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IDBI Bank Sr BDO salaries in India

Annual salary range
1 - 4 years exp.
₹1.3 Lakh - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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37% less than the average Sr BDO Salary in Banking Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sr BDO Salary
1 year exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.4 L/yr

Finance & Accounting
Sr BDO Salary
4 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.8 L/yr

Marketing & Communication
Sr BDO Salary
1 year exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 1 Sep 2024

Companies similar to IDBI Bank for Sr BDO

Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Sr BDO Salary

0 - 6 years exp. (55 salaries)

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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 22% more
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Equitas Small Finance Bank Sr BDO Salary

1 - 4 years exp. (5 salaries)

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₹2.8 L/yr - ₹3.4 L/yr

arrow icon 52% more
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Fusion Microfinance Sr BDO Salary

4 - 7 years exp. (17 salaries)

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₹2.9 L/yr - ₹5 L/yr

arrow icon 87% more
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Buzzworks Business Services Sr BDO Salary

0 - 5 years exp. (17 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 19% more
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Kotak Mahindra Bank Sr BDO Salary

3 - 6 years exp. (5 salaries)

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₹4 L/yr - ₹8 L/yr

arrow icon 184% more
Sr BDO salary at IDBI Bank ranges between ₹1.3 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Sr BDO

4mo ago
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1 year exp.
1y ago
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4 years exp.
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1 year exp.
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4 years exp.

Experience wise IDBI Bank Sr BDO salaries

Last Updated: 1 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.3 L/yr - ₹1.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3 L/yr

Salary related reviews for IDBI Bank

3.2

Rated by 2 employees for salary & benefits

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.

read more
  • 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.

read more
  • Salary - Poor
  • +5 more

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 .

read more
  • Skill development - Poor
  • +1 more

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.

read more
  • Promotions - Poor
  • +3 more

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 .

read more
  • 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

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  • Skill development - Bad
  • +1 more

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.

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  • Skill development - Poor
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IDBI Bank Sr BDO Salary FAQs

What is the salary of Sr BDO at IDBI Bank ?
The average salary of a Sr BDO at IDBI Bank in India typically ranges from ₹1.3 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Sr BDO at IDBI Bank earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Sr BDO 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 Sr BDO at IDBI Bank in India?
The estimated take-home salary of a Sr BDO at IDBI Bank in India typically ranges from ₹13,948 to ₹15,425 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 4 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.
Which companies offer higher salaries than IDBI Bank for Sr BDO in India?
Kotak Mahindra Bank ₹4.0 Lakhs to ₹8.0 Lakhs per year
Fusion Microfinance ₹2.9 Lakhs to ₹5.0 Lakhs per year
Equitas Small Finance Bank ₹2.8 Lakhs to ₹3.4 Lakhs per year
IDFC FIRST Bank ₹1.5 Lakhs to ₹4.3 Lakhs per year
Buzzworks Business Services ₹1.5 Lakhs to ₹3.0 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.
How the salary growth look like for a Sr BDO at IDBI Bank in India?
The salary growth for a Sr BDO at IDBI Bank depends on factors such as experience, performance, and promotions. On average, a Sr BDO can expect the following growth trajectory at IDBI Bank:

Experience Average Salary Range
1 year ₹1.3 Lakhs to ₹1.5 Lakhs per year
2 years ₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years ₹2.0 Lakhs to ₹2.6 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.0 Lakhs per year
and so on.

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IDBI Bank Sr BDO salary in India ranges between ₹1.3 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IDBI Bank latest salaries received from various employees of IDBI Bank.