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IndusInd Bank Associate salaries in Mumbai (Updated 2025)

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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60% less than the average Associate Salary in Banking Companies for 2 - 6 years of experience

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Last Updated: 14 Mar 2025

Companies similar to IndusInd Bank for Associate in Mumbai

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IndusInd Bank Associate Salary

2 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹3.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Deutsche Bank Associate Salary

2 - 15 years exp. (1k salaries)

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₹10 L/yr - ₹33 L/yr

arrow icon 553% more
35 job openings
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IDFC FIRST Bank Associate Salary

0 - 7 years exp. (324 salaries)

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₹1.6 L/yr - ₹4.9 L/yr

arrow icon 1% more
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NatWest Group Associate Salary

4 - 12 years exp. (58 salaries)

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₹11.7 L/yr - ₹34.5 L/yr

arrow icon 514% more
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Standard Chartered Associate Salary

1 - 13 years exp. (56 salaries)

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₹10 L/yr - ₹35 L/yr

arrow icon 544% more
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Bank of America Associate Salary

2 - 11 years exp. (55 salaries)

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₹12.3 L/yr - ₹47 L/yr

arrow icon 778% more
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ICICI Bank Associate Salary

0 - 5 years exp. (25 salaries)

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₹1.4 L/yr - ₹5.1 L/yr

arrow icon 8% less
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Axis Bank Associate Salary

0 - 8 years exp. (17 salaries)

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₹2.1 L/yr - ₹5 L/yr

arrow icon 13% more
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Barclays Associate Salary

2 - 8 years exp. (13 salaries)

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₹6.6 L/yr - ₹23 L/yr

arrow icon 418% more
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Yes Bank Associate Salary

1 - 8 years exp. (10 salaries)

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₹2.5 L/yr - ₹4.9 L/yr

arrow icon 12% more
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Federal Bank Associate Salary

1 - 4 years exp. (8 salaries)

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₹5 L/yr - ₹8 L/yr

arrow icon 110% more
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₹8.6 L/yr - ₹17.3 L/yr

arrow icon 286% more
Associate salary at IndusInd Bank ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Associate in Mumbai

1w ago
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6 years exp.
9mo ago
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5 years exp.

Experience wise IndusInd Bank Associate salaries in Mumbai

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹6 L/yr

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₹5.7 L/yr - ₹5.9 L/yr

Salary related reviews for IndusInd Bank

5.0

Rated by 1 employees for salary & benefits

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.

read more
  • Skill development - Good
  • +1 more

Dislikes

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

read more
  • Salary - Poor
  • +3 more

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

read more
  • Salary - Good
  • +6 more

Dislikes

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

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 03 Jan 2025

2.0
 for  Salary and Benefits

Likes

Only thing i like salary on 25 of every month nothing else

Dislikes

No proper support from managers branch managers are dangerous towards employee favourite employe get good support . Not treat equally . No proper hr support . Manager use their power to spoil employee life. Unrealistic target . This is not bank these are insurance company. They only focus on insurance. No proper training. No proper support . Second thing if u have do pr die situation then join Indusind bank other wise explore your self and search other opportunities. Hr not received your call . Hr will also not understand your problem even you share medical thereafter they will not relieve you . Hr is only for name and position. Huge politics . If you hard worker employee and source good business then managers will map your clients to his favourite employee. They will treat you like you are slave. (Convulsion) Pls don’t join until and unless you have do or die situation either join for 1 or 6 months after resigned )

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Salary - Good
  • +5 more

Dislikes

Salary and Appraisal.

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.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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IndusInd Bank Associate Salary FAQs

What is the salary of Associate at IndusInd Bank in Mumbai?
The average salary of a Associate at IndusInd Bank in Mumbai typically ranges from ₹3.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Associate in Mumbai at IndusInd Bank earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Associate 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 4 IndusInd Bank employees in India.
What is the estimated take home salary of a Associate at IndusInd Bank in Mumbai?
The estimated take-home salary of a Associate at IndusInd Bank in Mumbai typically ranges from ₹22,729 to ₹24,202 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years to 6 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 4 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IndusInd Bank for Associate in India?
Bank of America ₹12.3 Lakhs to ₹47.0 Lakhs per year
Deutsche Bank ₹10.0 Lakhs to ₹33.0 Lakhs per year
Standard Chartered ₹10.0 Lakhs to ₹35.0 Lakhs per year
NatWest Group ₹11.7 Lakhs to ₹34.5 Lakhs per year
Barclays ₹6.6 Lakhs to ₹23.0 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 in companies similar to IndusInd Bank in Mumbai?
The salary of a Associate at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Global Banking and Markets ₹8.6 Lakhs to ₹17.3 Lakhs per year
Federal Bank ₹5.0 Lakhs to ₹8.0 Lakhs per year
Axis Bank ₹2.1 Lakhs to ₹5.0 Lakhs per year
Yes Bank ₹2.5 Lakhs to ₹4.9 Lakhs per year
IDFC FIRST Bank ₹1.6 Lakhs to ₹4.9 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 at IndusInd Bank in Mumbai?
The salary growth for a Associate at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
2 years ₹1.1 Lakhs to ₹3.0 Lakhs per year
3 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
4 years ₹3.0 Lakhs to ₹5.6 Lakhs per year
5 years ₹3.0 Lakhs to ₹5.8 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank Associate salary in Mumbai ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IndusInd Bank latest salaries received from various employees of IndusInd Bank.