IDFC FIRST Bank Service Manager Salaries by 10+ Employees (Updated 2025)

4 - 9 years exp.

₹3.5 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% less than the average Service Manager Salary in Banking Companies for 4 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Service Manager Salary 4 - 8 years exp. (6 salaries)	₹4.8 L/yr - ₹7 L/yr
BFSI, Investments & Trading Service Manager Salary 5 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹9 L/yr
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Consulting Service Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.2 L/yr

Last Updated: 5 Mar 2025

Companies similar to IDFC FIRST Bank for Service Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Service Manager Salary 2 - 16 years exp. (200 salaries)	₹3.5 L/yr - ₹14 L/yr 58% more
Standard Chartered Service Manager Salary 2 - 14 years exp. (82 salaries)	₹4 L/yr - ₹13.2 L/yr 50% more
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IndusInd Bank Service Manager Salary 2 - 6 years exp. (74 salaries)	₹3 L/yr - ₹6 L/yr 16% less	3 job openings
HDFC Bank Service Manager Salary 3 - 11 years exp. (71 salaries)	₹2.5 L/yr - ₹9.5 L/yr 12% more
ICICI Bank Service Manager Salary 1 - 8 years exp. (51 salaries)	₹3 L/yr - ₹10.2 L/yr 3% more
Axis Bank Service Manager Salary 1 - 13 years exp. (45 salaries)	₹2.5 L/yr - ₹11.2 L/yr 41% more
RBL Bank Service Manager Salary 0 - 11 years exp. (21 salaries)	₹2.1 L/yr - ₹9.3 L/yr 7% less
Yes Bank Service Manager Salary 2 - 9 years exp. (19 salaries)	₹3 L/yr - ₹9 L/yr 4% more
IDBI Bank Service Manager Salary 9 - 14 years exp. (4 salaries)	₹12 L/yr - ₹25.3 L/yr 267% more

Service Manager salary at IDFC FIRST Bank ranges between ₹3.5 Lakhs to ₹9 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 16 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Service Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.3 L/yr
5 years (3 salaries)	₹4.5 L/yr - ₹6 L/yr
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6 years (5 salaries)	₹3.5 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.5 L/yr
8 years (3 salaries)	₹4.6 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹6 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

Service Engineer Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Service Advisor Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Area Manager Salary

(28 salaries)

₹5 L/yr - ₹21.76 L/yr

Center Manager Salary

(6 salaries)

₹6 L/yr - ₹8 L/yr

Deputy Manager Salary

(2.7k salaries)

₹2.15 L/yr - ₹9.5 L/yr

Territory Manager Salary

(804 salaries)

₹3.85 L/yr - ₹13 L/yr

Sales Manager Salary

(990 salaries)

₹2.15 L/yr - ₹10 L/yr

Service Coordinator Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Regional Service Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Service Supervisor Salary

(4 salaries)

₹2 L/yr - ₹2.4 L/yr

Top skills at IDFC FIRST Bank for Service Manager

Branch Banking Process Excellence Service Quality rural banking Administration Monitoring Product Quality Process Management Assurance Strategic Planning Retail Excel Operations Customer Service Auditing

Salary related reviews for IDFC FIRST Bank

4.5

Rated by 3 employees for salary & benefits

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

Sales Executive in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 13 Sep 2023

1.0

for Salary and Benefits

Likes

Nothing I just only like that they give you the off but in that off they cut the salary also what is the job is this??? So it means I don't like this job, they don't hire you permanently because of if you don't give the targeted thing they will don't give you the salary and they expect ki hum inko itna Business karke de ki jitna Inka bhai karke dede

Dislikes

I don't like to work in this company as employee and already working in this bank as I am very disappointed in this company by seniors saloni bhalla territory manager of sepl and pradeep saluja state head of sepl. I feel discrimination in this company by the seniors and the other staff I am also like them I wanted to fall so I can work at there but I really didn't felt about that.

Salary - Bad

+5 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

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 28 Mar 2023

4.0

for Salary and Benefits

Likes

This is my first job and had great experience working in IDFC FIRST BANK. Got alot to learn and I got chance to built new skills. Work culture is smooth, on every level people guide and support so never felt lack of learning in any point of situation.

Salary - Good

+4 more

Dislikes

There is nothing to hate about IDFC , but no body can ever be satisfied from their salary, but obviously according to me salary offer to me was less as compared to market value my skills and knowledge hold , it's been one year , I am not seeing appraisal scope here , so planning to change my job , After all we all are here to earn and learn .

Promotions - Poor

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

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 Service Manager Salary FAQs

What is the salary of Service Manager at IDFC FIRST Bank ?

The average salary of a Service Manager at IDFC FIRST Bank in India typically ranges from ₹3.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Service Manager at IDFC FIRST Bank earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Service Manager 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 10+ IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Service Manager at IDFC FIRST Bank in India typically ranges from ₹39,637 to ₹40,807 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 4 years to 9 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 10+ 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 Service Manager at IDFC FIRST Bank ?

To be a Service Manager at IDFC FIRST Bank in india, the key skills required include:

- Branch Banking
- Process Excellence
- Service Quality
- rural banking
- Administration

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 Service Manager in India?

IDBI Bank	₹12.0 Lakhs to ₹25.3 Lakhs per year
Kotak Mahindra Bank	₹3.5 Lakhs to ₹14.0 Lakhs per year
Standard Chartered	₹4.0 Lakhs to ₹13.2 Lakhs per year
Axis Bank	₹2.5 Lakhs to ₹11.2 Lakhs per year
HDFC Bank	₹2.5 Lakhs to ₹9.5 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 Service Manager in companies similar to IDFC FIRST Bank in India?

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

Yes Bank	₹3.0 Lakhs to ₹9.0 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹10.2 Lakhs per year
RBL Bank	₹2.1 Lakhs to ₹9.3 Lakhs per year
IndusInd Bank	₹3.0 Lakhs to ₹6.0 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 Service Manager at IDFC FIRST Bank in India?

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

Experience	Average Salary Range
4 years	₹3.5 Lakhs to ₹9.3 Lakhs per year
5 years	₹4.5 Lakhs to ₹6.0 Lakhs per year
6 years	₹3.5 Lakhs to ₹9.0 Lakhs per year
7 years	₹4.6 Lakhs to ₹9.5 Lakhs per year

and so on.

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IDFC FIRST Bank Service Manager Salaries

IDFC FIRST Bank Service Manager salary in India ranges between ₹3.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.