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IDBI Bank Bank Manager salaries in Mumbai (Updated 2025)

Annual salary range
11 - 13 years exp.
₹18.8 Lakhs - ₹24 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Monthly In-hand Salary

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Last Updated: 14 Jan 2025

Companies similar to IDBI Bank for Bank Manager in Mumbai

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IDBI Bank Bank Manager Salary

11 - 13 years exp. (AmbitionBox Estimate)

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₹18.8 L/yr - ₹24 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IndusInd Bank Bank Manager Salary

3 - 15 years exp. (5 salaries)

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₹4.4 L/yr - ₹7.4 L/yr

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Kotak Mahindra Bank Bank Manager Salary

3 - 11 years exp. (5 salaries)

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₹3.1 L/yr - ₹7.1 L/yr

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Union Bank of India Bank Manager Salary

3 - 7 years exp. (3 salaries)

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₹10.1 L/yr - ₹18.9 L/yr

arrow icon 37% less
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ICICI Bank Bank Manager Salary

1 - 15 years exp. (12 salaries)

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₹4.7 L/yr - ₹11 L/yr

arrow icon 65% less
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Axis Bank Bank Manager Salary

3 - 19 years exp. (8 salaries)

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₹5.7 L/yr - ₹14.6 L/yr

arrow icon 53% less

Similar Designation Salaries at IDBI Bank

Similar Designation Avg. annual salary
Branch Head Salary
(17 salaries)
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₹14.5 L/yr - ₹32 L/yr

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₹14 L/yr - ₹28.9 L/yr

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₹12 L/yr - ₹28 L/yr

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₹1.5 L/yr - ₹3.5 L/yr

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for IDBI Bank

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 10 Jan 2025

4.0
 for  Salary and Benefits

Likes

Overall it good company on the basis of salary structure

  • Salary - Good
  • +1 more

Dislikes

There is no appreciation after certain job periods specifically even more than 15 years of experience you will not get the position as per peer group company.

read more
  • Skill development - Poor

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated 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.

read more
  • Salary - Good
  • +1 more

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.

read more
  • Promotions - Poor

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 11 Sep 2023

4.0
 for  Salary and Benefits

Likes

Salary & employees monetary benefits due to IBA membership

  • Salary - Good

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.,

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  updated on 20 Apr 2022

3.0
 for  Salary and Benefits

Likes

...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is good.

read more
  • Company culture - Good

Dislikes

Retail branch banking Work pressure, multi-tasking apart from ur job profile. No value addition. Very slow career growth and monotonous job, job rotation periodicity is very large. You will get leaves after too much hardship until it is for some emergency. Review meetings are organised after working hours and frequent commitments and u have to bring figures on every login day. Seniors cannot keep away from using unofficial language if u don't perform in business and Continuous follow up will just keep u on pressure. No mental peace and satisfaction at all in branch banking in metros. If u don't perform, either u r thrown out to rural branches or compelled to resign. If u r excellent in selling insurance policy, then this is the best place to work. Promotions in higher grades are preferably available to staff posted in regional and zonal offices and hardly any branch banking staff is chosen.

read more
  • Work-life balance - Poor

Full Time

 · 

Finance & Accounting Department

4.0
  •  updated on 13 Aug 2022

5.0
 for  Salary and Benefits

Likes

...portunity to learn depending on your open minded attitude for new learnings. 2. Good pay master as per Industry Standards.

read more
  • Salary - Excellent
  • +1 more

Dislikes

1. Promotion policy is traditional and non transperent. 2. Transfer policy is not transperent. You may be transferred without any consent anytime and anywhere. 3. Work experience not given weightage and may be posted anywhere without matching your skill sets.

read more
  • Promotions - Poor
see more salary related reviews

IDBI Bank Bank Manager Salary FAQs

How the salary growth look like for a Bank Manager at IDBI Bank in Mumbai?
The salary growth for a Bank Manager at IDBI Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Bank Manager in Mumbai can expect the following growth trajectory at IDBI Bank:

Experience Average Salary Range
11 years ₹18.8 Lakhs to ₹23.7 Lakhs per year
12 years ₹18.8 Lakhs to ₹24.0 Lakhs per year
13 years ₹19.1 Lakhs to ₹24.0 Lakhs per year
and so on.

Tell us how to improve this page.

IDBI Bank Bank Manager salary in Mumbai ranges between ₹18.8 Lakhs to ₹24 Lakhs. This is an estimate based on latest salaries received from employees of IDBI Bank.