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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Relationship Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 13 years exp.
₹2.7 Lakhs - ₹12.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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36% more than the average Relationship Manager Salary in Banking Companies for 0 - 13 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
0 - 13 years exp. (36 salaries)
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₹2.8 L/yr - ₹13 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
1 - 12 years exp. (22 salaries)
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₹3 L/yr - ₹9.1 L/yr

Sales & Business Development
Relationship Manager Salary
2 - 7 years exp. (14 salaries)
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₹2.6 L/yr - ₹10.7 L/yr

Finance & Accounting
Relationship Manager Salary
0 - 8 years exp. (13 salaries)
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₹2 L/yr - ₹10.3 L/yr

Marketing & Communication
Relationship Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹10.5 L/yr

Last Updated: 31 Mar 2025

Companies similar to IDFC FIRST Bank for Relationship Manager in Mumbai

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IDFC FIRST Bank Relationship Manager Salary

0 - 13 years exp. (101 salaries)

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₹2.7 L/yr - ₹12.1 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Relationship Manager Salary

0 - 19 years exp. (1.9k salaries)

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₹3.1 L/yr - ₹11.5 L/yr

arrow icon 12% more
1 job opening
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HDFC Bank Relationship Manager Salary

0 - 15 years exp. (827 salaries)

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₹2.4 L/yr - ₹11.8 L/yr

arrow icon 3% more
67 job openings
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Kotak Mahindra Bank Relationship Manager Salary

0 - 10 years exp. (459 salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 17% less
6 job openings
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IndusInd Bank Relationship Manager Salary

0 - 15 years exp. (214 salaries)

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₹3.5 L/yr - ₹13.2 L/yr

arrow icon 15% more
174 job openings
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Axis Bank Relationship Manager Salary

0 - 15 years exp. (197 salaries)

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₹3 L/yr - ₹13.3 L/yr

arrow icon 10% more
4 job openings
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RBL Bank Relationship Manager Salary

0 - 10 years exp. (190 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 36% less
4 job openings
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Yes Bank Relationship Manager Salary

0 - 13 years exp. (156 salaries)

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₹3.5 L/yr - ₹14.2 L/yr

arrow icon 13% more
14 job openings
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Standard Chartered Relationship Manager Salary

1 - 12 years exp. (97 salaries)

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₹4 L/yr - ₹16.7 L/yr

arrow icon 32% more
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₹2.5 L/yr - ₹6.3 L/yr

arrow icon 42% less
3 job openings
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Bandhan Bank Relationship Manager Salary

0 - 6 years exp. (16 salaries)

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₹1.9 L/yr - ₹6.9 L/yr

arrow icon 31% less
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₹3.2 L/yr - ₹8 L/yr

arrow icon 27% less
1 job opening
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IDBI Bank Relationship Manager Salary

1 - 10 years exp. (6 salaries)

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₹11.5 L/yr - ₹22 L/yr

arrow icon 93% more
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Federal Bank Relationship Manager Salary

0 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹3.6 L/yr

arrow icon 55% less
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₹29.3 L/yr - ₹35 L/yr

arrow icon 364% more
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Karur Vysya Bank Relationship Manager Salary

1 - 10 years exp. (3 salaries)

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₹6 L/yr - ₹7.5 L/yr

arrow icon 12% less
4 job openings
Relationship Manager salary at IDFC FIRST Bank ranges between ₹2.7 Lakhs to ₹12.1 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 101 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Relationship Manager in Mumbai

5d ago
₹4 Lakhs
5 years exp.
1w ago
₹9.3 Lakhs
9 years exp.
2w ago
₹5.5 Lakhs
7 years exp.
2w ago
₹6.7 Lakhs
10 years exp.
3w ago
₹5 Lakhs
4 years exp.
3w ago
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5 years exp.
3w ago
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1 year exp.
1mo ago
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11 years exp.
1mo ago
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2 years exp.
1mo ago
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7 years exp.

Experience wise IDFC FIRST Bank Relationship Manager salaries in Mumbai

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹2 L/yr - ₹8.1 L/yr
1 year  (12 salaries)

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₹3 L/yr - ₹8.1 L/yr
2 years  (10 salaries)

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₹2.6 L/yr - ₹8 L/yr
3 years  (12 salaries)

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₹2.8 L/yr - ₹9.1 L/yr
4 years  (7 salaries)

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₹3 L/yr - ₹10 L/yr
View all
IDFC FIRST Bank Relationship Manager Salary and Career Growth

From

To

Relationship Manager

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0 - 14 years exp.

Cluster Head

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10 - 20 years exp.

From

To

Relationship Manager

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0 - 14 years exp.

