IDFC FIRST Bank Senior Manager 2 Salaries by 4 Employees (Updated 2025)

8 - 11 years exp.

₹9 Lakhs - ₹14.3 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Senior Manager 2 Salary in Banking Companies for 8 - 11 years of experience

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Last Updated: 14 Feb 2025

Companies similar to IDFC FIRST Bank for Senior Manager 2

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager 2 Salary 2 - 21 years exp. (15 salaries)	₹5.8 L/yr - ₹16.9 L/yr 13% less
ICICI Bank Senior Manager 2 Salary 6 - 17 years exp. (70 salaries)	₹10 L/yr - ₹21.5 L/yr 5% more
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Axis Bank Senior Manager 2 Salary 8 - 18 years exp. (15 salaries)	₹11 L/yr - ₹16 L/yr 1% more
Kotak Mahindra Bank Senior Manager 2 Salary 6 - 13 years exp. (13 salaries)	₹7 L/yr - ₹15.5 L/yr 20% less
IndusInd Bank Senior Manager 2 Salary 5 - 10 years exp. (5 salaries)	₹8.2 L/yr - ₹20 L/yr 7% more
Yes Bank Senior Manager 2 Salary 9 - 13 years exp. (6 salaries)	₹8.9 L/yr - ₹12.5 L/yr 27% less
Bandhan Bank Senior Manager 2 Salary 11 - 14 years exp. (3 salaries)	₹8.5 L/yr - ₹17 L/yr 14% less
Karur Vysya Bank Senior Manager 2 Salary 15 - 25 years exp. (5 salaries)	₹18 L/yr - ₹20 L/yr 36% more
Standard Chartered Senior Manager 2 Salary 14 - 17 years exp. (3 salaries)	₹12.8 L/yr - ₹23.1 L/yr 18% more

Senior Manager 2 salary at IDFC FIRST Bank ranges between ₹9 Lakhs to ₹14.3 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Senior Manager 2 salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹23.9 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹24.1 L/yr
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10 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.2 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.4 L/yr

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Salary related reviews for IDFC FIRST Bank

1.9

Rated by 2 employees for salary & benefits

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

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

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

Deputy Manager in Ahmedabad

Full Time

Sales & Business Development Department

1.0

• posted on 08 Jan 2023

5.0

for Salary and Benefits

Likes

Only Salary is the best part in IDFC FIRST BANK.

Salary - Excellent

Dislikes

... handle the pressure from their seniors so they put their pressure on employees.Employees only trap in salary part.even in sleep many times you will get dream of working pressure.

Skill development - Bad

+5 more

Deputy Manager in Salem

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 15 Mar 2023

5.0

for Salary and Benefits

Likes

Best bank Every cross sell and deepening comes under incentive lots of growth opportunities yearly growth salary hike also Good..Best place to Work.

Salary - Excellent

+6 more

Dislikes

Nothing to say dislike May overcome simplifying in process.

see more salary related reviews

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IDFC FIRST Bank Senior Manager 2 Salary FAQs

What is the salary of Senior Manager 2 at IDFC FIRST Bank ?

The average salary of a Senior Manager 2 at IDFC FIRST Bank in India typically ranges from ₹9.0 Lakhs to ₹14.3 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Senior Manager 2 at IDFC FIRST Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Senior Manager 2 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 Senior Manager 2 at IDFC FIRST Bank in India?

The estimated take-home salary of a Senior Manager 2 at IDFC FIRST Bank in India typically ranges from ₹96,362 to ₹98,966 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹14.3 Lakhs per year for employees with experience ranging from 8 years to 11 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.

Which companies offer higher salaries than IDFC FIRST Bank for Senior Manager 2 in India?

Karur Vysya Bank	₹18.0 Lakhs to ₹20.0 Lakhs per year
Standard Chartered	₹12.8 Lakhs to ₹23.1 Lakhs per year
IndusInd Bank	₹8.2 Lakhs to ₹20.0 Lakhs per year
ICICI Bank	₹10.0 Lakhs to ₹21.5 Lakhs per year
Axis Bank	₹11.0 Lakhs to ₹16.0 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 Manager 2 in companies similar to IDFC FIRST Bank in India?

The salary of a Senior Manager 2 at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹5.8 Lakhs to ₹16.9 Lakhs per year
Bandhan Bank	₹8.5 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Bank	₹7.0 Lakhs to ₹15.5 Lakhs per year
Yes Bank	₹8.9 Lakhs to ₹12.5 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 Manager 2 at IDFC FIRST Bank in India?

The salary growth for a Senior Manager 2 at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Senior Manager 2 can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
8 years	₹9.0 Lakhs to ₹23.9 Lakhs per year
9 years	₹9.0 Lakhs to ₹24.1 Lakhs per year
10 years	₹12.0 Lakhs to ₹24.2 Lakhs per year
11 years	₹12.0 Lakhs to ₹24.4 Lakhs per year

and so on.

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IDFC FIRST Bank Senior Manager 2 Salaries

IDFC FIRST Bank Senior Manager 2 salary in India ranges between ₹9 Lakhs to ₹14.3 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.