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Indian Bank

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3.4

based on 375 Reviews

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Indian Bank Salaries in India (Updated 2025)

based on 1.7k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Data Science & Analytics + 6 more
Designation Avg Annual Salary Open Jobs

Branch Manager

6 - 12 years exp. (80 salaries)
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₹6 L/yr - ₹21.9 L/yr

Chief Manager

10 - 18 years exp. (72 salaries)
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₹12.5 L/yr - ₹40 L/yr

Credit Manager

0 - 9 years exp. (40 salaries)
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₹9 L/yr - ₹17 L/yr

Clerk

0 - 30 years exp. (25 salaries)
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₹2 L/yr - ₹9.4 L/yr

Starting your career? Discover Indian Bank fresher salaries in India

Assistant Branch Manager

3 - 12 years exp. (21 salaries)
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₹7.5 L/yr - ₹13 L/yr

Senior Manager Credit

5 - 13 years exp. (19 salaries)
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₹14.2 L/yr - ₹21.5 L/yr

Branch Head

6 - 15 years exp. (17 salaries)
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₹9.1 L/yr - ₹25 L/yr

Bank Manager

1 - 14 years exp. (12 salaries)
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₹6 L/yr - ₹20 L/yr

Assistant General Manager

17 - 32 years exp. (11 salaries)
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₹25.6 L/yr - ₹50 L/yr

Banking Officer

0 - 13 years exp. (11 salaries)
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₹5.9 L/yr - ₹16.6 L/yr

Sub Staff

2 - 6 years exp. (11 salaries)
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₹1.1 L/yr - ₹2.5 L/yr

Credit Analyst

0 - 11 years exp. (10 salaries)
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₹9 L/yr - ₹15.5 L/yr

Chief Manager Credit

12 - 27 years exp. (10 salaries)
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₹17.2 L/yr - ₹35 L/yr

Probationary Officer

0 - 2 years exp. (9 salaries)
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₹5 L/yr - ₹10 L/yr

IT Manager

6 - 13 years exp. (8 salaries)
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₹8 L/yr - ₹20 L/yr

SAS Programmer

1 - 3 years exp. (8 salaries)
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₹3.5 L/yr - ₹4.9 L/yr

Risk Manager

5 - 9 years exp. (8 salaries)
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₹12 L/yr - ₹20 L/yr

Business Correspondent

1 - 9 years exp. (8 salaries)
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₹1.2 L/yr - ₹3 L/yr

Officer

6 - 10 years exp. (8 salaries)
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₹8.5 L/yr - ₹10.9 L/yr

Deputy General Manager

23 - 31 years exp. (7 salaries)
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₹15.6 L/yr - ₹50 L/yr

Last Updated: 22 Mar, 2025

What people are saying about Indian Bank

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mag123
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6d
works at
Indian Bank
Seeking job for 25L/annum
I am currently working in indian bank. I am drawing 18 L /annum , has 10 year work experience, previously worked in TCS for 2.5 years, I am currently looking for a job which will pay minimum 25 L / annum with better work/life balance. Which job should I seek?
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Salary related reviews for Indian Bank

3.4

Rated by 375 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 28 Nov 2024
5.0
 for  Salary and Benefits

Likes

Job security, good pay, ability to gain knowledge and connections.

  • Salary - Excellent
    • +4 more

Dislikes

Impossible targets, harassing in meeting stating transfers, expecting to work overtime even on holidays, unapproachable and unheedful HR personnel.

read more
  • Company culture - Poor

Assistant Manager in Nadia

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 24 Jul 2024
4.0
 for  Salary and Benefits

Likes

Salary and allowances are decent. And if you are lucky enough to get a good manager, you life will be good.

read more
  • Salary - Good
    • +1 more

Dislikes

Extremely bad work culture. Huge burden of targets, even new joinees are not spared! They won't give you an opportunity to learn, they only care about their business figures! Bad postings in unlivable rural areas. Yes perks and allowances are good, but often times you have to beg them to get those. Corrupt practices undertaken by HRM section, people of certain communities are given preference over the other. And if you dare to raise your voice against such injustice, you will be harassed even more.

read more
  • Skill development - Poor
    • +4 more

Assistant Branch Manager in Arambagh

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 23 Mar 2022
3.0
 for  Salary and Benefits

Likes

...f diversified roles in various verticals along different geographical locations.The employees enjoy several Perks and allowances alongside their salary.It has a great job security and social status too.

read more
  • Job security - Excellent
    • +3 more

Dislikes

The job can be a bit monotonus and repetitive at times. The salary is decent at first but the growth is stagnant after a time period. The far off rural postings brings several challenges and hardships too. The transfers are frequent.

read more

Assistant Manager in New Delhi

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 17 Jun 2023
3.0
 for  Salary and Benefits

Likes

Job Safety, health insurance, decent salary. Simple Interest on loans for staff and 1% higher interest for staff on deposits.

read more
  • Job security - Good

Dislikes

Promotion is based on buttering GMs and seniors. Promotion interview marks are noted in pencil and then changed once it reached corporate office based on above criterion. Very few specialist officers are given promotion, preference if only for POs; DO NOT join as specialist officer if you are looking for career growth. Random transferring away from home. Branch Managers are excessively pressurized.

read more
  • Skill development - Poor
    • +4 more

Business Banking Relationship in Sonbhadra

Finance & Accounting Department

4.0
  •  posted on 28 Apr 2022
3.0
 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

read more
  • Skill development - Good
    • +1 more

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

read more
  • Job security - Poor
see more salary related reviews

Indian Bank interview questions by designations

Senior Manager (3)Intern (2)Management Information System Executive (1)Chief Manager(Rtd) (1)
View all 15 interview experiences
More about working at Indian Bank

Indian Bank Salary FAQs

How much does Indian Bank pay to its employees?
The average annual salary at Indian Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Indian Bank, are as follows:

Branch Manager ₹6 Lakhs to ₹21.9 Lakhs per year
Chief Manager ₹12.5 Lakhs to ₹40 Lakhs per year
Credit Manager ₹9 Lakhs to ₹17 Lakhs per year
Clerk ₹2 Lakhs to ₹9.4 Lakhs per year

The highest-paying role, Deputy General Manager, earns between ₹15.6 Lakhs to ₹50 Lakhs per year. The top 10% of employees earn more than ₹22 Lakhs per year, and the top 1% earn over ₹46.7 Lakhs per year. Salaries at Indian 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 salary estimates are based on data from 1.7k salaries submitted by Indian Bank employees. Indian Bank is rated 3.4 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Indian Bank in India?
The salary of a fresher at Indian Bank in India typically ranges from ₹1 Lakh to ₹12 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Credit Manager Salary ₹9 Lakhs to ₹12 Lakhs per year
Fresher as a Probationary Officer Salary ₹6 Lakhs to ₹10 Lakhs per year
Fresher as a Accounts Manager Salary ₹9.6 Lakhs to ₹12 Lakhs per year
Fresher as a Clerk Salary ₹3.5 Lakhs to ₹8.4 Lakhs per year

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Indian Bank Salaries by Location

Average annual salary in Indian Bank is INRunlock blur . Salary estimates are based on 1.7k Indian Bank latest salaries received from various employees of Indian Bank.

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