IDFC FIRST Bank Mumbai Officer Salaries by 70+ Employees (Updated 2025)

1 - 6 years exp.

₹1.6 Lakh - ₹4.6 Lakhs

Salary of majority employees

44% less than the average Officer Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Officer Salary 1 - 6 years exp. (25 salaries)	₹2 L/yr - ₹4.6 L/yr
Finance & Accounting Officer Salary 1 - 5 years exp. (25 salaries)	₹1.6 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Officer Salary 1 - 5 years exp. (9 salaries)	₹2.4 L/yr - ₹3.8 L/yr

Last Updated: 8 Mar 2025

Companies similar to IDFC FIRST Bank for Officer in Mumbai

IDFC FIRST Bank Officer Salary

1 - 6 years exp. (70 salaries)

₹1.6 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Officer Salary 0 - 7 years exp. (247 salaries)	₹1.5 L/yr - ₹4.3 L/yr 15% less	2 job openings
HDFC Bank Officer Salary 0 - 8 years exp. (149 salaries)	₹1.5 L/yr - ₹5 L/yr 14% less	5 job openings
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ICICI Bank Officer Salary 0 - 7 years exp. (104 salaries)	₹1.2 L/yr - ₹4.5 L/yr 16% less
Yes Bank Officer Salary 0 - 7 years exp. (95 salaries)	₹1.5 L/yr - ₹4 L/yr 13% less
RBL Bank Officer Salary 0 - 6 years exp. (91 salaries)	₹1.8 L/yr - ₹3.8 L/yr 15% less
IndusInd Bank Officer Salary 0 - 5 years exp. (89 salaries)	₹1.5 L/yr - ₹4 L/yr 12% less
Federal Bank Officer Salary 0 - 3 years exp. (32 salaries)	₹7.5 L/yr - ₹15 L/yr 290% more
Standard Chartered Officer Salary 1 - 6 years exp. (26 salaries)	₹1.8 L/yr - ₹4.5 L/yr 11% more
Canara Bank Officer Salary 3 - 12 years exp. (13 salaries)	₹9 L/yr - ₹15 L/yr 309% more
Shinhan Bank Officer Salary 1 - 6 years exp. (9 salaries)	₹3.2 L/yr - ₹6 L/yr 36% more
Kotak Mahindra Bank Officer Salary 3 - 7 years exp. (7 salaries)	₹1.8 L/yr - ₹4 L/yr 21% less
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Karnataka Bank Officer Salary 2 - 11 years exp. (3 salaries)	₹7 L/yr - ₹11 L/yr 172% more

Officer salary at IDFC FIRST Bank ranges between ₹1.6 Lakh to ₹4.6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 70 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Officer salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
1 year (15 salaries)	₹1.6 L/yr - ₹3.9 L/yr
2 years (22 salaries)	₹2 L/yr - ₹3.5 L/yr
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3 years (16 salaries)	₹2 L/yr - ₹3.8 L/yr
4 years (11 salaries)	₹2 L/yr - ₹4.5 L/yr
5 years (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.6 L/yr

View all

From

Officer

₹

Lakhs/yr

1 - 6 years exp.

Vice President

₹

Lakhs/yr

11 - 22 years exp.

Officer

1 - 6 years exp.

Senior Officer

0 - 7 years exp.

22% hike

Assistant Manager

0 - 11 years exp.

24% hike

From

View 6 more levels

Officer

1 - 6 years exp.

Assistant Vice President

10 - 21 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(597 salaries)

₹3 L/yr - ₹9.5 L/yr

Quality Analyst Salary

(20 salaries)

₹2.9 L/yr - ₹10 L/yr

Software Engineer Salary

(15 salaries)

₹3.8 L/yr - ₹11.81 L/yr

Software Tester Salary

(10 salaries)

₹2.6 L/yr - ₹4.5 L/yr

Test Engineer Salary

(4 salaries)

₹5.32 L/yr - ₹14.5 L/yr

Top skills at IDFC FIRST Bank for Officer

Sales Banking Branch Banking Retail Banking Compliance Transaction Banking Customer Interaction Client Acquisition Monitoring Training Relationship Customer Complaints Retail Casa liabilities

Salary related reviews for IDFC FIRST Bank

4.3

Rated by 5 employees for salary & benefits

Officer

BFSI, Investments & Trading Department

4.0

• posted on 09 Jun 2020

5.0

for Salary and Benefits

Likes

...Thare are huge cafeteria and game room for relaxing. Company policy are good. Appraisal are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

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.

see more salary related reviews

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a manager - business analyst

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 Officer Salary FAQs

What is the salary of Officer at IDFC FIRST Bank in Mumbai?

The average salary of a Officer at IDFC FIRST Bank in Mumbai typically ranges from ₹1.6 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Officer in Mumbai at IDFC FIRST Bank earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. 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 70+ IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Officer at IDFC FIRST Bank in Mumbai typically ranges from ₹23,746 to ₹25,203 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 1 year to 6 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 70+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Officer at IDFC FIRST Bank in Mumbai?

To be a Officer at IDFC FIRST Bank in Mumbai, the key skills required include:

- Sales
- Banking
- Branch Banking
- Retail Banking
- Compliance

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IDFC FIRST Bank for Officer in India?

Canara Bank	₹9.0 Lakhs to ₹15.0 Lakhs per year
Federal Bank	₹7.5 Lakhs to ₹15.0 Lakhs per year
Karnataka Bank	₹7.0 Lakhs to ₹11.0 Lakhs per year
Shinhan Bank	₹3.2 Lakhs to ₹6.0 Lakhs per year
Standard Chartered	₹1.8 Lakhs to ₹4.5 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 Officer in companies similar to IDFC FIRST Bank in Mumbai?

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

IndusInd Bank	₹1.5 Lakhs to ₹4.0 Lakhs per year
Yes Bank	₹1.5 Lakhs to ₹4.0 Lakhs per year
HDFC Bank	₹1.5 Lakhs to ₹5.0 Lakhs per year
Axis Bank	₹1.5 Lakhs to ₹4.3 Lakhs per year
RBL Bank	₹1.8 Lakhs to ₹3.8 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 Officer at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹3.9 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.0 Lakhs to ₹3.8 Lakhs per year
4 years	₹2.0 Lakhs to ₹4.5 Lakhs per year

and so on.

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IDFC FIRST Bank Officer Salaries in Mumbai

IDFC FIRST Bank Officer salary in Mumbai ranges between ₹1.6 Lakh to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 70 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.