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IDFC FIRST Bank Vice President salaries in Mumbai (Updated 2025)

Annual salary range
11 - 22 years exp.
₹18.3 Lakhs - ₹62 Lakhs
Salary of majority employees
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9% less than the average Vice President Salary in Banking Companies for 11 - 22 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Vice President Salary
11 - 22 years exp. (45 salaries)
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₹23 L/yr - ₹60 L/yr

Customer Success, Service & Operations
Vice President Salary
15 - 22 years exp. (22 salaries)
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₹18.3 L/yr - ₹45 L/yr

Sales & Business Development
Vice President Salary
11 - 19 years exp. (13 salaries)
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₹29.8 L/yr - ₹49 L/yr

Finance & Accounting
Vice President Salary
11 - 17 years exp. (11 salaries)
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₹28 L/yr - ₹50 L/yr

Risk Management & Compliance
Vice President Salary
11 - 21 years exp. (11 salaries)
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₹27.7 L/yr - ₹50 L/yr

View all

Last Updated: 22 Mar 2025

Companies similar to IDFC FIRST Bank for Vice President in Mumbai

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IDFC FIRST Bank Vice President Salary

11 - 22 years exp. (185 salaries)

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₹18.3 L/yr - ₹62 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Yes Bank Vice President Salary

8 - 23 years exp. (703 salaries)

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₹11 L/yr - ₹35 L/yr

arrow icon 43% less
1 job opening
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Axis Bank Vice President Salary

10 - 26 years exp. (415 salaries)

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₹22 L/yr - ₹68 L/yr

arrow icon 2% more
1 job opening
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Kotak Mahindra Bank Vice President Salary

12 - 21 years exp. (296 salaries)

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₹20 L/yr - ₹66 L/yr

arrow icon 1% less
3 job openings
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HDFC Bank Vice President Salary

13 - 25 years exp. (167 salaries)

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₹30 L/yr - ₹68.4 L/yr

arrow icon 16% more
1 job opening
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RBL Bank Vice President Salary

12 - 22 years exp. (137 salaries)

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₹15.8 L/yr - ₹54 L/yr

arrow icon 9% less
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IndusInd Bank Vice President Salary

11 - 23 years exp. (112 salaries)

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₹18 L/yr - ₹53.3 L/yr

arrow icon 4% less
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ICICI Bank Vice President Salary

7 - 15 years exp. (12 salaries)

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₹24 L/yr - ₹55 L/yr

arrow icon 14% less
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Chase Bank Vice President Salary

13 - 18 years exp. (11 salaries)

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₹35 L/yr - ₹70 L/yr

arrow icon 16% more
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₹32 L/yr - ₹50 L/yr

arrow icon 2% more
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Jana Small Finance Bank Vice President Salary

15 - 21 years exp. (6 salaries)

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₹21.7 L/yr - ₹37.1 L/yr

arrow icon 29% less
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₹19 L/yr - ₹41.4 L/yr

arrow icon 13% less
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Shinhan Bank Vice President Salary

10 - 17 years exp. (5 salaries)

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₹20 L/yr - ₹31 L/yr

arrow icon 42% less
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Bandhan Bank Vice President Salary

18 - 25 years exp. (4 salaries)

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₹42 L/yr - ₹53.2 L/yr

arrow icon 10% more
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₹35 L/yr - ₹65 L/yr

arrow icon 15% more
Vice President salary at IDFC FIRST Bank ranges between ₹18.3 Lakhs to ₹62 Lakhs per year for employees with experience between 11 years to 22 years. Salary estimates are based on 185 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Vice President in Mumbai

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14 years exp.
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14 years exp.
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14 years exp.
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20 years exp.
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21 years exp.
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12 years exp.
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16 years exp.
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15 years exp.
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13 years exp.

Experience wise IDFC FIRST Bank Vice President salaries in Mumbai

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
11 years  (10 salaries)

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₹33 L/yr - ₹60 L/yr
12 years  (14 salaries)

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₹30 L/yr - ₹55 L/yr
13 years  (12 salaries)

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₹19 L/yr - ₹46 L/yr
14 years  (25 salaries)

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₹20.4 L/yr - ₹60 L/yr
15+ years  (124 salaries)

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₹18.3 L/yr - ₹62 L/yr

Similar Designation salaries in IDFC FIRST Bank

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₹14.19 L/yr - ₹50 L/yr
Branch Manager Salary
(54 salaries)
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₹8 L/yr - ₹27.6 L/yr
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₹14 L/yr - ₹39 L/yr
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₹28 L/yr - ₹94 L/yr
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₹22 L/yr - ₹51 L/yr
Branch Head Salary
(8 salaries)
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₹16 L/yr - ₹24 L/yr
Director Salary
(8 salaries)
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₹35 L/yr - ₹96 L/yr
Business Head Salary
(3 salaries)
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₹76.8 L/yr - ₹130 L/yr

Salary related reviews for IDFC FIRST Bank

3.7

Rated by 10 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +5 more

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

read more
  • Salary - Bad
  • +6 more

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

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  • Skill development - Bad
  • +4 more

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

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  • Work satisfaction - Poor
  • +1 more

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.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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IDFC FIRST Bank Vice President Salary FAQs

What is the salary of Vice President at IDFC FIRST Bank in Mumbai?
The average salary of a Vice President at IDFC FIRST Bank in Mumbai typically ranges from ₹18.3 Lakhs to ₹62.0 Lakhs per year, depending on experience (from 11 years to 22 years).

The top 10% of Vice President in Mumbai at IDFC FIRST Bank earn more than ₹49.0 Lakhs per year, and the top 1% earn over ₹61.3 Lakhs per year. Vice President 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 100+ IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Vice President at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Vice President at IDFC FIRST Bank in Mumbai typically ranges from ₹2,54,177 to ₹2,64,533 per month. This is based on the average salary range of ₹18.3 Lakhs to ₹62.0 Lakhs per year for employees with experience ranging from 11 years to 22 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 100+ 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 in India?
HDFC Bank ₹30.0 Lakhs to ₹68.4 Lakhs per year
Chase Bank ₹35.0 Lakhs to ₹70.0 Lakhs per year
Utkarsh Small Finance Bank ₹35.0 Lakhs to ₹65.0 Lakhs per year
Bandhan Bank ₹42.0 Lakhs to ₹53.2 Lakhs per year
Barclays Investment Bank ₹32.0 Lakhs to ₹50.0 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 in companies similar to IDFC FIRST Bank in Mumbai?
The salary of a Vice President at companies similar to IDFC FIRST Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹22.0 Lakhs to ₹68.0 Lakhs per year
Kotak Mahindra Bank ₹20.0 Lakhs to ₹66.0 Lakhs per year
IndusInd Bank ₹18.0 Lakhs to ₹53.3 Lakhs per year
RBL Bank ₹15.8 Lakhs to ₹54.0 Lakhs per year
HSBC Global Banking and Markets ₹19.0 Lakhs to ₹41.4 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 at IDFC FIRST Bank in Mumbai?
The salary growth for a Vice President at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Vice President in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
11 years ₹33.0 Lakhs to ₹60.0 Lakhs per year
12 years ₹30.0 Lakhs to ₹55.0 Lakhs per year
13 years ₹19.0 Lakhs to ₹46.0 Lakhs per year
14 years ₹20.4 Lakhs to ₹60.0 Lakhs per year
and so on.

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IDFC FIRST Bank Vice President salary in Mumbai ranges between ₹18.3 Lakhs to ₹62 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 185 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.