IDBI Bank Service Manager Salaries by 4 Employees

9 - 14 years exp.

₹12 Lakhs - ₹25.3 Lakhs

Low Confidence

Salary of majority employees

139% more than the average Service Manager Salary in Banking Companies for 9 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Service Manager Salary 9 - 13 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹25.3 L/yr
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Administration & Facilities Service Manager Salary 14 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 22 Nov 2023

Companies similar to IDBI Bank for Service Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Service Manager Salary 2 - 14 years exp. (82 salaries)	₹4 L/yr - ₹13.2 L/yr 59% less
IndusInd Bank Service Manager Salary 2 - 6 years exp. (73 salaries)	₹3 L/yr - ₹6 L/yr 77% less	3 job openings
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Yes Bank Service Manager Salary 2 - 9 years exp. (19 salaries)	₹3 L/yr - ₹9 L/yr 72% less
IDFC FIRST Bank Service Manager Salary 4 - 9 years exp. (16 salaries)	₹3.5 L/yr - ₹9 L/yr 73% less
Deutsche Bank Service Manager Salary 4 - 11 years exp. (16 salaries)	₹5.2 L/yr - ₹14.5 L/yr 49% less
Barclays Service Manager Salary 1 - 20 years exp. (10 salaries)	₹10 L/yr - ₹24.3 L/yr 11% less
AU Small Finance Bank Service Manager Salary 0 - 10 years exp. (9 salaries)	₹3.5 L/yr - ₹10 L/yr 72% less
NatWest Group Service Manager Salary 3 - 18 years exp. (7 salaries)	₹2.1 L/yr - ₹26.8 L/yr 34% less
Equitas Small Finance Bank Service Manager Salary 1 - 9 years exp. (4 salaries)	₹3 L/yr - ₹3.3 L/yr 84% less

Service Manager salary at IDBI Bank ranges between ₹12 Lakhs to ₹25.3 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Service Manager salaries

Last Updated: 22 Nov 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
13 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹26 L/yr
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14 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr

Similar Designation salaries in IDBI Bank

Service Advisor Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Center Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 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

Customer Service Manager Salary

(3 salaries)

₹12 L/yr - ₹20.8 L/yr

Sales Executive Salary

(181 salaries)

₹1.05 L/yr - ₹3.5 L/yr

Customer Relationship Manager Salary

(4 salaries)

₹2.5 L/yr - ₹3.15 L/yr

Salary related reviews for IDBI Bank

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 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.

Sales Executive in Raipur

Sales & Marketing Department

3.0

• posted on 09 May 2021

2.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and the management is tranparent. There is a huge cafeteria and gaming arcade for chilling

Skill development - Good

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow

Salary - Poor

+3 more

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

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 Service Manager Salary FAQs

What is the salary of Service Manager at IDBI Bank ?

The average salary of a Service Manager at IDBI Bank in India typically ranges from ₹12.0 Lakhs to ₹25.3 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Service Manager at IDBI Bank earn more than ₹25.3 Lakhs per year, and the top 1% earn over ₹25.3 Lakhs per year. Service 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 4 IDBI Bank employees in India.

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

The estimated take-home salary of a Service Manager at IDBI Bank in India typically ranges from ₹1,28,087 to ₹1,32,421 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹25.3 Lakhs per year for employees with experience ranging from 9 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 4 salaries received from various employees of IDBI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Barclays	₹10.0 Lakhs to ₹24.3 Lakhs per year
NatWest Group	₹2.1 Lakhs to ₹26.8 Lakhs per year
Deutsche Bank	₹5.2 Lakhs to ₹14.5 Lakhs per year
Standard Chartered	₹4.0 Lakhs to ₹13.2 Lakhs per year
Yes Bank	₹3.0 Lakhs to ₹9.0 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 Service Manager at IDBI Bank in India?

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

Experience	Average Salary Range
9 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
13 years	₹20.4 Lakhs to ₹26.0 Lakhs per year
14 years	₹18.0 Lakhs to ₹23.0 Lakhs per year

and so on.

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IDBI Bank Service Manager Salaries

IDBI Bank Service Manager salary in India ranges between ₹12 Lakhs to ₹25.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDBI Bank latest salaries received from various employees of IDBI Bank.