IDBI Bank Chennai Sales Officer Salaries by 3 Employees (Updated 2024)

0 - 5 years exp.

₹2.5 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Sales Officer Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 23 Aug 2024

Companies similar to IDBI Bank for Sales Officer in Chennai

IDBI Bank Sales Officer Salary

0 - 5 years exp. (3 salaries)

₹2.5 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Officer Salary 0 - 12 years exp. (383 salaries)	₹1.1 L/yr - ₹5 L/yr 5% less	2 job openings
ICICI Bank Sales Officer Salary 0 - 9 years exp. (145 salaries)	₹1.1 L/yr - ₹6 L/yr 5% less
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Kotak Mahindra Bank Sales Officer Salary 0 - 7 years exp. (32 salaries)	₹1.5 L/yr - ₹3.5 L/yr 8% less
IndusInd Bank Sales Officer Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 3% more
Yes Bank Sales Officer Salary 0 - 7 years exp. (31 salaries)	₹1.6 L/yr - ₹5.2 L/yr 15% more	6 job openings
IDFC FIRST Bank Sales Officer Salary 0 - 7 years exp. (108 salaries)	₹1.2 L/yr - ₹4.5 L/yr 12% less
Equitas Small Finance Bank Sales Officer Salary 0 - 7 years exp. (36 salaries)	₹1.5 L/yr - ₹3.8 L/yr 5% less	1 job opening
Jana Small Finance Bank Sales Officer Salary 1 - 7 years exp. (10 salaries)	₹1.5 L/yr - ₹3.5 L/yr 21% less	1 job opening
Standard Chartered Sales Officer Salary 0 - 4 years exp. (4 salaries)	₹0.8 L/yr - ₹2.5 L/yr 20% less

Sales Officer salary at IDBI Bank ranges between ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 3 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Sales Officer salaries in Chennai

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.4 L/yr

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From

Sales Officer

₹

Lakhs/yr

0 - 6 years exp.

Regional Sales Manager

₹

Lakhs/yr

8 - 17 years exp.

Sales Officer 0 - 6 years exp.

Sales Manager 1 - 10 years exp.

27% hike

Territory Sales Manager 7 - 15 years exp.

36% hike

Similar Designation salaries in IDBI Bank

Sales Executive Salary

(8 salaries)

₹1.2 L/yr - ₹3 L/yr

Senior Sales Officer Salary

(3 salaries)

₹1.5 L/yr - ₹3.3 L/yr

Salary related reviews for IDBI Bank

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.

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.

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.

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.

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

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.

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

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.

Dislikes

Nothing to say dislike about idbi bank.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDBI Bank Sales Officer Salary FAQs

What is the notice period for Sales Officer at IDBI Bank in Chennai?

According to AmbitionBox, 100% of the IDBI Bank Sales Officers in Chennai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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IDBI Bank Sales Officer Salaries in Chennai

IDBI Bank Sales Officer salary in Chennai ranges between ₹2.5 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IDBI Bank latest salaries received from various employees of IDBI Bank.