IDFC FIRST Bank Chennai Manager Salaries by 100+ Employees (Updated 2025)

1 - 14 years exp.

₹4 Lakhs - ₹14.1 Lakhs

Salary of majority employees

52% less than the average Manager Salary in Banking Companies for 1 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 4 - 14 years exp. (35 salaries)	₹5.2 L/yr - ₹11.4 L/yr
Sales & Business Development Manager Salary 1 - 14 years exp. (21 salaries)	₹4.5 L/yr - ₹10 L/yr
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Customer Success, Service & Operations Manager Salary 1 - 13 years exp. (15 salaries)	₹4.5 L/yr - ₹9.5 L/yr
Finance & Accounting Manager Salary 1 - 13 years exp. (9 salaries)	₹5.1 L/yr - ₹8.8 L/yr
Marketing & Communication Manager Salary 1 - 6 years exp. (3 salaries)	₹7.5 L/yr - ₹9.6 L/yr

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Last Updated: 20 Feb 2025

Companies similar to IDFC FIRST Bank for Manager in Chennai

IDFC FIRST Bank Manager Salary

1 - 14 years exp. (104 salaries)

₹4 L/yr - ₹14.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 19 years exp. (1k salaries)	₹4.1 L/yr - ₹13.2 L/yr 5% more
ICICI Bank Manager Salary 0 - 18 years exp. (197 salaries)	₹5.1 L/yr - ₹20 L/yr 38% more
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Axis Bank Manager Salary 0 - 18 years exp. (397 salaries)	₹4 L/yr - ₹15.6 L/yr 15% more	1 job opening
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (285 salaries)	₹3 L/yr - ₹11 L/yr 9% less
Yes Bank Manager Salary 2 - 16 years exp. (227 salaries)	₹4.5 L/yr - ₹14.4 L/yr 3% more
IndusInd Bank Manager Salary 0 - 16 years exp. (273 salaries)	₹3.2 L/yr - ₹11.5 L/yr 12% less
RBL Bank Manager Salary 5 - 14 years exp. (36 salaries)	₹5.6 L/yr - ₹10.8 L/yr 4% less
Federal Bank Manager Salary 3 - 12 years exp. (32 salaries)	₹9 L/yr - ₹23 L/yr 104% more
IDBI Bank Manager Salary 6 - 15 years exp. (44 salaries)	₹9.7 L/yr - ₹25 L/yr 127% more
Standard Chartered Manager Salary 3 - 20 years exp. (860 salaries)	₹7 L/yr - ₹25 L/yr 93% more
Karur Vysya Bank Manager Salary 6 - 14 years exp. (88 salaries)	₹6.6 L/yr - ₹22 L/yr 90% more
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Canara Bank Manager Salary 4 - 13 years exp. (31 salaries)	₹8.4 L/yr - ₹19 L/yr 93% more
City Union Bank Manager Salary 8 - 15 years exp. (27 salaries)	₹8.7 L/yr - ₹21.5 L/yr 79% more
Jana Small Finance Bank Manager Salary 4 - 13 years exp. (20 salaries)	₹3 L/yr - ₹8 L/yr 23% less
Union Bank of India Manager Salary 6 - 12 years exp. (7 salaries)	₹8 L/yr - ₹15 L/yr 69% more
Ujjivan Small Finance Bank Manager Salary 4 - 10 years exp. (7 salaries)	₹5 L/yr - ₹7.7 L/yr 13% less
Central Bank of India Manager Salary 7 - 11 years exp. (6 salaries)	₹8.4 L/yr - ₹16 L/yr 57% more
Shinhan Bank Manager Salary 9 - 12 years exp. (6 salaries)	₹6.9 L/yr - ₹13.5 L/yr 25% more
Karnataka Bank Manager Salary 2 - 7 years exp. (4 salaries)	₹11 L/yr - ₹14.7 L/yr 63% more

Manager salary at IDFC FIRST Bank ranges between ₹4 Lakhs to ₹14.1 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 104 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Manager salaries in Chennai

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹7 L/yr - ₹9.5 L/yr
2 years (4 salaries)	₹4.5 L/yr - ₹7.5 L/yr
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3 years (3 salaries)	₹5 L/yr - ₹7.5 L/yr
4 years (8 salaries)	₹4.5 L/yr - ₹7.7 L/yr
5 years (7 salaries)	₹4.5 L/yr - ₹13.5 L/yr
6 years (11 salaries)	₹4.8 L/yr - ₹13.5 L/yr
7 years (6 salaries)	₹4 L/yr - ₹11 L/yr
8 years (15 salaries)	₹4 L/yr - ₹10 L/yr
9 years (10 salaries)	₹5.9 L/yr - ₹11.7 L/yr
10 years (9 salaries)	₹5.4 L/yr - ₹13.7 L/yr
11 years (5 salaries)	₹5.4 L/yr - ₹15.7 L/yr
12 years (8 salaries)	₹5 L/yr - ₹10 L/yr
13 years (7 salaries)	₹8 L/yr - ₹13 L/yr
14 years (4 salaries)	₹7.6 L/yr - ₹10 L/yr

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From

Manager

₹

Lakhs/yr

1 - 14 years exp.

