Indian Bank Chief Manager Information Technology Salaries by 5 Employees

11 - 21 years exp.

₹18 Lakhs - ₹35 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

8% more than the average Chief Manager Information Technology Salary in Banking Companies for 11 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Information Technology Salary 13 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹33 L/yr
Data Science & Analytics Chief Manager Information Technology Salary 11 years exp. (AmbitionBox Estimate)	₹31.5 L/yr - ₹38.5 L/yr
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Engineering - Hardware & Networks Chief Manager Information Technology Salary 21 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr
Engineering - Software & QA Chief Manager Information Technology Salary 15 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr
Project & Program Management Chief Manager Information Technology Salary 12 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹33 L/yr

Last Updated: 3 Jun 2024

Companies similar to Indian Bank for Chief Manager Information Technology

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Chief Manager Information Technology Salary 9 - 15 years exp. (10 salaries)	₹10.1 L/yr - ₹29.2 L/yr 14% less
IDFC FIRST Bank Chief Manager Information Technology Salary 10 - 15 years exp. (7 salaries)	₹13 L/yr - ₹29 L/yr 26% less
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Central Bank of India Chief Manager Information Technology Salary 15 - 31 years exp. (5 salaries)	₹18 L/yr - ₹30 L/yr 6% less
IndusInd Bank Chief Manager Information Technology Salary 6 - 14 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 33% less
Union Bank of India Chief Manager Information Technology Salary 9 - 19 years exp. (4 salaries)	₹18 L/yr - ₹40 L/yr 20% more

Chief Manager Information Technology salary at Indian Bank ranges between ₹18 Lakhs to ₹35 Lakhs per year for employees with experience between 11 years to 21 years. Salary estimates are based on 5 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Chief Manager Information Technology salaries

Last Updated: 3 Jun 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹28.6 L/yr - ₹36.5 L/yr
12 years (AmbitionBox Estimate)	₹27.1 L/yr - ₹34.6 L/yr
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13 years (AmbitionBox Estimate)	₹25.6 L/yr - ₹32.8 L/yr
14 years (AmbitionBox Estimate)	₹24.2 L/yr - ₹30.9 L/yr
15+ years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.9 L/yr

Similar Designation salaries in Indian Bank

SAS Programmer Salary

(8 salaries)

₹3.5 L/yr - ₹4.9 L/yr

IT Manager Salary

(8 salaries)

₹8 L/yr - ₹20 L/yr

Senior Manager Information Technology Salary

(5 salaries)

₹15 L/yr - ₹35 L/yr

SAS Administrator Salary

(4 salaries)

₹7.5 L/yr - ₹14 L/yr

Assistant Manager Information Technology Salary

(4 salaries)

₹8 L/yr - ₹10 L/yr

Software Engineer Salary

(3 salaries)

₹1 L/yr - ₹8.5 L/yr

IT Support Specialist Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

IT Officer Salary

(AmbitionBox Estimate)

₹11.9 L/yr - ₹15.2 L/yr

IT Project Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Indian Bank

3.0

Rated by 1 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 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 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

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

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

Job security - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Indian Bank Chief Manager Information Technology Salary FAQs

What is the salary of Chief Manager Information Technology at Indian Bank ?

The average salary of a Chief Manager Information Technology at Indian Bank in India typically ranges from ₹18.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 11 years to 21 years).

The top 10% of Chief Manager Information Technology at Indian Bank earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Chief Manager Information Technology 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 5 Indian Bank employees in India.

What is the estimated take home salary of a Chief Manager Information Technology at Indian Bank in India?

The estimated take-home salary of a Chief Manager Information Technology at Indian Bank in India typically ranges from ₹1,52,577 to ₹1,58,340 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 11 years to 21 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 5 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 Chief Manager Information Technology in India?

Union Bank of India

₹18.0 Lakhs to ₹40.0 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 Chief Manager Information Technology in companies similar to Indian Bank in India?

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

Central Bank of India	₹18.0 Lakhs to ₹30.0 Lakhs per year
Kotak Mahindra Bank	₹10.1 Lakhs to ₹29.2 Lakhs per year
IDFC FIRST Bank	₹13.0 Lakhs to ₹29.0 Lakhs per year
IndusInd Bank	₹8.5 Lakhs to ₹25.0 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 Chief Manager Information Technology at Indian Bank in India?

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

Experience	Average Salary Range
11 years	₹28.6 Lakhs to ₹36.5 Lakhs per year
12 years	₹27.1 Lakhs to ₹34.6 Lakhs per year
13 years	₹25.6 Lakhs to ₹32.8 Lakhs per year
14 years	₹24.2 Lakhs to ₹30.9 Lakhs per year

and so on.

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Indian Bank Chief Manager Information Technology Salaries

Indian Bank Chief Manager Information Technology salary in India ranges between ₹18 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Indian Bank latest salaries received from various employees of Indian Bank.