IDBI Capital Sales Associate Salaries by 4 Employees

8 - 10 years exp.

₹2 Lakhs - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Sales Associate Salary in Financial Services Companies for 8 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Associate Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.8 L/yr
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Merchandising, Retail & eCommerce Sales Associate Salary 9 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 11 Oct 2023

Companies similar to IDBI Capital for Sales Associate

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Sales Associate Salary 0 - 6 years exp. (4 salaries)	₹1.9 L/yr - ₹3.5 L/yr 10% more
Sharekhan Sales Associate Salary 0 - 2 years exp. (4 salaries)	₹2.6 L/yr - ₹3.7 L/yr 26% more	1 job opening
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Angel One Sales Associate Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 1% less
Edelweiss Sales Associate Salary 7 years exp. (3 salaries)	₹6 L/yr - ₹6.4 L/yr 150% more
PolicyBazaar Sales Associate Salary 0 - 6 years exp. (383 salaries)	₹1.5 L/yr - ₹5.2 L/yr 35% more	3 job openings

Sales Associate salary at IDBI Capital ranges between ₹2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Capital.

Experience wise IDBI Capital Sales Associate salaries

Last Updated: 11 Oct 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in IDBI Capital

Sales Executive Salary

(13 salaries)

₹1.7 L/yr - ₹3.6 L/yr

Sales Officer Salary

(12 salaries)

₹1 L/yr - ₹2.6 L/yr

Sales Manager Salary

(9 salaries)

₹3.72 L/yr - ₹6.5 L/yr

Team Lead Salary

(8 salaries)

₹2.4 L/yr - ₹5 L/yr

Area Sales Manager Salary

(12 salaries)

₹4.05 L/yr - ₹10 L/yr

Deputy Manager Salary

(19 salaries)

₹5.5 L/yr - ₹11 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Relationship Manager Salary

(57 salaries)

₹2 L/yr - ₹5.35 L/yr

Relationship Officer Salary

(4 salaries)

₹2.25 L/yr - ₹3 L/yr

Territory Sales Manager Salary

(3 salaries)

₹4.3 L/yr - ₹7.1 L/yr

Salary related reviews for IDBI Capital

2.0

Rated by 1 employees for salary & benefits

Sales Executive in Allahabd

Full Time

Other Department

5.0

• posted on 17 Oct 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. Company policies are Good.

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. On the job training is not given to New joiners.

Sales Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Jul 2023

1.0

for Salary and Benefits

Likes

Company atmosphere is good.

Job security - Excellent

Dislikes

Tech part is very down. Process of service is very slow. Branches are very less. Sales executive more hiring is required. All saturday are working. They promote to those who have jack in company.

Salary - Bad

+1 more

Relationship Officer in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 Nov 2022

3.0

for Salary and Benefits

Likes

I worked with idbi capital in Bhubaneswar branch both the SM & ASM are co operative, every day is a new challenge here and every day you learn some things new .. overall TL is very supportive, little bit pressure but the end it's good for us

Skill development - Excellent

+5 more

Dislikes

Nothing

Sales Officer in Bhubaneswar

Marketing & Communication Department

1.0

• posted on 18 Jun 2022

1.0

for Salary and Benefits

Likes

Most worst company i would say,full of politics, poor behavior with lower level, lack of recognition, no matter you will achieve your 100% target still they will insult you in front of everyone, lack of transparency with employees . I'm reporting to Bbsr Idbi Capital branch here u will find Nihar n Jyoti Ranjan beura both are worst employer. Even if u want leave you have to pay money for it to Jyoti Ranjan for everything he will demand for money. Please guys never ever join this company, i worked with them almost 8 month they made my life hell. finally I got a new job but now they are denying for my relieving letter also and also said rubbish thing to my new HR. What i will say....worst means worst every single day you will feel like hell.

Dislikes

Rather you can say what I like on it hate this company that's it .............

Salary - Bad

+6 more

Sales Executive in Bhubaneswar

Sales & Operations Department

1.0

• posted on 22 Jun 2022

1.0

for Salary and Benefits

Likes

Worst company ever worked with

Dislikes

The worst organization I ever worked with.. no support from superiors..full of politics..no recognition no appreciation after your better performance nothing.mentally harassment and completely unsafe for girls

Salary - Bad

+6 more

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IDBI Capital Sales Associate Salary FAQs

What is the salary of Sales Associate at IDBI Capital ?

The average salary of a Sales Associate at IDBI Capital in India typically ranges from ₹2.0 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of Sales Associate at IDBI Capital earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Sales Associate Salaries at IDBI Capital 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 Capital employees in India.

What is the estimated take home salary of a Sales Associate at IDBI Capital in India?

The estimated take-home salary of a Sales Associate at IDBI Capital in India typically ranges from ₹17,401 to ₹19,103 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 8 years to 10 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 Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDBI Capital for Sales Associate in India?

Edelweiss	₹6.0 Lakhs to ₹6.4 Lakhs per year
PolicyBazaar	₹1.5 Lakhs to ₹5.2 Lakhs per year
Sharekhan	₹2.6 Lakhs to ₹3.7 Lakhs per year
Kotak Securities	₹1.9 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDBI Capital, depending on the role and experience level.

What is the salary of a Sales Associate in companies similar to IDBI Capital in India?

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

Angel One

₹2.0 Lakhs to ₹3.0 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 Sales Associate at IDBI Capital in India?

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

Experience	Average Salary Range
8 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
9 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
10 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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IDBI Capital Sales Associate Salaries

IDBI Capital Sales Associate salary in India ranges between ₹2 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDBI Capital latest salaries received from various employees of IDBI Capital.