IDFC FIRST Bank Mumbai Sales Salaries by 6 Employees

0 - 6 years exp.

₹1.6 Lakh - ₹3.6 Lakhs

Salary of majority employees

20% less than the average Sales Salary in Banking Companies for 0 - 6 years of experience

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Last Updated: 20 Aug 2024

Companies similar to IDFC FIRST Bank for Sales in Mumbai

IDFC FIRST Bank Sales Salary

0 - 6 years exp. (6 salaries)

₹1.6 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Salary 0 - 5 years exp. (15 salaries)	₹1.1 L/yr - ₹3.3 L/yr 12% less	1 job opening
ICICI Bank Sales Salary 1 - 7 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 4% less
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Axis Bank Sales Salary 0 - 6 years exp. (6 salaries)	₹1.6 L/yr - ₹5 L/yr 2% less	3 job openings
Kotak Mahindra Bank Sales Salary 1 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹4 L/yr 14% more
SBI Cards & Payment Services Sales Salary 0 - 6 years exp. (9 salaries)	₹2 L/yr - ₹3.2 L/yr 3% less

Sales salary at IDFC FIRST Bank ranges between ₹1.6 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 6 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Sales salaries in Mumbai

Last Updated: 20 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.7 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.7 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr

View all

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Senior Sales Officer Salary

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Branch Manager Salary

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State Head Salary

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Senior Sales Manager Salary

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Top skills at IDFC FIRST Bank for Sales

Saving Account Branch Banking Casa liabilities Retail Banking

Salary related reviews for IDFC FIRST Bank

4.5

Rated by 2 employees for salary & benefits

Sales in Nashik

Business Loan Group Department

5.0

• posted on 08 Oct 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent there is a huge cafeteria and gaming arcade

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management dosent address our issue salary is decent but career growth is slow

Sales in Kolkata

Finance & Accounting Department

5.0

• posted on 28 Feb 2019

5.0

for Salary and Benefits

Likes

...MER IN ANY PROBLEM IF FOUND.IN THIS COMPANY CAREER AND JOB SECURITY WAS SO GOOD.WELL SALARY CREDITED IN BANK ACCOUNT START OF THE MONTH.

Salary - Excellent

+6 more

Dislikes

SALARY INCREAMENT AND ALSO PROMOTION TO UPPER DEPERTMENT.

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

Salary - Good

+1 more

Dislikes

Company's Culture is not good, So before joining the retail banking in Idfc First bank think twice .

Promotions - Poor

+3 more

Senior Relationship Manager in Shivamogga

Full Time

Finance & Accounting Department

5.0

• posted on 08 Nov 2024

5.0

for Salary and Benefits

Likes

On time salary and weekly off. And our products and policy is very simple and and S_. _C APPLICATION to work easily

Salary - Excellent

+6 more

Dislikes

In our branch we don't have customer meeting room . It's very shameful me when I discussions with customer

Territory Sales Manager in New Delhi

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.

Work satisfaction - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDFC FIRST Bank Sales Salary FAQs

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

The average salary of a Sales at IDFC FIRST Bank in Mumbai typically ranges from ₹1.6 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Sales in Mumbai at IDFC FIRST Bank earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Sales 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 6 IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Sales at IDFC FIRST Bank in Mumbai typically ranges from ₹19,117 to ₹20,793 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.6 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 6 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 at IDFC FIRST Bank in Mumbai?

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

- Saving Account
- Branch Banking
- Casa
- liabilities
- Retail 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 Sales in India?

Kotak Mahindra Bank

₹1.5 Lakhs to ₹4.0 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 in companies similar to IDFC FIRST Bank in Mumbai?

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

Axis Bank	₹1.6 Lakhs to ₹5.0 Lakhs per year
SBI Cards & Payment Services	₹2.0 Lakhs to ₹3.2 Lakhs per year
ICICI Bank	₹1.7 Lakhs to ₹3.0 Lakhs per year
HDFC Bank	₹1.1 Lakhs to ₹3.3 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 at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹1.7 Lakhs to ₹3.0 Lakhs per year
1 year	₹2.3 Lakhs to ₹2.9 Lakhs per year
2 years	₹1.6 Lakhs to ₹4.7 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.1 Lakhs per year

and so on.

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IDFC FIRST Bank Sales Salaries in Mumbai

IDFC FIRST Bank Sales salary in Mumbai ranges between ₹1.6 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.