IDFC FIRST Bank Mortgage Officer Salaries by 5 Employees

3 - 5 years exp.

₹2.7 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

8% more than the average Mortgage Officer Salary in Banking Companies for 3 - 5 years of experience

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Salaries in different departments

Finance & Accounting Mortgage Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr
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Sales & Business Development Mortgage Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr

Last Updated: 15 Aug 2024

Companies similar to IDFC FIRST Bank for Mortgage Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Mortgage Officer Salary 7 - 9 years exp. (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr 70% more
HDFC Sales Mortgage Officer Salary 0 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3.2 L/yr 3% less
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First American Corporation Mortgage Officer Salary 2 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 2% more
OSB India Mortgage Officer Salary 1 - 6 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 150% more
SMFG India Credit Mortgage Officer Salary 3 - 6 years exp. (3 salaries)	₹2.1 L/yr - ₹2.6 L/yr 18% less

Mortgage Officer salary at IDFC FIRST Bank ranges between ₹2.7 Lakhs to ₹3.2 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Mortgage Officer salaries

Last Updated: 15 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr
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5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr

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Salary related reviews for IDFC FIRST Bank

4.3

Rated by 3 employees for salary & benefits

Deputy Manager in Navi Mumbai

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.

Skill development - Bad

+4 more

Deputy Manager in Mumbai

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

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

Deputy Manager in Ahmedabad

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.

Skill development - Bad

+5 more

Deputy Manager in Salem

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.

Salary - Excellent

+6 more

Dislikes

Nothing to say dislike May overcome simplifying in process.

Deputy Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 30 Sep 2022

3.0

for Salary and Benefits

Likes

Salary and the promotion programs

Dislikes

The kind of pressure in the bank that I can not handle. Although some of employees are there very helpful persons. But some of them in the bank are very greedy even they have experience but they use this for their own help. They don't help their colleagues wether he or she is fresher or not. That is not good for the future of the new joiner. That could be changed.

Skill development - Bad

+1 more

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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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IDFC FIRST Bank Mortgage Officer Salary FAQs

What is the salary of Mortgage Officer at IDFC FIRST Bank ?

The average salary of a Mortgage Officer at IDFC FIRST Bank in India typically ranges from ₹2.7 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Mortgage Officer at IDFC FIRST Bank earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Mortgage Officer 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 Mortgage Officer at IDFC FIRST Bank in India?

The estimated take-home salary of a Mortgage Officer at IDFC FIRST Bank in India typically ranges from ₹20,028 to ₹21,691 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 3 years to 5 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 Mortgage Officer in India?

OSB India	₹6.0 Lakhs to ₹8.0 Lakhs per year
HDFC Bank	₹4.3 Lakhs to ₹5.5 Lakhs per year
First American Corporation	₹2.5 Lakhs to ₹3.0 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 Mortgage Officer in companies similar to IDFC FIRST Bank in India?

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

HDFC Sales	₹2.1 Lakhs to ₹3.2 Lakhs per year
SMFG India Credit	₹2.1 Lakhs to ₹2.6 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 Mortgage Officer at IDFC FIRST Bank in India?

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

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.2 Lakhs per year
5 years	₹1.2 Lakhs to ₹3.2 Lakhs per year

and so on.

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IDFC FIRST Bank Mortgage Officer Salaries

IDFC FIRST Bank Mortgage Officer salary in India ranges between ₹2.7 Lakhs to ₹3.2 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.