Indian Bank Risk Manager Salaries by 8 Employees (Updated 2025)

5 - 9 years exp.

₹12 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

25% more than the average Risk Manager Salary in Banking Companies for 5 - 9 years of experience

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Last Updated: 1 Jan 2025

Companies similar to Indian Bank for Risk Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Risk Manager Salary 5 - 11 years exp. (7 salaries)	₹16.5 L/yr - ₹27 L/yr 22% more
HDFC Bank Risk Manager Salary 1 - 10 years exp. (77 salaries)	₹3.8 L/yr - ₹14.9 L/yr 45% less
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ICICI Bank Risk Manager Salary 0 - 10 years exp. (64 salaries)	₹5 L/yr - ₹20 L/yr 20% less
Axis Bank Risk Manager Salary 1 - 17 years exp. (33 salaries)	₹5.4 L/yr - ₹20 L/yr 16% less
Punjab National Bank Risk Manager Salary 2 - 8 years exp. (14 salaries)	₹10 L/yr - ₹18 L/yr 7% less
Canara Bank Risk Manager Salary 4 - 13 years exp. (18 salaries)	₹12 L/yr - ₹34 L/yr 29% more
Kotak Mahindra Bank Risk Manager Salary 0 - 17 years exp. (19 salaries)	₹4.2 L/yr - ₹12.5 L/yr 44% less
Yes Bank Risk Manager Salary 1 - 10 years exp. (83 salaries)	₹6 L/yr - ₹17.5 L/yr 36% less
IDBI Bank Risk Manager Salary 10 - 13 years exp. (3 salaries)	₹15 L/yr - ₹37.4 L/yr 34% more
IDFC FIRST Bank Risk Manager Salary 0 - 5 years exp. (54 salaries)	₹7.5 L/yr - ₹24 L/yr 10% more
Standard Chartered Risk Manager Salary 10 - 17 years exp. (18 salaries)	₹10 L/yr - ₹30 L/yr 28% more
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Barclays Risk Manager Salary 4 - 13 years exp. (17 salaries)	₹11 L/yr - ₹24 L/yr 11% more
NatWest Group Risk Manager Salary 6 - 17 years exp. (12 salaries)	₹11.6 L/yr - ₹38 L/yr 41% more
Central Bank of India Risk Manager Salary 3 - 11 years exp. (11 salaries)	₹12 L/yr - ₹18.4 L/yr 1% less
Union Bank of India Risk Manager Salary 5 - 9 years exp. (10 salaries)	₹10.3 L/yr - ₹18.5 L/yr 8% less
IndusInd Bank Risk Manager Salary 9 - 17 years exp. (7 salaries)	₹7.1 L/yr - ₹11.5 L/yr 42% less
Ujjivan Small Finance Bank Risk Manager Salary 6 - 12 years exp. (7 salaries)	₹6 L/yr - ₹19.4 L/yr 11% less
Equitas Small Finance Bank Risk Manager Salary 1 - 11 years exp. (6 salaries)	₹2.9 L/yr - ₹5.8 L/yr 70% less
Bandhan Bank Risk Manager Salary 5 - 13 years exp. (5 salaries)	₹5.2 L/yr - ₹15 L/yr 31% less
Bank of Maharashtra Risk Manager Salary 4 - 7 years exp. (4 salaries)	₹11 L/yr - ₹23 L/yr 15% more

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Risk Manager salary at Indian Bank ranges between ₹12 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 8 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Risk Manager salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹23.3 L/yr
6 years (3 salaries)	₹12 L/yr - ₹24.6 L/yr
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7 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹20 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.5 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹17.5 L/yr

Similar Designation salaries in Indian Bank

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Deputy Manager Salary

(4 salaries)

₹5.1 L/yr - ₹18 L/yr

Team Lead Salary

(4 salaries)

₹4.7 L/yr - ₹18 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.7 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Audit Assistant Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Chartered Accountant Salary

(3 salaries)

₹7.6 L/yr - ₹9.7 L/yr

Salary related reviews for Indian Bank

2.0

Rated by 2 employees for salary & benefits

Branch Manager in Chennai

BFSI, Investments & Trading Department

3.0

• posted on 19 Mar 2022

4.0

for Salary and Benefits

Likes

Job security, some of good Managers, Salary and Compensation is good. Its a government job but culture is quite like private job.

Salary - Good

+2 more

Dislikes

Very much shortage of Staff, Some of the Mangement staff Behaviour is rude and Superior behaves like bossy. Too much workload due to immensely shortage of Staff. Bad promotion policy . Not all the time deserving candidate gets promotion. Transfer policy is poor. They do not consider your request unless you know someone who has influence.

Work satisfaction - Poor

+1 more

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.

see more salary related reviews

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Indian Bank Risk Manager Salary FAQs

What is the salary of Risk Manager at Indian Bank?

Risk Manager salary at Indian Bank in India ranges between ₹12.0 Lakhs to ₹20.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 25% more than the average Risk 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 Risk Manager at Indian Bank India compare with the average salary range for this job?

The average salary of a Risk Manager at Indian Bank is 25% more than the average salary of a Risk Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Indian Bank to a Risk Manager in India?

Deutsche Bank Risk Manager Salary - ₹25.4 Lakhs to ₹44.0 Lakhs per year
NatWest Group Risk Manager Salary - ₹11.6 Lakhs to ₹38.0 Lakhs per year
IDBI Bank Risk Manager Salary - ₹15.0 Lakhs to ₹37.4 Lakhs per year
Canara Bank Risk Manager Salary - ₹12.0 Lakhs to ₹34.0 Lakhs per year
Standard Chartered Risk Manager Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Risk Manager in companies similar to Indian Bank in India?

State Bank of India Risk Manager Salary - ₹16.5 Lakhs to ₹27.0 Lakhs per year
Bank of America Risk Manager Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
Bank of Maharashtra Risk Manager Salary - ₹11.0 Lakhs to ₹23.0 Lakhs per year
NatWest Markets Risk Manager Salary - ₹15.9 Lakhs to ₹20.0 Lakhs per year
Barclays Risk Manager Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year

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

The estimated take-home salary of a Risk Manager at Indian Bank ranges between ₹1,06,286 per month to ₹1,09,211 per month in India. The take-home salary calculation is based on the average Indian Bank Risk Manager salary in India which ranges between ₹12.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Risk Manager at Indian Bank?

According to AmbitionBox, 75% of the Indian Bank Risk Managers reported a notice period of 3 Months, 25% reported a notice period of More than 3 months.This is based on 4 responses on AmbitionBox in last 2 years.

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Indian Bank Risk Manager Salaries

Indian Bank Risk Manager salary in India ranges between ₹12 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.