IDFC FIRST Bank Vice President IT Salaries by 10+ Employees (Updated 2024)

14 - 20 years exp.

₹25 Lakhs - ₹93.3 Lakhs

Salary of majority employees

21% more than the average Vice President IT Salary in Banking Companies for 14 - 20 years of experience

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Salaries in different departments

IT & Information Security Vice President IT Salary 14 - 17 years exp. (5 salaries)	₹26 L/yr - ₹59.6 L/yr
BFSI, Investments & Trading Vice President IT Salary 17 - 19 years exp. (3 salaries)	₹55 L/yr - ₹74.2 L/yr
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Engineering - Software & QA Vice President IT Salary 17 - 20 years exp. (3 salaries)	₹46 L/yr - ₹93.3 L/yr
Project & Program Management Vice President IT Salary 14 - 20 years exp. (3 salaries)	₹25 L/yr - ₹57.7 L/yr

Last Updated: 10 Dec 2024

Companies similar to IDFC FIRST Bank for Vice President IT

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Vice President IT Salary 17 - 24 years exp. (14 salaries)	₹41 L/yr - ₹66 L/yr 19% less
Axis Bank Vice President IT Salary 15 - 24 years exp. (25 salaries)	₹38.5 L/yr - ₹65 L/yr 21% less
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Kotak Mahindra Bank Vice President IT Salary 15 - 20 years exp. (9 salaries)	₹36 L/yr - ₹67 L/yr 14% less
Yes Bank Vice President IT Salary 10 - 19 years exp. (14 salaries)	₹19 L/yr - ₹31 L/yr 57% less
RBL Bank Vice President IT Salary 19 - 24 years exp. (4 salaries)	₹41.2 L/yr - ₹49 L/yr 30% less
Jana Small Finance Bank Vice President IT Salary 18 - 20 years exp. (3 salaries)	₹27 L/yr - ₹42.1 L/yr 47% less

Vice President IT salary at IDFC FIRST Bank ranges between ₹25 Lakhs to ₹93.3 Lakhs per year for employees with experience between 14 years to 20 years. Salary estimates are based on 14 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Vice President IT salaries

Last Updated: 10 Dec 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹26 L/yr - ₹1 Cr/yr
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15+ years (12 salaries)	₹25 L/yr - ₹93.3 L/yr

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Salary related reviews for IDFC FIRST Bank

4.0

Rated by 1 employees for salary & benefits

Assistant Manager Information Technology in Navi Mumbai

Engineering - Software & QA Department

4.0

• posted on 03 Sep 2018

3.0

for Salary and Benefits

Likes

Company work environment is good, traveling also good and talk about teammates is good.

Dislikes

Compensation is decent, but growth is slow.the work pressure is very high.sometimes, I have to work more than 15 hours straight in a day and I have to attend calls and meetings, I do receive appreciation mails from various stakeholders, but they mostly go unnoticed during my mid- year appraisals. Also, there is no proper suggestions and support for project growth from managers,most of the times need to do individual research, decision making, responsibilities.hence there is no on job training for freshers, hence senior folks like me, have to guide the step by step, which is pain sometimes and it is effectiving personal life most of the times.

Acquisition Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 20 Nov 2024

4.0

for Salary and Benefits

Likes

...hat you get after joining the Idfc first bank 1. You get a family mediclaim. 2. You get bonus as you complete 1 year. 3. You get Travel Expense. 4. You get reimbursement of you monthly phone bill

Dislikes

Company's Culture is not good, So before joining the retail banking in Idfc First bank think twice .

Teller in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 Nov 2024

4.0

for Salary and Benefits

Likes

Only their salary structure is good.

Dislikes

I resigned from this job because there was too much of favoritism specially in their Lower Parel branch. There is this person name Ajeetkumar Pandey (Branch Relationship Manager) who was previously Banker Authoriser is worst. 10 to 12 tellers/ cashier have resigned because of him. He is very smart in terms of office politics. And if people try to complain to the HR then he fulfills the branch's target so HR won't blame or question him. Worst HR and management.

Production Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 08 Nov 2024

3.0

for Salary and Benefits

Likes

Salary structure is good depend on the role.

Dislikes

There is no fixed working hours. Partiality between employees by manager. Recession without any reason. No one listen employee concern. Overall Working culture is terrible.

Senior Relationship Manager in Shivamogga

Full Time

Finance & Accounting Department

5.0

• posted on 08 Nov 2024

5.0

for Salary and Benefits

Likes

On time salary and weekly off. And our products and policy is very simple and and S_. _C APPLICATION to work easily

Dislikes

In our branch we don't have customer meeting room . It's very shameful me when I discussions with customer

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDFC FIRST Bank Vice President IT Salary FAQs

What is the salary of Vice President IT at IDFC FIRST Bank?

Vice President IT salary at IDFC FIRST Bank in India ranges between ₹25.0 Lakhs to ₹93.3 Lakhs for experience between 14 years to 20 years. According to our estimates it is 21% more than the average Vice President IT Salary in India. Salary estimates are based on 14 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a Vice President IT at IDFC FIRST Bank is 21% more than the average salary of a Vice President IT in India. To know exact salary insights, login to view.

What is the salary of a Vice President IT in companies similar to IDFC FIRST Bank in India?

Kotak Mahindra Bank Vice President IT Salary - ₹36.0 Lakhs to ₹67.0 Lakhs per year
HDFC Bank Vice President IT Salary - ₹41.0 Lakhs to ₹66.0 Lakhs per year
Axis Bank Vice President IT Salary - ₹38.5 Lakhs to ₹65.0 Lakhs per year
RBL Bank Vice President IT Salary - ₹41.2 Lakhs to ₹49.0 Lakhs per year
Jana Small Finance Bank Vice President IT Salary - ₹27.0 Lakhs to ₹42.1 Lakhs per year

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

The estimated take-home salary of a Vice President IT at IDFC FIRST Bank ranges between ₹3,39,038 per month to ₹3,51,321 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Vice President IT salary in India which ranges between ₹25.0 Lakhs to ₹93.3 Lakhs per year for employees with experience between 14 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Vice President IT at IDFC FIRST Bank?

According to AmbitionBox, 100% of the IDFC FIRST Bank Vice President ITs reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Vice President IT Salaries

IDFC FIRST Bank Vice President IT salary in India ranges between ₹25 Lakhs to ₹93.3 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.