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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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

Annual salary range
0 - 12 years exp.
₹3 Lakhs - ₹11.4 Lakhs
Salary of majority employees
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7% less than the average Sales Manager Salary in Banking Companies for 0 - 12 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Sales & Business Development
Sales Manager Salary
1 - 10 years exp. (39 salaries)
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₹3.2 L/yr - ₹10.2 L/yr

BFSI, Investments & Trading
Sales Manager Salary
1 - 10 years exp. (28 salaries)
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₹3 L/yr - ₹10 L/yr

Finance & Accounting
Sales Manager Salary
0 - 10 years exp. (15 salaries)
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₹3 L/yr - ₹7 L/yr

Marketing & Communication
Sales Manager Salary
0 - 7 years exp. (11 salaries)
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₹4 L/yr - ₹7.5 L/yr

Customer Success, Service & Operations
Sales Manager Salary
1 - 8 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹8.8 L/yr

Last Updated: 18 Mar 2025

Companies similar to IDFC FIRST Bank for Sales Manager in Mumbai

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IDFC FIRST Bank Sales Manager Salary

0 - 12 years exp. (136 salaries)

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₹3 L/yr - ₹11.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Sales Manager Salary

0 - 16 years exp. (563 salaries)

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₹3.5 L/yr - ₹13 L/yr

arrow icon 14% more
5 job openings
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Axis Bank Sales Manager Salary

0 - 16 years exp. (303 salaries)

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₹3 L/yr - ₹13.9 L/yr

arrow icon 21% more
2 job openings
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Kotak Mahindra Bank Sales Manager Salary

1 - 12 years exp. (131 salaries)

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₹1.8 L/yr - ₹10.7 L/yr

At par
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Yes Bank Sales Manager Salary

1 - 12 years exp. (64 salaries)

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₹3 L/yr - ₹11.8 L/yr

arrow icon 7% more
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IndusInd Bank Sales Manager Salary

2 - 11 years exp. (53 salaries)

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₹2.4 L/yr - ₹11.2 L/yr

At par
38 job openings
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ICICI Bank Sales Manager Salary

0 - 13 years exp. (52 salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 3% more
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₹2.8 L/yr - ₹8 L/yr

arrow icon 7% less
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Bandhan Bank Sales Manager Salary

2 - 9 years exp. (10 salaries)

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₹4.5 L/yr - ₹7.3 L/yr

arrow icon 6% less
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RBL Bank Sales Manager Salary

3 - 9 years exp. (9 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 8% less
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Jana Small Finance Bank Sales Manager Salary

4 - 10 years exp. (7 salaries)

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₹2.8 L/yr - ₹6.8 L/yr

arrow icon 15% less
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Standard Chartered Sales Manager Salary

6 - 9 years exp. (5 salaries)

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₹7.4 L/yr - ₹12 L/yr

arrow icon 52% more
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Emirates NBD Sales Manager Salary

7 - 9 years exp. (4 salaries)

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₹6 L/yr - ₹18.8 L/yr

arrow icon 79% more
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Karur Vysya Bank Sales Manager Salary

5 - 9 years exp. (3 salaries)

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₹5.5 L/yr - ₹9 L/yr

arrow icon 21% more
Sales Manager salary at IDFC FIRST Bank ranges between ₹3 Lakhs to ₹11.4 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 136 latest salaries received from various employees of IDFC FIRST Bank.

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

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Experience wise IDFC FIRST Bank Sales Manager salaries in Mumbai

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
Fresher  (6 salaries)

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₹3.5 L/yr - ₹7 L/yr
1 year  (13 salaries)

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₹3 L/yr - ₹8.5 L/yr
2 years  (13 salaries)

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₹4 L/yr - ₹8.1 L/yr
3 years  (15 salaries)

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₹3 L/yr - ₹6.8 L/yr
4 years  (16 salaries)

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

From

To

Sales Manager

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0 - 12 years exp.

Regional Head

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11 - 22 years exp.

