IDBI Bank Senior Associate Salaries by 3 Employees

1 - 7 years exp.

₹3.5 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Senior Associate Salary in Banking Companies for 1 - 7 years of experience

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Last Updated: 7 Nov 2024

Companies similar to IDBI Bank for Senior Associate

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Associate Salary 7 - 14 years exp. (56 salaries)	₹4.5 L/yr - ₹14 L/yr 60% more
HDFC Bank Senior Associate Salary 0 - 11 years exp. (45 salaries)	₹1.7 L/yr - ₹9 L/yr 6% less
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ICICI Bank Senior Associate Salary 0 - 7 years exp. (522 salaries)	₹1.3 L/yr - ₹3.8 L/yr 58% less
Axis Bank Senior Associate Salary 1 - 6 years exp. (19 salaries)	₹1.9 L/yr - ₹4.9 L/yr 44% less
Punjab National Bank Senior Associate Salary 2 - 4 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 10% less
Bank of Baroda Senior Associate Salary 4 - 7 years exp. (3 salaries)	₹2.1 L/yr - ₹2.5 L/yr 61% less
Kotak Mahindra Bank Senior Associate Salary 1 - 7 years exp. (133 salaries)	₹1.4 L/yr - ₹4 L/yr 54% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	₹1.3 L/yr - ₹7.2 L/yr 16% less
Yes Bank Senior Associate Salary 2 - 9 years exp. (16 salaries)	₹2.7 L/yr - ₹4.3 L/yr 30% less
NatWest Group Senior Associate Salary 1 - 18 years exp. (235 salaries)	₹4.6 L/yr - ₹24 L/yr 126% more
Deutsche Bank Senior Associate Salary 4 - 10 years exp. (175 salaries)	₹7 L/yr - ₹29.6 L/yr 189% more
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Standard Chartered Senior Associate Salary 2 - 7 years exp. (123 salaries)	₹2.1 L/yr - ₹8 L/yr 12% less
Bank of America Senior Associate Salary 2 - 7 years exp. (116 salaries)	₹1.8 L/yr - ₹9.5 L/yr 22% less
Barclays Senior Associate Salary 1 - 11 years exp. (91 salaries)	₹3.6 L/yr - ₹10.6 L/yr 47% more
HSBC Global Banking and Markets Senior Associate Salary 2 - 9 years exp. (82 salaries)	₹4.8 L/yr - ₹21 L/yr 97% more
IDFC FIRST Bank Senior Associate Salary 2 - 7 years exp. (67 salaries)	₹2 L/yr - ₹5.8 L/yr 33% less
NatWest Markets Senior Associate Salary 7 - 13 years exp. (47 salaries)	₹7.2 L/yr - ₹25.6 L/yr 175% more
Equitas Small Finance Bank Senior Associate Salary 3 - 9 years exp. (7 salaries)	₹2.5 L/yr - ₹7 L/yr 35% less
Federal Bank Senior Associate Salary 4 - 8 years exp. (6 salaries)	₹6.8 L/yr - ₹9.5 L/yr 25% more
Jana Small Finance Bank Senior Associate Salary 2 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 48% less

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Senior Associate salary at IDBI Bank ranges between ₹3.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 3 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Senior Associate salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

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Salary related reviews for IDBI Bank

4.0

Rated by 1 employees for salary & benefits

Assistant Branch Banking Manager in Indore

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.

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.

Salary - Poor

+5 more

Assistant Manager in Kolkata

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 .

Skill development - Poor

+1 more

Senior Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jul 2024

4.0

for Salary and Benefits

Likes

Young demography. Salary and perks.

Salary - Good

Dislikes

You need to beg to avail your casual leave for one day. Frequent change of transfer policy. And very low probability of promotion. Transfer across the country against the request of the employee putting the personal life of employee and their family members in deep trouble. Irrational targets and pressure for third party products leaving no time to work for the core banking business. You have to forget life and do only work.

Promotions - Poor

+3 more

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Mar 2024

5.0

for Salary and Benefits

Likes

They follows IBA salary structure.So every staff gets a good salary.promotions facility are good for executive..after 3 years they promoted to Assistant manager and get a good salary.Bank cultures are good as compared to other private banks like HDFC ,ICICI etc. Leave policy and other facilities are very good for officers .

Salary - Excellent

+3 more

Dislikes

Beside salary nothing is good in this company. 1. Without proper training they send new joiners into branch and tell to do their job . 2.Most of the staffs' work locations are very far way from home locations. It's very problem for your family. 3. Higher managements are very casual and slow for their work. 4 . You could not get proper guidance from higher authority at the beginning of your job. Learning is very hard for this bank

Skill development - Bad

+1 more

Branch Head in Jabalpur

Full Time

Sales & Business Development Department

3.0

• posted on 10 Jan 2025

4.0

for Salary and Benefits

Likes

Overall it good company on the basis of salary structure

Salary - Good

+1 more

Dislikes

There is no appreciation after certain job periods specifically even more than 15 years of experience you will not get the position as per peer group company.

Skill development - Poor

see more salary related reviews

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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 Senior Associate Salary FAQs

What is the notice period for Senior Associate at IDBI Bank?

According to AmbitionBox, 100% of the IDBI Bank Senior Associates reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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IDBI Bank Senior Associate Salaries

IDBI Bank Senior Associate salary in India ranges between ₹3.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IDBI Bank latest salaries received from various employees of IDBI Bank.