IDFC FIRST Bharat Mumbai Deputy Manager Salaries by 6 Employees (Updated 2025)

2 - 9 years exp.

₹5 Lakhs - ₹7.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% less than the average Deputy Manager Salary in Financial Services Companies for 2 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.7 L/yr
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Sales & Business Development Deputy Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.5 L/yr

Last Updated: 13 Feb 2025

Companies similar to IDFC FIRST Bharat for Deputy Manager in Mumbai

IDFC FIRST Bharat Deputy Manager Salary

2 - 9 years exp. (6 salaries)

₹5 L/yr - ₹7.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Marsh McLennan Deputy Manager Salary 6 - 18 years exp. (78 salaries)	₹7.9 L/yr - ₹22.5 L/yr 148% more
HDFC Sales Deputy Manager Salary 3 - 13 years exp. (67 salaries)	₹3 L/yr - ₹8.5 L/yr 6% more	2 job openings
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Aditya Birla Capital Deputy Manager Salary 3 - 10 years exp. (49 salaries)	₹3.5 L/yr - ₹11 L/yr 29% more
Citicorp Deputy Manager Salary 3 - 12 years exp. (22 salaries)	₹6 L/yr - ₹16.7 L/yr 114% more
BNP Paribas Deputy Manager Salary 4 - 15 years exp. (10 salaries)	₹11.3 L/yr - ₹20 L/yr 184% more
Motilal Oswal Financial Services Deputy Manager Salary 6 - 11 years exp. (6 salaries)	₹3.5 L/yr - ₹8 L/yr 3% less
American Express Deputy Manager Salary 2 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹9.3 L/yr 46% more
UBS Deputy Manager Salary 1 - 8 years exp. (4 salaries)	₹11 L/yr - ₹23 L/yr 230% more
JPMorgan Chase & Co. Deputy Manager Salary 3 - 4 years exp. (4 salaries)	₹7 L/yr - ₹21.7 L/yr 114% more
RBL FinServe Deputy Manager Salary 6 - 8 years exp. (4 salaries)	₹3.8 L/yr - ₹7.3 L/yr 14% less
Morgan Stanley Deputy Manager Salary 10 - 13 years exp. (3 salaries)	₹10.4 L/yr - ₹16.2 L/yr 92% more
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Cholamandalam Investment & Finance Deputy Manager Salary 4 - 10 years exp. (3 salaries)	₹3 L/yr - ₹8 L/yr 22% less

Deputy Manager salary at IDFC FIRST Bharat ranges between ₹5 Lakhs to ₹7.7 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of IDFC FIRST Bharat .

Experience wise IDFC FIRST Bharat Deputy Manager salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
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4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr

View all

Similar Designation salaries in IDFC FIRST Bharat

Senior Officer Salary

(12 salaries)

₹2.95 L/yr - ₹4 L/yr

Chief Manager Salary

(9 salaries)

₹9.75 L/yr - ₹18.5 L/yr

Product Manager Salary

(5 salaries)

₹6.5 L/yr - ₹19.2 L/yr

Sales Executive Salary

(3 salaries)

₹2 L/yr - ₹2.65 L/yr

Top skills at IDFC FIRST Bharat for Deputy Manager

Branch Banking Banking Customer Interaction bfsi Transaction Banking Client Acquisition Area Sales Retail Banking Customer interaction Appraisal IPSEC Channel Distribution Area Sales Management Customer Acquisition XML

Salary related reviews for IDFC FIRST Bharat

3.0

Rated by 1 employees for salary & benefits

Relationship Manager in Madurai

Full Time

Finance & Accounting Department

5.0

• posted on 15 Dec 2023

5.0

for Salary and Benefits

Likes

Salary is good as comparing other companys. Incentive benefits and conveyance benefits. Doms is provided by company. 2nd&4th saturday holidays.

Salary - Excellent

+6 more

Dislikes

GRM working hours is high(6.00am to 8:30pm) 14 hrs 30 mins working time.

Relationship Manager in Vaiyampatti

Full Time

Sales & Business Development Department

4.0

• posted on 15 Sep 2023

5.0

for Salary and Benefits

Likes

This Company Provide To Good Salary and Incentives.... Promotion To the Employee in Our Work Performance.....

