IDFC FIRST Bank Relationship Manager - SME Salaries by 5 Employees (Updated 2024)

1 - 8 years exp.

₹4.5 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Relationship Manager - SME Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager - SME Salary 1 - 4 years exp. (3 salaries)	₹4.5 L/yr - ₹6.7 L/yr
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Risk Management & Compliance Relationship Manager - SME Salary 2 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 28 Oct 2023

Companies similar to IDFC FIRST Bank for Relationship Manager - SME

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Relationship Manager - SME Salary 4 - 8 years exp. (4 salaries)	₹8 L/yr - ₹13.3 L/yr 22% more
ICICI Bank Relationship Manager - SME Salary 0 - 8 years exp. (51 salaries)	₹4.4 L/yr - ₹17.9 L/yr 35% more
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Axis Bank Relationship Manager - SME Salary 1 - 13 years exp. (28 salaries)	₹5.4 L/yr - ₹16.5 L/yr 16% more
Kotak Mahindra Bank Relationship Manager - SME Salary 1 - 11 years exp. (5 salaries)	₹7.2 L/yr - ₹11 L/yr 25% more
IndusInd Bank Relationship Manager - SME Salary 4 - 18 years exp. (4 salaries)	₹5.5 L/yr - ₹20 L/yr 58% more	1 job opening
Yes Bank Relationship Manager - SME Salary 0 - 13 years exp. (6 salaries)	₹9.2 L/yr - ₹12.5 L/yr 41% more
Bandhan Bank Relationship Manager - SME Salary 4 - 16 years exp. (18 salaries)	₹6.8 L/yr - ₹13.1 L/yr 28% more

Relationship Manager - SME salary at IDFC FIRST Bank ranges between ₹4.5 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Relationship Manager - SME salaries

Last Updated: 28 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.3 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹8 L/yr
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3 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
4 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹13.8 L/yr
5 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
7 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12 L/yr

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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

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.

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.

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

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

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

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a technical project manager

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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 Relationship Manager - SME Salary FAQs

What is the salary of Relationship Manager - SME at IDFC FIRST Bank?

Relationship Manager - SME salary at IDFC FIRST Bank in India ranges between ₹4.5 Lakhs to ₹12.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 32% less than the average Relationship Manager - SME Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank India.

How does the salary of a Relationship Manager - SME at IDFC FIRST Bank India compare with the average salary range for this job?

The average salary of a Relationship Manager - SME at IDFC FIRST Bank is 32% less than the average salary of a Relationship Manager - SME in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDFC FIRST Bank to a Relationship Manager - SME in India?

IndusInd Bank Relationship Manager - SME Salary - ₹5.5 Lakhs to ₹20.0 Lakhs per year
Yes Bank Relationship Manager - SME Salary - ₹9.2 Lakhs to ₹12.5 Lakhs per year
ICICI Bank Relationship Manager - SME Salary - ₹4.4 Lakhs to ₹17.9 Lakhs per year
Bandhan Bank Relationship Manager - SME Salary - ₹6.8 Lakhs to ₹13.1 Lakhs per year
Kotak Mahindra Bank Relationship Manager - SME Salary - ₹7.2 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Relationship Manager - SME in companies similar to IDFC FIRST Bank in India?

HDFC Bank Relationship Manager - SME Salary - ₹8.0 Lakhs to ₹13.3 Lakhs per year
Axis Bank Relationship Manager - SME Salary - ₹5.4 Lakhs to ₹16.5 Lakhs per year

What is the estimated take home salary of a Relationship Manager - SME at IDFC FIRST Bank in India?

The estimated take-home salary of a Relationship Manager - SME at IDFC FIRST Bank ranges between ₹60,064 per month to ₹61,583 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Relationship Manager - SME salary in India which ranges between ₹4.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager - SME at IDFC FIRST Bank?

According to AmbitionBox, 100% of the IDFC FIRST Bank Relationship Manager - SMEs 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 Relationship Manager - SME Salaries

IDFC FIRST Bank Relationship Manager - SME salary in India ranges between ₹4.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.