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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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State Bank of India IT Manager Salary

8 - 16 years exp. (8 salaries)

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₹15 L/yr - ₹22 L/yr

arrow icon 27% more
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HDFC Bank IT Manager Salary

7 - 11 years exp. (87 salaries)

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₹6.7 L/yr - ₹20 L/yr

arrow icon 15% less
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ICICI Bank IT Manager Salary

0 - 13 years exp. (13 salaries)

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₹9 L/yr - ₹21.2 L/yr

arrow icon 11% less
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Axis Bank IT Manager Salary

1 - 12 years exp. (73 salaries)

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₹9.7 L/yr - ₹20.2 L/yr

arrow icon 3% less
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Punjab National Bank IT Manager Salary

4 - 9 years exp. (16 salaries)

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₹10.9 L/yr - ₹22 L/yr

arrow icon 15% more
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Bank of Baroda IT Manager Salary

5 - 15 years exp. (26 salaries)

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₹10 L/yr - ₹21 L/yr

arrow icon 6% more
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Canara Bank IT Manager Salary

4 - 12 years exp. (27 salaries)

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₹9 L/yr - ₹22 L/yr

arrow icon 5% more
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Kotak Mahindra Bank IT Manager Salary

5 - 11 years exp. (16 salaries)

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₹6.4 L/yr - ₹18.5 L/yr

arrow icon 26% less
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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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IDBI Bank IT Manager Salary

3 - 10 years exp. (9 salaries)

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₹12 L/yr - ₹22 L/yr

arrow icon 10% more
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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.
8mo ago
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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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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

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.

read more
  • Skill development - Bad
  • +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
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?
IT Manager salary at Indian Bank in India ranges between ₹8.0 Lakhs to ₹20.0 Lakhs for experience between 6 years to 13 years. According to our estimates it is 11% more than the average IT Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Indian Bank India.
How does the salary of a IT Manager at Indian Bank India compare with the average salary range for this job?
The average salary of a IT Manager at Indian Bank is 11% more than the average salary of a IT Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a IT Manager in India?
  • Standard Chartered IT Manager Salary - ₹19.0 Lakhs to ₹28.0 Lakhs per year
  • State Bank of India IT Manager Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
  • Punjab National Bank IT Manager Salary - ₹10.9 Lakhs to ₹22.0 Lakhs per year
  • Bank of America IT Manager Salary - ₹16.0 Lakhs to ₹21.0 Lakhs per year
  • IDBI Bank IT Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
What is the salary of a IT Manager in companies similar to Indian Bank in India?
  • Yes Bank IT Manager Salary - ₹16.5 Lakhs to ₹18.0 Lakhs per year
  • Bank of Baroda IT Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
  • Canara Bank IT Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
  • DBS Bank IT Manager Salary - ₹14.7 Lakhs to ₹17.0 Lakhs per year
  • Indian Overseas Bank IT Manager Salary - ₹12.5 Lakhs to ₹20.0 Lakhs per year
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 ranges between ₹1,06,469 per month to ₹1,09,400 per month in India. The take-home salary calculation is based on the average Indian Bank IT Manager salary in India which ranges between ₹8.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?
What is the notice period for IT Manager at Indian Bank?
According to AmbitionBox, 75% of the Indian Bank IT Managers reported a notice period of 3 Months, 13% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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.