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Indian Bank IT Manager salaries in India

Annual salary range
6 - 13 years exp.
₹8 Lakhs - ₹20 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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11% more than the average IT Manager Salary in Banking Companies for 6 - 13 years of experience

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Salaries in different departments

Engineering - Software & QA
IT Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹12.8 L/yr - ₹20 L/yr

IT & Information Security
IT Manager Salary
11 - 13 years exp. (AmbitionBox Estimate)
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₹14.5 L/yr - ₹20 L/yr

Last Updated: 11 Oct 2024

Companies similar to Indian Bank for IT Manager

Company name Avg Annual Salary Open Jobs
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AU Small Finance Bank IT Manager Salary

2 - 10 years exp. (57 salaries)

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₹6.7 L/yr - ₹18 L/yr

arrow icon 18% less
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IndusInd Bank IT Manager Salary

5 - 12 years exp. (31 salaries)

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₹5.2 L/yr - ₹22.5 L/yr

arrow icon 17% less
7 job openings
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Bandhan Bank IT Manager Salary

5 - 12 years exp. (21 salaries)

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₹3.5 L/yr - ₹12.3 L/yr

arrow icon 52% less
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IDFC FIRST Bank IT Manager Salary

4 - 14 years exp. (21 salaries)

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₹6.1 L/yr - ₹19.5 L/yr

arrow icon 18% less
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Kotak Mahindra Bank IT Manager Salary

4 - 15 years exp. (19 salaries)

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₹9 L/yr - ₹18.5 L/yr

arrow icon 16% less
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Indian Overseas Bank IT Manager Salary

7 - 11 years exp. (15 salaries)

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₹12.5 L/yr - ₹20 L/yr

arrow icon 2% less
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Equitas Small Finance Bank IT Manager Salary

5 - 13 years exp. (15 salaries)

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₹6.9 L/yr - ₹19 L/yr

arrow icon 8% less
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Bank of Maharashtra IT Manager Salary

4 - 11 years exp. (13 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 5% less
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Central Bank of India IT Manager Salary

1 - 14 years exp. (12 salaries)

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₹8 L/yr - ₹17.3 L/yr

arrow icon 20% less
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IDBI Bank IT Manager Salary

3 - 10 years exp. (9 salaries)

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₹12 L/yr - ₹22 L/yr

arrow icon 11% more
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Union Bank of India IT Manager Salary

5 - 10 years exp. (8 salaries)

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₹8.4 L/yr - ₹14 L/yr

arrow icon 30% less
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Bank of America IT Manager Salary

9 - 16 years exp. (7 salaries)

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₹16 L/yr - ₹21.6 L/yr

arrow icon 18% more
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Standard Chartered IT Manager Salary

14 - 18 years exp. (6 salaries)

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₹19 L/yr - ₹28 L/yr

arrow icon 48% more
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Yes Bank IT Manager Salary

1 - 2 years exp. (5 salaries)

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₹16.5 L/yr - ₹18 L/yr

arrow icon 8% more
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Ujjivan Small Finance Bank IT Manager Salary

3 - 14 years exp. (5 salaries)

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₹8.4 L/yr - ₹18.4 L/yr

arrow icon 13% less
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UCO Bank IT Manager Salary

6 - 9 years exp. (5 salaries)

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₹8.5 L/yr - ₹14 L/yr

arrow icon 32% less
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Federal Bank IT Manager Salary

4 - 11 years exp. (4 salaries)

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₹9 L/yr - ₹16 L/yr

arrow icon 33% less
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J&K Bank IT Manager Salary

8 - 20 years exp. (4 salaries)

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₹4.4 L/yr - ₹15 L/yr

arrow icon 32% less
IT Manager salary at Indian Bank ranges between ₹8 Lakhs to ₹20 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 8 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank IT Manager

4mo ago
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8 years exp.
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13 years exp.
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6 years exp.
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8 years exp.
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11 years exp.

Experience wise Indian Bank IT Manager salaries

Last Updated: 11 Oct 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹8 L/yr - ₹24.4 L/yr
7 years (AmbitionBox Estimate)

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₹12.7 L/yr - ₹16.2 L/yr
8 years  (3 salaries)

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₹12.8 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)

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₹12 L/yr - ₹27.4 L/yr
10 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹20 L/yr
View all
Indian Bank IT Manager Salary and Career Growth

From

To

IT Manager

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6 - 13 years exp.

Senior IT Manager

Salary unavailable
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

Deputy Manager Salary
(4 salaries)
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₹5.1 L/yr - ₹18 L/yr
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₹12 L/yr - ₹33 L/yr
Team Lead Salary
(4 salaries)
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₹4.7 L/yr - ₹18 L/yr
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₹4.8 L/yr - ₹16 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹1 L/yr - ₹8.5 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Software Developer Salary
(AmbitionBox Estimate)
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₹9.2 L/yr - ₹11.7 L/yr
Technical Specialist Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for Indian Bank

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

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

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

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

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

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Indian Bank IT Manager Salary FAQs

What is the salary of IT Manager at Indian Bank ?
The average salary of a IT Manager at Indian Bank in India typically ranges from ₹8.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of IT Manager at Indian Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. IT 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 8 Indian Bank employees in India.
What is the estimated take home salary of a IT Manager at Indian Bank in India?
The estimated take-home salary of a IT Manager at Indian Bank in India typically ranges from ₹1,06,469 to ₹1,09,400 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 6 years to 13 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 8 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 IT Manager in India?
Standard Chartered ₹19.0 Lakhs to ₹28.0 Lakhs per year
Bank of America ₹16.0 Lakhs to ₹21.6 Lakhs per year
IDBI Bank ₹12.0 Lakhs to ₹22.0 Lakhs per year
Yes Bank ₹16.5 Lakhs to ₹18.0 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 IT Manager in companies similar to Indian Bank in India?
The salary of a IT Manager at companies similar to Indian Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indian Overseas Bank ₹12.5 Lakhs to ₹20.0 Lakhs per year
Bank of Maharashtra ₹12.0 Lakhs to ₹20.0 Lakhs per year
Equitas Small Finance Bank ₹6.9 Lakhs to ₹19.0 Lakhs per year
Ujjivan Small Finance Bank ₹8.4 Lakhs to ₹18.4 Lakhs per year
Kotak Mahindra Bank ₹9.0 Lakhs to ₹18.5 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 IT Manager at Indian Bank in India?
The salary growth for a IT Manager at Indian Bank depends on factors such as experience, performance, and promotions. On average, a IT Manager can expect the following growth trajectory at Indian Bank:

Experience Average Salary Range
6 years ₹8.0 Lakhs to ₹24.4 Lakhs per year
7 years ₹12.7 Lakhs to ₹16.2 Lakhs per year
8 years ₹12.8 Lakhs to ₹20.0 Lakhs per year
9 years ₹12.0 Lakhs to ₹27.4 Lakhs per year
and so on.

Tell us how to improve this page.

Indian Bank IT Manager salary in India ranges between ₹8 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Indian Bank latest salaries received from various employees of Indian Bank.