IDFC FIRST Bank Chennai Senior Banking Officer Salaries by 70+ Employees (Updated 2025)

0 - 5 years exp.

₹3 Lakhs - ₹4.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% less than the average Senior Banking Officer Salary in Banking Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Banking Officer Salary 2 - 5 years exp. (21 salaries)	₹3.4 L/yr - ₹4.6 L/yr
Sales & Business Development Senior Banking Officer Salary 0 - 5 years exp. (13 salaries)	₹3.4 L/yr - ₹4.5 L/yr
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Finance & Accounting Senior Banking Officer Salary 0 - 5 years exp. (7 salaries)	₹3.1 L/yr - ₹4.1 L/yr
Customer Success, Service & Operations Senior Banking Officer Salary 2 - 5 years exp. (6 salaries)	₹3.5 L/yr - ₹4.9 L/yr
Marketing & Communication Senior Banking Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.2 L/yr

Last Updated: 2 Jan 2025

Companies similar to IDFC FIRST Bank for Senior Banking Officer in Chennai

IDFC FIRST Bank Senior Banking Officer Salary

0 - 5 years exp. (70 salaries)

₹3 L/yr - ₹4.9 L/yr

Company name	Avg Annual Salary	Open Jobs
City Union Bank Senior Banking Officer Salary 3 - 8 years exp. (46 salaries)	₹3.6 L/yr - ₹7 L/yr 54% more
Standard Chartered Senior Banking Officer Salary 3 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹3.9 L/yr 13% less
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IDFC FIRST Bharat Senior Banking Officer Salary 1 - 6 years exp. (5 salaries)	₹3.8 L/yr - ₹4.5 L/yr At par

Senior Banking Officer salary at IDFC FIRST Bank ranges between ₹3 Lakhs to ₹4.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 70 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Senior Banking Officer salaries in Chennai

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
Fresher (10 salaries)	₹3 L/yr - ₹4 L/yr
1 year (9 salaries)	₹3.1 L/yr - ₹4.2 L/yr
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2 years (10 salaries)	₹3.5 L/yr - ₹4.2 L/yr
3 years (15 salaries)	₹3.4 L/yr - ₹4.3 L/yr
4 years (17 salaries)	₹3.5 L/yr - ₹4.9 L/yr
5 years (9 salaries)	₹3.8 L/yr - ₹4.6 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(129 salaries)

₹3 L/yr - ₹9.05 L/yr

Sales Officer Salary

(114 salaries)

₹1.1 L/yr - ₹4.5 L/yr

Senior Officer Salary

(101 salaries)

₹2.1 L/yr - ₹5 L/yr

Senior Sales Officer Salary

(54 salaries)

₹2 L/yr - ₹5 L/yr

Senior Sales Manager Salary

(12 salaries)

₹6.5 L/yr - ₹11 L/yr

Senior Sales Executive Salary

(8 salaries)

₹2 L/yr - ₹3.2 L/yr

Top skills at IDFC FIRST Bank for Senior Banking Officer

Banking Transaction Banking Sales Branch Banking Compliance Retail Banking Customer Interaction Client Acquisition Corporate Mobile Banking Lead Generation Relationship Retail

Salary related reviews for IDFC FIRST Bank

5.0

Rated by 5 employees for salary & benefits

Senior Banking Officer in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

3.0

• posted on 07 Jul 2022

1.0

for Salary and Benefits

Likes

Job security is there. Salary credits on time. Leaves are not sufficient but your manager will let you take unplanned leaves as well in case of emergency.

Job security - Excellent

Dislikes

The culture is so terrible at IDFC. They will make you work like anything which is not equivalent to the pay that they provide. Senior level people are at ease as they transfer their complete workload on the subordinates. Person who can't keep up with the corporate politics, won't be able to survive at IDFC First Bank.

Salary - Bad

+4 more

Senior Banking Officer in Ghaziabad

Sales & Marketing Department

1.0

• posted on 09 Apr 2022

5.0

for Salary and Benefits

Likes

Teammates are supportive, and job security is good. This senior bank officer is a core field sales profile and we have to do only sales. Salary is good and incentive criteria is also very nice

Salary - Excellent

+1 more

Dislikes

Management is not transparent they will tell sales profile as a operational profile but we have to do sales by going in a field.

Skill development - Bad

+3 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 08 Apr 2025

5.0

for Salary and Benefits

Likes

Salary was good, work environment was good.

Salary - Excellent

+1 more

Dislikes

Management changes every 6 months and hence people cant get promotions. No one gets ratings above average. The manager stopped employees to go on time by giving extra work and expecting unrealistic outcomes. We used to work after office hour in the office till 8pm and yet we were not appreciated for this.

Promotions - Poor

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

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

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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 Senior Banking Officer Salary FAQs

What is the salary of Senior Banking Officer at IDFC FIRST Bank in Chennai?

The average salary of a Senior Banking Officer at IDFC FIRST Bank in Chennai typically ranges from ₹3.0 Lakhs to ₹4.9 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Senior Banking Officer in Chennai at IDFC FIRST Bank earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Senior Banking 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 70+ IDFC FIRST Bank employees in India.

What is the estimated take home salary of a Senior Banking Officer at IDFC FIRST Bank in Chennai?

The estimated take-home salary of a Senior Banking Officer at IDFC FIRST Bank in Chennai typically ranges from ₹28,505 to ₹29,891 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.9 Lakhs per year for employees with experience ranging from Fresher to 5 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 70+ 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 Senior Banking Officer at IDFC FIRST Bank in Chennai?

To be a Senior Banking Officer at IDFC FIRST Bank in Chennai, the key skills required include:

- Banking
- Transaction Banking
- Sales
- Branch Banking
- Compliance

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 Senior Banking Officer in India?

City Union Bank

₹3.6 Lakhs to ₹7.0 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 Senior Banking Officer in companies similar to IDFC FIRST Bank in Chennai?

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

IDFC FIRST Bharat	₹3.8 Lakhs to ₹4.5 Lakhs per year
Standard Chartered	₹2.7 Lakhs to ₹3.9 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 Senior Banking Officer at IDFC FIRST Bank in Chennai?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹4.0 Lakhs per year
1 year	₹3.1 Lakhs to ₹4.2 Lakhs per year
2 years	₹3.5 Lakhs to ₹4.2 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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IDFC FIRST Bank Senior Banking Officer Salaries in Chennai

IDFC FIRST Bank Senior Banking Officer salary in Chennai ranges between ₹3 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 70 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.