IDBI Bank Senior Manager Salaries by 7 Employees (Updated 2025)

4 - 14 years exp.

₹10.1 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Senior Manager Salary in Banking Companies for 4 - 14 years of experience

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Last Updated: 22 Mar 2025

Companies similar to IDBI Bank for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Yes Bank Senior Manager Salary 2 - 18 years exp. (2.3k salaries)	₹5.9 L/yr - ₹21.5 L/yr 24% less
Standard Chartered Senior Manager Salary 6 - 22 years exp. (1.9k salaries)	₹13 L/yr - ₹46.1 L/yr 72% more
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IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (1.3k salaries)	₹7 L/yr - ₹22.5 L/yr 12% less
Bank of America Senior Manager Salary 8 - 19 years exp. (574 salaries)	₹17.4 L/yr - ₹47.4 L/yr 97% more	4 job openings
AU Small Finance Bank Senior Manager Salary 4 - 18 years exp. (494 salaries)	₹6.5 L/yr - ₹22 L/yr 15% less
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (359 salaries)	₹5.3 L/yr - ₹20 L/yr 26% less	6 job openings
Canara Bank Senior Manager Salary 8 - 15 years exp. (372 salaries)	₹11 L/yr - ₹30 L/yr 31% more
Union Bank of India Senior Manager Salary 8 - 15 years exp. (251 salaries)	₹9 L/yr - ₹35 L/yr 26% more
Jana Small Finance Bank Senior Manager Salary 6 - 17 years exp. (197 salaries)	₹4 L/yr - ₹15 L/yr 42% less
Federal Bank Senior Manager Salary 6 - 15 years exp. (192 salaries)	₹10 L/yr - ₹30 L/yr 45% more
Indian Bank Senior Manager Salary 6 - 14 years exp. (189 salaries)	₹10 L/yr - ₹30 L/yr 31% more
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Bank of Maharashtra Senior Manager Salary 8 - 14 years exp. (133 salaries)	₹11.6 L/yr - ₹32 L/yr 29% more
Bank of India Senior Manager Salary 9 - 13 years exp. (131 salaries)	₹11 L/yr - ₹30 L/yr 30% more
UCO Bank Senior Manager Salary 9 - 14 years exp. (111 salaries)	₹9.4 L/yr - ₹30 L/yr 26% more
NatWest Group Senior Manager Salary 9 - 17 years exp. (98 salaries)	₹9.5 L/yr - ₹33 L/yr 23% more
Indian Overseas Bank Senior Manager Salary 8 - 18 years exp. (97 salaries)	₹9 L/yr - ₹30 L/yr 26% more
Central Bank of India Senior Manager Salary 7 - 15 years exp. (91 salaries)	₹11 L/yr - ₹25 L/yr 17% more
Ujjivan Small Finance Bank Senior Manager Salary 5 - 14 years exp. (83 salaries)	₹4 L/yr - ₹13 L/yr 52% less
Deutsche Bank Senior Manager Salary 9 - 17 years exp. (59 salaries)	₹8 L/yr - ₹23.3 L/yr At par
Equitas Small Finance Bank Senior Manager Salary 7 - 15 years exp. (46 salaries)	₹5.2 L/yr - ₹13.6 L/yr 39% less

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Senior Manager salary at IDBI Bank ranges between ₹10.1 Lakhs to ₹25 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Senior Manager salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹25 L/yr
5 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
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6 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹26.1 L/yr
7 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
8 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.3 L/yr
9 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
10 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
11 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.2 L/yr
12 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹22 L/yr
13 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹22 L/yr
14 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹20 L/yr

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Similar Designation salaries in IDBI Bank

Regional Manager Salary

(3 salaries)

₹23.4 L/yr - ₹29.9 L/yr

Deputy Manager Salary

(7 salaries)

₹2.5 L/yr - ₹9 L/yr

Sales Manager Salary

(58 salaries)

₹1.7 L/yr - ₹5.6 L/yr

Senior Sales Manager Salary

(4 salaries)

₹2.15 L/yr - ₹3.5 L/yr

Branch Manager Salary

(60 salaries)

₹10 L/yr - ₹30 L/yr

Marketing Manager Salary

(3 salaries)

₹2.3 L/yr - ₹2.9 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹17.6 L/yr - ₹22.5 L/yr

Area Sales Manager Salary

(5 salaries)

₹5.67 L/yr - ₹10 L/yr

Relationship Manager Salary

(58 salaries)

₹7.09 L/yr - ₹23 L/yr

Sales Officer Salary

(47 salaries)

₹1.45 L/yr - ₹3.5 L/yr

Salary related reviews for IDBI Bank

4.0

Rated by 1 employees for salary & benefits

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

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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 Senior Manager Salary FAQs

What is the salary of Senior Manager at IDBI Bank ?

The average salary of a Senior Manager at IDBI Bank in India typically ranges from ₹10.1 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Senior Manager at IDBI Bank earn more than ₹24.4 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Senior 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 7 IDBI Bank employees in India.

What is the estimated take home salary of a Senior Manager at IDBI Bank in India?

The estimated take-home salary of a Senior Manager at IDBI Bank in India typically ranges from ₹1,11,289 to ₹1,14,376 per month. This is based on the average salary range of ₹10.1 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 4 years to 14 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 7 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 Senior Manager in India?

Bank of America	₹17.4 Lakhs to ₹47.4 Lakhs per year
Standard Chartered	₹13.0 Lakhs to ₹46.1 Lakhs per year
Reserve Bank of India	₹25.0 Lakhs to ₹35.0 Lakhs per year
HSBC Global Banking and Markets	₹17.0 Lakhs to ₹31.6 Lakhs per year
Federal Bank	₹10.0 Lakhs to ₹30.0 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 Senior Manager in companies similar to IDBI Bank in India?

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

Indian Bank	₹10.0 Lakhs to ₹30.0 Lakhs per year
Canara Bank	₹11.0 Lakhs to ₹30.0 Lakhs per year
Bank of India	₹11.0 Lakhs to ₹30.0 Lakhs per year
J&K Bank	₹18.8 Lakhs to ₹22.5 Lakhs per year
Bank of Maharashtra	₹11.6 Lakhs to ₹32.0 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 Senior Manager at IDBI Bank in India?

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

Experience	Average Salary Range
4 years	₹5.6 Lakhs to ₹25.0 Lakhs per year
5 years	₹12.8 Lakhs to ₹16.4 Lakhs per year
6 years	₹10.1 Lakhs to ₹26.1 Lakhs per year
7 years	₹13.3 Lakhs to ₹17.0 Lakhs per year

and so on.

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IDBI Bank Senior Manager Salaries

IDBI Bank Senior Manager salary in India ranges between ₹10.1 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IDBI Bank latest salaries received from various employees of IDBI Bank.