Indbank Merchant Banking Services Chennai Salaries by 20+ Employees (Updated 2025)

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BFSI, Investments & Trading

Designation	Avg Annual Salary	Open Jobs
Secretarial Officer 2 - 9 years exp. · Chennai (5 salaries)	₹2.4 L/yr - ₹4.5 L/yr
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Secretarial Executive 2 - 7 years exp. · Chennai (4 salaries)	₹2 L/yr - ₹4.5 L/yr
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Senior Project Executive 10 - 15 years exp. · Chennai (3 salaries)	₹5.1 L/yr - ₹11 L/yr
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Operations Manager 9 - 10 years exp. · Chennai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Special Officer 2 years exp. · Chennai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Financial Business Analyst 5 years exp. · Chennai (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Assistant Vice President 13 years exp. · Chennai (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Lead Engineer Fresher · Chennai (AmbitionBox Estimate)	₹38.7 L/yr - ₹49.5 L/yr
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Company Secretary and Compliance Officer 12 years exp. · Chennai (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
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System Head 8 years exp. · Chennai (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Chief Financial Officer and Vice President 6 years exp. · Chennai (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Network and System Support Engineer 5 years exp. · Chennai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Senior Systems Engineer 6 years exp. · Chennai (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Dealer 7 - 11 years exp. · Chennai (4 salaries)	₹2.3 L/yr - ₹3.6 L/yr
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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Salary related reviews for Indbank Merchant Banking Services

1.7

Rated by 4 employees for salary & benefits

Management Consultant in Chennai

Contractual

BFSI, Investments & Trading Department

1.0

• posted on 15 Mar 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Many toxic CEO and CHRO ruling the party .. totally spoiling the work culture, biased , language discrimination, overall creating very bad reputation of company.. both have to be removed for company current and future growth

Salary - Poor

+6 more

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Indbank Merchant Banking Services Salary FAQs

How much does Indbank Merchant Banking Services pay to its employees?

The average annual salary at Indbank Merchant Banking Services varies depending on the role, experience, and location. The salary ranges for some popular designations at Indbank Merchant Banking Services, are as follows:

Secretarial Officer	₹2.4 Lakhs to ₹4.5 Lakhs per year
Secretarial Executive	₹2 Lakhs to ₹4.5 Lakhs per year
Senior Project Executive	₹5.1 Lakhs to ₹11 Lakhs per year
Operations Manager	₹4.5 Lakhs to ₹5.8 Lakhs per year

The highest-paying role, Company Secretary and Compliance Officer, earns between ₹14 Lakhs to ₹16 Lakhs per year. The top 10% of employees earn more than ₹14 Lakhs per year, and the top 1% earn over ₹69.2 Lakhs per year. Salaries at Indbank Merchant Banking Services 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 salary estimates are based on data from 27 salaries submitted by Indbank Merchant Banking Services employees. Indbank Merchant Banking Services is rated 1.7 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Indbank Merchant Banking Services , Chennai is INR . Salary estimates are based on 20+ Indbank Merchant Banking Services latest salaries received from various employees of Indbank Merchant Banking Services.