Indian Bank Chennai Assistant Manager Salaries by 30+ Employees (Updated 2025)

3 - 11 years exp.

₹6.5 Lakhs - ₹12.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

24% more than the average Assistant Manager Salary in Banking Companies for 3 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 3 - 9 years exp. (14 salaries)	₹7.2 L/yr - ₹12.2 L/yr
Customer Success, Service & Operations Assistant Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹10.5 L/yr
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Engineering - Software & QA Assistant Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹10.9 L/yr
Administration & Facilities Assistant Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹9.8 L/yr - ₹12 L/yr
IT & Information Security Assistant Manager Salary 7 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹11.1 L/yr

Last Updated: 10 Feb 2025

Companies similar to Indian Bank for Assistant Manager in Chennai

Indian Bank Assistant Manager Salary

3 - 11 years exp. (32 salaries)

₹6.5 L/yr - ₹12.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (625 salaries)	₹1.3 L/yr - ₹4.7 L/yr 66% less
Yes Bank Assistant Manager Salary 0 - 11 years exp. (508 salaries)	₹2.5 L/yr - ₹6.1 L/yr 57% less	1 job opening
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Standard Chartered Assistant Manager Salary 2 - 18 years exp. (407 salaries)	₹5.5 L/yr - ₹19.5 L/yr 16% more
Equitas Small Finance Bank Assistant Manager Salary 0 - 10 years exp. (319 salaries)	₹1.6 L/yr - ₹5.5 L/yr 63% less
IndusInd Bank Assistant Manager Salary 0 - 11 years exp. (208 salaries)	₹2 L/yr - ₹5.1 L/yr 63% less
Barclays Assistant Manager Salary 2 - 15 years exp. (201 salaries)	₹7.6 L/yr - ₹23 L/yr 32% more
IDFC FIRST Bank Assistant Manager Salary 1 - 10 years exp. (94 salaries)	₹2.9 L/yr - ₹7.1 L/yr 52% less
NatWest Group Assistant Manager Salary 4 - 15 years exp. (62 salaries)	₹4.8 L/yr - ₹13.7 L/yr 10% less
Federal Bank Assistant Manager Salary 1 - 9 years exp. (55 salaries)	₹6 L/yr - ₹15 L/yr 21% more
Jana Small Finance Bank Assistant Manager Salary 1 - 11 years exp. (38 salaries)	₹2.8 L/yr - ₹6 L/yr 56% less
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (37 salaries)	₹5 L/yr - ₹16 L/yr 18% more
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NatWest Markets Assistant Manager Salary 5 - 11 years exp. (16 salaries)	₹5.1 L/yr - ₹15 L/yr 14% more
Indian Overseas Bank Assistant Manager Salary 8 - 14 years exp. (13 salaries)	₹6 L/yr - ₹18 L/yr 17% more
Union Bank of India Assistant Manager Salary 1 - 7 years exp. (10 salaries)	₹7.2 L/yr - ₹11 L/yr 6% more
Central Bank of India Assistant Manager Salary 5 - 11 years exp. (4 salaries)	₹6.5 L/yr - ₹10.6 L/yr 2% less

Assistant Manager salary at Indian Bank ranges between ₹6.5 Lakhs to ₹12.2 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 32 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Assistant Manager in Chennai

1mo ago

₹12 Lakhs

11 years exp.

2mo ago

₹8 Lakhs

3 years exp.

5mo ago

₹11 Lakhs

4 years exp.

5mo ago

₹10.5 Lakhs

9 years exp.

6mo ago

₹12 Lakhs

10 years exp.

7mo ago

5 years exp.

8mo ago

10 years exp.

11mo ago

3 years exp.

1y ago

3 years exp.

1y ago

8 years exp.

Experience wise Indian Bank Assistant Manager salaries in Chennai

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
3 years (5 salaries)	₹8 L/yr - ₹10 L/yr
4 years (4 salaries)	₹7.5 L/yr - ₹11 L/yr
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5 years (5 salaries)	₹6.5 L/yr - ₹11 L/yr
6 years (5 salaries)	₹8.5 L/yr - ₹11 L/yr
7 years (4 salaries)	₹7.5 L/yr - ₹12.2 L/yr
8 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
9 years (4 salaries)	₹8 L/yr - ₹19.1 L/yr
10 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
11 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

3 - 11 years exp.

