IDFC FIRST Bank Mumbai Senior Manager Salaries by 500+ Employees (Updated 2025)

2 - 18 years exp.

₹7 Lakhs - ₹26.5 Lakhs

Salary of majority employees

Fixed (100%)

₹15.6 Lakhs

Variable (0%)

₹0.0

27% less than the average Senior Manager Salary in Banking Companies for 2 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 2 - 18 years exp. (150 salaries)	₹6.6 L/yr - ₹22.5 L/yr
Finance & Accounting Senior Manager Salary 2 - 15 years exp. (64 salaries)	₹7.6 L/yr - ₹25.5 L/yr
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Customer Success, Service & Operations Senior Manager Salary 3 - 18 years exp. (51 salaries)	₹6.9 L/yr - ₹22 L/yr
Data Science & Analytics Senior Manager Salary 3 - 16 years exp. (33 salaries)	₹8.6 L/yr - ₹24.2 L/yr
IT & Information Security Senior Manager Salary 3 - 16 years exp. (30 salaries)	₹7.7 L/yr - ₹26.5 L/yr

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Last Updated: 1 Mar 2025

Companies similar to IDFC FIRST Bank for Senior Manager in Mumbai

IDFC FIRST Bank Senior Manager Salary

2 - 18 years exp. (573 salaries)

₹7 L/yr - ₹26.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 4 - 21 years exp. (2.3k salaries)	₹8 L/yr - ₹28 L/yr 6% more
ICICI Bank Senior Manager Salary 1 - 19 years exp. (586 salaries)	₹9.3 L/yr - ₹28.9 L/yr 13% more
Login to view exact salary
Axis Bank Senior Manager Salary 2 - 21 years exp. (2k salaries)	₹8.8 L/yr - ₹28 L/yr 13% more	2 job openings
Kotak Mahindra Bank Senior Manager Salary 1 - 19 years exp. (1.4k salaries)	₹5.5 L/yr - ₹24 L/yr 13% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (984 salaries)	₹6.5 L/yr - ₹22.5 L/yr 17% less
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (148 salaries)	₹5.3 L/yr - ₹20 L/yr 19% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (337 salaries)	₹6.5 L/yr - ₹20 L/yr 17% less
Federal Bank Senior Manager Salary 6 - 15 years exp. (45 salaries)	₹12 L/yr - ₹30 L/yr 51% more
Bandhan Bank Senior Manager Salary 6 - 17 years exp. (26 salaries)	₹7.4 L/yr - ₹16 L/yr 20% less
DBS Bank Senior Manager Salary 9 - 18 years exp. (36 salaries)	₹11.4 L/yr - ₹28 L/yr 20% more
Union Bank of India Senior Manager Salary 8 - 15 years exp. (77 salaries)	₹9 L/yr - ₹32 L/yr 40% more
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Standard Chartered Senior Manager Salary 7 - 17 years exp. (47 salaries)	₹10.9 L/yr - ₹43.2 L/yr 55% more
Canara Bank Senior Manager Salary 8 - 14 years exp. (22 salaries)	₹12 L/yr - ₹28 L/yr 45% more
Central Bank of India Senior Manager Salary 7 - 12 years exp. (21 salaries)	₹12.1 L/yr - ₹31.7 L/yr 30% more
Jana Small Finance Bank Senior Manager Salary 6 - 15 years exp. (15 salaries)	₹4.9 L/yr - ₹12 L/yr 36% less
UCO Bank Senior Manager Salary 9 - 13 years exp. (11 salaries)	₹16 L/yr - ₹27 L/yr 34% more
Karur Vysya Bank Senior Manager Salary 9 - 16 years exp. (8 salaries)	₹15 L/yr - ₹20 L/yr 15% more
Corporation Bank Senior Manager Salary 7 - 12 years exp. (4 salaries)	₹7 L/yr - ₹18 L/yr 21% less

Senior Manager salary at IDFC FIRST Bank ranges between ₹7 Lakhs to ₹26.5 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 573 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Senior Manager salaries in Mumbai

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
2 years (8 salaries)	₹10 L/yr - ₹21.6 L/yr
3 years (23 salaries)	₹9.2 L/yr - ₹22 L/yr
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4 years (40 salaries)	₹7 L/yr - ₹25 L/yr
5 years (43 salaries)	₹6.9 L/yr - ₹26 L/yr
6 years (30 salaries)	₹7.7 L/yr - ₹24.2 L/yr
7 years (39 salaries)	₹7.1 L/yr - ₹25 L/yr
8 years (46 salaries)	₹7.5 L/yr - ₹23 L/yr
9 years (47 salaries)	₹7.1 L/yr - ₹26.5 L/yr
10 years (51 salaries)	₹7 L/yr - ₹26.5 L/yr
11 years (46 salaries)	₹6.5 L/yr - ₹25.5 L/yr
12 years (57 salaries)	₹6.3 L/yr - ₹22 L/yr
13 years (36 salaries)	₹7.8 L/yr - ₹25.5 L/yr
14 years (37 salaries)	₹7.5 L/yr - ₹22 L/yr
15+ years (70 salaries)	₹8 L/yr - ₹23 L/yr

View all

From

Senior Manager

₹

Lakhs/yr

2 - 18 years exp.

