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IDBI Bank Salaries in Chennai

based on 262 latest salaries
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BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Data Science & Analytics + 6 more
Designation Avg Annual Salary Open Jobs
10 - 20 years exp. · Chennai (26 salaries)
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₹14.4 L/yr - ₹30 L/yr

2 - 3 years exp. · Chennai (13 salaries)
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₹4.3 L/yr - ₹5 L/yr

4 - 9 years exp. · Chennai (11 salaries)
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₹2 L/yr - ₹3.2 L/yr

2 - 8 years exp. · Chennai (8 salaries)
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₹1.2 L/yr - ₹3 L/yr

Starting your career? Discover IDBI Bank fresher salaries in India
15 - 22 years exp. · Chennai (8 salaries)
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₹18.8 L/yr - ₹31.8 L/yr

2 - 5 years exp. · Chennai (7 salaries)
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₹4.5 L/yr - ₹5 L/yr

1 - 3 years exp. · Chennai (5 salaries)
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₹2 L/yr - ₹2.6 L/yr

6 - 11 years exp. · Chennai (5 salaries)
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₹2.8 L/yr - ₹3.1 L/yr

5 - 8 years exp. · Chennai (4 salaries)
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₹15 L/yr - ₹25 L/yr

8 - 12 years exp. · Chennai (4 salaries)
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₹12 L/yr - ₹16 L/yr

2 - 4 years exp. · Chennai (3 salaries)
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₹1.5 L/yr - ₹3.3 L/yr

17 - 20 years exp. · Chennai (3 salaries)
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₹20 L/yr - ₹26 L/yr

2 - 8 years exp. · Chennai (3 salaries)
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₹2 L/yr - ₹3.5 L/yr

5 - 19 years exp. · Chennai (3 salaries)
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₹12 L/yr - ₹17 L/yr

8 - 14 years exp. · Chennai (3 salaries)
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₹6.6 L/yr - ₹9 L/yr

10 - 12 years exp. · Chennai (3 salaries)
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₹14 L/yr - ₹17 L/yr

0 - 5 years exp. · Chennai (3 salaries)
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₹2.5 L/yr - ₹3.6 L/yr

10 - 14 years exp. · Chennai (3 salaries)
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₹0.6 L/yr - ₹0.8 L/yr

2 - 4 years exp. · Chennai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

1 - 3 years exp. · Chennai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹3.8 L/yr

Last Updated: 22 Dec, 2024

Salary related reviews for IDBI Bank

3.6

Rated by 32 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 01 Oct 2022

3.0
 for  Salary and Benefits

Likes

There is a lot of learning here. The more you work the more work you get to do. Salary is comparitively better than some public sector banks

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Dislikes

Its in transition phase of converting from piblic to private. So alot of changes in working style and people especially seniors (who actually prepare those new rules) couldnot follow. Work life balance is low. Long working hours. More selling of LICs than actual banking

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BFSI, Investments & Trading Department

5.0
  •  posted on 31 Mar 2019

5.0
 for  Salary and Benefits

Likes

...ng generation Bank honoring more delightful customer service to their customers. Salary package is higher compared to the peers. Overall it will be a very good organisation for all the youngsters and for their career development.

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Dislikes

Since it was financial institution earlier. There are huge no bad loans in corporates which leads the Bank in facing huge losses. However, with the youngest team force, Bank will retain it's top position by growing the retail portfolio in a phased manner, moreover before March 2020.

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Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 21 Nov 2024

4.0
 for  Salary and Benefits

Likes

They offer good salary .

Dislikes

Promotion process is not transparent. Also admin transfers are very harsh for women employees. They do not consider whether an employee is having small kid or pregnant. Very long working hours . Sitting in branches till 8 pm is usual .

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 17 Jul 2024

2.0
 for  Salary and Benefits

Likes

...elf is a terrible job not only this bank for that matter every bank I could say. The only positive thing I like in this bank is giving a good amount of salary, that's it nothing more.

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Dislikes

I literally hate selling the LIC policies here especially in this IDBI Bank.For every month each staff has to sell minimum 2 LIC policies and general insurance policies, if not sometimes the regional office will not leave you to go to home and even the employees have no other option left and they themselves take the LIC policies and general insurance policies for them and for their family to avoid this pressure. I don't even understand are we bankers or selling agents, seriously this was the only reason I have resigned my job along with some other reasons pertaining to work culture as well. But mostly I highly recommend not to join this particular bank or any bank for that matter. The pressure will be immensely high to do LIC policies, General insurances and other government schemes as well. I hope this is very much helpful for others who are going to join or about to join .Please make sure you read this before joining in this bank or any bank. "Think before you Join".

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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.

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.

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IDBI Bank Salary FAQs

How much does IDBI Bank pay per year?
The average IDBI Bank salary ranges from approximately ₹0.1 Lakh to ₹1.1 Lakh per year for a Marketing Executive and ₹24 Lakhs to ₹54 Lakhs per year for a General Manager. Salary estimates are based on 262 IDBI Bank salaries received from various employees of IDBI Bank. IDBI Bank employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in IDBI Bank?
The highest-paying job at IDBI Bank is a General Manager with a salary of ₹24 Lakhs to ₹54 Lakhs per year. The top 10% of employees earn more than ₹25 lakhs per year. The top 1% earn more than a whopping ₹40 lakhs per year.
What is the minimum salary in IDBI Bank?
Minimum salary at IDBI Bank depends on the role you are applying for. For Sales Executive the minimum salary is ₹1.2 Lakh to ₹3.5 Lakhs per year, and for Senior Sales Executive the minimum salary is ₹1.6 Lakh to ₹4 Lakhs per year and so on.
What is the salary package for freshers in IDBI Bank?
The average salary at IDBI Bank for freshers varies from ₹1 Lakh to ₹2.4 Lakhs per year for Intern and ₹9.8 Lakhs to ₹15 Lakhs per year for Asset Officer.
What is the notice period at IDBI Bank in Chennai?
According to AmbitionBox, 50% of the IDBI Bank employees in Chennai reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 174 responses on AmbitionBox in last 2 years.

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Average annual salary in IDBI Bank , Chennai is INRunlock blur . Salary estimates are based on 262 IDBI Bank latest salaries received from various employees of IDBI Bank.

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