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IDFC FIRST Bank Verified Tick

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4.0

based on 9.8k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Associate Salaries in India

based on 538 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
0 - 7 years exp. (566 salaries)
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₹1.6 L/yr - ₹5 L/yr

0 - 11 years exp. (47 salaries)
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₹6 L/yr - ₹16 L/yr

0 - 5 years exp. (46 salaries)
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₹1.2 L/yr - ₹4.2 L/yr

3 - 14 years exp. (45 salaries)
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₹5.8 L/yr - ₹14.3 L/yr

1 - 5 years exp. (45 salaries)
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₹1.2 L/yr - ₹3.2 L/yr

1 - 10 years exp. (45 salaries)
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₹2.1 L/yr - ₹5 L/yr

2 - 8 years exp. (44 salaries)
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₹3.6 L/yr - ₹8 L/yr

4 - 9 years exp. (43 salaries)
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₹4.6 L/yr - ₹13.3 L/yr

2 - 10 years exp. (43 salaries)
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₹2.9 L/yr - ₹10 L/yr

2 - 8 years exp. (43 salaries)
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₹1.9 L/yr - ₹3.6 L/yr

0 - 6 years exp. (43 salaries)
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₹1.2 L/yr - ₹3.3 L/yr

2 - 6 years exp. (42 salaries)
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₹3 L/yr - ₹6.3 L/yr

1 - 10 years exp. (42 salaries)
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₹3 L/yr - ₹7.8 L/yr

1 - 9 years exp. (42 salaries)
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₹4 L/yr - ₹8.1 L/yr

4 - 12 years exp. (42 salaries)
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₹5 L/yr - ₹9.5 L/yr

1 - 10 years exp. (41 salaries)
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₹3 L/yr - ₹9 L/yr

1 - 6 years exp. (41 salaries)
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₹1.2 L/yr - ₹3.8 L/yr

0 - 6 years exp. (41 salaries)
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₹2.1 L/yr - ₹4 L/yr

0 - 11 years exp. (41 salaries)
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₹4.1 L/yr - ₹11.6 L/yr

0 - 5 years exp. (40 salaries)
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₹1.5 L/yr - ₹3.8 L/yr

0 - 6 years exp. (40 salaries)
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₹1.4 L/yr - ₹3.4 L/yr

Last Updated: 9 Jan, 2025

Salary related reviews for IDFC FIRST Bank

3.6

Rated by 89 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 28 Jun 2022

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

1)IDFC First bank provides salary to Associate post it's less than 15000 in hand per month. 2)Daily working time is 12 to 13 hours in a day. 3)Target based work,Decided target is not possible to finished in 9 hours shift we need to stretch 3 to 4 hours more for completing the target. 4)So much work pressure, insufficient manpower. 5)They are not think about our old employees. 6)Future growth is zero for third party staff in IDFC first bank. Need to do some positive changes in employees salary structure and work time.

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Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 22 Jul 2024

3.0
 for  Salary and Benefits

Likes

They offer good compensation to steal good people and then treat them like garbage

read more

Dislikes

Hell , pathetic environment. Worst ever experience. Managers target employees and make their life hell. For every responsibility they warn you on job security. Only *ss lickers can survive ar this company. A constant feeling of stress and pressure. No appreciation , no leaves allowed. Its hell. Even some employees are devil. To protect their job they demean their own team members.

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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

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Dislikes

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

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

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Dislikes

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

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.

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IDFC FIRST Bank Salary FAQs

How much does IDFC FIRST Bank pay per year?
The average IDFC FIRST Bank salary ranges from approximately ₹1.2 Lakh to ₹1.3 Lakh per year for a Reconciliation Executive and ₹73 Lakhs to ₹1 Crore per year for a Senior Director. Salary estimates are based on 538 IDFC FIRST Bank salaries received from various employees of IDFC FIRST Bank. IDFC FIRST Bank employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in IDFC FIRST Bank?
The highest-paying job at IDFC FIRST Bank is a Senior Director with a salary of ₹73 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹17.99 lakhs per year. The top 1% earn more than a whopping ₹40.81 lakhs per year.
What is the minimum salary in IDFC FIRST Bank?
Minimum salary at IDFC FIRST Bank depends on the role you are applying for. For Sales Officer the minimum salary is ₹1 Lakh to ₹5 Lakhs per year, and for Senior Officer the minimum salary is ₹1.9 Lakh to ₹5.5 Lakhs per year and so on.
What is the salary package for freshers in IDFC FIRST Bank?
The average salary at IDFC FIRST Bank for freshers varies from ₹1.1 Lakh to ₹1.4 Lakh per year for Financial Consultant and ₹12.8 Lakhs to ₹20.7 Lakhs per year for Risk Manager.
What is the notice period for Associate at IDFC FIRST Bank?
According to AmbitionBox, 68% of the IDFC FIRST Bank Associates reported a notice period of 1 Month, 22% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 452 responses on AmbitionBox in last 2 years.

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Average annual salary for Associate in IDFC FIRST Bank is INRunlock blur . Salary estimates are based on 538 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

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