IDFC FIRST Bank Operations Salaries by 6 Employees (Updated 2024)

2 - 6 years exp.

₹1.9 Lakh - ₹5 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Operations Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Human Resources Operations Salary 6 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr

Last Updated: 11 Dec 2024

Companies similar to IDFC FIRST Bank for Operations

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Operations Salary 0 - 5 years exp. (40 salaries)	₹1.5 L/yr - ₹5.1 L/yr 1% less	1 job opening
ICICI Bank Operations Salary 0 - 5 years exp. (25 salaries)	₹2 L/yr - ₹6.8 L/yr At par
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Axis Bank Operations Salary 0 - 5 years exp. (16 salaries)	₹1.5 L/yr - ₹6 L/yr 18% more
Kotak Mahindra Bank Operations Salary 1 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹5.7 L/yr 23% more	2 job openings
IndusInd Bank Operations Salary 0 - 8 years exp. (8 salaries)	₹2 L/yr - ₹4.5 L/yr 1% less
Yes Bank Operations Salary 6 - 12 years exp. (4 salaries)	₹2 L/yr - ₹7.8 L/yr 72% more	1 job opening
Utkarsh Small Finance Bank Operations Salary 3 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 1% less

Operations salary at IDFC FIRST Bank ranges between ₹1.9 Lakh to ₹5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Operations salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹2.5 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.6 L/yr

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Top skills at IDFC FIRST Bank for Operations

Automation Wholesale banking CMS Trade Finance Payroll

Salary related reviews for IDFC FIRST Bank

4.0

Rated by 3 employees for salary & benefits

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jun 2024

5.0

for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

Dislikes

No dislikes as such

Senior Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 15 May 2024

5.0

for Salary and Benefits

Likes

The compensation and benefits package here is very competitive. In addition to the attractive salary, we get great health insurance coverage, a generous retirement plan, and lots of paid time off. They really take care of their employees financially, which reduces money stress and allows us to focus on our work.

Dislikes

No dislikes as such.

Sales Executive in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 13 Sep 2023

1.0

for Salary and Benefits

Likes

Nothing I just only like that they give you the off but in that off they cut the salary also what is the job is this??? So it means I don't like this job, they don't hire you permanently because of if you don't give the targeted thing they will don't give you the salary and they expect ki hum inko itna Business karke de ki jitna Inka bhai karke dede

Dislikes

I don't like to work in this company as employee and already working in this bank as I am very disappointed in this company by seniors saloni bhalla territory manager of sepl and pradeep saluja state head of sepl. I feel discrimination in this company by the seniors and the other staff I am also like them I wanted to fall so I can work at there but I really didn't felt about that.

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

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.

Senior Customer Service Executive in Hoshangabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 29 Sep 2023

4.0

for Salary and Benefits

Likes

Salary is better as compared to other players good incentive system but not very good

Dislikes

Politics is everywhere if you want to switch to another department in the bank itself your manager will choose to let you go out of the bank instead of diff team

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDFC FIRST Bank Operations Salary FAQs

What is the salary of Operations at IDFC FIRST Bank?

Operations salary at IDFC FIRST Bank in India ranges between ₹1.9 Lakhs to ₹5.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 17% less than the average Operations Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a Operations at IDFC FIRST Bank is 17% less than the average salary of a Operations in India. To know exact salary insights, login to view.

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

Automation, Wholesale banking, CMS, Trade Finance and Payroll are some of the popular skills required to work as a Operations at IDFC FIRST Bank India.

Which similar companies are paying more than IDFC FIRST Bank to a Operations in India?

Yes Bank Operations Salary - ₹2.0 Lakhs to ₹7.8 Lakhs per year
Kotak Mahindra Bank Operations Salary - ₹2.2 Lakhs to ₹5.7 Lakhs per year
Axis Bank Operations Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Operations in companies similar to IDFC FIRST Bank in India?

ICICI Bank Operations Salary - ₹2.0 Lakhs to ₹6.8 Lakhs per year
Utkarsh Small Finance Bank Operations Salary - ₹2.0 Lakhs to ₹3.8 Lakhs per year
HDFC Bank Operations Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year
IndusInd Bank Operations Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Operations at IDFC FIRST Bank in India?

The estimated take-home salary of a Operations at IDFC FIRST Bank ranges between ₹21,204 per month to ₹22,849 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Operations salary in India which ranges between ₹1.9 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Operations at IDFC FIRST Bank?

According to AmbitionBox, 50% of the IDFC FIRST Bank Operationss reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Operations Salaries

IDFC FIRST Bank Operations salary in India ranges between ₹1.9 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.