IDFC FIRST Bank Chennai Operations Manager Salaries by 8 Employees

2 - 7 years exp.

₹3.4 Lakhs - ₹9.5 Lakhs

Salary of majority employees

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38% less than the average Operations Manager Salary in Banking Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Manager Salary 2 - 7 years exp. (3 salaries)	Unlock ₹4.6 L/yr - ₹7.2 L/yr
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Customer Success, Service & Operations Operations Manager Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹7.5 L/yr

Last Updated: 19 Jul 2023

Companies similar to IDFC FIRST Bank for Operations Manager in Chennai

IDFC FIRST Bank Operations Manager Salary

2 - 7 years exp. (8 salaries)

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₹3.4 L/yr - ₹9.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Operations Manager Salary 1 - 15 years exp. (76 salaries)	Unlock ₹2.4 L/yr - ₹11.2 L/yr 1% more
Axis Bank Operations Manager Salary 4 - 14 years exp. (31 salaries)	Unlock ₹4 L/yr - ₹11.5 L/yr 8% more
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ICICI Bank Operations Manager Salary 1 - 13 years exp. (32 salaries)	Unlock ₹2.7 L/yr - ₹10 L/yr 10% less
Kotak Mahindra Bank Operations Manager Salary 4 - 9 years exp. (6 salaries)	Unlock ₹4.5 L/yr - ₹8 L/yr 10% less
Yes Bank Operations Manager Salary 1 - 14 years exp. (14 salaries)	Unlock ₹4.3 L/yr - ₹10.5 L/yr 7% more
IndusInd Bank Operations Manager Salary 5 - 13 years exp. (14 salaries)	Unlock ₹3.5 L/yr - ₹9.7 L/yr 8% less
IDBI Bank Operations Manager Salary 10 - 12 years exp. (3 salaries)	Unlock ₹14 L/yr - ₹17 L/yr 109% more
Standard Chartered Operations Manager Salary 8 - 18 years exp. (18 salaries)	Unlock ₹7.2 L/yr - ₹19 L/yr 96% more
Jana Small Finance Bank Operations Manager Salary 2 - 10 years exp. (5 salaries)	Unlock ₹2.6 L/yr - ₹8 L/yr 45% less
City Union Bank Operations Manager Salary 2 - 6 years exp. (3 salaries)	Unlock ₹5 L/yr - ₹8 L/yr 21% less

Operations Manager salary at IDFC FIRST Bank ranges between ₹3.4 Lakhs to ₹9.5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 8 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Operations Manager salaries in Chennai

Last Updated: 19 Jul 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹8.1 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹9 L/yr
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4 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹9.4 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹13.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹6.6 L/yr - ₹8.4 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹4.6 L/yr - ₹13.2 L/yr

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Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(126 salaries)

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₹3 L/yr - ₹7.5 L/yr

Relationship Manager Salary

(49 salaries)

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₹3.05 L/yr - ₹12 L/yr

Branch Manager Salary

(39 salaries)

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₹6.92 L/yr - ₹28.55 L/yr

Top skills at IDFC FIRST Bank for Operations Manager

Management Automation Monitoring Reconciliation Banking Retail Banking Project Management Credit Operations Credit Evaluation Salesforce Adobe Information Technology bfsi Senior Management Cost Benefit Analysis

Salary related reviews for IDFC FIRST Bank

5.0

Rated by 1 employees for salary & benefits

Operations Manager in Navi Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Mar 2021

3.0

for Salary and Benefits

Likes

...and culture, company policies are good but appraisal and promotion are not fair. Company giving bonus every year but salary hike are not fair

Skill development - Good

+2 more

Dislikes

There is a lot of favoritism in appraisal and promotion if you are not favoritism then growth is very slow.

Promotions - Poor

Operations Manager in Agra

Retail Assets Department

1.0

• posted on 02 Apr 2021

3.0

for Salary and Benefits

Likes

Nothing except salary on last working day

Dislikes

worst work life balance, toxic culture, there is no leader they are only designated seniors, toxic environment, no one talks about improvement, no learning opportunities, no office timing ( you need to work for 12 hours on daily basis) work on holidays and many more.......

Skill development - Bad

+5 more

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Salary - Excellent

+1 more

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Skill development - Bad

+4 more

Project Manager in Mumbai

Full Time

Project & Program Management Department

3.0

• posted on 21 Sep 2023

5.0

for Salary and Benefits

Likes

Provides good salary Work timings is not strictly followed

Salary - Excellent

+3 more

Dislikes

A very hectic culture of getting things done in shortest amount of time HR doesn't have any power of its own due to which managers easily exploit their employees No work life balance. Leaving on time is considered a sin here

Work satisfaction - Poor

+1 more

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Salary Discussions, Hike & Promotions

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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IDFC FIRST Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at IDFC FIRST Bank Chennai?

Operations Manager salary at IDFC FIRST Bank in Chennai ranges between ₹3.4 Lakhs to ₹9.5 Lakhs for experience between 2 years to 7 years. According to our estimates it is 38% less than the average Operations Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of IDFC FIRST Bank Chennai.

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

The average salary of a Operations Manager at IDFC FIRST Bank is 38% less than the average salary of a Operations Manager in Chennai. To know exact salary insights, login to view.

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

Management, Automation, Monitoring, Reconciliation and Banking are some of the popular skills required to work as a Operations Manager at IDFC FIRST Bank Chennai.

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

IDBI Bank Operations Manager Salary - ₹14.0 Lakhs to ₹17.0 Lakhs per year
Standard Chartered Operations Manager Salary - ₹7.2 Lakhs to ₹19.0 Lakhs per year
Axis Bank Operations Manager Salary - ₹4.0 Lakhs to ₹11.5 Lakhs per year
Yes Bank Operations Manager Salary - ₹4.3 Lakhs to ₹10.5 Lakhs per year
HDFC Bank Operations Manager Salary - ₹2.4 Lakhs to ₹11.2 Lakhs per year

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

IndusInd Bank Operations Manager Salary - ₹3.5 Lakhs to ₹9.7 Lakhs per year
ICICI Bank Operations Manager Salary - ₹2.7 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Bank Operations Manager Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year
City Union Bank Operations Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Jana Small Finance Bank Operations Manager Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year

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

The estimated take-home salary of a Operations Manager at IDFC FIRST Bank ranges between ₹54,508 per month to ₹55,869 per month in Chennai. The take-home salary calculation is based on the average IDFC FIRST Bank Operations Manager salary in India which ranges between ₹3.4 Lakhs to ₹9.5 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the IDFC FIRST Bank Operations Managers in Chennai reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Operations Manager Salaries in Chennai

IDFC FIRST Bank Operations Manager salary in Chennai ranges between ₹3.4 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.