IDFC FIRST Bank Hyderabad / Secunderabad VRM Salaries by 3 Employees (Updated 2025)

3 - 10 years exp.

₹4.5 Lakhs - ₹8.3 Lakhs

Low Confidence

Salary of majority employees

77% more than the average VRM Salary in Banking Companies for 3 - 10 years of experience

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Salaries in different departments

Procurement & Supply Chain VRM Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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Customer Success, Service & Operations VRM Salary 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹7.5 L/yr

Last Updated: 6 Jan 2025

Companies similar to IDFC FIRST Bank for VRM in Hyderabad / Secunderabad

IDFC FIRST Bank VRM Salary

3 - 10 years exp. (3 salaries)

₹4.5 L/yr - ₹8.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank VRM Salary 0 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹5.5 L/yr 49% less

VRM salary at IDFC FIRST Bank ranges between ₹4.5 Lakhs to ₹8.3 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank VRM salaries in Hyderabad / Secunderabad

Last Updated: 6 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.6 L/yr
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
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5 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.3 L/yr

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Salary related reviews for IDFC FIRST Bank

3.0

Rated by 1 employees for salary & benefits

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

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

Salary - Excellent

+6 more

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

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 VRM Salary FAQs

What is the notice period for VRM at IDFC FIRST Bank in Hyderabad / Secunderabad?

According to AmbitionBox, 60% of the IDFC FIRST Bank VRMs in Hyderabad / Secunderabad reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank VRM Salaries in Hyderabad / Secunderabad

IDFC FIRST Bank VRM salary in Hyderabad / Secunderabad ranges between ₹4.5 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.