Salary - Excellent

+5 more

Dislikes

Plss Introducing The Development Team...Our company more Improvement In Business Vaise and Cultural vaise HR Take all branches no visit he work Heavy and not concentrate Product only Man handling....This Development Team Introducing Man handling and Product Vise complaint Take to Employee and People...Rectify And Our Company Policies Discuss....IDFC First Bharat 1st place in Tamilnadu.....But not in India so Small changes Rectify Our Company In Top Of India.....in Over all Companies.....Pls Introducing Development Team.....👍👍👍👍

HR Assistant in Tiruchirappalli

Full Time

Human Resources Department

5.0

• posted on 19 Feb 2025

4.0

for Salary and Benefits

Likes

By tracker , structure, program ,salary , employees benifit,no of business products multi tasking role active employee

Salary - Good

+4 more

Dislikes

Area to be improved special activities, control, quality process,and quality workforce.

Business Loan Sales Manager in Salem

Full Time

Sales & Business Development Department

1.0

• posted on 18 Jan 2024

1.0

for Salary and Benefits

Likes

1st they treated like a Child - Offer letter is upcoming When we accept a offer letter and they were play like a childish

Job security - Excellent

Dislikes

...ger are so supportive Employee situation - They strictly solved their problems Compensation - Its so good If we quit the job - they accept the employee situation and immediately solved (This are really truthhhhhhhh) -Yours Faithfully Saracastic sagothar

Salary - Bad

+5 more

Branch Credit Manager in Valappadi

Full Time

Risk Management & Compliance Department

4.0

• posted on 29 Nov 2023

3.0

for Salary and Benefits

Likes

Salary every month credited in month end no delayed . Business team side given lot of promotion oppertunity. Yearly once given abroad travelling complimentary for JFM. Employee afternoon lunch provided is good .

Skill development - Good

+3 more

Dislikes

Morning office time for 8:30 AM.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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IDFC FIRST Bharat Deputy Manager Salary FAQs

What is the salary of Deputy Manager at IDFC FIRST Bharat in Mumbai?

The average salary of a Deputy Manager at IDFC FIRST Bharat in Mumbai typically ranges from ₹5.0 Lakhs to ₹7.7 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Deputy Manager in Mumbai at IDFC FIRST Bharat earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.7 Lakhs per year. Deputy Manager Salaries at IDFC FIRST Bharat 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 6 IDFC FIRST Bharat employees in India.

What is the estimated take home salary of a Deputy Manager at IDFC FIRST Bharat in Mumbai?

The estimated take-home salary of a Deputy Manager at IDFC FIRST Bharat in Mumbai typically ranges from ₹42,809 to ₹43,933 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹7.7 Lakhs per year for employees with experience ranging from 2 years to 9 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 6 salaries received from various employees of IDFC FIRST Bharat . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Manager at IDFC FIRST Bharat in Mumbai?

To be a Deputy Manager at IDFC FIRST Bharat in Mumbai, the key skills required include:

- Branch Banking
- Banking
- Customer Interaction
- bfsi
- Transaction Banking

These skills are highly valued at IDFC FIRST Bharat and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IDFC FIRST Bharat for Deputy Manager in India?

UBS	₹11.0 Lakhs to ₹23.0 Lakhs per year
BNP Paribas	₹11.3 Lakhs to ₹20.0 Lakhs per year
Marsh McLennan	₹7.9 Lakhs to ₹22.5 Lakhs per year
JPMorgan Chase & Co.	₹7.0 Lakhs to ₹21.7 Lakhs per year
Citicorp	₹6.0 Lakhs to ₹16.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDFC FIRST Bharat , depending on the role and experience level.

What is the salary of a Deputy Manager in companies similar to IDFC FIRST Bharat in Mumbai?

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

Morgan Stanley	₹10.4 Lakhs to ₹16.2 Lakhs per year
American Express	₹4.5 Lakhs to ₹9.3 Lakhs per year
Aditya Birla Capital	₹3.5 Lakhs to ₹11.0 Lakhs per year
HDFC Sales	₹3.0 Lakhs to ₹8.5 Lakhs per year
Motilal Oswal Financial Services	₹3.5 Lakhs to ₹8.0 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 Deputy Manager at IDFC FIRST Bharat in Mumbai?

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

Experience	Average Salary Range
2 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
3 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
4 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
5 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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IDFC FIRST Bharat Deputy Manager Salaries in Mumbai

IDFC FIRST Bharat Deputy Manager salary in Mumbai ranges between ₹5 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDFC FIRST Bharat latest salaries received from various employees of IDFC FIRST Bharat .