IDFC FIRST Bank Vice President (VP) Salaries by 10+ Employees (Updated 2025)

5 - 20 years exp.

₹24 Lakhs - ₹60 Lakhs

Salary of majority employees

27% less than the average Vice President (VP) Salary in Banking Companies for 5 - 20 years of experience

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Last Updated: 13 Mar 2025

Companies similar to IDFC FIRST Bank for Vice President (VP)

Company name	Avg Annual Salary	Open Jobs
Yes Bank Vice President (VP) Salary 5 - 19 years exp. (30 salaries)	₹15 L/yr - ₹31 L/yr 36% less
HDFC Bank Vice President (VP) Salary 10 - 23 years exp. (23 salaries)	₹28.2 L/yr - ₹72.5 L/yr 39% more
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Standard Chartered Vice President (VP) Salary 9 - 20 years exp. (17 salaries)	₹30 L/yr - ₹80 L/yr 61% more
Axis Bank Vice President (VP) Salary 5 - 25 years exp. (15 salaries)	₹22 L/yr - ₹56 L/yr 10% more
IndusInd Bank Vice President (VP) Salary 10 - 21 years exp. (12 salaries)	₹23 L/yr - ₹50 L/yr 7% more
Kotak Mahindra Bank Vice President (VP) Salary 10 - 23 years exp. (7 salaries)	₹26.3 L/yr - ₹60 L/yr 25% more
Chase Bank Vice President (VP) Salary ∞ - -∞ years exp. (7 salaries)	₹32 L/yr - ₹55 L/yr 18% more
RBL Bank Vice President (VP) Salary 13 - 18 years exp. (6 salaries)	₹19 L/yr - ₹46 L/yr 8% less
HSBC Global Banking and Markets Vice President (VP) Salary 13 - 14 years exp. (5 salaries)	₹46 L/yr - ₹55 L/yr 44% more
Bandhan Bank Vice President (VP) Salary 16 - 22 years exp. (3 salaries)	₹24 L/yr - ₹34 L/yr 19% less
Barclays Investment Bank Vice President (VP) Salary 12 - 15 years exp. (3 salaries)	₹32.2 L/yr - ₹60 L/yr 31% more
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Jana Small Finance Bank Vice President (VP) Salary 12 - 20 years exp. (3 salaries)	₹21.5 L/yr - ₹50 L/yr 12% more

Vice President (VP) salary at IDFC FIRST Bank ranges between ₹24 Lakhs to ₹60 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 19 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Vice President (VP) salaries

Last Updated: 13 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹35 L/yr - ₹63.4 L/yr
6 years (AmbitionBox Estimate)	₹31.6 L/yr - ₹40.4 L/yr
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7 years (AmbitionBox Estimate)	₹31.6 L/yr - ₹40.4 L/yr
8 years (AmbitionBox Estimate)	₹32.5 L/yr - ₹41 L/yr
9 years (AmbitionBox Estimate)	₹14 L/yr - ₹36 L/yr
10 years (AmbitionBox Estimate)	₹31.4 L/yr - ₹40.2 L/yr
11 years (7 salaries)	₹25 L/yr - ₹60 L/yr
12 years (AmbitionBox Estimate)	₹27 L/yr - ₹62.7 L/yr
13 years (AmbitionBox Estimate)	₹24.8 L/yr - ₹62.6 L/yr
14 years (AmbitionBox Estimate)	₹31.2 L/yr - ₹39.9 L/yr
15+ years (5 salaries)	₹24 L/yr - ₹45 L/yr

View all

Salary related reviews for IDFC FIRST Bank

4.0

Rated by 1 employees for salary & benefits

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

Senior Manager Hrbp in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Dec 2024

5.0

for Salary and Benefits

Likes

It has good compensation and promotion policy for internal talent Top Leadership has lot of focus in driving the bank forward

Salary - Excellent

+5 more

Dislikes

It lags in overall learning and development of talent Support teams are somewhat inefficient

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

Salary - Good

+1 more

Dislikes

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

Promotions - Poor

+3 more

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.

Salary - Good

+1 more

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.

Skill development - Bad

+4 more

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.

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDFC FIRST Bank Vice President (VP) Salary FAQs

What is the salary of Vice President (VP) at IDFC FIRST Bank ?

The average salary of a Vice President (VP) at IDFC FIRST Bank in India typically ranges from ₹24.0 Lakhs to ₹60.0 Lakhs per year, depending on experience (from 5 years to 20 years).

The top 10% of Vice President (VP) at IDFC FIRST Bank earn more than ₹46.2 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Vice President (VP) 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 Vice President (VP) at IDFC FIRST Bank in India?

The estimated take-home salary of a Vice President (VP) at IDFC FIRST Bank in India typically ranges from ₹2,10,574 to ₹2,18,958 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹60.0 Lakhs per year for employees with experience ranging from 5 years to 20 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.

Which companies offer higher salaries than IDFC FIRST Bank for Vice President (VP) in India?

Standard Chartered	₹30.0 Lakhs to ₹80.0 Lakhs per year
HSBC Global Banking and Markets	₹46.0 Lakhs to ₹55.0 Lakhs per year
HDFC Bank	₹28.2 Lakhs to ₹72.5 Lakhs per year
Barclays Investment Bank	₹32.2 Lakhs to ₹60.0 Lakhs per year
Kotak Mahindra Bank	₹26.3 Lakhs to ₹60.0 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 Vice President (VP) in companies similar to IDFC FIRST Bank in India?

The salary of a Vice President (VP) at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Chase Bank	₹32.0 Lakhs to ₹55.0 Lakhs per year
Jana Small Finance Bank	₹21.5 Lakhs to ₹50.0 Lakhs per year
Axis Bank	₹22.0 Lakhs to ₹56.0 Lakhs per year
IndusInd Bank	₹23.0 Lakhs to ₹50.0 Lakhs per year
RBL Bank	₹19.0 Lakhs to ₹46.0 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 Vice President (VP) at IDFC FIRST Bank in India?

The salary growth for a Vice President (VP) at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Vice President (VP) can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
5 years	₹35.0 Lakhs to ₹63.4 Lakhs per year
6 years	₹31.6 Lakhs to ₹40.4 Lakhs per year
7 years	₹31.6 Lakhs to ₹40.4 Lakhs per year
8 years	₹32.5 Lakhs to ₹41.0 Lakhs per year

and so on.

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IDFC FIRST Bank Vice President (VP) Salaries

IDFC FIRST Bank Vice President (VP) salary in India ranges between ₹24 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Vice President (VP) salaries in India (Updated 2025)

Companies similar to IDFC FIRST Bank for Vice President (VP)

Latest annual salaries shared by IDFC FIRST Bank Vice President (VP)

Experience wise IDFC FIRST Bank Vice President (VP) salaries

Salary related reviews for IDFC FIRST Bank

Assistant Vice President in Hyderabad / Secunderabad

Senior Manager Hrbp in Jaipur

Acquisition Manager in Mumbai

Teller in Mumbai

Production Engineer in Mumbai

IDFC FIRST Bank Vice President (VP) Salary FAQs

Tell us how to improve this page.