IDBI Bank Hyderabad / Secunderabad Sales Manager Salaries by 4 Employees

5 - 7 years exp.

₹2.5 Lakhs - ₹4.1 Lakhs

Salary of majority employees

49% less than the average Sales Manager Salary in Banking Companies for 5 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 5 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹3.2 L/yr
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Marketing & Communication Sales Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.1 L/yr

Last Updated: 17 Mar 2023

Companies similar to IDBI Bank for Sales Manager in Hyderabad / Secunderabad

IDBI Bank Sales Manager Salary

5 - 7 years exp. (4 salaries)

₹2.5 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Sales Manager Salary 0 - 12 years exp. (94 salaries)	₹2.9 L/yr - ₹10.2 L/yr 88% more	4 job openings
Yes Bank Sales Manager Salary 2 - 12 years exp. (36 salaries)	₹3 L/yr - ₹10 L/yr 109% more
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IndusInd Bank Sales Manager Salary 2 - 13 years exp. (29 salaries)	₹2.9 L/yr - ₹12 L/yr 121% more	3 job openings
Federal Bank Sales Manager Salary 10 - 15 years exp. (5 salaries)	₹5 L/yr - ₹6.5 L/yr 68% more
Standard Chartered Sales Manager Salary 3 - 7 years exp. (4 salaries)	₹4.3 L/yr - ₹11 L/yr 115% more

Sales Manager salary at IDBI Bank ranges between ₹2.5 Lakhs to ₹4.1 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Sales Manager salaries in Hyderabad / Secunderabad

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.2 L/yr
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7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.1 L/yr

From

Sales Manager

₹

Lakhs/yr

1 - 9 years exp.

Regional Sales Manager

₹

Lakhs/yr

8 - 19 years exp.

Sales Manager 1 - 9 years exp.

Territory Sales Manager 6 - 15 years exp.

41% hike

Regional Sales Manager 8 - 19 years exp.

73% 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

Sales Executive Salary

(11 salaries)

₹1.8 L/yr - ₹2.9 L/yr

Branch Manager Salary

(3 salaries)

₹10.5 L/yr - ₹22 L/yr

Salary related reviews for IDBI Bank

Branch Manager in Mumbai

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.,

Skill development - Bad

+5 more

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about IDBI Bank

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDBI Bank Sales Manager Salary FAQs

What is the salary of Sales Manager at IDBI Bank in Hyderabad / Secunderabad?

The average salary of a Sales Manager at IDBI Bank in Hyderabad / Secunderabad typically ranges from ₹2.5 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Sales Manager in Hyderabad / Secunderabad at IDBI Bank earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Sales 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 4 IDBI Bank employees in India.

What is the estimated take home salary of a Sales Manager at IDBI Bank in Hyderabad / Secunderabad?

The estimated take-home salary of a Sales Manager at IDBI Bank in Hyderabad / Secunderabad typically ranges from ₹23,939 to ₹25,394 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 5 years to 7 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 4 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 Manager in India?

IndusInd Bank	₹2.9 Lakhs to ₹12.0 Lakhs per year
Standard Chartered	₹4.3 Lakhs to ₹11.0 Lakhs per year
Yes Bank	₹3.0 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank	₹2.9 Lakhs to ₹10.2 Lakhs per year
Federal Bank	₹5.0 Lakhs to ₹6.5 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.

How the salary growth look like for a Sales Manager at IDBI Bank in Hyderabad / Secunderabad?

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

Experience	Average Salary Range
5 years	₹3.2 Lakhs to ₹5.9 Lakhs per year
6 years	₹2.5 Lakhs to ₹6.2 Lakhs per year
7 years	₹2.5 Lakhs to ₹4.1 Lakhs per year

and so on.

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IDBI Bank Sales Manager Salaries in Hyderabad / Secunderabad

IDBI Bank Sales Manager salary in Hyderabad / Secunderabad ranges between ₹2.5 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDBI Bank latest salaries received from various employees of IDBI Bank.