IDBI Bank Branch Sales Executive Salaries by 6 Employees

1 - 4 years exp.

₹2.4 Lakhs - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

10% more than the average Branch Sales Executive Salary in Banking Companies for 1 - 4 years of experience

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Salaries in different departments

Sales & Business Development Branch Sales Executive Salary 2 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr
BFSI, Investments & Trading Branch Sales Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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Customer Success, Service & Operations Branch Sales Executive Salary 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr
Marketing & Communication Branch Sales Executive Salary 3 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Last Updated: 31 Jan 2024

Companies similar to IDBI Bank for Branch Sales Executive

Company name	Avg Annual Salary	Open Jobs
State Bank of India Branch Sales Executive Salary 0 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹1.7 L/yr 35% less
HDFC Bank Branch Sales Executive Salary 0 - 5 years exp. (20 salaries)	₹1.3 L/yr - ₹3.8 L/yr At par
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ICICI Bank Branch Sales Executive Salary 1 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹3 L/yr 9% less
Axis Bank Branch Sales Executive Salary 0 - 2 years exp. (7 salaries)	₹1.2 L/yr - ₹3.5 L/yr 14% less
Jana Small Finance Bank Branch Sales Executive Salary 1 - 7 years exp. (3 salaries)	₹2.6 L/yr - ₹3.5 L/yr 19% more

Branch Sales Executive salary at IDBI Bank ranges between ₹2.4 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Branch Sales Executive salaries

Last Updated: 31 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.8 L/yr

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Salary related reviews for IDBI Bank

Branch Head in Jabalpur

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.

Skill development - Poor

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

see more salary related reviews

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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 Branch Sales Executive Salary FAQs

What is the salary of Branch Sales Executive at IDBI Bank ?

The average salary of a Branch Sales Executive at IDBI Bank in India typically ranges from ₹2.4 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Branch Sales Executive at IDBI Bank earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Branch Sales Executive 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 6 IDBI Bank employees in India.

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

The estimated take-home salary of a Branch Sales Executive at IDBI Bank in India typically ranges from ₹17,734 to ₹19,431 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 1 year to 4 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 6 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 Sales Executive in India?

Jana Small Finance Bank

₹2.6 Lakhs to ₹3.5 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 Sales Executive in companies similar to IDBI Bank in India?

The salary of a Branch Sales Executive at companies similar to IDBI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹1.3 Lakhs to ₹3.8 Lakhs per year
ICICI Bank	₹1.5 Lakhs to ₹3.0 Lakhs per year
Axis Bank	₹1.2 Lakhs to ₹3.5 Lakhs per year
State Bank of India	₹1.5 Lakhs to ₹1.7 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 Sales Executive at IDBI Bank in India?

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

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹2.4 Lakhs per year
2 years	₹1.0 Lakhs to ₹2.5 Lakhs per year
3 years	₹2.5 Lakhs to ₹2.7 Lakhs per year
4 years	₹1.1 Lakhs to ₹2.8 Lakhs per year

and so on.

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IDBI Bank Branch Sales Executive Salaries

IDBI Bank Branch Sales Executive salary in India ranges between ₹2.4 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDBI Bank latest salaries received from various employees of IDBI Bank.