IDFC FIRST Bank Mumbai Production Engineer Salaries by 9 Employees (Updated 2025)

0 - 5 years exp.

₹6 Lakhs - ₹14.2 Lakhs

Salary of majority employees

164% more than the average Production Engineer Salary in Banking Companies for 0 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA Production Engineer Salary 0 - 2 years exp. (3 salaries)	₹9.2 L/yr - ₹10.6 L/yr
Engineering - Hardware & Networks Production Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹11.9 L/yr - ₹14.2 L/yr
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Customer Success, Service & Operations Production Engineer Salary Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹11.1 L/yr
Production, Manufacturing & Engineering Production Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹8 L/yr - ₹11.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to IDFC FIRST Bank for Production Engineer in Mumbai

IDFC FIRST Bank Production Engineer Salary

0 - 5 years exp. (9 salaries)

₹6 L/yr - ₹14.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Viraj Profiles Production Engineer Salary 1 - 9 years exp. (95 salaries)	₹1.8 L/yr - ₹6 L/yr 62% less
EPL Limited Production Engineer Salary 1 - 8 years exp. (71 salaries)	₹1.4 L/yr - ₹3.6 L/yr 72% less
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Bharat Gears Production Engineer Salary 1 - 10 years exp. (69 salaries)	₹1.3 L/yr - ₹4.5 L/yr 72% less
Asb International Production Engineer Salary 3 - 10 years exp. (63 salaries)	₹1.9 L/yr - ₹6.8 L/yr 59% less
Owens Corning Production Engineer Salary 2 - 9 years exp. (39 salaries)	₹2.4 L/yr - ₹5.2 L/yr 64% less

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 5 years. Salary estimates are based on 9 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Production Engineer salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
1 year (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
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2 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
3 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
4 years (3 salaries)	₹4.3 L/yr - ₹14.2 L/yr
5 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

Senior Production Engineer Salary

(12 salaries)

₹8 L/yr - ₹16 L/yr

Production Manager Salary

(5 salaries)

₹12 L/yr - ₹20 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

3.0

Rated by 1 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

SAT Executive in Navi Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 11 Mar 2025

1.0

for Salary and Benefits

Likes

It was a bad decision to work with such bank

Dislikes

... a month of serving my notice period my health was not that good to resume work. Even after submitting medical documents my employer terminated my service and stating that I need to pay the rest of money for the remaining days of my notice period and does not settled my FNF stating it's in negative

Salary - Bad

+6 more

Operations Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing as such. Loans were provided to employees at minimum interest rates

Job security - Good

Dislikes

...because of staff loans, management should work on curtailment of such behaviour. HR is unaware of basic policies, when on boarding they say that bonus would be around 40-50% but at appraisal time everything goes below water. During onboarding clearly mentioned that as per banks policy holidays on weekends, but after joining it's revealed that working is essential on weekends in month ends Such pathetic policies they have.

Salary - Poor

+5 more

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

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

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a manager - business analyst

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 Production Engineer Salary FAQs

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

The average salary of a Production Engineer at IDFC FIRST Bank in Mumbai typically ranges from ₹6.0 Lakhs to ₹14.2 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Production Engineer in Mumbai at IDFC FIRST Bank earn more than ₹14.2 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 9 IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Production Engineer at IDFC FIRST Bank in Mumbai typically ranges from ₹75,971 to ₹77,940 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 5 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 9 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 in Mumbai?

To be a Production Engineer at IDFC FIRST Bank in Mumbai, 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.

What is the salary of a Production Engineer in companies similar to IDFC FIRST Bank in Mumbai?

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

Asb International	₹1.9 Lakhs to ₹6.8 Lakhs per year
Viraj Profiles	₹1.8 Lakhs to ₹6.0 Lakhs per year
Owens Corning	₹2.4 Lakhs to ₹5.2 Lakhs per year
EPL Limited	₹1.4 Lakhs to ₹3.6 Lakhs per year
Bharat Gears	₹1.3 Lakhs to ₹4.5 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 Mumbai?

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

Experience	Average Salary Range
Fresher	₹8.1 Lakhs to ₹10.4 Lakhs per year
1 year	₹8.5 Lakhs to ₹10.9 Lakhs per year
2 years	₹8.9 Lakhs to ₹11.4 Lakhs per year
3 years	₹9.3 Lakhs to ₹11.9 Lakhs per year

and so on.

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IDFC FIRST Bank Production Engineer Salaries in Mumbai

IDFC FIRST Bank Production Engineer salary in Mumbai ranges between ₹6 Lakhs to ₹14.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

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

Companies similar to IDFC FIRST Bank for Production Engineer in Mumbai

Latest annual salaries shared by IDFC FIRST Bank Production Engineer in Mumbai

Experience wise IDFC FIRST Bank Production Engineer salaries in Mumbai

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

SAT Executive in Navi Mumbai

Operations Executive in Mumbai

Assistant Vice President in Hyderabad / Secunderabad

Senior Manager Hrbp in Jaipur

IDFC FIRST Bank Production Engineer Salary FAQs

Tell us how to improve this page.