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Indian Bank Salaries in Mumbai

based on 87 latest salaries
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BFSI, Investments & Trading Finance & Accounting
Designation Avg Annual Salary Open Jobs
30 years exp. · Mumbai (AmbitionBox Estimate)
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₹36 L/yr - ₹46 L/yr

31 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr

Fresher · Mumbai (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹18.5 L/yr - ₹23.6 L/yr

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

9 - 14 years exp. · Mumbai (9 salaries)
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₹12 L/yr - ₹24 L/yr

5 - 10 years exp. · Mumbai (9 salaries)
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₹8.4 L/yr - ₹12 L/yr

6 - 12 years exp. · Mumbai (7 salaries)
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₹8.8 L/yr - ₹16 L/yr

15 - 23 years exp. · Mumbai (3 salaries)
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₹24 L/yr - ₹36 L/yr

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹0.3 L/yr - ₹0.3 L/yr

Last Updated: 29 Dec, 2024

Salary related reviews for Indian Bank

3.2

Rated by 14 employees for salary & benefits

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.

Dislikes

Impossible targets, harassing in meeting stating transfers, expecting to work overtime even on holidays, unapproachable and unheedful HR personnel.

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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

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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

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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.

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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.

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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.

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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.

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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.

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Indian Bank Salary FAQs

How much does Indian Bank pay per year?
The average Indian Bank salary ranges from approximately ₹1 Lakh to ₹1.5 Lakh per year for a Data Entry Operator and ₹15.6 Lakhs to ₹50 Lakhs per year for a Deputy General Manager. Salary estimates are based on 87 Indian Bank salaries received from various employees of Indian Bank. Indian Bank employees rate the overall salary and benefits package 3.2/5 stars.
What is the highest salary in Indian Bank?
The highest-paying job at Indian Bank is a Deputy General Manager with a salary of ₹15.6 Lakhs to ₹50 Lakhs per year. The top 10% of employees earn more than ₹20.45 lakhs per year. The top 1% earn more than a whopping ₹47.80 lakhs per year.
What is the minimum salary in Indian Bank?
Minimum salary at Indian Bank depends on the role you are applying for. For Clerk the minimum salary is ₹2 Lakhs to ₹9.4 Lakhs per year, and for Assistant Branch Manager the minimum salary is ₹7.5 Lakhs to ₹13 Lakhs per year and so on.
What is the salary package for freshers in Indian Bank?
The average salary at Indian Bank for freshers varies from ₹1 Lakh to ₹4 Lakhs per year for Intern and ₹9 Lakhs to ₹12 Lakhs per year for Credit Manager.
What is the notice period at Indian Bank in Mumbai?
According to AmbitionBox, 58% of the Indian Bank employees in Mumbai reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 76 responses on AmbitionBox in last 2 years.

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Average annual salary in Indian Bank , Mumbai is INRunlock blur . Salary estimates are based on 87 Indian Bank latest salaries received from various employees of Indian Bank.

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