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

1 - 9 years exp.

₹3.5 Lakhs - ₹9 Lakhs

Salary of majority employees

36% less than the average Service Manager Salary in Banking Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Service Manager Salary 3 - 9 years exp. (6 salaries)	₹4 L/yr - ₹9 L/yr
Customer Success, Service & Operations Service Manager Salary 4 - 8 years exp. (5 salaries)	₹4.8 L/yr - ₹7 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: 31 Dec 2024

Companies similar to IDFC FIRST Bank for Service Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Service Manager Salary 4 - 11 years exp. (63 salaries)	₹3.5 L/yr - ₹9.5 L/yr 16% more
ICICI Bank Service Manager Salary 1 - 8 years exp. (53 salaries)	₹3 L/yr - ₹10.1 L/yr 7% more	3 job openings
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Axis Bank Service Manager Salary 1 - 13 years exp. (43 salaries)	₹2.5 L/yr - ₹12.6 L/yr 42% more
Kotak Mahindra Bank Service Manager Salary 0 - 14 years exp. (202 salaries)	₹2.3 L/yr - ₹12 L/yr 37% more
IndusInd Bank Service Manager Salary 2 - 7 years exp. (77 salaries)	₹3 L/yr - ₹6 L/yr 16% less
Yes Bank Service Manager Salary 1 - 9 years exp. (20 salaries)	₹3 L/yr - ₹9 L/yr 1% more
RBL Bank Service Manager Salary 0 - 11 years exp. (21 salaries)	₹2.3 L/yr - ₹9.3 L/yr 4% less
IDBI Bank Service Manager Salary 9 - 14 years exp. (4 salaries)	₹12 L/yr - ₹25.3 L/yr 278% more

Service Manager salary at IDFC FIRST Bank ranges between ₹3.5 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 18 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Service Manager salaries

Last Updated: 31 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.9 L/yr
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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3 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.1 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.1 L/yr
5 years (3 salaries)	₹4.5 L/yr - ₹6 L/yr
6 years (5 salaries)	₹3.5 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹6 L/yr

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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

(23 salaries)

₹5 L/yr - ₹17 L/yr

Center Manager Salary

(6 salaries)

₹6 L/yr - ₹8 L/yr

Deputy Manager Salary

(2.6k salaries)

₹2.4 L/yr - ₹10.03 L/yr

Territory Manager Salary

(774 salaries)

₹4 L/yr - ₹14 L/yr

Sales Manager Salary

(1.1k salaries)

₹2.3 L/yr - ₹11 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

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.

Dislikes

No dislikes as such

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.

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

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.

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.

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 .

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

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2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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IDFC FIRST Bank Service Manager Salary FAQs

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

Service Manager salary at IDFC FIRST Bank in India ranges between ₹3.5 Lakhs to ₹9.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 36% less than the average Service Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a Service Manager at IDFC FIRST Bank is 36% less than the average salary of a Service Manager in India. To know exact salary insights, login to view.

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

Branch Banking, Process Excellence, Service Quality, rural banking and Administration are some of the popular skills required to work as a Service Manager at IDFC FIRST Bank India.

Which similar companies are paying more than IDFC FIRST Bank to a Service Manager in India?

IDBI Bank Service Manager Salary - ₹12.0 Lakhs to ₹25.3 Lakhs per year
Axis Bank Service Manager Salary - ₹2.5 Lakhs to ₹12.6 Lakhs per year
Kotak Mahindra Bank Service Manager Salary - ₹2.3 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Service Manager Salary - ₹3.5 Lakhs to ₹9.5 Lakhs per year
ICICI Bank Service Manager Salary - ₹3.0 Lakhs to ₹10.1 Lakhs per year

What is the salary of a Service Manager in companies similar to IDFC FIRST Bank in India?

Yes Bank Service Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
RBL Bank Service Manager Salary - ₹2.3 Lakhs to ₹9.3 Lakhs per year
IndusInd Bank Service Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year

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 ranges between ₹38,483 per month to ₹39,671 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Service Manager salary in India which ranges between ₹3.5 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Service Manager at IDFC FIRST Bank?

According to AmbitionBox, 50% of the IDFC FIRST Bank Service Managers reported a notice period of 3 Months, 21% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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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 18 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.