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

5 - 15 years exp.

₹5 Lakhs - ₹15 Lakhs

Salary of majority employees

39% less than the average Team Manager Salary in Banking Companies for 5 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Team Manager Salary 8 - 15 years exp. (6 salaries)	₹7.8 L/yr - ₹15 L/yr
Customer Success, Service & Operations Team Manager Salary 10 - 12 years exp. (3 salaries)	₹5 L/yr - ₹10 L/yr
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Sales & Business Development Team Manager Salary 5 - 9 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹10.3 L/yr

Last Updated: 14 Mar 2025

Companies similar to IDFC FIRST Bank for Team Manager in Mumbai

IDFC FIRST Bank Team Manager Salary

5 - 15 years exp. (14 salaries)

₹5 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Team Manager Salary 5 - 13 years exp. (57 salaries)	₹4.5 L/yr - ₹13.7 L/yr 11% less	1 job opening
Kotak Mahindra Bank Team Manager Salary 1 - 11 years exp. (21 salaries)	₹2 L/yr - ₹10.8 L/yr 34% less
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ICICI Bank Team Manager Salary 3 - 15 years exp. (12 salaries)	₹5.6 L/yr - ₹22.3 L/yr 28% more
Standard Chartered Team Manager Salary 5 - 15 years exp. (9 salaries)	₹6.9 L/yr - ₹22 L/yr 75% more
Axis Bank Team Manager Salary 4 - 11 years exp. (9 salaries)	₹4.8 L/yr - ₹13 L/yr 25% less
Yes Bank Team Manager Salary 5 - 11 years exp. (6 salaries)	₹4.2 L/yr - ₹12.4 L/yr 21% less
IndusInd Bank Team Manager Salary 9 - 12 years exp. (3 salaries)	₹5.1 L/yr - ₹11 L/yr 21% less

Team Manager salary at IDFC FIRST Bank ranges between ₹5 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 14 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Team Manager salaries in Mumbai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
6 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
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7 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
8 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
9 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
10 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
11 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
12 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
14 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
15+ years (3 salaries)	₹7 L/yr - ₹12 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(599 salaries)

₹3 L/yr - ₹9.5 L/yr

Team Lead Salary

(87 salaries)

₹2.2 L/yr - ₹11.38 L/yr

Project Manager Salary

(56 salaries)

₹7 L/yr - ₹25.65 L/yr

Branch Manager Salary

(54 salaries)

₹8 L/yr - ₹27.6 L/yr

Operations Manager Salary

(49 salaries)

₹4.6 L/yr - ₹11.61 L/yr

Program Manager Salary

(16 salaries)

₹9.05 L/yr - ₹24 L/yr

Cluster Manager Salary

(7 salaries)

₹10.5 L/yr - ₹21 L/yr

Area Manager Salary

(3 salaries)

₹10.5 L/yr - ₹15.5 L/yr

Top skills at IDFC FIRST Bank for Team Manager

Analytics Team Management Credit Cards Analytical skills Team Building Customer Experience Customer Service MIS Team Handling Billing Telecom outbound Monitoring Call Center Operations Business Understanding

Salary related reviews for IDFC FIRST Bank

3.4

Rated by 8 employees for salary & benefits

Team Manager in Mumbai

Full Time

Other Department

2.0

• posted on 03 Sep 2024

3.0

for Salary and Benefits

Likes

Salary, you can negotiate and get paid well. Hi-tech and ethical bank with a strong leadership.

Skill development - Good

Dislikes

This bank does not have a culture but has sub cultures which are really messed up for some teams. Work life balance, does not exist. Saturdays are working. This is not an employee centric organization, is rather number driven. Numbers and processes matter ,people don't.

Job security - Bad

+3 more

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

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Salary - Excellent

+1 more

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Skill development - Bad

+4 more

Project Manager in Mumbai

Full Time

Project & Program Management Department

3.0

• posted on 21 Sep 2023

5.0

for Salary and Benefits

Likes

Provides good salary Work timings is not strictly followed

Salary - Excellent

+3 more

Dislikes

A very hectic culture of getting things done in shortest amount of time HR doesn't have any power of its own due to which managers easily exploit their employees No work life balance. Leaving on time is considered a sin here

Work satisfaction - Poor

+1 more

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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 Team Manager Salary FAQs

What is the salary of Team Manager at IDFC FIRST Bank in Mumbai?

The average salary of a Team Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹5.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of Team Manager in Mumbai at IDFC FIRST Bank earn more than ₹13.2 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Team 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 10+ IDFC FIRST Bank employees in India.

What is the estimated take home salary of a Team Manager at IDFC FIRST Bank in Mumbai?

The estimated take-home salary of a Team Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹70,230 to ₹72,036 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 5 years to 15 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 10+ 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 Team Manager at IDFC FIRST Bank in Mumbai?

To be a Team Manager at IDFC FIRST Bank in Mumbai, the key skills required include:

- Analytics
- Team Management
- Credit Cards
- Analytical skills
- Team Building

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 Team Manager in India?

Standard Chartered	₹6.9 Lakhs to ₹22.0 Lakhs per year
ICICI Bank	₹5.6 Lakhs to ₹22.3 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 Team Manager in companies similar to IDFC FIRST Bank in Mumbai?

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

HDFC Bank	₹4.5 Lakhs to ₹13.7 Lakhs per year
IndusInd Bank	₹5.1 Lakhs to ₹11.0 Lakhs per year
Yes Bank	₹4.2 Lakhs to ₹12.4 Lakhs per year
Axis Bank	₹4.8 Lakhs to ₹13.0 Lakhs per year
Kotak Mahindra Bank	₹2.0 Lakhs to ₹10.8 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 Team Manager at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
5 years	₹8.7 Lakhs to ₹11.1 Lakhs per year
6 years	₹8.7 Lakhs to ₹11.1 Lakhs per year
7 years	₹8.7 Lakhs to ₹11.1 Lakhs per year
8 years	₹8.7 Lakhs to ₹11.1 Lakhs per year

and so on.

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IDFC FIRST Bank Team Manager Salaries in Mumbai

IDFC FIRST Bank Team Manager salary in Mumbai ranges between ₹5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.