Idbi Asset Management Mumbai Sales & Business Development Salaries by 3 Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Senior Vice President 18 - 19 years exp. · Mumbai (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
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Assistant Sales Manager 6 years exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Confused about Salary negotiations

CTC - 8 LPA Loc - Bengaluru, India I have been working in the same company for the last 5 years. My salary went from 3.6 LPA to 8 LPA over the years. I recently put papers, and, started giving interviews. I got an offer from TCS for 15 LPA(12.8 fixed). For more than a month, I've been giving interviews, asking for 18 LPA and many HRs are rejecting straight away, citing it is more than 100% hike from my current CTC. I kept trying and now I am selected for 5 companies - Iris Software, Capgemini, Quantzig Analytics, PwC, HCL, Infinite. Salary discussions are about to start and I'm confused. I'm not good at this. Can anyone suggest?

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Salary related reviews for Idbi Asset Management

3.0

Rated by 1 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 11 Jun 2023

1.0

for Salary and Benefits

Likes

The people, except for the Management, are really helpful.

Dislikes

...le there can ever be. The MD ( Raj Kishore Singh) never cared for the employees. No increment, no bonus nothing. He just rejected anything which was to be done in favour of employees. Marketing head Ajit Goswami is the worst of human there can ever be. He never really did anything. The Equity Fund manager Alok Ranjan (another idiot) was a relative of the MD and hence behaved as if employees are his servants. I am so glad that the organization is getting closed. I just hope some regulatory body or for that matter IDBI Bank, takes a note of this and takes action against the nincompoops running the AMC.

Salary - Bad

+6 more

Manager in Cuffe Parade

Information Technology Department

5.0

• posted on 24 Sep 2021

3.0

for Salary and Benefits

Likes

The best part of working at the organization is the work culture.

Company culture - Good

Dislikes

The company does not impart any training, the job security is there but no career growth. I have seen only 1 promotion is the 10 years with the company.

Promotions - Poor

+1 more

Probationary Officer in Mumbai

Finance & Accounting Department

3.0

• posted on 07 Dec 2020

3.0

for Salary and Benefits

Likes

In terms of job security, they supported the employees in best possible way, But in terms of operations it was not so great, employees were made to report to office, no provision of transport was made by the company so on our own and worst part was work from home was possible even then they made employees come which was bad.

Job security - Excellent

+1 more

Dislikes

No comments

Promotions - Poor

HR Manager

Finance & Accounting Department

1.0

• posted on 28 Mar 2018

1.0

for Salary and Benefits

Likes

Food is free and Saturday Sunday holiday in head office

Dislikes

Management thinks they can do anything and treat people like dogs. Insulting, abusing and shouting. Place is like a jail and employees are treated like criminals

Salary - Bad

+6 more

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Know more about Idbi Asset Management Mumbai

Idbi Asset Management Salary FAQs

How much does Idbi Asset Management pay per year?

The average Idbi Asset Management salary ranges from approximately ₹2.1 Lakhs to ₹4 Lakhs per year for a Support Staff and ₹4.4 Lakhs to ₹9 Lakhs per year for a Deputy Manager. Salary estimates are based on 3 Idbi Asset Management salaries received from various employees of Idbi Asset Management. Idbi Asset Management employees rate the overall salary and benefits package 3.0/5 stars.

What is the highest salary in Idbi Asset Management?

The highest-paying job at Idbi Asset Management is a Deputy Manager with a salary of ₹4.4 Lakhs to ₹9 Lakhs per year. The top 10% of employees earn more than ₹22 lakhs per year. The top 1% earn more than a whopping ₹60 lakhs per year.

What is the minimum salary in Idbi Asset Management?

Minimum salary at Idbi Asset Management depends on the role you are applying for. For Support Staff the minimum salary is ₹2.1 Lakhs to ₹4 Lakhs per year, and for Customer Service Executive the minimum salary is ₹2 Lakhs to ₹3.3 Lakhs per year and so on.

What is the notice period at Idbi Asset Management in Sales & Business Development Department in Mumbai?

According to AmbitionBox, 67% of the Idbi Asset Management employees in Sales & Business Development Department in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Average annual salary in Sales & Business Development department at Idbi Asset Management , Mumbai is INR . Salary estimates are based on 3 Idbi Asset Management latest salaries received from various employees of Idbi Asset Management.