IDBI Bank Sales Associate Salaries by 5 Employees

0 - 6 years exp.

₹1.6 Lakh - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Sales Associate Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development Sales Associate Salary 0 - 6 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.7 L/yr
Finance & Accounting Sales Associate Salary 5 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Marketing & Communication Sales Associate Salary 3 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to IDBI Bank for Sales Associate

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Sales Associate Salary 0 - 3 years exp. (40 salaries)	₹1.3 L/yr - ₹3.8 L/yr 5% more
IndusInd Bank Sales Associate Salary 0 - 3 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 7% less
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Standard Chartered Sales Associate Salary 3 - 10 years exp. (3 salaries)	₹3 L/yr - ₹9.1 L/yr 155% more
PolicyBazaar Sales Associate Salary 0 - 5 years exp. (380 salaries)	₹1.5 L/yr - ₹4.7 L/yr 22% more	3 job openings
Reliance Retail Sales Associate Salary 0 - 6 years exp. (352 salaries)	₹1 L/yr - ₹4.5 L/yr 15% less	2 job openings

Sales Associate salary at IDBI Bank ranges between ₹1.6 Lakh to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 5 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Sales Associate salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.7 L/yr
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
5 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.6 L/yr

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Area Sales Manager Salary

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₹5.67 L/yr - ₹10 L/yr

Area Sales Executive Salary

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Salary related reviews for IDBI Bank

5.0

Rated by 2 employees for salary & benefits

Relationship Manager in Pune

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.

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.

Work-life balance - Poor

Sales Executive in Surat

Sales & Marketing Department

5.0

• posted on 20 Jun 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive they give good sallary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow.

Sales Executive in Basirhat

BFSI, Investments & Trading Department

4.0

• posted on 04 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.company policies are good.

Skill development - Excellent

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to new joinees

Job security - Poor

+1 more

Sales Officer in Mumbai

Finance & Accounting Department

5.0

• posted on 14 Jul 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Sales Executive in Madurai

Finance home loans Department

5.0

• posted on 19 May 2019

4.0

for Salary and Benefits

Likes

...job. But not job security for off role team(sales). Good managers. No politics. Salary is so delay.

Salary - Good

+5 more

Dislikes

Nothing to say dislike about idbi bank.

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What people are saying about IDBI Bank

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invaluablecider

works at

IDBI Bank

Facing trouble in releaving my current job

Hey everyone, I've recently resigned from my current job and serving notice period which is due in less than a week. But my manager is not agreeing to this and forcing me to stay till the time I complete my pendencies and creating more of them unnecessary so that I can't be relieved. I've completed them from my side, but pending from customer ends as they are not coming to sign the certain documents. If we go according to this than I can't be relieved for coming 5-6 months due to these customers as many of them are in different states. I've joining in my new company in next 10 days. What should I do???? And can I really be held back due to this reason(customers sign)????

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IDBI Bank Sales Associate Salary FAQs

What is the salary of Sales Associate at IDBI Bank ?

The average salary of a Sales Associate at IDBI Bank in India typically ranges from ₹1.6 Lakhs to ₹3.7 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Sales Associate at IDBI Bank earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Sales Associate 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 5 IDBI Bank employees in India.

What is the estimated take home salary of a Sales Associate at IDBI Bank in India?

The estimated take-home salary of a Sales Associate at IDBI Bank in India typically ranges from ₹18,493 to ₹20,179 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from Fresher to 6 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 5 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 Sales Associate in India?

Standard Chartered	₹3.0 Lakhs to ₹9.1 Lakhs per year
PolicyBazaar	₹1.5 Lakhs to ₹4.7 Lakhs per year
IDFC FIRST Bank	₹1.3 Lakhs to ₹3.8 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 Sales Associate in companies similar to IDBI Bank in India?

The salary of a Sales Associate at companies similar to IDBI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank	₹2.0 Lakhs to ₹3.0 Lakhs per year
Reliance Retail	₹1.0 Lakhs to ₹4.5 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 Sales Associate at IDBI Bank in India?

The salary growth for a Sales Associate at IDBI Bank depends on factors such as experience, performance, and promotions. On average, a Sales Associate can expect the following growth trajectory at IDBI Bank:

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹3.7 Lakhs per year
1 year	₹3.0 Lakhs to ₹3.8 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.1 Lakhs to ₹4.7 Lakhs per year

and so on.

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IDBI Bank Sales Associate Salaries

IDBI Bank Sales Associate salary in India ranges between ₹1.6 Lakh to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IDBI Bank latest salaries received from various employees of IDBI Bank.