Area Head

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8 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary
(602 salaries)
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₹3 L/yr - ₹9.5 L/yr
Sales Manager Salary
(136 salaries)
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₹3 L/yr - ₹11.4 L/yr
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₹4.1 L/yr - ₹14 L/yr
Branch Manager Salary
(53 salaries)
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₹8 L/yr - ₹26 L/yr
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₹8.5 L/yr - ₹23 L/yr
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₹1.35 L/yr - ₹5.5 L/yr
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₹4.15 L/yr - ₹10 L/yr
Area Manager Salary
(3 salaries)
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₹10.5 L/yr - ₹15.5 L/yr

Top skills at IDFC FIRST Bank for Relationship Manager

Relationship Branch Banking Customer Acquisition Relationship Management Monitoring Sales Planning Analytical Financial Statements Customer Service Business Banking Credit Assessment Customer Profitability Retail Banking Customer Satisfaction Penetration

Salary related reviews for IDFC FIRST Bank

3.4

Rated by 16 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Sep 2023

2.0
 for  Salary and Benefits

Likes

Currently, the pay they are offering is good

Dislikes

...e a fancy job discription and in relaity, the job we do is completely different. They harras employees and even after resigning, they harrass for due payment.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 17 Jul 2022

3.0
 for  Salary and Benefits

Likes

Pay Scale, on time appraisals and promotions

Dislikes

Work life balance Management Management’s attitude because of which there is such high attrition yet HR would do nothing about one or two people especially in the management who are root cause of all problem

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 23 May 2022

4.0
 for  Salary and Benefits

Likes

Supportive staff,appraisals are good and salary hikes are good. Employee benifits and good incentive.

read more
  • Salary - Good
  • +4 more

Dislikes

Product policy is not as per market. Difficulties arrives during manual login and disbursement of loans.

Sales & Business Development Department

4.0
  •  posted on 01 May 2022

4.0
 for  Salary and Benefits

Likes

IDFC provides opportunity for growth both financial and in career. Good compensation and incentives, have to work after hours but not too late. The culture is accommodating and overall a decent work environment.

read more
  • Salary - Good
  • +4 more

Dislikes

It is a new bank still in need of proper structure and procedures. There is no well defined approval authority to resolve problems or guidelines and processes for many tasks that in any older bank is just trivial.

read more

Sales & Business Development Department

4.0
  •  posted on 06 Jan 2018

3.0
 for  Salary and Benefits

Likes

The working culture is very good and one would not find any hierarchy system in company. It’s a free to interact kind of culture there. It’s high on technology. I hope it would feature in good places to work one day

read more
  • Job security - Good
  • +3 more

Dislikes

What I felt is career growth is limited and salary was not good but appraisal system is superb.

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see more salary related reviews

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IDFC FIRST Bank Relationship Manager Salary FAQs

What is the salary of Relationship Manager at IDFC FIRST Bank in Mumbai?
The average salary of a Relationship Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹2.7 Lakhs to ₹12.1 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Relationship Manager in Mumbai at IDFC FIRST Bank earn more than ₹10.1 Lakhs per year, and the top 1% earn over ₹12.8 Lakhs per year. Relationship Manager 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 100+ IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Relationship Manager at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Relationship Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹53,659 to ₹54,996 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹12.1 Lakhs per year for employees with experience ranging from Fresher to 13 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 100+ 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 Relationship Manager at IDFC FIRST Bank in Mumbai?
To be a Relationship Manager at IDFC FIRST Bank in Mumbai, the key skills required include:

  • - Relationship
  • - Branch Banking
  • - Customer Acquisition
  • - Relationship Management
  • - Monitoring

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 Relationship Manager in India?
HSBC Global Banking and Markets ₹29.3 Lakhs to ₹35.0 Lakhs per year
IDBI Bank ₹11.5 Lakhs to ₹22.0 Lakhs per year
Standard Chartered ₹4.0 Lakhs to ₹16.7 Lakhs per year
IndusInd Bank ₹3.5 Lakhs to ₹13.2 Lakhs per year
Yes Bank ₹3.5 Lakhs to ₹14.2 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 Relationship Manager in companies similar to IDFC FIRST Bank in Mumbai?
The salary of a Relationship Manager at companies similar to IDFC FIRST Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹3.1 Lakhs to ₹11.5 Lakhs per year
Axis Bank ₹3.0 Lakhs to ₹13.3 Lakhs per year
HDFC Bank ₹2.4 Lakhs to ₹11.8 Lakhs per year
Karur Vysya Bank ₹6.0 Lakhs to ₹7.5 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹10.0 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 Relationship Manager at IDFC FIRST Bank in Mumbai?
The salary growth for a Relationship Manager at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹8.1 Lakhs per year
1 year ₹3.0 Lakhs to ₹8.1 Lakhs per year
2 years ₹2.6 Lakhs to ₹8.0 Lakhs per year
3 years ₹2.8 Lakhs to ₹9.1 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Relationship Manager salary in Mumbai ranges between ₹2.7 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 101 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.