IDFC FIRST Bank PSM Salaries by Employees (Updated 2024)

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₹9.9 Lakhs - ₹12.7 Lakhs

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Last Updated: 29 Sep 2024

Companies similar to IDFC FIRST Bank for PSM

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank PSM Salary 2 - 14 years exp. (8 salaries)	₹5 L/yr - ₹8.6 L/yr 45% less
IndusInd Bank PSM Salary 10 - 13 years exp. (3 salaries)	₹9 L/yr - ₹10 L/yr 18% less
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Yes Bank PSM Salary 2 - 8 years exp. (6 salaries)	₹3.7 L/yr - ₹5 L/yr 62% less
RBL Bank PSM Salary 4 - 12 years exp. (4 salaries)	₹3.4 L/yr - ₹5 L/yr 65% less
Britannia PSM Salary 1 - 10 years exp. (142 salaries)	₹1.2 L/yr - ₹5 L/yr 70% less

PSM salary at IDFC FIRST Bank ranges between ₹9.9 Lakhs to ₹12.7 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of IDFC FIRST Bank.

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Salary related reviews for IDFC FIRST Bank

Sales & Marketing in Rourkela

Finance Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

...he management is transparent. There is a huge cafeteria and arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Sales Management Trainee in Hyderabad / Secunderabad

Finance & Accounting Department

5.0

• posted on 25 Mar 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give salary hike and bonus every year.

Dislikes

There is a lot of politics and the HR doesn’t address our issues.

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

Dislikes

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

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.

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.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDFC FIRST Bank PSM Salary FAQs

What is the notice period for PSM at IDFC FIRST Bank?

According to AmbitionBox, 100% of the IDFC FIRST Bank PSMs reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IDFC FIRST Bank PSM Salaries

IDFC FIRST Bank PSM salary in India ranges between ₹9.9 Lakhs to ₹12.7 Lakhs. This is an estimate based on latest salaries received from employees of IDFC FIRST Bank.