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IDBI Bank

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3.8

based on 1.3k Reviews

HQ - Mumbai, Maharashtra, India Banking 10k-50k Employees (India) Financial Services Public
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IDBI Bank Salaries in India

based on 6k latest salaries

3.7

Rated by 1.3k Employees for salary and benefits

Top Departments at IDBI Bank
Designation Average Salary
Yearly arrow-down

Assistant General Manager

Experience: 10 - 19 yrs (443 Salaries)
₹ 24,58,767/year

(₹12.6L/yr - ₹32.0L/yr)

Sales Executive

Experience: 0 - 6 yrs (335 Salaries)
₹ 2,39,858/year

(₹18.0K/yr - ₹4.3L/yr)

Senior Sales Executive

Experience: 0 - 12 yrs (223 Salaries)
₹ 2,66,458/year

(₹1.3L/yr - ₹4.0L/yr)

Deputy General Manager

Experience: 15 - 25 yrs (176 Salaries)
₹ 31,11,411/year

(₹12.5L/yr - ₹50.0L/yr)

Branch Head

Experience: 10 - 20 yrs (147 Salaries)
₹ 20,24,463/year

(₹9.5L/yr - ₹28.0L/yr)

Credit Manager

Experience: 2 - 17 yrs (106 Salaries)
₹ 16,32,993/year

(₹8.0L/yr - ₹22.5L/yr)

Sales Manager

Experience: 1 - 9 yrs (104 Salaries)
₹ 3,10,710/year

(₹1.5L/yr - ₹5.6L/yr)

Back Office Executive

Experience: 0 - 9 yrs (81 Salaries)
₹ 2,59,282/year

(₹1.5L/yr - ₹4.5L/yr)

Service Operations Manager

Experience: 3 - 15 yrs (74 Salaries)
₹ 12,79,857/year

(₹5.5L/yr - ₹20.9L/yr)

Business Development Executive

Experience: 1 - 8 yrs (72 Salaries)
₹ 2,62,964/year

(₹1.1L/yr - ₹3.3L/yr)

Last Updated: 4 Oct, 2023

IDBI Bank Salary FAQs

How much does IDBI Bank pay per year?
The average IDBI Bank salary ranges from approximately ₹0.9 Lakhs per year for a Finance Executive to ₹35.2 Lakhs per year for a Senior Regional Head. Salary estimates are based on 6k IDBI Bank salaries received from various employees of IDBI Bank. IDBI Bank employees rate the overall salary and benefits package 3.7/5 stars.
What is the highest salary in IDBI Bank?
The highest-paying job at IDBI Bank is a Senior Regional Head with a salary of ₹35.2 Lakhs per year. The top 10% of employees earn more than ₹22.55 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
What is the minimum salary in IDBI Bank?
Minimum salary at IDBI Bank depends on the role you are applying for. For Sales Executive the minimum salary is ₹2.4 Lakhs per year, for Back Office Executive the minimum salary is ₹2.6 Lakhs per year and so on.
What is the salary package for freshers in IDBI Bank?
The average salary at IDBI Bank for freshers varies from ₹1.8 Lakhs per year for Intern to ₹9.6 Lakhs per year for Assistant Manager. View Fresher Salaries at IDBI Bank
What is the notice period at IDBI Bank?
According to AmbitionBox, 52% of the IDBI Bank employees reported a notice period of 3 Months, 19% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 3.7k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at IDBI Bank

Branch Manager in Mumbai

Full Time

 · 

Other Department

1.0
posted on 11 Sep 2023

4.0 for Salary and Benefits

Likes

Salary & employees monetary benefits due to IBA membership

Dislikes

Unfair promotions practice, Impotent Supervisors in Retail Banking, Egoistic people in Mid Management, God Father culture, No career growth, Non posting of required employees in branches etc.,

Work Details

Work timings: Strict Timings

Credit Relationship Manager in Mumbai

Full Time

 · 

Banking Operations Department

2.0
posted on 04 Jul 2023

5.0 for Salary and Benefits

Likes

Salary and perks are very competitive. System is better than many PSU, though there is unnecessary and daily MIS nuisance which actually does not have base.

Dislikes

If u perform well, u will be rewarded with more work, not salary. Many will prove that they are worthless and their work will be passed on to those who work hard. Even if u complete ur work on time, u can't leave office on time. U need to stay till 9 PM. U can't expect a healthy family life in this bank. Excessive work pressure, worst promotion policy. Very high attrition of new employees resulting in acute shortage of staffs in business vertical. Decision making is super slow, unnecessarily prepares notes with focus on grammar and English. Its basically a transgender bank where whenever u need any benefit of psu bank, u will be told that's it's a pvt Bank, but the transfer policy and other regulatory guidelines are followed like psu banks.

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This is a desk job.

Credit Manager in Ahmedabad, Gujarat

Full Time

 · 

Lending Department

4.0
posted on 07 Apr 2023

4.0 for Salary and Benefits

Likes

Salary is good at initial levels. Job Security. Work Pressure is manageable. When required one can avail leaves without much hassle. Other off the Salary Slip component is good.

Dislikes

Methodology for assessing the Variable Pay is area where improvement is required. Policy wise the bank is conservative but management has it own take on it. But this makes the bank less competitive.

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Work related travel: This job involves Travel Within Country.

Executive in All Over India

Contractual

 · 

Banking Operations Department

4.0
posted on 26 Mar 2023

4.0 for Salary and Benefits

Likes

Salary is good..But work will be more..We have to do multiple works at a time.. I D B I bank will give very good exposure to its employees towards various banking products... Good promotional policies also This job will improve our banking skills , sales skills and overall as a person we will develop to become a complete banker. But as an employee we should have patience. Most of the new joinees will leave their job within 3-4 months...This should not happen. Executives can attend Asst Manager promotional exam after completing 3 years of service.

Dislikes

Nothing.

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This is a desk job.

Customer Service Associate

Full Time

 · 

5.0
posted on 30 Oct 2022

1.0 for Salary and Benefits

Likes

I am working for idbi Intech for last 4 years as a Phone Banking Officer . I have learn all banking products or how to talk to customer or develop communication skills or lots of things I have learn & this is not counted for money because If you have learn banking knowledge then no one can bit you & also your educate to another person .

Dislikes

salary not increment . if you need to comfort zone & lots of family or work life balance then only you can join but if you need money or promotion or Dreams so please don't join .

Work Details

Work timings: Flexible Timings

Work related travel: This is a desk job.

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Tell us how to improve this page.

Average annual salary in IDBI Bank is INR 12.1 lakhs . Salary estimates are based on 6k IDBI Bank latest salaries received from various employees of IDBI Bank.