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IDFC FIRST Bank Manager salaries in Mumbai (Updated 2025)

Annual salary range
1 - 14 years exp.
₹3.7 Lakhs - ₹15 Lakhs
Salary of majority employees
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Fixed (100%)
₹8.8 Lakhs
Variable (0%)
₹0.0
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47% 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
1 - 14 years exp. (204 salaries)
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₹4 L/yr - ₹12.5 L/yr

Customer Success, Service & Operations
Manager Salary
1 - 14 years exp. (61 salaries)
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₹5.1 L/yr - ₹15 L/yr

Finance & Accounting
Manager Salary
1 - 14 years exp. (53 salaries)
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₹4 L/yr - ₹13.5 L/yr

Sales & Business Development
Manager Salary
1 - 14 years exp. (32 salaries)
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₹3.7 L/yr - ₹13 L/yr

Risk Management & Compliance
Manager Salary
1 - 14 years exp. (24 salaries)
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₹7.3 L/yr - ₹13.1 L/yr

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Last Updated: 5 Mar 2025

Companies similar to IDFC FIRST Bank for Manager in Mumbai

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IDFC FIRST Bank Manager Salary

1 - 14 years exp. (489 salaries)

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₹3.7 L/yr - ₹15 L/yr

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

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₹5.2 L/yr - ₹17.5 L/yr

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ICICI Bank Manager Salary

0 - 18 years exp. (1.6k salaries)

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₹6 L/yr - ₹22.1 L/yr

arrow icon 43% more
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Axis Bank Manager Salary

0 - 18 years exp. (1.6k salaries)

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₹5.5 L/yr - ₹17.2 L/yr

arrow icon 16% more
1 job opening
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Kotak Mahindra Bank Manager Salary

0 - 16 years exp. (1.9k salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 4% less
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Yes Bank Manager Salary

0 - 18 years exp. (912 salaries)

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₹4.3 L/yr - ₹16 L/yr

arrow icon 3% more
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IndusInd Bank Manager Salary

0 - 16 years exp. (626 salaries)

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₹3 L/yr - ₹13.5 L/yr

arrow icon 12% less
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RBL Bank Manager Salary

2 - 16 years exp. (291 salaries)

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₹4.3 L/yr - ₹15.7 L/yr

arrow icon 2% more
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Federal Bank Manager Salary

3 - 12 years exp. (57 salaries)

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₹9 L/yr - ₹23 L/yr

arrow icon 96% more
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Bandhan Bank Manager Salary

4 - 14 years exp. (33 salaries)

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₹5.9 L/yr - ₹12 L/yr

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IDBI Bank Manager Salary

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₹9.2 L/yr - ₹29 L/yr

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Manager salary at IDFC FIRST Bank ranges between ₹3.7 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 489 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Manager in Mumbai

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7 years exp.
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7 years exp.
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8 years exp.
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12 years exp.
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13 years exp.
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9 years exp.

Experience wise IDFC FIRST Bank Manager salaries in Mumbai

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
1 year  (21 salaries)

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₹6 L/yr - ₹11 L/yr
2 years  (40 salaries)

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₹4.5 L/yr - ₹11.5 L/yr
3 years  (40 salaries)

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₹4 L/yr - ₹11.5 L/yr
4 years  (33 salaries)

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₹4.8 L/yr - ₹13 L/yr
5 years  (44 salaries)

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₹4 L/yr - ₹13 L/yr
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IDFC FIRST Bank Manager Salary and Career Growth

From

To

Manager

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1 - 14 years exp.

Vice President

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11 - 22 years exp.

Manager 1 - 14 years exp.
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Senior Manager 2 - 18 years exp.
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arrow icon 71% hike
Chief Manager 5 - 20 years exp.
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arrow icon 49% hike

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From

2 more levels

To

Manager

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1 - 14 years exp.

Assistant Vice President

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9 - 21 years exp.

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary
(596 salaries)
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₹3 L/yr - ₹9.5 L/yr
Credit Manager Salary
(213 salaries)
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₹3 L/yr - ₹13 L/yr
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₹1.95 L/yr - ₹5.5 L/yr
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₹5 L/yr - ₹15 L/yr
Senior Analyst Salary
(24 salaries)
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₹3 L/yr - ₹8 L/yr
Audit Executive Salary
(15 salaries)
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₹10.24 L/yr - ₹16.14 L/yr
Audit Manager Salary
(6 salaries)
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₹7.4 L/yr - ₹13.12 L/yr
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₹2.9 L/yr - ₹4 L/yr

Top skills at IDFC FIRST Bank for Manager

Banking Retail Banking Management Branch Banking Legal
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Salary related reviews for IDFC FIRST Bank

3.6

Rated by 46 employees for salary & benefits

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.

read more
  • Skill development - Poor
  • +4 more

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

read more

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 .

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Job security - Good
  • +3 more

Dislikes

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

see more salary related reviews

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IDFC FIRST Bank Manager Salary FAQs

What is the salary of Manager at IDFC FIRST Bank Mumbai?
Manager salary at IDFC FIRST Bank in Mumbai ranges between ₹3.7 Lakhs to ₹15.0 Lakhs for experience between 1 years to 14 years. According to our estimates it is 47% less than the average Manager Salary in India. Salary estimates are based on 489 latest salaries received from various employees of IDFC FIRST Bank Mumbai.
How does the salary of a Manager at IDFC FIRST Bank Mumbai compare with the average salary range for this job?
The average salary of a Manager at IDFC FIRST Bank is 47% less than the average salary of a Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than IDFC FIRST Bank to a Manager in Mumbai?
  • Emirates NBD Manager Salary - ₹14.8 Lakhs to ₹40.0 Lakhs per year
  • IDBI Bank Manager Salary - ₹9.2 Lakhs to ₹29.0 Lakhs per year
  • Federal Bank Manager Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
  • Canara Bank Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
  • Standard Chartered Manager Salary - ₹7.3 Lakhs to ₹28.0 Lakhs per year
What is the salary of a Manager in companies similar to IDFC FIRST Bank in Mumbai?
  • Karur Vysya Bank Manager Salary - ₹7.0 Lakhs to ₹20.4 Lakhs per year
  • Karnataka Bank Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • Union Bank of India Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
  • HSBC Global Banking and Markets Manager Salary - ₹11.0 Lakhs to ₹17.2 Lakhs per year
  • Central Bank of India Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
What is the estimated take home salary of a Manager at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Manager at IDFC FIRST Bank ranges between ₹64,135 per month to ₹65,768 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Manager salary in India which ranges between ₹3.7 Lakhs to ₹15.0 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 Mumbai?
According to AmbitionBox, 87% of the IDFC FIRST Bank Managers in Mumbai reported a notice period of 3 Months, 6% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 307 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Manager salary in Mumbai ranges between ₹3.7 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 489 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.