IDFC FIRST Bank Mumbai Product Sales Manager Salaries by 4 Employees

5 - 9 years exp.

₹7.8 Lakhs - ₹20 Lakhs

Avg. annual salary

Monthly In-hand Salary

41% more than the average Product Sales Manager Salary in Banking Companies for 5 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Product Management Product Sales Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹20 L/yr
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Sales & Business Development Product Sales Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹12.5 L/yr

Last Updated: 26 Oct 2024

Companies similar to IDFC FIRST Bank for Product Sales Manager in Mumbai

IDFC FIRST Bank Product Sales Manager Salary

5 - 9 years exp. (4 salaries)

₹7.8 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Product Sales Manager Salary 1 - 10 years exp. (38 salaries)	₹4.5 L/yr - ₹13 L/yr 38% less
Yes Bank Product Sales Manager Salary 5 - 13 years exp. (20 salaries)	₹4.8 L/yr - ₹19 L/yr 11% less	1 job opening
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IndusInd Bank Product Sales Manager Salary 5 - 10 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 40% less	1 job opening
ICICI Bank Product Sales Manager Salary 2 - 5 years exp. (4 salaries)	₹6 L/yr - ₹8.1 L/yr 37% less
Parker Hannifin Product Sales Manager Salary 22 - 33 years exp. (5 salaries)	₹28 L/yr - ₹36 L/yr 128% more

Product Sales Manager salary at IDFC FIRST Bank ranges between ₹7.8 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Product Sales Manager salaries in Mumbai

Last Updated: 26 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
6 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
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7 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr

Similar Designation salaries in IDFC FIRST Bank

Credit Manager Salary

(211 salaries)

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Relationship Manager Salary

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₹2.7 L/yr - ₹12.06 L/yr

Banking Officer Salary

(76 salaries)

₹2.4 L/yr - ₹5.3 L/yr

Senior Banking Officer Salary

(67 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Collections Manager Salary

(54 salaries)

₹3 L/yr - ₹9 L/yr

Branch Manager Salary

(52 salaries)

₹8 L/yr - ₹27.8 L/yr

Branch Relationship Manager Salary

(43 salaries)

₹3.75 L/yr - ₹11 L/yr

Deputy Branch Manager Salary

(31 salaries)

₹5 L/yr - ₹12.55 L/yr

Debt Manager Salary

(25 salaries)

₹3.7 L/yr - ₹11.72 L/yr

Acquisition Manager Salary

(20 salaries)

₹2.8 L/yr - ₹6.5 L/yr

Top skills at IDFC FIRST Bank for Product Sales Manager

Product Sales Management Retail Retail Banking CMS Relationship Sales Strategy Production Client Meeting Banking Merchant Acquiring Client Handling Compliance Business Delivery Cash Management

Salary related reviews for IDFC FIRST Bank

Acquisition Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 20 Nov 2024

4.0

for Salary and Benefits

Likes

...hat you get after joining the Idfc first bank 1. You get a family mediclaim. 2. You get bonus as you complete 1 year. 3. You get Travel Expense. 4. You get reimbursement of you monthly phone bill

Salary - Good

+1 more

Dislikes

Company's Culture is not good, So before joining the retail banking in Idfc First bank think twice .

Promotions - Poor

+3 more

Senior Relationship Manager in Shivamogga

Full Time

Finance & Accounting Department

5.0

• posted on 08 Nov 2024

5.0

for Salary and Benefits

Likes

On time salary and weekly off. And our products and policy is very simple and and S_. _C APPLICATION to work easily

Salary - Excellent

+6 more

Dislikes

In our branch we don't have customer meeting room . It's very shameful me when I discussions with customer

Acquisition Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 18 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

...errible and the branch manager of green park and their bsm both are manner less. If you want good package then you can join n if you want mental health then I suggest pls don't join.

Skill development - Bad

+4 more

Collections Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 20 Jun 2024

1.0

for Salary and Benefits

Likes

I don’t like anything about this company expect the fast that you will get your salary on time thats it.

Dislikes

They are asking employee to work 7 days a week and still proud of growth saying that competition is really high you need to work all 7 days. No work life balance You will just be left with money no time to spend it. Abusive seniors mental harassment if you refuse to work on sunday’s

Salary - Bad

+6 more

Branch Relationship Manager in Vapi

Full Time

Sales & Business Development Department

4.0

• posted on 08 Oct 2024

5.0

for Salary and Benefits

Likes

Salary growth is the best also incentive parts are the best before

Salary - Excellent

+5 more

Dislikes

Bank is the best for growth and career but Branch Manager is the main part to Handel everything like employees work culture behavior supportive etc that the (-) point at bank

see more salary related reviews

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What people are saying about IDFC FIRST Bank

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a senior business analyst

Salary discussion

For a BA/PM, is 50% increment on current salary is too much to ask? Background: MBA from IIM, BE - Computer Science from tier 2 college, ~3 Years experience.

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IDFC FIRST Bank Product Sales Manager Salary FAQs

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

The average salary of a Product Sales Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹7.8 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Product Sales Manager in Mumbai at IDFC FIRST Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Product Sales 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 4 IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Product Sales Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹89,935 to ₹92,299 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 5 years to 9 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 are the key skills required to be a Product Sales Manager at IDFC FIRST Bank in Mumbai?

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

- Product Sales
- Management
- Retail
- Retail Banking
- CMS

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 Product Sales Manager in India?

Parker Hannifin

₹28.0 Lakhs to ₹36.0 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 Product Sales Manager in companies similar to IDFC FIRST Bank in Mumbai?

The salary of a Product Sales 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:

Yes Bank	₹4.8 Lakhs to ₹19.0 Lakhs per year
ICICI Bank	₹6.0 Lakhs to ₹8.1 Lakhs per year
Kotak Mahindra Bank	₹4.5 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank	₹7.5 Lakhs to ₹10.0 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 Product Sales Manager at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
5 years	₹10.4 Lakhs to ₹13.3 Lakhs per year
6 years	₹10.6 Lakhs to ₹13.6 Lakhs per year
7 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
8 years	₹11.0 Lakhs to ₹14.0 Lakhs per year

and so on.

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IDFC FIRST Bank Product Sales Manager Salaries in Mumbai

IDFC FIRST Bank Product Sales Manager salary in Mumbai ranges between ₹7.8 Lakhs to ₹20 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.