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IndusInd Bank Associate Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 10 years exp.
₹1.9 Lakh - ₹6.8 Lakhs
Salary of majority employees
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76% less than the average Associate Manager Salary in Banking Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Manager Salary
0 - 9 years exp. (137 salaries)
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₹1.9 L/yr - ₹6.5 L/yr

Customer Success, Service & Operations
Associate Manager Salary
0 - 10 years exp. (136 salaries)
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₹2 L/yr - ₹6.8 L/yr

Finance & Accounting
Associate Manager Salary
0 - 10 years exp. (79 salaries)
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₹2.1 L/yr - ₹6.5 L/yr

Risk Management & Compliance
Associate Manager Salary
0 - 7 years exp. (14 salaries)
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₹2.5 L/yr - ₹5.5 L/yr

Sales & Business Development
Associate Manager Salary
0 - 7 years exp. (12 salaries)
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₹3 L/yr - ₹4.6 L/yr

Last Updated: 2 Mar 2025

Companies similar to IndusInd Bank for Associate Manager in Mumbai

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IndusInd Bank Associate Manager Salary

0 - 10 years exp. (472 salaries)

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₹1.9 L/yr - ₹6.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Associate Manager Salary

1 - 6 years exp. (8 salaries)

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₹3.2 L/yr - ₹5 L/yr

arrow icon 4% less
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ICICI Bank Associate Manager Salary

0 - 6 years exp. (8 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 12% less
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Kotak Mahindra Bank Associate Manager Salary

1 - 6 years exp. (15 salaries)

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₹3 L/yr - ₹5.1 L/yr

arrow icon 16% less
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Yes Bank Associate Manager Salary

3 - 9 years exp. (10 salaries)

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₹3.2 L/yr - ₹6.5 L/yr

arrow icon 4% less
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Standard Chartered Associate Manager Salary

3 - 16 years exp. (55 salaries)

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₹5.5 L/yr - ₹15.5 L/yr

arrow icon 137% more
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IDFC FIRST Bank Associate Manager Salary

0 - 6 years exp. (29 salaries)

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₹2.4 L/yr - ₹7 L/yr

arrow icon 12% less
3 job openings
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RBL Bank Associate Manager Salary

3 - 4 years exp. (3 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 12% less
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Deutsche Bank Associate Manager Salary

7 - 14 years exp. (46 salaries)

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₹10 L/yr - ₹24 L/yr

arrow icon 260% more
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₹13.5 L/yr - ₹17.2 L/yr

arrow icon 271% more

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Associate Manager salary at IndusInd Bank ranges between ₹1.9 Lakh to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 472 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Associate Manager in Mumbai

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Experience wise IndusInd Bank Associate Manager salaries in Mumbai

Last Updated: 2 Mar 2025

Experience Avg Annual Salary
Fresher  (17 salaries)

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₹2.8 L/yr - ₹6 L/yr
1 year  (35 salaries)

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₹2 L/yr - ₹5.8 L/yr
2 years  (49 salaries)

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₹1.9 L/yr - ₹5 L/yr
3 years  (87 salaries)

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₹2 L/yr - ₹6.4 L/yr
4 years  (79 salaries)

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₹2 L/yr - ₹6.5 L/yr
View all
IndusInd Bank Associate Manager Salary and Career Growth

From

To

Associate Manager

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0 - 10 years exp.

Vice President

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11 - 22 years exp.

Associate Manager 0 - 10 years exp.
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Deputy Manager 0 - 13 years exp.
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arrow icon 22% hike
Manager 0 - 16 years exp.
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arrow icon 49% hike

View more

Similar Designation salaries in IndusInd Bank

Project Manager Salary
(48 salaries)
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₹9.4 L/yr - ₹31.5 L/yr
Team Lead Salary
(26 salaries)
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₹2.9 L/yr - ₹9.81 L/yr
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₹3.6 L/yr - ₹7.51 L/yr
Project Lead Salary
(4 salaries)
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₹11.2 L/yr - ₹15.5 L/yr

Top skills at IndusInd Bank for Associate Manager

Operations Management Risk Management Banking Operations Credit Appraisal Corporate Credit

Salary related reviews for IndusInd Bank

2.8

Rated by 47 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +5 more

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.....

read more
  • 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

read more
  • Salary - Poor

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.

read more
  • Salary - Bad
  • +6 more

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

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  • 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

Full Time

 · 

Legal & Regulatory Department

3.0
  •  posted on 10 Feb 2025

2.0
 for  Salary and Benefits

Likes

Some managers are nice, Saturdays are off Flexible timings Work life balance is fine. Job security if u work really well.

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  • Job security - Good
  • +2 more

Dislikes

No Salary hike. Even house help can get more hike than here promotion Skill development Managers can be annoying They will dump more work on person who works efficiently others can enjoy with no work and salary. Salary increment very poor even for the person gets amazing Performance ratings. No promotion also.

read more
  • Salary - Poor
  • +2 more
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IndusInd Bank Associate Manager Salary FAQs

What is the salary of Associate Manager at IndusInd Bank Mumbai?
Associate Manager salary at IndusInd Bank in Mumbai ranges between ₹1.9 Lakhs to ₹6.8 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 76% less than the average Associate Manager Salary in India. Salary estimates are based on 472 latest salaries received from various employees of IndusInd Bank Mumbai.
How does the salary of a Associate Manager at IndusInd Bank Mumbai compare with the average salary range for this job?
The average salary of a Associate Manager at IndusInd Bank is 76% less than the average salary of a Associate Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Associate Manager at IndusInd Bank?
Operations Management, Risk Management, Banking Operations, Credit Appraisal and Corporate Credit are some of the popular skills required to work as a Associate Manager at IndusInd Bank Mumbai.
Which similar companies are paying more than IndusInd Bank to a Associate Manager in Mumbai?
  • HSBC Global Banking and Markets Associate Manager Salary - ₹13.5 Lakhs to ₹17.2 Lakhs per year
  • Deutsche Bank Associate Manager Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year
  • Standard Chartered Associate Manager Salary - ₹5.5 Lakhs to ₹15.5 Lakhs per year
What is the salary of a Associate Manager in companies similar to IndusInd Bank in Mumbai?
  • HDFC Bank Associate Manager Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
  • Yes Bank Associate Manager Salary - ₹3.2 Lakhs to ₹6.5 Lakhs per year
  • ICICI Bank Associate Manager Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
  • IDFC FIRST Bank Associate Manager Salary - ₹2.4 Lakhs to ₹7.0 Lakhs per year
  • RBL Bank Associate Manager Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Associate Manager at IndusInd Bank in Mumbai?
The estimated take-home salary of a Associate Manager at IndusInd Bank ranges between ₹29,872 per month to ₹31,188 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank Associate Manager salary in India which ranges between ₹1.9 Lakhs to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Associate Manager at IndusInd Bank in Mumbai?
According to AmbitionBox, 67% of the IndusInd Bank Associate Managers in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 256 responses on AmbitionBox in last 2 years.

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IndusInd Bank Associate Manager salary in Mumbai ranges between ₹1.9 Lakh to ₹6.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 472 IndusInd Bank latest salaries received from various employees of IndusInd Bank.