IDFC FIRST Bharat Mumbai Manager Salaries by 4 Employees

7 - 9 years exp.

₹5.4 Lakhs - ₹7.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

64% less than the average Manager Salary in Financial Services Companies for 7 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.2 L/yr
Finance & Accounting Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹6.8 L/yr
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Sales & Business Development Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹7.4 L/yr

Last Updated: 13 Mar 2023

Companies similar to IDFC FIRST Bharat for Manager in Mumbai

IDFC FIRST Bharat Manager Salary

7 - 9 years exp. (4 salaries)

₹5.4 L/yr - ₹7.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Manager Salary 3 - 12 years exp. (1k salaries)	₹10 L/yr - ₹41.2 L/yr 304% more
Citicorp Manager Salary 4 - 19 years exp. (966 salaries)	₹9.7 L/yr - ₹38 L/yr 280% more
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JPMorgan Chase & Co. Manager Salary 6 - 16 years exp. (387 salaries)	₹7 L/yr - ₹25.5 L/yr 171% more
BNP Paribas Manager Salary 8 - 18 years exp. (258 salaries)	₹9.3 L/yr - ₹30 L/yr 226% more
Motilal Oswal Financial Services Manager Salary 4 - 13 years exp. (184 salaries)	₹4 L/yr - ₹14.6 L/yr 46% more
State Street Corporation Manager Salary 8 - 17 years exp. (117 salaries)	₹10 L/yr - ₹32 L/yr 238% more
Marsh McLennan Manager Salary 4 - 16 years exp. (99 salaries)	₹8.9 L/yr - ₹31.2 L/yr 223% more
Aditya Birla Capital Manager Salary 0 - 12 years exp. (99 salaries)	₹7.9 L/yr - ₹21.9 L/yr 124% more
Bajaj Finserv Manager Salary 1 - 10 years exp. (64 salaries)	₹3.5 L/yr - ₹10.9 L/yr 15% more
HSBC Group Manager Salary 4 - 18 years exp. (62 salaries)	₹6 L/yr - ₹25 L/yr 145% more
UBS Manager Salary 8 - 15 years exp. (33 salaries)	₹9 L/yr - ₹24 L/yr 191% more
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Bnp Paribas Securities Manager Salary 9 - 15 years exp. (17 salaries)	₹10.5 L/yr - ₹17 L/yr 147% more
HDFC Sales Manager Salary 6 - 15 years exp. (8 salaries)	₹4.5 L/yr - ₹16.2 L/yr 64% more	1 job opening
RBL FinServe Manager Salary 1 - 13 years exp. (8 salaries)	₹6.5 L/yr - ₹12.4 L/yr 55% more
Cholamandalam Investment & Finance Manager Salary 4 - 12 years exp. (6 salaries)	₹4 L/yr - ₹10 L/yr 11% more
Karvy DigiKonnect Manager Salary 11 - 14 years exp. (4 salaries)	₹6 L/yr - ₹10.5 L/yr 35% more
Shriram Group Manager Salary 3 - 14 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 98% more
Muthoot Pappachan Group Manager Salary 12 - 13 years exp. (3 salaries)	₹6.2 L/yr - ₹10 L/yr 39% more

Manager salary at IDFC FIRST Bharat ranges between ₹5.4 Lakhs to ₹7.4 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bharat .

Experience wise IDFC FIRST Bharat Manager salaries in Mumbai

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

Similar Designation salaries in IDFC FIRST Bharat

Deputy Manager Salary

(6 salaries)

₹5 L/yr - ₹7.65 L/yr

Top skills at IDFC FIRST Bharat for Manager

Banking Branch Banking Customer Interaction bfsi Client Acquisition

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Timing is Not exactly which they mentioned we are working. We are working more than 9 to 11 hours. That's not calculated like overtime. On Month end 4th Saturday actually bank holiday. So we are planning for personal works, or trips or etc.. but suddenly Friday evening organisation wi cancel the holiday and inform as working day, it's a terrible thing. GRO's are coming morning 6am they are finish the collection by evening 6pm. But after 6 also Gro not going to room. They should give loan plan and then only we Biz team will leave them at 10 to 10.30pm. These are all should

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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 Manager Salary FAQs

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

The average salary of a Manager at IDFC FIRST Bharat in Mumbai typically ranges from ₹5.4 Lakhs to ₹7.4 Lakhs per year, depending on experience (from 7 years to 9 years).

The top 10% of Manager in Mumbai at IDFC FIRST Bharat earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹7.4 Lakhs per year. 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 4 IDFC FIRST Bharat employees in India.

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

The estimated take-home salary of a Manager at IDFC FIRST Bharat in Mumbai typically ranges from ₹44,658 to ₹45,753 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from 7 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 4 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 Manager at IDFC FIRST Bharat in Mumbai?

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

- Banking
- Branch Banking
- Customer Interaction
- bfsi
- Client Acquisition

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 Manager in India?

Morgan Stanley	₹10.0 Lakhs to ₹41.2 Lakhs per year
Citicorp	₹9.7 Lakhs to ₹38.0 Lakhs per year
State Street Corporation	₹10.0 Lakhs to ₹32.0 Lakhs per year
BNP Paribas	₹9.3 Lakhs to ₹30.0 Lakhs per year
Marsh McLennan	₹8.9 Lakhs to ₹31.2 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 Manager in companies similar to IDFC FIRST Bharat in Mumbai?

The salary of a 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:

UBS	₹9.0 Lakhs to ₹24.0 Lakhs per year
JPMorgan Chase & Co.	₹7.0 Lakhs to ₹25.5 Lakhs per year
Bnp Paribas Securities	₹10.5 Lakhs to ₹17.0 Lakhs per year
HSBC Group	₹6.0 Lakhs to ₹25.0 Lakhs per year
Aditya Birla Capital	₹7.9 Lakhs to ₹21.9 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 Manager at IDFC FIRST Bharat in Mumbai?

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

Experience	Average Salary Range
7 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
8 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
9 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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IDFC FIRST Bharat Manager Salaries in Mumbai

IDFC FIRST Bharat Manager salary in Mumbai ranges between ₹5.4 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bharat latest salaries received from various employees of IDFC FIRST Bharat .