IDFC FIRST Bank Mumbai Senior Associate Salaries by 30+ Employees (Updated 2025)

2 - 7 years exp.

₹2 Lakhs - ₹5.5 Lakhs

Salary of majority employees

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61% less than the average Senior Associate Salary in Banking Companies for 2 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Associate Salary 2 - 7 years exp. (17 salaries)	Unlock ₹2 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Senior Associate Salary 4 - 7 years exp. (3 salaries)	Unlock ₹3.5 L/yr - ₹5.1 L/yr
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Finance & Accounting Senior Associate Salary 3 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹4 L/yr
Sales & Business Development Senior Associate Salary 3 - 4 years exp. (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹4.1 L/yr
IT & Information Security Senior Associate Salary 2 years exp. (AmbitionBox Estimate)	Unlock ₹3.7 L/yr - ₹4.3 L/yr

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Last Updated: 1 Mar 2025

Companies similar to IDFC FIRST Bank for Senior Associate in Mumbai

IDFC FIRST Bank Senior Associate Salary

2 - 7 years exp. (36 salaries)

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₹2 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	Unlock ₹2.2 L/yr - ₹10.7 L/yr 46% more
ICICI Bank Senior Associate Salary 0 - 7 years exp. (122 salaries)	Unlock ₹1.5 L/yr - ₹3.8 L/yr 40% less
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Axis Bank Senior Associate Salary 2 - 6 years exp. (4 salaries)	Unlock ₹1.9 L/yr - ₹4.9 L/yr 18% less
Kotak Mahindra Bank Senior Associate Salary 1 - 7 years exp. (27 salaries)	Unlock ₹1.5 L/yr - ₹4 L/yr 28% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹12 L/yr 81% more
Yes Bank Senior Associate Salary 3 - 9 years exp. (8 salaries)	Unlock ₹2.7 L/yr - ₹7 L/yr 1% more
City Union Bank Senior Associate Salary 0 - 5 years exp. (21 salaries)	Unlock ₹3 L/yr - ₹5.3 L/yr 16% more
Standard Chartered Senior Associate Salary 4 - 6 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹7 L/yr 32% more
HSBC Global Banking and Markets Senior Associate Salary 4 - 9 years exp. (3 salaries)	Unlock ₹7.2 L/yr - ₹12 L/yr 179% more
Chase Bank Senior Associate Salary 9 - 11 years exp. (3 salaries)	Unlock ₹18.5 L/yr - ₹21.5 L/yr 362% more

Senior Associate salary at IDFC FIRST Bank ranges between ₹2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 36 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Senior Associate in Mumbai

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2 years exp.

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4 years exp.

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4 years exp.

2mo ago

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6 years exp.

3mo ago

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5 years exp.

4mo ago

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3 years exp.

5mo ago

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5 years exp.

6mo ago

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7 years exp.

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7 years exp.

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4 years exp.

Experience wise IDFC FIRST Bank Senior Associate salaries in Mumbai

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
2 years (8 salaries)	Unlock ₹2 L/yr - ₹5.2 L/yr
3 years (7 salaries)	Unlock ₹2.2 L/yr - ₹4 L/yr
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4 years (9 salaries)	Unlock ₹3 L/yr - ₹4.5 L/yr
5 years (5 salaries)	Unlock ₹2.2 L/yr - ₹5.5 L/yr
6 years (3 salaries)	Unlock ₹3.6 L/yr - ₹7.6 L/yr
7 years (4 salaries)	Unlock ₹3.8 L/yr - ₹5.1 L/yr

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Similar Designation salaries in IDFC FIRST Bank

Team Lead Salary

(82 salaries)

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₹2.2 L/yr - ₹9.24 L/yr

Software Engineer Salary

(15 salaries)

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₹3.8 L/yr - ₹11.81 L/yr

Salesforce Developer Salary

(9 salaries)

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₹8.57 L/yr - ₹23.62 L/yr

Web Developer Salary

(4 salaries)

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₹9 L/yr - ₹15 L/yr

Senior Consultant Salary

(3 salaries)

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₹9.78 L/yr - ₹11.64 L/yr

Top skills at IDFC FIRST Bank for Senior Associate

Procurement Due Diligence Management Legal Compliance Auditing Office Management Growth Strategy Office Equipment

Salary related reviews for IDFC FIRST Bank

4.3

Rated by 4 employees for salary & benefits

Senior Software Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 22 Jul 2024

3.0

for Salary and Benefits

Likes

They offer good compensation to steal good people and then treat them like garbage

Dislikes

Hell , pathetic environment. Worst ever experience. Managers target employees and make their life hell. For every responsibility they warn you on job security. Only *ss lickers can survive ar this company. A constant feeling of stress and pressure. No appreciation , no leaves allowed. Its hell. Even some employees are devil. To protect their job they demean their own team members.