Vice President

₹

Lakhs/yr

11 - 22 years exp.

Manager 1 - 14 years exp.

Senior Manager 2 - 18 years exp.

71% hike

Chief Manager 5 - 20 years exp.

49% hike

From

2 more levels

Manager

1 - 14 years exp.

Assistant Vice President

9 - 21 years exp.

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(126 salaries)

₹3 L/yr - ₹7.5 L/yr

Credit Manager Salary

(31 salaries)

₹3.5 L/yr - ₹12 L/yr

Financial Analyst Salary

(4 salaries)

₹2 L/yr - ₹3.86 L/yr

Top skills at IDFC FIRST Bank for Manager

Banking Retail Banking Management Branch Banking Legal

Salary related reviews for IDFC FIRST Bank

3.7

Rated by 8 employees for salary & benefits

Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

Just the initial package that was offered.

Salary - Good

Dislikes

...sistant Manager. Never have I seen any thing like this. Favourism in appraisals. Was hired as Virtual RM on salary slip and without consent or discussion was changed to Customer service executive.

Skill development - Poor

+4 more

Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 10 Sep 2023

5.0

for Salary and Benefits

Likes

Good job life and very satisfied about the salary. This is a fastest growing bank . I suggest to everyone please join and part of this growing bank .

Salary - Excellent

+6 more

Dislikes

Nothing all r good I have no negative point to share.. All parameters r good. Really amazing.

Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 Mar 2021

5.0

for Salary and Benefits

Likes

Work culture , management is supportive, job security, good salary

Salary - Excellent

+6 more

Dislikes

There should be more learning and development training sessions for managers , educational programs like six sigma , affiliated institute for further management study. Scope for employee appreciation programs/ contests. There should be offsites for the teams

Manager in Technopolis

Trade Finance Operations Department

1.0

• posted on 11 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing to specify

Dislikes

Before joining they will offer joining bonus but in provisional offer no where mentioned that you will have to work with IDFC atlist one year if not then you will have to return joining bonus..i would request you to all before joining IDFC ensure that at list u have to work 1year and before accepting offer request to all enquire about Job profile and system because IDFC have manual system which take lot of time and it may affect on your work life balance.

Salary - Bad

+6 more

Manager in Kolkata

BFSI, Investments & Trading Department

4.0

• posted on 27 Sep 2021

3.0

for Salary and Benefits

Likes

Great bank considering the work culture, pay is not that great but a lot of new technology enabled processes make a work a pleasant task.

Job security - Good

+3 more

Dislikes

Improvement required in infrastructure outside Mumbai. A lot of cost cutting done over infrastructure.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IDFC FIRST Bank Manager Salary FAQs

What is the salary of Manager at IDFC FIRST Bank Chennai?

Manager salary at IDFC FIRST Bank in Chennai ranges between ₹4.0 Lakhs to ₹14.1 Lakhs for experience between 1 years to 14 years. According to our estimates it is 52% less than the average Manager Salary in India. Salary estimates are based on 104 latest salaries received from various employees of IDFC FIRST Bank Chennai.

How does the salary of a Manager at IDFC FIRST Bank Chennai compare with the average salary range for this job?

The average salary of a Manager at IDFC FIRST Bank is 52% less than the average salary of a Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at IDFC FIRST Bank?

Banking, Retail Banking, Management, Branch Banking and Legal are some of the popular skills required to work as a Manager at IDFC FIRST Bank Chennai.

Which similar companies are paying more than IDFC FIRST Bank to a Manager in Chennai?

IDBI Bank Manager Salary - ₹9.7 Lakhs to ₹25.0 Lakhs per year
Federal Bank Manager Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Canara Bank Manager Salary - ₹8.4 Lakhs to ₹19.0 Lakhs per year
Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Karur Vysya Bank Manager Salary - ₹6.6 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Manager in companies similar to IDFC FIRST Bank in Chennai?

City Union Bank Manager Salary - ₹8.7 Lakhs to ₹21.5 Lakhs per year
Union Bank of India Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
Karnataka Bank Manager Salary - ₹11.0 Lakhs to ₹14.7 Lakhs per year
Central Bank of India Manager Salary - ₹8.4 Lakhs to ₹16.0 Lakhs per year
ICICI Bank Manager Salary - ₹5.1 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Manager at IDFC FIRST Bank in Chennai?

The estimated take-home salary of a Manager at IDFC FIRST Bank ranges between ₹60,019 per month to ₹61,536 per month in Chennai. The take-home salary calculation is based on the average IDFC FIRST Bank Manager salary in India which ranges between ₹4.0 Lakhs to ₹14.1 Lakhs per year for employees with experience between 1 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Manager at IDFC FIRST Bank in Chennai?

According to AmbitionBox, 80% of the IDFC FIRST Bank Managers in Chennai reported a notice period of 3 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 61 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Manager Salaries in Chennai

IDFC FIRST Bank Manager salary in Chennai ranges between ₹4 Lakhs to ₹14.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 104 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.