IDBI Bank Seles Executive Salaries by 6 Employees

0 - 4 years exp.

₹1.9 Lakh - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Seles Executive Salary in Banking Companies for 0 - 4 years of experience

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Last Updated: 19 Jun 2023

Companies similar to IDBI Bank for Seles Executive

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank Seles Executive Salary 1 - 7 years exp. (18 salaries)	₹1.4 L/yr - ₹3.5 L/yr 18% more
Yes Bank Seles Executive Salary 0 - 6 years exp. (17 salaries)	₹1.4 L/yr - ₹3.3 L/yr 12% more
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IDFC FIRST Bank Seles Executive Salary 0 - 5 years exp. (14 salaries)	₹1.4 L/yr - ₹4.5 L/yr 16% more
IndusInd Bank Seles Executive Salary 1 - 6 years exp. (11 salaries)	₹1.2 L/yr - ₹4 L/yr 28% more
Jana Small Finance Bank Seles Executive Salary 2 - 7 years exp. (11 salaries)	₹1.8 L/yr - ₹2.8 L/yr 4% more
Ujjivan Small Finance Bank Seles Executive Salary 1 - 9 years exp. (6 salaries)	₹2 L/yr - ₹2.5 L/yr 13% more
Equitas Small Finance Bank Seles Executive Salary 0 - 1 year exp. (4 salaries)	₹1.6 L/yr - ₹3 L/yr 25% more

Seles Executive salary at IDBI Bank ranges between ₹1.9 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Seles Executive salaries

Last Updated: 19 Jun 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr

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Salary related reviews for IDBI Bank

3.1

Rated by 10 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.

see more salary related reviews

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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 Seles Executive Salary FAQs

What is the salary of Seles Executive at IDBI Bank ?

The average salary of a Seles Executive at IDBI Bank in India typically ranges from ₹1.9 Lakhs to ₹2.8 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Seles Executive at IDBI Bank earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Seles Executive 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 6 IDBI Bank employees in India.

What is the estimated take home salary of a Seles Executive at IDBI Bank in India?

The estimated take-home salary of a Seles Executive at IDBI Bank in India typically ranges from ₹14,272 to ₹15,776 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from Fresher to 4 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 6 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 Seles Executive in India?

IndusInd Bank	₹1.2 Lakhs to ₹4.0 Lakhs per year
Equitas Small Finance Bank	₹1.6 Lakhs to ₹3.0 Lakhs per year
AU Small Finance Bank	₹1.4 Lakhs to ₹3.5 Lakhs per year
IDFC FIRST Bank	₹1.4 Lakhs to ₹4.5 Lakhs per year
Ujjivan Small Finance Bank	₹2.0 Lakhs to ₹2.5 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.

What is the salary of a Seles Executive in companies similar to IDBI Bank in India?

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

Yes Bank	₹1.4 Lakhs to ₹3.3 Lakhs per year
Jana Small Finance Bank	₹1.8 Lakhs to ₹2.8 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 Seles Executive at IDBI Bank in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.3 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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IDBI Bank Seles Executive Salaries

IDBI Bank Seles Executive salary in India ranges between ₹1.9 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDBI Bank latest salaries received from various employees of IDBI Bank.