IDBI Bank Software Developer Salaries by 6 Employees

0 - 9 years exp.

₹3.3 Lakhs - ₹10.5 Lakhs

Low Confidence

Salary of majority employees

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5% less than the average Software Developer Salary in Banking Companies for 0 - 9 years of experience

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Last Updated: 14 Sep 2024

Companies similar to IDBI Bank for Software Developer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Software Developer Salary 2 - 11 years exp. (13 salaries)	Unlock ₹5 L/yr - ₹20 L/yr 53% more
HDFC Bank Software Developer Salary 1 - 8 years exp. (131 salaries)	Unlock ₹9.9 L/yr - ₹18.1 L/yr 48% more
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ICICI Bank Software Developer Salary 1 - 6 years exp. (43 salaries)	Unlock ₹2 L/yr - ₹6.9 L/yr 9% less
Axis Bank Software Developer Salary 0 - 4 years exp. (53 salaries)	Unlock ₹3.5 L/yr - ₹12.5 L/yr 14% more
Punjab National Bank Software Developer Salary 1 - 4 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹4 L/yr 50% less
Bank of Baroda Software Developer Salary 2 - 5 years exp. (5 salaries)	Unlock ₹4.8 L/yr - ₹9.8 L/yr 17% less
Canara Bank Software Developer Salary 0 - 3 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹12.5 L/yr 7% less
Kotak Mahindra Bank Software Developer Salary 1 - 5 years exp. (36 salaries)	Unlock ₹8.8 L/yr - ₹31.6 L/yr 143% more
IndusInd Bank Software Developer Salary 1 - 8 years exp. (20 salaries)	Unlock ₹5 L/yr - ₹17 L/yr 27% more
Yes Bank Software Developer Salary 0 - 3 years exp. (7 salaries)	Unlock ₹3 L/yr - ₹8 L/yr 24% less
Barclays Software Developer Salary 0 - 6 years exp. (409 salaries)	Unlock ₹8 L/yr - ₹23 L/yr 115% more
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Standard Chartered Software Developer Salary 1 - 10 years exp. (199 salaries)	Unlock ₹15.7 L/yr - ₹25 L/yr 110% more
Bank of America Software Developer Salary 1 - 10 years exp. (157 salaries)	Unlock ₹6 L/yr - ₹24.8 L/yr 93% more
NatWest Group Software Developer Salary 0 - 9 years exp. (96 salaries)	Unlock ₹7.7 L/yr - ₹27.9 L/yr 136% more
Deutsche Bank Software Developer Salary 0 - 4 years exp. (89 salaries)	Unlock ₹9 L/yr - ₹25 L/yr 154% more
IDFC FIRST Bank Software Developer Salary 0 - 5 years exp. (62 salaries)	Unlock ₹5.7 L/yr - ₹25 L/yr 86% more
AU Small Finance Bank Software Developer Salary 1 - 3 years exp. (17 salaries)	Unlock ₹4.5 L/yr - ₹12.4 L/yr 7% more
NatWest Markets Software Developer Salary 0 - 12 years exp. (8 salaries)	Unlock ₹6.5 L/yr - ₹17 L/yr 64% more
Equitas Small Finance Bank Software Developer Salary 1 year exp. (6 salaries)	Unlock ₹3.2 L/yr - ₹6 L/yr 40% less
HSBC Global Banking and Markets Software Developer Salary 1 - 8 years exp. (6 salaries)	Unlock ₹9.5 L/yr - ₹25 L/yr 111% more

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Software Developer salary at IDBI Bank ranges between ₹3.3 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 6 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Software Developer salaries

Last Updated: 14 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹13.1 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹6.6 L/yr - ₹8.4 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹6.7 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹6.7 L/yr - ₹8.6 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹6.8 L/yr - ₹8.7 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹6.8 L/yr - ₹8.7 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹10.5 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹10.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹10.5 L/yr

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Salary related reviews for IDBI Bank

3.0

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 team... read more

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IDBI Bank Software Developer Salary FAQs

What is the salary of Software Developer at IDBI Bank?

Software Developer salary at IDBI Bank in India ranges between ₹3.3 Lakhs to ₹10.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 5% less than the average Software Developer 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 Software Developer at IDBI Bank India compare with the average salary range for this job?

The average salary of a Software Developer at IDBI Bank is 5% less than the average salary of a Software Developer in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDBI Bank to a Software Developer in India?

Deutsche Bank Software Developer Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank Software Developer Salary - ₹8.8 Lakhs to ₹31.6 Lakhs per year
NatWest Group Software Developer Salary - ₹7.7 Lakhs to ₹27.9 Lakhs per year
Barclays Software Developer Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year
HSBC Global Banking and Markets Software Developer Salary - ₹9.5 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Software Developer in companies similar to IDBI Bank in India?

Standard Chartered Software Developer Salary - ₹15.7 Lakhs to ₹25.0 Lakhs per year
Bank of America Software Developer Salary - ₹6.0 Lakhs to ₹24.8 Lakhs per year
IDFC FIRST Bank Software Developer Salary - ₹5.7 Lakhs to ₹25.0 Lakhs per year
NatWest Markets Software Developer Salary - ₹6.5 Lakhs to ₹17.0 Lakhs per year
State Bank of India Software Developer Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Software Developer at IDBI Bank in India?

The estimated take-home salary of a Software Developer at IDBI Bank ranges between ₹55,780 per month to ₹57,177 per month in India. The take-home salary calculation is based on the average IDBI Bank Software Developer salary in India which ranges between ₹3.3 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Software Developer at IDBI Bank?

According to AmbitionBox, 67% of the IDBI Bank Software Developers reported a notice period of 3 Months, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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IDBI Bank Software Developer Salaries

IDBI Bank Software Developer salary in India ranges between ₹3.3 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDBI Bank latest salaries received from various employees of IDBI Bank.