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IDBI Bank General Manager salaries in Mumbai

Annual salary range
20 - 31 years exp.
₹24 Lakhs - ₹54 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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5% more than the average General Manager Salary in Banking Companies for 20 - 31 years of experience

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Salaries in different departments

BFSI, Investments & Trading
General Manager Salary
20 - 27 years exp. (4 salaries)
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₹24 L/yr - ₹54 L/yr

Data Science & Analytics
General Manager Salary
25 - 26 years exp. (AmbitionBox Estimate)
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₹40 L/yr - ₹43.7 L/yr

Risk Management & Compliance
General Manager Salary
20 years exp. (AmbitionBox Estimate)
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₹40 L/yr - ₹51 L/yr

Last Updated: 25 Nov 2024

Companies similar to IDBI Bank for General Manager in Mumbai

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IDBI Bank General Manager Salary

20 - 31 years exp. (14 salaries)

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₹24 L/yr - ₹54 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Reserve Bank of India General Manager Salary

5 - 31 years exp. (4 salaries)

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₹30 L/yr - ₹54.1 L/yr

arrow icon 16% more
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Union Bank of India General Manager Salary

28 - 31 years exp. (3 salaries)

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₹24 L/yr - ₹30 L/yr

arrow icon 34% less
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Vodafone Idea General Manager Salary

12 - 25 years exp. (226 salaries)

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₹18 L/yr - ₹63 L/yr

arrow icon 1% less
1 job opening
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Reliance Industries General Manager Salary

12 - 31 years exp. (186 salaries)

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₹17 L/yr - ₹59 L/yr

arrow icon 15% less
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Jio General Manager Salary

16 - 25 years exp. (120 salaries)

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₹22 L/yr - ₹64 L/yr

arrow icon 5% more
1 job opening
General Manager salary at IDBI Bank ranges between ₹24 Lakhs to ₹54 Lakhs per year for employees with experience between 20 years to 31 years. Salary estimates are based on 14 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank General Manager in Mumbai

4mo ago
₹40 Lakhs
26 years exp.
4mo ago
₹40 Lakhs
24 years exp.
4mo ago
₹40 Lakhs
20 years exp.
7mo ago
₹40 Lakhs
25 years exp.
11mo ago
₹40 Lakhs
20 years exp.
11mo ago
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20 years exp.
1y ago
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31 years exp.
1y ago
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20 years exp.
1y ago
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29 years exp.
1y ago
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27 years exp.

Experience wise IDBI Bank General Manager salaries in Mumbai

Last Updated: 25 Nov 2024

Experience Avg Annual Salary
15+ years  (14 salaries)

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₹24 L/yr - ₹54 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

Salary related reviews for IDBI Bank

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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.

read more
  • Job security - Excellent
  • +1 more

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.

read more
  • Promotions - Bad
  • +2 more

BFSI, Investments & Trading Department

3.0
  •  posted on 05 Nov 2017

1.0
 for  Salary and Benefits

Likes

The company adopts latest technology.

  • Skill development - Good

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.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 19 Jan 2025

2.0
 for  Salary and Benefits

Likes

Salary, however little, gets credited on time. There is literally nothing to write.

read more
  • Job security - Good

Dislikes

Work culture. Needs to work on weekends Extended work hours . No increment. No appreciation for work. Super difficult to get leaves. No flexibility in work hours or days.

read more
  • Salary - Poor
  • +5 more

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 .

  • Salary - Good
  • +1 more

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 .

read more
  • Skill development - Poor
  • +1 more

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.

  • Salary - Good

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.

read more
  • Promotions - Poor
  • +3 more
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IDBI Bank General Manager Salary FAQs

What is the salary of General Manager at IDBI Bank in Mumbai?
The average salary of a General Manager at IDBI Bank in Mumbai typically ranges from ₹24.0 Lakhs to ₹54.0 Lakhs per year, depending on experience (from 20 years to 31 years).

The top 10% of General Manager in Mumbai at IDBI Bank earn more than ₹51.3 Lakhs per year, and the top 1% earn over ₹54.0 Lakhs per year. General 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 10+ IDBI Bank employees in India.
What is the estimated take home salary of a General Manager at IDBI Bank in Mumbai?
The estimated take-home salary of a General Manager at IDBI Bank in Mumbai typically ranges from ₹2,43,886 to ₹2,53,776 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹54.0 Lakhs per year for employees with experience ranging from 20 years to 31 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 10+ 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 General Manager in India?
Reserve Bank of India ₹30.0 Lakhs to ₹54.1 Lakhs per year
Jio ₹22.0 Lakhs to ₹64.0 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 General Manager in companies similar to IDBI Bank in Mumbai?
The salary of a General Manager at companies similar to IDBI Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Vodafone Idea ₹18.0 Lakhs to ₹63.0 Lakhs per year
Reliance Industries ₹17.0 Lakhs to ₹59.0 Lakhs per year
Union Bank of India ₹24.0 Lakhs to ₹30.0 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 General Manager at IDBI Bank in Mumbai?
The salary growth for a General Manager at IDBI Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a General Manager in Mumbai can expect the following growth trajectory at IDBI Bank:

Experience Average Salary Range
15 years ₹24.0 Lakhs to ₹54.0 Lakhs per year
and so on.

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IDBI Bank General Manager salary in Mumbai ranges between ₹24 Lakhs to ₹54 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 IDBI Bank latest salaries received from various employees of IDBI Bank.