IDBI Bank Territory Sales Manager Salaries by 30+ Employees (Updated 2024)

7 - 15 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Salary of majority employees

38% less than the average Territory Sales Manager Salary in Banking Companies for 7 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Sales Manager Salary 8 - 15 years exp. (13 salaries)	₹3.4 L/yr - ₹6.5 L/yr
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Sales & Business Development Territory Sales Manager Salary 7 - 15 years exp. (11 salaries)	₹3.4 L/yr - ₹5.5 L/yr

Last Updated: 15 Oct 2024

Companies similar to IDBI Bank for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Territory Sales Manager Salary 7 - 8 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr 41% more
HDFC Bank Territory Sales Manager Salary 4 - 13 years exp. (23 salaries)	₹5 L/yr - ₹15.5 L/yr 89% more
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ICICI Bank Territory Sales Manager Salary 0 - 12 years exp. (134 salaries)	₹1.8 L/yr - ₹7.8 L/yr 14% less
Axis Bank Territory Sales Manager Salary 4 - 12 years exp. (5 salaries)	₹5.9 L/yr - ₹9 L/yr 27% more
Bank of Baroda Territory Sales Manager Salary 3 - 15 years exp. (7 salaries)	₹4.3 L/yr - ₹9.5 L/yr 51% more
Kotak Mahindra Bank Territory Sales Manager Salary 6 - 13 years exp. (64 salaries)	₹3.8 L/yr - ₹9.9 L/yr 35% more
IndusInd Bank Territory Sales Manager Salary 6 - 10 years exp. (4 salaries)	₹4.8 L/yr - ₹8.4 L/yr 41% more
Yes Bank Territory Sales Manager Salary 6 - 15 years exp. (4 salaries)	₹2.9 L/yr - ₹7.5 L/yr 14% more
IDFC FIRST Bank Territory Sales Manager Salary 1 - 12 years exp. (870 salaries)	₹3.5 L/yr - ₹12.1 L/yr 77% more	5 job openings
Equitas Small Finance Bank Territory Sales Manager Salary 9 - 18 years exp. (10 salaries)	₹12 L/yr - ₹16 L/yr 192% more
Jana Small Finance Bank Territory Sales Manager Salary 2 - 13 years exp. (6 salaries)	₹7 L/yr - ₹16 L/yr 131% more
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Federal Bank Territory Sales Manager Salary 5 - 10 years exp. (5 salaries)	₹11 L/yr - ₹26 L/yr 263% more
Deutsche Bank Territory Sales Manager Salary 5 - 11 years exp. (5 salaries)	₹5 L/yr - ₹9.5 L/yr 54% more
AU Small Finance Bank Territory Sales Manager Salary 6 - 14 years exp. (4 salaries)	₹5 L/yr - ₹10.8 L/yr 76% more
Standard Chartered Territory Sales Manager Salary 7 - 18 years exp. (3 salaries)	₹5 L/yr - ₹10.5 L/yr 59% more

Territory Sales Manager salary at IDBI Bank ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 34 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Territory Sales Manager salaries

Last Updated: 15 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹8.2 L/yr
8 years (4 salaries)	₹4 L/yr - ₹6 L/yr
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9 years (5 salaries)	₹3 L/yr - ₹5.1 L/yr
10 years (6 salaries)	₹3.4 L/yr - ₹6.5 L/yr
11 years (4 salaries)	₹3.6 L/yr - ₹5.3 L/yr
12 years (3 salaries)	₹4.2 L/yr - ₹5.5 L/yr
13 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.5 L/yr
14 years (4 salaries)	₹4.6 L/yr - ₹5.1 L/yr
15+ years (4 salaries)	₹4.2 L/yr - ₹5.4 L/yr

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Similar Designation salaries in IDBI Bank

Senior Sales Manager Salary

(5 salaries)

₹2.15 L/yr - ₹3.5 L/yr

Senior Territory Sales Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Area Sales Manager Salary

(5 salaries)

₹5.67 L/yr - ₹10 L/yr

Territory Sales Executive Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Senior Sales Officer Salary

(27 salaries)

₹1 L/yr - ₹3.3 L/yr

Sales Manager Salary

(68 salaries)

₹1.7 L/yr - ₹5.6 L/yr

Deputy Manager Salary

(7 salaries)

₹2.5 L/yr - ₹9 L/yr

Relationship Manager Salary

(70 salaries)

₹6.63 L/yr - ₹23 L/yr

Senior Sales Executive Salary

(198 salaries)

₹1.6 L/yr - ₹4 L/yr

Salary related reviews for IDBI Bank

3.0

Rated by 17 employees for salary & benefits

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.

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

Sales Officer in Mumbai

Finance & Accounting Department

5.0

• posted on 14 Jul 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary 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. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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.

Dislikes

Nothing to say dislike about idbi bank.

see more salary related reviews

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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 Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at IDBI Bank?

Territory Sales Manager salary at IDBI Bank in India ranges between ₹3.0 Lakhs to ₹6.5 Lakhs for experience between 7 years to 15 years. According to our estimates it is 38% less than the average Territory Sales Manager Salary in India. Salary estimates are based on 34 latest salaries received from various employees of IDBI Bank India.

How does the salary of a Territory Sales Manager at IDBI Bank India compare with the average salary range for this job?

The average salary of a Territory Sales Manager at IDBI Bank is 38% less than the average salary of a Territory Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDBI Bank to a Territory Sales Manager in India?

Federal Bank Territory Sales Manager Salary - ₹11.0 Lakhs to ₹26.0 Lakhs per year
Equitas Small Finance Bank Territory Sales Manager Salary - ₹12.0 Lakhs to ₹16.0 Lakhs per year
Jana Small Finance Bank Territory Sales Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
HDFC Bank Territory Sales Manager Salary - ₹5.0 Lakhs to ₹15.5 Lakhs per year
IDFC FIRST Bank Territory Sales Manager Salary - ₹3.5 Lakhs to ₹12.1 Lakhs per year

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

AU Small Finance Bank Territory Sales Manager Salary - ₹5.0 Lakhs to ₹10.8 Lakhs per year
Standard Chartered Territory Sales Manager Salary - ₹5.0 Lakhs to ₹10.5 Lakhs per year
Deutsche Bank Territory Sales Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
Bank of Baroda Territory Sales Manager Salary - ₹4.3 Lakhs to ₹9.5 Lakhs per year
State Bank of India Territory Sales Manager Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year

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

The estimated take-home salary of a Territory Sales Manager at IDBI Bank ranges between ₹35,277 per month to ₹36,512 per month in India. The take-home salary calculation is based on the average IDBI Bank Territory Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Territory Sales Manager at IDBI Bank?

According to AmbitionBox, 61% of the IDBI Bank Territory Sales Managers reported a notice period of 1 Month, 35% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 28 responses on AmbitionBox in last 2 years.

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IDBI Bank Territory Sales Manager Salaries

IDBI Bank Territory Sales Manager salary in India ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 IDBI Bank latest salaries received from various employees of IDBI Bank.