IDBI Bank Mumbai AGM Salaries by 20+ Employees (Updated 2025)

12 - 19 years exp.

₹16 Lakhs - ₹31 Lakhs

Salary of majority employees

At par with the average AGM Salary in Banking Companies for 12 - 19 years of experience

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Salaries in different departments

Marketing & Communication AGM Salary 12 - 17 years exp. (4 salaries)	₹20 L/yr - ₹27 L/yr
BFSI, Investments & Trading AGM Salary 15 - 19 years exp. (3 salaries)	₹25.3 L/yr - ₹31 L/yr
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Customer Success, Service & Operations AGM Salary 15 years exp. (AmbitionBox Estimate)	₹23.9 L/yr - ₹25 L/yr
Finance & Accounting AGM Salary 15 years exp. (AmbitionBox Estimate)	₹22 L/yr - ₹26.1 L/yr

Last Updated: 21 Feb 2025

Companies similar to IDBI Bank for AGM in Mumbai

IDBI Bank AGM Salary

12 - 19 years exp. (22 salaries)

₹16 L/yr - ₹31 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India AGM Salary 27 - 31 years exp. (4 salaries)	₹16 L/yr - ₹25 L/yr 17% less
HDFC Bank AGM Salary 13 - 20 years exp. (5 salaries)	₹32 L/yr - ₹70 L/yr 80% more
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ICICI Bank AGM Salary 15 - 26 years exp. (16 salaries)	₹32 L/yr - ₹70 L/yr 122% more
Vodafone Idea AGM Salary 9 - 18 years exp. (39 salaries)	₹10.8 L/yr - ₹28 L/yr 25% less
JSW Steel AGM Salary 14 - 29 years exp. (26 salaries)	₹21 L/yr - ₹33.9 L/yr 7% more

AGM salary at IDBI Bank ranges between ₹16 Lakhs to ₹31 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 22 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank AGM salaries in Mumbai

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
12 years (3 salaries)	₹20 L/yr - ₹27 L/yr
13 years (AmbitionBox Estimate)	₹20 L/yr - ₹44.2 L/yr
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14 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹27 L/yr
15+ years (15 salaries)	₹16 L/yr - ₹31 L/yr

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Sales Executive Salary

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Back Office Executive Salary

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Business Development Officer Salary

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₹8.5 L/yr - ₹13 L/yr

Salary related reviews for IDBI Bank

4.0

Rated by 3 employees for salary & benefits

Sales Executive in Surat

Sales & Marketing Department

5.0

• posted on 20 Jun 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive they give good sallary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow.

Sales Executive in Basirhat

BFSI, Investments & Trading Department

4.0

• posted on 04 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.company policies are good.

Skill development - Excellent

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to new joinees

Job security - Poor

+1 more

Sales Executive in Madurai

Finance home loans Department

5.0

• posted on 19 May 2019

4.0

for Salary and Benefits

Likes

...job. But not job security for off role team(sales). Good managers. No politics. Salary is so delay.

Salary - Good

+5 more

Dislikes

Nothing to say dislike about idbi bank.

Assistant General Manager in Mumbai

Data Science & Analytics Department

3.0

• posted on 21 Aug 2019

3.0

for Salary and Benefits

Likes

Job security, Less pressure than other Private players, Compensation is good as per industry average.

Job security - Excellent

+1 more

Dislikes

IDBI was a PSU when I joined, now afterstake sale to LIC the bank has become private. Bank is suffering due to Big NPA accounts and Promotion opportunities are very scarce.

Promotions - Bad

+2 more

Back Office Assistant in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 18 Jan 2019

2.0

for Salary and Benefits

Likes

There is no opportunities for growth..there is no sufficent salary as per the work.

Skill development - Good

+1 more

Dislikes

... party consultant.they did not give us promotion by our hard work or experince..no salary increments..and other benefits also..

Salary - Poor

+2 more

see more salary related reviews

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What people are saying about IDBI Bank

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDBI Bank AGM Salary FAQs

What is the salary of AGM at IDBI Bank in Mumbai?

The average salary of a AGM at IDBI Bank in Mumbai typically ranges from ₹16.0 Lakhs to ₹31.0 Lakhs per year, depending on experience (from 12 years to 19 years).

The top 10% of AGM in Mumbai at IDBI Bank earn more than ₹28.6 Lakhs per year, and the top 1% earn over ₹31.0 Lakhs per year. AGM Salaries at IDBI Bank 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 20+ IDBI Bank employees in India.

What is the estimated take home salary of a AGM at IDBI Bank in Mumbai?

The estimated take-home salary of a AGM at IDBI Bank in Mumbai typically ranges from ₹1,59,865 to ₹1,65,957 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹31.0 Lakhs per year for employees with experience ranging from 12 years to 19 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 20+ salaries received from various employees of IDBI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDBI Bank for AGM in India?

ICICI Bank	₹32.0 Lakhs to ₹70.0 Lakhs per year
HDFC Bank	₹32.0 Lakhs to ₹70.0 Lakhs per year
JSW Steel	₹21.0 Lakhs to ₹33.9 Lakhs per year

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

What is the salary of a AGM in companies similar to IDBI Bank in Mumbai?

The salary of a AGM at companies similar to IDBI Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Bank of India	₹16.0 Lakhs to ₹25.0 Lakhs per year
Vodafone Idea	₹10.8 Lakhs to ₹28.0 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 AGM at IDBI Bank in Mumbai?

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

Experience	Average Salary Range
12 years	₹20.0 Lakhs to ₹27.0 Lakhs per year
13 years	₹20.0 Lakhs to ₹44.2 Lakhs per year
14 years	₹20.5 Lakhs to ₹27.0 Lakhs per year
15 years	₹16.0 Lakhs to ₹31.0 Lakhs per year

and so on.

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IDBI Bank AGM salary in Mumbai ranges between ₹16 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 IDBI Bank latest salaries received from various employees of IDBI Bank.