IndusInd Bank Area Mortgages Sales Manager Salaries by 8 Employees (Updated 2024)

6 - 9 years exp.

₹5.6 Lakhs - ₹10.5 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Area Mortgages Sales Manager Salary in Banking Companies for 6 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Mortgages Sales Manager Salary 6 - 8 years exp. (3 salaries)	₹5.6 L/yr - ₹7.1 L/yr
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Sales & Business Development Area Mortgages Sales Manager Salary 6 - 9 years exp. (3 salaries)	₹7.4 L/yr - ₹9 L/yr

Last Updated: 17 Mar 2023

Companies similar to IndusInd Bank for Area Mortgages Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Mortgages Sales Manager Salary 11 - 16 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 127% more
Axis Bank Area Mortgages Sales Manager Salary 13 - 17 years exp. (7 salaries)	₹12 L/yr - ₹21 L/yr 124% more
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Kotak Mahindra Bank Area Mortgages Sales Manager Salary 17 - 20 years exp. (3 salaries)	₹14.5 L/yr - ₹21.5 L/yr 121% more
Yes Bank Area Mortgages Sales Manager Salary 12 - 13 years exp. (3 salaries)	₹14 L/yr - ₹16 L/yr 95% more
Bandhan Bank Area Mortgages Sales Manager Salary 10 - 12 years exp. (4 salaries)	₹9.7 L/yr - ₹17 L/yr 59% more
DCB Bank Area Mortgages Sales Manager Salary 9 - 15 years exp. (5 salaries)	₹10 L/yr - ₹14.7 L/yr 66% more

Area Mortgages Sales Manager salary at IndusInd Bank ranges between ₹5.6 Lakhs to ₹10.5 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 8 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Area Mortgages Sales Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹9 L/yr
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8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹13.7 L/yr
9 years (3 salaries)	₹6.6 L/yr - ₹10.5 L/yr

Salary related reviews for IndusInd Bank

1.0

Rated by 1 employees for salary & benefits

Associate Vice President in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Dec 2024

4.0

for Salary and Benefits

Likes

...corporate. Work life balance, knowledge uplift, work satisfaction are very good. Salary and Appraisal are low when compared to industry. Seniors guide us well.

Dislikes

Salary and Appraisal.

Deputy Manager in Guwahati

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.

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 04 Dec 2024

2.0

for Salary and Benefits

Likes

Job security, salary on time

Dislikes

At Opus center, Mumbai, Work culture is very pathetic, the super Manager raises issues which are not even required and are small. Work life balance is poor. Hasim Shaikh is Therki and favour majority female employees. Promotion is poorly done.

Key Account Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 28 Nov 2024

3.0

for Salary and Benefits

Likes

While hiring they will give you nice package. You will be exited.

Dislikes

After joining you will not get time to learn the process of the bank. Because they will tell upfront that you have not been hired for providing services to the customer. After completion of 3 months you will start listening that "if you can't then leave the company we can hire 2 more people in your salary". Senior managers are least bother about your efforts because they want only result. Requesting everyone think 10 times before joining this company. Managers threatening saying " If Life Insurance will not happen today then you will see hell in your life today and go wherever you can complain against me I am least bother" There are lot of things to say but I can not explain everything in this. But before joining this company ask your friends or resources and take a genuine feedback then take your decision.

Select Relationship Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

4.0

for Salary and Benefits

Likes

They give you good hike or good package while hiring

Dislikes

After joining they will make your life hell, there are so many policies related to employee they made but no seniors follows. They will make you feel resigning and going home. Also the kind of threatening you will get that will make your life miserable. They will bluntly that you complain wherever you want I don't care. Just put down paper andvget out from the branch. I should not see your face next day at branch.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IndusInd Bank Area Mortgages Sales Manager Salary FAQs

What is the salary of Area Mortgages Sales Manager at IndusInd Bank?

Area Mortgages Sales Manager salary at IndusInd Bank in India ranges between ₹5.6 Lakhs to ₹10.5 Lakhs for experience between 6 years to 9 years. According to our estimates it is 42% less than the average Area Mortgages Sales Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of IndusInd Bank India.

How does the salary of a Area Mortgages Sales Manager at IndusInd Bank India compare with the average salary range for this job?

The average salary of a Area Mortgages Sales Manager at IndusInd Bank is 42% less than the average salary of a Area Mortgages Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a Area Mortgages Sales Manager in India?

HDFC Bank Area Mortgages Sales Manager Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
Axis Bank Area Mortgages Sales Manager Salary - ₹12.0 Lakhs to ₹21.0 Lakhs per year
Kotak Mahindra Bank Area Mortgages Sales Manager Salary - ₹14.5 Lakhs to ₹21.5 Lakhs per year
Yes Bank Area Mortgages Sales Manager Salary - ₹14.0 Lakhs to ₹16.0 Lakhs per year
DCB Bank Area Mortgages Sales Manager Salary - ₹10.0 Lakhs to ₹14.7 Lakhs per year

What is the salary of a Area Mortgages Sales Manager in companies similar to IndusInd Bank in India?

Bandhan Bank Area Mortgages Sales Manager Salary - ₹9.7 Lakhs to ₹17.0 Lakhs per year

What is the estimated take home salary of a Area Mortgages Sales Manager at IndusInd Bank in India?

The estimated take-home salary of a Area Mortgages Sales Manager at IndusInd Bank ranges between ₹56,416 per month to ₹57,832 per month in India. The take-home salary calculation is based on the average IndusInd Bank Area Mortgages Sales Manager salary in India which ranges between ₹5.6 Lakhs to ₹10.5 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Area Mortgages Sales Manager at IndusInd Bank?

According to AmbitionBox, 100% of the IndusInd Bank Area Mortgages Sales Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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IndusInd Bank Area Mortgages Sales Manager Salaries

IndusInd Bank Area Mortgages Sales Manager salary in India ranges between ₹5.6 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 IndusInd Bank latest salaries received from various employees of IndusInd Bank.