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IDBI Bank Manager M1 salaries in India

Annual salary range
5 - 14 years exp.
₹13.5 Lakhs - ₹20 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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53% more than the average Manager M1 Salary in Banking Companies for 5 - 14 years of experience

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Last Updated: 28 Aug 2023

Companies similar to IDBI Bank for Manager M1

Company name Avg Annual Salary Open Jobs
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HDFC Bank Manager M1 Salary

4 - 14 years exp. (172 salaries)

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₹5 L/yr - ₹13.3 L/yr

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ICICI Bank Manager M1 Salary

1 - 17 years exp. (1.6k salaries)

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₹4.5 L/yr - ₹16 L/yr

arrow icon 42% less
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Axis Bank Manager M1 Salary

5 - 12 years exp. (152 salaries)

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₹4.2 L/yr - ₹10.6 L/yr

arrow icon 57% less
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Bank of Baroda Manager M1 Salary

7 - 10 years exp. (4 salaries)

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₹7.5 L/yr - ₹10.5 L/yr

arrow icon 49% less
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Kotak Mahindra Bank Manager M1 Salary

1 - 12 years exp. (45 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 67% less
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IndusInd Bank Manager M1 Salary

4 - 11 years exp. (43 salaries)

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₹3.5 L/yr - ₹8.8 L/yr

arrow icon 64% less
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Yes Bank Manager M1 Salary

1 - 12 years exp. (33 salaries)

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₹5.5 L/yr - ₹10.1 L/yr

arrow icon 57% less
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IDFC FIRST Bank Manager M1 Salary

4 - 12 years exp. (43 salaries)

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₹5 L/yr - ₹9.5 L/yr

arrow icon 60% less
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AU Small Finance Bank Manager M1 Salary

2 - 13 years exp. (37 salaries)

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₹3.6 L/yr - ₹11 L/yr

arrow icon 60% less
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Equitas Small Finance Bank Manager M1 Salary

7 - 13 years exp. (23 salaries)

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₹5.6 L/yr - ₹11 L/yr

arrow icon 57% less
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Standard Chartered Manager M1 Salary

5 - 10 years exp. (6 salaries)

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₹6.9 L/yr - ₹10 L/yr

arrow icon 48% less
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Jana Small Finance Bank Manager M1 Salary

10 - 16 years exp. (4 salaries)

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₹6 L/yr - ₹6.5 L/yr

arrow icon 65% less
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Ujjivan Small Finance Bank Manager M1 Salary

5 - 13 years exp. (4 salaries)

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₹4.5 L/yr - ₹6.2 L/yr

arrow icon 70% less
Manager M1 salary at IDBI Bank ranges between ₹13.5 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Manager M1

1y ago
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6 years exp.
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6 years exp.
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5 years exp.
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5 years exp.

Experience wise IDBI Bank Manager M1 salaries

Last Updated: 28 Aug 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹16.6 L/yr
6 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹17 L/yr
7 years (AmbitionBox Estimate)

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₹14.8 L/yr - ₹18.9 L/yr
8 years (AmbitionBox Estimate)

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₹15.3 L/yr - ₹19.5 L/yr
9 years (AmbitionBox Estimate)

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₹15.7 L/yr - ₹20.1 L/yr
View all

Similar Designation salaries in IDBI Bank

Team Manager Salary
(7 salaries)
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₹13 L/yr - ₹20.55 L/yr
Team Lead Salary
(4 salaries)
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₹1.25 L/yr - ₹3.3 L/yr
Branch Manager Salary
(57 salaries)
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₹10 L/yr - ₹30 L/yr
Deputy Manager Salary
(7 salaries)
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₹2.5 L/yr - ₹9 L/yr
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₹15 L/yr - ₹24.45 L/yr
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₹12 L/yr - ₹25.2 L/yr
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₹6 L/yr - ₹23 L/yr
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₹6.79 L/yr - ₹23 L/yr
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₹7.43 L/yr - ₹23 L/yr
Deputy Branch Manager Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr

Salary related reviews for IDBI Bank

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

Finance & Accounting Department

3.0
  •  posted on 12 Sep 2018

2.0
 for  Salary and Benefits

Likes

...t. Even the office assistant also can refer employee, this is the truth of IDBI. Vp, AVP 's son / daughters are joining with big salary without experience even sometime without completing their degree course. Being in head office Mumbai branch I found those things with proves. This is the fact. So...all average.

read more
  • Job security - Excellent

Dislikes

Job security is there. But apprisal always depend on how much suger you can mix with you all words on your boss. Oil also work. Growth means promotion after achieving target also depends on boss's mercy.

read more
  • Salary - Poor
  • +1 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
see more salary related reviews

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IDBI Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at IDBI Bank?
Manager M1 salary at IDBI Bank in India ranges between ₹13.5 Lakhs to ₹20.0 Lakhs for experience between 5 years to 14 years. According to our estimates it is 53% more than the average Manager M1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IDBI Bank India.
How does the salary of a Manager M1 at IDBI Bank India compare with the average salary range for this job?
The average salary of a Manager M1 at IDBI Bank is 53% more than the average salary of a Manager M1 in India. To know exact salary insights, login to view.
What is the salary of a Manager M1 in companies similar to IDBI Bank in India?
  • ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹16.0 Lakhs per year
  • Standard Chartered Manager M1 Salary - ₹6.9 Lakhs to ₹10.0 Lakhs per year
  • Bank of Baroda Manager M1 Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year
  • HDFC Bank Manager M1 Salary - ₹5.0 Lakhs to ₹13.3 Lakhs per year
  • Yes Bank Manager M1 Salary - ₹5.5 Lakhs to ₹10.1 Lakhs per year
What is the estimated take home salary of a Manager M1 at IDBI Bank in India?
The estimated take-home salary of a Manager M1 at IDBI Bank ranges between ₹1,19,620 per month to ₹1,22,975 per month in India. The take-home salary calculation is based on the average IDBI Bank Manager M1 salary in India which ranges between ₹13.5 Lakhs to ₹20.0 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Manager M1 at IDBI Bank?
According to AmbitionBox, 100% of the IDBI Bank Manager M1s reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IDBI Bank Manager M1 salary in India ranges between ₹13.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IDBI Bank latest salaries received from various employees of IDBI Bank.