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4.0

based on 10k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Procurement Head salaries in India

Annual salary range
20 - 22 years exp.
₹60 Lakhs - ₹62 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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
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ICICI Bank Procurement Head Salary

21 - 25 years exp. (6 salaries)

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₹36.5 L/yr - ₹93 L/yr

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₹15 L/yr - ₹37 L/yr

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AB Mauri India Procurement Head Salary

19 - 23 years exp. (7 salaries)

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₹14.3 L/yr - ₹17.3 L/yr

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₹18.6 L/yr - ₹27 L/yr

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Tata Steel Procurement Head Salary

11 - 27 years exp. (7 salaries)

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₹34 L/yr - ₹54 L/yr

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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.

Latest annual salaries shared by IDFC FIRST Bank Procurement Head

5mo ago
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22 years exp.
11mo ago
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21 years exp.
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20 years exp.
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22 years exp.

Experience wise IDFC FIRST Bank Procurement Head salaries

Last Updated: 12 Aug 2024

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹60 L/yr - ₹62 L/yr

Similar Designation salaries in IDFC FIRST Bank

Director Salary
(8 salaries)
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₹35 L/yr - ₹96 L/yr
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₹3 L/yr - ₹3.6 L/yr
Deputy Manager Salary
(2.3k salaries)
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₹2.4 L/yr - ₹10 L/yr
Chief Manager Salary
(735 salaries)
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₹11 L/yr - ₹36 L/yr
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₹13 L/yr - ₹44 L/yr
General Manager Salary
(AmbitionBox Estimate)
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₹44.5 L/yr - ₹56.8 L/yr
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₹13 L/yr - ₹35 L/yr
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₹4.1 L/yr - ₹8.7 L/yr
Assistant General Manager Salary
(AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.3 L/yr
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₹12 L/yr - ₹47 L/yr

Salary related reviews for IDFC FIRST Bank

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Engineering - Software & QA Department

1.0
  •  posted on 27 Jan 2025

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

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

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Salary and perks

  • Salary - Good
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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.

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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

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Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

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 · 

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.

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  • Skill development - Bad
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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.

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  • Salary - Excellent
    +6 more

Dislikes

Nothing to say dislike May overcome simplifying in process.

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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, 33% of the IDFC FIRST Bank Procurement Heads reported a notice period of 15 days or less, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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