IDFC FIRST Bank PSM Salaries by Employees (Updated 2025)

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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 0 - 13 years exp. (9 salaries)	₹5.5 L/yr - ₹8.6 L/yr 41% 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. (4 salaries)	₹4.3 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. (140 salaries)	₹1 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.

Salary - Excellent

+6 more

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.

Salary - Excellent

+6 more

Dislikes

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

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

see more salary related reviews

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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.