Skill development - Bad

+4 more

Senior Manager Hrbp in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Dec 2024

5.0

for Salary and Benefits

Likes

It has good compensation and promotion policy for internal talent Top Leadership has lot of focus in driving the bank forward

Salary - Excellent

+5 more

Dislikes

It lags in overall learning and development of talent Support teams are somewhat inefficient

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

Teller in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 Nov 2024

4.0

for Salary and Benefits

Likes

Only their salary structure is good.

Salary - Good

+1 more

Dislikes

I resigned from this job because there was too much of favoritism specially in their Lower Parel branch. There is this person name Ajeetkumar Pandey (Branch Relationship Manager) who was previously Banker Authoriser is worst. 10 to 12 tellers/ cashier have resigned because of him. He is very smart in terms of office politics. And if people try to complain to the HR then he fulfills the branch's target so HR won't blame or question him. Worst HR and management.

Skill development - Bad

+4 more

Production Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 08 Nov 2024

3.0

for Salary and Benefits

Likes

Salary structure is good depend on the role.

Dislikes

There is no fixed working hours. Partiality between employees by manager. Recession without any reason. No one listen employee concern. Overall Working culture is terrible.

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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IDFC FIRST Bank Senior Associate Salary FAQs

What is the salary of Senior Associate at IDFC FIRST Bank Mumbai?

Senior Associate salary at IDFC FIRST Bank in Mumbai ranges between ₹2.0 Lakhs to ₹5.5 Lakhs for experience between 2 years to 7 years. According to our estimates it is 61% less than the average Senior Associate Salary in India. Salary estimates are based on 36 latest salaries received from various employees of IDFC FIRST Bank Mumbai.

How does the salary of a Senior Associate at IDFC FIRST Bank Mumbai compare with the average salary range for this job?

The average salary of a Senior Associate at IDFC FIRST Bank is 61% less than the average salary of a Senior Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Associate at IDFC FIRST Bank?

Procurement, Due Diligence, Management, Legal and Compliance are some of the popular skills required to work as a Senior Associate at IDFC FIRST Bank Mumbai.

Which similar companies are paying more than IDFC FIRST Bank to a Senior Associate in Mumbai?

Chase Bank Senior Associate Salary - ₹18.5 Lakhs to ₹21.5 Lakhs per year
HSBC Global Banking and Markets Senior Associate Salary - ₹7.2 Lakhs to ₹12.0 Lakhs per year
IndusInd Bank Senior Associate Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Senior Associate Salary - ₹2.2 Lakhs to ₹10.7 Lakhs per year
Standard Chartered Senior Associate Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Senior Associate in companies similar to IDFC FIRST Bank in Mumbai?

City Union Bank Senior Associate Salary - ₹3.0 Lakhs to ₹5.3 Lakhs per year
Yes Bank Senior Associate Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year
Axis Bank Senior Associate Salary - ₹1.9 Lakhs to ₹4.9 Lakhs per year
Kotak Mahindra Bank Senior Associate Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
ICICI Bank Senior Associate Salary - ₹1.5 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Senior Associate at IDFC FIRST Bank ranges between ₹29,925 per month to ₹31,240 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Senior Associate salary in India which ranges between ₹2.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate at IDFC FIRST Bank in Mumbai?

According to AmbitionBox, 45% of the IDFC FIRST Bank Senior Associates in Mumbai reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Senior Associate Salaries in Mumbai

IDFC FIRST Bank Senior Associate salary in Mumbai ranges between ₹2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Senior Associate salaries in Mumbai (Updated 2025)

Companies similar to IDFC FIRST Bank for Senior Associate in Mumbai

Latest annual salaries shared by IDFC FIRST Bank Senior Associate in Mumbai

Experience wise IDFC FIRST Bank Senior Associate salaries in Mumbai

Similar Designation salaries in IDFC FIRST Bank

Top skills at IDFC FIRST Bank for Senior Associate

Salary related reviews for IDFC FIRST Bank

Senior Software Developer in Bangalore / Bengaluru

Senior Manager Hrbp in Jaipur

Acquisition Manager in Mumbai

Teller in Mumbai

Production Engineer in Mumbai

IDFC FIRST Bank Senior Associate Salary FAQs

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