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IDFC FIRST Bank Operations Manager salaries in Mumbai (Updated 2025)

Annual salary range
1 - 11 years exp.
₹4.6 Lakhs - ₹10.2 Lakhs
Salary of majority employees
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25% less than the average Operations Manager Salary in Banking Companies for 1 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Operations Manager Salary
1 - 10 years exp. (17 salaries)
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₹5.2 L/yr - ₹10.2 L/yr

BFSI, Investments & Trading
Operations Manager Salary
2 - 8 years exp. (10 salaries)
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₹4.6 L/yr - ₹9.1 L/yr

Finance & Accounting
Operations Manager Salary
1 - 7 years exp. (4 salaries)
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₹5 L/yr - ₹9.3 L/yr

Last Updated: 7 Mar 2025

Companies similar to IDFC FIRST Bank for Operations Manager in Mumbai

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IDFC FIRST Bank Operations Manager Salary

1 - 11 years exp. (41 salaries)

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₹4.6 L/yr - ₹10.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Operations Manager Salary

0 - 17 years exp. (91 salaries)

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₹3.1 L/yr - ₹12 L/yr

arrow icon 3% less
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Axis Bank Operations Manager Salary

3 - 14 years exp. (38 salaries)

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₹3.5 L/yr - ₹12 L/yr

arrow icon 1% less
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ICICI Bank Operations Manager Salary

0 - 13 years exp. (73 salaries)

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₹2.7 L/yr - ₹11.4 L/yr

arrow icon 14% less
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Kotak Mahindra Bank Operations Manager Salary

3 - 12 years exp. (40 salaries)

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₹2 L/yr - ₹12 L/yr

arrow icon 17% less
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Yes Bank Operations Manager Salary

7 - 16 years exp. (16 salaries)

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₹6.5 L/yr - ₹12.5 L/yr

arrow icon 3% less
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IndusInd Bank Operations Manager Salary

4 - 14 years exp. (22 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 17% less
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RBL Bank Operations Manager Salary

7 - 13 years exp. (9 salaries)

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₹4.2 L/yr - ₹9.5 L/yr

arrow icon 13% less
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Bandhan Bank Operations Manager Salary

6 - 10 years exp. (3 salaries)

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₹4.8 L/yr - ₹7.5 L/yr

arrow icon 27% less
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₹8.5 L/yr - ₹16.5 L/yr

arrow icon 99% more
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₹4.4 L/yr - ₹7.6 L/yr

arrow icon 37% less
1 job opening
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₹5.5 L/yr - ₹8.2 L/yr

arrow icon 18% less
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Karur Vysya Bank Operations Manager Salary

1 - 11 years exp. (5 salaries)

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₹2.7 L/yr - ₹6.8 L/yr

arrow icon 41% less

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Operations Manager salary at IDFC FIRST Bank ranges between ₹4.6 Lakhs to ₹10.2 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 41 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Operations Manager in Mumbai

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Experience wise IDFC FIRST Bank Operations Manager salaries in Mumbai

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹5 L/yr - ₹8.7 L/yr
2 years  (10 salaries)

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₹5.8 L/yr - ₹10.2 L/yr
3 years  (3 salaries)

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₹7.4 L/yr - ₹14.5 L/yr
4 years  (4 salaries)

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₹7.8 L/yr - ₹8.5 L/yr
5 years  (5 salaries)

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₹4.6 L/yr - ₹8.3 L/yr
View all

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary
(596 salaries)
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₹3 L/yr - ₹9.5 L/yr
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₹2.7 L/yr - ₹11.87 L/yr
Branch Manager Salary
(52 salaries)
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₹6.72 L/yr - ₹28 L/yr
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₹5.75 L/yr - ₹15.1 L/yr
Program Manager Salary
(17 salaries)
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₹9.05 L/yr - ₹24 L/yr
Team Manager Salary
(14 salaries)
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₹5 L/yr - ₹15 L/yr
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₹3.5 L/yr - ₹6.9 L/yr
Area Manager Salary
(3 salaries)
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₹10.5 L/yr - ₹15.5 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
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Salary related reviews for IDFC FIRST Bank

4.0

Rated by 7 employees for salary & benefits

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

read more
  • 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

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.......

read more
  • Skill development - Bad
  • +5 more

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

read more
  • Skill development - Bad
  • +4 more

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

read more
  • Work satisfaction - Poor
  • +1 more

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.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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IDFC FIRST Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at IDFC FIRST Bank Mumbai?
Operations Manager salary at IDFC FIRST Bank in Mumbai ranges between ₹4.6 Lakhs to ₹10.2 Lakhs for experience between 1 years to 11 years. According to our estimates it is 25% less than the average Operations Manager Salary in India. Salary estimates are based on 41 latest salaries received from various employees of IDFC FIRST Bank Mumbai.
How does the salary of a Operations Manager at IDFC FIRST Bank Mumbai compare with the average salary range for this job?
The average salary of a Operations Manager at IDFC FIRST Bank is 25% less than the average salary of a Operations Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than IDFC FIRST Bank to a Operations Manager in Mumbai?
  • HSBC Global Banking and Markets Operations Manager Salary - ₹8.5 Lakhs to ₹16.5 Lakhs per year
What is the salary of a Operations Manager in companies similar to IDFC FIRST Bank in Mumbai?
  • Axis Bank Operations Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
  • Yes Bank Operations Manager Salary - ₹6.5 Lakhs to ₹12.5 Lakhs per year
  • HDFC Bank Operations Manager Salary - ₹3.1 Lakhs to ₹12.0 Lakhs per year
  • RBL Bank Operations Manager Salary - ₹4.2 Lakhs to ₹9.5 Lakhs per year
  • ICICI Bank Operations Manager Salary - ₹2.7 Lakhs to ₹11.4 Lakhs per year
What is the estimated take home salary of a Operations Manager at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Operations Manager at IDFC FIRST Bank ranges between ₹60,052 per month to ₹61,570 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Operations Manager salary in India which ranges between ₹4.6 Lakhs to ₹10.2 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Operations Manager at IDFC FIRST Bank in Mumbai?
According to AmbitionBox, 88% of the IDFC FIRST Bank Operations 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 32 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Operations Manager salary in Mumbai ranges between ₹4.6 Lakhs to ₹10.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 41 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

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