IDBI Bank Business Development Associate Salaries by 4 Employees (Updated 2025)

3 - 9 years exp.

₹3 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Business Development Associate Salary in Banking Companies for 3 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Development Associate Salary 3 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr
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Engineering - Hardware & Networks Business Development Associate Salary 9 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 7 Jan 2025

Companies similar to IDBI Bank for Business Development Associate

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Business Development Associate Salary 2 - 7 years exp. (6 salaries)	₹1.7 L/yr - ₹3 L/yr 42% less
IndusInd Bank Business Development Associate Salary 1 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹4.6 L/yr 11% more
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Jana Small Finance Bank Business Development Associate Salary 0 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹4.2 L/yr 14% less
AU Small Finance Bank Business Development Associate Salary 0 - 11 years exp. (3 salaries)	₹3 L/yr - ₹10 L/yr 65% more
BYJU'S Business Development Associate Salary 0 - 6 years exp. (11.4k salaries)	₹3 L/yr - ₹10 L/yr 90% more

Business Development Associate salary at IDBI Bank ranges between ₹3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Business Development Associate salaries

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
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5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr

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Similar Designation salaries in IDBI Bank

Senior Business Development Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Business Development Officer Salary

(43 salaries)

₹1.2 L/yr - ₹3.6 L/yr

Business Development Manager Salary

(4 salaries)

₹2 L/yr - ₹4.2 L/yr

Business Development Executive Salary

(148 salaries)

₹1.15 L/yr - ₹3.6 L/yr

Business Development Representative Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Business Development Executive Salary

(8 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Business Executive Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Business Analyst Salary

(14 salaries)

₹12 L/yr - ₹22 L/yr

Sales Associate Salary

(5 salaries)

₹1.6 L/yr - ₹3.7 L/yr

Inside Sales Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Salary related reviews for IDBI Bank

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.

Sales Executive in Madurai

Finance home loans Department

5.0

• posted on 19 May 2019

4.0

for Salary and Benefits

Likes

...job. But not job security for off role team(sales). Good managers. No politics. Salary is so delay.

Salary - Good

+5 more

Dislikes

Nothing to say dislike about idbi bank.

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 Business Development Associate Salary FAQs

What is the salary of Business Development Associate at IDBI Bank ?

The average salary of a Business Development Associate at IDBI Bank in India typically ranges from ₹3.0 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Business Development Associate at IDBI Bank earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Business Development Associate 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 Business Development Associate at IDBI Bank in India?

The estimated take-home salary of a Business Development Associate at IDBI Bank in India typically ranges from ₹24,365 to ₹25,814 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 3 years 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 Business Development Associate in India?

BYJU'S	₹3.0 Lakhs to ₹10.0 Lakhs per year
AU Small Finance Bank	₹3.0 Lakhs to ₹10.0 Lakhs per year
IndusInd Bank	₹2.7 Lakhs to ₹4.6 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 Business Development Associate in companies similar to IDBI Bank in India?

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

Jana Small Finance Bank	₹2.2 Lakhs to ₹4.2 Lakhs per year
IDFC FIRST Bank	₹1.7 Lakhs to ₹3.0 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 Business Development Associate at IDBI Bank in India?

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

Experience	Average Salary Range
3 years	₹3.6 Lakhs to ₹3.6 Lakhs per year
4 years	₹1.4 Lakhs to ₹3.6 Lakhs per year
5 years	₹1.4 Lakhs to ₹3.6 Lakhs per year
6 years	₹3.0 Lakhs to ₹3.9 Lakhs per year

and so on.

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IDBI Bank Business Development Associate Salaries

IDBI Bank Business Development Associate salary in India ranges between ₹3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDBI Bank latest salaries received from various employees of IDBI Bank.