IDBI Bank Area Sales Manager Salaries by 5 Employees

0 - 11 years exp.

₹5.7 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Area Sales Manager Salary in Banking Companies for 0 - 11 years of experience

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Last Updated: 15 Mar 2023

Companies similar to IDBI Bank for Area Sales Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Area Sales Manager Salary 5 - 13 years exp. (10 salaries)	₹5.5 L/yr - ₹12.2 L/yr 6% more
HDFC Bank Area Sales Manager Salary 8 - 20 years exp. (314 salaries)	₹7.4 L/yr - ₹24 L/yr 77% more
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ICICI Bank Area Sales Manager Salary 2 - 13 years exp. (98 salaries)	₹3.1 L/yr - ₹13.4 L/yr 9% less
Axis Bank Area Sales Manager Salary 6 - 21 years exp. (735 salaries)	₹6.7 L/yr - ₹23 L/yr 66% more	2 job openings
Punjab National Bank Area Sales Manager Salary 5 - 20 years exp. (4 salaries)	₹8 L/yr - ₹10 L/yr 4% more
Bank of Baroda Area Sales Manager Salary 7 - 14 years exp. (4 salaries)	₹6 L/yr - ₹10.2 L/yr 7% more
Kotak Mahindra Bank Area Sales Manager Salary 6 - 16 years exp. (237 salaries)	₹5.5 L/yr - ₹23 L/yr 51% more
IndusInd Bank Area Sales Manager Salary 4 - 18 years exp. (1k salaries)	₹5 L/yr - ₹17 L/yr 26% more
Yes Bank Area Sales Manager Salary 8 - 17 years exp. (223 salaries)	₹6 L/yr - ₹21.5 L/yr 58% more	1 job opening
IDFC FIRST Bank Area Sales Manager Salary 5 - 17 years exp. (229 salaries)	₹6.1 L/yr - ₹23 L/yr 63% more
AU Small Finance Bank Area Sales Manager Salary 6 - 15 years exp. (117 salaries)	₹5.1 L/yr - ₹17 L/yr 21% more
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Jana Small Finance Bank Area Sales Manager Salary 4 - 16 years exp. (69 salaries)	₹2.6 L/yr - ₹12.1 L/yr 17% less
Standard Chartered Area Sales Manager Salary 7 - 16 years exp. (25 salaries)	₹8.7 L/yr - ₹24 L/yr 57% more
Equitas Small Finance Bank Area Sales Manager Salary 5 - 20 years exp. (24 salaries)	₹7.2 L/yr - ₹20.6 L/yr 54% more	1 job opening
Ujjivan Small Finance Bank Area Sales Manager Salary 6 - 18 years exp. (24 salaries)	₹7 L/yr - ₹22.3 L/yr 72% more	1 job opening
Deutsche Bank Area Sales Manager Salary 7 - 16 years exp. (12 salaries)	₹11.3 L/yr - ₹17 L/yr 68% more	1 job opening
Federal Bank Area Sales Manager Salary 9 - 18 years exp. (9 salaries)	₹7 L/yr - ₹14 L/yr 11% more
Barclays Area Sales Manager Salary 0 - 11 years exp. (3 salaries)	₹8 L/yr - ₹24 L/yr 54% more

Area Sales Manager salary at IDBI Bank ranges between ₹5.7 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 5 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Area Sales Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹10 L/yr - ₹20.9 L/yr
1 year (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
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2 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
4 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
5 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹15.1 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹13.1 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
11 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹10.2 L/yr

View all

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Salary related reviews for IDBI Bank

4.4

Rated by 2 employees for salary & benefits

Branch Manager in Mumbai

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.,

Skill development - Bad

+5 more

Relationship Manager in Pune

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.

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.

Work-life balance - Poor

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 Officer in Mumbai

Finance & Accounting Department

5.0

• posted on 14 Jul 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary 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. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

see more salary related reviews

Discover interview dos and don'ts from real experiences

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 Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at IDBI Bank ?

The average salary of a Area Sales Manager at IDBI Bank in India typically ranges from ₹5.7 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Area Sales Manager at IDBI Bank earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Area Sales 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 5 IDBI Bank employees in India.

What is the estimated take home salary of a Area Sales Manager at IDBI Bank in India?

The estimated take-home salary of a Area Sales Manager at IDBI Bank in India typically ranges from ₹63,272 to ₹64,881 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 11 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 5 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 Sales Manager in India?

HDFC Bank	₹7.4 Lakhs to ₹24.0 Lakhs per year
Ujjivan Small Finance Bank	₹7.0 Lakhs to ₹22.3 Lakhs per year
Deutsche Bank	₹11.3 Lakhs to ₹17.0 Lakhs per year
Axis Bank	₹6.7 Lakhs to ₹23.0 Lakhs per year
IDFC FIRST Bank	₹6.1 Lakhs to ₹23.0 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 Sales Manager in companies similar to IDBI Bank in India?

The salary of a Area Sales 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	₹6.0 Lakhs to ₹21.5 Lakhs per year
Standard Chartered	₹8.7 Lakhs to ₹24.0 Lakhs per year
Barclays	₹8.0 Lakhs to ₹24.0 Lakhs per year
Equitas Small Finance Bank	₹7.2 Lakhs to ₹20.6 Lakhs per year
Kotak Mahindra Bank	₹5.5 Lakhs to ₹23.0 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 Area Sales Manager at IDBI Bank in India?

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

Experience	Average Salary Range
Fresher	₹10.0 Lakhs to ₹20.9 Lakhs per year
1 year	₹10.0 Lakhs to ₹12.7 Lakhs per year
2 years	₹9.5 Lakhs to ₹12.1 Lakhs per year
3 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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IDBI Bank Area Sales Manager Salaries

IDBI Bank Area Sales Manager salary in India ranges between ₹5.7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IDBI Bank latest salaries received from various employees of IDBI Bank.