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IDBI Bank Manager M1 salaries in Pune

Annual salary range
5 - 6 years exp.
₹14.9 Lakhs - ₹19.1 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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Last Updated: 10 Jul 2023

Companies similar to IDBI Bank for Manager M1 in Pune

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IDBI Bank Manager M1 Salary

5 - 6 years exp. (AmbitionBox Estimate)

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₹14.9 L/yr - ₹19.1 L/yr

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

4 - 10 years exp. (7 salaries)

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₹7 L/yr - ₹12.9 L/yr

arrow icon 43% less
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ICICI Bank Manager M1 Salary

1 - 16 years exp. (83 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 38% less
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IndusInd Bank Manager M1 Salary

5 - 7 years exp. (3 salaries)

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₹5.5 L/yr - ₹6.5 L/yr

arrow icon 67% less
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AU Small Finance Bank Manager M1 Salary

6 - 13 years exp. (6 salaries)

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₹4.5 L/yr - ₹8.3 L/yr

arrow icon 63% less
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IDFC FIRST Bank Manager M1 Salary

8 - 12 years exp. (3 salaries)

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₹7.5 L/yr - ₹9 L/yr

arrow icon 54% less
Manager M1 salary at IDBI Bank ranges between ₹14.9 Lakhs to ₹19.1 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of IDBI Bank.

Similar Designation salaries in IDBI Bank

Branch Manager Salary
(4 salaries)
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₹19.5 L/yr - ₹25.1 L/yr
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₹12.87 L/yr - ₹20 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

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.,

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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.

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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.

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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.

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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.

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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

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 Manager M1 Salary FAQs

What is the notice period for Manager M1 at IDBI Bank in Pune?
According to AmbitionBox, 100% of the IDBI Bank Manager M1s in Pune reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IDBI Bank Manager M1 salary in Pune ranges between ₹14.9 Lakhs to ₹19.1 Lakhs. This is an estimate based on latest salaries received from employees of IDBI Bank.