IDFC FIRST Bank Chennai Wealth Manager Salaries by 4 Employees

2 - 7 years exp.

₹7.5 Lakhs - ₹12 Lakhs

Salary of majority employees

17% more than the average Wealth Manager Salary in Banking Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Wealth Manager Salary 6 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.7 L/yr
Customer Success, Service & Operations Wealth Manager Salary 7 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.4 L/yr
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Sales & Business Development Wealth Manager Salary 3 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹12 L/yr

Last Updated: 20 May 2024

Companies similar to IDFC FIRST Bank for Wealth Manager in Chennai

IDFC FIRST Bank Wealth Manager Salary

2 - 7 years exp. (4 salaries)

₹7.5 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Wealth Manager Salary 0 - 13 years exp. (44 salaries)	₹4 L/yr - ₹13 L/yr 8% less
ICICI Securities Wealth Manager Salary 0 - 5 years exp. (11 salaries)	₹5 L/yr - ₹6.5 L/yr 29% less
Login to view exact salary
Dvara KGFS Wealth Manager Salary 0 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹3 L/yr 74% less
JM Financial Wealth Manager Salary 4 - 13 years exp. (8 salaries)	₹7 L/yr - ₹12 L/yr 2% more
Bajaj Capital Wealth Manager Salary 0 - 3 years exp. (7 salaries)	₹4 L/yr - ₹5.1 L/yr 47% less	1 job opening

Wealth Manager salary at IDFC FIRST Bank ranges between ₹7.5 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Wealth Manager salaries in Chennai

Last Updated: 20 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹12 L/yr
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4 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
5 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹16.2 L/yr
7 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹16.6 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(128 salaries)

₹3 L/yr - ₹9.05 L/yr

Sales Manager Salary

(70 salaries)

₹3.5 L/yr - ₹11 L/yr

Relationship Manager Salary

(50 salaries)

₹3.05 L/yr - ₹12 L/yr

Branch Manager Salary

(40 salaries)

₹7.1 L/yr - ₹29.7 L/yr

Chief Manager Salary

(29 salaries)

₹11 L/yr - ₹25.65 L/yr

Branch Sales Manager Salary

(12 salaries)

₹4.1 L/yr - ₹10.45 L/yr

Branch Head Salary

(8 salaries)

₹10.3 L/yr - ₹24.5 L/yr

Top skills at IDFC FIRST Bank for Wealth Manager

Due Diligence Networking Fixed Income Market Intelligence Operations Portfolio Management Taxation structured products Customer Service Wealth Management

Salary related reviews for IDFC FIRST Bank

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

Relationship Wealth Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 15 Jul 2024

1.0

for Salary and Benefits

Likes

Pan india 2nd Rank in FW category,increment not given, salary correction not happened,when it comes appriasal always says Management decsion,when required business scuring emoloyee happiness

Dislikes

Work cultral not good and product tranning in vc terrible

Salary - Bad

+6 more

Branch Relationship Manager in Vapi

Full Time

Sales & Business Development Department

4.0

• posted on 08 Oct 2024

5.0

for Salary and Benefits

Likes

Salary growth is the best also incentive parts are the best before

Salary - Excellent

+5 more

Dislikes

Bank is the best for growth and career but Branch Manager is the main part to Handel everything like employees work culture behavior supportive etc that the (-) point at bank

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

Deputy Manager in Navi Mumbai

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.

Skill development - Bad

+4 more

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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 Wealth Manager Salary FAQs

What is the salary of Wealth Manager at IDFC FIRST Bank in Chennai?

The average salary of a Wealth Manager at IDFC FIRST Bank in Chennai typically ranges from ₹7.5 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Wealth Manager in Chennai at IDFC FIRST Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Wealth 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 4 IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Wealth Manager at IDFC FIRST Bank in Chennai typically ranges from ₹64,207 to ₹65,842 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 4 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 Wealth Manager at IDFC FIRST Bank in Chennai?

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

- Due Diligence
- Networking
- Fixed Income
- Market Intelligence
- Operations

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 Wealth Manager in India?

JM Financial

₹7.0 Lakhs to ₹12.0 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 Wealth Manager in companies similar to IDFC FIRST Bank in Chennai?

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

ICICI Bank	₹4.0 Lakhs to ₹13.0 Lakhs per year
ICICI Securities	₹5.0 Lakhs to ₹6.5 Lakhs per year
Bajaj Capital	₹4.0 Lakhs to ₹5.1 Lakhs per year
Dvara KGFS	₹1.5 Lakhs to ₹3.0 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 Wealth Manager at IDFC FIRST Bank in Chennai?

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

Experience	Average Salary Range
2 years	₹3.3 Lakhs to ₹9.0 Lakhs per year
3 years	₹3.3 Lakhs to ₹12.0 Lakhs per year
4 years	₹7.7 Lakhs to ₹9.9 Lakhs per year
5 years	₹7.9 Lakhs to ₹10.1 Lakhs per year

and so on.

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IDFC FIRST Bank Wealth Manager Salaries in Chennai

IDFC FIRST Bank Wealth Manager salary in Chennai ranges between ₹7.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.