IDFC FIRST Bank Mumbai Relationship Officer Salaries by 20+ Employees

0 - 6 years exp.

₹1.4 Lakh - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% more than the average Relationship Officer Salary in Banking Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Relationship Officer Salary 1 - 6 years exp. (9 salaries)	₹2.4 L/yr - ₹5.5 L/yr
Customer Success, Service & Operations Relationship Officer Salary 2 - 5 years exp. (6 salaries)	₹3.1 L/yr - ₹5.3 L/yr
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Sales & Business Development Relationship Officer Salary 0 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹5.2 L/yr
Finance & Accounting Relationship Officer Salary 1 - 6 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹5.3 L/yr
Marketing & Communication Relationship Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.4 L/yr

Last Updated: 24 Dec 2024

Companies similar to IDFC FIRST Bank for Relationship Officer in Mumbai

IDFC FIRST Bank Relationship Officer Salary

0 - 6 years exp. (29 salaries)

₹1.4 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Relationship Officer Salary 0 - 7 years exp. (283 salaries)	₹1.1 L/yr - ₹5 L/yr 19% less	17 job openings
Kotak Mahindra Bank Relationship Officer Salary 0 - 7 years exp. (122 salaries)	₹2.3 L/yr - ₹6.1 L/yr 1% more
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HDFC Bank Relationship Officer Salary 0 - 6 years exp. (98 salaries)	₹1.2 L/yr - ₹4.8 L/yr 18% less	1 job opening
ICICI Bank Relationship Officer Salary 0 - 7 years exp. (50 salaries)	₹1.8 L/yr - ₹4.5 L/yr 4% less
IndusInd Bank Relationship Officer Salary 0 - 6 years exp. (29 salaries)	₹1.4 L/yr - ₹4 L/yr 1% less	23 job openings
Ujjivan Small Finance Bank Relationship Officer Salary 1 - 8 years exp. (17 salaries)	₹2.1 L/yr - ₹3.5 L/yr 12% less	2 job openings
RBL Bank Relationship Officer Salary 0 - 6 years exp. (15 salaries)	₹1.8 L/yr - ₹3 L/yr 26% less
Utkarsh Small Finance Bank Relationship Officer Salary 1 - 7 years exp. (12 salaries)	₹2.4 L/yr - ₹3.5 L/yr 13% less	4 job openings
Yes Bank Relationship Officer Salary 1 - 6 years exp. (7 salaries)	₹2.2 L/yr - ₹4.4 L/yr 10% less	2 job openings
Federal Bank Relationship Officer Salary 1 - 4 years exp. (5 salaries)	₹4.5 L/yr - ₹13 L/yr 179% more
Jana Small Finance Bank Relationship Officer Salary 1 - 5 years exp. (3 salaries)	₹1.6 L/yr - ₹2.5 L/yr 34% less
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Relationship Officer salary at IDFC FIRST Bank ranges between ₹1.4 Lakh to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 29 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Relationship Officer salaries in Mumbai

Last Updated: 24 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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2 years (3 salaries)	₹1.2 L/yr - ₹5.3 L/yr
3 years (6 salaries)	₹1.3 L/yr - ₹4.5 L/yr
4 years (4 salaries)	₹3.5 L/yr - ₹5.2 L/yr
5 years (6 salaries)	₹2 L/yr - ₹4.4 L/yr
6 years (6 salaries)	₹4 L/yr - ₹5.5 L/yr

View all

From

Relationship Officer

0 - 6 years exp.

Acquisition Manager

0 - 9 years exp.

From

Relationship Officer

0 - 6 years exp.

