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IDBI Bank Business Development Manager salaries in India

Annual salary range
4 - 9 years exp.
₹2 Lakhs - ₹4.2 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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56% less than the average Business Development Manager Salary in Banking Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
4 - 9 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.6 L/yr

Finance & Accounting
Business Development Manager Salary
5 - 7 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹4.2 L/yr

Last Updated: 8 Feb 2024

Companies similar to IDBI Bank for Business Development Manager

Company name Avg Annual Salary Open Jobs
Logo
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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 14% more
17 job openings
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₹3.5 L/yr - ₹11.6 L/yr

arrow icon 146% more
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₹1.9 L/yr - ₹9.2 L/yr

arrow icon 74% more
3 job openings
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₹2.1 L/yr - ₹5 L/yr

arrow icon 7% less
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₹2.5 L/yr - ₹7 L/yr

arrow icon 10% more
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Yes Bank Business Development Manager Salary

3 - 6 years exp. (12 salaries)

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₹3.5 L/yr - ₹10 L/yr

arrow icon 64% more
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₹3 L/yr - ₹5.5 L/yr

arrow icon 15% more
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Barclays Business Development Manager Salary

1 - 11 years exp. (4 salaries)

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₹7.5 L/yr - ₹17 L/yr

arrow icon 213% more
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₹3.5 L/yr - ₹4 L/yr

arrow icon 12% more
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₹8 L/yr - ₹57.8 L/yr

arrow icon 836% more
Logo
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₹2.7 L/yr - ₹7 L/yr

arrow icon 66% more
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₹11 L/yr - ₹13.3 L/yr

arrow icon 278% more
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₹5 L/yr - ₹13 L/yr

arrow icon 131% more
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₹5 L/yr - ₹10 L/yr

arrow icon 141% more
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₹2.4 L/yr - ₹4 L/yr

arrow icon 5% less
Business Development Manager salary at IDBI Bank ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 4 years 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 Business Development Manager

11mo ago
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9 years exp.
1y ago
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7 years exp.
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5 years exp.
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4 years exp.

Experience wise IDBI Bank Business Development Manager salaries

Last Updated: 8 Feb 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
View all

Similar Designation salaries in IDBI Bank

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₹6.7 L/yr - ₹8.5 L/yr
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₹3 L/yr - ₹3.6 L/yr
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₹1.15 L/yr - ₹3.6 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹17.6 L/yr - ₹22.5 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
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₹2.5 L/yr - ₹3.5 L/yr
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₹2.15 L/yr - ₹3.5 L/yr
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₹5.67 L/yr - ₹10 L/yr
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₹3 L/yr - ₹6.5 L/yr
Deputy Manager Salary
(7 salaries)
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₹2.5 L/yr - ₹9 L/yr

Salary related reviews for IDBI Bank

4.7

Rated by 4 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

 · 

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

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.

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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

read more
  • Job security - Poor
  • +1 more

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.

read more
  • 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.

read more
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IDBI Bank Business Development Manager Salary FAQs

What is the salary of Business Development Manager at IDBI Bank ?
The average salary of a Business Development Manager at IDBI Bank in India typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Business Development Manager at IDBI Bank earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Business Development 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 Business Development Manager at IDBI Bank in India?
The estimated take-home salary of a Business Development Manager at IDBI Bank in India typically ranges from ₹24,021 to ₹25,474 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 4 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 Manager in India?
NatWest Group ₹8.0 Lakhs to ₹57.8 Lakhs per year
Federal Bank ₹11.0 Lakhs to ₹13.3 Lakhs per year
Barclays ₹7.5 Lakhs to ₹17.0 Lakhs per year
Standard Chartered ₹3.5 Lakhs to ₹11.6 Lakhs per year
Bank of India ₹5.0 Lakhs to ₹10.0 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 Business Development Manager in companies similar to IDBI Bank in India?
The salary of a Business Development 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 Maharashtra ₹5.0 Lakhs to ₹13.0 Lakhs per year
Equitas Small Finance Bank ₹1.9 Lakhs to ₹9.2 Lakhs per year
Canara Bank ₹2.7 Lakhs to ₹7.0 Lakhs per year
Yes Bank ₹3.5 Lakhs to ₹10.0 Lakhs per year
AU Small Finance Bank ₹3.0 Lakhs to ₹5.5 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 Manager at IDBI Bank in India?
The salary growth for a Business Development Manager at IDBI Bank depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at IDBI Bank:

Experience Average Salary Range
4 years ₹2.0 Lakhs to ₹5.7 Lakhs per year
5 years ₹2.4 Lakhs to ₹5.8 Lakhs per year
6 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
7 years ₹1.3 Lakhs to ₹4.2 Lakhs per year
and so on.

Tell us how to improve this page.

IDBI Bank Business Development Manager salary in India ranges between ₹2 Lakhs to ₹4.2 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.