Indian Bank Chennai Manager Salaries by 30+ Employees

3 - 15 years exp.

₹6.8 Lakhs - ₹21 Lakhs

Salary of majority employees

11% less than the average Manager Salary in Banking Companies for 3 - 15 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Manager Salary 5 - 11 years exp. (9 salaries)	₹7.4 L/yr - ₹18 L/yr
Finance & Accounting Manager Salary 3 - 15 years exp. (6 salaries)	₹12.5 L/yr - ₹20 L/yr
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Data Science & Analytics Manager Salary 6 - 12 years exp. (5 salaries)	₹6.8 L/yr - ₹21 L/yr
Customer Success, Service & Operations Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹11.1 L/yr - ₹15.8 L/yr

Last Updated: 24 Dec 2024

Companies similar to Indian Bank for Manager in Chennai

Indian Bank Manager Salary

3 - 15 years exp. (32 salaries)

₹6.8 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Manager Salary 3 - 20 years exp. (901 salaries)	₹7 L/yr - ₹24.3 L/yr 4% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (283 salaries)	₹3 L/yr - ₹13.4 L/yr 48% less
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IndusInd Bank Manager Salary 0 - 16 years exp. (271 salaries)	₹3.5 L/yr - ₹11.5 L/yr 52% less
Yes Bank Manager Salary 2 - 17 years exp. (232 salaries)	₹4.5 L/yr - ₹14.4 L/yr 44% less
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (102 salaries)	₹4 L/yr - ₹14.2 L/yr 47% less
Equitas Small Finance Bank Manager Salary 4 - 15 years exp. (62 salaries)	₹4.1 L/yr - ₹15.7 L/yr 40% less
NatWest Group Manager Salary 7 - 16 years exp. (53 salaries)	₹7.3 L/yr - ₹22 L/yr 2% less
IDBI Bank Manager Salary 6 - 15 years exp. (44 salaries)	₹9.7 L/yr - ₹25 L/yr 24% more
Federal Bank Manager Salary 3 - 12 years exp. (31 salaries)	₹9 L/yr - ₹23 L/yr 10% more
Barclays Manager Salary 7 - 15 years exp. (24 salaries)	₹8.8 L/yr - ₹19 L/yr 7% less
Indian Overseas Bank Manager Salary 9 - 13 years exp. (24 salaries)	₹9 L/yr - ₹20 L/yr 2% more
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Jana Small Finance Bank Manager Salary 4 - 13 years exp. (20 salaries)	₹3 L/yr - ₹8 L/yr 59% less
AU Small Finance Bank Manager Salary 5 - 12 years exp. (19 salaries)	₹3.4 L/yr - ₹8.6 L/yr 47% less	1 job opening
NatWest Markets Manager Salary 9 - 13 years exp. (12 salaries)	₹8 L/yr - ₹16 L/yr 12% less
Union Bank of India Manager Salary 6 - 12 years exp. (7 salaries)	₹8 L/yr - ₹15 L/yr 7% less
Ujjivan Small Finance Bank Manager Salary 4 - 10 years exp. (7 salaries)	₹5 L/yr - ₹8.1 L/yr 53% less
Central Bank of India Manager Salary 7 - 11 years exp. (6 salaries)	₹8.4 L/yr - ₹16 L/yr 14% less
Bank of Maharashtra Manager Salary 6 - 8 years exp. (4 salaries)	₹8 L/yr - ₹14 L/yr 11% less

Manager salary at Indian Bank ranges between ₹6.8 Lakhs to ₹21 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 32 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Manager salaries in Chennai

Last Updated: 24 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹25.4 L/yr
4 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
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5 years (4 salaries)	₹7.4 L/yr - ₹25.9 L/yr
6 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹26.2 L/yr
7 years (6 salaries)	₹10 L/yr - ₹15 L/yr
8 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹15.5 L/yr
9 years (3 salaries)	₹10 L/yr - ₹26.9 L/yr
10 years (5 salaries)	₹10 L/yr - ₹27.2 L/yr
11 years (4 salaries)	₹10 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)	₹14 L/yr - ₹21 L/yr
13 years (3 salaries)	₹11.1 L/yr - ₹17 L/yr
14 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
15+ years (AmbitionBox Estimate)	₹6.3 L/yr - ₹20 L/yr

View all

From

Manager

₹

Lakhs/yr

3 - 15 years exp.

