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IDBI Bank Executive Officer salaries in Mumbai

Annual salary range
1 - 3 years exp.
₹3.5 Lakhs - ₹3.6 Lakhs
Salary of majority employees
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26% less than the average Executive Officer Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting
Executive Officer Salary
1 - 2 years exp. (3 salaries)
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₹3.5 L/yr - ₹3.7 L/yr

BFSI, Investments & Trading
Executive Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.5 L/yr

Last Updated: 15 Jan 2025

Companies similar to IDBI Bank for Executive Officer in Mumbai

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IDBI Bank Executive Officer Salary

1 - 3 years exp. (4 salaries)

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₹3.5 L/yr - ₹3.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Executive Officer Salary

1 - 5 years exp. (10 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

arrow icon 28% less
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ICICI Bank Executive Officer Salary

1 - 5 years exp. (7 salaries)

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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 19% less
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Axis Bank Executive Officer Salary

1 - 5 years exp. (15 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 26% less
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Kotak Mahindra Bank Executive Officer Salary

0 - 6 years exp. (13 salaries)

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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 36% less
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IndusInd Bank Executive Officer Salary

0 - 5 years exp. (26 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 26% less
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Yes Bank Executive Officer Salary

1 - 4 years exp. (14 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 37% less
Executive Officer salary at IDBI Bank ranges between ₹3.5 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Executive Officer in Mumbai

5d ago
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2 years exp.
9mo ago
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1 year exp.
1y ago
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1 year exp.

Experience wise IDBI Bank Executive Officer salaries in Mumbai

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.4 L/yr
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.4 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.5 L/yr

Similar Designation salaries in IDBI Bank

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₹14 L/yr - ₹35 L/yr
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₹16 L/yr - ₹50 L/yr
AGM Salary
(23 salaries)
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₹16 L/yr - ₹31 L/yr
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₹1.05 L/yr - ₹2.88 L/yr
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₹2.05 L/yr - ₹3.15 L/yr
Sales Executive Salary
(10 salaries)
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₹2 L/yr - ₹3 L/yr
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₹2.4 L/yr - ₹3.2 L/yr
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₹1.2 L/yr - ₹2.5 L/yr
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₹8.5 L/yr - ₹13 L/yr

Salary related reviews for IDBI Bank

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Rated by 1 employees for salary & benefits

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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Full Time

 · 

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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Full Time

 · 

Other Department

1.0
  •  posted on 14 Nov 2023

4.0
 for  Salary and Benefits

Likes

only good salary

Dislikes

poor work conditions too much targets uneducated and cruel HR sitting on top and doing nothing about employees. LIC is father of this bank u can survive only by doing LIC. NEVER JOIN IDBI

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IDBI Bank Executive Officer Salary FAQs

What is the salary of Executive Officer at IDBI Bank Mumbai?
Executive Officer salary at IDBI Bank in Mumbai ranges between ₹3.5 Lakhs to ₹3.6 Lakhs for experience between 1 years to 3 years. According to our estimates it is 26% less than the average Executive Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank Mumbai.
How does the salary of a Executive Officer at IDBI Bank Mumbai compare with the average salary range for this job?
The average salary of a Executive Officer at IDBI Bank is 26% less than the average salary of a Executive Officer in Mumbai. To know exact salary insights, login to view.
What is the salary of a Executive Officer in companies similar to IDBI Bank in Mumbai?
  • ICICI Bank Executive Officer Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
  • Axis Bank Executive Officer Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
  • IndusInd Bank Executive Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
  • HDFC Bank Executive Officer Salary - ₹1.3 Lakhs to ₹3.5 Lakhs per year
  • Kotak Mahindra Bank Executive Officer Salary - ₹1.5 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a Executive Officer at IDBI Bank in Mumbai?
The estimated take-home salary of a Executive Officer at IDBI Bank ranges between ₹26,203 per month to ₹27,623 per month in Mumbai. The take-home salary calculation is based on the average IDBI Bank Executive Officer salary in India which ranges between ₹3.5 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?
What is the notice period for Executive Officer at IDBI Bank in Mumbai?
According to AmbitionBox, 75% of the IDBI Bank Executive Officers in Mumbai reported a notice period of 15 days or less, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IDBI Bank Executive Officer salary in Mumbai ranges between ₹3.5 Lakhs to ₹3.6 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.