IndusInd Bank Mumbai Assistant Manager Salaries by 500+ Employees (Updated 2025)

0 - 10 years exp.

₹1.7 Lakh - ₹6.2 Lakhs

Salary of majority employees

54% less than the average Assistant Manager Salary in Banking Companies for 0 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 0 - 10 years exp. (180 salaries)	₹1.8 L/yr - ₹6.1 L/yr
Customer Success, Service & Operations Assistant Manager Salary 0 - 9 years exp. (144 salaries)	₹2 L/yr - ₹6.2 L/yr
Login to view exact salary
Finance & Accounting Assistant Manager Salary 0 - 9 years exp. (77 salaries)	₹1.7 L/yr - ₹6 L/yr
Sales & Business Development Assistant Manager Salary 0 - 9 years exp. (43 salaries)	₹2.2 L/yr - ₹5 L/yr
Marketing & Communication Assistant Manager Salary 1 - 7 years exp. (5 salaries)	₹1.9 L/yr - ₹5 L/yr

Last Updated: 24 Mar 2025

Companies similar to IndusInd Bank for Assistant Manager in Mumbai

IndusInd Bank Assistant Manager Salary

0 - 10 years exp. (577 salaries)

₹1.7 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 8% more	2 job openings
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 7% more
Login to view exact salary
Yes Bank Assistant Manager Salary 0 - 11 years exp. (836 salaries)	₹2.4 L/yr - ₹6.6 L/yr 18% more	1 job opening
IDFC FIRST Bank Assistant Manager Salary 0 - 12 years exp. (555 salaries)	₹2.3 L/yr - ₹6.6 L/yr 27% more
AU Small Finance Bank Assistant Manager Salary 0 - 12 years exp. (181 salaries)	₹2.6 L/yr - ₹7 L/yr 28% more
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (173 salaries)	₹5 L/yr - ₹17.5 L/yr 226% more
Bank of America Assistant Manager Salary 2 - 18 years exp. (163 salaries)	₹8 L/yr - ₹24.5 L/yr 362% more	11 job openings
Standard Chartered Assistant Manager Salary 2 - 17 years exp. (131 salaries)	₹5 L/yr - ₹18.4 L/yr 199% more
Federal Bank Assistant Manager Salary 0 - 9 years exp. (103 salaries)	₹7 L/yr - ₹18.5 L/yr 251% more
Equitas Small Finance Bank Assistant Manager Salary 0 - 10 years exp. (67 salaries)	₹2.2 L/yr - ₹5.3 L/yr 3% less

View all

Assistant Manager salary at IndusInd Bank ranges between ₹1.7 Lakh to ₹6.2 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 577 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Assistant Manager salaries in Mumbai

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
Fresher (19 salaries)	₹2.2 L/yr - ₹4.5 L/yr
1 year (36 salaries)	₹1.7 L/yr - ₹4.2 L/yr
Login to view exact salary
2 years (76 salaries)	₹1.7 L/yr - ₹5.4 L/yr
3 years (97 salaries)	₹2 L/yr - ₹5.2 L/yr
4 years (101 salaries)	₹2 L/yr - ₹6 L/yr
5 years (90 salaries)	₹2 L/yr - ₹5.2 L/yr
6 years (61 salaries)	₹2 L/yr - ₹6.2 L/yr
7 years (56 salaries)	₹2.4 L/yr - ₹5.7 L/yr
8 years (25 salaries)	₹2.6 L/yr - ₹6 L/yr
9 years (13 salaries)	₹3.3 L/yr - ₹5.4 L/yr
10 years (3 salaries)	₹4.1 L/yr - ₹5 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

0 - 10 years exp.

Vice President

₹

Lakhs/yr

11 - 22 years exp.

Assistant Manager

0 - 10 years exp.

Deputy Manager

0 - 13 years exp.

28% hike

Manager

0 - 16 years exp.

51% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(750 salaries)

₹1.7 L/yr - ₹8 L/yr

Branch Manager Salary

(81 salaries)

₹7.65 L/yr - ₹24.94 L/yr

Sales Manager Salary

(53 salaries)

₹2.4 L/yr - ₹11.24 L/yr

Operations Manager Salary

(21 salaries)

₹4 L/yr - ₹10 L/yr

Team Manager Salary

(3 salaries)

₹5.1 L/yr - ₹11 L/yr

Top skills at IndusInd Bank for Assistant Manager

Commercial Vehicle CV Sales hcv Construction Equipment

Salary related reviews for IndusInd Bank

3.2

Rated by 61 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

Job Security, working culture is good, supporting staff and managerial staff cooperative

Job security - Excellent

+1 more

Dislikes

Appraisal and salary hike is below expectation , appraisal is not basis on your performance, no skill development and learning exposure

Salary - Poor

+3 more

Assistant Manager in Mumbai

Other Department

2.0

• posted on 10 Jul 2021

1.0

for Salary and Benefits

Likes

My teammates are very good and only LTA system is good.