Assistant General Manager

₹

Lakhs/yr

17 - 32 years exp.

Assistant Manager

3 - 11 years exp.

Manager

3 - 15 years exp.

42% hike

Senior Manager

8 - 14 years exp.

42% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Indian Bank

Branch Manager Salary

(6 salaries)

₹10 L/yr - ₹20.9 L/yr

Assistant Branch Manager Salary

(5 salaries)

₹7.5 L/yr - ₹10.22 L/yr

Salary related reviews for Indian Bank

2.8

Rated by 7 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.

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.

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.

Skill development - Poor

+4 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.

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.

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.

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.

Branch Manager in Chennai

BFSI, Investments & Trading Department

3.0

• posted on 19 Mar 2022

4.0

for Salary and Benefits

Likes

Job security, some of good Managers, Salary and Compensation is good. Its a government job but culture is quite like private job.

Salary - Good

+2 more

Dislikes

Very much shortage of Staff, Some of the Mangement staff Behaviour is rude and Superior behaves like bossy. Too much workload due to immensely shortage of Staff. Bad promotion policy . Not all the time deserving candidate gets promotion. Transfer policy is poor. They do not consider your request unless you know someone who has influence.

Work satisfaction - Poor

+1 more

see more salary related reviews

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What people are saying about Indian Bank

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mag123

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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Indian Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Indian Bank in Chennai?

The average salary of a Assistant Manager at Indian Bank in Chennai typically ranges from ₹6.5 Lakhs to ₹12.2 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Assistant Manager in Chennai at Indian Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.2 Lakhs per year. Assistant Manager 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 estimates are based on salary data submitted by 30+ Indian Bank employees in India.

What is the estimated take home salary of a Assistant Manager at Indian Bank in Chennai?

The estimated take-home salary of a Assistant Manager at Indian Bank in Chennai typically ranges from ₹73,899 to ₹75,809 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹12.2 Lakhs per year for employees with experience ranging from 3 years to 11 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 30+ salaries received from various employees of Indian Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indian Bank for Assistant Manager in India?

Barclays	₹7.6 Lakhs to ₹23.0 Lakhs per year
Federal Bank	₹6.0 Lakhs to ₹15.0 Lakhs per year
IDBI Bank	₹5.0 Lakhs to ₹16.0 Lakhs per year
Indian Overseas Bank	₹6.0 Lakhs to ₹18.0 Lakhs per year
Standard Chartered	₹5.5 Lakhs to ₹19.5 Lakhs per year

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

What is the salary of a Assistant Manager in companies similar to Indian Bank in Chennai?

The salary of a Assistant Manager at companies similar to Indian Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NatWest Markets	₹5.1 Lakhs to ₹15.0 Lakhs per year
Union Bank of India	₹7.2 Lakhs to ₹11.0 Lakhs per year
Central Bank of India	₹6.5 Lakhs to ₹10.6 Lakhs per year
NatWest Group	₹4.8 Lakhs to ₹13.7 Lakhs per year
IDFC FIRST Bank	₹2.9 Lakhs to ₹7.1 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 Assistant Manager at Indian Bank in Chennai?

The salary growth for a Assistant Manager at Indian Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Chennai can expect the following growth trajectory at Indian Bank:

Experience	Average Salary Range
3 years	₹8.0 Lakhs to ₹10.0 Lakhs per year
4 years	₹7.5 Lakhs to ₹11.0 Lakhs per year
5 years	₹6.5 Lakhs to ₹11.0 Lakhs per year
6 years	₹8.5 Lakhs to ₹11.0 Lakhs per year

and so on.

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Indian Bank Assistant Manager Salaries in Chennai

Indian Bank Assistant Manager salary in Chennai ranges between ₹6.5 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Indian Bank latest salaries received from various employees of Indian Bank.