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IndusInd Bank Area Manager salaries in Mumbai

Annual salary range
12 - 19 years exp.
₹12 Lakhs - ₹19.4 Lakhs
Salary of majority employees
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53% more than the average Area Manager Salary in Banking Companies for 12 - 19 years of experience

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Salaries in different departments

Product Management
Area Manager Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹6.2 L/yr - ₹17 L/yr

BFSI, Investments & Trading
Area Manager Salary
16 years exp. (AmbitionBox Estimate)
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₹15.6 L/yr - ₹27.5 L/yr

Sales & Business Development
Area Manager Salary
19 years exp. (AmbitionBox Estimate)
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₹11.3 L/yr - ₹18.7 L/yr

Last Updated: 4 Jul 2024

Companies similar to IndusInd Bank for Area Manager in Mumbai

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IndusInd Bank Area Manager Salary

12 - 19 years exp. (5 salaries)

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₹12 L/yr - ₹19.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Jana Small Finance Bank Area Manager Salary

2 - 8 years exp. (6 salaries)

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₹2.1 L/yr - ₹4.8 L/yr

arrow icon 70% less
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ICICI Bank Area Manager Salary

2 - 11 years exp. (4 salaries)

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₹5.1 L/yr - ₹8.5 L/yr

arrow icon 46% less
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₹8 L/yr - ₹13 L/yr

arrow icon 19% less
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IDFC FIRST Bank Area Manager Salary

11 - 15 years exp. (3 salaries)

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₹10.5 L/yr - ₹15.5 L/yr

arrow icon 20% less
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₹7 L/yr - ₹12 L/yr

arrow icon 37% less
30 job openings
Area Manager salary at IndusInd Bank ranges between ₹12 Lakhs to ₹19.4 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Area Manager in Mumbai

8mo ago
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16 years exp.
1y ago
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19 years exp.
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13 years exp.
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15 years exp.
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12 years exp.

Experience wise IndusInd Bank Area Manager salaries in Mumbai

Last Updated: 4 Jul 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹24.5 L/yr
13 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹26 L/yr
14 years (AmbitionBox Estimate)

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₹13.8 L/yr - ₹17.6 L/yr
15+ years  (3 salaries)

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₹7.1 L/yr - ₹30 L/yr

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(750 salaries)
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₹1.7 L/yr - ₹8 L/yr
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₹4.8 L/yr - ₹16.5 L/yr
Branch Manager Salary
(81 salaries)
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₹7.65 L/yr - ₹24.94 L/yr
Sales Manager Salary
(53 salaries)
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₹2.4 L/yr - ₹11.24 L/yr
Team Lead Salary
(28 salaries)
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₹2.9 L/yr - ₹9.63 L/yr
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₹4 L/yr - ₹12 L/yr
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₹6.7 L/yr - ₹18 L/yr

Top skills at IndusInd Bank for Area Manager

Team Handling Team Management Sales Management Counselling Business Development Salesforce Key Account Management Digital Marketing Area Sales Management Retail Sales Sales Area Management Construction Channel Sales Channel Management

Salary related reviews for IndusInd Bank

BFSI, Investments & Trading Department

4.0
  •  posted on 30 Nov 2021

3.0
 for  Salary and Benefits

Likes

Great experience , Good place to work for job security and learning.

  • Job security - Excellent
  • +3 more

Dislikes

Lot of politics and management doesn't address issues.On other part such as salary , appraisal issues. On appraisal salary hikes are too short

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 Jan 2025

5.0
 for  Salary and Benefits

Likes

On time salary

  • Salary - Excellent

Dislikes

Please don't select this bank. they will not give proper recognition for our work.bank is good but work nature and way for work is totally bad. Backend process is entirely bad to work . opening an account is impossible for all the customers worst online apps. without backend support employees can't work freely. They need business only but don't support for doing business (support means I am telling about backend process).do not encourage employees for doing work. each and every month pip will be issued for every month Target. I don't even see such a bank like this . Don't spoil your life in joining indusind bank.shares also getting down 👎.bad job security.they will not accept the fault on them till your last date.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 22 Jan 2025

1.0
 for  Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

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Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

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  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 03 Jan 2025

2.0
 for  Salary and Benefits

Likes

Only thing i like salary on 25 of every month nothing else

Dislikes

No proper support from managers branch managers are dangerous towards employee favourite employe get good support . Not treat equally . No proper hr support . Manager use their power to spoil employee life. Unrealistic target . This is not bank these are insurance company. They only focus on insurance. No proper training. No proper support . Second thing if u have do pr die situation then join Indusind bank other wise explore your self and search other opportunities. Hr not received your call . Hr will also not understand your problem even you share medical thereafter they will not relieve you . Hr is only for name and position. Huge politics . If you hard worker employee and source good business then managers will map your clients to his favourite employee. They will treat you like you are slave. (Convulsion) Pls don’t join until and unless you have do or die situation either join for 1 or 6 months after resigned )

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  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 08 Dec 2024

1.0
 for  Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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IndusInd Bank Area Manager Salary FAQs

What is the salary of Area Manager at IndusInd Bank in Mumbai?
The average salary of a Area Manager at IndusInd Bank in Mumbai typically ranges from ₹12.0 Lakhs to ₹19.4 Lakhs per year, depending on experience (from 12 years to 19 years).

The top 10% of Area Manager in Mumbai at IndusInd Bank earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Area Manager Salaries at IndusInd 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 5 IndusInd Bank employees in India.
What is the estimated take home salary of a Area Manager at IndusInd Bank in Mumbai?
The estimated take-home salary of a Area Manager at IndusInd Bank in Mumbai typically ranges from ₹1,07,625 to ₹1,10,593 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹19.4 Lakhs per year for employees with experience ranging from 12 years to 19 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 5 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Area Manager at IndusInd Bank in Mumbai?
To be a Area Manager at IndusInd Bank in Mumbai, the key skills required include:

  • - Team Handling
  • - Team Management
  • - Sales Management
  • - Counselling
  • - Business Development

These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.
What is the salary of a Area Manager in companies similar to IndusInd Bank in Mumbai?
The salary of a Area Manager at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ujjivan Small Finance Bank ₹8.0 Lakhs to ₹13.0 Lakhs per year
IDFC FIRST Bank ₹10.5 Lakhs to ₹15.5 Lakhs per year
ICICI Prudential Life Insurance ₹7.0 Lakhs to ₹12.0 Lakhs per year
ICICI Bank ₹5.1 Lakhs to ₹8.5 Lakhs per year
Jana Small Finance Bank ₹2.1 Lakhs to ₹4.8 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 Area Manager at IndusInd Bank in Mumbai?
The salary growth for a Area Manager at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Area Manager in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
12 years ₹6.2 Lakhs to ₹24.5 Lakhs per year
13 years ₹6.2 Lakhs to ₹26.0 Lakhs per year
14 years ₹13.8 Lakhs to ₹17.6 Lakhs per year
15 years ₹7.1 Lakhs to ₹30.0 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank Area Manager salary in Mumbai ranges between ₹12 Lakhs to ₹19.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.