IDBI Bank Chennai Service Operations Manager Salaries by 4 Employees

8 - 12 years exp.

₹12 Lakhs - ₹16 Lakhs

Salary of majority employees

45% more than the average Service Operations Manager Salary in Banking Companies for 8 - 12 years of experience

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Last Updated: 3 Aug 2023

Companies similar to IDBI Bank for Service Operations Manager in Chennai

IDBI Bank Service Operations Manager Salary

8 - 12 years exp. (4 salaries)

₹12 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
Equitas Small Finance Bank Service Operations Manager Salary 8 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹6.4 L/yr 58% less	3 job openings
Ivy Mobility Solutions Service Operations Manager Salary 11 - 16 years exp. (7 salaries)	₹9.3 L/yr - ₹13.7 L/yr 17% less
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IBM Service Operations Manager Salary 4 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹10.5 L/yr 34% less
Vision India Services Service Operations Manager Salary 12 - 16 years exp. (3 salaries)	₹8.8 L/yr - ₹9.2 L/yr 37% less
DCB Bank Service Operations Manager Salary 3 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹4 L/yr 73% less

Service Operations Manager salary at IDBI Bank ranges between ₹12 Lakhs to ₹16 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Service Operations Manager salaries in Chennai

Last Updated: 3 Aug 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr
9 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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10 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
11 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr
12 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr

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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.

Assistant General Manager in Mumbai

Data Science & Analytics Department

3.0

• posted on 21 Aug 2019

3.0

for Salary and Benefits

Likes

Job security, Less pressure than other Private players, Compensation is good as per industry average.

Job security - Excellent

+1 more

Dislikes

IDBI was a PSU when I joined, now afterstake sale to LIC the bank has become private. Bank is suffering due to Big NPA accounts and Promotion opportunities are very scarce.

Promotions - Bad

+2 more

Back Office Assistant in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 18 Jan 2019

2.0

for Salary and Benefits

Likes

There is no opportunities for growth..there is no sufficent salary as per the work.

Skill development - Good

+1 more

Dislikes

... party consultant.they did not give us promotion by our hard work or experince..no salary increments..and other benefits also..

Salary - Poor

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

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 Operations Manager Salary FAQs

What is the salary of Service Operations Manager at IDBI Bank in Chennai?

The average salary of a Service Operations Manager at IDBI Bank in Chennai typically ranges from ₹12.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Service Operations Manager in Chennai at IDBI Bank earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Service Operations 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 Operations Manager at IDBI Bank in Chennai?

The estimated take-home salary of a Service Operations Manager at IDBI Bank in Chennai typically ranges from ₹98,568 to ₹1,01,243 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 8 years to 12 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 Operations Manager in companies similar to IDBI Bank in Chennai?

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

Ivy Mobility Solutions	₹9.3 Lakhs to ₹13.7 Lakhs per year
IBM	₹4.2 Lakhs to ₹10.5 Lakhs per year
Vision India Services	₹8.8 Lakhs to ₹9.2 Lakhs per year
Equitas Small Finance Bank	₹5.5 Lakhs to ₹6.4 Lakhs per year
DCB Bank	₹3.5 Lakhs to ₹4.0 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 Operations Manager at IDBI Bank in Chennai?

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

Experience	Average Salary Range
8 years	₹12.4 Lakhs to ₹15.9 Lakhs per year
9 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
10 years	₹12.8 Lakhs to ₹16.4 Lakhs per year
11 years	₹13.0 Lakhs to ₹16.7 Lakhs per year

and so on.

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IDBI Bank Service Operations Manager Salaries in Chennai

IDBI Bank Service Operations Manager salary in Chennai ranges between ₹12 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDBI Bank latest salaries received from various employees of IDBI Bank.