IndusInd Bank Associate Manager Salaries by 1100+ Employees (Updated 2025)

0 - 10 years exp.

₹1.8 Lakh - ₹6.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

74% less than the average Associate Manager Salary in Banking Companies for 0 - 10 years of experience

Interested in this particular role? 16 job openings

Salaries in different departments

Customer Success, Service & Operations Associate Manager Salary 0 - 10 years exp. (405 salaries)	₹2 L/yr - ₹6.8 L/yr
BFSI, Investments & Trading Associate Manager Salary 0 - 10 years exp. (288 salaries)	₹1.9 L/yr - ₹6.5 L/yr
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Finance & Accounting Associate Manager Salary 0 - 10 years exp. (126 salaries)	₹2 L/yr - ₹6.5 L/yr
Sales & Business Development Associate Manager Salary 0 - 10 years exp. (44 salaries)	₹2.5 L/yr - ₹4.9 L/yr
Risk Management & Compliance Associate Manager Salary 0 - 8 years exp. (42 salaries)	₹2.5 L/yr - ₹6.6 L/yr

Last Updated: 31 Mar 2025

Companies similar to IndusInd Bank for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Associate Manager Salary 3 - 17 years exp. (2.3k salaries)	₹5.4 L/yr - ₹20 L/yr 182% more
Deutsche Bank Associate Manager Salary 7 - 16 years exp. (337 salaries)	₹6.1 L/yr - ₹22.4 L/yr 253% more
Login to view exact salary
IDFC FIRST Bank Associate Manager Salary 0 - 5 years exp. (238 salaries)	₹2.4 L/yr - ₹8.1 L/yr 13% less	3 job openings
NatWest Group Associate Manager Salary 9 - 15 years exp. (46 salaries)	₹7.5 L/yr - ₹19 L/yr 226% more
ICICI Bank Associate Manager Salary 0 - 6 years exp. (37 salaries)	₹2.2 L/yr - ₹7.6 L/yr 2% less
NatWest Markets Associate Manager Salary 9 - 13 years exp. (25 salaries)	₹10 L/yr - ₹18.5 L/yr 245% more
Barclays Associate Manager Salary 3 - 16 years exp. (20 salaries)	₹10.3 L/yr - ₹14.7 L/yr 172% more
Yes Bank Associate Manager Salary 0 - 9 years exp. (18 salaries)	₹2.4 L/yr - ₹6.5 L/yr 8% less
Axis Bank Associate Manager Salary 1 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹5.1 L/yr 6% less
HSBC Global Banking and Markets Associate Manager Salary 10 - 12 years exp. (6 salaries)	₹15 L/yr - ₹19.9 L/yr 304% more
AU Small Finance Bank Associate Manager Salary 3 - 6 years exp. (6 salaries)	₹3.4 L/yr - ₹4.5 L/yr 3% less
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Federal Bank Associate Manager Salary 0 - 12 years exp. (5 salaries)	₹9.2 L/yr - ₹12 L/yr 157% more
Equitas Small Finance Bank Associate Manager Salary 4 - 5 years exp. (4 salaries)	₹3 L/yr - ₹5.9 L/yr 7% more
Bank of America Associate Manager Salary 8 - 11 years exp. (4 salaries)	₹10 L/yr - ₹15.9 L/yr 228% more
IDBI Bank Associate Manager Salary 3 - 8 years exp. (3 salaries)	₹11 L/yr - ₹18 L/yr 251% more
Ujjivan Small Finance Bank Associate Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 5% less

Associate Manager salary at IndusInd Bank ranges between ₹1.8 Lakh to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 1.1k latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Associate Manager salaries

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
Fresher (33 salaries)	₹2 L/yr - ₹6 L/yr
1 year (74 salaries)	₹1.8 L/yr - ₹5.8 L/yr
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2 years (120 salaries)	₹1.9 L/yr - ₹6.5 L/yr
3 years (202 salaries)	₹1.8 L/yr - ₹6.4 L/yr
4 years (209 salaries)	₹2 L/yr - ₹6.6 L/yr
5 years (180 salaries)	₹2 L/yr - ₹6.8 L/yr
6 years (144 salaries)	₹2.3 L/yr - ₹6.8 L/yr
7 years (84 salaries)	₹2.6 L/yr - ₹6.3 L/yr
8 years (58 salaries)	₹2.5 L/yr - ₹6.5 L/yr
9 years (34 salaries)	₹3 L/yr - ₹6.5 L/yr
10 years (9 salaries)	₹3.1 L/yr - ₹8.3 L/yr

View all

From

Associate Manager

₹

Lakhs/yr

0 - 10 years exp.

Vice President

₹

Lakhs/yr

11 - 22 years exp.

Associate Manager

0 - 10 years exp.

Deputy Manager

0 - 13 years exp.

18% hike

Manager

0 - 16 years exp.

53% 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.

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Project Lead Salary

(4 salaries)

₹11.2 L/yr - ₹15.5 L/yr

Module Lead Salary

(AmbitionBox Estimate)

₹10.9 L/yr - ₹13.9 L/yr

Software Engineer Salary

(15 salaries)

₹3.48 L/yr - ₹9.8 L/yr

Technical Lead Salary

(4 salaries)

₹24 L/yr - ₹27.5 L/yr

Senior Engineer Salary

(3 salaries)

₹16 L/yr - ₹20 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹30.6 L/yr - ₹39.1 L/yr

Team Lead Salary

(128 salaries)

₹1.2 L/yr - ₹7 L/yr

Top skills at IndusInd Bank for Associate Manager

Operations Management Customer Service Banking Operations Credit Operations Business Process Management

Salary related reviews for IndusInd Bank

3.1

Rated by 151 employees for salary & benefits

Associate Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Jul 2024

2.0

for Salary and Benefits

Likes

There is no such thing to like

Dislikes

...and except to complete it before the deadline along with your main/current work. They don't pay you good. Working Environment is not that good.

