IDFC FIRST Bank SM Salaries by 7 Employees (Updated 2025)

8 - 14 years exp.

₹6.5 Lakhs - ₹10.9 Lakhs

Low Confidence

Salary of majority employees

At par with the average SM Salary in Banking Companies for 8 - 14 years of experience

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Salaries in different departments

Marketing & Communication SM Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹10.6 L/yr
Sales & Business Development SM Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹10.9 L/yr
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BFSI, Investments & Trading SM Salary 9 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹10.6 L/yr

Last Updated: 17 Feb 2025

Companies similar to IDFC FIRST Bank for SM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank SM Salary 2 - 14 years exp. (14 salaries)	₹3.6 L/yr - ₹12.6 L/yr 6% more
ICICI Bank SM Salary 3 - 12 years exp. (19 salaries)	₹3 L/yr - ₹7.2 L/yr 36% less
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Axis Bank SM Salary 7 - 13 years exp. (18 salaries)	₹4.4 L/yr - ₹10 L/yr 12% less
Kotak Mahindra Bank SM Salary 2 - 18 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 7% more
IndusInd Bank SM Salary 0 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4.6 L/yr 57% less
Yes Bank SM Salary 4 - 9 years exp. (3 salaries)	₹2.2 L/yr - ₹8.5 L/yr 20% less
Bandhan Bank SM Salary 1 - 15 years exp. (3 salaries)	₹3.8 L/yr - ₹17 L/yr 41% more
Jana Small Finance Bank SM Salary 5 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹5 L/yr 44% less
Utkarsh Small Finance Bank SM Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹6.8 L/yr 36% less

SM salary at IDFC FIRST Bank ranges between ₹6.5 Lakhs to ₹10.9 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank SM salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹13.2 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.3 L/yr
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10 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹15.4 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.9 L/yr
12 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
14 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹19.7 L/yr

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Customer Service Executive Salary

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₹1.5 L/yr - ₹6.1 L/yr

Assistant Vice President Salary

(254 salaries)

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Sales Coordinator Salary

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₹1.3 L/yr - ₹4.16 L/yr

Salary related reviews for IDFC FIRST Bank

4.1

Rated by 2 employees for salary & benefits

Operations Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing as such. Loans were provided to employees at minimum interest rates

Job security - Good

Dislikes

...because of staff loans, management should work on curtailment of such behaviour. HR is unaware of basic policies, when on boarding they say that bonus would be around 40-50% but at appraisal time everything goes below water. During onboarding clearly mentioned that as per banks policy holidays on weekends, but after joining it's revealed that working is essential on weekends in month ends Such pathetic policies they have.

Salary - Poor

+5 more

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

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

Senior Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 15 May 2024

5.0

for Salary and Benefits

Likes

The compensation and benefits package here is very competitive. In addition to the attractive salary, we get great health insurance coverage, a generous retirement plan, and lots of paid time off. They really take care of their employees financially, which reduces money stress and allows us to focus on our work.

Salary - Excellent

+6 more

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.

Salary - Bad

+5 more

see more salary related reviews

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What people are saying about IDFC FIRST Bank

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a product manager - digital payments

What does a business consultant do?

Hi I am in discussion with an IT services firm for the role of business consulting. Currently I am a Product Manager - Digital payments in a bank. Need your help to understand if this would be a right switch for me from banking to consulting? What does a day of a consultant look like?

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IDFC FIRST Bank SM Salary FAQs

What is the salary of SM at IDFC FIRST Bank?

SM salary at IDFC FIRST Bank in India ranges between ₹6.5 Lakhs to ₹10.9 Lakhs for experience between 8 years to 14 years. According to our estimates it is 4% less than the average SM Salary in India. Salary estimates are based on 7 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a SM at IDFC FIRST Bank is 4% less than the average salary of a SM in India. To know exact salary insights, login to view.

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

Bandhan Bank SM Salary - ₹3.8 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Bank SM Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
HDFC Bank SM Salary - ₹3.6 Lakhs to ₹12.6 Lakhs per year

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

Axis Bank SM Salary - ₹4.4 Lakhs to ₹10.0 Lakhs per year
Yes Bank SM Salary - ₹2.2 Lakhs to ₹8.5 Lakhs per year
Utkarsh Small Finance Bank SM Salary - ₹3.6 Lakhs to ₹6.8 Lakhs per year
ICICI Bank SM Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year
Jana Small Finance Bank SM Salary - ₹4.2 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a SM at IDFC FIRST Bank ranges between ₹58,746 per month to ₹60,228 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank SM salary in India which ranges between ₹6.5 Lakhs to ₹10.9 Lakhs per year for employees with experience between 8 years to 14 years. Check how did we calculate take home salary?

What is the notice period for SM at IDFC FIRST Bank?

According to AmbitionBox, 71% of the IDFC FIRST Bank SMs reported a notice period of 3 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank SM Salaries

IDFC FIRST Bank SM salary in India ranges between ₹6.5 Lakhs to ₹10.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.