbai at IDFC FIRST Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. IT Security Engineer 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 5 IDFC FIRST Bank employees in India.

What is the estimated take home salary of a IT Security Engineer at IDFC FIRST Bank in Mumbai?

The estimated take-home salary of a IT Security Engineer at IDFC FIRST Bank in Mumbai typically ranges from ₹33,223 to ₹34,489 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year 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 5 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 Security Engineer in India?

Hitachi Systems Micro Clinic	₹4.3 Lakhs to ₹7.5 Lakhs per year
Protechmanize Solutions	₹1.8 Lakhs to ₹7.0 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 IT Security Engineer in companies similar to IDFC FIRST Bank in Mumbai?

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

Sequretek It Solutions	₹2.9 Lakhs to ₹4.8 Lakhs per year
Softcell Technologies	₹2.1 Lakhs to ₹3.6 Lakhs per year
HDFC Bank	₹2.2 Lakhs to ₹3.5 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 Security Engineer at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹4.0 Lakhs to ₹5.2 Lakhs per year
2 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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IDFC FIRST Bank IT Security Engineer Salaries in Mumbai

IDFC FIRST Bank IT Security Engineer salary in Mumbai ranges between ₹4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.