IDBI Bank Nagpur Business Development Associate Salaries by 3 Employees (Updated 2024)

3 - 5 years exp.

₹3.2 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Business Development Associate Salary in Banking Companies for 3 - 5 years of experience

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Last Updated: 12 Nov 2024

Companies similar to IDBI Bank for Business Development Associate in Nagpur

IDBI Bank Business Development Associate Salary

3 - 5 years exp. (3 salaries)

₹3.2 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
PhonePe Business Development Associate Salary 2 - 6 years exp. (10 salaries)	₹3.2 L/yr - ₹4.2 L/yr 7% more
OPULENCE ORGANISATION Business Development Associate Salary 1 - 2 years exp. (7 salaries)	₹3.2 L/yr - ₹3.5 L/yr 3% less
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Icad School Of Learning Business Development Associate Salary 2 - 9 years exp. (3 salaries)	₹4.4 L/yr - ₹6 L/yr 38% more
Star Union Dai-ichi Life Insurance Business Development Associate Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.4 L/yr At par
Milaap Social Ventures Business Development Associate Salary 4 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 11% more

Business Development Associate salary at IDBI Bank ranges between ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Business Development Associate salaries in Nagpur

Last Updated: 12 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for IDBI Bank

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...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is 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.

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Good work environment and culture.teammates are supportive they give good sallary hike and bonus every year

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

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4.0

• posted on 04 Jan 2022

3.0

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Good work environment and culture.company policies are good.

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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

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5.0

• posted on 14 Jul 2021

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for Salary and Benefits

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...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.

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.

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

Dislikes

Nothing to say dislike about idbi bank.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDBI Bank Business Development Associate Salary FAQs

What is the notice period for Business Development Associate at IDBI Bank in Nagpur?

According to AmbitionBox, 100% of the IDBI Bank Business Development Associates in Nagpur reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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IDBI Bank Business Development Associate Salaries in Nagpur

IDBI Bank Business Development Associate salary in Nagpur ranges between ₹3.2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IDBI Bank latest salaries received from various employees of IDBI Bank.