IDFC FIRST Bank Production Engineer Salaries by 20+ Employees (Updated 2025)

0 - 7 years exp.

₹6 Lakhs - ₹14.2 Lakhs

Salary of majority employees

150% more than the average Production Engineer Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

Engineering - Software & QA Production Engineer Salary 0 - 4 years exp. (4 salaries)	₹7 L/yr - ₹10.6 L/yr
Customer Success, Service & Operations Production Engineer Salary 0 - 7 years exp. (3 salaries)	₹6 L/yr - ₹10 L/yr
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Engineering - Hardware & Networks Production Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹14.2 L/yr
IT & Information Security Production Engineer Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹13 L/yr
Production, Manufacturing & Engineering Production Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.5 L/yr

Last Updated: 8 Mar 2025

Companies similar to IDFC FIRST Bank for Production Engineer

Company name	Avg Annual Salary	Open Jobs
Yes Bank Production Engineer Salary 1 - 7 years exp. (15 salaries)	₹1.3 L/yr - ₹4 L/yr 74% less
Standard Chartered Production Engineer Salary 5 - 12 years exp. (5 salaries)	₹14.5 L/yr - ₹25 L/yr 105% more
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Kotak Mahindra Bank Production Engineer Salary 0 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹9.7 L/yr 39% less
Axis Bank Production Engineer Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.5 L/yr 73% less
HDFC Bank Production Engineer Salary 4 - 6 years exp. (3 salaries)	₹12.5 L/yr - ₹16.9 L/yr 58% more

Production Engineer salary at IDFC FIRST Bank ranges between ₹6 Lakhs to ₹14.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 20 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Production Engineer salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹6 L/yr - ₹10.6 L/yr
1 year (4 salaries)	₹8 L/yr - ₹10.6 L/yr
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2 years (AmbitionBox Estimate)	₹6 L/yr - ₹9.2 L/yr
3 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
4 years (7 salaries)	₹7 L/yr - ₹14.2 L/yr
5 years (3 salaries)	₹10 L/yr - ₹14.2 L/yr
6 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.1 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

Production Officer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Production Manager Salary

(12 salaries)

₹12 L/yr - ₹23 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Production Engineer Salary

(23 salaries)

₹8 L/yr - ₹16.1 L/yr

Senior Engineer Salary

(4 salaries)

₹10.91 L/yr - ₹32 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹27.9 L/yr - ₹35.7 L/yr

Associate Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Top skills at IDFC FIRST Bank for Production Engineer

Production Support Data Mining Information Technology Troubleshooting Automation Data Analysis Performance Management Continuous Improvement RCA Auditing Data Extraction System monitoring Production Engineering

Salary related reviews for IDFC FIRST Bank

2.1

Rated by 2 employees for salary & benefits

Production Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 08 Nov 2024

3.0

for Salary and Benefits

Likes

Salary structure is good depend on the role.

Dislikes

There is no fixed working hours. Partiality between employees by manager. Recession without any reason. No one listen employee concern. Overall Working culture is terrible.

Skill development - Bad

+5 more

Senior Manager Hrbp in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Dec 2024

5.0

for Salary and Benefits

Likes

It has good compensation and promotion policy for internal talent Top Leadership has lot of focus in driving the bank forward

Salary - Excellent

+5 more

Dislikes

It lags in overall learning and development of talent Support teams are somewhat inefficient

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

Teller in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 Nov 2024

4.0

for Salary and Benefits

Likes

Only their salary structure is good.

Salary - Good

+1 more

Dislikes

I resigned from this job because there was too much of favoritism specially in their Lower Parel branch. There is this person name Ajeetkumar Pandey (Branch Relationship Manager) who was previously Banker Authoriser is worst. 10 to 12 tellers/ cashier have resigned because of him. He is very smart in terms of office politics. And if people try to complain to the HR then he fulfills the branch's target so HR won't blame or question him. Worst HR and management.

Skill development - Bad

+4 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

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDFC FIRST Bank Production Engineer Salary FAQs

What is the salary of Production Engineer at IDFC FIRST Bank ?

The average salary of a Production Engineer at IDFC FIRST Bank in India typically ranges from ₹6.0 Lakhs to ₹14.2 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Production Engineer at IDFC FIRST Bank earn more than ₹13.6 Lakhs per year, and the top 1% earn over ₹14.2 Lakhs per year. Production Engineer 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 20+ IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Production Engineer at IDFC FIRST Bank in India typically ranges from ₹69,573 to ₹71,361 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹14.2 Lakhs per year for employees with experience ranging from Fresher to 7 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 20+ 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 Production Engineer at IDFC FIRST Bank ?

To be a Production Engineer at IDFC FIRST Bank in india, the key skills required include:

- Production Support
- Data Mining
- Information Technology
- Troubleshooting
- Automation

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 Production Engineer in India?

Standard Chartered	₹14.5 Lakhs to ₹25.0 Lakhs per year
HDFC Bank	₹12.5 Lakhs to ₹16.9 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 Production Engineer in companies similar to IDFC FIRST Bank in India?

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

Kotak Mahindra Bank	₹3.5 Lakhs to ₹9.7 Lakhs per year
Axis Bank	₹2.0 Lakhs to ₹3.5 Lakhs per year
Yes Bank	₹1.3 Lakhs to ₹4.0 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 Production Engineer at IDFC FIRST Bank in India?

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

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹10.6 Lakhs per year
1 year	₹8.0 Lakhs to ₹10.6 Lakhs per year
2 years	₹6.0 Lakhs to ₹9.2 Lakhs per year
3 years	₹8.4 Lakhs to ₹10.8 Lakhs per year

and so on.

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IDFC FIRST Bank Production Engineer Salaries

IDFC FIRST Bank Production Engineer salary in India ranges between ₹6 Lakhs to ₹14.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Production Engineer salaries in India (Updated 2025)

Companies similar to IDFC FIRST Bank for Production Engineer

Latest annual salaries shared by IDFC FIRST Bank Production Engineer

Experience wise IDFC FIRST Bank Production Engineer salaries

Similar Designation salaries in IDFC FIRST Bank

Top skills at IDFC FIRST Bank for Production Engineer

Salary related reviews for IDFC FIRST Bank

Production Engineer in Mumbai

Senior Manager Hrbp in Jaipur

Acquisition Manager in Mumbai

Teller in Mumbai

Senior Relationship Manager in Shivamogga

IDFC FIRST Bank Production Engineer Salary FAQs

Tell us how to improve this page.

IDFC FIRST Bank Production Engineer Salaries by Location