IDFC FIRST Bank Procurement Head Salaries by 4 Employees

20 - 22 years exp.

₹60 Lakhs - ₹62 Lakhs

Low Confidence

Salary of majority employees

73% 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
Tata Steel Procurement Head Salary 11 - 27 years exp. (8 salaries)	₹34 L/yr - ₹54 L/yr 31% less
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Aditya Birla Fashion and Retail Procurement Head Salary 9 - 17 years exp. (8 salaries)	₹15 L/yr - ₹37 L/yr 53% less
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

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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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 Procurement Head Salary FAQs

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

The average salary of a Procurement Head at IDFC FIRST Bank in India typically ranges from ₹60.0 Lakhs to ₹62.0 Lakhs per year, depending on experience (from 20 years to 22 years).

The top 10% of Procurement Head at IDFC FIRST Bank earn more than ₹62.0 Lakhs per year, and the top 1% earn over ₹62.0 Lakhs per year. Procurement Head 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 4 IDFC FIRST Bank employees in India.

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 in India typically ranges from ₹3,37,309 to ₹3,49,582 per month. This is based on the average salary range of ₹60.0 Lakhs to ₹62.0 Lakhs per year for employees with experience ranging from 20 years to 22 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 4 salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

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

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

Experience	Average Salary Range
15 years	₹60.0 Lakhs to ₹62.0 Lakhs per year

and so on.

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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.