IndusInd Bank ASM Salaries by 30+ Employees (Updated 2024)

0 - 15 years exp.

₹1.5 Lakh - ₹11.3 Lakhs

Salary of majority employees

15% less than the average ASM Salary in Banking Companies for 0 - 15 years of experience

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Salaries in different departments

Sales & Business Development ASM Salary 3 - 12 years exp. (10 salaries)	₹2 L/yr - ₹11.8 L/yr
Marketing & Communication ASM Salary 5 - 12 years exp. (6 salaries)	₹1.7 L/yr - ₹10.3 L/yr
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BFSI, Investments & Trading ASM Salary 0 - 10 years exp. (3 salaries)	₹2.1 L/yr - ₹9.5 L/yr
Customer Success, Service & Operations ASM Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.9 L/yr

Last Updated: 20 Nov 2024

Companies similar to IndusInd Bank for ASM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank ASM Salary 2 - 18 years exp. (8 salaries)	₹4.9 L/yr - ₹18 L/yr 86% more
ICICI Bank ASM Salary 0 - 5 years exp. (6 salaries)	₹1.2 L/yr - ₹8.1 L/yr 25% less
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Axis Bank ASM Salary 2 - 13 years exp. (23 salaries)	₹2.4 L/yr - ₹10.9 L/yr 5% more
Kotak Mahindra Bank ASM Salary 3 - 15 years exp. (7 salaries)	₹2.5 L/yr - ₹12.3 L/yr 15% more
Yes Bank ASM Salary 4 - 7 years exp. (3 salaries)	₹2.7 L/yr - ₹3 L/yr 55% less
IDFC FIRST Bank ASM Salary 12 - 16 years exp. (5 salaries)	₹11.9 L/yr - ₹24.6 L/yr 177% more
RBL Bank ASM Salary 9 - 14 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr 18% less
Bandhan Bank ASM Salary 9 - 17 years exp. (5 salaries)	₹11.4 L/yr - ₹13 L/yr 100% more
Equitas Small Finance Bank ASM Salary 3 - 21 years exp. (4 salaries)	₹2.7 L/yr - ₹17 L/yr 53% more
DCB Bank ASM Salary 9 - 18 years exp. (4 salaries)	₹9.5 L/yr - ₹12 L/yr 66% more
Jana Small Finance Bank ASM Salary 3 - 12 years exp. (4 salaries)	₹2.9 L/yr - ₹8 L/yr 9% less
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Fincare Small Finance Bank ASM Salary 0 - 20 years exp. (4 salaries)	₹7.5 L/yr - ₹15.5 L/yr 57% more

ASM salary at IndusInd Bank ranges between ₹1.5 Lakh to ₹11.3 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 30 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank ASM salaries

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.2 L/yr
5 years (4 salaries)	₹1.7 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹9.3 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹11.8 L/yr
11 years (3 salaries)	₹7.5 L/yr - ₹11 L/yr
12 years (4 salaries)	₹7.3 L/yr - ₹11.8 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹13 L/yr
15+ years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13 L/yr

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Salary related reviews for IndusInd Bank

3.4

Rated by 15 employees for salary & benefits

Sales Manager in Surat

Full Time

Sales & Business Development Department

1.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

- Salary package good as per market standard.

Dislikes

- Worst Management. - No appreciation for work and achieving targets - Say no every time when trying to apply for leave even if leaves are available and you are informing 2 weeks earlier.

Branch Manager in Kochi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...nonuse at all...you have to recruit staff...suddenly all policies will change...they ensure u don't get bonus or rating if u do not complete amfi or irda...all these r communicated at last minute...no support n extended targets too which u can never achieve..

Business Development Manager in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 23 Aug 2024

3.0

for Salary and Benefits

Likes

Salary on 25th every month.

Dislikes

Caste politics and office politics playing major role in here. Particular higher community lobby destroyed many employees future and lives. Especially tamilnadu sales region.

Business Development Manager in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

4.0

• posted on 03 Apr 2024

3.0

for Salary and Benefits

Likes

Job security, family secured , life insurance & health insurance cover

Dislikes

I do not like Indusind Bank because they deduct a lot of money from the salary, some incentives are made and some are given, the amount that the bank gives in a year is also very less.

Key Account Manager in Ahmedabad

Full Time

Marketing & Communication Department

4.0

• posted on 20 Dec 2023

5.0

for Salary and Benefits

Likes

All over average this bank

Dislikes

Appraisal very bad my performance rating 5 /4.5 4 to 5 % very bed other bank bonus but this bank not provide bonus no Diwali gift very disappointed otherwise business no pressure

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 ASM Salary FAQs

What is the salary of ASM at IndusInd Bank?

ASM salary at IndusInd Bank in India ranges between ₹1.5 Lakhs to ₹11.3 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 15% less than the average ASM Salary in India. Salary estimates are based on 30 latest salaries received from various employees of IndusInd Bank India.

How does the salary of a ASM at IndusInd Bank India compare with the average salary range for this job?

The average salary of a ASM at IndusInd Bank is 15% less than the average salary of a ASM in India. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a ASM in India?

IDFC FIRST Bank ASM Salary - ₹11.9 Lakhs to ₹24.6 Lakhs per year
Bandhan Bank ASM Salary - ₹11.4 Lakhs to ₹13.0 Lakhs per year
HDFC Bank ASM Salary - ₹4.9 Lakhs to ₹18.0 Lakhs per year
DCB Bank ASM Salary - ₹9.5 Lakhs to ₹12.0 Lakhs per year
Fincare Small Finance Bank ASM Salary - ₹7.5 Lakhs to ₹15.5 Lakhs per year

What is the salary of a ASM in companies similar to IndusInd Bank in India?

Equitas Small Finance Bank ASM Salary - ₹2.7 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Bank ASM Salary - ₹2.5 Lakhs to ₹12.3 Lakhs per year
Axis Bank ASM Salary - ₹2.4 Lakhs to ₹10.9 Lakhs per year
Jana Small Finance Bank ASM Salary - ₹2.9 Lakhs to ₹8.0 Lakhs per year
RBL Bank ASM Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a ASM at IndusInd Bank in India?

The estimated take-home salary of a ASM at IndusInd Bank ranges between ₹47,793 per month to ₹48,924 per month in India. The take-home salary calculation is based on the average IndusInd Bank ASM salary in India which ranges between ₹1.5 Lakhs to ₹11.3 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?

What is the notice period for ASM at IndusInd Bank?

According to AmbitionBox, 52% of the IndusInd Bank ASMs reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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IndusInd Bank ASM Salaries

IndusInd Bank ASM salary in India ranges between ₹1.5 Lakh to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 IndusInd Bank latest salaries received from various employees of IndusInd Bank.