Sales Manager

0 - 12 years exp.
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Territory Manager

1 - 13 years exp.
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arrow icon 30% hike

State Head

5 - 18 years exp.
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arrow icon 83% hike
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
(599 salaries)
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₹3 L/yr - ₹9.5 L/yr
Sales Officer Salary
(162 salaries)
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₹1.15 L/yr - ₹4.8 L/yr
Branch Manager Salary
(54 salaries)
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₹8 L/yr - ₹27.6 L/yr
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₹8.5 L/yr - ₹24 L/yr
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₹4.1 L/yr - ₹12.8 L/yr
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₹6 L/yr - ₹13 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 Sales Manager

Retail Banking Compliance Transaction Banking Customer Interaction Client Acquisition Relationship Automation Mentoring Supervision Sales Banking Loans Management Sales Management Gold Loan

Salary related reviews for IDFC FIRST Bank

2.3

Rated by 15 employees for salary & benefits

Marketing & Communication Department

3.0
  •  posted on 22 Mar 2019

3.0
 for  Salary and Benefits

Likes

Only the fact that you learn something and there is a job security and timely salary.

read more
  • Skill development - Good
  • +1 more

Dislikes

Upper management is pathetic "no personnel life for you" is there motto you will have to work on weekend on leave even when you are sick. Due to which there is high attrition ratio.

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 30 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary and incentives are higher than what other banks offer.

  • Salary - Good

Dislikes

Work culture needs improvement, you are expected to work even during holidays or when you've taken an off, unchecked power is there, State heads can relentlessly target their TSMs and public humiliation is considered normal.

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 27 Jan 2025

5.0
 for  Salary and Benefits

Likes

Salary they provide is As per standards and even better in some cases.

  • Salary - Excellent
  • +1 more

Dislikes

In you are working in sales domain then it's almost impossible to meet target if you are in certain departments , so do your research before joining

read more
  • Job security - Poor
  • +2 more

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

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  • Skill development - Bad
  • +4 more

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

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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.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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IDFC FIRST Bank Sales Manager Salary FAQs

What is the salary of Sales Manager at IDFC FIRST Bank in Mumbai?
The average salary of a Sales Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹3.0 Lakhs to ₹11.4 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Sales Manager in Mumbai at IDFC FIRST Bank earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹10.4 Lakhs per year. Sales 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 Sales Manager at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Sales Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹48,731 to ₹49,883 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹11.4 Lakhs per year for employees with experience ranging from Fresher to 12 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 Sales Manager at IDFC FIRST Bank in Mumbai?
To be a Sales Manager at IDFC FIRST Bank in Mumbai, the key skills required include:

  • - Retail Banking
  • - Compliance
  • - Transaction Banking
  • - Customer Interaction
  • - Client Acquisition

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 Sales Manager in India?
Emirates NBD ₹6.0 Lakhs to ₹18.8 Lakhs per year
Standard Chartered ₹7.4 Lakhs to ₹12.0 Lakhs per year
Axis Bank ₹3.0 Lakhs to ₹13.9 Lakhs per year
Karur Vysya Bank ₹5.5 Lakhs to ₹9.0 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹13.0 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 Sales Manager in companies similar to IDFC FIRST Bank in Mumbai?
The salary of a Sales 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:

Yes Bank ₹3.0 Lakhs to ₹11.8 Lakhs per year
ICICI Bank ₹2.0 Lakhs to ₹11.0 Lakhs per year
IndusInd Bank ₹2.4 Lakhs to ₹11.2 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹10.7 Lakhs per year
Bandhan Bank ₹4.5 Lakhs to ₹7.3 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 Sales Manager at IDFC FIRST Bank in Mumbai?
The salary growth for a Sales Manager at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sales Manager in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
Fresher ₹3.5 Lakhs to ₹7.0 Lakhs per year
1 year ₹3.0 Lakhs to ₹8.5 Lakhs per year
2 years ₹4.0 Lakhs to ₹8.1 Lakhs per year
3 years ₹3.0 Lakhs to ₹6.8 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Sales Manager salary in Mumbai ranges between ₹3 Lakhs to ₹11.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 136 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.