IDFC FIRST Bank SME Salaries by 4 Employees (Updated 2025)

8 - 11 years exp.

₹3.1 Lakhs - ₹10.7 Lakhs

Low Confidence

Salary of majority employees

19% more than the average SME Salary in Banking Companies for 8 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading SME Salary 10 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr
Customer Success, Service & Operations SME Salary 8 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.7 L/yr
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Project & Program Management SME Salary 11 years exp. (AmbitionBox Estimate)	₹11.4 L/yr - ₹14 L/yr

Last Updated: 18 Jan 2025

Companies similar to IDFC FIRST Bank for SME

Company name	Avg Annual Salary	Open Jobs
HDFC Bank SME Salary 1 - 10 years exp. (9 salaries)	₹2.8 L/yr - ₹5.4 L/yr 53% less
ICICI Bank SME Salary 5 - 8 years exp. (7 salaries)	₹3 L/yr - ₹10.1 L/yr 24% less
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Axis Bank SME Salary 2 - 6 years exp. (14 salaries)	₹3 L/yr - ₹4 L/yr 52% less
Kotak Mahindra Bank SME Salary 1 - 6 years exp. (37 salaries)	₹2 L/yr - ₹5 L/yr 47% less
Yes Bank SME Salary 3 - 8 years exp. (6 salaries)	₹2.9 L/yr - ₹5.5 L/yr 45% less
RBL Bank SME Salary 1 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹5 L/yr 51% less
HSBC Global Banking and Markets SME Salary 2 - 10 years exp. (50 salaries)	₹4.3 L/yr - ₹17.3 L/yr 38% more
Standard Chartered SME Salary 4 - 13 years exp. (15 salaries)	₹4.3 L/yr - ₹13.6 L/yr 44% more
Emirates NBD SME Salary 9 - 14 years exp. (5 salaries)	₹20 L/yr - ₹24 L/yr 210% more
Union Bank of India SME Salary 3 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr 63% less

SME salary at IDFC FIRST Bank ranges between ₹3.1 Lakhs to ₹10.7 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank SME salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹14.8 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹13 L/yr

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Customer Service Executive Salary

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Operations Manager Salary

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Salary related reviews for IDFC FIRST Bank

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

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

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

Salary - 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

Work-life balance - Poor

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IDFC FIRST Bank SME Salary FAQs

What is the salary of SME at IDFC FIRST Bank?

SME salary at IDFC FIRST Bank in India ranges between ₹3.1 Lakhs to ₹10.7 Lakhs for experience between 8 years to 11 years. According to our estimates it is 19% more than the average SME Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a SME at IDFC FIRST Bank is 19% more than the average salary of a SME in India. To know exact salary insights, login to view.

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

Emirates NBD SME Salary - ₹20.0 Lakhs to ₹24.0 Lakhs per year
Standard Chartered SME Salary - ₹4.3 Lakhs to ₹13.6 Lakhs per year
HSBC Global Banking and Markets SME Salary - ₹4.3 Lakhs to ₹17.3 Lakhs per year

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

ICICI Bank SME Salary - ₹3.0 Lakhs to ₹10.1 Lakhs per year
Yes Bank SME Salary - ₹2.9 Lakhs to ₹5.5 Lakhs per year
Kotak Mahindra Bank SME Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
RBL Bank SME Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Axis Bank SME Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a SME at IDFC FIRST Bank ranges between ₹52,568 per month to ₹53,875 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank SME salary in India which ranges between ₹3.1 Lakhs to ₹10.7 Lakhs per year for employees with experience between 8 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the IDFC FIRST Bank SMEs reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank SME Salaries

IDFC FIRST Bank SME salary in India ranges between ₹3.1 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.