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IDBI Bank Branch Credit Manager salaries in India

Annual salary range
0 - 9 years exp.
₹8 Lakhs - ₹11 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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79% more than the average Branch Credit Manager Salary in Banking Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Credit Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹9.5 L/yr

Data Science & Analytics
Branch Credit Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.1 L/yr

Last Updated: 8 Oct 2023

Companies similar to IDBI Bank for Branch Credit Manager

Company name Avg Annual Salary Open Jobs
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₹4.2 L/yr - ₹15 L/yr

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HDFC Bank Branch Credit Manager Salary

2 - 11 years exp. (34 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 23% less
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ICICI Bank Branch Credit Manager Salary

1 - 11 years exp. (379 salaries)

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₹3.4 L/yr - ₹13 L/yr

arrow icon 18% less
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Axis Bank Branch Credit Manager Salary

5 - 12 years exp. (14 salaries)

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₹6.5 L/yr - ₹10.8 L/yr

arrow icon 12% less
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Bank of Baroda Branch Credit Manager Salary

7 - 9 years exp. (4 salaries)

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₹7.5 L/yr - ₹18 L/yr

arrow icon 20% more
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Canara Bank Branch Credit Manager Salary

2 - 15 years exp. (3 salaries)

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₹13 L/yr - ₹26 L/yr

arrow icon 90% more
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₹4.9 L/yr - ₹9.5 L/yr

arrow icon 20% less
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IndusInd Bank Branch Credit Manager Salary

1 - 11 years exp. (169 salaries)

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₹2.6 L/yr - ₹9.5 L/yr

arrow icon 45% less
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Yes Bank Branch Credit Manager Salary

3 - 14 years exp. (17 salaries)

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₹5 L/yr - ₹12 L/yr

arrow icon 5% less
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IDFC FIRST Bank Branch Credit Manager Salary

0 - 12 years exp. (241 salaries)

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₹3 L/yr - ₹8.3 L/yr

arrow icon 45% less
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₹2.1 L/yr - ₹9.8 L/yr

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35 job openings
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₹2.1 L/yr - ₹8.2 L/yr

arrow icon 47% less
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₹3.4 L/yr - ₹8.1 L/yr

arrow icon 32% less
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₹3.9 L/yr - ₹5.1 L/yr

arrow icon 48% less
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₹16 L/yr - ₹18 L/yr

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Federal Bank Branch Credit Manager Salary

3 - 10 years exp. (4 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 19% less
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Bank of India Branch Credit Manager Salary

5 - 12 years exp. (4 salaries)

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₹9 L/yr - ₹10.5 L/yr

At par
Branch Credit Manager salary at IDBI Bank ranges between ₹8 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Branch Credit Manager

1y ago
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8 years exp.
1y ago
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7 years exp.
1y ago
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9 years exp.

Experience wise IDBI Bank Branch Credit Manager salaries

Last Updated: 8 Oct 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
7 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹10.9 L/yr
9 years (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.7 L/yr

Similar Designation salaries in IDBI Bank

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₹10 L/yr - ₹20.1 L/yr
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₹15.5 L/yr - ₹23 L/yr
Branch Manager Salary
(61 salaries)
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₹10 L/yr - ₹32 L/yr
Credit Manager Salary
(107 salaries)
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₹8.5 L/yr - ₹28.85 L/yr
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₹10 L/yr - ₹16 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 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

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 Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at IDBI Bank ?
The average salary of a Branch Credit Manager at IDBI Bank in India typically ranges from ₹8.0 Lakhs to ₹11.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Branch Credit Manager at IDBI Bank earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Branch 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 Branch Credit Manager at IDBI Bank in India?
The estimated take-home salary of a Branch Credit Manager at IDBI Bank in India typically ranges from ₹69,710 to ₹71,502 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 Branch Credit Manager in India?
Canara Bank ₹13.0 Lakhs to ₹26.0 Lakhs per year
Indian Overseas Bank ₹16.0 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda ₹7.5 Lakhs to ₹18.0 Lakhs per year
State Bank of India ₹4.2 Lakhs to ₹15.0 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 Branch Credit Manager in companies similar to IDBI Bank in India?
The salary of a Branch 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:

Bank of India ₹9.0 Lakhs to ₹10.5 Lakhs per year
Yes Bank ₹5.0 Lakhs to ₹12.0 Lakhs per year
Axis Bank ₹6.5 Lakhs to ₹10.8 Lakhs per year
ICICI Bank ₹3.4 Lakhs to ₹13.0 Lakhs per year
Federal Bank ₹4.0 Lakhs to ₹15.0 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 Branch Credit Manager at IDBI Bank in India?
The salary growth for a Branch Credit Manager at IDBI Bank depends on factors such as experience, performance, and promotions. On average, a Branch Credit Manager can expect the following growth trajectory at IDBI Bank:

Experience Average Salary Range
Fresher ₹9.0 Lakhs to ₹11.5 Lakhs per year
7 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
8 years ₹8.6 Lakhs to ₹10.9 Lakhs per year
9 years ₹9.9 Lakhs to ₹12.7 Lakhs per year
and so on.

Tell us how to improve this page.

IDBI Bank Branch Credit Manager salary in India ranges between ₹8 Lakhs to ₹11 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.