IndusInd Bank Chennai Assistant Vice President 1 Salaries by 5 Employees (Updated 2024)

7 - 18 years exp.

₹12.5 Lakhs - ₹17 Lakhs

Salary of majority employees

16% less than the average Assistant Vice President 1 Salary in Banking Companies for 7 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Vice President 1 Salary 7 - 18 years exp. (3 salaries)	₹12.5 L/yr - ₹17 L/yr
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Sales & Business Development Assistant Vice President 1 Salary 9 years exp. (AmbitionBox Estimate)	₹13.1 L/yr - ₹15 L/yr

Last Updated: 8 Aug 2024

Companies similar to IndusInd Bank for Assistant Vice President 1 in Chennai

IndusInd Bank Assistant Vice President 1 Salary

7 - 18 years exp. (5 salaries)

₹12.5 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Vice President 1 Salary 8 - 17 years exp. (3 salaries)	₹15 L/yr - ₹19 L/yr 29% more
Equitas Small Finance Bank Assistant Vice President 1 Salary 8 - 17 years exp. (8 salaries)	₹9.1 L/yr - ₹20 L/yr 3% more
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Barclays Assistant Vice President 1 Salary 10 - 12 years exp. (4 salaries)	₹24 L/yr - ₹34 L/yr 112% more
Apex Group Assistant Vice President 1 Salary 10 - 12 years exp. (4 salaries)	₹15 L/yr - ₹17 L/yr 18% more	2 job openings

Assistant Vice President 1 salary at IndusInd Bank ranges between ₹12.5 Lakhs to ₹17 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Assistant Vice President 1 salaries in Chennai

Last Updated: 8 Aug 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
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9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹15 L/yr
10 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
11 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
12 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.3 L/yr
13 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
14 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
15+ years (AmbitionBox Estimate)	₹12.5 L/yr - ₹17 L/yr

View all

Similar Designation salaries in IndusInd Bank

Software Developer Salary

(5 salaries)

₹5.05 L/yr - ₹11 L/yr

Software Engineer Salary

(3 salaries)

₹2.1 L/yr - ₹10.17 L/yr

Senior Associate Salary

(3 salaries)

₹3.6 L/yr - ₹5.9 L/yr

Salary related reviews for IndusInd Bank

5.0

Rated by 1 employees for salary & benefits

Programmer Analyst in Chennai

Full Time

Engineering - Software & QA Department

3.0

• posted on 18 Jan 2024

2.0

for Salary and Benefits

Likes

You can learn more work and knowledge. 100% job security and there is no delay in salary credit.

Dislikes

No appraisal, Work environment was worst, need to work on Saturday and holidays. Salary is not satisfied.

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.

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 Assistant Vice President 1 Salary FAQs

What is the salary of Assistant Vice President 1 at IndusInd Bank Chennai?

Assistant Vice President 1 salary at IndusInd Bank in Chennai ranges between ₹12.5 Lakhs to ₹17.0 Lakhs for experience between 7 years to 18 years. According to our estimates it is 16% less than the average Assistant Vice President 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank Chennai.

How does the salary of a Assistant Vice President 1 at IndusInd Bank Chennai compare with the average salary range for this job?

The average salary of a Assistant Vice President 1 at IndusInd Bank is 16% less than the average salary of a Assistant Vice President 1 in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a Assistant Vice President 1 in Chennai?

Barclays Assistant Vice President 1 Salary - ₹24.0 Lakhs to ₹34.0 Lakhs per year
HDFC Bank Assistant Vice President 1 Salary - ₹15.0 Lakhs to ₹19.0 Lakhs per year
Apex Group Assistant Vice President 1 Salary - ₹15.0 Lakhs to ₹17.0 Lakhs per year
Equitas Small Finance Bank Assistant Vice President 1 Salary - ₹9.1 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Assistant Vice President 1 at IndusInd Bank in Chennai?

The estimated take-home salary of a Assistant Vice President 1 at IndusInd Bank ranges between ₹98,292 per month to ₹1,00,959 per month in Chennai. The take-home salary calculation is based on the average IndusInd Bank Assistant Vice President 1 salary in India which ranges between ₹12.5 Lakhs to ₹17.0 Lakhs per year for employees with experience between 7 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President 1 at IndusInd Bank in Chennai?

According to AmbitionBox, 75% of the IndusInd Bank Assistant Vice President 1s in Chennai reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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IndusInd Bank Assistant Vice President 1 Salaries in Chennai

IndusInd Bank Assistant Vice President 1 salary in Chennai ranges between ₹12.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.