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IDBI Bank Assistant Credit Manager salaries in Mumbai

Annual salary range
4 - 8 years exp.
₹10 Lakhs - ₹13.5 Lakhs
Salary of majority employees
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194% more than the average Assistant Credit Manager Salary in Banking Companies for 4 - 8 years of experience

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Last Updated: 19 Jun 2023

Companies similar to IDBI Bank for Assistant Credit Manager in Mumbai

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IDBI Bank Assistant Credit Manager Salary

4 - 8 years exp. (4 salaries)

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₹10 L/yr - ₹13.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Assistant Credit Manager Salary

1 - 3 years exp. (9 salaries)

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₹3.9 L/yr - ₹8 L/yr

arrow icon 57% less
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Axis Bank Assistant Credit Manager Salary

0 - 5 years exp. (4 salaries)

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₹3.2 L/yr - ₹4.4 L/yr

arrow icon 68% less
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₹2.5 L/yr - ₹3.6 L/yr

arrow icon 74% less
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₹3 L/yr - ₹4.3 L/yr

arrow icon 68% less
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₹4 L/yr - ₹6.2 L/yr

arrow icon 63% less
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₹8.8 L/yr - ₹11.8 L/yr

arrow icon 22% less
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₹7.1 L/yr - ₹12 L/yr

arrow icon 36% less
Assistant Credit Manager salary at IDBI Bank ranges between ₹10 Lakhs to ₹13.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Assistant Credit Manager in Mumbai

1y ago
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8 years exp.
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7 years exp.
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4 years exp.
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5 years exp.

Experience wise IDBI Bank Assistant Credit Manager salaries in Mumbai

Last Updated: 19 Jun 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹10 L/yr - ₹21.8 L/yr
5 years (AmbitionBox Estimate)

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₹12.5 L/yr - ₹22.5 L/yr
6 years (AmbitionBox Estimate)

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₹11.6 L/yr - ₹14.8 L/yr
7 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹13.5 L/yr
8 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹24.5 L/yr

Similar Designation salaries in IDBI Bank

Credit Manager Salary
(13 salaries)
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₹8 L/yr - ₹24.75 L/yr
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₹10.05 L/yr - ₹15.01 L/yr
Branch Manager Salary
(5 salaries)
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₹12 L/yr - ₹30 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

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

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

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

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

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

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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.

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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.

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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

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
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IDBI Bank Assistant Credit Manager Salary FAQs

What is the salary of Assistant Credit Manager at IDBI Bank Mumbai?
Assistant Credit Manager salary at IDBI Bank in Mumbai ranges between ₹10.0 Lakhs to ₹13.5 Lakhs for experience between 4 years to 8 years. According to our estimates it is 194% more than the average Assistant Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank Mumbai.
How does the salary of a Assistant Credit Manager at IDBI Bank Mumbai compare with the average salary range for this job?
The average salary of a Assistant Credit Manager at IDBI Bank is 194% more than the average salary of a Assistant Credit Manager in Mumbai. To know exact salary insights, login to view.
What is the salary of a Assistant Credit Manager in companies similar to IDBI Bank in Mumbai?
  • Central Bank of India Assistant Credit Manager Salary - ₹8.8 Lakhs to ₹11.8 Lakhs per year
  • Union Bank of India Assistant Credit Manager Salary - ₹7.1 Lakhs to ₹12.0 Lakhs per year
  • HDFC Bank Assistant Credit Manager Salary - ₹3.9 Lakhs to ₹8.0 Lakhs per year
  • IDFC FIRST Bank Assistant Credit Manager Salary - ₹4.0 Lakhs to ₹6.2 Lakhs per year
  • AU Small Finance Bank Assistant Credit Manager Salary - ₹3.0 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Assistant Credit Manager at IDBI Bank in Mumbai?
The estimated take-home salary of a Assistant Credit Manager at IDBI Bank ranges between ₹91,096 per month to ₹93,493 per month in Mumbai. The take-home salary calculation is based on the average IDBI Bank Assistant Credit Manager salary in India which ranges between ₹10.0 Lakhs to ₹13.5 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Assistant Credit Manager at IDBI Bank in Mumbai?
According to AmbitionBox, 100% of the IDBI Bank Assistant Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

IDBI Bank Assistant Credit Manager salary in Mumbai ranges between ₹10 Lakhs to ₹13.5 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.