Indian Bank IT Manager Salaries by 8 Employees

6 - 13 years exp.

₹8 Lakhs - ₹20 Lakhs

Low Confidence

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)	Unlock ₹12.8 L/yr - ₹20 L/yr
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IT & Information Security IT Manager Salary 11 - 13 years exp. (AmbitionBox Estimate)	Unlock ₹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
State Bank of India IT Manager Salary 8 - 16 years exp. (8 salaries)	Unlock ₹15 L/yr - ₹22 L/yr 27% more
HDFC Bank IT Manager Salary 1 - 10 years exp. (100 salaries)	Unlock ₹6.7 L/yr - ₹20 L/yr 24% less
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ICICI Bank IT Manager Salary 0 - 13 years exp. (13 salaries)	Unlock ₹9 L/yr - ₹21.2 L/yr 11% less
Axis Bank IT Manager Salary 1 - 12 years exp. (73 salaries)	Unlock ₹9.7 L/yr - ₹20.2 L/yr 3% less
Punjab National Bank IT Manager Salary 4 - 9 years exp. (16 salaries)	Unlock ₹10.9 L/yr - ₹22 L/yr 15% more
Bank of Baroda IT Manager Salary 5 - 15 years exp. (26 salaries)	Unlock ₹10 L/yr - ₹21 L/yr 6% more
Canara Bank IT Manager Salary 4 - 12 years exp. (27 salaries)	Unlock ₹9 L/yr - ₹22 L/yr 5% more
Kotak Mahindra Bank IT Manager Salary 5 - 11 years exp. (16 salaries)	Unlock ₹6.4 L/yr - ₹18.5 L/yr 26% less
Yes Bank IT Manager Salary 1 - 2 years exp. (5 salaries)	Unlock ₹16.5 L/yr - ₹18 L/yr 8% more
IDBI Bank IT Manager Salary 3 - 10 years exp. (9 salaries)	Unlock ₹12 L/yr - ₹22 L/yr 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.

Experience wise Indian Bank IT Manager salaries

Last Updated: 11 Oct 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹24.4 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹12.7 L/yr - ₹16.2 L/yr
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8 years (3 salaries)	Unlock ₹12.8 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹27.4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹6.3 L/yr - ₹20 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹15.2 L/yr - ₹19.4 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹19 L/yr

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From

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.

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Salary related reviews for Indian Bank

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 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 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

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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.

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Indian Bank IT Manager Salaries

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