IDFC FIRST Bank New Delhi Service Manager Salaries by 6 Employees

5 - 9 years exp.

₹4.5 Lakhs - ₹9 Lakhs

Salary of majority employees

31% less than the average Service Manager Salary in Banking Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Service Manager Salary 5 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹9 L/yr
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Customer Success, Service & Operations Service Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.6 L/yr

Last Updated: 13 Nov 2023

Companies similar to IDFC FIRST Bank for Service Manager in New Delhi

IDFC FIRST Bank Service Manager Salary

5 - 9 years exp. (6 salaries)

₹4.5 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Service Manager Salary 2 - 16 years exp. (31 salaries)	₹3.9 L/yr - ₹15 L/yr 68% more
Standard Chartered Service Manager Salary 2 - 12 years exp. (14 salaries)	₹4 L/yr - ₹13 L/yr 50% more
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IndusInd Bank Service Manager Salary 2 - 6 years exp. (12 salaries)	₹4 L/yr - ₹6 L/yr 8% less	3 job openings
HDFC Bank Service Manager Salary 5 - 11 years exp. (10 salaries)	₹5 L/yr - ₹9.5 L/yr 12% more
Axis Bank Service Manager Salary 4 - 11 years exp. (7 salaries)	₹4.1 L/yr - ₹8.2 L/yr 29% more
ICICI Bank Service Manager Salary 1 - 8 years exp. (6 salaries)	₹3 L/yr - ₹9.5 L/yr At par
RBL Bank Service Manager Salary 4 - 6 years exp. (4 salaries)	₹3 L/yr - ₹6.5 L/yr 20% less
Yes Bank Service Manager Salary 8 - 9 years exp. (3 salaries)	₹5.1 L/yr - ₹8 L/yr 15% more

Service Manager salary at IDFC FIRST Bank ranges between ₹4.5 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Service Manager salaries in New Delhi

Last Updated: 13 Nov 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
6 years (3 salaries)	₹2.2 L/yr - ₹9 L/yr
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7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(270 salaries)

₹3 L/yr - ₹8.2 L/yr

Sales Manager Salary

(185 salaries)

₹3 L/yr - ₹10.39 L/yr

Territory Manager Salary

(148 salaries)

₹4.25 L/yr - ₹13 L/yr

Area Manager Salary

(4 salaries)

₹7 L/yr - ₹12.25 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

5.0

Rated by 1 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

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IDFC FIRST Bank Service Manager Salary FAQs

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

The average salary of a Service Manager at IDFC FIRST Bank in New Delhi typically ranges from ₹4.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Service Manager in New Delhi at IDFC FIRST Bank earn more than ₹8.9 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 6 IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Service Manager at IDFC FIRST Bank in New Delhi typically ranges from ₹41,215 to ₹42,362 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 5 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 6 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 in New Delhi?

To be a Service Manager at IDFC FIRST Bank in New Delhi, 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?

Kotak Mahindra Bank	₹3.9 Lakhs to ₹15.0 Lakhs per year
Standard Chartered	₹4.0 Lakhs to ₹13.0 Lakhs per year
Axis Bank	₹4.1 Lakhs to ₹8.2 Lakhs per year
Yes Bank	₹5.1 Lakhs to ₹8.0 Lakhs per year
HDFC Bank	₹5.0 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 New Delhi?

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

ICICI Bank	₹3.0 Lakhs to ₹9.5 Lakhs per year
IndusInd Bank	₹4.0 Lakhs to ₹6.0 Lakhs per year
RBL Bank	₹3.0 Lakhs to ₹6.5 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 Service Manager at IDFC FIRST Bank in New Delhi?

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

Experience	Average Salary Range
5 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
6 years	₹2.2 Lakhs to ₹9.0 Lakhs per year
7 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
8 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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IDFC FIRST Bank Service Manager Salaries in New Delhi

IDFC FIRST Bank Service Manager salary in New Delhi ranges between ₹4.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.