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IDBI Bank Area Credit Manager salaries in India

Annual salary range
1 - 15 years exp.
₹10 Lakhs - ₹20.1 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.
Salary of majority employees
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28% more than the average Area Credit Manager Salary in Banking Companies for 1 - 15 years of experience

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Last Updated: 4 May 2024

Companies similar to IDBI Bank for Area Credit Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Area Credit Manager Salary

5 - 18 years exp. (226 salaries)

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₹7.2 L/yr - ₹30 L/yr

arrow icon 17% more
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ICICI Bank Area Credit Manager Salary

2 - 14 years exp. (366 salaries)

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₹5.4 L/yr - ₹19.4 L/yr

arrow icon 14% less
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Axis Bank Area Credit Manager Salary

6 - 14 years exp. (303 salaries)

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₹6.5 L/yr - ₹23 L/yr

arrow icon 4% less
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Kotak Mahindra Bank Area Credit Manager Salary

6 - 12 years exp. (72 salaries)

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₹6.5 L/yr - ₹23.6 L/yr

arrow icon 3% less
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IndusInd Bank Area Credit Manager Salary

5 - 16 years exp. (152 salaries)

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₹5.5 L/yr - ₹18 L/yr

arrow icon 20% less
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Yes Bank Area Credit Manager Salary

5 - 14 years exp. (44 salaries)

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₹9 L/yr - ₹19.7 L/yr

arrow icon 1% less
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IDFC FIRST Bank Area Credit Manager Salary

5 - 17 years exp. (84 salaries)

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₹8.2 L/yr - ₹21.5 L/yr

arrow icon 8% less
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₹5.7 L/yr - ₹14 L/yr

arrow icon 31% less
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₹9.2 L/yr - ₹19.3 L/yr

arrow icon 2% more
1 job opening
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₹6.8 L/yr - ₹13 L/yr

arrow icon 33% less
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₹6.6 L/yr - ₹21 L/yr

arrow icon 18% less
1 job opening
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Standard Chartered Area Credit Manager Salary

5 - 10 years exp. (5 salaries)

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₹8.2 L/yr - ₹28.5 L/yr

arrow icon 9% more
Area Credit Manager salary at IDBI Bank ranges between ₹10 Lakhs to ₹20.1 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Area Credit Manager

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1 year exp.
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11 years exp.
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11 years exp.
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15 years exp.

Experience wise IDBI Bank Area Credit Manager salaries

Last Updated: 4 May 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr
11 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
15+ years (AmbitionBox Estimate)

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₹18.1 L/yr - ₹23.1 L/yr

Similar Designation salaries in IDBI Bank

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₹8 L/yr - ₹11 L/yr
Credit Manager Salary
(107 salaries)
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₹8.5 L/yr - ₹28.85 L/yr
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₹15.5 L/yr - ₹23 L/yr
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₹10 L/yr - ₹16 L/yr
Branch Manager Salary
(61 salaries)
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₹10 L/yr - ₹32 L/yr
Sales Manager Salary
(58 salaries)
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₹1.7 L/yr - ₹5.6 L/yr
Credit Officer Salary
(16 salaries)
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₹7 L/yr - ₹18 L/yr
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₹7.09 L/yr - ₹23 L/yr
Deputy Manager Salary
(7 salaries)
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₹2.5 L/yr - ₹9 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

Salary related reviews for IDBI Bank

Full Time

 · 

BFSI, Investments & Trading 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.

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
  •  posted 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

 · 

Finance & Accounting Department

4.0
  •  posted on 01 Oct 2022

3.0
 for  Salary and Benefits

Likes

There is a lot of learning here. The more you work the more work you get to do. Salary is comparitively better than some public sector banks

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Its in transition phase of converting from piblic to private. So alot of changes in working style and people especially seniors (who actually prepare those new rules) couldnot follow. Work life balance is low. Long working hours. More selling of LICs than actual banking

read more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted 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
  •  posted 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
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IDBI Bank Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at IDBI Bank ?
The average salary of a Area Credit Manager at IDBI Bank in India typically ranges from ₹10.0 Lakhs to ₹20.1 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Area Credit Manager at IDBI Bank earn more than ₹20.1 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Area Credit Manager 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 4 IDBI Bank employees in India.
What is the estimated take home salary of a Area Credit Manager at IDBI Bank in India?
The estimated take-home salary of a Area Credit Manager at IDBI Bank in India typically ranges from ₹1,04,413 to ₹1,07,276 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹20.1 Lakhs per year for employees with experience ranging from 1 year to 15 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 IDBI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IDBI Bank for Area Credit Manager in India?
HDFC Bank ₹7.2 Lakhs to ₹30.0 Lakhs per year
Standard Chartered ₹8.2 Lakhs to ₹28.5 Lakhs per year
Ujjivan Small Finance Bank ₹9.2 Lakhs to ₹19.3 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 Area Credit Manager in companies similar to IDBI Bank in India?
The salary of a Area Credit Manager at companies similar to IDBI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank ₹9.0 Lakhs to ₹19.7 Lakhs per year
Kotak Mahindra Bank ₹6.5 Lakhs to ₹23.6 Lakhs per year
Axis Bank ₹6.5 Lakhs to ₹23.0 Lakhs per year
IDFC FIRST Bank ₹8.2 Lakhs to ₹21.5 Lakhs per year
ICICI Bank ₹5.4 Lakhs to ₹19.4 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 Area Credit Manager at IDBI Bank in India?
The salary growth for a Area Credit Manager at IDBI Bank depends on factors such as experience, performance, and promotions. On average, a Area Credit Manager can expect the following growth trajectory at IDBI Bank:

Experience Average Salary Range
1 year ₹9.5 Lakhs to ₹12.1 Lakhs per year
11 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
15 years ₹18.1 Lakhs to ₹23.1 Lakhs per year
and so on.

Tell us how to improve this page.

IDBI Bank Area Credit Manager salary in India ranges between ₹10 Lakhs to ₹20.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IDBI Bank latest salaries received from various employees of IDBI Bank.