IDFC FIRST Bank Mumbai Manager Salaries by 400+ Employees (Updated 2025)

0 - 14 years exp.

₹3.7 Lakhs - ₹15 Lakhs

Salary of majority employees

Fixed (100%)

₹8.5 Lakhs

Variable (0%)

₹0.0

48% less than the average Manager Salary in Banking Companies for 0 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 0 - 14 years exp. (207 salaries)	₹4 L/yr - ₹12.5 L/yr
Customer Success, Service & Operations Manager Salary 0 - 14 years exp. (63 salaries)	₹5.1 L/yr - ₹15 L/yr
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Finance & Accounting Manager Salary 1 - 14 years exp. (53 salaries)	₹4 L/yr - ₹13.5 L/yr
Sales & Business Development Manager Salary 1 - 14 years exp. (32 salaries)	₹3.7 L/yr - ₹13 L/yr
Risk Management & Compliance Manager Salary 0 - 14 years exp. (24 salaries)	₹7.3 L/yr - ₹13.1 L/yr

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Last Updated: 19 Feb 2025

Companies similar to IDFC FIRST Bank for Manager in Mumbai

IDFC FIRST Bank Manager Salary

0 - 14 years exp. (496 salaries)

₹3.7 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 19 years exp. (3.3k salaries)	₹5.2 L/yr - ₹17.5 L/yr 18% more
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹18.5 L/yr 46% more
Login to view exact salary
Axis Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.5 L/yr - ₹18 L/yr 20% more	2 job openings
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 2% less
Yes Bank Manager Salary 0 - 17 years exp. (909 salaries)	₹4.3 L/yr - ₹15.8 L/yr 6% more
IndusInd Bank Manager Salary 0 - 16 years exp. (627 salaries)	₹3 L/yr - ₹13.5 L/yr 10% less
RBL Bank Manager Salary 1 - 16 years exp. (300 salaries)	₹4.2 L/yr - ₹15.7 L/yr 7% more
Federal Bank Manager Salary 4 - 12 years exp. (51 salaries)	₹9 L/yr - ₹23 L/yr 99% more
Bandhan Bank Manager Salary 4 - 14 years exp. (29 salaries)	₹5.9 L/yr - ₹12 L/yr 3% less
IDBI Bank Manager Salary 6 - 17 years exp. (186 salaries)	₹9.2 L/yr - ₹29 L/yr 129% more

View all

Manager salary at IDFC FIRST Bank ranges between ₹3.7 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 496 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Manager salaries in Mumbai

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (9 salaries)	₹6 L/yr - ₹9.4 L/yr
1 year (22 salaries)	₹6 L/yr - ₹11 L/yr
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2 years (40 salaries)	₹4.5 L/yr - ₹11.5 L/yr
3 years (41 salaries)	₹4 L/yr - ₹11.5 L/yr
4 years (33 salaries)	₹4.8 L/yr - ₹13 L/yr
5 years (44 salaries)	₹4 L/yr - ₹13 L/yr
6 years (41 salaries)	₹4.8 L/yr - ₹14.1 L/yr
7 years (48 salaries)	₹3.7 L/yr - ₹12.7 L/yr
8 years (32 salaries)	₹5.6 L/yr - ₹10.5 L/yr
9 years (40 salaries)	₹6.1 L/yr - ₹15 L/yr
10 years (56 salaries)	₹4.2 L/yr - ₹13.1 L/yr
11 years (24 salaries)	₹5.1 L/yr - ₹15 L/yr
12 years (27 salaries)	₹5.6 L/yr - ₹11.4 L/yr
13 years (27 salaries)	₹6 L/yr - ₹14.6 L/yr
14 years (12 salaries)	₹6.2 L/yr - ₹13 L/yr

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From

Manager

₹

Lakhs/yr

0 - 14 years exp.

Vice President

₹

Lakhs/yr

11 - 22 years exp.

Manager 0 - 14 years exp.

Senior Manager 2 - 18 years exp.

73% hike

Chief Manager 5 - 20 years exp.

47% hike

From

2 more levels

Manager

0 - 14 years exp.

Assistant Vice President

9 - 21 years exp.

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(595 salaries)

₹3 L/yr - ₹9.5 L/yr

Credit Manager Salary

(212 salaries)

₹4.14 L/yr - ₹12.26 L/yr

Senior Associate Salary

(37 salaries)

₹1.95 L/yr - ₹6.29 L/yr

Management Trainee Salary

(25 salaries)

₹5 L/yr - ₹15 L/yr

Senior Analyst Salary

(24 salaries)

₹3 L/yr - ₹8 L/yr

Audit Executive Salary

(15 salaries)

₹10.24 L/yr - ₹16.14 L/yr

Audit Manager Salary

(6 salaries)

₹7.4 L/yr - ₹13.12 L/yr

Financial Analyst Salary

(4 salaries)

₹2.9 L/yr - ₹4 L/yr

Top skills at IDFC FIRST Bank for Manager

Banking Retail Banking Management Branch Banking Legal

Salary related reviews for IDFC FIRST Bank

3.6

Rated by 44 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 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 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 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.

see more salary related reviews

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What people are saying about IDFC FIRST Bank

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a product manager - digital payments

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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 less than 1 year of experience to 14 years. According to our estimates it is 48% less than the average Manager Salary in India. Salary estimates are based on 496 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 48% 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 - ₹7.2 Lakhs to ₹28.0 Lakhs per year

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

Union Bank of India Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Karnataka Bank Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
Karur Vysya Bank Manager Salary - ₹7.0 Lakhs to ₹20.4 Lakhs per year
Central Bank of India Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
HSBC Global Banking and Markets Manager Salary - ₹11.0 Lakhs to ₹17.2 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 ₹62,488 per month to ₹64,076 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 less than 1 year of experience 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 306 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Manager Salaries in Mumbai

IDFC FIRST Bank Manager salary in Mumbai ranges between ₹3.7 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 496 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.