IDFC FIRST Bank Mumbai Portfolio Manager Salaries by 10+ Employees (Updated 2025)

1 - 10 years exp.

₹7.8 Lakhs - ₹15.3 Lakhs

Salary of majority employees

At par with the average Portfolio Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Portfolio Manager Salary 2 - 10 years exp. (5 salaries)	₹7.8 L/yr - ₹11.5 L/yr
Product Management Portfolio Manager Salary 5 - 8 years exp. (3 salaries)	₹12 L/yr - ₹15.3 L/yr
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Sales & Business Development Portfolio Manager Salary 5 - 9 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹11.5 L/yr
Finance & Accounting Portfolio Manager Salary 1 year exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.9 L/yr

Last Updated: 28 Mar 2025

Companies similar to IDFC FIRST Bank for Portfolio Manager in Mumbai

IDFC FIRST Bank Portfolio Manager Salary

1 - 10 years exp. (17 salaries)

₹7.8 L/yr - ₹15.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Portfolio Manager Salary 0 - 9 years exp. (30 salaries)	₹6 L/yr - ₹18.5 L/yr 12% more
Kotak Mahindra Bank Portfolio Manager Salary 3 - 12 years exp. (15 salaries)	₹3 L/yr - ₹10.8 L/yr 51% less
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Yes Bank Portfolio Manager Salary 2 - 7 years exp. (11 salaries)	₹6.8 L/yr - ₹25.3 L/yr 29% more
Axis Bank Portfolio Manager Salary 1 - 8 years exp. (11 salaries)	₹4.2 L/yr - ₹14.3 L/yr 18% less
ICICI Bank Portfolio Manager Salary 3 - 7 years exp. (8 salaries)	₹5 L/yr - ₹18 L/yr 1% less
Standard Chartered Portfolio Manager Salary 2 - 6 years exp. (7 salaries)	₹10 L/yr - ₹29.5 L/yr 42% more
IndusInd Bank Portfolio Manager Salary 3 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹9.7 L/yr 35% less	9 job openings

Portfolio Manager salary at IDFC FIRST Bank ranges between ₹7.8 Lakhs to ₹15.3 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 17 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Portfolio Manager salaries in Mumbai

Last Updated: 28 Mar 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹9 L/yr - ₹19.7 L/yr
2 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
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3 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
4 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
5 years (3 salaries)	₹7.8 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.5 L/yr
7 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
8 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
10 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

Product Manager Salary

(391 salaries)

₹8.51 L/yr - ₹30 L/yr

Project Manager Salary

(56 salaries)

₹7 L/yr - ₹25.65 L/yr

Senior Project Manager Salary

(16 salaries)

₹18 L/yr - ₹23 L/yr

Program Manager Salary

(16 salaries)

₹9.05 L/yr - ₹24 L/yr

Engineering Manager Salary

(3 salaries)

₹35 L/yr - ₹55.25 L/yr

Top skills at IDFC FIRST Bank for Portfolio Manager

Portfolio Management Relationship Building Customer Complaints Management Credit Cards Strategic Planning Project Management Operations Monitoring Performance Management Portfolio Management Customer Engagement Analytics Wholesale banking Business Planning

Salary related reviews for IDFC FIRST Bank

5.0

Rated by 2 employees for salary & benefits

Portfolio Manager in Mumbai

Full Time

Other Department

4.0

• posted on 13 Jun 2024

5.0

for Salary and Benefits

Likes

Pay, company culture, working hours.

Salary - Excellent

+5 more

Dislikes

unnecessary hustle, HR is poor - many time helpless in enforcing their own policies, work life balance, learning opportunities very limited, HR grade system is bad, BKC office is highly difficult to travel to.

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

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

Product Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Jul 2023

4.0

for Salary and Benefits

Likes

The Pay.

Salary - Good

+1 more

Dislikes

No Clearly defined KRA. Work even during weekends and holidays. Tremendous work pressure. Manager doesn't understand your problems. No importance to employee's physical or mental well-being. Asked to come to office even during red alert due to rain. No place to sit.

Skill development - Bad

+4 more

Product Manager in Mumbai

Business Department

4.0

• posted on 28 Mar 2020

3.0

for Salary and Benefits

Likes

Leaders vision is clear and he strives hard in driving his vision into reality

Job security - Excellent

+4 more

Dislikes

Pay and compensation is not at par with the market. Also few or no learning or knowledge enhancement avenues are available

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 Portfolio Manager Salary FAQs

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

The average salary of a Portfolio Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹7.8 Lakhs to ₹15.3 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Portfolio Manager in Mumbai at IDFC FIRST Bank earn more than ₹15.3 Lakhs per year, and the top 1% earn over ₹15.3 Lakhs per year. Portfolio Manager 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 10+ IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Portfolio Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹84,489 to ₹86,698 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹15.3 Lakhs per year for employees with experience ranging from 1 year to 10 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 10+ 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 Portfolio Manager at IDFC FIRST Bank in Mumbai?

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

- Portfolio Management
- Relationship Building
- Customer Complaints
- Management
- Credit Cards

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 Portfolio Manager in India?

Standard Chartered	₹10.0 Lakhs to ₹29.5 Lakhs per year
Yes Bank	₹6.8 Lakhs to ₹25.3 Lakhs per year
HDFC Bank	₹6.0 Lakhs to ₹18.5 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 Portfolio Manager in companies similar to IDFC FIRST Bank in Mumbai?

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

ICICI Bank	₹5.0 Lakhs to ₹18.0 Lakhs per year
Axis Bank	₹4.2 Lakhs to ₹14.3 Lakhs per year
IndusInd Bank	₹6.5 Lakhs to ₹9.7 Lakhs per year
Kotak Mahindra Bank	₹3.0 Lakhs to ₹10.8 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 Portfolio Manager at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹9.0 Lakhs to ₹19.7 Lakhs per year
2 years	₹10.0 Lakhs to ₹12.8 Lakhs per year
3 years	₹10.1 Lakhs to ₹12.9 Lakhs per year
4 years	₹10.3 Lakhs to ₹13.1 Lakhs per year

and so on.

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IDFC FIRST Bank Portfolio Manager Salaries in Mumbai

IDFC FIRST Bank Portfolio Manager salary in Mumbai ranges between ₹7.8 Lakhs to ₹15.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.