Dislikes

Terrible Management never care about employee. Politics is every where in bank. Salary is decent only in the offer latter in reality 25% deduction on salary.

Salary - Bad

+3 more

Assistant Manager in Nagaon

Full Time

Finance & Accounting Department

5.0

• posted on 04 Jan 2025

4.0

for Salary and Benefits

Likes

The challenges presented in my role push me to constantly learn and develop new skills. Working with a diverse team of colleagues allows for different perspectives and collaborative problem-solving

Salary - Good

+6 more

Dislikes

salary and benefits : Being underpaid for the work you perform can cause you to become unhappy.

Assistant Manager in Gangtok

Full Time

Sales & Business Development Department

1.0

• posted on 25 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing at all. working hard for full year so that I can grow but ultimately nothing is given by bank laike other banks provide good bonus and salary hike

Work-life balance - Excellent

Dislikes

No work culture at all and reward after all the Hard work at end of FY bonus is so pathetic

Salary - Bad

+5 more

Assistant Manager in Nagpur

Full Time

Sales & Business Development Department

5.0

• posted on 02 Oct 2023

5.0

for Salary and Benefits

Likes

...d Appraisal too let For Example : 1 April 2022 To 31 March 2023 this one year . Platform employee is expected my appraisal letter provide April 2023 or May 2023 but Indusind Bank provide Appraisal lette and salary haik October 2023 . 6 Months let to provide Appraisal letter and salary high .

Salary - Excellent

+5 more

Dislikes

Promotion and Appraisal is too let

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about IndusInd Bank?

Ask anonymously on communities.

IndusInd Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at IndusInd Bank in Mumbai?

The average salary of a Assistant Manager at IndusInd Bank in Mumbai typically ranges from ₹1.7 Lakhs to ₹6.2 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Assistant Manager in Mumbai at IndusInd Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Assistant 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 500+ IndusInd Bank employees in India.

What is the estimated take home salary of a Assistant Manager at IndusInd Bank in Mumbai?

The estimated take-home salary of a Assistant Manager at IndusInd Bank in Mumbai typically ranges from ₹28,125 to ₹29,518 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from Fresher to 10 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 500+ 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 Assistant Manager at IndusInd Bank in Mumbai?

To be a Assistant Manager at IndusInd Bank in Mumbai, the key skills required include:

- Commercial Vehicle
- CV
- Sales
- hcv
- Construction Equipment

These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IndusInd Bank for Assistant Manager in India?

Reserve Bank of India	₹9.0 Lakhs to ₹35.0 Lakhs per year
Bank of America	₹8.0 Lakhs to ₹24.5 Lakhs per year
Barclays	₹7.5 Lakhs to ₹24.0 Lakhs per year
Federal Bank	₹7.0 Lakhs to ₹18.5 Lakhs per year
IDBI Bank	₹5.0 Lakhs to ₹17.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IndusInd Bank, depending on the role and experience level.

What is the salary of a Assistant Manager in companies similar to IndusInd Bank in Mumbai?

The salary of a Assistant Manager at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indian Overseas Bank	₹8.0 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda	₹6.0 Lakhs to ₹16.8 Lakhs per year
Standard Chartered	₹5.0 Lakhs to ₹18.4 Lakhs per year
Indian Bank	₹8.4 Lakhs to ₹12.0 Lakhs per year
Central Bank of India	₹6.0 Lakhs to ₹15.0 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 Assistant Manager at IndusInd Bank in Mumbai?

The salary growth for a Assistant Manager at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience	Average Salary Range
Fresher	₹2.2 Lakhs to ₹4.5 Lakhs per year
1 year	₹1.7 Lakhs to ₹4.2 Lakhs per year
2 years	₹1.7 Lakhs to ₹5.4 Lakhs per year
3 years	₹2.0 Lakhs to ₹5.2 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
IndusInd Bank Salaries >
IndusInd Bank Assistant Manager Salaries >
IndusInd Bank Assistant Manager Salaries in Mumbai

IndusInd Bank Assistant Manager salary in Mumbai ranges between ₹1.7 Lakh to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 577 IndusInd Bank latest salaries received from various employees of IndusInd Bank.

IndusInd Bank Assistant Manager salaries in Mumbai (Updated 2025)

Companies similar to IndusInd Bank for Assistant Manager in Mumbai

Latest annual salaries shared by IndusInd Bank Assistant Manager in Mumbai

Experience wise IndusInd Bank Assistant Manager salaries in Mumbai

Similar Designation salaries in IndusInd Bank

Top skills at IndusInd Bank for Assistant Manager

Salary related reviews for IndusInd Bank

Assistant Manager in Mumbai

Assistant Manager in Mumbai

Assistant Manager in Nagaon

Assistant Manager in Gangtok

Assistant Manager in Nagpur

IndusInd Bank Assistant Manager Salary FAQs

Tell us how to improve this page.