IDFC FIRST Bank Procurement Head Salaries by 4 Employees (Updated 2025)

20 - 22 years exp.

₹60 Lakhs - ₹62 Lakhs

Low Confidence

Salary of majority employees

72% more than the average Procurement Head Salary in Banking Companies for 20 - 22 years of experience

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Last Updated: 12 Aug 2024

Companies similar to IDFC FIRST Bank for Procurement Head

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Procurement Head Salary 21 - 25 years exp. (6 salaries)	₹36.5 L/yr - ₹93 L/yr 9% less
Aditya Birla Fashion and Retail Procurement Head Salary 9 - 17 years exp. (8 salaries)	₹15 L/yr - ₹37 L/yr 53% less
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AB Mauri India Procurement Head Salary 19 - 23 years exp. (7 salaries)	₹14.3 L/yr - ₹17.3 L/yr 74% less
Shapoorji Pallonji Group Procurement Head Salary 14 - 25 years exp. (7 salaries)	₹18.6 L/yr - ₹27 L/yr 62% less
Tata Steel Procurement Head Salary 11 - 27 years exp. (7 salaries)	₹34 L/yr - ₹54 L/yr 29% less

Procurement Head salary at IDFC FIRST Bank ranges between ₹60 Lakhs to ₹62 Lakhs per year for employees with experience between 20 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Procurement Head salaries

Last Updated: 12 Aug 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹60 L/yr - ₹62 L/yr
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Salary related reviews for IDFC FIRST Bank

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

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.

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Salary Discussions, Hike & Promotions

1w (edited)

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 my previous org.

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IDFC FIRST Bank Procurement Head Salary FAQs

What is the salary of Procurement Head at IDFC FIRST Bank?

Procurement Head salary at IDFC FIRST Bank in India ranges between ₹60.0 Lakhs to ₹62.0 Lakhs for experience between 20 years to 22 years. According to our estimates it is 72% more than the average Procurement Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a Procurement Head at IDFC FIRST Bank is 72% more than the average salary of a Procurement Head in India. To know exact salary insights, login to view.

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

ICICI Bank Procurement Head Salary - ₹36.5 Lakhs to ₹93.0 Lakhs per year
Tata Steel Procurement Head Salary - ₹34.0 Lakhs to ₹54.0 Lakhs per year
Aditya Birla Fashion and Retail Procurement Head Salary - ₹15.0 Lakhs to ₹37.0 Lakhs per year
Shapoorji Pallonji Group Procurement Head Salary - ₹18.6 Lakhs to ₹27.0 Lakhs per year
AB Mauri India Procurement Head Salary - ₹14.3 Lakhs to ₹17.3 Lakhs per year

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

The estimated take-home salary of a Procurement Head at IDFC FIRST Bank ranges between ₹3,37,309 per month to ₹3,49,582 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Procurement Head salary in India which ranges between ₹60.0 Lakhs to ₹62.0 Lakhs per year for employees with experience between 20 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Procurement Head at IDFC FIRST Bank?

According to AmbitionBox, 50% of the IDFC FIRST Bank Procurement Heads reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Procurement Head Salaries

IDFC FIRST Bank Procurement Head salary in India ranges between ₹60 Lakhs to ₹62 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.