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IDBI Bank Deputy General Manager salaries in Indore

Annual salary range
16 - 20 years exp.
₹20 Lakhs - ₹40 Lakhs
Salary of majority employees
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6% less than the average Deputy General Manager Salary in Banking Companies for 16 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy General Manager Salary
16 - 19 years exp. (5 salaries)
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₹20 L/yr - ₹32 L/yr

Procurement & Supply Chain
Deputy General Manager Salary
16 - 18 years exp. (AmbitionBox Estimate)
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₹22 L/yr - ₹32.1 L/yr

Customer Success, Service & Operations
Deputy General Manager Salary
20 years exp. (AmbitionBox Estimate)
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₹33.3 L/yr - ₹40 L/yr

Last Updated: 21 Nov 2024

Companies similar to IDBI Bank for Deputy General Manager in Indore

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IDBI Bank Deputy General Manager Salary

16 - 20 years exp. (8 salaries)

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₹20 L/yr - ₹40 L/yr

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Company name Avg Annual Salary Open Jobs
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₹26 L/yr - ₹50 L/yr

arrow icon 10% more
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₹12 L/yr - ₹28 L/yr

arrow icon 29% less
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Indus Towers Deputy General Manager Salary

14 - 21 years exp. (9 salaries)

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₹30 L/yr - ₹51 L/yr

arrow icon 24% more
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Viatris Deputy General Manager Salary

16 - 24 years exp. (7 salaries)

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₹30 L/yr - ₹38.7 L/yr

arrow icon 13% more
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Liugong India Deputy General Manager Salary

13 - 20 years exp. (6 salaries)

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₹21.9 L/yr - ₹32.4 L/yr

arrow icon 19% less
Deputy General Manager salary at IDBI Bank ranges between ₹20 Lakhs to ₹40 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 8 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Deputy General Manager in Indore

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19 years exp.
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18 years exp.
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20 years exp.
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19 years exp.
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17 years exp.
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16 years exp.
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18 years exp.
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16 years exp.

Experience wise IDBI Bank Deputy General Manager salaries in Indore

Last Updated: 21 Nov 2024

Experience Avg Annual Salary
15+ years  (8 salaries)

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₹20 L/yr - ₹40 L/yr

Salary related reviews for IDBI Bank

5.0

Rated by 1 employees for salary & benefits

Data Science & Analytics Department

3.0
  •  posted on 21 Aug 2019

3.0
 for  Salary and Benefits

Likes

Job security, Less pressure than other Private players, Compensation is good as per industry average.

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Dislikes

IDBI was a PSU when I joined, now afterstake sale to LIC the bank has become private. Bank is suffering due to Big NPA accounts and Promotion opportunities are very scarce.

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BFSI, Investments & Trading Department

3.0
  •  posted on 05 Nov 2017

1.0
 for  Salary and Benefits

Likes

The company adopts latest technology.

Dislikes

Compensation is terrible here. Wage revision is pending for the last 5 years. No defined career progression. Appreciation for good work is not coming. Concentration of work to certain sections of employees.

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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

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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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Full Time

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BFSI, Investments & Trading Department

3.0
  •  posted on 18 Mar 2024

5.0
 for  Salary and Benefits

Likes

They follows IBA salary structure.So every staff gets a good salary.promotions facility are good for executive..after 3 years they promoted to Assistant manager and get a good salary.Bank cultures are good as compared to other private banks like HDFC ,ICICI etc. Leave policy and other facilities are very good for officers .

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Dislikes

Beside salary nothing is good in this company. 1. Without proper training they send new joiners into branch and tell to do their job . 2.Most of the staffs' work locations are very far way from home locations. It's very problem for your family. 3. Higher managements are very casual and slow for their work. 4 . You could not get proper guidance from higher authority at the beginning of your job. Learning is very hard for this bank

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IDBI Bank Deputy General Manager Salary FAQs

What is the salary of Deputy General Manager at IDBI Bank Indore?
Deputy General Manager salary at IDBI Bank in Indore ranges between ₹20.0 Lakhs to ₹40.0 Lakhs for experience between 16 years to 20 years. According to our estimates it is 6% less than the average Deputy General Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of IDBI Bank Indore.
How does the salary of a Deputy General Manager at IDBI Bank Indore compare with the average salary range for this job?
The average salary of a Deputy General Manager at IDBI Bank is 6% less than the average salary of a Deputy General Manager in Indore. To know exact salary insights, login to view.
Which similar companies are paying more than IDBI Bank to a Deputy General Manager in Indore?
  • Indus Towers Deputy General Manager Salary - ₹30.0 Lakhs to ₹51.0 Lakhs per year
  • Viatris Deputy General Manager Salary - ₹30.0 Lakhs to ₹38.7 Lakhs per year
  • VE Commercial Vehicles Deputy General Manager Salary - ₹26.0 Lakhs to ₹50.0 Lakhs per year
What is the salary of a Deputy General Manager in companies similar to IDBI Bank in Indore?
  • Liugong India Deputy General Manager Salary - ₹21.9 Lakhs to ₹32.4 Lakhs per year
  • Symbiotec Pharmalab Deputy General Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
What is the estimated take home salary of a Deputy General Manager at IDBI Bank in Indore?
The estimated take-home salary of a Deputy General Manager at IDBI Bank ranges between ₹2,03,138 per month to ₹2,11,185 per month in Indore. The take-home salary calculation is based on the average IDBI Bank Deputy General Manager salary in India which ranges between ₹20.0 Lakhs to ₹40.0 Lakhs per year for employees with experience between 16 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Deputy General Manager at IDBI Bank in Indore?
According to AmbitionBox, 80% of the IDBI Bank Deputy General Managers in Indore reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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IDBI Bank Deputy General Manager salary in Indore ranges between ₹20 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 IDBI Bank latest salaries received from various employees of IDBI Bank.