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 - ₹10.7 L/yr
Sales & Business Development SM Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹5.2 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: 29 Dec 2024

Companies similar to IDFC FIRST Bank for SM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank SM Salary 2 - 14 years exp. (17 salaries)	₹3 L/yr - ₹12 L/yr 9% less
ICICI Bank SM Salary 3 - 12 years exp. (19 salaries)	₹3 L/yr - ₹7.2 L/yr 40% less
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Axis Bank SM Salary 3 - 13 years exp. (21 salaries)	₹3.3 L/yr - ₹10 L/yr 14% less
Kotak Mahindra Bank SM Salary 2 - 18 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 18% more
IndusInd Bank SM Salary 2 - 9 years exp. (3 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 21% less
Bandhan Bank SM Salary 1 - 15 years exp. (3 salaries)	₹3.8 L/yr - ₹17 L/yr 38% more
Jana Small Finance Bank SM Salary 2 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 51% less
Utkarsh Small Finance Bank SM Salary 5 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹6.2 L/yr 40% 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: 29 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹13.5 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.6 L/yr
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10 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹15.7 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.9 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
14 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹20.1 L/yr

View all

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Assistant Vice President Salary

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Salary related reviews for IDFC FIRST Bank

5.0

Rated by 1 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

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.

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.

Senior Customer Service Executive in Hoshangabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 29 Sep 2023

4.0

for Salary and Benefits

Likes

Salary is better as compared to other players good incentive system but not very good

Dislikes

Politics is everywhere if you want to switch to another department in the bank itself your manager will choose to let you go out of the bank instead of diff team

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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 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 3% 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 3% 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

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

HDFC Bank SM Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Axis Bank SM Salary - ₹3.3 Lakhs to ₹10.0 Lakhs per year
Yes Bank SM Salary - ₹2.2 Lakhs to ₹8.5 Lakhs per year
ICICI Bank SM Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year
Utkarsh Small Finance Bank SM Salary - ₹3.6 Lakhs to ₹6.2 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 ₹59,869 per month to ₹61,382 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.