Salary - Poor

+5 more

Associate Manager in Chennai

Full Time

Finance & Accounting Department

1.0

• posted on 06 May 2023

1.0

for Salary and Benefits

Likes

Just on time salary that’s it

Dislikes

Worst culture I have ever seen in my professional life. They posted me in Chennai location before joining they said only u have to pitch for sales but once u joined they clearly tell that only u have to do sales only no customer service in sales u have to do loans emi, insurance , card upgrade and for incentives they will give after 3 months not every month that to in Sodexo card now come to incentive that too they will give according to quality percentage. I will give example I did loans n emi per month more than 1cr but after 3 month I get incentives 2k like that my quality was 85 to 90 per. Don’t join they will harass like anything everyday overtime after 9hr u have to extend at-least 1 hr. If u r going to join then it’s ur choice.

Salary - Bad

+6 more

Associate Manager in Chennai

Contact Center Department

3.0

• posted on 21 Jun 2020

1.0

for Salary and Benefits

Likes

...is adjusted against ur non present day . Even it is declared off by government . Salary given as officially I m on my own holiday. I can't take any pl or cl till March 2021

Job security - Good

Dislikes

Poor management. Bias with local people . Otherwise company is very good . People should stop thinking they r only

Salary - Bad

+4 more

Associate Manager in Mumbai

Overall good Department

5.0

• posted on 08 Aug 2017

2.0

for Salary and Benefits

Likes

Employee employer relationship very good, allowance too good very understanding staff no problem about leaves no salary deduction for any problem salary on or before 1 day u will get but not late.....

Skill development - Excellent

+5 more

Dislikes

The only thing I dislike is very less bonus that also they give too late after 6month and hike/increment is nothing officers are getting hike from 70₹ to upto 1000 this make people to leave company after 1or 2 year

Salary - Poor

Emerging Corporate Business Development Manager in Kolkata

Full Time

Other Department

3.0

• posted on 17 Mar 2025

3.0

for Salary and Benefits

Likes

When r u selected for company then salary hike is very good Continum is best policy for this bank .

Dislikes

Not proper training . Work culture is very bad Huge pressure and if unable to deliver then use own fund . Leaking leg upper management by Bm nd ASM for there won't job security and appraisal.

Skill development - Bad

+5 more

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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

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IndusInd Bank Associate Manager Salary FAQs

What is the salary of Associate Manager at IndusInd Bank ?

The average salary of a Associate Manager at IndusInd Bank in India typically ranges from ₹1.8 Lakhs to ₹6.8 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Associate Manager at IndusInd Bank earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Associate 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 1100+ IndusInd Bank employees in India.

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

The estimated take-home salary of a Associate Manager at IndusInd Bank in India typically ranges from ₹30,185 to ₹31,497 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹6.8 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 1100+ 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 Associate Manager at IndusInd Bank ?

To be a Associate Manager at IndusInd Bank in india, the key skills required include:

- Operations Management
- Customer Service
- Banking Operations
- Credit Operations
- Business Process Management

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 Associate Manager in India?

HSBC Global Banking and Markets	₹15.0 Lakhs to ₹19.9 Lakhs per year
Deutsche Bank	₹6.1 Lakhs to ₹22.4 Lakhs per year
IDBI Bank	₹11.0 Lakhs to ₹18.0 Lakhs per year
NatWest Markets	₹10.0 Lakhs to ₹18.5 Lakhs per year
Bank of America	₹10.0 Lakhs to ₹15.9 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 Associate Manager in companies similar to IndusInd Bank in India?

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

NatWest Group	₹7.5 Lakhs to ₹19.0 Lakhs per year
Standard Chartered	₹5.4 Lakhs to ₹20.0 Lakhs per year
Barclays	₹10.3 Lakhs to ₹14.7 Lakhs per year
Federal Bank	₹9.2 Lakhs to ₹12.0 Lakhs per year
Equitas Small Finance Bank	₹3.0 Lakhs to ₹5.9 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 Associate Manager at IndusInd Bank in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹6.0 Lakhs per year
1 year	₹1.8 Lakhs to ₹5.8 Lakhs per year
2 years	₹1.9 Lakhs to ₹6.5 Lakhs per year
3 years	₹1.8 Lakhs to ₹6.4 Lakhs per year

and so on.

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IndusInd Bank Associate Manager Salaries

IndusInd Bank Associate Manager salary in India ranges between ₹1.8 Lakh to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 1.1k IndusInd Bank latest salaries received from various employees of IndusInd Bank.

IndusInd Bank Associate Manager salaries in India (Updated 2025)

Companies similar to IndusInd Bank for Associate Manager

Latest annual salaries shared by IndusInd Bank Associate Manager

Experience wise IndusInd Bank Associate Manager salaries

Similar Designation salaries in IndusInd Bank

Top skills at IndusInd Bank for Associate Manager

Salary related reviews for IndusInd Bank

Associate Manager in Mumbai

Associate Manager in Chennai

Associate Manager in Chennai

Associate Manager in Mumbai

Emerging Corporate Business Development Manager in Kolkata

IndusInd Bank Associate Manager Salary FAQs

Tell us how to improve this page.

IndusInd Bank Associate Manager Salaries by Location