Indian Bank Chennai Branch Manager Salaries by 6 Employees (Updated 2025)

7 - 12 years exp.

₹10 Lakhs - ₹20.9 Lakhs

Salary of majority employees

27% more than the average Branch Manager Salary in Banking Companies for 7 - 12 years of experience

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Last Updated: 1 Dec 2024

Companies similar to Indian Bank for Branch Manager in Chennai

Indian Bank Branch Manager Salary

7 - 12 years exp. (6 salaries)

₹10 L/yr - ₹20.9 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Branch Manager Salary 5 - 15 years exp. (19 salaries)	₹9.5 L/yr - ₹27 L/yr 51% more
ICICI Bank Branch Manager Salary 5 - 21 years exp. (211 salaries)	₹5.7 L/yr - ₹21.2 L/yr At par
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HDFC Bank Branch Manager Salary 6 - 23 years exp. (137 salaries)	₹6 L/yr - ₹24.5 L/yr 12% more	2 job openings
Bank of Baroda Branch Manager Salary 6 - 13 years exp. (3 salaries)	₹10 L/yr - ₹18.5 L/yr 28% more
Canara Bank Branch Manager Salary 7 - 9 years exp. (6 salaries)	₹9 L/yr - ₹14.9 L/yr 7% more
Bank of India Branch Manager Salary 5 - 8 years exp. (3 salaries)	₹6.5 L/yr - ₹16 L/yr 3% less
Central Bank of India Branch Manager Salary 5 - 9 years exp. (3 salaries)	₹10.7 L/yr - ₹12.1 L/yr 17% less
Indian Overseas Bank Branch Manager Salary 8 - 11 years exp. (5 salaries)	₹8.3 L/yr - ₹20 L/yr 1% more
Yes Bank Branch Manager Salary 10 - 18 years exp. (17 salaries)	₹7.8 L/yr - ₹23 L/yr 10% more	1 job opening
Kotak Mahindra Bank Branch Manager Salary 7 - 19 years exp. (37 salaries)	₹9 L/yr - ₹20 L/yr 18% more	1 job opening
IndusInd Bank Branch Manager Salary 6 - 22 years exp. (58 salaries)	₹6 L/yr - ₹21 L/yr 2% more	7 job openings
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RBL Bank Branch Manager Salary 11 - 21 years exp. (18 salaries)	₹7.6 L/yr - ₹26 L/yr 29% more	7 job openings
South Indian Bank Branch Manager Salary 9 - 12 years exp. (7 salaries)	₹9 L/yr - ₹16.5 L/yr 16% more
IDFC FIRST Bank Branch Manager Salary 6 - 19 years exp. (39 salaries)	₹6.9 L/yr - ₹27 L/yr 18% more	6 job openings
Karur Vysya Bank Branch Manager Salary 6 - 14 years exp. (28 salaries)	₹8.1 L/yr - ₹18 L/yr 2% more
Equitas Small Finance Bank Branch Manager Salary 5 - 15 years exp. (24 salaries)	₹3.4 L/yr - ₹10.5 L/yr 38% less
Jana Small Finance Bank Branch Manager Salary 5 - 16 years exp. (21 salaries)	₹4.2 L/yr - ₹14.8 L/yr 35% less	2 job openings
Standard Chartered Branch Manager Salary 15 - 17 years exp. (4 salaries)	₹20 L/yr - ₹26.2 L/yr 93% more
Bank of Maharashtra Branch Manager Salary 5 - 12 years exp. (3 salaries)	₹10 L/yr - ₹20 L/yr 17% more

Branch Manager salary at Indian Bank ranges between ₹10 Lakhs to ₹20.9 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Branch Manager salaries in Chennai

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹12 L/yr - ₹22.4 L/yr
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹16 L/yr
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9 years (AmbitionBox Estimate)	₹12 L/yr - ₹23.9 L/yr
10 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.7 L/yr
11 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
12 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹20.9 L/yr

View all

From

Branch Manager

₹

Lakhs/yr

6 - 12 years exp.

Assistant General Manager

₹

Lakhs/yr

17 - 32 years exp.

Branch Manager 6 - 12 years exp.

Chief Manager 10 - 18 years exp.

95% hike

Assistant General Manager 17 - 32 years exp.

16% 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

Chief Manager Salary

(15 salaries)

₹12.5 L/yr - ₹32 L/yr

Credit Manager Salary

(6 salaries)

₹12 L/yr - ₹17 L/yr

Salary related reviews for Indian Bank

2.6

Rated by 6 employees for salary & benefits

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

Assistant Branch Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Jul 2024

3.0

for Salary and Benefits

Likes

Salary in PSBs is the only thing you can term as a positive.

Dislikes

Work life balance is non existent. Management will bluntly put it that they do not care about your health or mental condition. Targets are unrealistic and everybody is out to pressurize branches as much possible, even encouraging unethical and fraudulent practices. HR is non existent. You will be forced to work long hours to satisfy the ego of the management. Join at your own risk.

Skill development - Bad

+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.

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

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Indian Bank Branch Manager Salary FAQs

What is the salary of Branch Manager at Indian Bank Chennai?

Branch Manager salary at Indian Bank in Chennai ranges between ₹10.0 Lakhs to ₹20.9 Lakhs for experience between 7 years to 12 years. According to our estimates it is 27% more than the average Branch Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Indian Bank Chennai.

How does the salary of a Branch Manager at Indian Bank Chennai compare with the average salary range for this job?

The average salary of a Branch Manager at Indian Bank is 27% more than the average salary of a Branch Manager in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Indian Bank to a Branch Manager in Chennai?

Standard Chartered Branch Manager Salary - ₹20.0 Lakhs to ₹26.2 Lakhs per year
State Bank of India Branch Manager Salary - ₹9.5 Lakhs to ₹27.0 Lakhs per year
RBL Bank Branch Manager Salary - ₹7.6 Lakhs to ₹26.0 Lakhs per year
Bank of Baroda Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year

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

IDFC FIRST Bank Branch Manager Salary - ₹6.9 Lakhs to ₹27.0 Lakhs per year
Bank of Maharashtra Branch Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
South Indian Bank Branch Manager Salary - ₹9.0 Lakhs to ₹16.5 Lakhs per year
HDFC Bank Branch Manager Salary - ₹6.0 Lakhs to ₹24.5 Lakhs per year
Yes Bank Branch Manager Salary - ₹7.8 Lakhs to ₹23.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Indian Bank ranges between ₹93,497 per month to ₹96,008 per month in Chennai. The take-home salary calculation is based on the average Indian Bank Branch Manager salary in India which ranges between ₹10.0 Lakhs to ₹20.9 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Indian Bank in Chennai?

According to AmbitionBox, 50% of the Indian Bank Branch Managers in Chennai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Indian Bank Branch Manager Salaries in Chennai

Indian Bank Branch Manager salary in Chennai ranges between ₹10 Lakhs to ₹20.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Indian Bank latest salaries received from various employees of Indian Bank.