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IDBI Bank Branch Manager salaries in Mumbai (Updated 2025)

Annual salary range
9 - 16 years exp.
₹12 Lakhs - ₹30 Lakhs
Salary of majority employees
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113% more than the average Branch Manager Salary in Banking Companies for 9 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
11 - 16 years exp. (3 salaries)
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₹12 L/yr - ₹28 L/yr

Finance & Accounting
Branch Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹23 L/yr - ₹30 L/yr

Sales & Business Development
Branch Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹22.5 L/yr - ₹24.8 L/yr

Last Updated: 8 Jan 2025

Companies similar to IDBI Bank for Branch Manager in Mumbai

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IDBI Bank Branch Manager Salary

9 - 16 years exp. (5 salaries)

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₹12 L/yr - ₹30 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Yes Bank Branch Manager Salary

7 - 19 years exp. (83 salaries)

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₹8.3 L/yr - ₹26 L/yr

arrow icon 29% less
3 job openings
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IndusInd Bank Branch Manager Salary

7 - 20 years exp. (77 salaries)

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₹7.6 L/yr - ₹25 L/yr

arrow icon 28% less
15 job openings
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IDFC FIRST Bank Branch Manager Salary

6 - 20 years exp. (54 salaries)

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₹8 L/yr - ₹27.6 L/yr

arrow icon 24% less
4 job openings
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AU Small Finance Bank Branch Manager Salary

5 - 18 years exp. (30 salaries)

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₹7.7 L/yr - ₹22.5 L/yr

arrow icon 41% less
1 job opening
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₹5.8 L/yr - ₹15.9 L/yr

arrow icon 60% less
28 job openings
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Jana Small Finance Bank Branch Manager Salary

8 - 16 years exp. (14 salaries)

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₹6.3 L/yr - ₹13 L/yr

arrow icon 60% less
1 job opening
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Standard Chartered Branch Manager Salary

12 - 17 years exp. (13 salaries)

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₹18 L/yr - ₹46 L/yr

arrow icon 23% more
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Union Bank of India Branch Manager Salary

6 - 11 years exp. (11 salaries)

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₹8 L/yr - ₹22.5 L/yr

arrow icon 19% less
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Bank of India Branch Manager Salary

6 - 12 years exp. (8 salaries)

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₹10 L/yr - ₹18 L/yr

arrow icon 40% less
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Bank of Maharashtra Branch Manager Salary

5 - 10 years exp. (6 salaries)

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₹10 L/yr - ₹16 L/yr

arrow icon 31% less
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Canara Bank Branch Manager Salary

7 - 12 years exp. (3 salaries)

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₹10 L/yr - ₹18.5 L/yr

arrow icon 35% less
Branch Manager salary at IDBI Bank ranges between ₹12 Lakhs to ₹30 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Branch Manager in Mumbai

2mo ago
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9 years exp.
2mo ago
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14 years exp.
1y ago
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12 years exp.

Experience wise IDBI Bank Branch Manager salaries in Mumbai

Last Updated: 8 Jan 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹22.5 L/yr
10 years (AmbitionBox Estimate)

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₹19 L/yr - ₹24.3 L/yr
11 years (AmbitionBox Estimate)

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₹12 L/yr - ₹39 L/yr
12 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹25 L/yr
13 years (AmbitionBox Estimate)

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₹20.5 L/yr - ₹26.2 L/yr
View all
IDBI Bank Branch Manager Salary and Career Growth

From

To

Branch Manager

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9 - 16 years exp.

Senior Regional Head

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18 - 20 years exp.

Branch Manager

9 - 16 years exp.
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Branch Head

8 - 20 years exp.
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arrow icon 19% hike

Assistant General Manager

12 - 20 years exp.
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arrow icon 21% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IDBI Bank

Branch Head Salary
(23 salaries)
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₹14 L/yr - ₹32 L/yr
Credit Manager Salary
(13 salaries)
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₹12 L/yr - ₹28.85 L/yr

Salary related reviews for IDBI Bank

4.0

Rated by 1 employees for salary & benefits

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

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 Jul 2024

4.0
 for  Salary and Benefits

Likes

Young demography. Salary and perks.

  • Salary - Good

Dislikes

You need to beg to avail your casual leave for one day. Frequent change of transfer policy. And very low probability of promotion. Transfer across the country against the request of the employee putting the personal life of employee and their family members in deep trouble. Irrational targets and pressure for third party products leaving no time to work for the core banking business. You have to forget life and do only work.

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 10 Jan 2025

4.0
 for  Salary and Benefits

Likes

Overall it good company on the basis of salary structure

  • Salary - Good
  • +1 more

Dislikes

There is no appreciation after certain job periods specifically even more than 15 years of experience you will not get the position as per peer group company.

read more
  • Skill development - Poor

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

 · 

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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  • 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
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IDBI Bank Branch Manager Salary FAQs

What is the salary of Branch Manager at IDBI Bank in Mumbai?
The average salary of a Branch Manager at IDBI Bank in Mumbai typically ranges from ₹12.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 9 years to 16 years).

The top 10% of Branch Manager in Mumbai at IDBI Bank earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Branch 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 Branch Manager at IDBI Bank in Mumbai?
The estimated take-home salary of a Branch Manager at IDBI Bank in Mumbai typically ranges from ₹1,45,225 to ₹1,50,655 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 9 years to 16 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 Branch Manager in India?
Standard Chartered ₹18.0 Lakhs to ₹46.0 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 Manager in companies similar to IDBI Bank in Mumbai?
The salary of a Branch Manager at companies similar to IDBI Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India ₹8.0 Lakhs to ₹22.5 Lakhs per year
IDFC FIRST Bank ₹8.0 Lakhs to ₹27.6 Lakhs per year
IndusInd Bank ₹7.6 Lakhs to ₹25.0 Lakhs per year
Yes Bank ₹8.3 Lakhs to ₹26.0 Lakhs per year
Bank of Maharashtra ₹10.0 Lakhs to ₹16.0 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 Manager at IDBI Bank in Mumbai?
The salary growth for a Branch Manager at IDBI Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Mumbai can expect the following growth trajectory at IDBI Bank:

Experience Average Salary Range
9 years ₹8.2 Lakhs to ₹22.5 Lakhs per year
10 years ₹19.0 Lakhs to ₹24.3 Lakhs per year
11 years ₹12.0 Lakhs to ₹39.0 Lakhs per year
12 years ₹8.9 Lakhs to ₹25.0 Lakhs per year
and so on.

Tell us how to improve this page.

IDBI Bank Branch Manager salary in Mumbai ranges between ₹12 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IDBI Bank latest salaries received from various employees of IDBI Bank.