IDBI Bank Service Executive Salaries by 6 Employees (Updated 2024)

1 - 4 years exp.

₹1.2 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Service Executive Salary in Banking Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Service Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
Customer Success, Service & Operations Service Executive Salary 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
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Finance & Accounting Service Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
IT & Information Security Service Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 15 Feb 2024

Companies similar to IDBI Bank for Service Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Service Executive Salary 1 - 4 years exp. (20 salaries)	₹2 L/yr - ₹3.5 L/yr 17% more
ICICI Bank Service Executive Salary 0 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹4 L/yr 15% more
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Axis Bank Service Executive Salary 0 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹2.9 L/yr 14% more
IndusInd Bank Service Executive Salary 1 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹3.2 L/yr 27% more
Yes Bank Service Executive Salary 1 - 6 years exp. (5 salaries)	₹3 L/yr - ₹3.5 L/yr 51% more
IDFC FIRST Bank Service Executive Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹4.5 L/yr 41% more

Service Executive salary at IDBI Bank ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Service Executive salaries

Last Updated: 15 Feb 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹2.2 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.5 L/yr

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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

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.,

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.

Customer Service Associate

Full Time

CBD Belapur Department

5.0

• posted on 30 Oct 2022

1.0

for Salary and Benefits

Likes

I am working for idbi Intech for last 4 years as a Phone Banking Officer . I have learn all banking products or how to talk to customer or develop communication skills or lots of things I have learn & this is not counted for money because If you have learn banking knowledge then no one can bit you & also your educate to another person .

Dislikes

salary not increment . if you need to comfort zone & lots of family or work life balance then only you can join but if you need money or promotion or Dreams so please don't join .

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

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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 Service Executive Salary FAQs

What is the salary of Service Executive at IDBI Bank?

Service Executive salary at IDBI Bank in India ranges between ₹1.2 Lakhs to ₹3.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 40% less than the average Service Executive Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IDBI Bank India.

How does the salary of a Service Executive at IDBI Bank India compare with the average salary range for this job?

The average salary of a Service Executive at IDBI Bank is 40% less than the average salary of a Service Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDBI Bank to a Service Executive in India?

Yes Bank Service Executive Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
IDFC FIRST Bank Service Executive Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
IndusInd Bank Service Executive Salary - ₹2.3 Lakhs to ₹3.2 Lakhs per year
HDFC Bank Service Executive Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
ICICI Bank Service Executive Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year

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

Axis Bank Service Executive Salary - ₹1.8 Lakhs to ₹2.9 Lakhs per year

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

The estimated take-home salary of a Service Executive at IDBI Bank ranges between ₹14,577 per month to ₹16,107 per month in India. The take-home salary calculation is based on the average IDBI Bank Service Executive salary in India which ranges between ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Service Executive at IDBI Bank?

According to AmbitionBox, 67% of the IDBI Bank Service Executives reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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IDBI Bank Service Executive Salaries

IDBI Bank Service Executive salary in India ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDBI Bank latest salaries received from various employees of IDBI Bank.