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Indian Bank Salaries in Chennai (Updated 2025)

based on 315 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Engineering - Software & QA + 6 more
Designation Avg Annual Salary Open Jobs
10 - 15 years exp. · Chennai (15 salaries)
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₹12.5 L/yr - ₹32 L/yr

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

5 - 13 years exp. · Chennai (7 salaries)
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₹14.5 L/yr - ₹21.5 L/yr

0 - 8 years exp. · Chennai (6 salaries)
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₹12 L/yr - ₹17 L/yr

Starting your career? Discover Indian Bank fresher salaries in India
7 - 12 years exp. · Chennai (6 salaries)
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₹10 L/yr - ₹20.9 L/yr

8 - 13 years exp. · Chennai (5 salaries)
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₹12.8 L/yr - ₹20 L/yr

5 - 9 years exp. · Chennai (5 salaries)
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₹7.5 L/yr - ₹10.2 L/yr

1 - 3 years exp. · Chennai (5 salaries)
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₹3.5 L/yr - ₹4.9 L/yr

6 - 10 years exp. · Chennai (5 salaries)
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₹8.5 L/yr - ₹16.3 L/yr

22 years exp. · Chennai (4 salaries)
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₹10.8 L/yr - ₹13.8 L/yr

1 - 7 years exp. · Chennai (4 salaries)
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₹9 L/yr - ₹15.5 L/yr

12 - 14 years exp. · Chennai (4 salaries)
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₹17.2 L/yr - ₹35 L/yr

11 - 15 years exp. · Chennai (4 salaries)
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₹18 L/yr - ₹35 L/yr

29 - 31 years exp. · Chennai (3 salaries)
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₹28.3 L/yr - ₹45 L/yr

25 - 31 years exp. · Chennai (3 salaries)
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₹19.6 L/yr - ₹25 L/yr

1 - 2 years exp. · Chennai (3 salaries)
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₹1 L/yr - ₹1.5 L/yr

2 - 30 years exp. · Chennai (3 salaries)
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₹3.6 L/yr - ₹8 L/yr

2 - 3 years exp. · Chennai (3 salaries)
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₹3.2 L/yr - ₹5.2 L/yr

Fresher · Chennai (3 salaries)
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₹9.6 L/yr - ₹12 L/yr

Last Updated: 22 Mar, 2025

Salary related reviews for Indian Bank

3.4

Rated by 90 employees for salary & benefits

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.

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  • 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.

read more
  • Work satisfaction - Poor
  • +1 more

BFSI, Investments & Trading Department

5.0
  •  posted on 21 Apr 2021

3.0
 for  Salary and Benefits

Likes

Everyone can take part in decision making. Integrity is integral part. The work culture had then this bank to be at the apex of all Banks in terms of profitability and we have endured the testing time in baking industry.

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  • Skill development - Good
  • +5 more

Dislikes

compensation front

Other Department

3.0
  •  posted on 23 Oct 2017

3.0
 for  Salary and Benefits

Likes

...sed public sector bank and it has its own culture. Job is secured in this place. Annual Increments and Salary Revision is part of the Work. In my role, I had gained a lot more experience in Macro - level functioning of the banks.

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  • Job security - Excellent
  • +1 more

Dislikes

Work -life balance was poor due to shortage of manpower. More compliance work is involved in my job role

  • Work-life balance - Poor

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.

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  • Company culture - Poor

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.

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  • 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.

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  • Skill development - Poor
  • +4 more
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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:

Chief Manager ₹12.5 Lakhs to ₹32 Lakhs per year
Risk Manager ₹12 Lakhs to ₹20 Lakhs per year
Senior Manager Credit ₹14.5 Lakhs to ₹21.5 Lakhs per year
Credit Manager ₹12 Lakhs to ₹17 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 ₹47.1 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 315 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 Chennai?
The salary of a fresher at Indian Bank in Chennai 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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Average annual salary in Indian Bank , Chennai is INRunlock blur . Salary estimates are based on 300+ Indian Bank latest salaries received from various employees of Indian Bank.

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