Senior Relationship Officer

2 - 7 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

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Senior Associate Salary

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₹1.95 L/yr - ₹5.5 L/yr

Top skills at IDFC FIRST Bank for Relationship Officer

Branch Banking Penetration Relationship Client Acquisition Banking Sales Planning CRM Customer Satisfaction Customer Complaints Competitor Analysis Sales Corporate Growth Strategy Sales Initiatives Retail

Salary related reviews for IDFC FIRST Bank

4.1

Rated by 6 employees for salary & benefits

Relationship Officer in Hisar

Retail Banking Department

5.0

• posted on 24 Apr 2021

5.0

for Salary and Benefits

Likes

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

Salary - Excellent

+6 more

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Salary - Excellent

+1 more

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Skill development - Bad

+4 more

Sales Executive in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 13 Sep 2023

1.0

for Salary and Benefits

Likes

Nothing I just only like that they give you the off but in that off they cut the salary also what is the job is this??? So it means I don't like this job, they don't hire you permanently because of if you don't give the targeted thing they will don't give you the salary and they expect ki hum inko itna Business karke de ki jitna Inka bhai karke dede

Dislikes

I don't like to work in this company as employee and already working in this bank as I am very disappointed in this company by seniors saloni bhalla territory manager of sepl and pradeep saluja state head of sepl. I feel discrimination in this company by the seniors and the other staff I am also like them I wanted to fall so I can work at there but I really didn't felt about that.

Salary - Bad

+5 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 28 Mar 2023

4.0

for Salary and Benefits

Likes

This is my first job and had great experience working in IDFC FIRST BANK. Got alot to learn and I got chance to built new skills. Work culture is smooth, on every level people guide and support so never felt lack of learning in any point of situation.

Salary - Good

+4 more

Dislikes

There is nothing to hate about IDFC , but no body can ever be satisfied from their salary, but obviously according to me salary offer to me was less as compared to market value my skills and knowledge hold , it's been one year , I am not seeing appraisal scope here , so planning to change my job , After all we all are here to earn and learn .

Promotions - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about IDFC FIRST Bank

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a senior business analyst

Salary discussion

For a BA/PM, is 50% increment on current salary is too much to ask? Background: MBA from IIM, BE - Computer Science from tier 2 college, ~3 Years experience.

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IDFC FIRST Bank Relationship Officer Salary FAQs

What is the salary of Relationship Officer at IDFC FIRST Bank in Mumbai?

The average salary of a Relationship Officer at IDFC FIRST Bank in Mumbai typically ranges from ₹1.4 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Relationship Officer in Mumbai at IDFC FIRST Bank earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Relationship Officer 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 20+ IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Relationship Officer at IDFC FIRST Bank in Mumbai typically ranges from ₹24,452 to ₹25,898 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher to 6 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 20+ 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 Officer at IDFC FIRST Bank in Mumbai?

To be a Relationship Officer at IDFC FIRST Bank in Mumbai, the key skills required include:

- Branch Banking
- Penetration
- Relationship
- Client Acquisition
- Banking

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 Officer in India?

Federal Bank	₹4.5 Lakhs to ₹13.0 Lakhs per year
Kotak Mahindra Bank	₹2.3 Lakhs to ₹6.1 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 Officer in companies similar to IDFC FIRST Bank in Mumbai?

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

IndusInd Bank	₹1.4 Lakhs to ₹4.0 Lakhs per year
ICICI Bank	₹1.8 Lakhs to ₹4.5 Lakhs per year
Yes Bank	₹2.2 Lakhs to ₹4.4 Lakhs per year
Ujjivan Small Finance Bank	₹2.1 Lakhs to ₹3.5 Lakhs per year
Utkarsh Small Finance Bank	₹2.4 Lakhs to ₹3.5 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 Relationship Officer at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.7 Lakhs per year
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹1.2 Lakhs to ₹5.3 Lakhs per year
3 years	₹1.3 Lakhs to ₹4.5 Lakhs per year

and so on.

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IDFC FIRST Bank Relationship Officer Salaries in Mumbai

IDFC FIRST Bank Relationship Officer salary in Mumbai ranges between ₹1.4 Lakh to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.