Vice President

₹

Lakhs/yr

11 - 22 years exp.

Senior Manager 2 - 18 years exp.

Chief Manager 5 - 20 years exp.

49% hike

Associate Vice President 8 - 18 years exp.

24% hike

From

1 more level

Senior Manager

2 - 18 years exp.

Assistant Vice President

9 - 21 years exp.

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(593 salaries)

₹3 L/yr - ₹9.5 L/yr

Sales Manager Salary

(140 salaries)

₹3 L/yr - ₹10.11 L/yr

Territory Manager Salary

(75 salaries)

₹4.1 L/yr - ₹12.5 L/yr

Branch Manager Salary

(50 salaries)

₹6.65 L/yr - ₹28 L/yr

Senior Sales Manager Salary

(25 salaries)

₹4.1 L/yr - ₹12.8 L/yr

Marketing Manager Salary

(22 salaries)

₹6 L/yr - ₹13 L/yr

Regional Manager Salary

(10 salaries)

₹13 L/yr - ₹30 L/yr

Area Manager Salary

(3 salaries)

₹10.5 L/yr - ₹15.5 L/yr

Top skills at IDFC FIRST Bank for Senior Manager

Investigation Automation Analytical Vigilance Data Visualization

Salary related reviews for IDFC FIRST Bank

4.1

Rated by 44 employees for salary & benefits

Senior Manager in New Delhi

Sales & Business Development Department

3.0

• posted on 07 Jun 2022

4.0

for Salary and Benefits

Likes

Pro: good compensation and benefits

Salary - Good

Dislikes

No learning, no skill/knowledge enhancement, no growth role wise. People are working here in auto mode with nothing new to add and just bringing the whole organization down along with demotivating people who really want to work

Skill development - Poor

+3 more

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

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jun 2024

5.0

for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

Salary - Excellent

+6 more

Dislikes

No dislikes as such

Territory Manager in Kolkata

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

Job security - Poor

+2 more

Branch Manager in Surat

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

Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IDFC FIRST Bank Senior Manager Salary FAQs

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

Senior Manager salary at IDFC FIRST Bank in Mumbai ranges between ₹7.0 Lakhs to ₹26.5 Lakhs for experience between 2 years to 18 years. According to our estimates it is 27% less than the average Senior Manager Salary in India. Salary estimates are based on 573 latest salaries received from various employees of IDFC FIRST Bank Mumbai.

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

The average salary of a Senior Manager at IDFC FIRST Bank is 27% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

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

Investigation, Automation, Analytical, Vigilance and Data Visualization are some of the popular skills required to work as a Senior Manager at IDFC FIRST Bank Mumbai.

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

Standard Chartered Senior Manager Salary - ₹10.9 Lakhs to ₹43.2 Lakhs per year
Federal Bank Senior Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Canara Bank Senior Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Union Bank of India Senior Manager Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
UCO Bank Senior Manager Salary - ₹16.0 Lakhs to ₹27.0 Lakhs per year

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

Central Bank of India Senior Manager Salary - ₹12.1 Lakhs to ₹31.7 Lakhs per year
DBS Bank Senior Manager Salary - ₹11.4 Lakhs to ₹28.0 Lakhs per year
Karur Vysya Bank Senior Manager Salary - ₹15.0 Lakhs to ₹20.0 Lakhs per year
Axis Bank Senior Manager Salary - ₹8.8 Lakhs to ₹28.0 Lakhs per year
ICICI Bank Senior Manager Salary - ₹9.3 Lakhs to ₹28.9 Lakhs per year

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

The estimated take-home salary of a Senior Manager at IDFC FIRST Bank ranges between ₹1,06,808 per month to ₹1,09,749 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Senior Manager salary in India which ranges between ₹7.0 Lakhs to ₹26.5 Lakhs per year for employees with experience between 2 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 81% of the IDFC FIRST Bank Senior Managers in Mumbai reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 328 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Senior Manager Salaries in Mumbai

IDFC FIRST Bank Senior Manager salary in Mumbai ranges between ₹7 Lakhs to ₹26.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 573 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

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

Companies similar to IDFC FIRST Bank for Senior Manager in Mumbai

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

Experience wise IDFC FIRST Bank Senior Manager salaries in Mumbai

Similar Designation salaries in IDFC FIRST Bank

Top skills at IDFC FIRST Bank for Senior Manager

Salary related reviews for IDFC FIRST Bank

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Branch Manager in Surat

IDFC FIRST Bank Senior Manager Salary FAQs

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