IDFC FIRST Bank Retail Manager Salaries by 4 Employees

3 - 6 years exp.

₹3.9 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Retail Manager Salary in Banking Companies for 3 - 6 years of experience

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Salaries in different departments

Sales & Business Development Retail Manager Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹6 L/yr
Customer Success, Service & Operations Retail Manager Salary 3 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr
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Finance & Accounting Retail Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 21 Sep 2024

Companies similar to IDFC FIRST Bank for Retail Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Retail Manager Salary 2 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹5.9 L/yr 6% more
ICICI Bank Retail Manager Salary 10 - 14 years exp. (5 salaries)	₹6 L/yr - ₹8.4 L/yr 54% more
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Axis Bank Retail Manager Salary 0 - 5 years exp. (5 salaries)	₹7.1 L/yr - ₹12 L/yr 47% more
IndusInd Bank Retail Manager Salary 7 - 12 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 7% less
Yes Bank Retail Manager Salary 5 - 13 years exp. (4 salaries)	₹5.1 L/yr - ₹7.7 L/yr 26% more
Shinhan Bank Retail Manager Salary 4 - 7 years exp. (4 salaries)	₹4.1 L/yr - ₹7.5 L/yr 22% more

Retail Manager salary at IDFC FIRST Bank ranges between ₹3.9 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Retail Manager salaries

Last Updated: 21 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in IDFC FIRST Bank

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(4 salaries)

₹6.2 L/yr - ₹10.93 L/yr

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₹5 L/yr - ₹18 L/yr

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₹2.15 L/yr - ₹9.5 L/yr

Branch Manager Salary

(629 salaries)

₹6.25 L/yr - ₹26.37 L/yr

Sales Manager Salary

(997 salaries)

₹2.5 L/yr - ₹10 L/yr

Floor Manager Salary

(5 salaries)

₹2.75 L/yr - ₹3.25 L/yr

Operations Manager Salary

(200 salaries)

₹2.8 L/yr - ₹11.61 L/yr

Cluster Manager Salary

(212 salaries)

₹5.75 L/yr - ₹21 L/yr

Area Sales Manager Salary

(229 salaries)

₹6.08 L/yr - ₹23 L/yr

Department Manager Salary

(5 salaries)

₹3.4 L/yr - ₹9.75 L/yr

Top skills at IDFC FIRST Bank for Retail Manager

Performance Tuning Release management Information Technology Problem Solving Project Management Strategic Thinking Competitive Analysis Analytical Team Building Time Management Software Development Life Cycle Technical Documentation KPI Monitoring Agile Mentoring

Salary related reviews for IDFC FIRST Bank

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

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 May 2023

3.0

for Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

see more salary related reviews

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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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IDFC FIRST Bank Retail Manager Salary FAQs

What is the salary of Retail Manager at IDFC FIRST Bank ?

The average salary of a Retail Manager at IDFC FIRST Bank in India typically ranges from ₹3.9 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Retail Manager at IDFC FIRST Bank earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Retail 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 4 IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Retail Manager at IDFC FIRST Bank in India typically ranges from ₹36,961 to ₹38,172 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years 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 4 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 Retail Manager at IDFC FIRST Bank ?

To be a Retail Manager at IDFC FIRST Bank in india, the key skills required include:

- Performance Tuning
- Release management
- Information Technology
- Problem Solving
- Project Management

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 Retail Manager in India?

ICICI Bank	₹6.0 Lakhs to ₹8.4 Lakhs per year
Axis Bank	₹7.1 Lakhs to ₹12.0 Lakhs per year
Yes Bank	₹5.1 Lakhs to ₹7.7 Lakhs per year
Shinhan Bank	₹4.1 Lakhs to ₹7.5 Lakhs per year
HDFC Bank	₹3.3 Lakhs to ₹5.9 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 Retail Manager in companies similar to IDFC FIRST Bank in India?

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

IndusInd Bank

₹4.0 Lakhs to ₹5.0 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 Retail Manager at IDFC FIRST Bank in India?

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

Experience	Average Salary Range
3 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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IDFC FIRST Bank Retail Manager Salaries

IDFC FIRST Bank Retail Manager salary in India ranges between ₹3.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.