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IDBI Bank Operations Manager salaries in India

Annual salary range
8 - 15 years exp.
₹7.5 Lakhs - ₹23.7 Lakhs
Salary of majority employees
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41% more than the average Operations Manager Salary in Banking Companies for 8 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
8 - 15 years exp. (17 salaries)
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₹7.1 L/yr - ₹23 L/yr

Customer Success, Service & Operations
Operations Manager Salary
9 - 15 years exp. (9 salaries)
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₹8 L/yr - ₹23.7 L/yr

Human Resources
Operations Manager Salary
9 - 12 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹16.7 L/yr

Last Updated: 9 Aug 2024

Companies similar to IDBI Bank for Operations Manager

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

1 - 18 years exp. (697 salaries)

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₹3.2 L/yr - ₹12 L/yr

arrow icon 47% less
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ICICI Bank Operations Manager Salary

0 - 13 years exp. (530 salaries)

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₹2.6 L/yr - ₹12.4 L/yr

arrow icon 55% less
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Axis Bank Operations Manager Salary

3 - 16 years exp. (525 salaries)

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₹3.6 L/yr - ₹12.2 L/yr

arrow icon 49% less
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State Bank of India Operations Manager Salary

3 - 31 years exp. (11 salaries)

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₹12 L/yr - ₹26.6 L/yr

arrow icon 3% less
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Kotak Mahindra Bank Operations Manager Salary

3 - 13 years exp. (268 salaries)

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₹2 L/yr - ₹11.2 L/yr

arrow icon 59% less
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Yes Bank Operations Manager Salary

5 - 15 years exp. (168 salaries)

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₹3.5 L/yr - ₹13 L/yr

arrow icon 48% less
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IndusInd Bank Operations Manager Salary

1 - 15 years exp. (175 salaries)

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₹2 L/yr - ₹10.3 L/yr

arrow icon 62% less
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Federal Bank Operations Manager Salary

3 - 12 years exp. (10 salaries)

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₹5 L/yr - ₹16 L/yr

arrow icon 20% less
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RBL Bank Operations Manager Salary

4 - 13 years exp. (89 salaries)

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₹3.8 L/yr - ₹11.5 L/yr

arrow icon 56% less
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₹4.5 L/yr - ₹12 L/yr

arrow icon 39% less
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IDFC FIRST Bank Operations Manager Salary

1 - 10 years exp. (213 salaries)

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₹3.2 L/yr - ₹12 L/yr

arrow icon 52% less
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Deutsche Bank Operations Manager Salary

8 - 16 years exp. (109 salaries)

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₹5.5 L/yr - ₹19 L/yr

arrow icon 20% less
5 job openings
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₹1.8 L/yr - ₹8 L/yr

arrow icon 75% less
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₹2 L/yr - ₹9 L/yr

arrow icon 65% less
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Bank of America Operations Manager Salary

10 - 17 years exp. (83 salaries)

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₹8.5 L/yr - ₹32 L/yr

arrow icon 15% more
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Standard Chartered Operations Manager Salary

5 - 17 years exp. (75 salaries)

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₹7.2 L/yr - ₹26.2 L/yr

arrow icon 2% less
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₹1.8 L/yr - ₹5.5 L/yr

arrow icon 78% less
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AU Small Finance Bank Operations Manager Salary

1 - 13 years exp. (65 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 60% less
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₹2.4 L/yr - ₹7.6 L/yr

arrow icon 69% less
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NatWest Group Operations Manager Salary

7 - 14 years exp. (46 salaries)

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₹6.5 L/yr - ₹16.3 L/yr

arrow icon 38% less
View all
Operations Manager salary at IDBI Bank ranges between ₹7.5 Lakhs to ₹23.7 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 45 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Operations Manager

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15 years exp.
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11 years exp.
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Experience wise IDBI Bank Operations Manager salaries

Last Updated: 9 Aug 2024

Experience Avg Annual Salary
8 years  (6 salaries)

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₹6 L/yr - ₹15.4 L/yr
9 years  (3 salaries)

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₹6 L/yr - ₹25.9 L/yr
10 years  (11 salaries)

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₹11 L/yr - ₹20 L/yr
11 years  (6 salaries)

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₹11.8 L/yr - ₹21 L/yr
12 years  (6 salaries)

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₹9 L/yr - ₹23.7 L/yr
View all

Similar Designation salaries in IDBI Bank

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₹6.63 L/yr - ₹23 L/yr
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₹6.79 L/yr - ₹23 L/yr
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₹12 L/yr - ₹25.2 L/yr
Team Manager Salary
(7 salaries)
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₹13 L/yr - ₹20.55 L/yr
Branch Manager Salary
(62 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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₹2 L/yr - ₹4.49 L/yr
Deputy Branch Manager Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr
Team Lead Salary
(4 salaries)
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₹1.25 L/yr - ₹3 L/yr

Salary related reviews for IDBI Bank

3.5

Rated by 19 employees for salary & benefits

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.

read more

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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IDBI Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at IDBI Bank?
Operations Manager salary at IDBI Bank in India ranges between ₹7.5 Lakhs to ₹23.7 Lakhs for experience between 8 years to 15 years. According to our estimates it is 41% more than the average Operations Manager Salary in India. Salary estimates are based on 45 latest salaries received from various employees of IDBI Bank India.
How does the salary of a Operations Manager at IDBI Bank India compare with the average salary range for this job?
The average salary of a Operations Manager at IDBI Bank is 41% more than the average salary of a Operations Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than IDBI Bank to a Operations Manager in India?
  • Bank of America Operations Manager Salary - ₹8.5 Lakhs to ₹32.0 Lakhs per year
What is the salary of a Operations Manager in companies similar to IDBI Bank in India?
  • HSBC Global Banking and Markets Operations Manager Salary - ₹8.5 Lakhs to ₹19.2 Lakhs per year
  • Standard Chartered Operations Manager Salary - ₹7.2 Lakhs to ₹26.2 Lakhs per year
  • Union Bank of India Operations Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • State Bank of India Operations Manager Salary - ₹12.0 Lakhs to ₹26.6 Lakhs per year
  • Bank of Maharashtra Operations Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
What is the estimated take home salary of a Operations Manager at IDBI Bank in India?
The estimated take-home salary of a Operations Manager at IDBI Bank ranges between ₹1,06,390 per month to ₹1,09,317 per month in India. The take-home salary calculation is based on the average IDBI Bank Operations Manager salary in India which ranges between ₹7.5 Lakhs to ₹23.7 Lakhs per year for employees with experience between 8 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Operations Manager at IDBI Bank?
According to AmbitionBox, 65% of the IDBI Bank Operations Managers reported a notice period of 3 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IDBI Bank Operations Manager salary in India ranges between ₹7.5 Lakhs to ₹23.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 45 IDBI Bank latest salaries received from various employees of IDBI Bank.