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IDBI Bank Operations Manager salaries in India

Annual salary range
6 - 15 years exp.
₹6 Lakhs - ₹23 Lakhs
Salary of majority employees
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37% more than the average Operations Manager Salary in Banking Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
8 - 15 years exp. (15 salaries)
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₹6 L/yr - ₹23 L/yr

Customer Success, Service & Operations
Operations Manager Salary
7 - 15 years exp. (9 salaries)
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₹8 L/yr - ₹18 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

0 - 18 years exp. (705 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 48% less
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ICICI Bank Operations Manager Salary

0 - 13 years exp. (500 salaries)

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₹2.6 L/yr - ₹11.4 L/yr

arrow icon 54% less
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Axis Bank Operations Manager Salary

3 - 14 years exp. (468 salaries)

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₹2.8 L/yr - ₹12.5 L/yr

arrow icon 48% less
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State Bank of India Operations Manager Salary

3 - 31 years exp. (10 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 6% more
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Kotak Mahindra Bank Operations Manager Salary

3 - 13 years exp. (253 salaries)

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₹2 L/yr - ₹10.4 L/yr

arrow icon 55% less
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Yes Bank Operations Manager Salary

1 - 16 years exp. (154 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 49% less
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IndusInd Bank Operations Manager Salary

1 - 14 years exp. (164 salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 60% 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 17% less
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RBL Bank Operations Manager Salary

4 - 13 years exp. (85 salaries)

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₹3.8 L/yr - ₹12 L/yr

arrow icon 55% less
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₹4.5 L/yr - ₹12 L/yr

arrow icon 36% less
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Operations Manager salary at IDBI Bank ranges between ₹6 Lakhs to ₹23 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 41 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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10 years exp.
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7 years exp.
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6 years exp.
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11 years exp.
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14 years exp.

Experience wise IDBI Bank Operations Manager salaries

Last Updated: 9 Aug 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹12 L/yr - ₹22.7 L/yr
7 years (AmbitionBox Estimate)

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₹8 L/yr - ₹15 L/yr
8 years  (5 salaries)

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₹6 L/yr - ₹15.4 L/yr
9 years (AmbitionBox Estimate)

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₹8 L/yr - ₹25.4 L/yr
10 years  (9 salaries)

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₹14 L/yr - ₹18 L/yr
View all
IDBI Bank Operations Manager Salary and Career Growth

From

To

Operations Manager

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6 - 15 years exp.

Senior Regional Head

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18 - 20 years exp.

Operations Manager

6 - 15 years exp.
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Branch Head

8 - 20 years exp.
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arrow icon 50% hike

Assistant General Manager

12 - 20 years exp.
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arrow icon 21% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IDBI Bank

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₹7.09 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
(5 salaries)
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₹13 L/yr - ₹20.55 L/yr
Branch Manager Salary
(61 salaries)
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₹10 L/yr - ₹32 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 - ₹3.18 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

  • 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
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IDBI Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at IDBI Bank ?
The average salary of a Operations Manager at IDBI Bank in India typically ranges from ₹6.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Operations Manager at IDBI Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Operations 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 40+ IDBI Bank employees in India.
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 in India typically ranges from ₹1,02,615 to ₹1,05,421 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 6 years to 15 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 40+ 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 Operations Manager in India?
Bank of America ₹9.7 Lakhs to ₹29.6 Lakhs per year
Standard Chartered ₹7.2 Lakhs to ₹29.0 Lakhs per year
HSBC Global Banking and Markets ₹8.5 Lakhs to ₹19.2 Lakhs per year
State Bank of India ₹12.0 Lakhs to ₹20.0 Lakhs per year
Union Bank of India ₹10.0 Lakhs to ₹20.0 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 Operations Manager in companies similar to IDBI Bank in India?
The salary of a Operations Manager at companies similar to IDBI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of Maharashtra ₹10.0 Lakhs to ₹20.0 Lakhs per year
NatWest Markets ₹9.8 Lakhs to ₹18.1 Lakhs per year
Bank of Baroda ₹10.0 Lakhs to ₹18.0 Lakhs per year
Canara Bank ₹12.0 Lakhs to ₹13.5 Lakhs per year
Deutsche Bank ₹5.5 Lakhs to ₹19.0 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 Operations Manager at IDBI Bank in India?
The salary growth for a Operations Manager at IDBI Bank depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at IDBI Bank:

Experience Average Salary Range
6 years ₹12.0 Lakhs to ₹22.7 Lakhs per year
7 years ₹8.0 Lakhs to ₹15.0 Lakhs per year
8 years ₹6.0 Lakhs to ₹15.4 Lakhs per year
9 years ₹8.0 Lakhs to ₹25.4 Lakhs per year
and so on.

Tell us how to improve this page.

IDBI Bank Operations Manager salary in India ranges between ₹6 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 41 IDBI Bank latest salaries received from various employees of IDBI Bank.