Assistant General Manager

₹

Lakhs/yr

17 - 32 years exp.

Manager

3 - 15 years exp.

Senior Manager

6 - 14 years exp.

48% hike

Chief Manager

10 - 18 years exp.

15% hike

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

Credit Manager Salary

(6 salaries)

₹12 L/yr - ₹17 L/yr

Deputy General Manager Salary

(3 salaries)

₹28.35 L/yr - ₹45 L/yr

Salary related reviews for Indian Bank

3.3

Rated by 6 employees for salary & benefits

Manager in Coimbatore

H.R and operational Department

5.0

• posted on 28 Aug 2018

5.0

for Salary and Benefits

Likes

The company should be with in our reach, global client can also in expectations, career growth salary as expected with our norms, learning and works environment, innovation should be appreciated. These are the only best for the wishes..

Salary - Excellent

+6 more

Dislikes

Work pressure should not be very , continuous working hours in a day or two to be avoided, value of an individual strength should not be curtailed, suggestions and appreciate nature not to be negative.

Manager in Mumbai

Legal & Regulatory Department

4.0

• posted on 04 Nov 2019

5.0

for Salary and Benefits

Likes

being a public sector undertaking they are rightly a model employers and you get security good pay and work satisfaction

Salary - Excellent

+4 more

Dislikes

Transfers and little bit of politics and difficulty in work life balance as they are not considerate about employees difficulties. They can be more accomadating without compromising on output

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.

see more salary related reviews

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What people are saying about Indian Bank

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mag123

works at

Indian Bank

Seeking job for 25L/annum

I am currently working in indian bank. I am drawing 18 L /annum , has 10 year work experience, previously worked in TCS for 2.5 years, I am currently looking for a job which will pay minimum 25 L / annum with better work/life balance. Which job should I seek?

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Indian Bank Manager Salary FAQs

What is the salary of Manager at Indian Bank in Chennai?

The average salary of a Manager at Indian Bank in Chennai typically ranges from ₹6.8 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Manager in Chennai at Indian Bank earn more than ₹17.3 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. 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 30+ Indian Bank employees in India.

What is the estimated take home salary of a Manager at Indian Bank in Chennai?

The estimated take-home salary of a Manager at Indian Bank in Chennai typically ranges from ₹1,03,284 to ₹1,06,112 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 3 years to 15 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 30+ 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 Manager in India?

IDBI Bank	₹9.7 Lakhs to ₹25.0 Lakhs per year
Federal Bank	₹9.0 Lakhs to ₹23.0 Lakhs per year
Standard Chartered	₹7.0 Lakhs to ₹24.3 Lakhs per year
Indian Overseas Bank	₹9.0 Lakhs to ₹20.0 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 Manager in companies similar to Indian Bank in Chennai?

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

NatWest Group	₹7.3 Lakhs to ₹22.0 Lakhs per year
Barclays	₹8.8 Lakhs to ₹19.0 Lakhs per year
Union Bank of India	₹8.0 Lakhs to ₹15.0 Lakhs per year
Bank of Maharashtra	₹8.0 Lakhs to ₹14.0 Lakhs per year
NatWest Markets	₹8.0 Lakhs to ₹16.0 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 Manager at Indian Bank in Chennai?

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

Experience	Average Salary Range
3 years	₹12.6 Lakhs to ₹25.4 Lakhs per year
4 years	₹12.8 Lakhs to ₹16.4 Lakhs per year
5 years	₹7.4 Lakhs to ₹25.9 Lakhs per year
6 years	₹6.8 Lakhs to ₹26.2 Lakhs per year

and so on.

Tell us how to improve this page.

Indian Bank Manager salary in Chennai ranges between ₹6.8 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Indian Bank latest salaries received from various employees of Indian Bank.